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Purple Cow Transform Your Business by Being Remarkable..  Seth Godin
油
The Purple Cow While a  Black and White  cow might be interesting after seeing hundreds in field after field you stop to notice them If you saw a  Purple Cow  that would be interesting and you would notice and probably talk about it .....................  because it is different and  Remarkable   Something Remarkable is worth talking about ...........  new, exceptional, interesting (more of the same is just invisible)
The Changing Consumer TV- Industrial Era Consumer Consumer demand influenced by heavyweight  big budget  advertising Average products   generate demand through advertising Post-Consumption Consumer Consumers  dont really need  a whole pile Savvy  consumers Attention span  of satisfied consumers is less To be noticed products  must be Remarkable  products
Product Cycle Innovators Early Adopters Laggards Challenge is to progress through the cycle Early & Late Majority
Advertising? It  was easier  to reach people before The key was to drive products into the key volume stage of the product cycle The ideal was to trigger the  idea virus  Less media\interests than now It is now easier to switch channel now People  need less  low  needs are satisfied Poor  attention  span Not working now as it did before
TV Industrial Age Before Ordinary Products Advertise to anyone Fear of failure Long product cycles Small Changes After Remarkable Products Advertise to Adopters Fear of fear Short\medium cycles Big Changes
Its Safer to be Risky .... By being remarkable you will stand out , being safe does not achieve this Advertising needs to be remarkable to be noticed You need to engage with your audience in a credible way by creating stories   PR is the perfect vehicle for this
油
Possibilities:  new thinking Instead of improving a product or service to satisfy standard behaviour can we look at a  product for  different  behaviour If your product or service is no longer remarkable reduce investment in it and concentrate on  New Product Development Stand out at every opportunity
Product Cycle Innovators Early Adopters Laggards Challenge is to progress through the cycle Early & Late Majority People who love new products, even who dont need them, adopters would have more needs but willing to spend a premium Need to trust products and will rely on others experimenting 1 st   hard to get to these through advertising
Product Cycle Curve ? Must be remarkable  to attract innovators and early adopters Flexible  enough and  understood  so that innovators\adopters can spread word to the majority Ideas that Spread ,  Win  (Idea Virus = an idea that spreads) Sneezers are the innovators\adopters who are willing to spread the news Would a slogan help them spread the news Target the  relevant niche  is better that targeting the masses
Effect on Advertising Strategy Adverts to the masses is rarely the way to go   no budget will be sufficient  Sniper specifically targeted adverts can be powerful   Google adwords are a key example Advertise to  sneezers  with influence where possible Differentiate your customers Target the profitable sector Those who are the sneezers Design remarkable adverts that will appeal to them
Niche Targeting In a crowded marketplace that it is largely serviced it  may be possible to identify a niche  that is largely un-serviced Develop  a product\service specifically for this niche Market to the niche
The Problem with the Cow Fear  the purple cow is often rare because  there is a fear of being different Being remarkable means it is likely that  many will not like it Standing out  can feel very risky Play it safe Obey the rules Follow the norms Stay within the lines In tough times be  risk averse Avoid criticism
Purple Cows Movies:  Blair Witch Project, My Big Fat Greek Wedding TV:  The Office Media device:  Sky Plus Advertising:  Hunky Dorys Politicians:  Barack Obama Weddings on Line:  Weddingdates.ie  Coffee:  Starbucks Candles:  Jo Malone Hotels:  Cork International Airport  Other ?
Benefits of the Purple Cow Fear has  most playing it safe Fewer Purple Cows  out there ! Fluid  Marketplace Rewards  are greater Milk the Cow   when established Invent  another cow immediately  risk again after  breakthrough
Role of PR Advertising is  no longer reaching the target  audience effectively Innovators and Early Adopters  can be reached effectively through PR Editorial is generally believed  and read more than adverts  multiplier  x 4 Remarkable products  will generate talking points
Purple Cow Process ? No Rules Go for  the Edges Investigate all of them Go for the profitable ones Be  too  expensive\cheap\big\small\spicy\loud \offensive\complicated\simple .....  too something Be Remarkable\outrageous Leave the designers design  (pick the right maverick)  dont hinder or you will get the camel Use sneezers for feedback
Summary Remarkable wins   The Purple Cow Reduced role of  advertising Importance of  innovators & early adopters Importance of  sneezers Make it easy for  sneezers - simplicity Importance of PR How to be remarkable?
Purple Cow: Seth Godin
Cork - (021) 4271234 Dublin  (01)   6336790 www.fuzion.ie
Ad

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Ad

Purple Cow PR Course

  • 1. Purple Cow Transform Your Business by Being Remarkable.. Seth Godin
  • 2.
  • 3. The Purple Cow While a Black and White cow might be interesting after seeing hundreds in field after field you stop to notice them If you saw a Purple Cow that would be interesting and you would notice and probably talk about it ..................... because it is different and Remarkable Something Remarkable is worth talking about ........... new, exceptional, interesting (more of the same is just invisible)
  • 4. The Changing Consumer TV- Industrial Era Consumer Consumer demand influenced by heavyweight big budget advertising Average products generate demand through advertising Post-Consumption Consumer Consumers dont really need a whole pile Savvy consumers Attention span of satisfied consumers is less To be noticed products must be Remarkable products
  • 5. Product Cycle Innovators Early Adopters Laggards Challenge is to progress through the cycle Early & Late Majority
  • 6. Advertising? It was easier to reach people before The key was to drive products into the key volume stage of the product cycle The ideal was to trigger the idea virus Less media\interests than now It is now easier to switch channel now People need less low needs are satisfied Poor attention span Not working now as it did before
  • 7. TV Industrial Age Before Ordinary Products Advertise to anyone Fear of failure Long product cycles Small Changes After Remarkable Products Advertise to Adopters Fear of fear Short\medium cycles Big Changes
  • 8. Its Safer to be Risky .... By being remarkable you will stand out , being safe does not achieve this Advertising needs to be remarkable to be noticed You need to engage with your audience in a credible way by creating stories PR is the perfect vehicle for this
  • 9.
  • 10. Possibilities: new thinking Instead of improving a product or service to satisfy standard behaviour can we look at a product for different behaviour If your product or service is no longer remarkable reduce investment in it and concentrate on New Product Development Stand out at every opportunity
  • 11. Product Cycle Innovators Early Adopters Laggards Challenge is to progress through the cycle Early & Late Majority People who love new products, even who dont need them, adopters would have more needs but willing to spend a premium Need to trust products and will rely on others experimenting 1 st hard to get to these through advertising
  • 12. Product Cycle Curve ? Must be remarkable to attract innovators and early adopters Flexible enough and understood so that innovators\adopters can spread word to the majority Ideas that Spread , Win (Idea Virus = an idea that spreads) Sneezers are the innovators\adopters who are willing to spread the news Would a slogan help them spread the news Target the relevant niche is better that targeting the masses
  • 13. Effect on Advertising Strategy Adverts to the masses is rarely the way to go no budget will be sufficient Sniper specifically targeted adverts can be powerful Google adwords are a key example Advertise to sneezers with influence where possible Differentiate your customers Target the profitable sector Those who are the sneezers Design remarkable adverts that will appeal to them
  • 14. Niche Targeting In a crowded marketplace that it is largely serviced it may be possible to identify a niche that is largely un-serviced Develop a product\service specifically for this niche Market to the niche
  • 15. The Problem with the Cow Fear the purple cow is often rare because there is a fear of being different Being remarkable means it is likely that many will not like it Standing out can feel very risky Play it safe Obey the rules Follow the norms Stay within the lines In tough times be risk averse Avoid criticism
  • 16. Purple Cows Movies: Blair Witch Project, My Big Fat Greek Wedding TV: The Office Media device: Sky Plus Advertising: Hunky Dorys Politicians: Barack Obama Weddings on Line: Weddingdates.ie Coffee: Starbucks Candles: Jo Malone Hotels: Cork International Airport Other ?
  • 17. Benefits of the Purple Cow Fear has most playing it safe Fewer Purple Cows out there ! Fluid Marketplace Rewards are greater Milk the Cow when established Invent another cow immediately risk again after breakthrough
  • 18. Role of PR Advertising is no longer reaching the target audience effectively Innovators and Early Adopters can be reached effectively through PR Editorial is generally believed and read more than adverts multiplier x 4 Remarkable products will generate talking points
  • 19. Purple Cow Process ? No Rules Go for the Edges Investigate all of them Go for the profitable ones Be too expensive\cheap\big\small\spicy\loud \offensive\complicated\simple ..... too something Be Remarkable\outrageous Leave the designers design (pick the right maverick) dont hinder or you will get the camel Use sneezers for feedback
  • 20. Summary Remarkable wins The Purple Cow Reduced role of advertising Importance of innovators & early adopters Importance of sneezers Make it easy for sneezers - simplicity Importance of PR How to be remarkable?
  • 22. Cork - (021) 4271234 Dublin (01) 6336790 www.fuzion.ie