CEO Blog

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Brilliant or False Advertising?

CEO Blog

I pass a nursery on the way home that has a "U Pick Pumpkin" sign out. I know what a U Pick is. You go into the field where the pumpkins grow and pick your own pumpkin. This one is hilarious though. The U Pick is you go into a parking lot and choose from the dozens of sorted pumpkins.

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Often Wrong, Never in Doubt

CEO Blog

Deutsch is an advertising man. Since it is a book about advertising, it has lots of real life examples of campaigns which I found made the book interesting. They were reading books on advertising awards. Advertising awards are an interesting phenomenon. He sold it to Interpublic. Deutsch was upset and told them so.

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People buy logically - Not

CEO Blog

When a store advertises buy 2 get 1 free, sales do much better than 33% off. When a store advertises free knife with $40 cutting board, they sell much more than $10 knife with $30 cutting board. Advertising and promotion is much about this psychology. When they price their gas at $1.02 and say cash price $1 - people love them.

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People buy logically - Not

CEO Blog

When a store advertises buy 2 get 1 free, sales do much better than 33% off. When a store advertises free knife with $40 cutting board, they sell much more than $10 knife with $30 cutting board. Advertising and promotion is much about this psychology. When they price their gas at $1.02 and say cash price $1 - people love them.

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Statistical Success Yes - But Long Term Measurements are Tougher

CEO Blog

The advent of the internet and internet advertising seemed to push a move towards measuring direct results. Statistically experiment with small tests to see if it pays more to advertise with this catch phrase or that, with green or blue, in the morning or night etc. Spend $1000 on ads and see if it yields $1000 in results.

Long-term 154
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Impossible to Ignore

CEO Blog

But after watching a few, I am not sure which company is advertising so they may make me remember the ad but not the beer which was the real purpose. Some examples she speaks about: 1 - Using the power of surprise to get attention. 2 - Using cues and tying to emotion. 3 - Creating distinctiveness. 4 - Of course creating memorability.

Simon 100
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Talk is Cheap - The Art of Conversation Leadership

CEO Blog

Then a war happened and all other advertisers pulled their ads and Turner convinced 800-flowers to stay (and I think ran extra ads at no extra cost). He did so he bought a tiny, one location, flower shop. He went to a conference and met Ted Turner who was just starting CNN. He scraped together a small ad budget and places some ads.