Showing posts with label Capitalist Manifesto. Show all posts
Showing posts with label Capitalist Manifesto. Show all posts

Wednesday, 6 April 2011

♔ Nissan's Accidental Test Drive

Perhaps more than any other brand category, the consumer purchase route in the automotive industry relies on pre-purchase trials. While this is understandable as the test drive is a lengthy process, and with so many marquees on offer, this presents another layer of competition for motor companies.  Although the Nissan Patrol had undergone several developments leading to a more sophisticated and luxurious design, the basic outside design had remained largely unchanged. Nissan needed to get potential drivers to experience the interior changes for themselves.

Recognising that drivers often prefer specific types of vehicle, Arabian Automobiles (the exclusive Nissan distributor in Dubai) chose to target drivers of competitor SUV models. But instead of wasting time trying to persuade otherwise loyal drivers to book a test drive with a different brand, Arabian Automobiles chose to take the test drive to the drivers - and force them to take part.

On different days at different car parks, Nissan Patrols blocked other SUVs in their bays by parking behind them. When drivers returned to their vehicles, they discovered a note on their windscreen encouraging them to move the Nissan Patrol behind them.
Once they were inside the Patrol and had started the vehicle, a CD automatically played a special message that apologised for the inconvenience, explained the new features of the Patrol and encouraged the driver to sign up for a real test drive. At the end of the message, drivers were invited to collect a CD from the central console that contained brochures and videos of the Patrol in action.  Since this took place in car parks, Arabian Automobiles needed police permissions, a filming permit, and of a new Patrol vehicle for the participant to use.

Results
After the mini test drive, Nissan invited drivers to sign up for a longer test experience. On average, 7 out of 10 respondents opted for a full test drive, including drivers of Toyotas, Jeeps and Range Rovers.  Two drivers failed to "get" the stunt. One woman who called the police and one angry man beeped the horn for 10 red-faced minutes.  Nissan plan to repeat the stunt over more weekends, and Arabian Automobiles have adopted this technique as part of the 2011 Patrol marketing plan.  The campaign was by TBWA/RAAD.

Thursday, 31 March 2011

The New Capitalist Manifesto: Building a Disruptively Better Business

The New Capitalist Manifesto: Building a Disruptively Better Businessby Umair Haque  - 256 pages.  Publication date: Jan 04, 2011. Prod. #: 12794-HBK-ENG


Welcome to the worst decade since the Great Depression. Trillions of dollars of financial assets destroyed; trillions in shareholder value vanished; worldwide GDP stalled. But this isn't a financial crisis, or even an economic one, says Umair Haque. It's a crisis of institutions--ideals inherited from the industrial age. These ideals include rampant exploitation of resources, top-down command of resource allocations, withholding of information from stakeholders to control them, and a single-minded pursuit of profit for its own sake. 

All this has produced "thin value"--short-term economic gains that accrue to some people far more than others, and that don't make us happier or healthier. It has left resources depleted and has spawned conflict, organizational rigidity, economic stagnation, and nihilism. In The New Capitalist Manifesto, Haque advocates a new set of ideals: 
(1)Renewal: Use resources sustainably to maximize efficiencies, 
(2) Democracy: Allocate resources democratically to foster organizational agility,
(3) Peace: Practice economic non-violence in business,
(4) Equity: Create industries that make the least well off better off, and 
(5) Meaning: Generate payoffs that tangibly improve quality of life. 
Yes, adopting these ideals requires bold and sustained changes. But some companies--Google, Walmart, Nike--are rising to the challenge. In this bold manifesto, Haque makes an irresistible business case for following their lead.

Forward: