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Main Subject - 12 Secrets of Sticky Ideas
Forget cold calls. Do away with direct mail. And for the love of God, PLEASE stop wasting your money on advertisements. This stuff doesn’t work. Allow me to introduce you to your company’s greatest marketing ally: Word of Mouth. She’s very pleased to meet you. FACT: if you leverage, monitor and practice word of mouth through interaction, (not interruption) mark According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product eting, you win. And you win BIG. There’s a reason I know that. See, my entire career as an author/speaker has been built (and continues to be built) on word of mouth. If you’re a first time reader, allow me to explain: My name is Scott. I’m that guy who wears a nametag 24-7 to make people friendlier. (Faithfully since November 2, 2000.) I write books, give sp ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in eches and publish online learning tools that help businesspeople make a name for themselves, one conversation at a time. Truthfully, it all started out as sort of an experiment. But after a few years, when experimental became experiential, I noticed something. People started talking. I didn’t ask them to. They just did. And for a long time, I wasn’t sure why it lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. was happening. I’m just some dude who wears a nametag! Why would anyone want to talk about that? I thought. So I studied. I researched. Spent the next few years observing, reading books and attending seminars on the properties of word of mouth, creativity and idea stickiness. Which brings us to today. Seven years later. (And people are still talking!) I’ve p here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe ut together a list called 12 Secrets of Sticky Ideas. As you read through them, relate them to your own ideas, products and websites. Brainstorm ways that you could increase your level of stickiness as well. 1. A nametag is INARGUABLE. It’s impossible to deny it: nametags are fun. And they work, too. Sigmund Freud wrote that a person’s name is the single d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro context of human memory most apt to be forgotten. Sure is nice to have that handy reminder staring you in the face! LET ME ASK YA THIS… Which of your products are impossible to object? 2. A nametag is UNEXPECTED. Most people wear nametags at conventions, churches, events and meetings. But at a dance club at 10 PM on a Friday night? Or at a sushi ba ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc for lunch in the middle of the week? Or at a wedding? That ain’t right! So, the nametag breaks people’s patterns. It violates their schemas. And that’s exactly why they notice it. Because the most basic way to get someone’s attention is to break their pattern. LET ME ASK YA THIS… What are five patterns of your target customer’s regular behavior? How cou easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi ld you break them? 3. A nametag is INTERESTING. In the book Made to Stick, authors Chip and Dan Health revealed that sticky ideas endure if they generate interest and curiosity. In other words, surprise is not enough. See, surprise ATTRACTS customers’ attention, but interest KEEPS their attention. Think McDonald’s sings. Think, “97 billion burgers sold.” nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically LET ME ASK YA THIS… What remarkable characteristics of your business encourage fans (not customers) to come back on a regular basis? 4. A nametag is VISUAL. Humans remember what they SEE three times as well as what they HEAR. In a situation when nobody else is wearing a nametag, it first stands out in person, then stands out in people’s minds. Thus, and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ tickiness is about mindshare, not marketshare. LET ME ASK YA THIS… What word do you “own” in the minds of your customers? 5. A nametag INSINUATES instead of IMPOSING. A nametag is non-threatening. It doesn’t force anybody to do anything. It’s just a symbol. An act of friendliness. People can choose to say hi or ignore it. No hard feelings. The na ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi etag is there if you want it. It’s the difference between interruption and interaction. The difference between music and noise. LET ME ASK YA THIS… Are you interrupting or interacting with your customers? 6. A nametag is EMOTIONAL. People don’t do what they think; they do what they feel. When a stranger interacts with me because I’m wearing a nameta ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a g, that person feels playful. If they make a joke at my expense in front of ten other strangers on an airplane, they feel clever. And when they used my nametag as a memory tool, they feel relieved. Whatever the situation is, the nametag evokes some kind of positive, memorable emotion. Because ultimately, the only thing people can judge you on is how engaging with dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod you makes them feel. LET ME ASK YA THIS… What core emotion does your company sybolize? 7. A nametag is a SOCIALIZATION. It creates encounters that otherwise would not have existed. It’s an icebreaker. A conversation starter. Not unlike the way cigarettes bring unacquainted smokers together in a group environment. It generates common ground. LET M cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin ASK YA THIS… How can you exponentially increase activity level and encourage community among the people you serve? 8. A nametag is SIMPLE. There’s not much to it. Nametags = friendly. LET ME ASK YA THIS… Is your idea simple enough that a five year old could understand it? 9. A nametag is RELATABLE. Everybody wears nametags at some point tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen in their lives. Most everyone has accidentally left it on after some event. And partly everyone has exclaimed, “I wish everyone wore nametags!” I can’t even tell you how many people come up to me and said, “Man! I wish I’d thought of that!” And what’s funny is, they probably did. They just didn’t do anything about it. And THAT is the fine line between executio t? As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel and extinction. LET ME ASK YA THIS… What existing worldview does your idea match? 10. A nametag is STICKY. I know, very funny. But I’m not just talking about the adhesive. The idea is sticky, too. Even if people don’t like it, it’s still sticky. Here’s what I mean. 90% of the people who hear about the nametag idea – from me, from others, from the ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust Internet – respond with, “That’s the coolest idea I’ve eve heard of!” On the other hand, 10% of the people who hear about my idea say, “That’s the stupidest idea I’ve ever heard!” Interestingly, both groups still tell their friends about it. It’s just that sticky. LET ME ASK YA THIS… Do people tell their friends about your ideas, even if they don’t agree wit y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products h you? 11. A nametag is COOL. Sure, cool is a difficult word to pin down, yet customers seem to know “cool” products, ideas and companies when they see them. In fact, cool seems to be the most common word used to describe my nametag idea. Which is good. Customers are attracted to cool things. And they also like to tell their friends (and complete strange . As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de s!) about those cool things. Because cool rules. LET ME ASK YA THIS… On a scale from 1-10, how cool is your product? 12. A nametag is CURIOUS. According to my calculations, over the years I’ve probably met about 100,000 new people because of wearing a nametag. And I’d say at least 50% of those people commented or inquired about nametag because they j elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip st HAD to ask. They HAD to know. So, my nametag appeals to a human’s inherent curious nature. It’s not just the “Aha!” but the “Huh?” that precedes the “Aha!” LET ME ASK YA THIS… How often do people say to you, “OK, I just HAVE to ask…”? LET ME SUGGEST THIS… Using these twelve attributes, create your own Sticky List. Email it to me and I’ll post it on my blog tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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