The £500 million marketing mistake
Nudge18 Mar 2024

The £500 million marketing mistake

In 1991, CEO of one of the UK’s largest high street brands lost £500m in value overnight. He almost caused his company to go bankrupt, which ultimately led to his dismissal and a complete company rebrand. In today’s episode of Nudge, I share his story, explaining the psychology behind why this happened and some messaging advice that every marketer needs to know. Sign up to the Nudge Newsletter: https://www.nudgepodcast.com/mailing-list Episode 70 of Nudge: https://tinyurl.com/vk2cxcuc Classic VW ad: https://tinyurl.com/52t4xny2 Avis "Try harder": https://tinyurl.com/4k93t3zv Ratner’s speech in full: https://youtu.be/Nj9BZz71yQE?si=Rf4Z0jkeofH4bQtk The Wasp (1984) book reviews: https://tinyurl.com/2mxhk6wf

Episoder(284)

The surprising true story behind “the greatest ad ever made”

The surprising true story behind “the greatest ad ever made”

Most marketers will remember Apple’s 1984 ad.  Many consider it the “greatest ad of all time”.  But you probably don’t know that just 12 months earlier, Apple released a similar ad that failed.  Wh...

16 Jun 202526min

Instagram failed until it made THIS simple change

Instagram failed until it made THIS simple change

Instagram wasn’t always a runaway success. The first version of the app flopped.  However, the Instagram founders were taught a behavioural science model that transformed their work.  Today on Nudge...

9 Jun 202526min

I tested this marketing guru’s advice. Was it a waste of time?

I tested this marketing guru’s advice. Was it a waste of time?

I gave this marketing expert one hour to create an unforgettable ad.  I showed his ad to 30 Brits and measured exactly how memorable it was.  Does his marketing advice work?  Or is it a waste of ti...

2 Jun 202539min

A year-long happiness experiment: Try one new thing a week (did it work?)

A year-long happiness experiment: Try one new thing a week (did it work?)

This behavioural scientist spent one year doing a new thing every week. He tried acupuncture, gambling, day-trading and dancing. He visited Just Stop Oil meetups, cuddle workshops, and psychic readi...

26 Mai 202528min

Learn 7 scientifically-backed marketing tips in 27 minutes

Learn 7 scientifically-backed marketing tips in 27 minutes

In just 27 minutes, you can learn 7 scientifically backed marketing tactics to apply to your website today.  You’ll learn:  How one word increased my email open rate by 6.4%. The tiny reward that h...

19 Mai 202527min

Six eco-brands using psychology to sell

Six eco-brands using psychology to sell

Oatly, Tony’s, Ecosia and more all use behavioural science to persuade you. Today, author and founder Chris Baker explains how.  You’ll learn about:  Tony’s viral advent calendar.  Oatly’s tiny cha...

12 Mai 202523min

Oliver Burkeman: “Most scholars worked for just 4 hours a day”

Oliver Burkeman: “Most scholars worked for just 4 hours a day”

Why did Charles Darwin, Virginia Woolf, and Henri Poincaré all follow the same four-hour rule? In this episode, bestselling author Oliver Burkeman returns to explain why three to four hours of focused...

5 Mai 202522min

Oliver Burkeman: “I stared at a painting for 3 hours straight”

Oliver Burkeman: “I stared at a painting for 3 hours straight”

Could staring at a painting for three hours make you more productive?  In this episode, I try a strange experiment inspired by bestselling author Oliver Burkeman. Based on lessons from his book Four...

28 Apr 202539min

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