13 Quotes by Jack Trout
- Author Jack Trout
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What they're trying to say is, we have problems, but we're trying to innovate our way out of our problems. But the next question is, show me the innovation. And that will make or break Ford. I think it's very important for them to come up with some good product to talk about.
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It comes down to what is an M&M, and you haven't the foggiest,
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People like to bring back the old stuff. These are all classic brands so they have a history ... it is sort of reintroducing the brand to a new generation, using the old symbols.
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Maybe if people think they have this terrific quality, then they'll forget about the calories and the fat,
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You have to be willing to attack yourself, making your own technology obsolete with new products. It's hard for some companies to do that, and if you don't, someone will. That's what happened to them.
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The risk is turning a molehill into a mountain. If the press notices that you're coming down on someone, it'll all get magnified and all of a sudden the company is the bad guy.
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They've blown the cachet they had years ago. It's over now, and it's hard to move a brand up once you've been down.
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It's an idea whose time has come and gone, ... Wal-Mart's 'Everyday prices' trump blue-light specials. Why they want to try this one again, I have no idea. What Kmart is saying is that we have a few things on sale and Wal-Mart is saying we have a lot of things on sale.
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These things stick in people's minds. Heritage in a category is a very powerful differentiator.
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