People are often surprised when I come out with a tidbit of information that seems so obscure or unlike me. They give a strange look and ask how on earth I knew that. The age old saying ‘know a little about a lot rather that a lot about a little’ is so true. I swear by this saying, not just personally but also professionally.
When you work in an organisation it is so important to know what your competitors are doing or what current trends are. Especially if you are in marketing. Can you imagine if all your competitors had a Facebook presence and you were still trying to figure out what Facebook was? That’s an extreme example but a valid one I think.
It is so important to be on top of current trends. This is especially true if you run your own service based business. Just because you’ve held a client for 10 years doesn’t mean they won’t call you tomorrow and say they’re leaving you for the new agency down the street that’s more edgy and on top of current trends.
It’s not just the mechanics of your business that you should be on top of, it’s all aspects of life. It seems impossible to know absolutely everything and you don’t have to! What I’m saying is if your client is in the electronics industry be aware of what their competitors are developing, where they’re advertising, what sponsorships they’re currently working on. If they’re in the fashion industry know which celebrities are wearing their competitors brand or if there are opportunities for your clients brand to be worn on a red carpet event. Most of the time reading mainstream media will keep you in the know so it’s not really a chore and doesn’t have to take up precious work time. You’ll be surprised what you may discover just by reading a weekly gossip mag!
Just remember: Knowledge is Power!