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This is his second book. The other is "Ice To The Eskimos". This book is very similar to the first book. I consider this second book an update to the previous one. Both are highly recommended. In some ways I thought the first book had more meat. This second book is easier to read.
The author has about 20 major points that he makes in both books. One such point is to think outrageously when working on your marketing ideas and programs. He gives lots of stories and anecdotes to help you in this regard.
Another point by the author is the use of direct marketing over indirect marketing. He recommends that you let the customer tell you when to stop running the ad based on the returns that it generates. He gives lots of examples. His recommendations regarding TV ads follows the recommendations of Roy Williams, who wrote "Wizard of Ads" by the same publisher. In TV he recommends that you dominate a niche, or segment.
On one hand he believes in accepting the product as a given. Many sales and marketing people blame poor sales results on the product, just as a failed warrior is quick to blame his weapons. He believes most of the problems are caused by lack of creativity and action. But on the other hand, the author guides you on how to change your product offering. One technique is to understand what business you are really in. He gives you some checklists and examples on how to do this.
The author is totally revenue focused.
... Read more ›Even if you're not a sports fan, there is much here that
can be applied to almost any marketing situation.
What I so much liked about this book is that Spoelstra
has been involved in what he writes about . . . he has
consulted with major sports organizations including baseball,
hockey, soccer, and basketball in the United States, Spain
and Japan.
Also, he was general manager of the Portland Trail Blazers for
11 years, during which time he was the focus of what was perhaps the strangest trade in sports history. Portland was in need of a guard to fill a hole created by injury. The guard the Blazers wanted was the starting point guard for Indiana Pacers. A deal was struck; the compensation to the Pacers wasn't a player, but one week of Spoelstra's time. He then played a key role in the restructuring of the Pacers' front office.
Later, as president of the New Jersey Nets for three years, he
increased that team's revenue by almost 500 percent.
There were several memorable passages; among them:
* Learn to ask this question: "What's it going to take?"
Most business people are thinking, "How can we
make our budget numbers?" or "How can we
improve our profit over last year?" They are
asking the wrong question.
What if you asked the following question at
your company: "What's it going to take to be
the best company in our industry this year?"
You don't have to be CEO or a business
owner to ask this kind of question.
Unless you're running a sports franchise, I'm not sure there's actually much useful information to glean from the book, and that's the reason you buy business books, isn't it. For all it's quizzes, which are really "precious" (in the worst sense of the word), the only real idea from the book is "go crazy...risk something." That's great if you've got deep pockets. People will do a lot of crazy things to link themselves with major sporting teams (sponsorships, wacky promotions, giveaways, etc.). But what if you own a plumbing supply store? A shoe repair store? A used CD shop? Yes, you too can do crazy, wacky things, but if you do the wrong crazy thing, just because Spoelstra thinks you should, will you have the cash flow left to try another one? Unless you've got a big organization and deep pockets (or access to deep financing) his urging to be outrageous seems a bit pat and obvious.
Yes, be outrageous, sure. But how do you temper it? How do you give yourself an "escape route" if things go wrong? How do you pay for it?
So, I finished the book very entertained by the anecdotes, and impressed at the contributions the author has made to the ways in which we all enjoy professional sports events and team. But I had not one truly practical, useful, actionable idea to put to work.