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What most people miss about marketing | Rory Sutherland (Vice Chairman of Ogilvy UK, author)

Lenny's Podcast: Product | Growth | Career

notes

NOTE

Balancing Innovation and Consumer Acceptance

Innovation in industries like hotels should be a balance between being groundbreaking and retaining consumer acceptance. Consumers generally prefer evolutionary changes over complete reinvention, with a concept of being maximally advanced yet acceptable. The pace of change that consumers will accept is crucial in pushing for innovations while not alienating the market.

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Transcript

Episode notes

Rory Sutherland is widely regarded as one of the most influential (and most entertaining) thinkers in marketing and behavioral science. He’s the vice chairman of Ogilvy UK, the author of Alchemy: The Dark Art and Curious Science of Creating Magic in Brands, Business, and Life, and the founder of Nudgestock, the world’s biggest festival of behavioral science and creativity. He champions thinking from first principles and using human psychology—what he calls “thinking psycho-logically”—over mere logic. In our conversation, we cover:

• Why good products don’t always succeed, and bad ones don’t necessarily fail

• Why less functionality can sometimes be more valuable

• The importance of fame in building successful brands

• The importance of timing in product success

• The concept of “most advanced, yet acceptable”

• Why metrics-driven workplaces can be demotivating

• Lots of real-world case studies

• Much more

Note: We encountered some technical difficulties that led to less than ideal video quality for this episode, but the lessons from this conversation made it impossible for me to not publish it anyway. Thanks for your understanding and for bearing with the less-than-ideal video quality.

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Find the transcript at: https://www.lennysnewsletter.com/p/what-most-people-miss-about-marketing

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Where to find Rory Sutherland:

• X: https://x.com/rorysutherland

• LinkedIn: https://www.linkedin.com/in/rorysutherland

• Book: Alchemy: The Dark Art and Curious Science of Creating Magic in Brands, Business, and Life: https://www.amazon.com/Alchemy-Curious-Science-Creating-Business/dp/006238841X