The Spotify Business Model is coming to your Industry

In Marketing, Strategy

5 Min read

T

It’s harder to encourage people to pay for digital goods than physical. Studies have proven that we place greater value on things that we can touch and feel. We pay a high price for the devices that hold the software. An iPhone can cost up to a £1,000. A MacBook more. But the social app, the music, the software, not so much. We’re outraged when Instagram and Facebook increase the volume of ads in...

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Building the Score

In Strategy

3 Min read

B

During the early 00’s, the England rugby team were beating every team in their tracks on course to winning the World Cup. But, as an impatient teenage supporter, there were times when they were frustrating to watch. It was fun watching them win, but they were professional and pragmatic. They made clinical decisions to kick for points rather than go for the try every time they were awarded a...

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When you’re creating change, sell it to the outsider

In Marketing, Strategy

4 Min read

W

When Eileen Richardson joined the tech startup Napster in 1999 as CEO, she was eager to shift the music industry. Napster had received its first outside investor and was at the forefront of change. The business became the fastest growing in internet history, at one stage daily user growth was at 50%. Richardson envisioned a world where music producers and makers would view Napster as a wonderful...

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Perspectives

In Consumer Psychology, Marketing

2 Min read

P

Your product is multi-dimensional. There are an infinite number of perspectives from which it can be viewed. A glass of orange juice looks one way to a person who has just completed a marathon. It would look another way to someone who loved oranges, but had just drank two glasses already. It’d look different to someone who likes the taste of oranges, but doesn’t like the pulp. It’d look different...

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Act like an investor

In Direct Marketing

3 Min read

A

A professional investor acts like a professional.  She has a checklist to measure an investment against. She runs every consideration through the checklist before considering it further. The checklist means that a set of decisions are made up front. If a potential investment doesn’t pass through the list, no further consideration is required. This saves her on mental load to make hundreds of...

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