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		<title>Is this the world&#8217;s worst positioning statement?</title>
		<link>http://ideaspercolator.wordpress.com/2008/11/19/is-this-the-worlds-worst-positioning-statement/</link>
		<comments>http://ideaspercolator.wordpress.com/2008/11/19/is-this-the-worlds-worst-positioning-statement/#comments</comments>
		<pubDate>Wed, 19 Nov 2008 22:17:15 +0000</pubDate>
		<dc:creator>themeda</dc:creator>
				<category><![CDATA[Strategy]]></category>
		<category><![CDATA[Dentist]]></category>

		<guid isPermaLink="false">http://ideaspercolator.wordpress.com/?p=79</guid>
		<description><![CDATA[Did you know that, despite indications to the contrary, dentistry is a Quality Cruising Yacht, Transporting Discerning Passengers to Far-Reaching Destinations of the Globe to Sample and Experience Life&#8217;s Luxuries and Pleasures? This is why clients get planners to come up with positioning statements for them.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ideaspercolator.wordpress.com&amp;blog=5232603&amp;post=79&amp;subd=ideaspercolator&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.whizwest.com/sailing/images/legend325m.jpg"><img class="aligncenter" title="yacht" src="http://www.whizwest.com/sailing/images/legend325m.jpg" alt="" width="397" height="292" /></a></p>
<p>Did you know that, despite indications to the contrary, <a title="dentisty" href="http://www.dentalsearchengine.net.au/dentist-information/dentist/16/" target="_blank">dentistry is a Quality Cruising Yacht, Transporting Discerning Passengers to Far-Reaching Destinations of the Globe</a> to Sample and Experience Life&#8217;s Luxuries and Pleasures?</p>
<p>This is why clients get planners to come up with positioning statements for them.</p>
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			<media:title type="html">themeda</media:title>
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		<title>Engines of creativity</title>
		<link>http://ideaspercolator.wordpress.com/2008/11/18/engines-of-creativity/</link>
		<comments>http://ideaspercolator.wordpress.com/2008/11/18/engines-of-creativity/#comments</comments>
		<pubDate>Tue, 18 Nov 2008 02:26:22 +0000</pubDate>
		<dc:creator>themeda</dc:creator>
				<category><![CDATA[Creativity]]></category>
		<category><![CDATA[Online]]></category>
		<category><![CDATA[Institute for the Future]]></category>
		<category><![CDATA[Jane McGonigal]]></category>
		<category><![CDATA[Superstruct]]></category>

		<guid isPermaLink="false">http://ideaspercolator.wordpress.com/?p=43</guid>
		<description><![CDATA[Jane McGonigal says that computer games aren&#8217;t just for escapist entertainment &#8211; they&#8217;re also engines of creativity. McGonigal is director of games research and development at the thinktank Institute for the Future(which sounds like one of the more interesting jobs we&#8217;ve come across). She argues that games offer the perfect setting for employees and organisations [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ideaspercolator.wordpress.com&amp;blog=5232603&amp;post=43&amp;subd=ideaspercolator&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><img class="aligncenter" title="Superstruct" src="http://farm4.static.flickr.com/3284/3026797668_f5533aa9e6.jpg" alt="" width="500" height="375" /></p>
<p>Jane McGonigal says that computer games aren&#8217;t just for escapist entertainment &#8211; they&#8217;re also engines of creativity.</p>
<p><a title="McGonigal" href="http://www.businessweek.com/innovate/content/nov2008/id20081110_453173.htm?chan=top+news_top+news+index+-+temp_innovation+%2Bamp%3B+design" target="_blank">McGonigal is director of games research and development</a> at the thinktank <a title="iftf" href="http://iftf.org/" target="_blank">Institute for the Future</a>(which sounds like one of the more interesting jobs we&#8217;ve come across). She argues that games offer the perfect setting for employees and organisations to collaborate in solving problems.</p>
<p>Employees of major corporations such as Procter and Gamble have been encouraged to play one of McGonigal&#8217;s creations,<a title="Superstruct" href="http://www.superstructgame.org/" target="_blank"> a game called Superstruct </a>in which players are asked to imagine the world in 2019. Another multiplayer game challenged players to imagine <a title="world without oil" href="http://worldwithoutoil.org/" target="_blank">a world without oil</a>.</p>
<p>It makes sense. After all, all intelligent animals learn through play, and that is true for adult human beings too.</p>
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			<media:title type="html">themeda</media:title>
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		<title>Get creative with your toast</title>
		<link>http://ideaspercolator.wordpress.com/2008/11/14/get-creative-with-your-toast/</link>
		<comments>http://ideaspercolator.wordpress.com/2008/11/14/get-creative-with-your-toast/#comments</comments>
		<pubDate>Fri, 14 Nov 2008 00:42:50 +0000</pubDate>
		<dc:creator>themeda</dc:creator>
				<category><![CDATA[Creativity]]></category>
		<category><![CDATA[Design]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Electrolux]]></category>
		<category><![CDATA[Marmite]]></category>
		<category><![CDATA[Wonder White]]></category>

		<guid isPermaLink="false">http://ideaspercolator.wordpress.com/?p=48</guid>
		<description><![CDATA[There&#8217;s no excuse not to get creative with your toast. Not when you can buy a German skull toaster  (a VIP option is available for those who require an ego boost to accompany their bacon and egg) or the must-have best seller that burns an image of Hello Kitty into your bread. Rather that than your brain, one supposes. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ideaspercolator.wordpress.com&amp;blog=5232603&amp;post=48&amp;subd=ideaspercolator&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><a href="http://ideaspercolator.files.wordpress.com/2008/11/electrolux-scan-toaster.jpg"></a></p>
<p><a href="http://ideaspercolator.files.wordpress.com/2008/11/marmtea_teapot_632.jpg"></a><a href="http://ideaspercolator.files.wordpress.com/2008/11/toasterd6.jpg"></a></p>
<p><a href="http://ideaspercolator.files.wordpress.com/2008/11/toasterd8.jpg"></a></p>
<p><a href="http://ideaspercolator.files.wordpress.com/2008/11/electrolux-scan-toaster3.jpg"><img class="aligncenter size-full wp-image-72" title="electrolux-scan-toaster3" src="http://ideaspercolator.files.wordpress.com/2008/11/electrolux-scan-toaster3.jpg?w=450&#038;h=350" alt="electrolux-scan-toaster3" width="450" height="350" /></a></p>
<p>There&#8217;s no excuse not to get creative with your toast. Not when you can buy a <a title="skull toaster" href="http://www.tomwet.de/shop/catalog/product_info.php?products_id=620" target="_blank">German skull toaster  (a</a> <a title="ego boost" href="http://www.tomwet.de/shop/catalog/product_info.php?products_id=989&amp;osCsid=0bee67dfb6d50a7aeefbaad553e9fa31" target="_blank">VIP option </a>is available for those who require an ego boost to accompany their bacon and egg) or the must-have best seller that burns <a title="hello kitty" href="http://shop.sanrio.com/hello-kitty-toaster/51505-200406,default,pd.html" target="_blank">an image of Hello Kitty into your bread</a>. Rather that than your brain, one supposes.</p>
<p><a href="http://ideaspercolator.files.wordpress.com/2008/11/hello-kitty-toaster.jpg"><img class="aligncenter size-thumbnail wp-image-62" title="hello-kitty-toaster" src="http://ideaspercolator.files.wordpress.com/2008/11/hello-kitty-toaster.jpg?w=96&#038;h=96" alt="hello-kitty-toaster" width="96" height="96" /></a></p>
<p>This <a title="toasters" href="http://www.toxel.com/tech/2008/09/13/collection-of-cool-toaster-designs/" target="_blank">collection of cool toasters </a>is enough to inspire you to rush out to your local supermarket and clear the shelves of Wonder White. We are especially intrigued by the <a title="scan toaster" href="http://www.reghardware.co.uk/2008/09/11/wacky_toaster/" target="_blank">Scan Toaster</a>, which is linked to PC and can imprint your bread with everything from downloaded patterns to the morning&#8217;s headlines. The idea was a winner in a competition held by Electrolux; there are no plans to manufacture it as yet, thus sparing purchasers from the trauma of having to cover up the morning news with butter and jam.</p>
<p><a href="http://ideaspercolator.files.wordpress.com/2008/11/electrolux-scan-toaster2.jpg"></a><a href="http://ideaspercolator.files.wordpress.com/2008/11/electrolux-scan-toaster1.jpg"></a></p>
<p>There&#8217;s even a toaster teapot, although, somewhat disappointingly, it turns out not to be a toaster/kettle combo, but a teapot shaped like a toaster. If, however, you feel that joy is a Marmite teapot, then <a title="Marmite" href="http://www.teapottery.co.uk/Top_Sellers_0/Marmtea_Teapot_63.htm" target="_blank">this English eccentric teapot site </a> is for you.</p>
<p><a href="http://ideaspercolator.files.wordpress.com/2008/11/marmtea_teapot_631.jpg"></a>   <a href="http://ideaspercolator.files.wordpress.com/2008/11/marmtea_teapot_633.jpg"><img class="size-thumbnail wp-image-68 alignnone" title="marmtea_teapot_633" src="http://ideaspercolator.files.wordpress.com/2008/11/marmtea_teapot_633.jpg?w=115&#038;h=96" alt="marmtea_teapot_633" width="115" height="96" /></a><a href="http://ideaspercolator.files.wordpress.com/2008/11/toaster_teapot_64.jpg"></a><a href="http://ideaspercolator.files.wordpress.com/2008/11/caravan_teapot_42.jpg"></a><a href="http://ideaspercolator.files.wordpress.com/2008/11/marmtea_teapot_63.jpg"></a></p>
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			<media:title type="html">themeda</media:title>
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		<title>Ceiling cat, basement cat and the battle for your soul</title>
		<link>http://ideaspercolator.wordpress.com/2008/11/11/ceiling-cat-basement-cat-and-the-battle-for-your-soul/</link>
		<comments>http://ideaspercolator.wordpress.com/2008/11/11/ceiling-cat-basement-cat-and-the-battle-for-your-soul/#comments</comments>
		<pubDate>Tue, 11 Nov 2008 07:06:51 +0000</pubDate>
		<dc:creator>themeda</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Australia]]></category>
		<category><![CDATA[Online]]></category>
		<category><![CDATA[Trends]]></category>
		<category><![CDATA[Fail]]></category>
		<category><![CDATA[lolcat]]></category>
		<category><![CDATA[lolrus]]></category>
		<category><![CDATA[memes]]></category>
		<category><![CDATA[Minazo]]></category>
		<category><![CDATA[New York Times]]></category>
		<category><![CDATA[Richard Dawkins]]></category>

		<guid isPermaLink="false">http://ideaspercolator.wordpress.com/?p=7</guid>
		<description><![CDATA[If you haven&#8217;t heard of Ceiling Cat and Basement Cat by now &#8211; well, here&#8217;s your chance. Richard Dawkins first defined the meme &#8211; a unit of information, analogous to a gene - in 1976. Like genes, memes have the ability to reproduce themselves; successful memes are those that spread and outlast their rival ideas [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ideaspercolator.wordpress.com&amp;blog=5232603&amp;post=7&amp;subd=ideaspercolator&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><a href="http://icanhascheezburger.files.wordpress.com/2008/02/funny-pictures-ceiling-cat-creates-man.jpg"><img class="alignnone" src="http://icanhascheezburger.files.wordpress.com/2008/02/funny-pictures-ceiling-cat-creates-man.jpg?w=500&#038;h=415" alt="" width="500" height="415" /></a></p>
<p>If you haven&#8217;t heard of Ceiling Cat and Basement Cat by now &#8211; well, here&#8217;s your chance.</p>
<p>Richard Dawkins first defined the <a title="meme" href="http://en.wikipedia.org/wiki/Meme" target="_blank">meme &#8211; a unit of information, analogous to a gene </a>- in 1976. Like genes, memes have the ability to reproduce themselves; successful memes are those that spread and outlast their rival ideas clamouring for the attention of an audience.  In many ways, advertisers and marketers set out to create memes that survive and prosper.  The internet has proven a fertile breeding ground for memes of all descriptions.</p>
<p>Then you get memes within memes. Thus, we have lolcats (photographs of cats given humorous captions) which in turn can be divided into such memes as monorail cat, ceiling cat, basement cat and the entire Invisible series. There are also lolruses &#8211; literally, pictures of walruses with funny captions &#8211; though it has to be pointed out that the original lolrus was a<a title="Minazo" href="http://search.japantimes.co.jp/cgi-bin/nn20051007b4.html" target="_blank"> very popular Japanese elephant seal called Minazo</a>.</p>
<p>His party trick was sticking out his tongue while holding a bucket.</p>
<p>Ceiling Cat started with a random photograph of a tabby poking his head through a hole in the ceiling. Somebody captioned the pic &#8220;ceiling cat&#8221;, and made the connection to the lolcat equivalent of the Almighty. Ceiling cat of course required an equivalent to the Devil, and thus Basement Cat came to be. It was only a matter of time before some bright spark came up with the <a title="lolcat" href="http://www.lolcatbible.com/index.php?title=Main_Page" target="_blank">Lolcat Bible translation project. </a></p>
<p>Why do internet memes like this matter? Well, they&#8217;re perfect examples of the gigantic virtual petri dish that is the net, in which ideas that might seem utterly preposterous in the &#8216;real&#8217; world feed off the obscure interests of niche audiences and grow into something that makes real dollars.  In September 2007, the big daddy of lolcat blogs, <a title="ican" href="http://icanhascheezburger.com/" target="_blank">icanhascheezburger</a>, was sold for $2 million. It is now part of a stable, including blogs devoted to loldogs, celebrities, current events and the Fail meme.</p>
<p>Another very popular site devoted to all things cute, <a title="cute" href="http://www.cuteoverload.com/" target="_blank">Cute Overload</a>, has released a calendar which quickly shot to the top of the Amazon rankings. <a title="cute overload" href="http://www.nytimes.com/2008/08/20/business/media/20adco.html" target="_blank">The New York Times has reported on the success </a>of Cute Overload and similar sites, which some experts attribute to female office workers seeking some form of escape from the depressing reality of corporate life.</p>
<p>Given that we&#8217;ve entered a season of depressing news and the post Obama victory high can only last so long, sites devoted to lolcats and other forms of cute will only grow in popularity. Verily, the cute shall inherit the earth.</p>
<p>By Sarah Britten</p>
<br />  <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gocomments/ideaspercolator.wordpress.com/7/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/comments/ideaspercolator.wordpress.com/7/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/ideaspercolator.wordpress.com/7/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/ideaspercolator.wordpress.com/7/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/ideaspercolator.wordpress.com/7/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/ideaspercolator.wordpress.com/7/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/ideaspercolator.wordpress.com/7/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/ideaspercolator.wordpress.com/7/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/ideaspercolator.wordpress.com/7/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/ideaspercolator.wordpress.com/7/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/ideaspercolator.wordpress.com/7/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/ideaspercolator.wordpress.com/7/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/ideaspercolator.wordpress.com/7/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/ideaspercolator.wordpress.com/7/" /></a> <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ideaspercolator.wordpress.com&amp;blog=5232603&amp;post=7&amp;subd=ideaspercolator&amp;ref=&amp;feed=1" width="1" height="1" />]]></content:encoded>
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			<media:title type="html">themeda</media:title>
		</media:content>

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		<title>Horses. Wigs. Why not?</title>
		<link>http://ideaspercolator.wordpress.com/2008/11/10/horses-wigs-why-not/</link>
		<comments>http://ideaspercolator.wordpress.com/2008/11/10/horses-wigs-why-not/#comments</comments>
		<pubDate>Mon, 10 Nov 2008 23:26:20 +0000</pubDate>
		<dc:creator>themeda</dc:creator>
				<category><![CDATA[Strange. But fascinating.]]></category>
		<category><![CDATA[Cute Overload]]></category>
		<category><![CDATA[Julian Wolkenstein]]></category>

		<guid isPermaLink="false">http://ideaspercolator.wordpress.com/?p=39</guid>
		<description><![CDATA[We in Planning like Julian Wolkenstein. Not only does he sound like a hero out of a nineteenth century Gothic bodice-ripper, but he takes pictures of horses wearing wigs. For no real reason. Apparently, it all started &#8211; as so many things do &#8211; in a  conversation with an art director. Interviewed for this article [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ideaspercolator.wordpress.com&amp;blog=5232603&amp;post=39&amp;subd=ideaspercolator&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><img class="aligncenter" title="Horse hair" src="http://www.thefstopmag.com/wp-content/uploads/picture-7.jpg" alt="" width="581" height="716" /></p>
<p>We in Planning like Julian Wolkenstein. Not only does he sound like a hero out of a nineteenth century Gothic bodice-ripper, but he takes pictures of horses wearing wigs. For no real reason. Apparently, it all started &#8211; as so many things do &#8211; in a  conversation with an art director. Interviewed for <a title="F-Stop" href="http://www.thefstopmag.com/?p=275" target="_blank">this article in The F-Stop</a>, Wolkenstein explains: &#8220;We were talking about horses and he said that it would be really funny to do horses with big hair.&#8221;</p>
<p>Wolkenstein &#8211; who, coincidentally, is originally from Sydney &#8211; found the shoot challenging mainly because of the amount of hair that had to be purchased &#8211; &#8220;buckets and buckets&#8221; &#8211; because horses, as he discovered, have such big heads. One horse submitted itself to almost five hours of hair styling, but Wolkenstein said it enjoyed the experience.  </p>
<p>Despite several requests, he has refused to allow the work to be used by clients.  &#8220;The photos have been in exhibitions,&#8221; he explains,  &#8221;so I want them to live in that genre rather than in the advertising world.&#8221;</p>
<p>As a piece of self-promotion, the series has worked brilliantly, with posters mailed to creatives all around the world, and now it&#8217;s getting mileage in blogs like <a title="cute overload" href="http://www.cuteoverload.com/" target="_blank">Cute Overload </a>and this one. </p>
<p>Mr Wolkenstein, we love your work.</p>
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			<media:title type="html">Horse hair</media:title>
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		<title>And now for a completely different perspective</title>
		<link>http://ideaspercolator.wordpress.com/2008/10/30/and-now-for-a-completely-different-perspective/</link>
		<comments>http://ideaspercolator.wordpress.com/2008/10/30/and-now-for-a-completely-different-perspective/#comments</comments>
		<pubDate>Thu, 30 Oct 2008 02:59:33 +0000</pubDate>
		<dc:creator>themeda</dc:creator>
				<category><![CDATA[Online]]></category>
		<category><![CDATA[Strange. But fascinating.]]></category>
		<category><![CDATA[engrish.com]]></category>
		<category><![CDATA[golden poo]]></category>
		<category><![CDATA[Japan]]></category>

		<guid isPermaLink="false">http://ideaspercolator.wordpress.com/?p=26</guid>
		<description><![CDATA[    Every now and again it makes sense to step outside your own culture into someone else&#8217;s. That&#8217;s why I love engrishfunny.com and the original, engrish.com.  For a totally different view of T-shirts, food and beverages, signage, look at them through (mostly) Asian eyes. These sites are good for you on a number of levels.   [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ideaspercolator.wordpress.com&amp;blog=5232603&amp;post=26&amp;subd=ideaspercolator&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;"><a href="http://farm4.static.flickr.com/3212/2985935894_50aa440bb8_m.jpg"></a><a href="http://ideaspercolator.files.wordpress.com/2008/10/us-bonus-shock-standerd.jpg"></a><a href="http://ideaspercolator.files.wordpress.com/2008/10/stability-of-a-penguin.jpg"></a> <a href="http://www.engrish.com/wp-content/uploads//2008/09/god-of-the-chance.jpg"><img class="aligncenter" title="tshirt" src="http://www.engrish.com/wp-content/uploads//2008/09/god-of-the-chance.jpg" alt="" width="450" height="433" /></a></span></p>
<p class="MsoNormal" style="margin:0;"> </p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;">Every now and again it makes sense to step outside your own culture into someone else&#8217;s. That&#8217;s why I love <a title="engrish" href="http://engrishfunny.com/" target="_blank">engrishfunny.com</a> and the original, <a title="engrish" href="http://www.engrish.com/" target="_blank">engrish.com</a>.  For a totally different view of T-shirts, food and beverages, signage, look at them through (mostly) Asian eyes. These sites are good for you on a number of levels.</span></p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;"> </span></p>
<ul>
<li>
<div class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;">They’re often extraordinarily funny. And as we all know, laughter is good for your general health and a great stress reliever.</span></div>
</li>
<li>
<div class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;">They prod you, even temporarily, out of your existing mindset, which is always good for finding creative solutions to problems. </span></div>
</li>
<li>
<div class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;">They’re a reminder of how what makes perfect sense in one language and culture may have very different results in another. </span></div>
</li>
</ul>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;">The Japanese, for example, think poo is cute; they even wear little <a title="poo pendant" href="http://www.thisnext.com/item/075FE169/Japanese-Lucky-Golden-Poo" target="_blank">poo-shaped pendants </a>as jewellery or afix thme to their mobile phones as charms. (For all the extraordinary Japanese cellphone accessories you could want, go <a title="Japan cellphone" href="http://www.strapya-world.com/products/22307.html" target="_blank">here</a>.)  These toys and accessories <a title="toys" href="http://www.cracked.com/article_15670_25-most-baffling-toys-from-around-world.html" target="_blank">make no sense in Western culture</a>, but they do make sense in </span><span style="font-size:10pt;font-family:Arial;">Japan which, incidentally, is ranked as the <a title="launch" href="http://adage.com/cmostrategy/article?article_id=132082" target="_blank">world&#8217;s best market to launch new products</a>. </span></p>
<p class="MsoNormal" style="margin:0;"> </p>
<p class="MsoNormal" style="margin:0;"> <a href="http://farm4.static.flickr.com/3212/2985935894_50aa440bb8_m.jpg"><img class="aligncenter" title="poo" src="http://farm4.static.flickr.com/3212/2985935894_50aa440bb8_m.jpg" alt="" width="240" height="170" /></a></p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;"><a href="http://www.cracked.com/article_15670_25-most-baffling-toys-from-around-world.html"></a></span></p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;"> </span></p>
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			<media:title type="html">poo</media:title>
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		<title>Should brands cut back on marketing during a recession?</title>
		<link>http://ideaspercolator.wordpress.com/2008/10/27/should-brands-cut-back-on-marketing-during-a-recession/</link>
		<comments>http://ideaspercolator.wordpress.com/2008/10/27/should-brands-cut-back-on-marketing-during-a-recession/#comments</comments>
		<pubDate>Mon, 27 Oct 2008 01:19:15 +0000</pubDate>
		<dc:creator>themeda</dc:creator>
				<category><![CDATA[Branding]]></category>
		<category><![CDATA[Anheuser-Busch]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[CNN]]></category>
		<category><![CDATA[Coca-Cola]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[iPod]]></category>
		<category><![CDATA[Kraft]]></category>
		<category><![CDATA[MTV]]></category>
		<category><![CDATA[Sergio Zyman]]></category>
		<category><![CDATA[Warren Buffett]]></category>
		<category><![CDATA[Wikipedia]]></category>
		<category><![CDATA[Wrigleys]]></category>

		<guid isPermaLink="false">http://ideaspercolator.wordpress.com/?p=15</guid>
		<description><![CDATA[Famed investor Warren Buffett understands the value of the brand. As a shareholder in Kraft, Coca-Cola, Anheuser-Busch, Wrigley’s etc, he sees these entities as ‘low risk’ for himself and his company, Berkshire Hathaway, because they have enormous brand equity. Buffett understands that brand equity is important as it means that his investment can sustain its [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ideaspercolator.wordpress.com&amp;blog=5232603&amp;post=15&amp;subd=ideaspercolator&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><span><span style="font-size:x-small;font-family:Tahoma;"><span style="font-size:11pt;font-family:Tahoma;">Famed investor <a title="buffet" href="http://www.forbes.com/lists/2008/10/billionaires08_Warren-Buffett_C0R3.html" target="_blank">Warren Buffett </a>understands the value of the brand. As a shareholder in Kraft, Coca-Cola, Anheuser-Busch, Wrigley’s etc, he sees these entities as ‘low risk’ for himself and his company, <a title="Berkshire Hathaway" href="http://www.berkshirehathaway.com/" target="_blank">Berkshire Hathaway</a>, because they have enormous brand equity. Buffett understands that brand equity is important as it means that his investment can sustain its pricing even when the economy goes into recession. To quote Philip <span class="SpellE">Kotler</span>: ‘Great brands are the only route to sustained, above-average profitability’. So the question </span></span></span><span><span style="font-size:x-small;font-family:Tahoma;"><span style="font-size:11pt;font-family:Tahoma;"> is &#8211; if brand equity is a potential buffer to recessional effects, why would the marketing budget be the first place to cut costs? <span id="more-15"></span></span></span></span></p>
<p class="MsoNormal"><span><span style="font-size:x-small;font-family:Tahoma;"><span style="font-size:11pt;font-family:Tahoma;"></span></span></span></p>
<p class="MsoNormal"><span><span style="font-size:x-small;font-family:Tahoma;"><span style="font-size:11pt;font-family:Tahoma;">Obviously in the age of short-term management and focus in delivering interim profit, cutting marketing costs makes the business look good (without creating any instant problems). Unfortunately, the positive impact on the bottom line doesn’t last as cutting marketing costs will eventually erode market share and thus ability to compete on more than price; this is especially true in mature markets where it is easy to be dragged into a price war. It seems that contrary to popular belief, a recession is the best time to invest in a brand. According to research in the </span></span></span><span><span style="font-size:x-small;font-family:Tahoma;"><span style="font-size:11pt;font-family:Tahoma;">UK</span></span></span><span><span style="font-size:x-small;font-family:Tahoma;"><span style="font-size:11pt;font-family:Tahoma;">, investing in brand during recessionary periods can help build market share and make traction against competitors (especially those following the ‘budget cutting’ philosophy). </span></span></span></p>
<p class="MsoNormal"><span><span style="font-size:x-small;font-family:Tahoma;"><span style="font-size:11pt;font-family:Tahoma;">When looking back on previous economic recessions, although contextually different to the current situation, many now well known brands (and products) chose to invest during a time of uncertainty with big payoff (CNN, MTV, <span class="SpellE">Wikipedia</span>, </span></span></span><span><span style="font-size:x-small;font-family:Tahoma;"><span style="font-size:11pt;font-family:Tahoma;">IBM</span></span></span><span><span style="font-size:x-small;font-family:Tahoma;"><span style="font-size:11pt;font-family:Tahoma;"> etc). The most famous example would be Apple, which launched their first <span class="SpellE">iPod</span> in 2001 around 40 days after the September 11 attacks, when the economy and consumer confidence were down. The advantage of investing or maintaining marketing spend during a recession is that a company has the ability to build their brand (or product) in an environment where its competitor are most likely to be cutting costs. This point is especially important in the telecommunications market, where there is fierce competition but the market is so mature that it is a ‘zero-sum’ game. Investing during this current recession can help make traction against competition that a brand hasn’t been able to touch before. </span></span></span></p>
<p class="MsoNormal"><span><span style="font-size:x-small;font-family:Tahoma;"><span style="font-size:11pt;font-family:Tahoma;">To quote <a title="sergio zyman" href="http://www.forbes.com/ceonetwork/2004/10/20/1020chat_transcript.html" target="_blank">Sergio <span class="SpellE">Zyman</span></a>, former chief marketer of Coca-Cola: ‘Marketing money is like fuel in a car. You take the fuel out of the tank, the car stops. You take the marketing out of the brand, the brand stops’. </span></span></span></p>
<p class="MsoNormal"><span><span style="font-size:x-small;font-family:Tahoma;"><span style="font-size:11pt;font-family:Tahoma;">By Pippa Kulmar</span></span></span></p>
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