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Nov25
Richard Branson - Lessons in Business, Management and Life - 14

Richard Branson and Marketing

There's an interesting way that Branson goes about marketing and branding his company that confounds a lot of competitors, and those that follow him don't understand.

One example is the time Branson started from New York to attempt to beat the record for crossing the Atlantic Ocean by boat in  1985. He was doing pretty good, but only around 100 miles from his destination, he ended up hitting a floating Richard%20Branson%20Marketing%20Event.jpgpiece of driftwood; and as a result sank. The media ate it up.

Branson understands that in marketing, it's not the winning or losing, but it's all about your story getting out there. How many times has he done the type of attempts at things that the media loves to cover, and the result was that he didn't succeed at what he attempted, but really succeeded at what he was trying to accomplish?

It didn't matter if the actual event succeeded, that was never his goal. His goal was to create an event, not accomplish one.

His strategy of marketing and branding was to create an event that the media loved to cover. Everything else that happened with the event was secondary.

Other Richard Branson Resources:

Branson on Branson

The Gonzo Way of Branding

Richard Branson's Virgin Success

Thoroughly postmodern billionaire
 
Richard Branson's latest adventure will take Virgin into space

Richard Branson - Life - Philanthropy - Money

Richard Branson, Business Personality

Personal quotes

Richard Branson Biography

Richard Branson News Archives

Branson's Next Big Bet

Richard Branson conquered the world. Now he wants to fly you to space.

Richard Branson

OPEN LETTER TO GEOFF DIXON FROM RICHARD BRANSON

Richard Branson: What a Life

Richard Branson's: Losing My Virginity

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