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Gérald Marolf

👤 Speaker
407 total appearances

Appearances Over Time

Podcast Appearances

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20Product: On Running's CPO on How to Create Emotion Through Product | Why 99% of Products Fail and How to Create Cults Around Products | The Biggest Product Mistakes On Have Made & Lessons Learned with Gérald Marolf

Thank you for having me, Harry.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20Product: On Running's CPO on How to Create Emotion Through Product | Why 99% of Products Fail and How to Create Cults Around Products | The Biggest Product Mistakes On Have Made & Lessons Learned with Gérald Marolf

It's a pleasure to be here.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20Product: On Running's CPO on How to Create Emotion Through Product | Why 99% of Products Fail and How to Create Cults Around Products | The Biggest Product Mistakes On Have Made & Lessons Learned with Gérald Marolf

I think the idea of good product, at least for me, started with something slightly weird, which is perfume.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20Product: On Running's CPO on How to Create Emotion Through Product | Why 99% of Products Fail and How to Create Cults Around Products | The Biggest Product Mistakes On Have Made & Lessons Learned with Gérald Marolf

Perfume for me was the unlock in terms of that.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20Product: On Running's CPO on How to Create Emotion Through Product | Why 99% of Products Fail and How to Create Cults Around Products | The Biggest Product Mistakes On Have Made & Lessons Learned with Gérald Marolf

Why do you sell something that is just a smell and create a bottle and something around it that people actually crave for it?

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20Product: On Running's CPO on How to Create Emotion Through Product | Why 99% of Products Fail and How to Create Cults Around Products | The Biggest Product Mistakes On Have Made & Lessons Learned with Gérald Marolf

Well, why do you buy a smell, right?

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20Product: On Running's CPO on How to Create Emotion Through Product | Why 99% of Products Fail and How to Create Cults Around Products | The Biggest Product Mistakes On Have Made & Lessons Learned with Gérald Marolf

It activates a lot in the human brain and it becomes part of you.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20Product: On Running's CPO on How to Create Emotion Through Product | Why 99% of Products Fail and How to Create Cults Around Products | The Biggest Product Mistakes On Have Made & Lessons Learned with Gérald Marolf

But you leave a lot to the consumer when you do fragrances.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20Product: On Running's CPO on How to Create Emotion Through Product | Why 99% of Products Fail and How to Create Cults Around Products | The Biggest Product Mistakes On Have Made & Lessons Learned with Gérald Marolf

And you probably leave too much to the consumer because how much they use it, how often, and then you lose the smell of it.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20Product: On Running's CPO on How to Create Emotion Through Product | Why 99% of Products Fail and How to Create Cults Around Products | The Biggest Product Mistakes On Have Made & Lessons Learned with Gérald Marolf

But first things first, I think you mostly fall in love with the product packaging, the bottle, whatever it is.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20Product: On Running's CPO on How to Create Emotion Through Product | Why 99% of Products Fail and How to Create Cults Around Products | The Biggest Product Mistakes On Have Made & Lessons Learned with Gérald Marolf

And that was already there, 80s, 90s, before everyone started to create all the beauty and everything behind that.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20Product: On Running's CPO on How to Create Emotion Through Product | Why 99% of Products Fail and How to Create Cults Around Products | The Biggest Product Mistakes On Have Made & Lessons Learned with Gérald Marolf

I think that the fragrance industry was pioneering basically that.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20Product: On Running's CPO on How to Create Emotion Through Product | Why 99% of Products Fail and How to Create Cults Around Products | The Biggest Product Mistakes On Have Made & Lessons Learned with Gérald Marolf

Yes, and I think that is probably the idea or the red thread even behind it.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20Product: On Running's CPO on How to Create Emotion Through Product | Why 99% of Products Fail and How to Create Cults Around Products | The Biggest Product Mistakes On Have Made & Lessons Learned with Gérald Marolf

What is nicer about perfume is that it even costs less to make than the actual packaging, which for us is slightly different.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20Product: On Running's CPO on How to Create Emotion Through Product | Why 99% of Products Fail and How to Create Cults Around Products | The Biggest Product Mistakes On Have Made & Lessons Learned with Gérald Marolf

But every great product, you should probably trigger somewhat of,

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20Product: On Running's CPO on How to Create Emotion Through Product | Why 99% of Products Fail and How to Create Cults Around Products | The Biggest Product Mistakes On Have Made & Lessons Learned with Gérald Marolf

that slight discomfort of challenging yourself of, is it the right thing for me?

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20Product: On Running's CPO on How to Create Emotion Through Product | Why 99% of Products Fail and How to Create Cults Around Products | The Biggest Product Mistakes On Have Made & Lessons Learned with Gérald Marolf

And not all footwear does that.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20Product: On Running's CPO on How to Create Emotion Through Product | Why 99% of Products Fail and How to Create Cults Around Products | The Biggest Product Mistakes On Have Made & Lessons Learned with Gérald Marolf

But when it does that, you're already one step ahead in actually falling in love with the product itself.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20Product: On Running's CPO on How to Create Emotion Through Product | Why 99% of Products Fail and How to Create Cults Around Products | The Biggest Product Mistakes On Have Made & Lessons Learned with Gérald Marolf

Yeah, because it's impossible to engineer because we're all different.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20Product: On Running's CPO on How to Create Emotion Through Product | Why 99% of Products Fail and How to Create Cults Around Products | The Biggest Product Mistakes On Have Made & Lessons Learned with Gérald Marolf

How do you stimulate curiosity?

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