I’ve spent the bulk of my career managing radio station brands, and in
that capacity I had a front row seat to the rise, and sometimes fall, of some
legendary bands. I worked with the bands and labels to promote new releases,
concerts, and stunts. Through my radio career I also watched other companies
spending literally hundreds of millions of marketing dollars on campaigns that
sometimes worked, and sometimes didn’t. So I came away with a unique
perspective that combines both business and music… my two passions. Combining
them led to the very enjoyable experience of researching and writing the book.
2. Nowadays, social media is becoming a crucial issue
for every company around. What is the most effective social media campaign done
by a band that you have seen in the past couple of years?
One of my favorite social campaigns recently happened virally and very
much on the spot, when Oreo cookies created a meme during the famous Super Bowl
power outage. They created a visual of an Oreo cookie in the dark with the
caption “You can still dunk in the dark”. To me, great social campaigns are
ones that tap into a moment in culture when we all come together. The Super
Bowl is the most watched sporting event in North America, and in that moment
millions of people could relate to a fun and observational moment that Oreo
gave us to share with our friends.
3. In your book you dedicate a very eye-opening
chapter to the value of scarcity. According to you, what are the most
remarkable cases on this sort of “less is more” branding strategy?
As human beings we have an innate scarcity mentality. It is part of our
animal instinct to value what is in short supply. Unfortunately in an effort to
maximize profits, most companies fail to take advantage of that instinct. A
restaurant that always has a line up out the door wants to expand, but forgets
that nothing attracts a crowd like a line up. When getting a table becomes
easy, the restaurant becomes less exclusive and getting in makes you feel less
special. That leads directly to a decrease in perceived value of that table.
The equation to remember is that Demand + Scarcity = Value.
4. Sadly, many musicians die before their time and sometimes
exploiting death seems to be a usual way to boost sales. What do you think of
this “brand by death” way of do marketing? Is there any company or service that
can be linked to?
While “brand by death” isn’t a strategy that you would want to
employ, it does work. Look at the recent case of Twinkies. Hostess went
bankrupt and announced that they would no longer make Twinkies. Suddenly there
was massive demand for Twinkies! Hostess will still go under, but they will
sell the license to create Twinkies for millions of dollars. The very fact that
this iconic American snack food was close to death led to an immediate increase
in demand. It is another example of scarcity (or threatened scarcity) leading
to increased demand and perceived value on a product.
5. After reading
your book it becomes clear that bands or companies that stay true to their core
values are eventually rewarded. But, can you tell us a case where core values
have been betrayed or significantly modified and has ended disastrously?
In music there are plenty of examples.
KISS still gets heat for recording a disco song with “I Was Made For Loving
You”. Coke made the mistake of trying to emulate the sweeter tasting Pepsi with
“New Coke”. McDonalds betrayed their core values in their quest to become a
pizza destination in the 1980s. In both cases the brands survived, but only
after losing millions upon millions of dollars to learn the lesson.
A more recent example is the Jeep
Compass, a non-SUV Jeep. It doesn’t compute to the consumer. Jeep, to the
consumer, doesn’t just represent the Jeep Wrangler, but it has become a term
that represents all four-wheel drive SUVs. So when Jeep itself creates a
non-SUV vehicle, the disconnect is tremendous. Jeep continues to pour millions
into the Compass, but in the end the betrayal of core values will be an
expensive failure.
6. What’s the most
over the top or surprising merch products that you have seen from a band or
company? The one that you have thought “I can’t believe they sell this”.
My vote goes to the KISS Coffin. It
takes a special fan to want to be buried in a casket decorated with KISS logos!
7. In the chapter
“Death by Hype: Learning from Axl’s mistakes” you dissect Guns n Roses’ Chinese
Democracy. What is the most notorious case of “hypecide” that has happened
after Brand like a Rockstar has been released?
The Blackberry Z10 launch was more than
a year in the making, and it felt like a let down because of it. The Blackberry
Z10 contains features that moved the BB platform ahead a great deal, but really
only caught it up to the competition. It is a very dangerous strategy to hype
an evolution that brings your product up to the accepted standards.
8. And now one last -more fun and relaxed- question.
We’ll give you some rockstar names and we want you to tell us with which
company or product could they be related.
Lemmy (Motörhead)
He already has his own Vodka. You can’t get more perfect than that.
Bruce Dickinson (Iron Maiden)
I think Eddie would make a great sport team logo.
Tommy Lee (Mötley Crüe)
Magnum condoms.
Ozzy Osbourne
Rosetta Stone language software.
Marilyn Manson
Make up and nail polish.
Amy Winehouse
Oooh… feels too soon. Cigarettes?
Brian Wilson (Beach Boys)
Prescription medication, maybe Viagra.
Dave Grohl (Foo Fighters/Nirvana)
The nicest guy in rock. I’d buy anything he is selling me… but it feels
like a Grohl beer would work. It sounds German and authentic, and Dave is the
kind of rock star who would buy his fans a beer.
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