from Sydney Morning Herald: Public relations, point of sale, online, event marketing, even a branded pub in a suitably gritty part of town. Every element of the marketing mix was there at the launch of Absolut’s spin-off brand, Cut, bar one, a media schedule.
The only thing missing was the one element that has been present for the launch of a major spirits brands since marketing was invented. Last week, Absolut made marketing history when it launched without a cent being spent on traditional advertising.
The drink company opted instead to lease its own bar, brand it and stage a major photography exhibition there.
Absolut’s strategy flies in the face of marketing convention; an average of $3 million is spent on advertising to launch a brand.
Thanks to Johnnie Moore for the pointer.