hotel QE2

February 23, 2008 at 1:26 pm (branding, the world, vision and entrepreneurship)

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The QE2 is retiring in Dubai. Come 2008 and it will be the property of Dubai World, a real estate development arm of the Government of Dubai. Cunard has sold her and the ship will soon become a luxury floating hotel, fully equipped with boutiques, bars, and a museum. It will be anchored to The Palm Jumeirah, an artificial island so big, it is apparently visible easily from outer space.
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From a financial perspective, I hear raising a hotel of the QE2’s specs would likely take 4 years and cost 4 times the $100 million it was acquired for. But more than that, the United Arab Emirates is a maritime nation - I think this will do wonders for the Dubai brand and significantly enhance tourism appeal. To think that the QE2 project is just one of the city’s many such avant-garde ventures off-late…
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I have to say I am impressed by the premium the government (yes, the government!) puts on original thought around here.
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big-idea generator

January 27, 2008 at 12:25 pm (books, communication, marketing, vision and entrepreneurship)

This comes from Wired magazine and is totally funny! Check it out here.

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cheap cheep

January 19, 2008 at 10:34 am (india, innovation, people, the world, vision and entrepreneurship)

The Tata Nano is undoubtedly the world’s cheapest car, but consider the context in which it is embedded. The Chevy Aveo (~$11,000) is less than 1/4th of the US per capita income. Granted that India’s middle class is growing fast, but the Nano (~$2500) is priced at more than 3X India’s per capita income!

Now that says something.

And its a fact those that levy accusations at Ratan Tata - for furthur choking up India’s roads with bizarrely affordable cars - should consider. When you add to it the fact that European safety and emission standards are met by the Nano, then outright naysayers begin to look just a little silly.

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a method to the madness

September 20, 2007 at 12:31 am (advertising, branding, innovation, persuasion, vision and entrepreneurship)

What makes a brand a brand? Its ability to stand out of the clutter, how the product fits lifestyles, how the advertising fits mindsets, the price, the packaging, the connection it makes over time with consumers… the list could go on and on. How does belief in the brand fit in the big picture?

At an account planning conference I went to recently, Domenico Vitale talked about ‘belief’ branding. One such is the Dove Campaign for Real Beauty. This flavour of branding seems to derive itself from a higher purpose, a greater calling, if you will. As Carisa Bianchi put it, “People want to be inspired. It’s up to us to find a way.” Consumers appear to be looking for a way to make a change for the better, to be part of something bigger than just the brand. And sure enough, companies are beginning to create appropriately ‘noble’ contexts for their brands.

But some brands are inspired from within - where a ‘purpose’ need not be superimposed on the brand, since the product and the greater good that inspires it are seamlessly spun. Consider Method. I’ve been following it for a couple of years and been fascinated.

They are a home cleaning product brand with the tagline “People Against Dirty”. Their aim was to clutter-bust P&G and other big soapers. They also knew they wanted to be environmentally friendly, aesthetic and fun. Their products look beautiful, they clean well, are naturally scented - they are truly sink-top accessories rather than something nasty that you hide away as soon as you are done. They don’t make a big deal about being “green” in their advertising but their blog is explicit: “Dedicated to the fight against dirty. In whatever form dirty appears.” On it, they talk about individual and corporate social responsibility with respect to the environment and other such things.

I have never known a brand that comes from the inside-out as much as Method does. These guys are young, smart, and above all, they have a vision. They seem to sleep, breathe, walk, and talk Method. They deeply believe in their brand and (perhaps consequently) have been wildly successful in engaging deeply consumers’ belief in their brand. The result: a near cult phenomenon linked to something as banal as cleaning! Of the co-founders, one of them was an account planner and the other is a chemical engineer. Together, they have a brand that was initially bottled in their kitchen in San Francisco. It has grown almost 4000% (?!) in the last 5 years and they were listed this year as the seventh-fastest growing company in America.

Here is an engaging telling of the entrepreneurship of Method by one of its co-founders, Eric Ryan.

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