How to become a Key Person of Influence

img

Man invoices consumer brands for wasting his time. So far, four have paid.

September 4, 2009 | By Paul Ryan

mccruddon daytum 300w Man invoices consumer brands for wasting his time. So far, four have paid.Consumers have more power than ever before… and don’t they know it.

Take Paul McCruddon, a London-based blogger and digital strategist at Imagination Digital who grew weary of brands believing that his time was less valuable than their own and decided to take matters into his own hands.

Between 15 June and 31 July, McCruddon used online life-data-tracker Daytum to record how much time he spent waiting for service in restaurants, shops, public transport, etc. Having calculated that his time was worth £102 per hour, he invoiced 50 consumer brands a total of £6,250 for his time they had wasted, generously offering them a 75 percent discount on his shelf price.

Of course, McCruddon has been documenting the process and reaction on his blog, #SixWeeks, and on Twitter.

On the homepage of his site, he writes:

What riles me is that all this time ultimately helps the company’s bottom line and market share – and I get nothing back for my time as a result. The fact that I’m in Pret a Manger and not EAT on any particular day results in the former having my attention – and wallet – dedicated to their brand, as opposed to their competitor’s. What’s more, other people who are not yet customers at that moment in time with the brand that I’m giving my time to are more likely to want to interact with a company that has an ABC1 male (if that’s what I’m called these days) interacting with them, and so give that brand their attention too. And yet this time and attention is not reflected in the cost of these companies’ products and services. Prices instead are dictated by raw costs, overheads and item mark-up, with a calculation made as to the number of customers, covers, viewers or users who will support that brand over a period of time. At no point in this calculation is any credit given to consumers for spending their time with a brand – and I believe it should.

So far, four of the companies McCruddon invoiced have actually paid – a shrewd marketing move on their behalf. Pret a Manger even took it one step further, paying the invoice, plus the cost of his lunches during the period (£22), interest on the amount owed and £1 to cover his walk to the post box to mail the invoice. Other brands to come to the party so far are EAT, Little Chef and Squat + Gobble.

In contrast, the managing director of Cranberry shot an invoice back to McCruddon to cover the time spent reading his letter and blog. Since then, many people have sent McCruddon counter-invoices for the time they have spent reading his blog and Twitter site. (McCruddon has featured his favourites online.)

All of this is most certainly a publicity stunt – McCruddon has already acquired a degree of fame from it – but it says far more profound things about the state of play between brands and consumers.

In the age of social media, brands need to do everything they can to meet their customers half way, or at least be publicly perceived as avid listeners. If they fail (or should that be #FAIL), their customers can rise up in a matter of minutes and raze to the ground reputations that have taken decades to build.

And this demonstration of empowered consumer impatience is brought to you from England, the birthplace of the queue.

Telstra Business Catalogue – Out Now

Want an ad like this?

Introducing:

  • Australia’s 1st 4G Samsung phone: Samsung Galaxy SII 4G
  • Australia’s 1st 4G tablet: Samsung Galaxy Tab 8.9 4G
  • The latest Windows® Mobile 7.5  Phone and a free 60 day trial of Microsoft® Office 365

Click here for more.....

  • http://thatunreliablegirl.blogspot.com MsUnreliable

    I’m going to hazard a guess that the companies who counter-invoiced didn’t actually -nee-d to spend their time reading McCruddon’s blog and Twitter whilst they waited for their food or were stuck on hold for 20 minutes. In their attempt to be smart, they’ve done themselves a major disservice and shown just how little they care about their customers time.

    [Reply]

blog comments powered by Disqus

Find Us on facebook

Latest Video

Waiting for the great leap forward? I think it’s already here [VIDEO]

Throw away your keyboard. Discard your mouse. All you need to do to control your computer is wave your hands about. No instruction manual needed, just a teeny, tiny device that reads your hand motions. Really. The revolution in human-computer interaction just took a massive leap forward.

More>>

Latest Comments

Ant Mart

Anthill Amabassadors

Tech & Innovation

Sponsored by AusIndustry

AusIndustry is a specialist program delivery division within the Department of Innovation, Industry, Science and Research.

More>>

thumb

Growth & Export

Sponsored by How to become a Key Person of Influence

Key People enjoy a special status in their chosen field because they are well connected, well known, well regarded and highly valued.

More>>

thumb

Marketing & Media

Sponsored by Google

What do you know about Google AdWords? This hub was developed to answer the questions you already have, and those you haven’t thought yet to ask.

More>>

thumb

Anty-Climax

Sponsored by Antmart

It’s a group buying site specifically created for entrepreneurs and business builders.

More>>

thumb

Upcoming Events

MAY
29

Want more leads and customers? Half day event to get big outcomes from a little budget.

Have you ever wondered… Why every industry has only a few businesses that thrive and get more leads? And they don’t suffer from cash flow problems or lack of leads, even when there is an ‘economic downturn’. They don’t have to ‘push’ or make stacks of cold calls.

More>>

MAY
22

WEBINAR: How to turn your knowledge into products… and build a global empire in your underpants!

This webinar is all about how to unlock your valuable industry knowledge and turn it into a product. It’s about how to increase the value of your business and take control of its future.

More>>