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A Collection of Business Storytelling Stories

We share a collection of business storytelling articles that offer value. These are both recent and go back a few years but all support the effectiveness of telling the right tale right.

Why Storytelling Will Be the Biggest Business Skill of the Next 5 Years (HubSpot)
“Those who tell the stories rule the world.”

The Irresistible Power of Storytelling (Harvard Business Review)
A Strategic Business Tool.

Why Companies Need More Novelists (Fast Company)
Leaders, take note (and MFA grads, take heart): acclaimed novelist Mohsin Hamid on the most quote-Tim-OBrien-storytelling-is-the-essential-human-activity-the-135637important tool you’re not using enough.

Product Narrative: How to Use Fiction to Get Your Story Straight (Inc. Magazine)
David Riemer of the Haas School of Business explains why story telling is so powerful.

The Inside Story (Psychology Today)
Success in the information age demands that we harness the hidden power of stories. Here’s what you need to know to tell a killer tale.

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Where Brands Compete: Small Gestures, Meaningful Flourishes

If you are a professional marketer or a savvy consumer, you will recognize these maxims:

  • A brand is the sum of your experiences
  • Everything you do defines your brand
  • A brand is a set of differentiating promises
  • A brand signals a set of expectations
  • What you promise must be delivered

So you get it. A brand is a system. The parts must work together consistently. This theory is based on human behavior. Brand theory is specifically built upon two things. You have a longstanding and fulfilling relationship with a brand because it represents who you are and there is trust.

Think of this in terms of a close human relationship. Our dearest friends have Brands-are-People-Featurebeen there when we needed them, offered sound advice, and supported and subtly steered our choices. They have done this over time and we have done the same for them. It is healthy, reciprocal and emotional.

Once again, none of this is too shocking. We know this intuitively and in theory but there is one thing we may not always recognize when it comes to relationships and to branding. We tend to remember the big events and experiences. That can be a friend who saw us through a breakup or a brand that outperformed our expectations. The big stuff always stands out.

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Marketing’s New Myopia

The marketing and advertising world is full of lore. These stories often take on a life on their own and grow with each telling. Many revolve around famous campaigns. DDB’s 1960’s ad, “Daisy”, has been given credit for helping Lyndon B. Johnson defeat Barry Goldwater. It also landed Maxwell Dane, a partner in the agency, on Richard Nixon’s infamous “Enemies List”. This political ad, like the “I Love New York” cam paign have many claiming outright authorship or at least participation i-love-ny-t-shirt-whiteon the team.

New York’s iconic tag line is often attributed to Milton Glaser who is said to have creatively borrowed and built upon the idea from a Montreal radio station. It turns out that CJAD Montreal’s campaign titled “Montreal, the city with a heart” was of great influence and represented the creative spark. Mary Wells of Wells Rich Greene also lays claim in her book to this forty year old, highly successful bit of place branding.

Absolut Vodka made a fairly indistinct bottle one of the most recognizable in the world. The original campaign, which featured print ads showing bottles “in the wild,” was so successful that they continuted for 25 years. It is the longest uninterrupted ad campaign in history and comprises over 1,500 separate ads. When the campaign started, Absolut absolut-vodka-absolut-peak-1207had 2.5% of the vodka market. When it officially ended in the late 2000s, Absolut supplied half of all imported vodka in America.

A few years back while working at Interbrand I heard a grand story about Peter Arnell of the Arnell Group. Both businesses were part of Omnicom. Peter was a noted character and larger than life. In fact, he was quite large in stature and took it upon himself later to lose a significant amount of weight. He was also known to be an exceedingly tough boss but most agree he possesses a brilliance for positioning products and services.

This particular story involved a prospective pet food client who was bemoaning the lack of growth in their industry. They presented Peter with undeniable evidence that pet food was a stagnant market. They could at best hope to steal a couple of points from aggressive competitors. Peter’s eyes may have glazed over looking at the pie charts and bar graphs. At this point, he is said to have made a dramatic pronouncement along the lines of, “I know how to double your market and revenue.” Read more

The Welcome Return of McLuhanacy

Professor Marshall McLuhan is a fascinating fellow. His notable ideas: “the medium is the message” and “the global village” continue to inform and to prompt debate regarding their real meaning. Pundits argue that McLuhan predicted the World Wide Web thirty years before it was invented. His ideas covered metamedia, media ecology, figure and ground media, tetrad of media effects, and hot and cool media.

Born in Edmonton, educated in Winnipeg, and notable while a Professor at the University of tumblr_lmoz8xyPe11qais7sToronto, McLuhan passed away in 1980. He was a celebrity intellectual and as The Globe and Mail points out, “For most of the 1960s and part of the 1970s, McLuhan seemed to be everywhere – on radio, in print, in film (most notably with a cameo appearance in Woody Allen’s Annie Hall) and especially on television. The latter, ironically, was a medium he considered pernicious, a certain harbinger of the eventual demise of print culture. He distilled his genius, including phrases that became and remain part of the daily lexicon, such as ‘the medium is the message,’ into sometimes puzzling aphorisms, an early form of the sound byte.”

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Marketing’s Golden Rule

There is evidence that people enjoy a series of articles versus an advertisement. In fact, 70% say content marketing makes them feel closer to the sponsoring company, while 60% believe it helps them make better product decisions (Roper Public Affairs). This has given rise to “content marketing”. According to The Content Marketing Institute it is “an approach focused on creating and distributing valuable, relevant, and consistent content to attract and retain a clearly-defined audience — and, ultimately, to drive profitable customer action.”

What is amazing about content marketing is the impression that it is new. Apparently, content marketing’s purpose is to attract and retain customers by consistently creating and curating relevant and valuable content with the intention of changing or enhancing their behaviour. That has been the intention of good, old plain marketing since mankind first traded.

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Spam’s Last Marketing Frontier

What do you think of when you hear the word “Spam”? And let me clarify that I am talking about the tinned variety. We will get to intrusive communications in due course. For most of Spam’s 78-year history, the product has been disparaged and dismissed as inedible and “Something Posing As Meat” or “Scientifically Processed Animal Matter”. Yet, more than eight billion cans have been sold since Hormel launched the product in 1937.

Americans buy 113 million cans of Spam annually. This means 3.8 cans are consumed every canssecond in the United States. To keep up with demand, the slaughterhouse next to the Hormel plant in Austin, Minnesota butchers 20,000 pigs a day. So how can we reconcile what is bashed so publicly with what is bought in such mass amounts?

Spam was successful out of the gate having grabbed 18% market share in its first year of sales. By 1940, over 70% of Americans had tried Spam which on any measure is incredible. This was largely attributed to an economy still suffering from the Depression and it began Spam’s longstanding association with low-cost and frugality. Sales still spike when times are tough.

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Does Party Plan Marketing Work?

I remember hearing the concept of a “party plan” as a kid and can still feel my face scrunching up in confusion and incomprehension. It must have been in the context of a Tupperware party as that company enjoys an instant connection with the concept. The idea is largely credited to Brownie Wise for devising the actual party plan system of marketing in the 1950’s for Tupperware.

Wise was a former sales representative for Stanley Home Products who then joined Tupperware, and that is where credit for party plan marketing is slightly contested. Stanley Home Products claims on their website that the innovative selling tupperwaremethod is theirs … “this concept was the brainchild of a Stanley dealer, who began giving product demonstrations to clubs and organizations to increase sales volume.”

Regardless of birthright, the concept was a hit because it was premised on the idea that everyone should win. The Stanley approach is described as, “Homemakers would invite small groups of friends to their homes for a product demonstration and light refreshments, and the hostess in turn would receive a gift of choice from the Stanley dealer, who took orders from attendees.”

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Choice & Clutter

The average American supermarket now carries 48,750 items, according to the Food Marketing Institute, more than five times the number in 1975. Britain’s Tesco stocks 91 different shampoos, 93 varieties of toothpaste and 115 of household cleaner.

In addition to the range of choice in even the most basic brand categories, consumers receive over 5,000 media messages a day containing over 100,564 words. So in my opinion, the most important metric in the next ten years will be how many messages consumers choose NOT to see on a daily basis.

We are creating consumers with such thick skins and blinders that messages bounce off them – we are training them to ignore and disengage which is exactly the opposite of our objective.

In response to choice, many brand owners are now taking steps to rationalize their brand portfolios to simplify and reduce cannibalization. According to Sheena Iyengar in The Art of Choosing, Procter & Gamble once thinned its range of Head & Shoulders shampoos from 26 to 15, and sales increased by 10%. Then they slowly began building up the sub-brands again in a non-sensical cycle or ‘more is more’.

Regarding communications clutter, Canadian media maven Marshall McLuhan presciently stated in the 1960’s, “One of the effects of living with electric information is that we live habitually in a state of information overload. There’s always more than you can cope with.”

In the next ten years, we will see cycles of brand proliferation and rationalization with corresponding communication cycles. So the brands that simplify people’s lives and speak honestly will stand a better chance of success than those who do not credit the growing power of the consumer, the stresses they are encountering, and how that will impact their choices.

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