- Peter Drucker
If you don't believe that is true, read this article on The Onion and tell me if you don't find yourself sadly relating.
Now, if only I could make sure Kwiry sent those text reminders to a real assistant would would go pick up the dry cleaning, download the song, or buy the gift. Then it would be perfect!
I guess I have some work to do...this personal branding thing could be a full-time job!
In Portland there is a tile-lined tunnel leading out of downtown where exhaust grime collects. Often there will be "graffiti" on the wall that isn't graffiti at all, but rather someone writing a message by writing in the grime. Things like "Happy Birthday, Brittney" are common. It is a variation of "Wash Me" written on a dirty back windshield.
Now someone is making a business of this. Street Advertising Services uses high-pressure cleaning machines to wash advertisements and logos onto dirty pavements using a client-specified stencil.
The idea was born from a frustration of the founder of trying to find an inexpensive way to advertise in London. The company operates mainly in the UK, but it is open to projects elsewhere. This would be the easiest business to start. I expect it to take off in other markets.
Look for an ad in a tunnel near you!
P.S. Beyond advertising, why not sell standard stencils of reindeer to people for their driveways to deck them out for the holiday season?
- Most goods and services are bought with cash (or the promise of cash, but that is a different post). Even those bought through barter arrangements often use the cash value as a medium for setting fair exchange rates.
- That cash could be used to buy any other good or service. Something marketers know as indirect or alternative competition. This is even more pronounced today than ever before because every local purchase is now competiting for resources with every purchase that can be made online.
- Cash is a commodity. It is ubiquitous. It has primary and secondary markets built around it. You can track its value (in terms of buying power) in a whole host of syndicated reports. The business of moving cash has hundreds of competitors.
- Because you buy with cash and cash is a commodity, then every good that you purchase ultimately competes against any other good and thus is a commodity.
So, the role of corporate strategy (and of course marketing and advertising, as Hugh Macleod's cartoon posted here so aptly describes) is to fight the gravity of commodification with its opposite...differentiation.
But rather than starting from a baseline of differentiation (and fighting the slippery slope downmarket), why not embrace the slippery slope? And challenge your organization to think about what makes a commodity successful? A simple selling proposition. Clean channels of distribution. A high-quality product that doesn't require a lot of post-sales support. A lean organization focused on taking cost out of the system.
Then from there, the business can decide how it wants to differentiate. Generally, this is accomplishing by competiting on more than a single commodity category. IKEA doesn't only distribute Swedish fiberboard, but also markets high-style Scandanavian design. Ferrari sells the ability to get from point A to point B, and style, and the ability to beat someone off the line.
Shifting gears a bit, as I often do, I wonder if a similar set-up would work for other occassions.
As a parent to young children, I could see setting up a website to commemorate a baby's one year old birthday, allowing people to leave their well-wishes, photographs, and the like. It could live on in the form of a website, and perhaps the template could also feed a print-on-demand scrapbook to help commemorate the day!
In fact, the book could become part of the event it is commemorating, in the case of a wedding. The guest comments, stories, and advice submitted before the wedding, engagement photos, and the like could be combined with a guest book for the big day!