🟠“Penny RIP” — End of the Penny. Dunkin’s diss track. T-Mobile’s dead-zone killer.
Feb 11, 2025
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Dive into the quirky decision to end the U.S. penny, deemed too costly for its value! Discover Dunkin's cheeky diss track aimed at Starbucks during the Super Bowl. Learn how SpaceX and T-Mobile are teaming up to tackle dead zones in cell service. Uncover Ben & Jerry's fascinating origin story and their iconic Phish Food flavor. Plus, explore the rise of corporate diss tracks and the art of playful rivalry in advertising!
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Podcast summary created with Snipd AI
Quick takeaways
Corporate advertising is evolving as brands like Dunkin' and Jeep utilize playful disses to engage audiences and distinguish themselves from competitors.
The discontinuation of the penny highlights the clash between public nostalgia and the financial inefficiencies of outdated currency practices in modern economics.
Deep dives
Corporate Dissing in Advertising
Recent Super Bowl commercials revealed a bold trend of corporate dissing, epitomized by brands like Dunkin' and Jeep directly attacking their rivals. Dunkin's ad took shots at Starbucks, portraying its brand as more approachable compared to Starbucks' perceived elitism. Similarly, Jeep leveraged a humorous jab at Ford using Harrison Ford in their campaign, underlining the playful nature of this new advertising strategy. The takeaway for marketers is to understand how to successfully diss competitors: avoid low blows, punch up rather than down, and keep the humor intact to ensure the message resonates positively with audiences.
The End of the Penny
President Trump has initiated a pause on the minting of new pennies, highlighting a significant shift in the discussion surrounding this longstanding piece of currency. With the cost of producing a penny exceeding its face value—at approximately 3.7 cents per coin—the economic rationale against the penny is more apparent than ever. Despite a public affinity for pennies due to nostalgia, the financial inefficiency has led to calls for their discontinuation, supported by a majority of Americans. This situation reflects a broader issue of inertia in governmental decisions, illustrating how outdated practices can persist despite their impracticality.
T-Mobile's Strategic Shift
T-Mobile's recent collaboration with Starlink to offer satellite-based internet access has proven to be a game-changer in the wireless market, positioning the brand as a leader amidst competition from Verizon and AT&T. The announcement generated significant buzz during the Super Bowl, marking T-Mobile's commercial as the most engaging, driving a surge in website visits. By providing this service free to both existing and potential customers from rival networks, T-Mobile embraced a strategy focused on accessibility and value. This approach emphasizes the power of simplicity and consistency in a traditionally complex industry, showcasing that staying grounded in fundamentals can lead to substantial business growth.
Trump is canceling the US penny… because our cheapest coin is our most expensive.
The biggest diss track in the SB wasn’t Kendrick Lamar… it was from advertisers.
SpaceX and T-Mobile just shockingly teamed up… to kill the cell phone dead-zone.
Plus, the untold origin story of Ben & Jerry’s… and their most disruptive flavor: Phish Food.
$SBUX $TMUS $T
Want more business storytelling from us? Check out the latest episode of our new weekly deepdive show: The untold origin story of… Ben & Jerry’s 🍦. Subscribe to The Best Idea Yet: Wondery.fm/TheBestIdeaYetLinks to listen.
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