Debunking Myths On Storytelling For Startups - LoudStory Startup League #2
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Transcript of Debunking Myths On Storytelling For Startups - LoudStory Startup League #2
4 months after we had launched we only had 3,000 users. But the users really loved the product – including me. And I realized, we didn't have a technology problem. We had a community problem. We had to market the product to the right people. I had to find other people like me.
Ben Silbermann, CEO of Pinterest
Get inspired: bit.ly/1tbeX2b
Marketing is the price you pay for being unremarkable
"The world is shifting away from buying services & products from huge soulless companies, and moving instead to buying from a real person, with a story that they can relate to. Business is personal. It’s why peer marketplaces like Etsy & Airbnb are exploding. We want more than the solution ."
Dan Martell, CEO of Clarity
Get inspired: bit.ly/1wzJLu6
"People don't buy what you do. They buy why you do it."
Simon Sinek, author "How great leaders inspire action"
Get inspired : bit.ly/OX0t5a
WHY
HOW
WHAT
2./7 "For some companies or industries, especially in B2B, storytelling is useless. Facts like price, speed or efficiency are the only keys that can convince the client."
"There are only 4 things that creates real value and can lead unique companies that do something that's never been done before to escape competition and create a monopoly: proprietary technology, network effects, economies of scale and branding.
Branding – as in "lodging an idea in people's minds"."
Peter Thiel, cofounder of PayPal and Palantir, VC of Founders Fund
Get inspired: bit.ly/1qpQU9s
OK…proprietary
technologynetwork
effectseconomies
of scale
WOW!!!• IT EMPOWERS
ME• IT CHANGES
MY/THE WORLD
• IT BRINGS BEAUTY TO MY LIFE
• I LOVE IT
Talk Both To Their Brains & Hearts
Hero: Person who needs glassesVillain: The eyewear industryFear: To lose or break his unique pair, too expensive to replace.Hope: To be able to buy glasses without leaving with an empty wallet. A world where the dominating industry would be defeated.
Real PurposeWeak UniquenessWeak story (audience)
"Goals and objectives are not the story. The story of the company gets to the hardcore question of why. Why should I join this company? Why should I be excited to work here? Why should I buy your product? Why should I invest in the company? Why is the world better off as a result of this company's existence?When a company clearly articulates its story, the context for everyone—employees, partners, customers, investors, and the press—becomes clear."
Ben Horowitz, entrepreneur and VC at Andreessen Horowitz
Get inspired: bit.ly/1wwLYIi
"Storytelling is nothing new! Companies have been doing it for ages. Marketing is storytelling. Advertising is storytelling."
4./7
"For Steve Jobs, marketing was a dirty word.Marketing is when you have to sell to somebody. If you aren't providing value, if you're not educating them about the product, if you're not helping them get the most out of the product, you're selling.The starting point to every communication campaign should be the purpose: why do you deserve to exist in the world, why should people believe in you, why should people even listen to you."
Allison Johnson, former Apple VP of Marketing Communication
Get inspired: bit.ly/1nZCe6v
"Ok, storytelling is useful for startups. But at the beginning, what really matters is meeting with potential clients and do one-to-one sales."
5./7
Everything that you do, especially at the beginning, should help word of mouth. So telling a great story is the best way to help you first customers know what to say to convince others to use or buy your product. When you begin with a totally new product it's really hard to know exactly the pain points of your customers and you don't really have success stories to put upfront. You have to bring in your first customers yourself, through tones of emails, phone calls or by using your network. Your goal is to turn you first users into champions, into strong advocates. And the best way to do that is to offer them an exceptional experience they will remember: talk to them!
Kevin Hale, cofounder of Wufoo
Get inspired: bit.ly/1t67uQh
"One of my criterion for investing: does it make for a good cocktail story. Am I so excited by your story that my eyes sparkle when I tell the story of what this guy is doing?"
"To attract the best people, write a truly inspired blog post about how it’s truly amazing to work there, describe the vision, the mission, the company, why you’re amazing, and why it’s going to be amazing when the candidate comes."
Travis Kalanick, CEO of Uber, serial entrepreneur and investor
Get inspired: bit.ly/1p2DShI
"Don't try to be Steve Jobs. Don't try to replicate Apple's website or products. Be yourself, be authentic."
Allison Johnson, former Apple VP of Marketing Communication
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LOYALTYWOMACCOUNTABILITY
Thanks to the authors of the icons: Catherine Please, Anton Håkanson, Alex Sheyn, Anna, A Friedmann (The Noun Project)
NO BSAND BIG RESPONSABILITIES
HUMANIZE RELATIONSHIPEXPERIENCE
STORY
#1
ANALYZE YOUR COMPETITORS' WEBSITES & LOOK FOR THEIR STORY
-> WHAT IS UNIQUE ABOUT YOURS?
#2
DEFINE WHO YOU ARE VS. WHO ARE YOU NOT – CREATE A WORD LIST OR MOODBOARD
-> DEFINE YOUR BRAND FROM AN EMOTIONAL STANDPOINT
UNIQUENESS
#3
DEFINE YOUR BRAND HERO
BASED ON FICTION OR REALITY, IMAGINE YOUR TARGET AUDIENCE: DESCRIBE HIM/HER AS PRECISELY AS POSSIBLE: EXTERIOR AND INNER SELF.
THE HERO WRITES A LETTER ABOUT HIS/HER BROKEN WORLD
WRITING TO ONE OF HIS CLOSEST FRIENDS, HE REVEALS HIS BROKEN WORLD AND EXPRESSES WHAT WOULD BE HIS UNSPOKEN DREAM / PROMISED LAND.
Based on 'The Story Wars' – Jonah Sachs
AUDIENCE
#4
THE NEW FRONTIERDESCRIBE HOW THE WORLD IS DIFFERENT FROM 5 YEARS AGO & WHY IT MAKES YOUR MISSION MATTER MORE THAN EVER BEFORE.WHAT EXCITES YOU ABOUT WHAT’S POSSIBLE TODAY THAT WAS NOT 5 YEARS AGO?WHAT CULTURAL CHANGE AND/OR TECHNOLOGICAL SHIFT OFFERS NEW OPPORTUNITIES?
THE CALL TO ADVENTUREYOUR STORY SHOULD CELEBRATE THE NEW POSSIBILITIES AND EMPOWER YOUR AUDIENCE TO ACT! YOUR BRAND HELPS YOUR AUDIENCE EMBRACE THE FUTURE & CREATE A BETTER WORLD.
Based on "Undeniable story", by Michael Margolis
PURPOSE