Marketing Strategy

Today's Marketing Cookie - The Speed Of Dark

Today's Marketing Cookie - What is the speed of dark?

"What's the speed of dark."

Today's fortune came from Scott Sanders of Boston, MA. Scott is a consumer packaged goods consultant and works with Bosco Chocolate Syrup as their Brand Manager. You should follow Scott on Twitter: @Bosco

Today's Marketing Cookie asks about the "speed of dark". I can tell you that darkness spreads rapidly and is the number one reason why it is important to maintain happy, smiling and satisfied customers. Depending on how unhappy customers become, the darkness will extend to their friends, family and neighbors. For some reason bad news spreads faster in our society than good news. When a movie gets good reviews, they usually sell maybe 10% or even 20% more tickets.  If however, a film gets a negative review, and the word spreads like wildfire, the movie dies. If you think movies die quickly, what about presidential candidates or actors? I cannot imagine what Facebook would become if there were a "dislike" button... especially in an election year.

Last night my wife and I were invited by David Cutler and his wife to join a group of their friends on a beer and chocolate tasting tour of Boston.  My favorite part of the tour was going to the various chocolate shops and tasting the most amazing chocolates I have ever seen. Whenever we made a stop, our tour guide encouraged us to check-in and buy something from each shop in an effort to spread some goodness about each chocolatier .

As our tour guide was telling us where we would be going next, a few people in our group guessed that we would be headed over to one of the largest chocolate shops in the city. Our tour guide smirked, shook his head and said, "No. Unfortunately, "XYZ Company" would prefer NOT to have our business." People in our group were booing in disgust, and saying, "That stinks. Should we tweet it?" 

Do you see what happened there? 

Darkness just spread about a company that is well-known to be the largest and best chocolate company in the city and we were ready to bash-mob them... and we hadn't even been there. Who knows why they decided not to participate in a chocolate tour of Boston, but the result was "darkness". If chocolate lovers on several tours per day, seven days a week, ask the same question about them, the darkness will only spread further.  Meanwhile, we went to the shops of all of their competitors, to learn how to appreciate the distinct differences in many different types of chocolates.

This whole time, you have been reading about a grouchy Willy Wonka, and I'm guessing that you may have been trying to figure out what chocolate company I'm talking about. If you wondered what company it might be, you've already proven my point about how powerful negativity can be. I may never know the actual "speed of dark", but I can tell you that it is very fast!

Comments

I have gone on the Chicago Chocolate tours and the one in Geneva, IL. The tours are great and you get to meet some of the best "shop keepers' in the cities. Other companies should be clamoring to get involved - good word of mouth advertising goes a long way.

You're absolutely correct Naomi! It would only make sense for other companies to participate ...especially when everyone is checking-in and tweeting (or twEATing) during the tour.

I wish more companies realized this rule - word of mouth is the best form of advertising. AND negative words carry a LOT of weight. PR is not "Press Releases" - it's "Public Relations" which is an ongoing representation of the company/organization...chocolate shop. Great post!

So true Katrina! While some would argue that dark chocolate is the best of all... there's nothing sweet about dark reviews.

So true, and nowhere better exemplified than Wall Street, where being first to react to market-impacting news means minimising your losses (or maximising your gains). The reaction to any bad news is as fast as it takes to identify the news as bad and speed traders making computer generated trades set a speed of dark that rivals the speed of light! Indeed, There is a lot of concern that speed trading is actually driving, or at least accentuating, the volatility that has bedevilled markets since the GFC.

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