Showing posts with label best and worst company practices. Show all posts
Showing posts with label best and worst company practices. Show all posts

Friday, January 3, 2014

No Soup for You - Does My B2B Company Really Suck This Much?



Recently I was looking for a few new ways to give my printing company a little social media boost and I ran across a small company that has created a full-service social media management solution, Main Street Hub. After visiting one of their landing pages, I submitted my information to their online form requesting a free social media assessment. A few days later they sent me back an email thanking me for my interest but letting me know that it doesn't seem like my business is one that they can service. Instead, Main Street Hub solely focuses on providing their social media management solution to local, brick and mortar retail businesses.  Overall the email was cordial, but at the end I was left with the same problem I started with, how can I improve my social media marketing efforts?

I applaud Main Street Hub for knowing who they are. There is something to be said for creating a niche and getting really, really good at that type of business. We could all be so fortunate to be in a position where our business was growing so fast we can pick and choose our clientele. They simply believe they can't service me or choose not to because I don't fit their ideal customer mold. I get it, I'm not in a business-to-consumer (B2C) industry and I can certainly tell you from experience, it's not exactly easy to engage with customers through social media as a printing company. It's a hard problem to solve. But when I look at this email, all my mind sees is opportunity. What if there was an expert who understood exactly how to help me with my type of business? Chances are there are a few brave soles like this out there but I just haven't found them yet. But that is something I'd certainly be willing to pay good money for!

I know a lot of business owners might be familiar with this type of rejection, especially those with business-to-business (B2B) companies. And when you look at all the marketing resources available out there, it seems a majority of ideas and solutions are created with B2C businesses in mind. In fact, it is extremely rare to pick up just about any marketing book off the shelf and find that many examples of brilliant marketing strategies implemented by B2B companies. Why? For one it's harder but two, it's probably because it's boring content as well. No one wants to hear about marketing strategies of the Dunder Mifflins of the world! Instead they'd rather focus on some cool new digital campaign by Zappos. And while it makes sense to me that a brand like Zappos would bring more social currency and buzz with it, as they have a significantly larger customer base than your average B2B, what doesn't make sense is why so many marketers avoid the challenge of solving problems for B2B companies. B2B or B2C, money is still money. After all, a recent article in the October 2013 issue of Inc Magazine pointed out while promoting the benefits of investing in B2B start-ups, "They are really good at making money." Call me crazy, but a company with solid cash flow probably has a few extra dollars to spend on marketing.

I know my printing and marketing company solves problems for just as many B2B outfits as we do for our B2C clients. As a B2B company ourselves, it seems only natural that we should help our own kind. But the true irony of the message I received from Main Street Hub is I bet they are extremely good at B2B marketing and would actually be the perfect company to help my business! After all, they got me to their site through the use of good PR and well placed banner ads, they got me to download an informative white paper from their cleanly-designed landing page, they offer good content and they subscribed me to their email list. Not to mention they have over 3,000 likes on Facebook. Not bad for a small B2B company. So if they are going to go to the trouble of collecting all these leads from B2B companies, do something with them!! Heck sell these leads to me, I'll find a use for them.

My challenge to those reading, if you're a marketing company trying to grow your business, stop ignoring us! Yes, our businesses can be extremely difficult to understand and rather boring but once you get it, you suddenly become an expert in a less competitive landscape. How many other agencies would you be up against who are self proclaimed experts at marketing third-party logistic services for example? Also, while the response rate for B2B marketing efforts may be low at times, the ROI can still be very high as a B2B sale is typically in the thousands of dollars range. While a consumer facing marketing campaign may require a year round investment of both time and resources to generate results a B2B company can sometimes make their year with just one simple deal. I think I'd rather solve the problem of trying to find just that one B2B customer rather than the thousands needed to sustain a B2C.

Friday, October 18, 2013

Google Isn't Perfect and Why You Must Build Your Brand Beyond SEO & Online Marketing

My business depends on the popularity of direct mail. Of course it's no surprise then if I tell you that the past few years have been a little scary with all the popular attention digital marketing has received. What started with simple banner ads and basic Google adword campaigns has morphed into an all encompassing online lead generation strategy where only the strong survive. Those with the resources and smarts to ensure they consistently rank #1 in Google are capturing market share at unprecedented rates never before seen. And is this a fair system? Is trusting the wisdom of Google a fair way to decide the outcome of an economy? 

Today, if your not on page one of Google then you're all but dead to the online world looking for your services. The solution? Hire a really good SEO expert to do a number on your website. But, in doing so you run the risk of segmenting your brand away from potential customers. Take for instance the tale of two banks. Say I'm new to the Tulsa market, so I do a search for "Tulsa banks" in Google. Note - the results of this search were captured on October 14th, 2013 and are subject to change. At the top of this search is F&M Bank, a small local bank with nine Oklahoma locations and three in Dallas. In addition to F&M, four other local banks also reach page one but to my amazement, I have to go to page two to find Bank of Oklahoma (BOK). Not only is BOK the largest local bank in Tulsa, with over 100 Oklahoma locations, it's one of the 50 largest banks in the United States! My eyes must be deceiving me for how could BOK be on page two!?! 

What is it that F&M Bank is doing so well that BOK isn't? Well, maybe not anything. If I tweak my search to "Oklahoma banks", suddenly information about BOK appears but I have to go all the way to page six to see F&M Bank. So is F&M good for Tulsa but not the rest of Oklahoma?  Not at all, but their SEO and content marketing strategy could potentially limit them to these types of results. Because with SEO you have to make choices. And these choices often disqualify you from a key segment of customers you would like to work with.

One of those critical choices F&M Bank has made that influences their Google ranking on certain keywords is with their website title, "F&M Bank | Tulsa - Owasso, OK | Dallas - Fort Worth, TX". By including Tulsa in their title, they are making F&M Bank more relevant to Google in regards to being affiliated with Tulsa. And because Tulsa is a relatively small market, something as little as a title can make a huge deal. But not surprisingly though, they do not show up on page one of a "Dallas banks" search, due to greater competition in a much bigger market (in fact they don't even rank in the top 100 results for "Dallas banks"). So how exactly can F&M expect to grow in the Dallas market when there is little chance they'll ever rank high enough to gain attention via internet search results? Note - the Google algorithm uses hundreds of factors to index and rank web pages with page titles being just one small influential cog in the big machine. To understand other ways you can influence your ranking, consult an SEO specialist or contact me and I'll be happy to give you a starting point.

The reality that F&M Bank and businesses everywhere face is that in order to gain attention and grow, more traditional forms of advertising must be incorporated. The last thing that I would tell you is that SEO isn't important. To the contrary it is extremely important. But, SEO and content marketing is a bit of a zero-sum game typically not effective enough to enable a business to gain all the customers it needs to thrive. And that is exactly the reason why a supposedly old-age business like mine, that offers print and direct mail solutions, can continue to service customers, add value and actually grow our sales in the year 2013.

Every year, billions of advertising dollars are spent with newspapers, billboards, magazines, radio, television, email marketing, word of mouth, POP displays, branding campaigns, messaging campaigns, print ads and of course direct mail. So, for anyone to tell you that print or any of these other forms of advertising are dying, they just aren't educated enough on marketing to realize that all of these continue to generate customers a return on investment. And perhaps the greatest irony of continuing traditional advertising methods is that they typically help you improve the results of your overall SEO and content marketing plan. But because you may then spend less on digital marketing, the fact that going traditional still works is the dirty little truth many SEO marketers just don't want you to know.


Author's note - I'd love to hear from you about what traditional advertising methods work for you. If you are kind enough to comment on this post or share with your network, please give a shout out to your own favorite old school advertising method. #directmail

Monday, February 28, 2011

Pushing Through: Go Daddy

"The temptation to quit will be the greatest just before you are about to succeed."  - Chinese Proverb

The temptation to quit was never more real than for Bob Parsons, the head and founder of The Go Daddy Group, Inc, just a decade ago. In a recent interview with Paul Anderson, writer of 50 Entrepreneurs, Bob Parsons revealed that he almost gave up on Go Daddy back in 1999. While today Go Daddy is the world's largest provider of domain name registrar's, in 1999, shortly after the dot com bubble bursted, they nearly ran out of money and Bob Parsons was left with a decision to either cut his losses or potentially go broke.

Parsons was confronted with the moment of truth so in an effort to sort it all out, he took a vacation to Hawaii to clear his head and make the ultimate decision on the future of his company. Something funny happened to him on that trip. While going through the deepest soul searching imaginable, he met a parking attendant who despite being Parsons age, was absolutely content with what he was doing. This man was happy and he loved his work. At that moment Bob Parsons gained his perspective. Describing the moment, Bob states, "And it hit me.  I said to myself, if this business fails, the worst thing that can happen is I'll be parking cars, right? It was in that moment I decided that I was going to stick with the business no matter what. I was broke before and happy as hell, I could be again, and I didn't need all that money to be happy." Bob stuck with it and within two years, Go Daddy's cash flow situation was much improved and they were well on their way to being the hugely successful company that they are today.

Throughout history, individuals have encountered the same scenario as Bob Parsons - whether to quit and cut their losses or to push on through and potentially accomplish something great. The fear of failure is often so strong that many people give up too early and are hesitant to take their ultimate personal risk. It is human nature to avoid negative and harmful situations so it becomes easier to choose the path of least resistance as opposed to the path might create a better life for you and others.

For Bob Parsons, a Vietnam veteren, he gained internal strength and learned how to overcome personal resistance in war. If you can accept that you might die tomorrow but yet are still able to push on through and do your job, then you are surely mentally equipped to face the prospects of a failing business. For most of us though the idea of losing your job, running a business into the ground or simply failing to achieve what you set out to can be so overwhelming that our mind tells us that it is the worst imaginable outcome.

To overcome this, we need to honestly tell ourselves what the worst thing that can happen truly is. Are you clinging to a job because you fear that you won't succeed doing something else? If so, how hard would it be to get back to the exact same position you are in now if all else fails? You've done it once so it should be easier the second time around.

Alternatively, you may be experiencing failure in what you consider to be your life's dream. Does this mean that you should quit because success seems bleak?  Think about Bob Parsons and ask yourself what is the worst thing that will happen to me if I fail? Can you get a job doing something else and still be happy?

Pushing through and taking risks require that you have a clear understanding of what failure means. For most of us, it doesn't mean your world is going to end. Setbacks are inevitable but the trick is to push through and do what we know in our heart is truly important. The trick is to remind ourselves that we can always park cars and still be happy.

Thursday, February 17, 2011

Sticking to The Main Thing: Better Ingredients, Better Pizza

In a recent interview with Success Magazine (click here to read the article), John Schnatter, founder and CEO of the pizza giant Papa John’s, was quoted as saying “Everything we do, we try to do it just a little bit better, and that costs money. We’re willing to pay up. I bet, on average, our competitors can make a pizza for 2 bucks. That same pizza will cost us $3-plus. But that extra dollar is the thing that makes Papa John’s different, and we think the consumer can tell the difference.”

Papa John’s isn’t in a price race to the bottom either. Rather they are in a race to deliver taste and quality, hence their slogan “better ingredients, better pizza.” And the results speak for themselves as Papa John’s consistently finds itself atop the American Consumer Satisfaction Index among national pizza chains.

Sure Papa John’s may spend millions on advertising and deals with the NFL, however they never lose sight of the fact that it is all about making a good pizza. Papa John’s core values even read as such, “We must keep The Main Thing, The Main Thing. We will consistently deliver a traditional Papa John’s superior-quality pizza.” Good quality pizza continues to be their main thing and they keep laser like focus on it.

While their competitors may push to make their pizza as cheap as possible, Papa John’s realizes that advertising can’t cure bad customer service or a pizza that just doesn’t taste as good. By investing in a better pizza and in better people (P.A.P.A. – People Are Priority Always), Papa John’s wins with its finished product. This customer experience alone is more powerful than all their marketing campaigns combined.

Tuesday, February 8, 2011

Sell Like Groupon

With internet users receiving an average of over 100 emails a day, it is no wonder that so many people are adverse to email advertisements. Advertisements occupy a majority of the emails we receive on a daily basis and even the messages we opt in for and ask to be sent, start to seem like spam after awhile.

Groupon, a deal of the day website, has amazingly been able to flood subscriber inboxes on a daily basis with advertisements that do not come across as spam. When you receive a Groupon, you don't have a clue of what the offer is but the surprise and anticipation associated with the potential discount peeks your daily interest. The reason their offerings are so much more effective than traditional forms of advertisements is that Groupon is in the business of selling ideas. Today the idea might be a deal for a new restaurant that you've never tried while tomorrow it could be for a free additional thirty minutes with the purchase of a massage. Eventually though, one of those ideas is bound to catch your attention and that makes the entire experience worth it.

The idea of the Groupon approach works because over time, it eventually pairs the perfect idea for a particular customer. That idea creates an easy, low risk way for customers to test a business and find out if they are better than the alternatives. It is then up to the business to create a great experience. You have to get them in the door first to have this chance though.

Marketers and sales reps should take this same approach. Stop speaking to your clients about all the potential benefits of your services. Start offering them ideas instead. By advertising, you're hoping to create enough brand recognition that maybe they'll consider you but ads don't promote experiences, ideas do. An idea could be anything from a unique sample of your work to a case study for how you recently helped a client. Whatever your ideas may be though, frequently touching them with fresh new ideas is paramount to the Groupon sales approach.

Just like Groupon, if you offer prospects 50 different ideas, it only take one of those ideas to make them a customer. With this approach, prospects won't feel like you're always trying to sell them something that they might already have or that they don't perceive they need. Instead you are creating a buying atmosphere, one that gives them unique ideas for how they could potentially use your services. They will then perceive your message as hassle free but they won't shut you out from the opportunity to share ideas with them. In essence you are never rejected, only tabled for later when the idea finally arrives that connects them to your business.

Tuesday, February 1, 2011

Book Review - Rework

Rework
by Jason Fried & David Heinemeier Hansson

Rework is a business book that every manager and entrepreneur should read.  It written merely as a collection of thoughts on a variety of topics such as productivity to branding and the result is a book that shows you how to build, run and grow a business.

The wealth of knowledge this book contains should cost a fortune to learn.  I have never read a single business book in all my years that had more take away value than this particular book.  It is that valuable and there is undoubtedly something for everyone.

Trying to summarize the book in a few paragraphs but give you some take away value at the same time is almost impossible so because of that I have assembled a quick summary (these are notes and highlights that I took while reading various chapters that struck me as valuable).

Key points highlighted and summarized:


Learning from mistakes is overrated - when something fails, yes you learn what not to do again but what do you really learn to do?  Instead, success shows you what actually does work, something repeatable that you can do again.


Be careful of longterm plans as they are merely guesses - it is okay to wing it and decide what you are going to do now as opposed to getting stuck making choices just because that is the plan you set for yourself.  Long term plans stifle improvisation.  They are important but when making choices, you usually have the best info at the time you are doing something, not when you are planning to do something.


Be mindful of workaholism - working for work's sake.  Working more hours doesn't mean you care more or get more done, it just means you work more. Workaholics cause problems because they like working hours as a badge of honor but they also tend to not get work done efficiently as a result. They claim to be perfectionists but this is a result of focusing on inconsequential details.  They make others feel bad for working less hours even if those other people just find ways to get their work done faster. 


Scratch your own itch - the easier way to make a great product or service is to create something you need. When you solve your own problems you know exactly what the right answer is as opposed to the uncertainty associated with fixating on someone else's problem and trying to fill a need that may not even exist.


If you have a big idea make it and act on it. Try to sell it and don't sit around on it.  The faster you move through ideas the closer you are to finding the one that really is great. 


Draw a line in the sand - stand for something. Have a point of view and know what you're willing to fight for. When you know exactly what you believe in, the choice is clear for customers. They will love or hate you but there will be no in-between.


You need less than you think - there is nothing wrong with being frugal and committing less people, money or resources to work.  If you stop to think about each decision like this you can probably get by with a lot less.


Embrace constraints - working with less forces you to be creative and get by with what you've got. Constraints force creativity and problem solving.


Start at the epicenter - the key thing that drives your business. To find the epicenter ask yourself, "If I took this away would the product still exist?" All the other stuff you do depends on the foundation.


Commit to making decisions. Decide and move forward.  Don't wait for the perfect solution.


Be a curator - decide what stays and what goes and eliminate until you are down to the bare essentials. Constantly look for things to remove, simplify and streamline.


Throw less at the problem - cutback and trim the fat. Improve upon what is left.


Focus on what won't change - the core of your business should be this and not the next new sexy thing. Permanent stays while fashion fades. Invest in that.


Meetings can be toxic - if you must meet have a clear agenda, set a timer and begin with a specific problem. Meet at site of problem instead of conference room and point to real things with real examples End with a solution and appoint a person responsible for implementation.


Long to do lists don't get done. Prioritize visually and break things down into small and motivationally manageable tasks.


Learn to say no first. Get your priorities straight and say yes and no accordingly.  There is more regret at saying yes than no.  Keep things right for you and your product.


Let your customers outgrow you. Just because some of your customers have to change doesn't mean you have to compromise your business. Changing your business just to satisfy one or two customers can make you too tailored to them and not a good fit for anyone else. Then when that big customer leaves you, your stuck.


Don't act on great new ideas on impulse. Let them cool and come back to them in a few days and evaluate their importance with a calm mind.


Make great products not ones that just seem great. Buyer remorse occurs when something seems better at the store than it actually is once you get it home.  That doesn't create longterm relationships. Great at home products get talked about.


Build an audience. Audiences give you a platform to share value driven information.  They listen when you need them too. Quit trying to reach everyone.


Out teach your competition. Tips, case studies and tools that educate them are key.


Be like chefs. All great chefs have cookbooks that show all their trade secrets, recipes and tips. Show people how you do things. No one is going to steal your recipes and beat you at your own game.


Go behind the scenes of your business. People love seeing how things work. They want to see how things are built. They will grow a deeper level of appreciation for what you do.


Be genuine.  Imperfections show the soul and art of your work.


Press releases are like spam. Instead of shooting out generic messages to everyone, make it personal to the person you want to reach.  Call, write a note, make it real.


Overnight success is a myth. It takes years of grinding through the work to get noticed. Slowly build an audience instead and get people interested in what you have to say.


Company culture is a byproduct of consistent behavior. You can't force it, you just create it overtime by encouraging particular types of behavior.


Great environments show respect for the people who work and how they work.  Give people the tools, trust and responsibility and they'll wow you.


When you treat people like children you get children's work. When people have to ask permission for everything you create a culture of non thinkers and a no trust environment. Policing costs time and money and kills trust.


Make people work smarter not for longer.  If you want something done, ask the busiest person. Send people home at five. Your goal shouldn't be more hours but better hours.


Don't scar the first cut. Policies born to correct rare mistakes just create complex and inefficient bureaucracies. Only create new procedures, rules and policies to attack common situations that often reoccur.


Write conversationally in business. Read it out loud and ask yourself if you were saying this verbally would it sound normal?


Inspiration is perishable. If you are inspired to do something today or ready tackle a new idea then do it because the drive, inspiration and motivation might not come again. 

Tuesday, January 25, 2011

Arrested Development: When Great Ideas Go Unnoticed

Arrested Development was a television sitcom created by Mitchell Hurwitz that aired on FOX between 2003 and 2006. In 2006, the FOX Broadcasting Company cancelled the show much the chagrin of their fan base. Despite the show's raving reviews (listed in 2007 as one of Time magazines "100 Best TV Shows of All-TIME") and multiple awards (six Emmy's & one Golden Globe), "the story about a wealthy family who lost everything, and the one son who had no choice but to keep them all together" never obtained the viewership and ratings it needed to be a hit.

There are a number of theories as to why the show never took off, some of which include blaming FOX for constantly shuffling their time slot and not marketing the show well enough. While there may be some truth to those claims, the simple fact is that FOX did a poor job of bringing Arrested Development to their true raving fans, the ones that would spread the message and genius of the show far and wide.

Arrested Development was an intelligent comedy that had themes well beyond just the dysfunctional family dynamic. To succeed the show needed to find intelligent people. But the people who actually connected with the intelligent humor of the show were watching less TV than the average American. This created a dilemma that the show wasn't able to overcome (at least not back in 2006). Great ideas fail everyday for this exact same reason. When you are trying to win over an audience that is in a completely different arena from the one your game is being played, you are doomed to fail.

What FOX should have done was bring the show to its true fans and not wait for people to start noticing. The fans the show needed did in fact consume media (TV and the Internet) they just weren't consuming FOX. Their potential fans were however taking in plenty of the The Daily Show, but unlike Arrested Development, they were able to watch The Daily Show reruns straight from their computers on comedycentral.com.

It's not fair to completely blame FOX though for the shows failings when much is due to just poor and unlucky timing. Take for instance the fact that the show is about a rich and corrupt family's fall from the prominence of corporate America. A story of corruption like this works much better with today's business climate of bank bailouts, lavish CEO compensation and billion dollar Ponzi schemes.

The show would also do better in today's world because of the increased use of the Internet. Hulu, Netflix, OnDemand services and network websites, make it much easier now for a show to be accessed by their true raving fans. On top of that, by adding social media sites such as Facebook and Twitter to the picture, you then give them a platform to communicate with you, spread the word and quite literally "become a fan" of Arrested Development. Simply stated, the Internet has become the ultimate platform for great ideas to spread.

The cancellation of Arrested Development teaches us that while timing is an important factor in the success or failure of an idea, you still have to find your true fans in order for your great idea to spread. However, if your fans are somewhere you are not, then stop and go to them.

Tuesday, January 18, 2011

Company Highlight - Chick-fil-A: Keeping it Simple with Chicken and Great Service

Photo from Flickr by _rockinfree

If you are a frequenter of fast food establishments, you've probably noticed an increased presence and growing popularity for the franchise Chick-fil-A.  Chick-fil-A, a chicken focused chain, has not only become a popular chicken restaurant, they have become the best drive through in America. QSR Magazine's annual Drive-Thru Performance Study has consistently, year after year, recognized Chick-fil-A as the best of all drive-thru's as they continue to exemplify outstanding customer service and a great product.

While Chick-fil-A does its fair share of charity work to get involved in local communities, they also do a great job of sticking to what made them great in the first place. The simple idea, to focus on making your product better, is a recipe for success that any business can follow.  Their goal is to make great tasting food, primarily chicken and to consistently demonstrate and improve upon their exemplary customer service. In fact, each and every year the company spends millions on improving their service instead of dumping it all on expensive ad campaigns. This commitment to incremental improvements shows in the form of amazing service that gets talked about and word of mouth advertising (free) will always give you the highest return on investment.

Chick-fil-A sticks to what they do by limiting their products to what they are good at. You don't see them frequently and drastically expanding their menu and adding new products that have nothing to do with who they are. Their menu is simple and the underlying focus has always been and continues to be chicken. They even go so far to prove this point that their entire advertising campaign is based on three simple words that perfectly define them - eat more chicken. By choosing these words they fight the intelligent fight and stay away from a chicken chain war with KFC. While this slogan might in fact send potential customers to a major rival in KFC, the amount of customers to be gained from beef focused chains far exceeds any increase in sales that could be gained from customers that are already big fans of chicken. Coke and Pepsi could learn something from this strategy as the number of cola drinks that are consumed each year continues to dwindle yet these two giants have been attacking each other for years instead of competing against coffee, energy drinks, beer or any other non-cola beverage. Chick-fil-A, on the other hand, wins if people simply choose chicken over beef.

Related Links:
http://www.bigisthenewsmall.com/2010/09/20/what-chick-fil-a-can-teach-us-about-success/

Monday, January 10, 2011

New Starbucks Logo Represents a Change in the Company's Focus

Starbucks recently launched a change in their logo to celebrate their 40th anniversary (see the new logo here). Whether you are a fan of the giant coffee chain or not, it seems that Starbucks has lost site of the power of their name.

By removing their name from the logo, they are removing the most important part of their business, their brand. For Starbucks, their brand is completely represented in their name. Maybe for a company like Nike, who specializes in a number of sports related products, the swoosh is all you need because when you think of Nike, you no longer think about just shoes. However, Starbucks is in the business coffee and their name so powerfully connects to the idea of coffee, that removing it from the logo doesn't make sense from a branding standpoint. Perhaps if Starbucks goal is to expand their services to the point that the company is not primarily associated with coffee anymore, then this is a great decision (Starbucks mulling wine, cheese move). If their goal though is to merely show a fresh look, not some complete shift in their businesses focus, then removing their name could be a disaster.

There is nothing wrong with a logo change. The reality is brands get stale. The mistake is found with removing your name from a logo, when your name is the product itself. Think about Coca-Cola. They have undergone numerous logo changes but they remain the superior soft drink company. Despite the many graphical changes in the Coca-Cola logo (see the Coca-Cola logo throughout the years), the one thing that has remained constant in the logo is the name Coca-Cola. This is because their name is the product, Coke, which is synonymous with a cola drink. Just as a Rolex is an expensive watch, a Kleenex is a tissue and Campbell's is soup, to many people Starbucks is coffee.

When you go to Starbucks, you may be thinking ahead of time that you want a Caramel Machiatto, but you are also thinking that you want a Starbucks. This holds true, despite the many types of drinks available at the store. When your name almost becomes the thing itself you have a powerful brand. By removing it from the product, they are saying Starbucks isn't coffee rather a company that just happens to sell coffee among other things. That is apparent as the number of products you can buy at Starbucks seems to increase every year to the point where they have over extended their brand. Starbucks seems to be on a mission to be the cafe that sells everything, not just the few things they are good at that make them who they are. This logo change is just another move by a company that from a branding standpoint, appears to be getting out of the coffee business.