Tag Archives: cash

Fila gives Banksy a run for his money

5 Jun

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I was late to the party when the world-renowned ‘graff-art-i’ father Banksy first hit the scene. But, when I did, I went through the same stages we all did. From ‘is that legal?’ and ‘who is he?’ to ‘what’s he trying to teach us’ and ‘I wish he’d give my house a makeover’, love him or hate him, he’s making statements and hard cash.

So, it’s no surprise that people trying to get in on the action. Remember the masterpiece that was removed from a shop wall in North London? The point is, we’re used to people trying to remove Banksy’s to sell them on. And we know that brands, like Lego, will shamelessly piggyback off his success by making mock-ups. (For those of you new to Prime Time, I love to hate Lego. It’s stepped to its game in recent months and I just can’t keep up). But, we’re not necessarily used to brands adding to an existing piece of his artwork – cue Fila.

To me, Fila is an old school brand. Quite literally, the last time I wore a pair of its kicks was at school. So, I’ve already conjured up an idea that this vigilante brand has nothing to lose by slicing pairs of its trainers in half and strategically placing them at the foot of Banksy’s across London (as if to worship his approach).

But the story doesn’t end there. Here comes the science. Advertising agency GREYGermany used Google Ad Words to lead consumers, searching for answers to what this sporting statement actually meant, to shoe retailer Deichmann.
Nice touch, but I would’ve much preferred a link through to an ‘undercover’ (i.e. subtly branded Fila site) that encourages people to upload their Instagram pictures of the stunt for the chance to win a free pair of trainers.

The key is to convert your audience from interested consumers into brand ambassadors – and get them to tell you the next stage of the story. Who will they influence next? What do they want to see from the brand? What content do they need to share with their friends?

I just don’t believe a shoe shop can offer this because have to work twice as hard to a) assure people they’re involved in Fila’s PR stunt and b) keep people interested in the brand, rather than pushing them to buy.

But, I won’t be too hard on the Fila. It’s a great quick-win for the brand and, judging by the agency’s YouTube video, it has set the path open for others to hijack street art to create a new movement. But, I won’t get too excited until I hear that Banksy’s requested some more shoes for his next piece.

What do you think – is Fila running in the right direction?

Fila gives Banksy a run for his money.

Fila gives Banksy a run for his money.

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Jamaica’s bobsleigh team in the (cool) runnings to get to the Games

20 Jan

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Jamaica‘s motto is ‘out of many, one people‘ and it’s never rang truer than this week. The lush Caribbean island has qualified for the two-man bobsleigh event at next month’s Sochi Winter Olympics.

That’s right – Cool Runnings is becoming a reality (again). But one thing almost stood in Winston Watts and Marvin Dixon’s way – money. The funding was so tight they had to dip into their own pockets and even watched the final qualifying round from home with bated breath to see it they’d made it through to the next round.

But, once again, Twitter has proved itself as the key driver for crowd-sourcing success. @JamaicaOlympics backed its athletes by drawing attention to a unique crowd-funding initiative on the micro-blogging site moments after the pair qualified. And, although each tweet didn’t generate mass re-tweets or favourites, they’re being seen by the right people.

Most of those people used internet currency sensation Dogecoin to generate the much-needed cash – and in doing so it’s boosted the value of the crypto currency. So I predict we’ll be hearing more about it, and it’s rivals, in the coming months.

The great news is that tonight it was revealed that, thanks to a blend of individual and corporate doners, the team raised $25,000.

This flurry of national PR has meant that Watts and Dixon have dominated news articles as well as the sports pages – including The Guardian, Metro and the New York Times to name a few. And hopefully it’ll encourage the world to find the remaining $15,000 to get Jamaica to the Games.

The team’s fundraising success is testament to @JamaicaOlympics upping its game, while the sporting world was asking questions about the island’s novelty team. It’s gone from tweeting once a day to every hour; re-tweeting key stakeholders; and increasing its level of call to actions. Accompanied by a thriving website, team blog and Facebook page – Jamaica’s got the full social media package.

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