{"id":191,"date":"2016-11-15T05:40:27","date_gmt":"2016-11-15T05:40:27","guid":{"rendered":"http:\/\/www.jongore.com\/blog\/?p=191"},"modified":"2016-11-15T05:40:27","modified_gmt":"2016-11-15T05:40:27","slug":"success-in-africa","status":"publish","type":"post","link":"https:\/\/www.jongore.com\/blog\/fintech\/success-in-africa\/","title":{"rendered":"SUCCESs in Africa"},"content":{"rendered":"<p>I&#8217;ve just finished <a href=\"http:\/\/www.amazon.com\/Made-Stick-Ideas-Survive-Others\/dp\/1400064287\"> Made to Stick<\/a> by the Heath brothers, and I&#8217;m a big fan of how they&#8217;ve distilled marketing down into several easy to understand steps. Their acronym &#8211; SUCCESs &#8211; stands for Simple, Unexpected, Concrete, Credible, Emotional, and Story. Those words form a template for over 70% of all successful marketing messages. What I particularly like is that they&#8217;ve used stories and messages from across the world, from Estonia to Zambia, and the six step process still works. \u00a0One of the problems I&#8217;ve encountered working in emerging markets over the last 6 years is how to make people remember your message. It&#8217;s something I see big companies fail at all over Africa, especially NGOs and charities. They may be great at simplifying their message to donors, but they don&#8217;t have the same success with the people they are trying to help. \u00a0In the financial tech world, it&#8217;s essential that messages are understood by customers. \u00a0It&#8217;s hard to get a customer to hand over their money to you if you can&#8217;t explain the value proposition to them.<\/p>\n<p>One great story that fits the model the Heath brother&#8217;s discuss is\u00a0M-Pesa, the popular money transfer service by Safaricom in Kenya. \u00a0They started out with a simple, emotional tag line; &#8220;Send Money Home.&#8221; It was simple and concrete, and it got to the core of what M-Pesa was trying to do. It was unexpected, &#8220;Hey why is a MNO helping me send money?&#8221;. It was credible because Safaricom was the biggest MNO in the market. It played on peoples emotions. You no longer had a reason <strong>not<\/strong> to send money back to your mother. And it was a story, it appealed to people&#8217;s self interest. &#8220;Send money <strong>home<\/strong>&#8220;. Who wouldn&#8217;t do that?<\/p>\n<p>That first marketing message probably helped M-Pesa more than they thought. People often assume it&#8217;s their product&#8217;s great features that make customers start using their products. What I&#8217;ve learned from this book though, is that more often it&#8217;s a message. \u00a0The features keep them coming back.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I&#8217;ve just finished Made to Stick by the Heath brothers, and I&#8217;m a big fan of how they&#8217;ve distilled marketing down into several easy to understand steps. Their acronym &#8211; SUCCESs &#8211; stands for Simple, Unexpected, Concrete, Credible, Emotional, and Story. Those words form a template for over 70% of all successful marketing messages. What [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-191","post","type-post","status-publish","format-standard","hentry","category-fintech"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.jongore.com\/blog\/wp-json\/wp\/v2\/posts\/191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jongore.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jongore.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jongore.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jongore.com\/blog\/wp-json\/wp\/v2\/comments?post=191"}],"version-history":[{"count":1,"href":"https:\/\/www.jongore.com\/blog\/wp-json\/wp\/v2\/posts\/191\/revisions"}],"predecessor-version":[{"id":192,"href":"https:\/\/www.jongore.com\/blog\/wp-json\/wp\/v2\/posts\/191\/revisions\/192"}],"wp:attachment":[{"href":"https:\/\/www.jongore.com\/blog\/wp-json\/wp\/v2\/media?parent=191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jongore.com\/blog\/wp-json\/wp\/v2\/categories?post=191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jongore.com\/blog\/wp-json\/wp\/v2\/tags?post=191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}