The £500 million marketing mistake episode artwork

EPISODE · Mar 18, 2024 · 19 MIN

The £500 million marketing mistake

from Nudge · host Phill Agnew

In 1991, CEO of one of the UK’s largest high street brands lost £500m in value overnight. He almost caused his company to go bankrupt, which ultimately led to his dismissal and a complete company rebrand. In today’s episode of Nudge, I share his story, explaining the psychology behind why this happened and some messaging advice that every marketer needs to know.  Sign up to the Nudge Newsletter: https://www.nudgepodcast.com/mailing-list Episode 70 of Nudge: https://tinyurl.com/vk2cxcuc Classic VW ad: https://tinyurl.com/52t4xny2 Avis "Try harder": https://tinyurl.com/4k93t3zv Ratner’s speech in full: https://youtu.be/Nj9BZz71yQE?si=Rf4Z0jkeofH4bQtk The Wasp (1984) book reviews: https://tinyurl.com/2mxhk6wf

In 1991, CEO of one of the UK’s largest high street brands lost £500m in value overnight. He almost caused his company to go bankrupt, which ultimately led to his dismissal and a complete company rebrand. In today’s episode of Nudge, I share his story, explaining the psychology behind why this happened and some messaging advice that every marketer needs to know.  Sign up to the Nudge Newsletter: https://www.nudgepodcast.com/mailing-list Episode 70 of Nudge: https://tinyurl.com/vk2cxcuc Classic VW ad: https://tinyurl.com/52t4xny2 Avis "Try harder": https://tinyurl.com/4k93t3zv Ratner’s speech in full: https://youtu.be/Nj9BZz71yQE?si=Rf4Z0jkeofH4bQtk The Wasp (1984) book reviews: https://tinyurl.com/2mxhk6wf

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The £500 million marketing mistake

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The Leader's Kitbag Ben Morton The Leader’s Kitbag is a practical podcast for busy and aspiring leaders, hosted by leadership expert Ben Morton.Each episode is packed with tools, tips and tactics you can use immediately. In 5–10 minutes, you’ll get a clear insight, a simple framework or prompt, and a nudge to put it into practice.If you want actionable tools and a clearer path to leadership success, this is your kitbag for the journey. Your Morning Nudge: Breathe & Believe Kasey Crawford Kellem This brief, uplifting podcast is a perfect way to ignite your day! Each morning you will be given a breathing technique and a reminder/anchor words/mantra to help you get up and going through your day! The breaths are great tools to combat anxiety, anger management, depression and to improve focus, relaxation, and happiness. The mantra/reminder are words for you to hold on to during the day to help you cope with stress, conflict, and the day in general! Make this podcast your wake-up call each morning!! Everyone can benefit from a morning nudge!!! Subversive w/Alex Kaschuta Alexandra Kaschuta Subversive is a podcast by Alex Kaschuta about ideas that may not fit neatly into the Overton window and could use a nudge, or a sledgehammer. Alex chats to thinkers across the spectrum from iconoclast philosophers, rogue scientists, *real* journalists, and our true intellectual elite, Twitter anons. If you want to support the show or my work in general, head to my Substack: www.alexkaschuta.comor Patreon: https://www.patreon.com/aksubversive Raising The Bar Anshul Gupta Raising the Bar, is a show where I, Anshul Gupta, Co-founder of MikeLegal will nudge our guests on how they are helping raise the bar of India’s legal landscape, everyday. Each episode will feature an industry expert who will weigh in and talk about issues that impact India's legal fraternity directly. Be it journeys, legaltech, career choices, social impact initiatives, inclusion, diversity, overcoming obstacles, marketing or even starting your own law firm. Our guests have all the answers to the questions you wish someone could ask.

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This episode was published on March 18, 2024.

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In 1991, CEO of one of the UK’s largest high street brands lost £500m in value overnight. He almost caused his company to go bankrupt, which ultimately led to his dismissal and a complete company rebrand. In today’s episode of Nudge, I share his...

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