Let’s face it; freight brokers still have a bad rap. Maybe it’s jealousy because the broker doesn’t have to  make the heavy investment into their business that carriers do. Maybe it’s presumed or documented unethical behaviour. Either way, most freight brokers don’t want to be called freight brokers and many carriers would like to see them wiped off the face of the planet. Why? They have been successful in capturing freight that used to belong directly to carriers at a higher rate. Brokers can provide a lower rate and they are a contributing factor to the erosion of freight rates for the carriers.

We did a website for a small broker a couple of years back. He was happy with the results and referred us to one of his flatbed carriers in the region. When we met with that well established carrier, he was extremely frustrated. “How is it I keep losing out to a freight broker? He gets the freight and then I move it. I don’t understand.” I didn’t understand either, so I spoke to the broker in question. My assessment, after a brief discussion, was that the broker in this case, was a more confident sales person and he offered the customer a choice between several carriers, at several price points. Customers like choice.

It’s a funny world. There are many carriers that fill their trucks with broker freight. Brokers are their sales force and these carriers have very few relationships with customers directly. There are carriers that successfully outsource key lane segments to other carriers, like the corridor between Windsor and Quebec City or Ontario to Atlantic Canada, without a hitch. The message I get from that, is the shipper is mostly concerned about getting the job done, not how it gets done.

Lee’s quote for the day

“In the music business, there is a saying that the side men all want to be front men and the front men all want to go home. In the trucking business, it seems most carriers want to play in the “freight pimp” world and most “freight pimps” have the dream of building up key lanes so they can put on their own equipment. Whoever orders their new Cadillac first, is the winner!” 

Shift to small town New Brunswick. I had to visit recently on a family matter and stopped by the busy little Tim’s that has graced the community of less than 1000 for about 10 years now. Even the old boys that used to hang out at the barber shop and local gas station have migrated up the hill to their new spot and are quite comfortable calling Tim’s home.

For the most part, East Coasters have a reputation for being pretty friendly but when I took a spin through to get my morning coffee I didn’t hear the “Hello my name is…” greeting. Inquisitive person that I am, I mentioned my story to the lady serving me at the window. Her response was something like “Yes, we got some CD down from Ontario but I can’t see us doing that.” She proceeded to get my order and left me with these final and sincere words,”You have a good day now honey pie!”Friendly enough wouldn’t you say?

For all of us that have tried to initiate new processes and procedures is there a lesson to be learned? I think so. We tend to create all encompassing policies because we are either afraid to or are not able to single out individuals causing us grief in some way. Do most hourly employees punch time cards because at some point everyone was fudging their hours or because a few were? Are trucking companies religious about measuring on time performance because they were always late or because they messed up less than 5% of the time? Has anyone created a long list of rules and regulations for everyone because a small percentage of people are doing the equivalent of “peeing in the pool”…and does that sign on the wall actually stop those individuals from doing so in the future?”

I remember a blackout happening in Fredericton, NB where I went to university. At first it was “yahoo” with speeding cars everywhere but within a few hours there was self managed order without a street light or policeman in sight. In “Good to Great”, the author promotes self managed order as the key to business sustainability. It’s a leap of faith that requires a huge amount of trust. For the time being it seems the rotten apple continues to set the environment for the basket.

Lee’s quote for the day

“For the most part, the only thing tougher than initiating change is being on the receiving end of it.”

How do we (meaning everyone managing a department or business) translate that type of co-operative spirit into meeting the daily change and challenge we face in our day to day business? My thoughts follow and hopefully some of you will share yours as well.

Don’t compromise on talent.  There just isn’t room for weak links or rotten apples. The recession gave this weeding out process a kick start and we all need to be careful as we add new members back to our team.

A common goal. This is a big one. Even at the highest levels of management we see a disconnect and lack of clarity when it comes to long term objectives and vision. This is multiplied by 10 as it goes down through the ranks.

Share the victories. It is never what “I” did; it is what “we” accomplished. Remember to check “ego” at the door and genuinely share the glory.

Switch from fire fighters to wedding planners. There is bound to be some fire fighting with business but if it’s all you’re doing there are some fundamental processes that need addressing. It’s a much better feeling planning your day vs. chasing your tail…less stressful and much more productive.

Rewards. Money is great and appreciated but kind words have power too.

Lee’s quote for the day

“What’s better than feeling like a valued part of a winning team? Absolutely nothing!”

Working in marketing has allowed me an opportunity to meet many successful business leaders. Our process of discovery before rolling out a marketing program has given me an even greater opportunity to have in depth discussions with these visionary entrepreneurs.

Your chance for greatness can be realized if you adopt their common entrepreneurial traits. They’re excited about what they do, they know their business inside out and they are without exception… workaholics. Life balance may have escaped them but business needs leaders and the ones I’ve met seem comfortable with their calling. Maybe like sharks that need to keep swimming to stay alive, true entrepreneurs need to keep building their business for the same reason.

Assuming the best and being prepared for the worst are characteristics that put these individuals on a pedestal far above us common folk. I used to be in awe of their bigger than life personas. Over time, that awe has transformed to respect and the realization that the people running 2 million, 20 million or 200 million dollar companies have many similar characteristics.

Off comes the cloak of mystery. The truth is these entrepreneurs have learned and applied these simple lessons and you can take these 5 undisputable facts to the bank too:

1. Multiply your efforts through others.
2. Attract and keep great people.
3. Focus on your unique ability and delegate what you dislike or are not particularly good at to capable individuals on your team.
4. Make the bold move and seize the moment when it presents itself.
5. Let success build your confidence and increased confidence build your success.

Lee’s Quote for the day

“If you find something you love, that there is a market for, become really good at it, hang in there long enough, and add a little WYAO… success will be yours.”

1.  Give your web some personality.
   Many companies put website development in the hands of their IT department. Although they certainly play a big role, there should be a second set of eyes directing your look and message to the marketplace.
2. Take a message first approach.
   Don’t keep what you do best a secret. Make sure your value proposition is front and center. Narrow your focus and increase overall results by speaking specifically to your 80% strength and customer target.
3. Use an effective combination of Flash and HTML text in your web layout. Too much of one or the other can leave the viewer either frustrated with download time or bored from lack of effective design and text heavy layouts. A “picture is worth a thousand words” applies to websites too.
4. Optimize your site.
   Having a site without SEO (Search Engine Optimization) is like having a hot dog without the bun. Proper SEO can dramatically change your presence on the web through increased rankings.
5. Keep your news or blog category current.
   Having original news and/or blog content will increase rankings and customer interest, while copying others verbatim and having out of date entries can work against you. The more you update your site, the more reasons search engines such as Google will have a reason to visit.
6. Attention to detail is important.
   Use quality photos and well written and proofed text. Make sure your logo and tagline are reproduced consistently and correctly throughout your site and please avoid extended “under construction” postings.
7. Make your site customer centric.
   Make it easy to navigate. Tell your message quickly and concisely. Have applicable customer log-in portals front and center. For new visitors, the majority are looking for contact info so make it easy to find.
8. Benchmark your activity before and after.
   Use Google Analytics to better understand traffic demographics. Review regularly and make changes to your site based on the data received. Set targets to better capture your viewers’ attention and increase frequency and lengths of visits in the future.
9. Use a combination of push and pull strategies to increase your web presence.
   Don’t wait for business to land in your lap. Push out your information. Promote your website to customers and prospects.
10. Use one capable marketing provider. Your results will be more cohesive, cost effective and less demanding on your time. Taking a “too many cooks” approach (within your company and by using multiple vendors) could result in poor overall delivery and lack of consistency with your branding efforts.

 Lee’s quote for the day,
“To catch the big fish, your marketing needs to have the right hook, line and thinkers.”

#1. You typically have to win customers over one service at a time. Even though an integrated approach is the end goal for the diversified model, if you don’t establish the necessary rapport and trust first… the big sell is a hard sell.

# 2. By casting too wide a net with your marketing you run the risk of not catching anyone’s interest. If you can’t back up a statement with tangible evidence of expertise, your entire message can get grouped together as being unbelievable.

# 3. You don’t want customers confused about what your service offerings are and you also don’t want to hear the words “I didn’t know you did that” by failing to create the awareness of your full service offering. If you can, lead with your best service first and remember “It’s the steady rain that soaks.”

# 4. As a general rule, we find transportation providers have a core strength(s), a secondary focus and what we would typically call a value added or convenience sell. It’s important to weight these accordingly in your marketing so customers understand fully who you are as a company.

# 5. Most successful diversification is through a dedicated model, something that has been developed for a single customer with very specific needs. It won’t typically role out to your general customer demographic…so don’t market it that way.

# 6. Decide who you are. Are you better suited as a handyman that does a host of things pretty well? Or is what you do a craft, with a more select target that’s tough for others to duplicate. Both have value. You need to make sure there is alignment between your skill set and your targeted market.

# 7. Markets change. Regardless of your business model, if what used to be the volume of your activity is shrinking, maybe it’s time to bring one of those secondary services front and center. As an example, what represents 50% of our market strength today (websites and branding) was only 5-10 % of our mix 4 years ago.

# 8. From listening to recent shipper panels, they want stability, service commitments, information exchange and relationships. It won’t be just about price going forward… they know the landscape is changing and that shrinking capacity is on the horizon.

# 9. Reset your thinking soon, as no one can beat you down any further on price. The value, innovation and focus you have going forward will dramatically shape your road to recovery…proceed with caution, and confidence!

Lee’s quote for the day:
“Truckers are like elephants. They work hard and have long memories. The shippers who forced their hand too heavily during the recession may soon be viewed like a male porn star after a very cold shower…small, unimpressive and no longer carrying a big stick!”

I value old sayings like “When the going gets tough, the tough get going” and “Necessity is the mother of invention”. The immediacy of shrinking business revenues forces us to take the actions necessary to get our business back on track. And for the majority, it’s been a dramatic transition from where we were just a short time ago.

From my experience and listening to the views of other business owners and managers, there are 10 basic fundamentals that most agree on.

1. If you don’t love what you do develop an immediate plan to get out, however painful.
2. If you used to love what you do but are in a “recessional funk”, do a reboot and reenergize with a clear vision and action plan complete with time lines and task champions.
3. Communicate your concise vision to your entire team and for those who don’t get it in a timely manner, politely suggest a new and exciting career path for them …outside your organization.
4. Address every hurdle keeping you from achieving your goals and take action, take action, take action!
5. Treat your people, customers and suppliers like they matter most.
6. Fine tune your menu of services through the “good to great” criteria. What are you passionate about? What are you best at? What gives you the best economic return? You need all three firmly in place for the best results.
7. If you are a generalist, fully understand this “convenience sell” from a customer perspective and make sure you have conquerable levels of quality across your diversified service mix. Good execution of one can win you another. Poor execution of one can cost you everything.
8. If you are a specialist, make sure your niche offering is still relevant. Sometimes a recession causes a slowdown that a recovering economy corrects and sometimes there is a permanent swing that doesn’t swing back.
9. There are many new ways to reach your existing and future customers. Experiment and assess what works best for you.
10. Make sure your product is solid, your message is compelling and you assign the proper resources to deliver it to your market with clarity, consistency and confidence.

Lee’s Quote for the day:
“If you always start with your toughest task first, the rest of your day can’t help but get easier”

"629,000 results. Wow. And all this time I thought that Googling yourself meant the other thing."

What do you do when you are puzzled by something? You google it, like everyone else, since Google is the dominant search engine. Today millions of business professionals are only willing to reach as far as their keyboard for the answers they need. The question is will they find you? Do yourself a favor, Google yourself and find out if you are on the first page. If you’re not, here are some things you can do to increase your visibility on Google:

1. Update your employees’ profiles (photos, bios, links to their online profiles)

Web analytics reveal that the most viewed pages are the About Us and Contact Us pages. Why is that? It is driven by genuine human curiosity. People want know who they are doing business with, their names and faces, and not only that, they want to contact them too!

2. Blog, Blog, Blog.

As highlighted in our previous blog articles, there are many benefits in blogging. You can write about the things your customers want to know, share your insights in the market, and anything else that may interest your clients.

3. Incorporate Social Media on your site.

Social Media creates much larger audience groups for businesses. The Internet is a public and social place and having social media incorporated within your website means you are connected to more people more topics and subjects, thus increasing the chances your website will be picked up by Google’s search engine.

What else do you need? Commitment, Commitment and Commitment! It is a full time job to maintain your website and do it right. Update your website, blog and social media frequently, as a less active site is not going to rank well on Google.

B2B companies are ahead of their B2C rivals when it comes to social media adoption

• 81% of B2B companies maintain company-related accounts or profiles on social media sites versus 67% of B2C
• 75% of B2Bers participate in microblogging (eg. Twitter) versus 49% of B2Cers

Source: Business.com – 2009 B2B Social Media Benchmarking Study (http://www.emarketer.com/Article.aspx?R=1007404)

And the FTSE 100 are just plain running scared of Twitter

• Just 16 of the FTSE 100 companies are using Twitter, despite the fact that 20% of Tweets contain a reference to a product or brand

Source: Virgin Media Business (http://ow.ly/1gDTf)

But CIOs could well be the biggest blocker to social media adoption

• 54% of CIOs prohibit use of social networking sites, such as Facebook, MySpace and Twitter, while at work

Source: Robert Half Technology (http://rht.mediaroom.com/index.php?s=131&item=790)

Use of social media by B2B companies is validated by B2B buyer perspectives

• 93% of business buyers believe all companies should have a presence in social media
• 85% believe companies should not just present information via social media, but use it to interact and become more engaged with them

Source: Cone Inc – Social Media in business (http://ow.ly/1dLqJ)

And that’s because the B2B buying process is fundamentally changing

• 9 out of 10 buyers say that when they’re ready to buy, they’ll find you

Source: DemandGen Report

• Over 70% of purchases are restricted to established vendors or are heavily dependent on Word of Mouth recommendations

Source: Buyersphere ebook, Enquiro (http://ow.ly/YbQm)

• More than 8 out of 10 IT decision-makers said word of mouth recommendations are the most important source when making buying decisions

Source: Forrester Research, How to take B2B relationships from Indifferent to Engaged: Jan 2009

• 59% of B2B buyers engaged with peers who addressed their challenge, 48% followed industry conversations on the topic and 37% posted questions on social networking sites looking for suggestions

Source: Genius (http://www.genius.com/marketinggeniusblog/2767/a-glimpse-inside-the-mind-of-the-new-b2b-buyer.html)

Yet there are differing opinions as to where search comes into play in the buy cycle

• 7 out of 10 buyers say that they start their buying process at vendor sites, not Google

Source: DemandGen Report (http://ow.ly/1d82N)

Versus

• 93% of B2B buyers use search to begin the buying process

Source: Marketo (http://bit.ly/9O6pix)

If you think C-level executives aren’t active online, you’re sorely mistaken

• The Internet is the C-Suites top information resource (74% of C-Level executives say it’s very valuable)
• 53% of C-level executives said they prefer to locate information themselves
• The C-suite first turns to mainstream search engines (63%) to locate information
• 6 out of 10 C-Suite executives conduct more than six searches a day
• Executives in IT are the most prevalent users of the Internet for information gathering

Source: Forbes Insight – The Rise of the Digital C-Suite (http://www.forbes.com/forbesinsights/digital_csuite/index.html)

Client marketers are warming to the idea of social media, but many are still to act

• While 92% of client marketers agree that it would be unwise to ignore social media, 63% do not have a social media strategy

Source: The B2B Barometer (http://www.b2bbarometer.co.uk)

The relationship between Marketing and Sales in B2B organisations still remains fractious

• Sales generate 53% of their own leads and marketing contributes just 24%

Source: 2009 CSO Report (http://bit.ly/7EbaHS)

• 90% of marketing deliverables are not used by sales

Source: The New Rules of Sales Enablement (http://tiny.cc/jXRxX)

• 49% of B2B marketers confess to not measuring ROI

Source: The B2B Barometer (http://www.b2bbarometer.co.uk)

And if you still don’t get the whole social media thing, it’s worth bearing in mind…

• 89% of journalists make use of blogs while conducting their online research and 96% turn to corporate websites
• 56% said social media was important or somewhat important for reporting and producing stories

* Note: We have used and abused the above information, as the author insisted. A special thanks for the folks at Earnest Agency.