Wednesday, June 27, 2007

Business Sense

A factory’s marketing manager takes a visiting customer on a tour of a latex products factory.

At the first stop, he's shown the machine that manufactures baby-bottle nipples. The machine makes a loud hiss-pop noise.

"The hiss is the rubber being injected into the mold," explains the marketer. "The popping sound is a needle poking a hole in the end of the nipple."

Later, the tour reaches the part of the factory where condoms are manufactured. The machine makes a noise: "Hiss. Hiss. Hiss. Hiss-pop!"

"Wait a minute!" says the customer. "I understand what the 'hiss, hiss,' is, but what's that 'pop!' every so often?"

"Oh, it's just the same as in the baby-bottle nipple machine," says the guide. "It pokes a hole in every fourth condom."

"Well, that can't be good for the condoms!"

"Yeah, but it's great for the baby-bottle nipple business!"

Thursday, June 14, 2007

The Power of PR

I just finished reading ‘The Fall of Advertising & the Rise of PR’. The title actually is a misnomer. The authors, Al Ries and Laura Ries, are not proposing that advertising is dead and buried. Instead they claim advertising isn’t as powerful as it used to be and should be used more as a support to a well-orchestrated PR plan.

Their theory is simple: Build brands with PR and once it is established maintain it with advertising. They give enough and more case studies of brands that have taken this route: Microsoft, Starbucks, Body Shop, Linux, PlayStation, Viagra etc.,

I would strongly recommend this book to you irrespective of where you are - advertising, marketing or PR. Nicely written, neatly presented with powerful examples…the book could be described with the clichéd word ‘unputdownable’!

And as irony would have it, the next book I just picked up to read (which is still work under progress) is an old classic (all classics are old, right!) - All I Really Need to Know I Learned in Kindergarten by Robert Fulghum. A book that became popular not by advertising but by brilliant PR and word of mouth. The story of its popularity is presented in the front flap cover of the book itself. I quote it verbatim:

All I Really Need to Know I Learned in Kindergarten began as Robert Fulghum’s attempt to write a simple credo. In his capacity as a Unitarian minister, he shared his statement of belief with his congregation and then read it at a primary school celebration. As fate would have it, Washington’s Senator Dan Evans was in the audience. Impressed and touched by what he had heard, he requested a copy of Robert Fulghum’s speech and took it back with him to Washington, D.C., where it was eventually read into the Congressional Record.

All I Really Need to Know I Learned in Kindergarten made its way from Washington to the Kansas City Times, which ran Robert Fulghum’s observations in its Sunday edition. The response was overwhelming.

The snowball of enthusiasm keeps building. Portions of the piece were printed in ‘Dear Abby’ and Reader’s Digest. Paul Harvey and Larry King read it to millions on their radio shows and Southwestern Bell sold hundreds of thousands of copies as a poster to its customers. Robert Fulghum’s simple credo was photocopied, sent to loved ones and posted on bulletin boards at schools throughout the country.

The book went on to sell more than millions around the world. All this and more accomplished without a single shred of advertising!

Sunday, June 03, 2007

Marketers Vs Accountants

Three marketers and three accountants are traveling by train to a conference. At the station, the three accountants each buy tickets and watch as the three marketers buy only a single ticket. "How are three people going to travel on only one ticket?" asks an accountant.

"Watch and you'll see," answers a marketer.

They all board the train. The accountants take their respective seats but all three marketers cram into a restroom and close the door behind them. Shortly after the train has departed, the conductor comes around collecting tickets. He knocks on the restroom door and says, "Ticket, please." The door opens just a crack and a single arm emerges with a ticket in hand. The conductor takes it and moves on.

The accountants saw this and agreed it was quite a clever idea. So after the conference, the accountants decide to copy the marketers on the return trip and save some money (being clever with money, and all that). When they get to the station, they buy a single ticket for the return trip. To their astonishment, the marketers don't buy a ticket at all.

"How are you going to travel without a ticket?" says one perplexed accountant.

"Watch and you'll see," answers a marketer.

When they board the train, the three accountants cram into a restroom and the three marketers cram into another one nearby. The train departs. Shortly afterward, one of the marketers leaves his restroom and walks over to the restroom where the accountants are hiding.

He knocks on the door and says, "Ticket, please."