Two
What IS a Fad? It's
Not a Better
Mousetrap
A
fad is something everyone wants yesterday and no one wants
tomorrow.
If you
want to make it big in the fad game, you have to rid your mind
of all the cliches about success. Take that old favorite: "Build
a better mousetrap, and the world will beat a path to your door." Forget
it. While making improvements on an existing product may earn
you a little money from the few people who appreciate the innovation,
the really big money goes to the person who comes up with something
completely different.
I talk
to people all the time who are spending all their creative energies
trying to come up with things that are 10 percent better than
what's already out there. I tell them, "Make a better mousetrap
and the world will yawn." If you look at the fads that have
been runaway successes you'll see that a true fad has little
utility beyond its entertainment value. Think of the Mood Ring,
the Pet Rock, the Slinky, Silly Putty.
Don't get
me wrong. Useful ideas have their place in the world. VCR's,
transistor radios, and the Walkman are useful
ideas that eventually became nationwide success stories. But
these are more innovations than new products and in general have
big companies and substantial advertising behind them. Also,
while these products now have huge market penetration, the products
built their markets systematically. The first VCR manufactured
by Sony came out in the 1960s. It wasn't until the mid-1980s
that it reached 50 percent penetration of households in the United
States.
It's generally
useless items that sweep the country all on their own: no advertising,
no marketing plan, no big corporation, no technological innovation.
It's an original product. Think of it this way. The VCR in your
home today is a vast improvement over the one Sony put out twenty
years ago, or you wouldn't have bought it. The VCR is not a fad.
It's a technological advance that has won converts the more technologically
advanced it becomes. And it is still being improved.
A fad isn't
an innovation, and it doesn't change throughout its short life.
The Pet Rock the first person purchased is the same as the one
the last person to get in on the fad purchased. There is no improved
version of the Pet Rock.
To sweep
the country, forget being innovative about existing things and
think original. I hear all sorts of ideas for better can openers,
better corkscrews, and, for some mysterious reason in what amounts
to a national obsession, better toilet seats. In the past year
alone, I've probably heard of more than thirty ways to improve
the toilet seat-better ways to open them, better ways to close
them, better ways to shape them (from animals to lips); there
are ones that are fur-covered, ones that light up.
That doesn't
mean you can come up with a useless item, then sit back and wait
for the world to beat the
proverbial path to your door. What if the guy who thought up the Pet
Rock idea did that? Do you think people would have called him up and
said, "I hear you are selling rocks in boxes; I'll take ten gross"?
This is where creative marketing comes in. If you come up with something
that's useless and promote it the right way, everybody will have to have
it yesterday, even though they get up the next morning and wonder why
they bought it. When something is useless, you don't have to be bothered
convincing your audience they need it. They don't. Get right up front
with that.
The best
fads are like jokes. You laugh when you find out about it. It
can be a dumb joke like the Pet Rock, it can be a sight gag,
or something that absorbs the attention span a little longer,
such as Rubik's Cube. By the way, if Rubik had listened to the
so-called experts, you'd never have heard of his cube. Robert
L. Shook, author of Why Didn't I Think of That!, pronounced Rubik's
Cube "just another puzzle that will never go."
Most fads
that really fly, if not completely useless, have utility as a
small part of their appeal. They are fun first, a statement of
something second, and useful third.
Take an
item that doesn't so much change a product as change the public's
perception of it. An example of this is the Swatch, which made
watches fun, cheap, and fashionconscious. This went against the
prevailing wind at the time, which was that watches were expensive,
serious status symbols, as in Rolex; or were dull, inexpensive
items, like Timex.
That Timex
let Swatch snatch its market is an example of the mentality that
dominates large corporations. Timex just didn't think up something
that would make watches fun. They couldn't bring themselves to
do it, even though
their market share was slipping from those salad days when
John Cameron Swayze captured the public's imagination with ads showing
a watch being abused. Remember the frogman diving off the precipice,
down into deep, deep ocean, and coming up twenty seconds later with the
Timex still ticking? That was new and daring for its day, and Timex sold
like crazy.
Swatch
is the Timex of the 1980s. They only incidentally tell time.
Swatches mostly make statements: I'm fashionable and I don't
need to spend a lot of money to be that way. It says I'm secure
enough not to have to lay out $6,000 to have a status symbol
on my wrist. It says I'm not dull. Peripherally it says, "I
don't have to know exactly what time it is. I have people for
that sort of thing." Swatch says millions in the bank for
the tiny Swiss company that thought up the idea.
Then another company came along and changed even further the way we think
about watches. It's Le Clip, and rather than wear its inexpensive
fashion timepiece on your wrist, you can clip it anywhere, from your
lapel to the visor in your car.
What the Fortune 500 don't think up is to the fadster's advantage. They
don't think new, they don't think daring, and they certainly don't
think fun. They must chug stolidly forward while making even the
tiniest change in direction.
Then there
are food and toy fads, which are almost always more fun than
they are useful. Nobody needed the Hula-Hoop. And no one needed
another form of fastfood chicken until Chicken McNuggets came
along. McDonald's wanted to get a piece of the chicken business
but didn't want to compete with Colonel Sanders and his barrels
of legs and thighs. So they came up with a completely new way
of making chicken-in finger-size,
boneless morsels-called them McNuggets, and clucked all the way to the
bank.
Consider
the chocolate chip cookie. At one time, cookies were either baked
at home, involving time and effort, or bought in packages tasting
like the bag they were sold in. Then suddenly cookie stores were
popping up on every corner. No one had ever thought of selling
cookies one at a time like ice cream cones in store front operations
until Amos, who's now Famous, and all his imitators set up on
the street and gave us what Mom doesn't have time to make anymore.
What Nabisco
missed, and Mrs. Fields and the other cookie entrepreneurs took
advantage of, was change, and the transient nature of people's
tastes and buying habits these days. In fact, the Fortune 500
would do a lot better if they would realize that a lot of marketing
these days is fad marketing. No one wants to be buying what the
masses are buying. Everyone wants to be the first with a trendy
item, and consumer loyalty to one brand is rare. Our parents
found a product they liked and stuck with it for life. Everything
from Chevrolets to Old Dutch Cleanser was bought and bought again,
loyally, for decades.
Not so
for this generation. We switch from Chevrolet to Ford and, to
our parents' horror, Volkswagen and Honda. We are ready to try
the new product on the block in a second. Look at ice cream,
for example. About ten gourmet ice cream companies have started
up in the past five years, but consumption has stayed about the
same. These newcomers eat into the sales of the established companies,
and the only way to recoup market share is to
adopt the quick-hit techniques of the upstart competitors.
A couple of years ago the Dove Bar swept the country, really
ripping into Breyer's sales. The Dove Bar is not something Breyer's couldn't
have thought of if they were of the fad mentality. What's something new
we can do with ice cream that doesn't come in a half-gallon package?
They are playing catch-up now with Bon-Bons, a chocolate-covered vanilla
ice cream, but they really gave away that premium ice cream bar market
to Dove without even trying. And now Haagen-Dazs is coming up fast with
their own supermarket bars.
Changing
existing products that are mass-market items can have the same
effect as a fad. Take something everyone uses, like toothpaste.
Procter & Gamble, the largest personal-care products maker,
really missed the boat on natural toothpaste. Anyone who had
lived through the environmental and fitness booms could have
predicted that one. Instead, some guy in Maine beat them to the
punch with "Tom of Maine's All Natural Toothpaste." It
doesn't have any additives or sugar, just natural flavoring.
Tom has now come out with a variety of flavors-cinnamon, clove,
spearmint. No moss growing on his teeth. But Procter & Gamble
could have been in there. With their marketing muscle, they would
have had all the shelf space to themselves with a hot fad item.
The changes
you make don't need to be useful. They only need to be fun. Take
the toothpaste pump. This was a good attempt to make a sexy change
in a standard product. Sales rose sharply for Colgate, which
did it first. Who is to say that a toothpaste with a pump is
any better than one without? The important thing is that it is
different. If I were into toothpaste, I would have done the pump;
a year later, an aerosol can. Then a year later, I would do bubble
gum toothpaste that lets you brush your teeth and blow bubbles
at the same time.
So far
the big companies haven't absorbed the fad mentality. Otherwise
Coca-Cola would have thought up designer water instead of fiddling
with the flavor of Coke and leaving the huge bottled-water market
to foreign companies such as Perrier.
When trying
to launch something new you should do a little research to make
sure your idea hasn't already been tried. You would be surprised
at the number of calls I get from people on the Fad Hotline telling
me what a great idea they have. These people tend to be on the
intellectual side-a lot of fad inventors are-and they have been
sitting in their easy chairs just thinking, sometimes for years.
One guy called up to tell me about blinking lights you could
attach to your car to indicate which way the car was about to
turn. Another thought a machine to answer your phone when you
aren't home would be a great innovation. These are great ideas
to someone living in a convent.
Let me
tell you something else that definitely is not a fad. Whatever
you do, don't sink your life's savings into cliche items. I walk
into souvenir and gift shops all the time and feel sorry for
the guy who thought up the item that consists of a "stick
in the mud." Or how about a bottle of "hot air" or
a "losing your marbles" paperweight? These cliches
have name recognition but are lifeless. If it was ever funny
to see a skull full of marbles with a few dribbling out, it isn't
anymore. Forget it.
The same
goes for gadgets that surprise us because they go against our
expectations. A piece of rubber that turns from blue to orange
when you touch it is interesting, but interesting only once.
You will not care about it again. There is no ongoing charm and
no fun to it.
The same
goes for gadgets that do one thing exactly the same way all the
time, such as a windup toy that does backflips. Watching a Wallwalker
is like watching a cat, something alive, because it doesn't do
the same thing over again. Unpredictability is its hallmark.
You could say the same thing about Silly Putty. The face you
lift off the comic strip page always stretches in a different
way. Both the Wallwalker and Silly Putty have an element of human
interaction. It matters what you do to them. They can capture
the imagination because they take some imagination.
Natural
phenomena are not fads, so pass on any schemes to capitalize
on such events as Halley's Comet. Besides lack of shelf life
(meaning total amount of time its interest is held), most of
us have little enough control over things in our own backyard,
much less what is going on in the fifth dimension. A lot of shirts
have been lost on comets, eclipses, hurricanes, and similar developments.
Like natural
phenomena, historic events are out. I know of only one that worked-the
Miss Liberty Styrofoam crowns-and that only in midtown Manhattan.
I get hundreds of calls from people who spend every waking minute
trying to figure an angle on the five-hundredth birthday of the
discovery of America in 1992. These people would do better to
put their money in a passbook account.
I'm happy
to say that the Wacky Wallwalker definitely fits into the useless
category. It just crawls down the wall. And it does that fairly
well. But there wasn't a crying need out there for something
that crawls down the wall. Somebody asked me once, "Well,
what is the social significance of the Wallwalker?" Now,
I hear a lot of dumb questions, but that's about the dumbest.
The answer is, of course, there is no social significance to
Wallwalkers. It's just kind of fun to watch one for a couple
of minutes. That's it. Nothing more serious than that. That's
why people buy them, and Slinkies, and Mood Rings, and Pet Rocks,
something that was so dumb a lot of people found it irresistible.
If there
were more fads, there probably would be a lot fewer psychiatrists
in the world. Instead of paying for $100-an-hour therapy sessions,
you could just get yourself a couple of Wallwalkers and a Slinky
and lock yourself up in a room for a couple of hours. When you
came out,
you'd be fine.
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