Strategy Director at Epoch. Articles, summaries, talks, podcasts & newsletter here 👇
Aug 16, 2021 • 13 tweets • 3 min read
Since 2010, @ProfByron’s How Brands Grow has become one of marketing’s most influential texts.
It concludes with 11 law-like patterns, discovered by analysing data spanning many decades, countries & categories.
I’ll summarise the laws, along with a quote, here.
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Double jeopardy law:
Brands with less market share have far fewer buyers, and these buyers are slightly less loyal.
💬 “Smaller brands get 'hit twice': their sales are lower because they have fewer buyers who buy the brand less often.”
Dec 7, 2020 • 16 tweets • 3 min read
The psychologist Daniel Kahneman won the Nobel Memorial Prize in Economic Sciences in 2002.
His book Thinking Fast & Slow distills his work on human decision making. In doing so, it highlights both the brilliance & limitations of the human mind.
Here’s a summary.
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Kahneman begins by introducing the mind’s two modes of thought.
System 1 is automatic, fast, unconscious & effortless.
System 2 is deliberate, slow, conscious & effortfull.
The first accounts for around 95% of all our mental processing. The second, 5%.
Jun 11, 2020 • 7 tweets • 2 min read
James Webb Young believed that the production of ideas was as definite as the production of Fords.
In 1942, he published his five-step process in the book A Technique For Producing Ideas.
I’ll summarise it here for those who haven’t read it.
👇Thread👇 1. Gather raw materials
There are 2 kinds of raw materials. Specific materials relate to the product or the target audience. General materials are not directly related at all. Gather both. There is no subject that a really good creative person cannot be interested in.
Apr 13, 2020 • 8 tweets • 2 min read
Decoded: The Science Behind Why We Buy, by @philbarden, ends each chapter with a one-page distillation.
I’ll use these 6 pages to summarise the book for those who haven’t read it.
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1: Decision Science
2 systems influence all purchase decisions: an implicit, autopilot system & an explicit, pilot system. Marketers must consider both systems. However, a new understanding of the autopilot’s enormous capacity has uncovered a new & exciting opportunity.
Jan 15, 2020 • 12 tweets • 3 min read
I recently finished reading Building Strong Brands (1996) by @DavidAaker.
It finishes with 10 guidelines that provide a good overview of the book’s main themes.
I thought I’d summarise them here in case others find them useful.
👇Thread👇 01. Brand Identity
Brand image is how the brand is perceived, brand identity is how the brand aspires to be perceived. It gives direction, purpose & meaning to the brand. Identity is central to the brand’s strategic vision and is the primary driver of brand associations.
Sep 22, 2019 • 27 tweets • 3 min read
I read @rshotton’s book The Choice Factory back in February after winning a copy through @neilperkin’s newsletter, Only Dead Fish.
Here’s a summary of the 25 behavioural biases that the book covers.
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Bias 01: The Fundamental Attribution Error.
We overvalue personality and undervalue context when analysing behaviour.
May 29, 2019 • 12 tweets • 2 min read
During a recent re-read of Truth, Lies and Advertising I distilled Jon Steel’s ten rules for qualitative research.
So, with a little creative license, I thought I’d share my notes in case others might find them useful.
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01. Be out of it: You can’t do qual research from behind a desk. So get away from the office. If you’re working on a fashion brand visit a fashion store. Read fashion magazines. Meet shop assistants. Talk to models. Find photographers. Immerse.