Thursday, July 30, 2009
Summer Reads
Tuesday, July 28, 2009
What are you waiting for?
Monday, July 6, 2009
Are you a risk taker or avoider?
If you Google the question, “Are you a risk taker?”, you’ll get a variety of subject matter. The number one result, as defined by Psychology Today jumps into risk-taking personalities that drink and drive, gamble and sleep with strangers. Hmmm… not really what I had in mind. I was thinking more in terms of business risk.
As a business owner who purchased commercial property just prior to the start of our current recession, I often wonder if the risk was worth it. I believe it was. It was a calculated risk, based on our company’s history and goals, as well as our ability and agility. We adapt to meet the evolving technologies of today and the changing needs of our clients.
Today, current and new clients are turning to us for complex database-driven websites, intranets and increasingly innovative marketing solutions. Very different than what we offered when we first opened our doors 16 years ago. Expectations and technologies have changed even in the last few years. Heck, they’ve changed in just the last few minutes.
I see other businesses – both locally and nationally – that have also taken reasonable risks to move their businesses forward. And yet, there are others so paralyzed by the fear of stepping out of their comfort zones that they are now risking failure by inaction. I guess it comes down to this – do you take the shot or just hold the ball?
Think about those who have taken risks – and succeeded. Albert Einstein. Rosa Parks. Donald Trump. Amelia Earhart. Walt Disney.
They each had a vision. Something they were fighting for. Sometimes they failed. But they each took risks. And they paid off.
So … will you take a risk today?
Put it here!
Product placement is an ever-evolving venue for advertising as marketers fight for every minute of screen time. While it may seem coincidental, those branded props have often been very precisely put into a TV or movie set – sometimes at a hefty price.
ER fans may have noticed several characters brandishing about their iPhones near the end of the series, while Mac laptops have appeared in TV shows and movies galore. Apple has stated it doesn’t pay for product placement but does sometimes barter for services. In some circles, they’re known as the “master of free product placement.” According to the MarketingApple blog, Apple requires that their products not be used for negative gains – typically you’ll find the good guy using a Mac, iPod or other Apple device.
Lights, Camera, Action
According to “I Can Make Your Product a Star” in Business Week, some brands hire shops like Propaganda to get their items integrated into a motion picture. Propaganda’s owner, Ruben Igielko-Herrlich explains the subtleties of product placement, “It if looks like a billboard, no one will notice it.”
The BW article goes on to say that LG agreed to spend $10 million to help market the latest Transformers movie and get its cell phone into the film. This isn’t a new concept – just a costlier one in recent years.
Flash back to 1982. Steven Spielberg originally approached Mars with the idea of product placement of M&Ms in his upcoming movie, E.T. the Extra-Terrestrial. Mars declined. Spielberg approached the Hershey Chocolate Company, who turned down the idea of their flagship product Hershey’s Kisses but chose Reese’s Pieces instead. Immediately after the movie was released, sales of Reese’s Pieces increased by 65%. (Source: Wikipedia.)
The next time you’re watching a movie or TV show and your favorite character sips a Coke, caresses his Ferrari’s steering wheel or punches in a phone number on his Blackberry, stop and think… How much did it cost to put that product in his hand?