Goals

Copy-Competition

Why you should STOP copying your competition

The old saying goes “Imitation is the sincerest form of flattery”, but when it comes to your marketing, it’s just NOT a good idea. For centuries, we’ve been using other’s ideas, creative, and art as inspiration for our own work – and that’s fine if it’s used to spark ideas of your own. BUT if you are just copying every move your competitors are making, you are just setting yourself up for failure.

At Red Barn, we love a good life hack or a process or software that helps us save time and energy, but when it comes to copying competitor’s content – we draw the line. Copying other’s content is a big no-no because it can actually hurt your marketing strategy and your business. Let’s go back to why you started your business, because you wanted it to be uniquely yours including your content. Here’s several reasons why copying your competition is just a recipe for disaster.

  1. They don’t know what they are doing either. Just because your competitor has interesting and flashy creative it doesn’t mean that it’s actually working. Unless you have access to their analytics to confirm, you could be making the same bad mistakes as your competition. Also, your competition could be just as clueless as you AND they also could be copying another competitor – and now it’s an endless cycle! No matter how good the creative seems, there is simply no guarantee it will work for you.
  2. You might have a different target audience. Every business has their own Target Client Profile – or target audiences. Your competition may actually be targeting a difference audience than you, and an audience that you have no intention of targeting. You and your competitors each have your own unique strategy in regard to targeting your audience, without knowing the thought and reasoning behind the marketing, you simply won’t know if that creative is appropriate for your audience.
  3. It doesn’t set you apart. Customers aren’t dumb, they will recognize if you are doing copycat marketing. Not only are you showing them that your business lacks creativity and is unable to promote your business in your own unique way, but by copying others you’re also not getting valuable data. You need to see what works and what doesn’t for your business and use your own data to adjust your marketing accordingly. Your marketing should be authentic and original to you and your business – that’s why your customers want to work with you – because of who you are.
  4. You’re limiting yourself and your marketing. Not only are you limiting your creative ability to target your prospective clients, but your creative won’t be nearly as effective as your competition because you won’t know exactly how to execute it like they do. If you have someone who does your marketing, you’ll also be limiting them and their creative ideas and expertise and producing great creative in the future.
  5. You are confusing your customers. You are not giving your business its own unique brand and identity. You’ll also confuse potential customers, as they will see the same style and messaging of creative from both you and your competitor.
  6. You don’t have the same budget or resources. Even though you have an idea of what your competition is doing, there may be a lot of software, staff, budget, or even a marketing company behind the scenes that are all working together.

Your competition’s content and marketing strategy may seem easy and obvious to you from the outside, but it could be very complex with a lot of systems running on the inside. The best content is fresh and new and also is optimized. You can’t emulate and replicate a company that has a full-time in-house content marketing team, in addition to external agencies or consultants, who also help with their content marketing when you are a small business on limited resources. It’s just not feasible.

What you should do instead of copying your competitors

  1. Determine your goals – create your own marketing strategy that will outline your own content creation, paid search, email, social media, SEO, social media, and design (digital and print). You should have a focus and target client for each of these channels. Some of your goals for social media may include increasing engagement on Facebook, driving more repeat traffic to your website, etc. Having your own goals and strategy will allow you to stick to your own plan and not follow your competition – which could conflict with your goals.
  2. Start using the right tools and people. To be efficient and productive you need to use the right tools. If you need to segment your email lists, then use an email marketing software that makes it easy. If you want to schedule social media out in advance, use a tool that lets you do that. And make sure you have the right people doing the right things. Don’t use staff who hate writing and have poor grammar to write your blogs. Use the best people for the job to create and execute your content marketing strategy – this could be an outside firm too if it’s something that can’t be managed in house. Learn to delegate when needed or when it makes sense.
  3. Do your research and don’t stop reviewing metrics. If you do your research right, you should be able understand some of the reasons why and how your competitors are doing what they are doing. You’ll also want to track your own metrics and adjust your marketing accordingly. Less traffic on LinkedIn and more on Facebook – boost your Facebook posts to capitalize. More email opens with specific topics or subject lines – adjust and implement more like those. You can also subscribe to email newsletters of your competitors so you can see what they are doing, how they onboard new subscribers, what their subject lines are, etc. You shouldn’t copy, but it’s a good idea to know what they are up to.

Don’t underestimate the damage that copying your competitor’s creative can cause when it comes to your marketing efforts. If you have questions or need some advice, give us call or send us an email. We love talking about this stuff!

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Changing Career Gears

Thanks for following our blog, we have a special treat for you today, a guest blogger. Bill Cox is a local Realtor and a recent graduate of our Business Success Framework course. Enjoy Bill\’s blog and POV on how to handle changing careers after 32 years of teaching!

Fifteen or so years ago, while still in the role as a public school teacher, I remember reading about life in the private sector.  Subsequently, I spent hours in conversation with those actually living the life outside of the school walls – how was their career experience different than mine?

The point-of-departure for that difference seemed to be the fact that they would have two, three, or more careers during their working lives, whereas I knew (at the time) that I would be a teacher for 32 wonderful years, and then simply retire.  Life was fairly status quo as a teacher, sure we got the new stream of eager students each year, the biggest changes for those of us at the school would be which grade we taught in a particular year; perhaps which district school we would be assigned to; and often, which zany, empty-suit principal would be making the speeches.  You can tell I loved the kids far more than the establishment, but that is another story.  I’m an old rock and roller.  A trombonist who back in the day donned long hair and (gasp) wore bell bottoms.  I was probably the student my then empty-suited principal would shake his head at.

So eventually, retirement came.  I had the proverbial party and all was grand until it wasn’t.  I was bored. After seven years of retirement it dawned on me that I needed a challenge, I needed to exercise my brain again.  Here’s what I knew: I loved to work and learn new things.  I loved meeting people,  I love helping people through change, and I love helping by supplying creative solutions to whatever the problem is.

I wasn’t really sure how to use my previous experience – how to find the “right” thing to get me energized. Remember, I had the same career for 30+ years and no, I did not have a resume!  I really needed to get over being at-all tentative and look for some like-minded types.

Who was like me?  Who loved all those things I loved?  He or she needed to be outgoing, imaginative, and absolutely fearless about the unknown.  Flexible and motivated!

I found the master, he was a guy who lived right in town who I knew just to say hello – the indomitable, high-spirited Ted Murphy who was really the ‘It’s a Wonderful Life’ Jimmy Stewart character by reputation.  Unlike the movie character George Bailey who ran the local ‘building and loan’, Ted Murphy was a real estate broker of significant renown.  He and I went to lunch where I confessed I didn’t know much about real estate, and even less about private sector business.  He laughed and told me that what mattered was how I viewed people in general and if I was a good guy. And if I had a sense of humor, of course. I liked him even more at this point, I’m a good guy – he’s a good guy.  Sounded like I hit the jackpot!

His final words of wisdom after that faithful lunch and the words that sealed the deal on my post retirement venture are these:  “You’ll learn, but learn it in the context of staying positive, helpful, and wanting a challenge. “  In other words, it isn’t about the money, it isn’t about the sale, it isn’t about how many awards you get it’s about helping people, staying positive and last but surely not least just have some grit and determination.  Ok – I was in.  From that point on, everything got better and better, and if I was concerned about being bored in retirement or becoming somewhat dull or predictable,  – that was never going to happen in this new environment.

So after a couple of years being in this office, all I can say is that the rapport; the dialogue; the zaniness; the jokes (OMG); and just the SPIRIT of it all makes all the situation comedies on television dull by comparison.

About Bill Cox

Bill Cox has been a resident of the Litchfield community since 1987.  He graduated from Scarsdale High School in New York and holds degrees from Columbia University, the University of Bridgeport, and from Western Connecticut State University.  Bill retired from a 30-year teaching career in Westchester County in 2010 and is currently a Realtor for EJ Murphy Realty.  Bill and his wife, Trudy, live on Avalon Lane in Bantam where they raised their two children.

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“ME” Time – You Need It!

It’s SOOO easy to get caught up in the demands of everyday life – working extra hours to meet a deadline, rushing to get the kids off to school and activities, keeping up with household chores, and if there’s any time or energy left, a social life. But the madness must stop! Taking time for yourself is SUPER important to not only your health, but also your mental wellbeing.  Ever notice you get sick at the worst time – when you are uber busy? If you don’t have your health, you can’t run a strong business or do your best work.

Let’s start with a simple task. Look at your calendar right now. How many of those appointments, meetings, etc. are dictated by others – coworkers, bosses, or family members? Could it be that every time you add a new task or meeting into your schedule, you’re sacrificing your productivity by handing control of your day over to other people? Of course, compromise is essential when it comes to structuring your day, BUT you can’t sacrifice your “me” time.

Did you know “me” time helps you do the following:

  • Reboot your brain
  • Help you unwind
  • Self-discovery
  • Deep thinking
  • Improves concentration
  • Helps with problem-solving
  • Makes you more productive
  • Helps with relationships

Here’s some important tips to keep you, your health, and your “me” time in check!

  1. Be Realistic. Set goals and work to achieve them. Don’t set goals that are unrealistic and unattainable, it’ unhealthy and stressful. Set larger goals as stages so you show progress.
  2. Figure Out Your Schedule. What are you doing that you don’t need to do? What can you outsource? What can you cut back on? You can’t create more “me” time without understanding how to get it and what you are doing on the daily to eat up your free time. What are non-negotiables – sleep, gym time, kid pick up, etc. Block those into your schedule now so others can’t take up that time.
  3. Try Meditation or Just Being. These can help manage stress and improve your mental health. Morning, night, or during a stressful time are all great times to take a break and center yourself.
  4. Implement and Keep Healthy Habits. This means eating good food, limiting your coffee or soda intake, and even making sure you take the time to eat and drink water when you are busy. Avoid reaching for a candy bar at 2 pm as a pick me up and eat some fruit and nuts instead! Also, get into an exercise routine. Walks in the morning or at night, going to the gym, or even doing a workout video at home – whatever you like doing, do it. Keeping your body in shape will do wonders for your mental health too!
  5. Take Breaks. Seems counterproductive if you are busy but trust me, it works. It can keep you focused, help you retain info, and prevent frustration. And you should NOT feel guilty for taking a break – you deserve it! Take that lunch break, get up, move around, leave the office – for a few minutes, just unplug from what you are doing.
  6. Get a Hobby. Doing the same thing over and over is boring – even if your work varies from day to day, you’re probably still repeating the same schedule. Find something creative to do as a hobby to break out of the rut. Painting, knitting, drawing, reading, even listening to music can help recharge and refresh your brain. Make a list of things you want to do or try and pick 1 or 2 and do them. You might love it, you might hate it, but you won’t know unless you try.
  7. Work/Life Balance. This one is a hard one. When you clock out for the day, leave your work behind. Stop checking emails at 8 pm when it’s bedtime for the kids, or time when you should be hanging out with a spouse. Being a workaholic and constantly connected is detrimental to your mental health.
  8. Make a Change. If you are on the verge of a burnout, and you don’t like how you feel, make a change. It doesn’t even have to be a big change, but if certain aspects of your workday are draining you, see how you can improve on it. Remember, you aren’t stuck in your job forever. Find a new one, start your own business, you have options! You need to be happy with what you do for 40+ hours a week.

No matter what you do for a living, don’t neglect your mental health in favor of a job or a career. You and your mental health are more important than any job. The more time you make for yourself and what you want to do, the happier you will be.

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Accountability – What’s your excuse?

When you think about accountability, most people think it means taking responsibility for your mistakes. Admitting when you messed and taking the blame for any fall out. That’s now wrong, but it’s only a part of really and truly holding yourself accountable for your actions.

Meriam Webster defines accountability as the quality or state of being accountable; especially : an obligation or willingness to accept responsibility or to account for one\’s actions. The way I interpret accountability means also taking responsibility for why you aren’t happy, working your dream job, or living the life you truly want. Making excuses or inactivity is still an action – and it doesn’t mean you can’t be held accountable.

Let’s be brutally honest with each other for a minute. We all make excuses, probably every day, for why something isn’t done. At work, you might have 6 different open projects swirling around your desk, and something slipped through the crack. You own up to it, apologize, and make sure it gets done ASAP. At home, you might have forgotten to move the clothes from the washer to the dryer because the kids needed a ride to practice or had a band concert, so now you have to run them through another wash cycle. Both situations could easily be blamed on being overworked or having too much going on – but we own up to making the mistake or not paying attention or not scheduling our time correctly.

BUT why do we make excuse after excuse when it comes to achieving our goals and dreams? Think about it for a minute. Have you had a goal that you’ve always wanted to achieve? Maybe it’s starting your own business or traveling the world. Neither of them is as complex as finding a cure for cancer or creating world peace. So why haven’t you done it yet? In your mind you make the same excuses over and over again. The timing isn’t right, you don’t have $50,000 saved in the bank, something less important popped up and you decide that for some reason that should come first. Excuse after excuse.

It’s time to start holding yourself accountable for your goals. Just because you’ve never said them out loud or shared them with anyone, doesn’t make them any less real or important. So why do we constantly make them feel like they are less real and less important? Because we aren’t holding ourselves accountable.

We’ve been working with a business coach at Red Barn and one of the big things he preaches is time blocking and scheduling. You want to take that dream vacation – do it. Look at your calendar right now and block that time off. You don’t necessarily have to book the vacation today, but if you never block it off, something will always come up and keep you from doing it. You want to start your own business – awesome. Create a contract with yourself and include the key dates – date you start your business, date you quit your job, dates you will have the business plan done, business paperwork filed with the state, etc.

Life is WAY too short to keep putting your dreams on hold. Don’t let others dictate what’s important in your life because you aren’t taking accountability for what you really want. No one is going to check in with you to see if you’ve booked airline tickets yet or met with a business attorney. So, start putting dates on your calendar, and start living the life that’s really going to make you happy. No one wants to look back 20 years from now and feel like they missed out on opportunities.

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