Best Pitch Ever

London Advertising Agency Prima, were pitching for the Ford Motor Co advertising account. This was in the halcyon days of advertising circa 1969.

They decided to do the following:

They dismantled a Ford Escort car. Took it up the stairs piece by piece, part by part and then put it back together in the board room. This was where the pitch was to take place. The people who did this were not mechanics. It was the people who would be working on the Ford account. The creatives and the account managers. The idea was entirely conceived and executed by the people who would be working with Ford on their advertising.

When the Ford people arrived for the pitch. They were flummoxed to say the least. And immediately asked how they got the car in the building?  Given there was no obvious way for the actual car to get in the building, let alone up the stairs!

The pitch then commenced with the Prima advertising team telling the story. Which no doubt included some of the trials and tribulations of dismantling & building a car piece by piece. But more so, showed all the intangibles which ultimately won them the account:

Passion, Ideas, Creativity, work ethic…

And a willingness to stretch themselves as a partner and an understanding of what Ford do, beyond that which any other advertising agency could have.

This is the benchmark. What will your next business pitch look like?

Picasso – 10 minutes & 40 years

A customer came to Pablo Picasso and asked for him to paint her a portrait.

He did so in 10 minutes. And then asked for $20,000 dollars.

The customer was perplexed and said – “But it only took you 10 minutes?”

His response: “It took me 40 years to be able to do that!”

Startups: The price needs to be a function of value created, not the time taken.

Singapore Series – episode 3 – Political correctness

I stumbled upon this car called ‘clinic’ while in Singapore. The bar has a hospital theme. Some of their gimmicks include wheelchairs to sit it, alcoholic drinks served in syringes, drinks served in drips, hospital beds and operating theatre lighting. See below:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

Firstly, I found it very offensive. To me there’s nothing cool about emulating the situation ill people find themselves in while in hospital.   Secondly, I’m certain that such an outlet in the USA, UK or Australia would be lambasted by the community and in the media. Is it different – sure. Is different always good? 

   

The interesting issue is this: What’s unacceptable in one  market, may be fine in another. The world is not a global village. Although we are experiencing convergence on a macro level, at a micro level, opinions and values will always differ.

 

Startups with global ambitions – take heed.

 

Flying under the radar

Flying under the radar – actually has some real meaning. It was once the optimum strategy for a spy plane to fly as high as possible. This was thought the best way to get ‘out of reach’ of enemy and radar. The U2 spy plane did this by flying above 85,000 feet. When one was shot down during the Cuban missile crisis some smart people decided to flip their thinking.

 

 

 

The solution was so obvious in hindsight. Simply fly very low where the terrain blocked radar effectiveness. Underneath the radar!

 

Maybe it’s time to flip your thinking to solve today’s business problem.

 

Technology transfer

Meet Trev.

 

 

Trev is small.

Trev doesn’t like going much faster than 120km per hour.

Trev only fits two people and two bags.

Trev can only travel 150km before he needs a recharge.

But Trev is efficient. He only costs 1.1cents to recharge per kilometer. Trev makes petrol look silly.

 

Here’s the thing. Trev is only possible because of advances in mobile phone battery technology. A classic case of technology transfer. The question entrepreneurs should be asking is what technology can we utilize from industries adjacent to us?

 

You can read more about it here.

Innovation is quite forgiving

All twitter users know that it’s not the most reliable website out there. At the time of this post, it’s currently ‘down’ and gives you the message below:

 

 

2 things:

 

1.      They told us about it before hand.

2.      We forgive it, because we love it.

 

If you’re a ‘me too’, chances are your customers would be less forgiving. If you’re a new killer app, service or widget then the lesson is simple: Innovation is quite forgiving.

 

Launch now – improve later.