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‘Do we have to do this?’ Lego’s Troy Taylor and Initiative’s Chris Colter on letting go of ‘safe’ brand management to jump into Nitro Circus – double digit growth and MFA Grand Prix follows

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Contenuto fornito da LiSTNR Support. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da LiSTNR Support o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

Lego prides itself on being safe. Nothing wrong with safe, says ANZ Vice President and GM Troy Taylor, a safe-handed 21-year company veteran who’s presided over 16 consecutive years of growth. So he baulked when Initiative came up with a plan to partner with Nitro Circus to put the boosters on its new Lego City Stuntz range. He started to sweat. “My first thought was Mother energy drinks. Women in bikinis. Concerned mums in the stands waiting for kids to fall off motorbikes …. This sounds a bit risqué for a Danish brand … Do we have to do this?” per Taylor. “I was the resistor.” But sometimes, he says, “You just have to let go.” So he did – and Lego’s partnership with Nitro Circus delivered in spades, going global in the process. The upshot? Double-digit sales boost, massive jumps in desire and awareness – and a connection with an audience it hadn’t previously been reaching. Plus, it won the MFA’s 2023 Grand Prix. Lego’s Taylor and Initiative strategy & product chief Chris Colter unpack the process, the “cool currency” challenges in marketing to kids via their parents, why Lego Masters shows no signs of slowing, and the importance of sidestepping ‘care washing’ – even when you care more than most.

See omnystudio.com/listener for privacy information.

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363 episodi

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iconCondividi
 
Manage episode 379933270 series 2501526
Contenuto fornito da LiSTNR Support. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da LiSTNR Support o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

Lego prides itself on being safe. Nothing wrong with safe, says ANZ Vice President and GM Troy Taylor, a safe-handed 21-year company veteran who’s presided over 16 consecutive years of growth. So he baulked when Initiative came up with a plan to partner with Nitro Circus to put the boosters on its new Lego City Stuntz range. He started to sweat. “My first thought was Mother energy drinks. Women in bikinis. Concerned mums in the stands waiting for kids to fall off motorbikes …. This sounds a bit risqué for a Danish brand … Do we have to do this?” per Taylor. “I was the resistor.” But sometimes, he says, “You just have to let go.” So he did – and Lego’s partnership with Nitro Circus delivered in spades, going global in the process. The upshot? Double-digit sales boost, massive jumps in desire and awareness – and a connection with an audience it hadn’t previously been reaching. Plus, it won the MFA’s 2023 Grand Prix. Lego’s Taylor and Initiative strategy & product chief Chris Colter unpack the process, the “cool currency” challenges in marketing to kids via their parents, why Lego Masters shows no signs of slowing, and the importance of sidestepping ‘care washing’ – even when you care more than most.

See omnystudio.com/listener for privacy information.

  continue reading

363 episodi

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