Why Masterchef works

Masterchef has truly been a phenomenon in Australia over the past 2 seasons. A ratings boon which is rare in our fragmented media environment. In fact it was watched by an average 3.54 million, up from 3.29 million last year. This makes it the most watched non sporting event in Australian history. It’s not hard to find a Masterchef fan, but not being one I was curious what all the fuss was about so I endured a few episodes. I didn’t catch the bug and so asked some colleagues why they believe (from an advertising, marketing and media perspective) it did so well. The best description I got was from Paul Gardner who summarised it as follows:

He said there has been three distinct phases in the evolution of reality TV.

1. Hoons & Havoc. Lock up a group of  highly charged youths in a house filled with alcohol and sexualy energy and see what happens. Think Big Brother.
2. The Challenge. Take a group of normal people outside of their comfort zone to compete in a Spartan like fashion.  See what behaviour humans will stoop to in order to win and prove superiority. An observation of social interaction at a draconian level. Think Survivor.
3. Denied Talent. Take a group of people who have some genuine flair for something, who have not been given the chance (for whatever reason) to display their talent. Give the competitors potential for a new start, to chance become entrepreneurs. Make the show inclusive, yet competitive. Add a sense of collaboration and educational good for all. Build a result into the show which isn’t purely financial but provides recognition and a new direction. Overall, make it represent the values of a modern civilised society. This is what Masterchef has done.


The thing that’s really impressive about Masterchef from a marketing perspective is that they took the well worn genre of ‘cooking’ understood the important nuances of human behaviour and made it something much bigger than anyone ever expected.

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Stripped back

If you live in a western urban environs you’ve seen lots of bicycles of the ilk displayed below:

The single speed, fixed gear, mono color racer with white wall tires. Very hip, very now. But why?

It’s classic one downsmanship. In a world where people strive to have more, where increasing wealth has given many of us everything, the trend of tomorrow is diametrically opposed. The more of tomorrow, isn’t stuff, or consumption, rather experience, artistry and simplicity – the luxury of a stripped back existence. We often see these trends early in what may be considered the trivial, like bicycles. The trend will run much deeper than this.

Leading edge urbanites riding such bicycles (they are too cool for me) are showing the world they are more, but publicly displaying they can live with less. It’s a classic display of confidence.  By wanting less, they are showing the world that they are more. Conspicuous consumption has been a preferred method for people displaying self worth for most of the Post world war 2 era. But I really think that this is another example we’ve turned the corner.

The question for entrepreneurs is this: What category or business is waiting to be striped back by you?

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Incentives

Financial incentives are only useful insofar as they help people fulfill their physical and emotional needs.

Great marketers and entrepreneurs are able to circumvent the financial bridge and help people with these deep seeded human needs directly.

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The best business phrase ever – update

Incentives shape behaviour.

It’s true of all people, at all times. It’s deeply coded in our DNA, and unlikely to change anytime soon.here’s some thought starters on the depth of the phrase.

Incentives: are not necessarily monetary, rather ideas which will improve the perceived situation of the decision maker.

Shape: for things to be shaped it takes time, they must be moulded, caressed, developed and iterated.

Behaviour: is action related. It is about what people do, not what they think about or like, it’s about motion.

Whenever I make a decision as a marketer and an entrepreneur I think deeply about these 3 words.

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