Let’s stay in touch!
We don’t pummel you with posts. We don’t sell your email address.
All we do is write about what’s up. What’s new. What we’re thinking about.
And when we do that, you’ll get an email.
It’s that simple.
We don’t pummel you with posts. We don’t sell your email address.
All we do is write about what’s up. What’s new. What we’re thinking about.
And when we do that, you’ll get an email.
It’s that simple.
“After analyzing 2 million pieces of financial data and 100,000 design “actions” —deliberate attempts to make design a more prominent part of business — for 300 public companies over a five-year period, McKinsey found that those with the strongest commitment to design and the most adept execution of design principles had 32% more revenue and 56% more total returns to shareholders. This finding held true across three separate industries: medical technology, consumer goods, and retail banking.”
Says FastCompany here. And the McKinsey report here.
In case you had any doubt, now you know. Design pays for itself, and then some.
Go tell your CEO.
Part of the art of marketing is making something cool, but not too cool.
What?
Research shows that we gravitate toward the familiar, but that we’re also bored by it. We cherish the new, but we’re also scared of it. The art is in finding something innovative that still has roots in things we already trust and understand.
This is why Apple so rarely pioneers technology and, instead, leverages things that have already been tried and haven’t yet been optimized, Then they nail it.
And it’s why truly innovative companies can be “ahead of their time” and tank.
An article in The Atlantic provides some interesting examples in the context of a long piece on the brilliant designer Raymond Loewy who coined the term MAYA (“Most Advanced Yet Acceptable”) and said: “To sell something surprising, make it familiar; and to sell something familiar, make it surprising.”
There’s plenty of science to back this up:
In 2014, a team of researchers from Harvard University and Northeastern University wanted to know exactly what sorts of proposals were most likely to win funding from prestigious institutions such as the National Institutes of Health—safely familiar proposals, or extremely novel ones? They prepared about 150 research proposals and gave each one a novelty score. Then they recruited 142 world-class scientists to evaluate the projects.
The most-novel proposals got the worst ratings. Exceedingly familiar proposals fared a bit better, but they still received low scores. “Everyone dislikes novelty,” Karim Lakhani, a co-author, explained to me, and “experts tend to be overcritical of proposals in their own domain.” The highest evaluation scores went to submissions that were deemed slightly new. There is an “optimal newness” for ideas, Lakhani said—advanced yet acceptable.
We can lament our intolerance for innovation. But it seems that understanding it is a good place to start if you want to effect change.
Read more, including how Spotify figured out that Discover Weekly playlists should include songs you already know.
Come on down! We’ve launched our new and improved website today. And we’d love to share it with you.
We invite your comments and suggestions. Thanks for your interest, your support and your friendship. We can’t do this without you.
Community Dynamics has been our client for 25 years. During that time, we’ve handled their corporate branding as well as the design and advertising for nearly all of their communities. And together along the way we’ve had some big successes and won a few national awards for marketing.
Smart guys that they are, they’re learning, rethinking and adjusting to the ever-changing real estate market. They’re now focusing more and more on urban mixed-use infill development. But their old website was still very much about suburban homes. They needed to reflect their more diversified direction, while still maintaining the equity of their brand, and of their successful history as a scrappy, independent developer.
A new website was in order. So we built one.
The repositioned Community Dynamics, poised to succeed in a tough economy, is online. Take a look.
(Thanks to associates Janina Lovern and Chris Grau for all their great work!)