Over 50 years ago, my wife, Malinda, and I bought a chef’s knife of carbon steel that we still use. It could be passed down to several generations. Compare that to the junk stainless steel ones that might not rust but that won’t hold an edge to cut a tomato.
Cheap products, made poorly and thrown away quickly, are killing people and the planet.
Not to gild Chouinard’s lily, I’d add that cheap advertising, made poorly and thrown away quickly, are killing brands, brand equity, major corporations and the entire (as if this matters) advertising industry.
(BTW, the calculus behind cheapness—usually filed under the heading of ‘efficiency’—costs brands billions. I heard a story from a client about how AI and the legion of MBAs running their AI, told the fast-food brand Chipoltle to stop topping off their bowls. It was costing the millions. The problem was, customers associated the topping off with generosity. And when they stopped topping off, Chipoltle was regarded as cheap and mean. Today, we see such calculus everywhere. Replace experienced creatives with juniors—and see how our margins will widen. That seldom works out.)
In Chouinard’s piece, he cites the novelist Terry Pratchett. Pratchett's devised something he calls the "boots theory of socioeconomics.”
Pratchett’s theory goes like this: some time ago,
"A man who could afford $50 had a pair of boots that’d still be keeping his feet dry in 10 years’ time. While a poor man who could only afford cheap boots would have spent $100 on boots in the same time--[he'd probably have spent $20/pr. five times on five different pairs] and would still have wet feet.”
Last Friday, unsolicited, a potential client reached out to me. It’s always nice when that happens, though more and more I feel like I should hang around my office those World War II posters warning soldiers about venereal disease. Like VD, bad clients are easy to get but hard to get rid of. In fact, to be New York-dire about this, they can cost you your life. (My wife, as she has so often, rejected this decorating idea.)
The potential client spent an hour with me on the phone. She explained how high the stakes were. That she had a much better capitalized competitor. She explained how large the potential market was. And how important it would be to capture that market.
As a seasoned professional, you listen to these things. I quickly realized to the client, she was in the bottom of the ninth, two outs, two men on and down by two.
That’s a metaphor for her position.
She needs an advertising-Willie Mays coming next to bat.
As I promised, I sent her a scope.
Reflecting what she needed done, and the stakes involved. Also, the imperative of over-delivering and getting it right. This wasn’t just an execution—she needed a platform to squash her competitor while skyrocketing her own sales.
The scope was, accordingly, large.
In about twenty minutes I got a note back saying I was twice the price as other people she was talking to.
I thought two things reflexively, importantly.
1. Buy cheap; buy twice. And, something that my therapist of 35 years taught me to say and served as my screensaver for half a decade:
2. I’m sure you can find to do it at a price you’re willing to pay.
I could have thought one more thing, but I didn’t.
Anything you have to offer me, ain’t worth getting VD for.
(Unless that means Very Dollary.)