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Rory Sutherland

๐Ÿ‘ค Speaker
2934 total appearances

Appearances Over Time

Podcast Appearances

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

Because human rights lawyers, you know that great phrase, is it Sinclair Lewis or someone, which is, it is difficult to get someone to disbelieve something when their salary is dependent on believing it.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

And just as management consultants have a huge incentive to sell in digital transformation programs to their clients, and therefore we have a culture in business which more or less doesn't assume that any money spent on tech

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

is money well spent?

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

They don't look at the opportunity cost.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

Should we have a better call sector?

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

And it's the same thing.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

A human rights lawyer, it is in their interests for human rights to capture a greater and greater part of public discourse at the expense of democratic bodies.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

And consequently, it's, you know, you're not really in the dispensation of justice.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

You're in the amplification of grievance business.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

It's very different.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

Okay, go on.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

Some of those things, by the way, weirdly, you can resell them for more than the purchase price.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

Because in some cases, the Kelly bag, for example, they won't sell it to you until you've been a fairly reliable customer of theirs for some time.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

And therefore, the price on eBay is higher than the price they charge in the store.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

So, by the way, it's complicated.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

But Veblen goods, effectively, a large proportion of goods depend for their value on being perceived to be expensive.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

So what goes into that, though?

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

Because they were a little guilty of it to a degree.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

No, but they were talking about the store and the service and the lighting.

The Knowledge Project
How to Think Like a World-Class Marketer | Rory Sutherland

My wife just came back from somewhere where there was quite a nice nightdress in Harrods, I think it was in London, which was 1,800 pounds.