I had a meeting yesterday with a brand manager working on a billion dollar business.
As the meeting started, we exchanged pleasantries, but it was obvious he wanted to get to it quickly…which I understand…brand managers are busy. I thanked him for his time and asked him, “So I am curious, what was that I wrote in my email to you (which was unsolicited by the way) that made you want to meet with me? After all, your most valuable asset is your time.”
He paused and said, “I believe that your company can help me connect with my target consumer in a new way, and I know that my CMO is challenging me to think in that fashion”
Ok, so we now know what would be one of the most important things for him to achieve. Next question.
“That makes sense. Thank you. In addition, what are your primary objectives for this launch?”
His answer was among the most complete I have ever received.
“Good question. Thanks for asking. My plan is to utilize the three primary drivers of growth all at once. They are:
1. To bring new users into the franchise
2. To get current users to buy more during each occasion
3. To get current users to buy on more occasions”
I thought about that for quite a while and I can’t think of another driver of growth that doesn’t fit into those three buckets.
Late last night I emailed him, thanked him for his time, committed to get back within 24 hours and said, “Well done”. This launch will be a success.
