Tesla’s solar business, which needs a name change by the way, is revising pricing in order to regain momentum. They’re going to make less SKUs (packaged goods term referring to product sizes/flavors) while asking customers to do more to minimize the number of site visits Tesla has to make, e.g., photograph meters and circuit breaker boxes, etc. These actions will drive cost out of the business enabling the price reduction. These latter costs are called soft costs. The panels being the hard costs.
What’s The Idea? is a brand consultancy that makes paper, ideas and strategy. All soft costs. At the end of a business engagement my clients have in hand a brand brief, a claim and proof array (one pager) and if they go the full monty, a marketing plan. Soft goods.
Problem is, marketers really like stuff: Hats with logos, ads, signs, website and package designs. Stuff. My stuff happens to be words.
As Mark Pollard, a really smart brand strategist says and will publish in his upcoming book Strategy is your Words, words make brands more effective. Words are strategy. Strategy leads to stuff. Strategy leads to deeds. Strategy leads to valuable, organized thinking.
Can’t wait for the book to come out. It’s stuff about words.