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	<title>Michael Carney&#039;s &#34;Marketing Rag&#34; &#187; wizard of ads</title>
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		<title>What We&#8217;re Reading: Secret Formulas</title>
		<link>http://www.marketingrag.com/2008/09/what-were-reading-secret-formulas/</link>
		<comments>http://www.marketingrag.com/2008/09/what-were-reading-secret-formulas/#comments</comments>
		<pubDate>Sat, 20 Sep 2008 00:49:02 +0000</pubDate>
		<dc:creator>Michael Carney</dc:creator>
				<category><![CDATA[Marketing Ideas]]></category>
		<category><![CDATA[book]]></category>
		<category><![CDATA[wizard of ads]]></category>

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		<description><![CDATA[I’m standing on an island in New York Harbour, quietly gazing up at the torch of Lady Liberty, when my ears catch a distant rumble. The noise quickly becomes a rushing roar, and for an instant the pale blue sky above the Lady’s torch turns dark as six navy jets pass over her in tight [...]


Related posts:<ol><li><a href='http://www.marketingrag.com/2008/07/what-were-reading-what-sticks/' rel='bookmark' title='Permanent Link: What We&#8217;re Reading: What Sticks'>What We&#8217;re Reading: What Sticks</a> <small>Richard Grammier of the Jet Propulsion Laboratory is a decorated...</small></li>
<li><a href='http://www.marketingrag.com/2008/03/what-were-reading-wikinomics/' rel='bookmark' title='Permanent Link: What We&#8217;re Reading: Wikinomics'>What We&#8217;re Reading: Wikinomics</a> <small>It was late in the afternoon, on a typically harsh...</small></li>
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			<content:encoded><![CDATA[<p><span></p>
<p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman';"><a href="http://www.amazon.com/gp/redirect.html?ie=UTF8&amp;location=http%3A%2F%2Fwww.amazon.com%2FSecret-Formulas-Wizard-Ads-Turning%2Fdp%2F1885167393%3Fie%3DUTF8%26s%3Dbooks%26qid%3D1188439217%26sr%3D8-1&amp;tag=zstories-20&amp;linkCode=ur2&amp;camp=1789&amp;creative=9325"><img class="alignnone size-full wp-image-256" title="Secret Formulas of the Wizard of Ads" src="http://www.marketingrag.com/wp-content/uploads/2009/10/secretformulas.jpg" alt="Secret Formulas of the Wizard of Ads" width="165" height="236" /></a></p>
<p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman';"><span style="font-size: 10pt; font-family: Verdana;">I’m standing on an island in<span> </span>New York<span> </span><span>Harbour</span>, quietly gazing up at the torch of Lady Liberty, when my ears catch a distant rumble. The noise quickly becomes a rushing roar, and for an instant the pale blue sky above the Lady’s torch turns dark as six navy jets pass over her in tight formation. It’s the first time I’ve ever seen the Blue Angels. My thoughts turn immediately to Bennie.</span></p>
<p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman';"><span style="font-size: 10pt; font-family: Verdana;">Bennie is a printer who has taught his craft to several young people, then helped each one of them open his own little printing shop. Bennie remains a silent partner in each of the shops as he sells his young partners all their paper and printing supplies. Most people think Bennie is a printer, but in reality Bennie is a salesman.</span></p>
<p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman';"><span style="font-size: 10pt; font-family: Verdana;">Bennie is such a good salesman, in fact, that he has been sent to make an impossible sale. His employers need money desperately, but no-one is willing to loan it to them because everyone knows they are going under. Bennie’s mission is to secure the funding that will allow them to survive, an amount totaling several million dollars, and Bennie has nothing to offer as collateral. But Bennie has a plan.</span></p>
<p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman';"><span style="font-size: 10pt; font-family: Verdana;">Bennie wangles himself an invitation to a dinner party where movers and shakers will be gathered, but instead of smiling and handing his business card to each of the powerful men, Bennie slips into the room next door where all the men’s wives have gathered. Bennie smiles and listens and asks perceptive questions and is soon quite a<span> </span><span>favourite</span><span> </span>among the ladies, so it comes as no surprise when he is invited to party after party. And each time it is the same: speak with the women, avoid the men.</span></p>
<p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman';"><span style="font-size: 10pt; font-family: Verdana;">One night, the ladies say, “Bennie, tell us about yourself. Tell us about where you are from.” Soon they are spellbound as Bennie speaks from his heart about his employers and their lofty goals, hopes, dreams and beliefs. Within a few days, Bennie’s employers have the money they need.</span></p>
<p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman';"><span style="font-size: 10pt; font-family: Verdana;">As the Blue Angels pass over Lady Liberty, my mind turns to Bennie, because this is the statue that was sent as a gift to Bennie’s employers by the nice people who loaned them the money back in 1777. It was during<span> </span>America’s darkest hour that Benjamin Franklin arranged to borrow from<span> </span>France<span> </span>the money needed to continue the Revolutionary War. One hundred years later, the French congratulated Bennie’s employers on their success with a little gift called the Statue of Liberty.</span></p>
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<p style="border-style: none; padding: 0in; margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman';"><span style="font-size: 10pt; font-family: Verdana;">Fortunately for<span> </span>America, Bennie knew how to win the hearts of inside champions, and it helped him save a struggling young nation. So tell me,<strong><span> </span>would there be a statue in<span> </span>New York<span> </span><span>Harbour</span><span> </span>today if Bennie had been trained to deal only with decision makers?</strong></span></p>
<p style="border-style: none; padding: 0in; margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman';"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
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<p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman';"><span style="font-size: 10pt; font-family: Verdana;">This surprising and<span> </span><span>colourful</span><span> </span>tale forms one of the 101 short chapters in the book<strong><em>“Secret Formulas of the Wizard of Ads”</em></strong><span> </span>by<span> </span><strong><em>Roy H. Williams</em></strong><span> </span>(Bard Press, Texas, 1999). It’s typical of the homely little stories in the book, some with a twist, all revealing a secret or a valuable marketing insight.</span></p>
<p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman';"><span style="font-size: 10pt; font-family: Verdana;">As the book’s cover note suggests,<span> </span><span>Mr</span><span> </span>Williams, Texan adman known as “the Wizard of Ads”,<span> </span><strong>conjures up provocative observations on advertising</strong>, business and life, dealing with such topics as:</span></p>
<p style="margin-right: 0in; margin-left: 0.5in; font-size: 12pt; font-family: 'Times New Roman'; text-indent: -0.25in;"><span style="font-size: 10pt; font-family: Symbol;"><span>·<span style="font-family: 'Times New Roman'; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none;"> <span> </span></span></span></span><span style="font-size: 10pt; font-family: Verdana;">How to find a<span> </span><strong>champion</strong><span> </span>to sell your ideas</span></p>
<p style="margin-right: 0in; margin-left: 0.5in; font-size: 12pt; font-family: 'Times New Roman'; text-indent: -0.25in;"><span style="font-size: 10pt; font-family: Symbol;"><span>·<span style="font-family: 'Times New Roman'; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none;"> <span> </span></span></span></span><span style="font-size: 10pt; font-family: Verdana;">Why<span> </span><strong>targeting</strong><span> </span>your market can be a big mistake</span></p>
<p style="margin-right: 0in; margin-left: 0.5in; font-size: 12pt; font-family: 'Times New Roman'; text-indent: -0.25in;"><span style="font-size: 10pt; font-family: Symbol;"><span>·<span style="font-family: 'Times New Roman'; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none;"> <span> </span></span></span></span><span style="font-size: 10pt; font-family: Verdana;">How to get customers to<span> </span><strong>remember</strong><span> </span>you</span></p>
<p style="margin-right: 0in; margin-left: 0.5in; font-size: 12pt; font-family: 'Times New Roman'; text-indent: -0.25in;"><span style="font-size: 10pt; font-family: Symbol;"><span>·<span style="font-family: 'Times New Roman'; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none;"> <span> </span></span></span></span><span style="font-size: 10pt; font-family: Verdana;">Why<span> </span><strong>bankers</strong><span> </span>think backwards</span></p>
<p style="margin-right: 0in; margin-left: 0.5in; font-size: 12pt; font-family: 'Times New Roman'; text-indent: -0.25in;"><span style="font-size: 10pt; font-family: Symbol;"><span>·<span style="font-family: 'Times New Roman'; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none;"> <span> </span></span></span></span><span style="font-size: 10pt; font-family: Verdana;">How to write<span> </span><strong>miraculous</strong><span> </span>ads</span></p>
<p style="margin-right: 0in; margin-left: 0.5in; font-size: 12pt; font-family: 'Times New Roman'; text-indent: -0.25in;"><span style="font-size: 10pt; font-family: Symbol;"><span>·<span style="font-family: 'Times New Roman'; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none;"> <span> </span></span></span></span><span style="font-size: 10pt; font-family: Verdana;">Why the brain contains 100,000<span> </span><strong>new worlds</strong></span></p>
<p style="margin-right: 0in; margin-left: 0.5in; font-size: 12pt; font-family: 'Times New Roman'; text-indent: -0.25in;"><span style="font-size: 10pt; font-family: Symbol;"><span>·<span style="font-family: 'Times New Roman'; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none;"> <span> </span></span></span></span><span style="font-size: 10pt; font-family: Verdana;">Why being<span> </span><strong>“out of style”<span> </span></strong>can be profitable</span></p>
<p style="margin-right: 0in; margin-left: 0.5in; font-size: 12pt; font-family: 'Times New Roman'; text-indent: -0.25in;"><span style="font-size: 10pt; font-family: Symbol;"><span>·<span style="font-family: 'Times New Roman'; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none;"> <span> </span></span></span></span><span style="font-size: 10pt; font-family: Verdana;">How to<span> </span><strong>hire wisely</strong><span> </span>and fire compassionately</span></p>
<p style="margin-right: 0in; margin-left: 0.5in; font-size: 12pt; font-family: 'Times New Roman'; text-indent: -0.25in;"><span style="font-size: 10pt; font-family: Symbol;"><span>·<span style="font-family: 'Times New Roman'; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none;"> <span> </span></span></span></span><span style="font-size: 10pt; font-family: Verdana;">How success can<span> </span><strong>send you to the poor house</strong></span></p>
<p style="margin-right: 0in; margin-left: 0.5in; font-size: 12pt; font-family: 'Times New Roman'; text-indent: -0.25in;"><span style="font-size: 10pt; font-family: Symbol;"><span>·<span style="font-family: 'Times New Roman'; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none;"> <span> </span></span></span></span><span style="font-size: 10pt; font-family: Verdana;">How to remember<span> </span><strong>what’s really important in life</strong></span></p>
<p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman';"><span style="font-size: 10pt; font-family: Verdana;">Along the way, the book draws on rich sources such as history, literature, science, art, poetry, philosophy and anatomy, to provide a stimulating read and some challenging viewpoints.<span> </span><strong>Definitely worth the read.</strong></span></p>
<p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman';"><span style="font-size: 10pt; font-family: Verdana;">We purchased our copy of<span> </span><em>“Secret Formulas of the Wizard of Ads”</em><span> </span>at Borders. If you can’t find it there or at other fine local bookstores,<span> </span><strong><a style="color: blue; text-decoration: underline;" href="http://www.amazon.com/gp/redirect.html?ie=UTF8&amp;location=http%3A%2F%2Fwww.amazon.com%2FSecret-Formulas-Wizard-Ads-Turning%2Fdp%2F1885167393%3Fie%3DUTF8%26s%3Dbooks%26qid%3D1188439217%26sr%3D8-1&amp;tag=zstories-20&amp;linkCode=ur2&amp;camp=1789&amp;creative=9325">click to Amazon</a><span> </span>for the details.</strong></span></p>
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