Here's the excerpt from today's NY Times snapshot courtesy of Elizabeth Olson:
WHEN it was building its brand, the beverage maker Honest Tea stayed off
the conventional marketing grid, opting for samplings, recycling events
and word of mouth to reach its audience. Now the company’s founders are
taking an alternate route to telling a button-down corporate history
and are instead laying out their story, warts and all, in the pictorial
form of a comic book.
“People ask me if it’s a graphic novel, and I say that it’s graphic, but
not a novel,” said the Honest Tea co-founder Seth Goldman. Together
with Barry Nalebuff, who was his professor while at the Yale School of
Management, the two are sharing their company-building lessons in
illustrated panels that track the brand’s start in 1998 — and its many
missteps and near disasters — through to the flourishing company that
was bought in 2011 by Coca-Cola.
To lay out the dozen years of Honest Tea’s ups and downs before that
point, Mr. Goldman borrowed an idea from something he loved doing with
his three sons — reading comic books. He wanted to illustrate the
company’s story, and persuaded Mr. Nalebuff, who has written five other
books, to come aboard.
I wondered if the world really needed another
business book,” said Mr. Nalebuff, “but I thought that if we were going
to write one, it should be really different.”
They also are adopting a nontraditional approach to marketing the book,
set to be published on Sept. 3 by Crown Business, a unit of Random
House. The pair, with a budget they did not disclose, are focusing on
online and social media efforts, and have created a Web site, missioninabottle.net, where, for $25, a customer can buy a book, a signed bookplate and a T-shirt.
Also available is a $2,100 package for 100 books and other merchandise
or a consultation (price negotiable) for people who want to start
socially responsible businesses or to inspire their employees.
The book’s marketing is separate from the company, whose advertising
spending was $1.5 million in 2012, according to figures from Kantar
Media, a unit of WPP. The book may attract some brand customers, but it
is aimed at would-be entrepreneurs, with the first year’s proceeds
destined to go to three nonprofits, including the National Foundation
for Teaching Entrepreneurship, which works with high school students on
developing start-up skills.
Before they committed to a graphic-style history, Mr. Nalebuff studied
how to write a comic book. But the graphic style had typically not been
linked to more ponderous business stories, an area for which it may be
well suited, said brand experts.
“The graphic approach blends with the Web and digital communications,
including the infographics, that all of us use,” said Michel Ruby,
executive creative director at Stein & Partners Brand Activation.
“Pictures offer a strong sensory experience.”
Using graphics, said Mark Evanier, a Los Angeles-based comics historian,
makes “a book more accessible because people think it’s fun. It feels
not too heavy, boring or pedantic, and communicates an idea quickly. And
it makes the characters larger than life.”
Translating the Honest Tea brand story idled, said Mr. Nalebuff, until
the comic book artist Sungyoon Choi was hired to convert their
experiences into dozens of illustrations. Even so, Roger Scholl, the
book’s editor at Crown Business, decided to add a text-only summary
after each of the book’s section to sum up the lessons learned from the
illustrated material.
“We’re aiming for the start-up crowd,” said Mr. Scholl, “and we needed
something fresh in the business category, and this format makes it
easier to digest.”
Mr. Goldman says that some of the company’s crucial survival moments
were easier to illustrate than to explain in print, like the warrants
that Mr. Nalebuff designed to attract investors, but that allowed the
co-founders to keep control of the company, a financial arrangement Mr.
Goldman concedes, in one book panel, that he did not then understand.
Putting the book together, said Mr. Nalebuff, helped him focus on what
kind of brand they had built, noting that, “for the first five years we
thought we were a tea company. That’s why we added tea bags to the
line.”
“It wasn’t until years later after our beverages, Honest Ade and Honest
Kids, took off that we realized the most important word on our name
wasn’t ‘tea.’ It was ‘Honest,’ ” he said. “Our brand meant authentic,
healthier, organic products.”
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