Tag Archives: marketing

SME Conference – The 3 Golden Rules of Business

1 Dec

SME Business Conference_LeikHong

Together with the Penang State Government – Deputy Chief Minister 1 Office, Business Coach Lizam Karim and Business Coach Leow Leik Hong have successfully organized an SME Conference – The 3 Golden Rules of Business on the 3rd November 2016, at Hotel Jen, Penang.

Guest of Honor: YB Dato’ HJ Mohd Rashid Hasnon

The 3 Golden Rules of Business:
1. Rule of Entity – The Business and the owner are 2 separate entity.
2. Rule of Profit – A profitable product does NOT equal to a profitable business.
3. Rule of Selling – Is not WHAT you sell, is HOW you sell.

Visit: http://www.smallfish.com.my for more business ideas and
LIKE http://www.facebook.com/SmallFishBusiness

If you missed our sharing, here are some of the video highlights:

Hope you would enjoy.

Small Fish Business Youtube Channel

15 Sep

Small Fish Business Youtube Channel 

Creating an online Youtube Channel is something I always wanted to do, but for whatever reason, this task has been keeping delaying. Maybe one of the reasons is I did not have a good enough background to show cast my materials, well all this has now be resolved with the help of Ace Dot My.

I like to express my sincere thanks to Alex Chew (Founder and CEO of Ace Dot My) and his team for allowing me to use their #SmartONE teaching board.

The SmartONE is really a piece of high-tech technology tool for presentation, where I could upload and showcase my materials in almost any formats (text, pdf, powerpoint, photo, music, video, web & etc). As you can see from the video, it made my sharing really easy and convenient, all I need to do is just point my finger on the screen and all the wonder and magic will just happen by itself.

Furthermore, I can also sync the screen directly from my laptop, tablet or smartphone with SmartONE, with just a click of a button. Making presentation and conducting meeting effortless.

With the help of my good friend Vaniss Lee (CEO of Lee Video Production) and her crew members, we shooted 6 videos sharing about the topics of the marketing idea, strategic, branding and sales. Each of the videos is going to upload on the Tuesday of every week for next 6 consecutive weeks. So if you like what you see, please do share with your friends and colleagues.

#1 Small Fish Business Channel – The Definition of Marketing – http://bit.ly/SmallFishC1

Learn more about SmartONE, visit to http://www.ace.my/

Learn more LEE Video Production, visit to http://www.leevideo.com.my/

 

4 Aug

LevelUP Brand Experience

The second batch of “LevelUP Brand Experience” is now confirmed on 22 & 23 September 2016.

In these 2 days, you would learn several real-life examples of distinguished Malaysian companies who have successfully made it to the pinnacle of Brand Experience, example: PKT Logistics Group Sdn. Bhd. MK Curtain Group FERUNI CERAMICHE SDN BHD & others

Some of the highlight of the workshop:
– Develop the creative minds of an entrepreneur
– Sustainable business model
– 4 ways of marketing strategies to improve your revenue
– Built a brand that is worth sharing via online & offline
– Effective ideas to maximize your social media marketing efforts

Bonus:
Half day Brand Experience Tour around the facility of PKT, learn about howDato’ Michael Tio build a company that is worth talking and sharing around.

PM us for more information.

Date: 22 – 23 September 2016
Time: 0900 – 1730
Venue: The Lighthouse Campus (PKT)

Photos for batch 1 (July):https://www.facebook.com/SmallFishBusiness/photos/…

‪#‎smallfish‬ ‪#‎levelUpBrand‬ ‪#‎deliverhappiness‬ ‪#‎BrandExperience‬ ‪#‎Branding‬

Workshop facilitator: LeikHong BizCoach Benson Wong

06 品牌与客户体验的魔力

30 Jun

LeikHong & SookShyan

作者:廖翊翃(企业教练)
标题:品牌与客户体验的魔力

如果今天你踏进任何一家商店,不论是餐厅、美容院、服装店等,你都会期望得到某个程度的客户服务(Customer Service )。在现今的商业环境里,客户服务不再是一项奢侈品,而是一项需要。一家没有客户服务的商店,是一家没礼貌的企业,不论它的产品再好,没多久也会遭淘汰。

有鉴于此,现在的服务业是需要迈进“客户体验”(Customer Experience )的年代了。客户体验是整个“品牌体验”(Brand Experience )的一部分。试想一下,你想让你的客户对你的品牌有什么样的体验?

笔者最近在 De L Vida Studio 拍摄婚照时,就对此家公司的品牌与客户体验有着赞不绝口。有别于一般的婚纱店,De L Vida Studio 是家小型精品式婚纱摄影室。此家摄影室麻雀虽小,但五脏俱全。从我与太太首次接触该摄影室的配套、选择婚纱礼服、拍摄当天,再到照片完成品,他们的服务可说是让我们感到无微不至的。

就比如说拍摄前,摄影师兼老板Jeerie先只身到拍摄的外景场地勘察,预先实体勘察当地的环境与拍摄的角度与灵感,让拍摄当天可省却不少的时间。在此之前,我们也与Jerrie 沟通了许多想法与概念,他亦用心的记录及呈现我们所要的婚照。

最令笔者与太太难忘与惊喜的是,当我们完成外景摄影后,步入午餐时间时,Jerrie 带着我们与团队到一家韩国餐厅享受烤肉与泡菜等美食。可想而知,当我们完成烈日当空下的拍摄,又累又饿的情况下,来到有空调的上等韩国餐厅用餐是何等的满足啊!而且还是Jerrie 买单哦。有拍过婚照的朋友听闻后都直呼我们好幸福,因为他们只能吃打包回来的炒饭或鸡饭,抑或是馒头包点。

一个好的品牌与客户体验,可让客户很乐意的为你的品牌做个免费宣传,可别小看这种口碑相传的魔力哦!

1令吉的魔力

13 Jun

LeikHong Upselling

 

标题:1令吉的魔力

作者 : 廖翊翃(企业教练)

 

有如上文提到,客户数额(Existing Customer)x 重复交易量(Repeat Order) x 交易数额(Average Spending)=营业额(Revenue) ,是一项商家们都必须明白的营销方程式。

很多时候,商家们如果要提升自身的营业额,都会努力的区增加自身的客户量,而忽略了其实可在所谓的“重复交易量”与“交易数额”下手。除了我们的品质、服务于价钱的保证以外,我们应该利用何等策略来鼓励消费者一直回来光顾我们的生意呢?

相信你也会有相关的经验,你到某咖啡馆或发廊消费,首次光顾都会获得对方的会员卡一张。每一次的消费都会获得一个盖章。获得越多或超过10个盖章以上,就会得到 一杯免费的咖啡或免费理发一次。

这种优惠的小举动,就是提升客户的忠诚度,让客户觉得有了这张会员卡,就会不断享有好处与优惠,而不是得去找另一家商店。当然了,会员卡的种类形形色色,有的是收集积分来换取商品或回扣等;有的则是会员有优先权先购买新的产品。

“交易数额”则是如何提高客户每次消费时的单价,举个例子:如果有位客户已经向你买了10令吉产品,你如何鼓励对方多消费1令吉,达到总额11令吉呢?这你可要多向麦当劳学习了。当你想吃麦当劳时,你会选择单点汉堡包?抑或是选择麦当劳套餐呢?我相信,多数的消费者都会选择套餐(汉堡包、汽水及薯条)。为什么?因为会比较值得啊!

这就对了,麦当劳就是要令你觉得“值得”。麦当劳将3种不同的产品组合成一个优惠价套餐来卖你,让你觉得值得而多加消费。而你决定买下套餐后,麦当劳的专员并没有停止向你销售,反而会问你,是否还要多加1令吉(Add On )来加码你的套餐呢?

试想想,如果你花了10令吉来买套餐,而且又同意以1令吉加码,你可帮麦当劳增加10%的营业额。如果一家麦当劳的月入营业额是100万令吉的话,那10%就是10万令吉。麦当劳只需简单轻松的问你是都要加额1令吉,就可增加其10万令吉的营业额,你说厉害吗?

当然,增加营业额的策略最好是三管齐下,如果你的客户数额 x 重复交易量x交易数额都能够各自增长10%,那么你就会有意想不到的33%增加率。加油吧!

#商业模式特点差异化

5 May

Small Fish LeikHong

 

标题:商业模式特点差异化

作者:廖翊翃

 

与友人吃饭聊起,他想在呆了10年的公司离职创业去。想说顺应潮流,开间自己向往已久的精品咖啡馆去。

在槟岛这一带,近几年来确实吹起了精品咖啡坊的潮流风,尤其在古迹区一带,随便数一数都超过十根手指,一点也不夸张。而这些咖啡坊都有各自的独特特色,当然也有的咖啡馆虽然拥有独特特色,但经营时间不长久,相继倒闭。

我问友人所构思的咖啡坊是否拥有与人不同的“特点差异化”,他摇摇头反问,所谓的特点差异化不就是一味在食品、咖啡、咖啡馆主题布置下功夫,不是吗?

其实,要在相同领域的行业中找出差异化并不难,只要花点心思,必然会找出属于自己的特点差异化。就好比Pizza Hut 与 Domino Pizza 不就是同样卖着热腾腾的披萨吗?但只要您仔细研究,您就会发现这两家的商业模式与客户对象是全然不同的。

Pizza Hut是家仪餐厅为主导目标的商业模式,而Domino Pizza 则是以外卖为主导。如果您经营的是Pizza Hut,在寻找店面方面,就必须找出一个黄金地段,如拥有高客流量的商场。而店面面积不能太小的同时,也必须聘请好几位高效率的店面服务员。而您是经营Domino Pizza的话,您就可以省下高店租的商场单位,因为Domino Pizza讲求的是送外卖的速度,而Pizza Hut较着重在家庭与朋友在餐厅内聚餐。

友人听了猛点头,双眼炯炯发亮似乎想到了些什么。祝福友人找出属于自己的咖啡馆特点差异化,为梦想努力前进吧!

#01 紫牛奇遇记 – 制造广告及商品的差异化

2 May

LeikHong Purple Cow

标题:紫牛奇遇记 – 制造广告及商品的差异化

作者:廖翊翃

试想你正处在蓝天白云、辽阔草原的国度中,进行你人生中第一次的背包旅行,你与同伴们出租了一辆四轮驱动车在野外草原上奔驰。尽入眼帘的是片一望无际的大草原、绿油油的草原与碧海蓝天,这可是美不胜收的完美结合啊!

此刻,大草原上有数之不尽的牛儿,如果这是你与同伴首次见到那么多头牛,你们的第一个反应会是什么?我相信一定是大叫Wow一声,然后问道:“怎么有那么多头牛喔!?”

当你兴高采烈的向前,继续路途约30分钟后,旁边的草原上始终保持着千千万万头牛,这时你的反应又会是什么?

如果你再前进,又过了另外的30分钟,车旁的景色依然是成千上万的牛,你可还有反应吗?还觉得很新鲜吗?牛还很可爱吗? 看来,你先前的兴奋度早就消失得无影无踪了。

为什么?当同样的东西,一直重复的出现。这些东西早已失去了它的新鲜度,失去了它的趣味性,这些东西已变成无聊了。

但是,若这千千万万头牛中,你突然发现其中一头牛是紫色的牛。这头“紫牛”会不会又重新吸引你的目光呢?接下来,你还很可能与你的同伴停下车来,与这头“紫牛”来个大合照自拍,再把照片上载至网上,与你的面子书、微信等社交网络的朋友分享你的“紫牛 -Purple Cow”奇遇记。

这个小情节,在我们日常生活中可是常发生的,我们的身边每天出现无数的广告(牛),从我们早上起床睁开眼睛,从你第一个见到牙刷品牌,到晚上临睡前你看的电视节目,所接触的广告品牌不计其数。(注:专家指人们一天内可接触到不少于3000至5000个产品牌子)

在众多的牌子当中,可有哪几个烙印在我们的脑袋里呢?相信你也会同意“不多”。人类的大脑会自动过滤潜意识中认为不重要的信息,即这些每天都见到的广告,会“自动”被归类在不重要信息的类别中。

如果你是商家,相信也会明白这当中的道理。那,你还会不会花钱打广告呢?

很多时候,广告仍然有其效应,但是在打广告之前,你可否有想好你产品的“紫牛 -Purple Cow”卖点是什么?如何把你的广告或商品让客户或观众眼前一亮?让客户自动帮你拍照及刷屏上网分享?

所以 “紫牛 -Purple Cow” 就是制造广告及商品的差异化,如何制造商品差异化与蓝海策略?请看下一章!

8 Pieces of Business Building Blocks

9 Nov
Print
Introducing “Small Fish’s Business Mastery” Blocks
In Small Fish’s business philosophy, we believed a business structure could be divided into 8 different pieces of blocks.
Although each block has it own stand-alone functions, but it’s in fact interconnected among all the blocks.
1. Business Purpose – to begin with, we often ask business owner “WHY” you started your business? What problems you would like to solve for your customers? – If your purpose is clear then your customer will buy.
2. Business Model – after identifying the why, then the “WHAT” and “HOW” will kick in to get the ball rolling. The business model is where you defined what your business needs and how are you going to make it happen.
3. Business Goals – setting up your business targets and goals for the next five years, and break in down into smaller pieces ranging from yearly, quarterly, monthly and even weekly. The action items need to be completed during this period of time.
4. Operation System – the next step is to setup the operational systems within your business. From marketing, sales, customer service, account, finance, production and so on.
5. Organization – a good business is all about having the right system with good people. To house good people, we first need to have a good organization structure. Starting from the organization chart, the reporting system, positional contract to the commission payout scheme and etc.
6. People – good people are the heart and soul of your business, there are many effects needed to attract good talents your organization. What are some of the core values that inspire good people to come work for you? If you want to build a brand for your employees, make sure that is “Culture”.
7. KPIs – this is where we measured the performances of our business. Is the business having healthy profit margin & cash flow? How are the performances of the team members? We have to measure our current business situation in order for us to improve and become better.
8. Milestones – coming to the last block of the pieces, this is where we celebrate our business achievements. Should our business have achieved the business goals and targets we set earlier? Breaking a new high sales record, opening more new outlets or business expanded to a new market.
Every piece of the blocks is interlinked among each others. In fact, we can merge Block (1) – (3) as our Business Plan,
Block (3) – (5) is about System,
Block (5) – (7) is about Team, and
Block (7) – (1) is about Rewards
Now look at your own business, have you got all the pieces filled up? If not PM us, we might be able to help.
#deliveryhappiness #smallfishbusiness #smallfish #businessmatery #entrepreneur #entrepreneurship #sales_marketing #leikhong #valueproposition #businessvalue

Small Fish Conquering the Big Pond || www.smallfishidea.com

7 Aug

Small Fish Conquering the Big Pond

Small Fish Conquering The Big Pond

– Simple and Remarkable Ways to Improve Your Marketing Results in a Competitive Environment
 

After almost a year of preparation, my first book is now ready to be published.

The content of Small Fish Conquering The Big Pond is about marketing, the reason I choose the title of  ‘Small Fish’ is because many local SMEs are like small fishes – swimming and striving to survive at an unknown business environment (the Big Pond).

In this book I am going to share some creative ideas and concepts about marketing, something which a business owners could easily apply. The marketing ideas would be simple buy remarkable to improve your marketing results.

Hope you enjoy reading it!!

http://www.smallfishidea.com

http://www.leikhong.com

Creativity & Innovation on Marketing #1

3 Feb

It has been awhile i have updated this blog. So i had decided to do something about it. One of the New Year resolution of mine is to keep this blog active; but the question is what to blog about?

This question keeps ponder in my head for the last couple of weeks. An idea just struck my head over my usual 5km run the other day, why don’t i just include some of the marketing materials i had just developed for my training module. So here goes with some the first chapter – Creativity & Innovation on Marketing

Creativity & Innovation on Marketing juice-box leikhong Why is Creativity and Innovation Important in Marketing?

Being creative and innovative seems to be the buzzword in business nowadays, but why are they so important? With a barrage of innumerable products flooding the market, a product must capture the average customer’s attention within a few seconds, or disappear into oblivion, lost in the vast ocean of countless, insignificant other products. A product cannot be just another product in the market. It must stand out from the rest. This is where creativity and innovation comes in. Being creative and innovative makes the difference between making profits or incurring losses for businesses. Unless a business is able to swiftly adapt the product through creativity and innovation to meet the customer’s changing needs, both the product and the business will no longer be relevant in the market as imitations or similar products with improved features will replace the product in no time.

What is Creativity? What is Innovation?

If passion and commitment are the life blood of a business, then creativity and innovation are the soul of a business. Creativity is the generation of ideas while innovation is the translation of these ideas into a product or service. Creativity is useful only if it can be translated into innovation that sells. In other words, creativity and innovation must lead to commercial value that is manifested through increased sales and profitability for the business. Can creativity and innovation be outsourced? Yes, it is possible, but the best ideas and innovation are most likely to come from within the business as no one knows the product as much as those who are in the business.  Creativity and innovation also require in-depth knowledge of the product to come up with ideas to market it effectively. You’ve guessed it. The best ideas may come from the home ground experts, your own employees or colleagues.  

Coca Cola Coke LeikHong

Creative Marketing and Profitability

A creative and innovative business that is ahead of its customers’ needs and expectations will eventually become a profitable market leader as this business is constantly generating and turning new ideas into products that bring sales and profit into the business. What is profit? Profit is the sales revenue minus the cost and margin. When customers buy your products, you generate sales. Increase in sales will result in profit. In other words, a successful business must have customers who buy the products, new and repeat sales and continued profits. Let us look at a few giants who made their mark as market leaders.

Great companies such as Apple, Zappos, Starbucks and AirAsia tuned to their customers’ needs and developed their niche to serve their customers’ expectations. Next came their legendary marketing campaigns that put them on the map. We’ll discuss more about these campaigns in our coming chapters.

– to be continued…. –

http://www.smallfishidea.com

http://www.leikhong.com