Try GOLD - Free
The Secret To Sales: Magical Thinking?
Entrepreneur
|April - May 2019
We’re told that business is rational and logical. But what if that’s wrong? Advertising executive Rory Sutherland, vice chairman of Ogilvy Group, argues that real success comes from defying everyone else’s logic.
Imagine that you are sitting in the boardroom of a major global drinks company, charged with producing a new product that will rival the position of Coca-Cola as the world’s second-most-popular cold nonalcoholic drink.
How would you respond? The first thing I would say unless I were in a particularly mischievous mood, is something like this: “We need to produce a drink that tastes nicer than Coke, that costs less than Coke, and comes in a really big bottle so people get great value for money.” What I’m fairly sure nobody would say is this: “Hey, let’s try marketing a really expensive drink that comes in a tiny can…and tastes kind of disgusting.” Yet that is exactly what one company did. And by doing so, they launched a soft-drink brand that would indeed go on to be a worthy rival to Coca-Cola. That drink was Red Bull.
When I say that Red Bull “tastes kind of disgusting,” this is not a subjective opinion. No, that was the opinion of a wide cross-section of the public. According to marketing lore, before Red Bull launched outside Thailand, where it had originated, the licensee approached a research agency to see what the international consumer reaction would be to the drink’s taste; the agency, a specialist in researching the flavoring of carbonated drinks, had never seen a worse reaction to any proposed new product.
This story is from the April - May 2019 edition of Entrepreneur.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Entrepreneur
Entrepreneur US
Why Junk Removal Is Booming
As e-commerce grows, so do our garbage piles.
2 mins
November - December 2025
Entrepreneur US
10 Hottest Trends in Franchising Today
Good news: You can buy a brand in the hottest categories! We list 600 of them.
1 mins
November - December 2025
Entrepreneur US
How to Hire the Perfect Employee in 6 Steps
Founders are often terrible at hiring. We have 40 years' worth of data on how to do it right.
7 mins
November - December 2025
Entrepreneur US
HOW TO RAISE MONEY IN AN AI-OBSESSED WORLD
If you're building an AI company, the fundraising rules have shifted. Here's what it takes to succeed.
2 mins
November - December 2025
Entrepreneur US
Reinventing the Flower Shop
French Florist was once a struggling florist shop in Los Angeles. Here's how it transformed into an innovative franchise that's taking on the industry.
3 mins
November - December 2025
Entrepreneur US
Why Personal Care Is Booming
It's on people's minds, and good for the bottom line.
2 mins
November - December 2025
Entrepreneur US
Why Pet Franchises Are Booming
Our relationships with our pets are changing.
2 mins
November - December 2025
Entrepreneur US
THINK OUTSIDE THE BUBBLE
As an investor in emerging markets, George Rzepecki looks for opportunities—and founders—that don't fit the Silicon Valley mold.
2 mins
November - December 2025
Entrepreneur US
The Top Franchises for Veterans
If you've served in the military, these 150 franchise brands really want you!
1 mins
November - December 2025
Entrepreneur US
Why I Keep Hiring the Same People
I'm a serial entrepreneur, and I owe my success to keeping my team consistent-from company to company.
2 mins
November - December 2025
Translate
Change font size

