Over the years I've watched the vacation rental industry become very corporate...
From private equity in suits to property management companies scaling and going public to regulatory battles with lawmakers driven by billion dollar behemoths, to simple pursuits for standardization overriding the soul...
Does becoming corporate just kinda come with the territory of a cottage industry going mainstream?
Or for certain kinds of purpose-driven companies, is becoming corporate a dangerous trap?
Many homerunners, caught up in the race to scale and optimize, get swept up in this trend and lose sight of their biggest differentiator -- being anti-corporate, personal and human.
Ever since I started in the industry back in 2006 I hear the same objection:
"Matt, I don't want to share my name, my face, my family's story, my interests, my background, my phone number...etc. that stuff is PERSONAL!"
And I get it: most of us (when we entered this industry) weren't aware of the intimacy required...the deeply personal human realms we automatically enter when offering a hospitality as a service.
But pretty quickly we find this work is not cookie cutter 9-5...
Answering the phone late at night to make sure a guest gets into her home because the lock isn't working, seeing toddlers grow into teenagers and then young adults as they stay with us year after year, driving a guest to the hospital because she was robbed at knifepoint and shaking, trembling as a solo traveler in her 70s...
This work is deeply personal.
And yet, across the board, vacation rentals brands tend to avoid anything branding that appears too imperfect, quirky, "mom and pop," familial, individualized..because promoting deeply personal aspects in a business just feels weird!
For many, the awkward nature of developing a personal voice is scary!
A good example is what I call talking head video (You can read about examples here and here) -- easily one of the best ways to convey authentic personality and trust to homeowners and guests (and neighbors and lawmakers) and yet something the vast majority of operators won't do because it feels uncomfortable.
OR equally slippery, trying to read a script on camera...something not even the most public figures in the world can pull off naturally.
And here's the main point of this post: as business around the world goes fully digital, the personal brand is the future. And to develop the personalized business brand we must develop a deeper connection with ourselves.
The companies breaking free from the commodity market and truly distinguishing themselves are doing work with personal, human, authentic marketing.
Check out
TomG and his new podcast for the Love of Gatlinburg: Tom has been leading the way with "personal branding" as the CEO of Mt. Laurel Chalets for years with his interactive Facebook live sessions.
Or
Robin and his Sea to Summit video series introducing themselves and their story in deeply personal ways.
Who else has examples?
The personal brand IS the professional brand when developed with the right alignment, when it conveys the ideas you genuinely believe, the problems you deal with and the solutions you invent, the real-life discoveries you're making, the controversial perspectives on things you hold dear...the personal brand is no longer something that can sit in the background...it's something we need to excavate now more than ever before.
Personal, human, one-of-a-kind brands hold all the power in commodity markets...this is how we stand out from the crowd.
Recognizing that this may be uncomfortable new territory, Some Questions For Discussion...
- What personal branding efforts have worked for you? Where do you question this logic?
- How have personal brand initiatives impacted your relationships with customers?
- Is there a line we should draw between business and personal in order to preserve some balance?
- What would it take for your business to become 10x more personal?
From private equity in suits to property management companies scaling and going public to regulatory battles with lawmakers driven by billion dollar behemoths, to simple pursuits for standardization overriding the soul...
Does becoming corporate just kinda come with the territory of a cottage industry going mainstream?
Or for certain kinds of purpose-driven companies, is becoming corporate a dangerous trap?
Many homerunners, caught up in the race to scale and optimize, get swept up in this trend and lose sight of their biggest differentiator -- being anti-corporate, personal and human.
Ever since I started in the industry back in 2006 I hear the same objection:
"Matt, I don't want to share my name, my face, my family's story, my interests, my background, my phone number...etc. that stuff is PERSONAL!"
And I get it: most of us (when we entered this industry) weren't aware of the intimacy required...the deeply personal human realms we automatically enter when offering a hospitality as a service.
But pretty quickly we find this work is not cookie cutter 9-5...
Answering the phone late at night to make sure a guest gets into her home because the lock isn't working, seeing toddlers grow into teenagers and then young adults as they stay with us year after year, driving a guest to the hospital because she was robbed at knifepoint and shaking, trembling as a solo traveler in her 70s...
This work is deeply personal.
And yet, across the board, vacation rentals brands tend to avoid anything branding that appears too imperfect, quirky, "mom and pop," familial, individualized..because promoting deeply personal aspects in a business just feels weird!
For many, the awkward nature of developing a personal voice is scary!
A good example is what I call talking head video (You can read about examples here and here) -- easily one of the best ways to convey authentic personality and trust to homeowners and guests (and neighbors and lawmakers) and yet something the vast majority of operators won't do because it feels uncomfortable.
OR equally slippery, trying to read a script on camera...something not even the most public figures in the world can pull off naturally.
And here's the main point of this post: as business around the world goes fully digital, the personal brand is the future. And to develop the personalized business brand we must develop a deeper connection with ourselves.
The companies breaking free from the commodity market and truly distinguishing themselves are doing work with personal, human, authentic marketing.
Check out
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Or
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Who else has examples?
The personal brand IS the professional brand when developed with the right alignment, when it conveys the ideas you genuinely believe, the problems you deal with and the solutions you invent, the real-life discoveries you're making, the controversial perspectives on things you hold dear...the personal brand is no longer something that can sit in the background...it's something we need to excavate now more than ever before.
Personal, human, one-of-a-kind brands hold all the power in commodity markets...this is how we stand out from the crowd.
Recognizing that this may be uncomfortable new territory, Some Questions For Discussion...
- What personal branding efforts have worked for you? Where do you question this logic?
- How have personal brand initiatives impacted your relationships with customers?
- Is there a line we should draw between business and personal in order to preserve some balance?
- What would it take for your business to become 10x more personal?
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