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	<title>Marketing with Meaning &#187; walmart</title>
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	<description>The New Imperative to Add Value to Customers&#039; Lives</description>
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		<title>Book Review: &#8216;It&#8217;s Not What You Sell, It&#8217;s What You Stand For&#8217;</title>
		<link>http://www.marketingwithmeaning.com/2009/07/29/book-review-its-not-what-you-sell-its-what-you-stand-for/</link>
		<comments>http://www.marketingwithmeaning.com/2009/07/29/book-review-its-not-what-you-sell-its-what-you-stand-for/#comments</comments>
		<pubDate>Wed, 29 Jul 2009 13:00:12 +0000</pubDate>
		<dc:creator>Bob</dc:creator>
				<category><![CDATA[Agency Marketing]]></category>
		<category><![CDATA[book]]></category>
		<category><![CDATA[purpose]]></category>
		<category><![CDATA[southwest]]></category>
		<category><![CDATA[spence]]></category>
		<category><![CDATA[walmart]]></category>

		<guid isPermaLink="false">http://www.marketingwithmeaning.com/?p=327</guid>
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Last week I trekked down to Austin, Texas, to spend some time with a fellow leader in the campaign to elevate the role of advertising, Roy Spence. I first wrote about Roy in a blog [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignnone" src="http://www.marketingwithmeaning.com/wp-content/uploads/2009/02/roy-spence-book-198x300.jpg" alt="" /></p>
<p>Last week I trekked down to Austin, Texas, to spend some time with a fellow leader in the campaign to elevate the role of advertising, Roy Spence. I first <a href="http://www.marketingwithmeaning.com/2009/02/23/connecting-with-roy-spence/">wrote</a> about Roy in a blog post a few months back. Our initial phone conversation then led to this trip to continue the dialogue about how we might partner up. We were able to spend some great time with Roy, his Chief Purposologist and co-author Haley Rushing, and a few other quality folks from their agency, <a href="http://www.ideacity.com/">GSD&amp;M Idea City</a>. We met the day after it was announced that Roy was handing his CEO role over to <a href="http://www.statesman.com/blogs/content/shared-gen/blogs/austin/theticker/entries/2009/07/20/stewart_promoted_to_ceo_at_gsd.html">Duff Stewart</a>, and he seemed extremely charged up to focus on the new <a href="http://www.thepurposeinstitute.com/">Purpose Institute</a>.</p>
<p><strong>The purpose of this post is to convince you to purchase Roy and Haley&#8217;s book</strong>, <a href="https://www.amazon.com/dp/1591842417?tag=thechallenged-20&amp;camp=0&amp;creative=0&amp;linkCode=as1&amp;creativeASIN=1591842417&amp;adid=1SVDS6CXV47JHW2GN4D3&amp;"><em>It&#8217;s Not What You Sell, It&#8217;s What You Stand For</em></a>. Overall, it&#8217;s a must-read if you are a fan of this Marketing with Meaning concept and wish to drive your organization and yourself to higher-level work.</p>
<p>I believe the act of proclaiming a Brand Purpose is really the best way to start down the path of creating meaningful marketing. When a brand makes the decision of &#8220;Why We Exist,&#8221; it becomes much simpler to begin thinking about how you can create marketing that people choose to engage with, and marketing that itself improves people&#8217;s lives.</p>
<p>What is particularly insightful about <em><a href="https://www.amazon.com/dp/1591842417?tag=thechallenged-20&amp;camp=0&amp;creative=0&amp;linkCode=as1&amp;creativeASIN=1591842417&amp;adid=1SVDS6CXV47JHW2GN4D3&amp;"><em>It&#8217;s Not What You Sell, It&#8217;s What You Stand For</em></a> </em>is that it provides an inside view of some of the most successful businesses in terms of profit and purpose. The advertising agency Roy founded out of college, GSD&amp;M, has been fortunate enough to attract and help shape great companies such as Walmart, Southwest, Whole Foods, and BMW, all of which have stayed close to a higher-level purpose. For example, the purpose of Southwest is to &#8220;democratize air travel,&#8221; and BWM exists to &#8220;enable people to experience the joy of driving.&#8221; I agree that being on the inside of an advertising agency offers the chance to see &#8220;lifetimes&#8221; worth of the good and bad of many organizations. It&#8217;s very easy to understand which companies &#8220;get it&#8221; and which are hopelessly lost, no matter what print ad or website we create for them.</p>
<p>Roy and Haley weave decades of personal history together with these brands&#8217; most recent activity, and provide a nice step-by-step guide for brands to uncover their own purpose. There are a few specific sections of the book that I underlined heavily:</p>
<p><strong>Life Is Too Short to Work Without Purpose</strong></p>
<p>This is something I first began thinking more about after reading <a href="https://affiliate-program.amazon.com/gp/associates/network/build-links/individual/get-html.html?ie=UTF8&amp;asin=B000PDZF70"><em>The 4-Hour Workweek</em></a>. In this book, author Tim Ferriss encourages cubicle dwellers to escape the office, become Internet entrepreneurs, and focus on personal hobbies for the rest of their lives. He almost looks down on for-profit, 40-hour-a-week work. I enjoyed his book in many ways, but believe that a full workweek itself can and should be rewarding and exciting. Roy and Haley remind us that:</p>
<blockquote><p>Bookstore shelves are now fully stocked with books about finding your personal purpose. But the reality is the vast majority of your time is consumed by your work life&#8230; Whether you&#8217;re a CEO or a secretary, the majority of your time, energy and talent will be spent in the service of your work. So why not make it worthwhile?&#8221;</p></blockquote>
<p>They go on to suggest that you find the work you love best by paying attention to <strong>&#8220;the meeting on the calendar that you&#8217;re actually excited about going to&#8221;</strong> and to &#8220;notice when your heart speeds up just thinking about an issue.&#8221; In other words, finding personal purpose is the first step in moving your company or your career toward brand purpose.</p>
<p><strong>Great Takeaways from Whole Foods</strong></p>
<p>While I enjoyed the deep case studies on Walmart and Southwest Airlines, I especially enjoyed two lessons from Whole Foods. First, there&#8217;s the fact that the company continues to commit to donating 5% of its sales on five days a year to nonprofits chosen by each local store. Stock analysts and some investors complain about so much of Whole Foods profits going to charities, but who can argue with a 3,000% increase in stock value over 14 years?</p>
<p>A second interesting observation is that Whole Foods admits that it is never going to be perfect in delivering on its Vision Statement, as seen in its &#8220;<a href="http://www.wholefoodsmarket.com/company/declaration.php">Declaration of Independence</a>&#8220;:</p>
<blockquote><p>We do not believe [the Vision Statement] always accurately portrays the way things currently are at Whole Foods Market so much as the way we would like things to be. It is our dissatisfaction with the current reality, when compared with what is possible, that spurs us toward excellence and toward creating a better person, company, and world. <strong>When Whole Foods Market fails to measure up to its stated Vision, as it inevitably will at times, we should not despair</strong>. Rather let us take up the challenge together to bring our reality closer to our vision. The future we will experience tomorrow is created one step at a time today.&#8221;</p></blockquote>
<p>(On a side note, after meeting with the folks at Idea City we headed across the street to the Whole Foods headquarters store. We spent about two hours exploring the amazing selection and had a wonderful lunch in the seafood cafe.)</p>
<p><strong>Conclusion</strong></p>
<p>One of my favorite passages in the book is the challenge for people to be willing and able to communicate their personal+brand purpose into the dinner-party conversation. Imagine the usual first exchange when you meet someone new and he or she asks, &#8220;What do you do?&#8221; You know you&#8217;re onto something when you can proudly proclaim the higher-level drive of your work. For me, the answer is: <strong>&#8220;I create marketing that improves people&#8217;s lives.&#8221;</strong></p>
<p>What&#8217;s yours?</p>
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