Showing posts with label nike. Show all posts
Showing posts with label nike. Show all posts

Wednesday, October 20, 2010

"Nike Curse" - of phobias and superstitions..! (part I)


What is common between Tiger Woods scandal, Wayne Rooni and his sex scandal, Henry’s infamous handball that took France to the last world cup, the Indian teams poor show in T 20 And Roger Federer loosing his cake walk in Wimbledon this year? 

For many the answer would be vague, for others (you) would have guessed it already… all of them are (were) celebrity endorsers of Nike and got INTO SOUP and thereby spoiling Nike image, this year.. They call it the Nike Curse and that made me sit and ponder a bit more on superstitions that rule my beloved industry… what the hell the brand has to do with the mistakes/errors/goof ups that its endorsers end up with?
A lot many factors affect (negatively) business performance like paraskevidekatriaphobia—(well that is fear of Friday the 13th) if you go for a survey among people in the western world. Their fear and love (at the same time) of superstitions are well known secrets….But friends with experience of having done business with Americans tell me that a sizable number of the western folks have this fear. I searched for data and it says in US alone about $800 million to $900 million in business revenue is lost on that ‘ill-omened’ date. Indians aren’t that bad you say? Well let me tell you more…

In all probability all of us have in some ways or other, have indulged in some kind of superstitious behavior in a business settings and otherwise, be it starting to meetings on auspicious moments ( Muhurat ) , scheduling an important meeting in alignment with a our horoscope or by wearing a auspicious set of clothes to an interview. I know people who wear the same set of stuff for days together to win clients, their stars may smile at the them but the stink will stare the clients off for sure. It may sound irrational but it seems this whole lot of seemingly irrational stuff has reason behind this, according to psychologists. 

I had a friend in EURO RSCG who strongly believed that having a cup of coffee from a particular vending machine would help us win accounts… he not only propagated this ridiculous belief but also could win over followers with his evangelism. People made fun of him and yet when a D day approached the LUCKY vending machine had a long queue in its front …strange but true!!

I was never a proponent of such stupidity, I felt that pitching is won on merit and hard work, and some greasing and back door activities of course, but having coffee from a certain machine would be the last factor in getting an agency win an account.. I knew this, so did many others, and yet we all did the coffee ritual and the logic was,- Crazy or not, you feel better having done it/them… I admit to have had the coffee a couple of times and have won accounts,,,, HUH !

Just like Friday the 13 th is a bad day, there are some good days as well. Iceland air, for example, ran a promotion in 2007 allowing customers to add on excursions for $7 each, provided they booked by 7/7/07. Now that speaks how much ‘7’ is a lucky number. Another example of the clout of ‘7’ is Wal-Mart's "Lucky in Love Wedding Search," which granted seven couples a free wedding ceremony and reception for 77 guests on the lucky date. Bharti chairman Sunil Bharti Mittal and his fascination to the number 23 is famous. 

The more apt example in Indian scene would be of  jewelry sales and purchase of gold which rockets by at least 15-20% during Akshaya Tritiya, a day considered auspicious for the Hindus but lesser known till a couple of years back (at least in the south) ..Similarly during Dhanteras last year the car sales in India went up three times.. Good examples of how Marketing enters into a marriage of convenience with beliefs /superstition. 

In the west, hundreds of millions of dollars are lost on Friday the 13th because people (even the well read ones) are logically risk-averse. Just like in India people don’t like to buy metal on Saturday, so car sales ( and any metals) are usually low on Saturdays …I still remember that at my first agency in Chennai, the boss had wanted me to go back to office and start again after we had reached the main gates of our office , for a client meeting… the reason- a black cat which waded across our path unabashedly and seemingly unconcerned about Lowe or its client Saint Gobain…


Foot note :- I thank my lucky stars I’m not superstitious!
 
To be continued...>>>>>

Monday, December 14, 2009

Tiger Woods-The worst a man can get !!!

Every time I decide that I will not again write on celebrities and their role as brand ambassadors, some one comes out of the woods and drag me into this.. Well there is a pun there and I must confess that it just came in a flow.. The topic is Woods and all the brouhaha that surrounds him as more and more women appear from the woods ( ohh the pun again) proving that the ace golfer had a huge fascination for holes, on the green turf and otherwise..

It’s a classic case of brands failing… Eldrick Tont "Tiger" Woods or simply Tiger woods was a brand by himself – a great performer and a real consistent one at that and no matter what now his play boy like image is, till last month he was the most revered icon for the sports world… … High performance delivered every time and for years now.. and that is the profit that his brands (the ones he endorsed) reaped from his aura.. Accenture for years bet on him and him only, portraying his ability to key putt or chip out of the rough and said “High performance delivered” ….Accenture has successfully used Woods to personify its claimed attributes of integrity and high performance.… Now Accenture was the first to forsake the star whose one flaw ( integrity was his other name !) seemingly has become the single most rallying point for the whole world…

It is not woods alone.. History of endorsements is laden with examples of erring celebrities putting brands that depend on them (some cases entirely on them) into disarray… Michael Jackson, and Mike Tyson , to Ben Johnson and Hanse cronje , Britney spears to as recently Micheal Phelps ( for smoking bong -a variant of marijuana, Kellogs dropped him from its endorser list) .. Phelps was dropped not withstanding the fact that the packets of Kellogs with his pics were an instant hit and became a collectors item..

For Accenture the golfer is "no longer the right representative" after the "circumstances of the last two weeks." Said the embarrassed Accenture…The move ends a six-year relationship during which the firm credited its "Go on, be a Tiger" campaign with boosting its image significantly…. Woods was an exception to the serious brand dilution that celebrities were going through.. Not that he was very choosy.. he came for Nike ,American Express, Gillette,General Motors' Buick, Electronic Arts and Tag Heuer watches but for Accenture he stood tall and almost the axis of its entire advertising and when in bad times, this sole dependence has landed the brand and its agency Young and Rubicam, in a tight soup.. they now want to replace all the Woods ads- Tvc’s , hoardings etc… but with what? No alternate strategy was ever in place, with Woods in ….

Woods was so special for his brand owners.. so much so that he appeared with the Nike Swoosh on Accenture ads, his golf bag features a Buick logo even while he endorses Nike and so on… whether this was a proof of brilliance of Nike's Tiger Woods arrangement that other advertisers didn’t mind the presence of the swoosh in their ads or was it simply because they had no option and if they want to use Tiger, they had to turn blind, is still debatable but in the new and changed Wood world it all seems irrelevant..

Gillette and its ads said “the best a man can get” and again Woods was the right match… Now that he has reached a point which certainly is not the best a man can get and where no man ever will want to be, brands one by one are dropping him like hot potato… this is the peril of celebrity endorsements ….

Forbes just a month back described tiger woods as “it's no secret that Tiger Woods is a marketer's dream. The appeal of the good looking, clean-cut, articulate, scandal-free golf whiz is just amazing”…. Now with this fall, which is more personal than professional, (Remember Woods haven’t cheated in his game of golf like a Hanse cronje or Ben Johnson) ads and brands that bet their entire purse on one person, simply because he/ she is a celebrity will think twice .. at least more and serious thoughts of clubbing such endorsement deals with moral clauses attached would be seriously talked about..

Not that a moral clause would have made a Woods to think twice every time he went for an escapade, but that the brands will have lesser losses , financially ,when the enodorses errs… (For the uninitiated, Morals clauses are standard contract terms that allow advertisers to renege on their deals with celebrities if the stars behave badly and ruin their ad plans — as Tiger has done.)…

Wishing Woods a recovery from this personal calamity and hoping to see him again in his turf, playing Golf and endorsing brands.. after all coming back can be more sweeter… and as per his own statement “You can always become better.”

Wishing all the brands that he was with, a smooth transition period …

Thursday, December 27, 2007

Nike..its all about running !!!!



Its one of the very famous and famed Nike running commercial ( yes there are aplenty) created by W+K for Nike and glorified as the offspring of a succesful matrimony between the client and the agency.. Phil Knight and Dan Wieden , to be precise... All was well until Nike realised that in the sneaker segment things are rosy but not so in the runners arena.. Not only that they were trailing behing the formidable Adidas ( the runner ads again) but even behind the new comers and small fries like Asics, a Japanese brand...
So..? what else... W+K was shown the door( partially though), and came in Crispin Porter + Bogusky, with the Bag and Baggage and the Brauhaha of having Coca Cola and Volkswagen in their kitty among other famous brands.. and their strong point..? Digital advertising, where the other team lacked and where Nike felt it should do more.... fair enough!!!...
And what we get????



Alex Bogusky of C S + B , has said somewhere after the release of this ad that they wanted this NOT to look like a Nike commercial, but instead, wanted people to say WHAT is THIS?...

I said the same.. so did many others whom I know...

Does that ring any bell?

Nike..its all about running !!!!

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