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Transcript of Larkinfinalkeynotefromthumbdrive 110428180540 Phpapp02
Dick Larkin
American Marketing & Publishing
American Marketing & Publishing
HomePages Directories
323 Community Directories54 new books last year
194 new books planned this year
Average 10,800 copies
10 Upper Midwestern States
14 Years in Business
Conquering Misperceptions
Crafting New Realities
Good Newsand
Bad News
First, the BAD NEWS
If you are in the business of printed
telephone directories, you are going to be out
of business
EVERYONE (outside of the industry) agrees that printed directories are going to die
They only disagree on the timing
Now the good news
I mean the other good news
If you are in the business of connecting customers
Your services will always be
needed
Perception Is Not Reality
Perception DRIVES Reality
The expectation that The expectation that print is dying is print is dying is
accelerating the final accelerating the final outcomeoutcome
I’ll believe it when
I _ _ _ it
WRONG!
I’ll believe it when
I believe it
Customers doubt your
claims
They are confused by your “facts”
Help them Help them convince convince
themselvesthemselves
Share Stories of
Others Being
Successful
Tell Tell YourYour Story Story
Good News from the FutureGood News from the Future
This survives but in a
new form
Live Long and Prosper
ArousingDevelopments in Advertising
Risk ShiftingRisk Shifting
In the good old days, advertisers bore all the risk
If ads didn’t work, their only recourse was to quit advertising
You could count on delivery, but not
engagement
Pay-Per-Click is a guarantee of engagement
Pay-per-call is even more
engagement
Groupon Flipped the
Model
Rather than ask for advertising dollars,
Groupon delivers a check and an audience FIRST
The world has changed.The world has changed.Deal with it.Deal with it.
Look Where It’s Going
The best way to look into the
future is to look into the past
5 Years Ago
2006
5 years ago in 2006
• Facebook was 2 years old– invitation only– restricted to students and a few companies
• It now has over 600 million active users
5 years ago in 2006
• Oxford English Dictionary added “Google” as an official word (noun and verb)
5 years ago in 2006
• YouTube was 14 months old and would not acquired by Google until October 2005
5 years ago
• Twitter did not exist(would not be launched until July 2006)
• 294 million Twitter users today
• iPhone more than a year away. (introduced July 2007)
• Top selling phone of 2006 was a phone
Blockbuster had 9,000 stores
They currently have 5,000 stores and were sold in bankruptcy to Dish Network
The first Redbox kiosks were tested
They now have 26,000 locations and have rented over a billion DVDs
Everything is . . .
More Personal
More Mobile
More Socially ConnectedMore Socially Connected
More Convenient
More Measureable
More Efficient
More Self Service
More Instant
The pace of change
is increasing
Margins keep going down
Conquering Misperceptions
5 Years From Now
2016
Will we be
online more?
Will we be more socially networked?
Will video be
more important?
Will mobile be
more important?
Will people
still want
deals?
Will risk continue to shift away from
the advertiser?
Will businesses
still need help getting customers?
The Secret to the Perception of Success
Fast Results = Success
So What Should You Do?
Get Help
Be the NavigatorBe the Navigatorand Activatorand Activator
Act Like Act Like You Know You Know
What You’re What You’re DoingDoing
BusinessesCraveVision
So Now What?
People Buy From Someone They
KnowKnowLikeLike
&&TrustTrust
Step 1.Sell Something Engaging
Step 2Reduce Risk
Step 3Work Like
Hell to Make the Customer
Happy
RepeatRepeatandand
RefineRefine
Make Your Own Rules
ADP Members want you to ADP Members want you to succeed and will helpsucceed and will help
ThankYou