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About This Book
The must-read summary of Alex Wipperfurth's book: `Brand Hijack: Marketing Without Marketing`
This complete summary of the ideas from Alex Wipperfurth's book `Brand Hijack` shows that companies like Starbucks, eBay, Palm and Red Bull have built multi-billion-dollar valuations without using any conventional advertising campaigns. The success of these companies demonstrate the smart approach to building a business and a brand in the twenty-first century is to do what can be termed āmarketing without marketingā. More specifically, these brands create the illusion that success is happening serendipitously as driven by the users rather than as dictated by the corporation. This is the essence of marketing without marketing. The key to building a brand nowadays is to let the market hijack your brand. The more marketplace involvement you have, the better ā even if that takes your brand off in unanticipated directions. What youāll ultimately end up with is a brand experience which is richer, better, more genuine and therefore more sustainable than anything you would have consciously developed yourself.
Added-value of this summary:
ā¢ Save time
ā¢ Understand key concepts
ā¢ Increase your business knowledge
To learn more, read `Brand Hijack` and discover a different approach to successful marketing in the twenty-first century.
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Summary of Brand Hijack (Alex Wipperfurth)
1. The 10 key principles of marketing without marketing
1. Let go
- It provided users with a blank canvas ā something people could take and use any way they wanted to.
- Napster had a non-financial incentive ā users felt like they were helping others by making their music libraries available rather than being paid a finders fee or anything like that.
- It made people feel wanted ā the more people that used Napster, the better it became.
- Napster created a sense of community ā because it applied to music, a very personal and emotional topic for many people. People who used Napster also believed they were helping to liberate music from the clutches of the recording industry, a very noble cause.
- Napster was well managed ā in that Shawn Fanning wasnāt worried about making money or in trying to influence the direction Napster went.
2. Co-create
- For two years before the film was released, the film makers created a new urban myth about three students who go missing in the forest while making a documentary about a witch. A Web site was launched which discussed this myth and which featured excerpts from footage apparently shot by the students before they disappeared.
- Interest was generated in the fringe crowd ā internet junkies, horror freaks and film buffs. Once the Web site caught on, discussions about the project spread to cabl...
Table of contents
- Title page
- Book Presentation
- Summary of Brand Hijack (Alex Wipperfurth)
- About the Summary Publisher
- Copyright