When an entire business can get galvanized on the core values of their stories, they are capable of becoming much more cohesive, operate much more efficiently and concentrate on the core values of customers (Kim, Morris, Swait, 2008). This is all possible because the story core values and concepts attract only those prospects and customers who have comparable values that align. Mr. Godin alludes to how this strategy is responsible for how fan bases are created and sustain themselves over time, and shows how a brand can become multigenerational as well.
The book also convincingly shows how trust and credibility are the new currency in customer relationships. This is prescient to the exponential growth of social networking and the rise of Facebook, Twitter and the many variations of social media channels marketers rely on today to tell their stories to prospects. Godin says that for a story to resonate with prospects and customers, it must have a very strong level of authenticity, transparency and provide affirmation of shared values through examples. To the extent a story can resonate and be relevant on these levels with customers is the extent to which it will be remembered and acted on. The more credible a story the more it embodies these values, according to Godin.
The trust factor is one that the book has its most paradoxical points on however. While the title practically invites the unethical and unscrupulous nature of marketing to be promoted, in fact the book serves in many parts as a manifesto for completely changing an organization's structure to make it completely consistent with the story being told. This is the greatest dichotomy of the book. On the one hand Godin is saying that the better the story told, the more enticing and alluring to a customer, to more effective marketing is. While this has all the makings of a fraud investigation, Godin is quick to point out that only by translating stories into realities fast within a business can real marketing me made effective. This is a very dangerous strategy in a small business if it is practiced too often. The real message of this is that within the boundaries of trust with customers, there is the opportunity to position products based on their uniqueness and value. In the case of services-business businesses, it is the experience over the basic utilitarian functionality or value of getting on an airplane to go from one point to another (Bigne-Alcaniz, Curras-Perez, Sanchez-Garcia, 2009). Godin touches only the high points of these areas of treading on the boundaries of customers' trust and instead decides to show through example how creative companies can be in constructing stories to entice entirely new audiences and segments.
Godin gets right to the point of defining the value of credibility and trust as a platform building real stories that resonate with passion, yet does not deliver on that potential direction of this book. Instead he keeps this book at the story-telling level and loses out on an opportunity to show the value of authenticity and trust across a company., He makes mention of this but it would have been far more intriguing and interesting to see how Godin perceives entire business models being redefined on this attribute. Instead, he leaves the definition of this platform to the reader, and no doubt there is much confusion about how to translate story strengths into trust and on to purchasing. As part of this framework, which has only been partially defined in the book, Godin could have also defined a more effective approach to managing the upper and lower funnels of a sales strategy for businesses as well.
This is the greatest weakness in the book; there is no tie-back of stories to the selling strategies and loyalty of customers over time. The book tends to float at such a conceptual level that getting to these pragmatic and critical aspects to drive profitability are elusive (Nudo, 2005). The book leaves the reader...
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