Why Great Ideas Need Champions: Xerox’s Regrets
Xerox had game-changing tech in the '80s but failed to capitalize. What did Apple do that they didn't?
Xerox had game-changing tech in the '80s but failed to capitalize. What did Apple do that they didn't?
They only earned $30 each night. But the 24/7 branding spiked daytime sales by 50%.
First they filed a patent and then they had to go look for a viable market.
Tracking the wrong things in marketing doesn’t mean you can fix anything. But it sure feels good.
Relational buyers are more profitable and make a long-term commitment.
Even if it sold out, they would still be in the red. So how did they make it big?
User review was an afterthought at first, but they noticed what visitors wanted.
GE couldn't sell it, but an out-of-work marketer found the right angle.
Both the aesthetic & story stood out. So they soon became the first backpack sold at Nordstrom.
Brand building doesn’t work like a gumball machine — you can’t expect immediate fame from minimal investment or effort.