From the “Damn it, why didn’t I think of that” file comes a story about Maurice Harary, 23, an enterprising NYU student who upon hearing the demise of Osama bin Laden, secured the domain osamadeadtees.com and fired up a commerce site selling t-shirts, posters and stickers with varying levels of taste commemorating the kill shot heard ‘round the world. Twenty-four hours later, Harary had sold 10,000 shirts at $12 apiece – you do the math.
What this truly illustrates, aside from the morbid fashion sense of thousands of people, is that when a unique and timely opportunity presents itself in today’s world of online ubiquity, the venerable processes of traditional marketing strategy are rendered impotent.
Harary wasn’t the only guy to cook up a site selling shirts of this nature. He was one of the first to market with a product and — equally important — with a dynamic social network to spread the word. Alacrity, creativity and connectivity did all the heavy lifting.
We all know that if this idea was hatched in a corporate boardroom the hurdles to market would have been innumerable. From discussions of appropriate taste, to analyzing fulfillment costs, or sourcing production vendors, scalability and pricing analysis and hey, while you’re at it, do a competitive analysis of other sites to see who else is doing this so we’re not just replicating an idea… and perhaps we should check with the folks in Legal, too.
With that said, there is obviously a place for analysis and consensus. Most projects do require a strategic application of experience, communication and process, but thanks to the instantaneous dissemination of news and pop culture through social media, what is becoming more and more common are instances where intuition, independence and most of all speed are the deciding factors for success. By the time traditional avenues of strategy development have been explored the opportunity has likely passed.
Good ideas and execution of those ideas are ridiculously perishable nowadays and especially fragile in the presence of committee. Someone who was not burdened by that fact made a cool $120K in a day. A lesson all of us in this business can learn from.
Paul J. Chamberlain is VP of Interactive Marketing at BRAINtrust Marketing
He does not own an “Obama got Osama” T-shirt.