Robinhood told a story that didn’t line up with its reality

By Jeromey Lloyd

GameStop sells video games the old-fashioned way: peddling physical media in brick-and-mortar stores in an industry where digital downloads now account for the majority of sales. It was 2013 when every major gaming device provided a way to circumvent stores and download its games directly, and GameStop has been struggling since. It has made flailing attempts are reinvention , but over time its value (NYSE: GME) started to suffered — between January 2019 and January 2020 alone, GME fell from $16 per share to $5.

GameStop’s 2021 trajectory has been anything but linear. Since New Year’s, GameStop…

Keep Spending More Money on Marketing That Doesn’t Deliver? That’s a Tough Pill to Swallow.

By Meghan Termat

For those seeking job security, it might be best to avoid the role of Chief Marketing Officer. Search firm SpencerStuart has reported that the median CMO tenure at the 100 most advertised brands in America is only 30 months. At less stable companies, a marketer’s time in the c-suite can be even shorter, with turnover consistently greater than other positions.

Difficulty proving effectiveness may have something to do with the revolving door of CMOs, but a Korn Ferry survey indicated only about 9 percent can’t quantify their impact. The real problem? A mismatch in the expectations of…

Tapping into New Markets through Brand Story

By Meghan Termat

Imagine this scene: A large arena with blinding lights illuminating a captive audience; loud music pumping from speakers; people sporting Gucci and Balenciaga sneakers amidst the crowd. BMW sponsorship signs line the walls, and screens displaying a Louis Vuitton collection hover above the masses. It’s New York Fashion Week, right?

Wrong, this is the scene at the League of Legends World Championship.

League of Legends is a team-based online game where two opposing forces battle against one another, taking over enemy bases on their way to victory. As a professional esport, League of Legends has an annual…

When Your Brand Becomes the Monster It Set Out to Destroy

By Hannah Landers

Music is intensely personal for each listener; it’s the soundtrack to first love, heartbreak, celebration, and loss. And no matter what kind of emotional state someone’s in, Spotify probably has a playlist for it.

Amongst the massive streaming service’s myriad “Mood” playlists, users can match their emotional state to: “my life is a movie,” “Life Sucks,” “idk.,” “Sad Bops,” “Cranked Up,” and “Tear Drop” — described as “Emo rap feelings for the misunderstood.”

Thanks to its deeply personalized suggestions and massive overall library of tunes, Spotify has quickly become the streaming service of choice for millions, providing…

Throwing Weight Behind the Right Brand Message

By Hannah Landers

“Make yourself a gift to the world.”

This is the message that fitness brand Equinox chose to broadcast to its more than 300,000 Instagram followers just days into 2020 — the key moment when New Year’s resolutions drive gym memberships higher than any other time of the year. Accompanying this message was an ad in which a woman details the story of a slim, muscular, and barely clothed Narcissus — but positions his self-obsession as a virtue.

“If you are your best self, whatever self that is, you’re going to be your best for the world,” explained…

By Rachel Fox

It’s been called “the most important company to come out of Silicon Valley that no one has ever heard of.” A future-focused Apple spinoff 20 years ahead of its time, General Magic accurately predicted what technology consumers of the future would find essential. General Magic’s founders, Marc Porat, Andy Hertzfeld, and Bill Atkinson — all members of the original Mac team — envisioned both a personal computing device that would evolve into the smartphone and the services that would be integral to the experience of using it.

Like Apple, media and industry lore shot General Magic into…

When Strategy Doesn’t Align with Story

By Hannah Landers

2020 began as another year in the Golden Age of television. It was also supposed to mark the dawn of the Quibi era — at least according to Jeffrey Katzenberg, the creative mind behind the streaming service that officially launched on April 6.

“Five years from now, we want to come back on this stage and if we were successful, there will have been the era of movies, the era of television and the era of Quibi,” the DreamWorks co-founder and Disney veteran prophesized to a crowd at South by Southwest in 2019. …

Aligning Innovative Product Extensions With Story

By Dante Pannell

Who could have predicted that a cheese-flavored lip balm wouldn’t completely take over the world?

The origin story of Cheetos is one part myth, one part military, and one part ingenuity. America’s favorite cheese-flavored snack food was conceived as the same time the US military was developing dehydrated dairy products; a potato chip entrepreneur, Charles Doolin, was also trying to incorporate cheese into his products at snack food conglomerate Frito-Lay. Doolin believed the military’s newly discovered cheese powder could serve as a viable alternative to the more laborious effort required to make snacks with standard cheese.

By…