• Skip to main content

Search

Just another WordPress site

Forbes

Paul McCartney And Wings Have A Lot To Teach Marketers About Differentiation

September 28, 2023 by www.forbes.com Leave a Comment

  • Share to Twitter
  • Share to Linkedin

In the music industry, few names are as iconic as Paul McCartney. As one of the founding members of The Beatles, McCartney achieved unparalleled success and fame during the 1960s. However, by 1971, McCartney was at a crossroads in his career.

After finding some success as a soloist and with his then-wife Linda, things began to turn, and not in his favor. His decision to form a new band, Wings, and his subsequent refusal to play Beatles songs both turned out to be remarkable marketing masterstrokes, though they may not have appeared as such in the beginning.

This bold move not only set him apart from his legendary past but also allowed him to establish a new musical identity. McCartney’s journey with Wings offers several valuable lessons for marketers on the power of differentiation in creating a unique brand presence, and also on refusing to rely on past successes, no matter how massive they were.

MORE FROM FORBES Paul McCartney And Ringo Starr Reach Another Billboard Chart For The First Time Together By Hugh McIntyre

In 1971, McCartney faced a daunting challenge—how to step out of the shadow of The Beatles, one of the most influential and successful bands in the history of music. His solution was to form Wings, a new band that would allow him to try new things. While some fans were surely hoping he’d continue creating work that was very similar to the hits they loved from The Beatles, the singer-songwriter had other creative ideas in mind, and in order to convey them properly, he needed to do something to mix up his presentation.

McCartney’s transition from The Beatles to Wings was a brave and daring move, and it demonstrated the importance of embracing change as a creative voice. Just as McCartney embraced a new beginning in his career, businesses must be open to change, willing to pivot and to evolve their brand to stay relevant…or at least be willing to try something new and different.

The first crucial decision McCartney made in getting Wings off the ground was to avoid playing any Beatles material during the initial stages of the band. This was a risky differentiation strategy, and one that many other artists would not have even attempted. The Beatles’ catalog was a treasure trove of timeless classics, and many stars in McCartney’s position might have chosen to rely on the familiarity and popularity of these songs to launch a new project. Thankfully, McCartney understood the power of differentiation in carving out a unique identity for Wings.

MORE FROM FORBES The Rolling Stones Have Even More Music With Paul McCartney In The Works By Hugh McIntyre

Wings embarked on an early tour across McCartney’s native Britain, performing at smaller universities and venues at first. What set this tour apart was McCartney’s unwavering commitment to playing almost exclusively new material. Audiences, many of whom were Beatles fans, were met with unfamiliar tunes as they bought tickets.

McCartney’s decision to take this risk and showcase fresh, untested material was a testament to his belief in the creative potential of Wings. It was a prime example of believing in your product. Just as McCartney had faith in the creative strength of Wings, marketers should have confidence in their products or services and be willing to take calculated risks to showcase their uniqueness.

While it may have been a challenging endeavor at the outset, sticking to his guns ultimately proved to be a smart decision. In 1973, Wings charted an important No. 1 hit with the song “My Love.” This success was a clear indication that McCartney’s strategy of differentiation was paying off. The audience was embracing the new sound and identity of Wings, separate from The Beatles.

MORE FROM FORBES Paul McCartney And Ringo Starr Recently Hit The Billboard Charts Together-But It Wasn’t Their Only Post-Beatles Win By Hugh McIntyre

As Wings continued to evolve, McCartney made another critical move. In 1973, the band released the album Band on the Run , which featured the eponymous title track. That title went No. 1 in both the U.S. and U.K.—the first from the band to do so. This was a turning point for McCartney and Wings, both creatively and in a business sense.

Band on the Run was a massive success and further solidified Wings as a formidable force in the music industry. It hadn’t taken too long for the group to become winners on their own, and McCartney had shown that while he was certainly parlaying his own fame into new success, he hadn’t fully relied on the Fab Four’s catalog for future charts supremacy.

MORE FROM FORBES Paul McCartney Joins Jimmy Buffett On His First Posthumous Single By Hugh McIntyre

After Band on the Run rose to No. 1, McCartney gradually began playing Beatles classics during Wings concerts. By that point, he had nothing left to prove, and he clearly felt more comfortable in digging into his back catalog. Fans were surely thrilled, as they were getting the best of both worlds. When he returned to the music that made him a star, it was a celebration of his brand’s evolution rather than a fallback plan.

McCartney isn’t just one of the most talented musicians and songwriters of all time, he’s also a brilliant marketer. Early on, he knew he needed to make his own music and differentiate himself from The Beatles, which must have been hard to accept. But he took a leap, stuck with it and made it work…and now he can play whatever he wants for the masses who come to see him.

MORE FROM FORBES Paul McCartney And Ringo Starr’s New Single Is A Multi-Genre Hit On The Billboard Charts By Hugh McIntyre

Filed Under: Hollywood & Entertainment Paul McCartney..., Band on the Run, Wings Paul McCartney, Paul McCartney Forbes, Paul McCartney 2023, Paul McCartney business, Paul McCartney marketing, paul mccartney yellow submarine, 80 ans paul mccartney, distractions paul mccartney перевод, distractions paul mccartney demo, we stand together paul mccartney, stand together paul mccartney, teaching with differentiation, london town by paul mccartney and wings, london town 1978 paul mccartney & wings, p mccartney wings

L.A. Rams Star Cooper Kupp Lists Off-Season Oregon Home With Training Facility For $3.5 Million

September 25, 2023 by www.forbes.com Leave a Comment

  • Share to Twitter
  • Share to Linkedin

Los Angeles Rams wide receiver Cooper Kupp is selling his 4-acre Oregon home and personal training facility for $3.5 million. Kupp is ready to part with the property outside Portland, where he trained hard and went on to be named most valuable player in the 2022 Super Bowl.

Kupp, 30, lives with his wife, Anna, and three young sons in the gated home with five bedrooms and four and a half bathrooms. The indoor athletic training facility—a.k.a. “the barn”—became one of the property’s most coveted spaces for the NFL champ.

“Our family made a lot of incredible memories in that home but, man, that barn really is special,” Kupp said in an email. “I did the majority of my off-season prep there in the lead-up to our Super Bowl season. Also, and maybe, more importantly, I got to make memories with my family running around and playing on that turf. We’ll never forget it.”

The 4,600-square-foot space is covered with indoor turf and equipped with lighting, speakers and two bay doors with net enclosures to keep balls from going astray. Retractable basketball hoops are installed at either end. The adaptable space could be used equally for sporting workouts or entertaining.

“We were very intentional in outfitting the barn to make it the best performance center that we could, and I think that work shows,” Kupp said. “I’m going to miss the early morning work in that barn.”

Kupp’s estate is located at 29989 SW 35th Drive in Wilsonville, a small town in the Willamette Valley known for vineyards and produce farms. It features a main house, private one-bedroom guest house and the training barn in a forested setting.

“I think that it’s important to stay rooted in nature,” Kupp said. “There’s something about taking a walk in tall grass, hiking while surrounded by trees or even just planting your feet in the ground that centers your body and mind. That’s an element of the house that we truly enjoyed.”

The home, which has gables reminiscent of Gothic Revival style, features a large circular driveway and entryway leading into a two-story foyer. Inside is a wood-paneled office with gas fireplace on one side and traditional living room on the other.

Large picture windows keep the home filled with light and accent views of the outdoors fountain and lawn. The main level includes a formal dining room with coffered ceiling and chandeliers, and kitchen with two Miele dishwashers, a pull-out utensil pantry, prep sink, Sub-Zero refrigerator and other amenities.

The far wing of the main floor houses the primary bedroom suite, which has sliding doors that lead to a private outdoor patio. The en suite bathroom features heated marble floors, a soaking tub and oversized glass shower. Upstairs are two more bedrooms with en suite bathrooms, and two others with a shared bathroom.

The house also has a bonus room over a three-car garage with enough space for a pool table, ping pong table, game table and seating area. There’s also a second laundry room and mudroom downstairs. The guest house and four-car garage (adapted to a home gym) are located across the motor court.

Last year, Kupp sold his 6,893-square-foot Southern California home in Westlake Village with five bedrooms and seven bathrooms for $5.25 million.

Kupp, a native of Yakima, Washington, comes from a football family. His father, Craig Kupp, was an NFL quarterback, and his grandfather, Jake Kupp, was an offensive NFL lineman from 1964 to 1975, according to nfl.com .

Kupp has had many magical moments on and off the field. “I’m most proud of the memories I’ve gotten to make with my teammates on the field, and the family I’ve gotten to build with my wife, Anna, off of it,” he said. “My journey has truly been blessed.”

The listing agent is Oregon-based Kendra Ratcliff of LUXE .

MORE FROM FORBES GLOBAL PROPERTIES

MORE FROM FORBES NBA’s CJ McCollum Lists His Hard-Earned Trophy Home Near Portland By Lauren Beale MORE FROM FORBES Potomac River Castle Outside Washington, D.C. Seeks $22 Million By Mary Forgione MORE FROM FORBES $7 Million Retreat On Kauai Provides A Nature Immersion Experience By Lauren Beale MORE FROM FORBES Price Comps: What’s Selling And What’s Listing In New York And Los Angeles By Spencer Elliott MORE FROM FORBES John’s Island, Florida, Estate Offers A Lifestyle For The Super-Rich By Lauren Beale

Filed Under: Uncategorized Oregon, Super Bowl, Cooper Kupp, Cooper Kupp house, Where does Cooper Kupp live, Cooper Kupp offseason home, LA Rams, 29989 SW 35th Dr, Wilsonville Oregon, Athlete Home, ..., ny million dollar listing season 7, cooper kupp rams, million dollar listing los angeles season 11, million dollar listing la season 10, new million dollar listing season, million dollar listing new york season 8, million dollar listing la season 11, million dollar listing season 6, million dollar listing season 8, million dollar listing season 9

Estate Along Italy’s Emerald Coast Boasts An Architectural Pedigree

September 27, 2023 by www.forbes.com Leave a Comment

  • Share to Twitter
  • Share to Linkedin

Porto Cervo, a seaside resort along Italy’s Costa Smeralda on the island of Sardinia, is exactly what it was intended to be.

The central town and surrounding swath of the Emerald Coast were founded by Prince Karim Aga Khan and investors beginning in the 1960s as an upscale tourist destination. The development became a favorite of the international jet set as a place to play and stay.

“The Costa Smeralda is among the most sought-after destinations globally for buyers looking for a second home, to be used not only for summer holidays but, increasingly, also for longer periods where they can work remotely or spend their retirement,” says Rarex founder Fernando Velez , who specializes in selling real estate in the region. “The area is proving very attractive not only to national buyers but also to international investors, especially from Northern Europe and North America.”

Among the various architects and landscape designers employed to implement the master-planned community’s creation was renowned architect Luigi Vietti. He is also credited with the design of the village center, the Cervo and the Pitrizza hotels, the Dolce Sposa residential complex and private villas including Cerbiatte, the prince’s residence. Architectural guidelines called for rustic Mediterranean designs using irregular shapes, decorative arches, pastel exteriors and natural unfinished wood.

Velez currently has the listing for a home designed in the 1970s by Vietti. Later renovated, the waterfront residence maintains the original façade and is topped by a red tile roof.

The estate’s 1-hectare site, roughly 2.5 acres, borders two sandy bays bisected by a swimming dock. Views take in the coastline, the landmark Stella Maris church and the yacht club.

The property contains the 450-square-meter (nearly 4,900-square-foot) main villa with a central patio, swimming pool and separate 70-square-meter (750-square-foot) guest or staff annex. The interiors use granite, terra cotta, wood and marble. There are a total of five bedrooms and six bathrooms.

As for the location? The marina is a five-minute walk away while the center of town is about 20 minutes by foot or a few minutes by taxi boat, according to Velez.

“Reachable within a few hours’ flight from major European capitals,” he says, “the Costa Smeralda is a favorite destination for HNWIs [high-net-worth individuals] from German-speaking countries, Eastern Europe, the United Kingdom and the United States, looking for their own private oasis of peace with a mild climate all year round and an unspoiled coastline.”

The asking price for the property is available on request. Two berths at the nearby marina are included.

MORE FROM FORBES GLOBAL PROPERTIES

MORE FROM FORBES Striking Contemporary In A Washington, D.C. Suburb Asks $9.2 Million By Mary Forgione MORE FROM FORBES Expansive Two-Story Condo Enjoys A Five-Star Perch In Toronto By Lauren Beale MORE FROM FORBES Belle Epoque Villa Along The French Riviera Revels In Its Glamorous Past By Lauren Beale MORE FROM FORBES The Elite Sport Of Polo-As Played In London And Santa Barbara By R. Daniel Foster MORE FROM FORBES Modern Austin Home Offers Prime Lakeside Living Set Against A City Backdrop By Spencer Elliott

Filed Under: Uncategorized Porto Cervo, Costa Smeralda, Luigi Vietti, Villa Porto Cervo, Luigi Vietti Architect, Costa Smeralda villa, Costa Smeralda property market, Porto Cervo villa, Porto..., florida state parks emerald coast, 34970 emerald coast parkway, 34901 emerald coast parkway, 34901 emerald coast parkway destin fl, 34715 emerald coast parkway destin fl 32541, 30a emerald coast, deedra lamy emerald coast title, emerald coast magazine best of 2022, emerald coast magazine best of 2023, emerald coast magazine best of 2021

Hyundai And Kia Recall Over 3.3 Million Cars—Here’s What Drivers Should Know

September 28, 2023 by www.forbes.com Leave a Comment

  • Share to Twitter
  • Share to Linkedin

Topline

Hyundai and Kia recalled over 3.3 million of their 2010s model vehicles for fluid leaking issues that could spark engine compartment fires while parked or driving—encouraging owners to park outdoors and away from buildings in case of fire.

Key Facts

Hyundai and Kia, which only a month ago recalled vehicles over an oil pump that could catch fire, recalled more on Wednesday for their anti-lock brake systems—no crashes, fatalities or injuries have been reported.

Hyundai recalled 1,642,551 of its vehicles in the U.S. and 326,942 in Canada, company spokesperson Ira Gabriel told Forbes , due to concerns its anti-lock brake system could leak brake fluid—often indicated by smoking or a burning or melting odor from the car—and result in a fire.

Hyundai owners can continue driving their vehicles, but the company advises owners to park outside—and away from buildings. “Hyundai plans to notify owners to bring their vehicles to the nearest Hyundai dealership for replacement” of the anti-lock brake system fuse for free, Gabriel said.

Kia , which is owned by Hyundai Motor Group uses similar parts, decided to recall 1,730,192 vehicles, company spokesperson James Bell told Forbes , including all models with a hydraulic electronic control unit, a part of the anti-lock brake system that is similar to Hyundai’s after a months-long investigation into them was triggered by Hyundai fire concerns.

Bell shared a statement saying select impacted model owners will be instructed to bring their cars to a Kia dealer for a new fuse.

Key Background

The recall announcement follows several other rounds of recalls by the South Korean auto manufacturers this year—some as early as last month. In August, both Hyundai and Kia recalled some 92,000 vehicles, including the Hyundai Elantra (2023), Hyundai Kona (2023), Hyundai Palisade (2023-24), Hyundai Sonata (2023), Hyundai Tucson (2023), Kia Seltos (2023-23), Kia Soul (2023) and Kia Sportage (2023), due to oil pumps that could overheat and catch fire. In March, they made a similar plea for owners to park outdoors and away from other cars, homes and buildings when they both recalled over 570,000 vehicles released between 2019 and as late as this year for fear they could catch fire, according to the National Highway Traffic Safety Administration. Kia, specifically, had to recall 188,912 of its 2021-23 Kia K5 models due to side curtain airbags potentially deploying improperly and causing injury during a crash.

Surprising Fact

Along with a spate of car recalls, both Kia and Hyundai are being sued by the city of Chicago for allegedly not having specific security technology within their cars that the city says led to a car theft crisis. About 17 cities are suing the automakers for similar reasons, though they have pushed for a U.S. judge to reject them, claiming other factors like city policing policies and TikTok videos that teach people how to break in certain Kia and Hyundai models are to blame for the uptick in car theft, according to Reuters .

Tangent

Recalled Hyundai models this week include the Accent (2012-15), Azera (2012-15), Elantra (2011-15), Elantra Coupe (2013-15), Equus (2014-15), Genesis Coupe (2011-15), Santa Fe (2013-15), Santa Fe Sport (2013), Sonata HEV (2011-15), Tucson (2010-13), Tucson Fuel Cell (2015), Veloster (2012-15) and Veracruz (2010-12). Kia has recalled the Cadenza (2014-16), Forte/Forte Koup (2011-13), K900 (2015-17), Optima (2010-15), Optima Hybrid (2011-13), Rio (2011-17), Rondo (2010), Sorento (2011-14), Soul (2011-13) and Sportage (2010-13).

Further Reading

Hyundai And Kia Recall Nearly 92,000 Vehicles For Oil Pump That Could Catch Fire (Forbes)

Kia Recalls Vehicles With Trunks That Could Trap People Inside (Forbes)

Almost 4 Million Kia Vehicles Could Have Explosive Airbag Inflators, Report Says (Forbes)

Chicago Sues Kia And Hyundai After Spate Of Car Thefts In The City And Nationwide (Forbes)

Filed Under: Uncategorized Hyundai, Kia, Forbes, hyundai model recall, kia model recall, Business, hyundai model..., Hyundai Kia Automotive Group, Million Cars, Hyundai Kia Group, kia recall, hyundai kia finance, hyundai kia careers, hyundai kia machine, hyundai kia dealer, hyundai kia sales, hyundai kia

Billionaire to sell 25,000 bottles of wine worth $50m

September 28, 2023 by news.sky.com Leave a Comment

A wine collection dubbed the most valuable ever sold – worth an estimated $50m (£41m) – will soon be up for grabs at auction.

The collection contains a total of 25,000 bottles of wine from the cellars of electronics billionaire Pierre Chen.

It is due to go on sale in five dedicated auctions by Sotheby’s over a 12-month period, which are together titled The Epicurean’s Atlas.

Red burgundies account for the most valuable lots, with two 1985 methuselahs (six-litre bottles) from the La Tache vineyard valued at up to $190,000 (£155,000) each.

A rare bottle of 1982 Chateau Petrus, a Bordeaux red, is estimated to fetch around $65,000 (£53,000).

White burgundies and vintage Dom Perignon and Krug champagnes are also set for sale as part of the collection.

The auctions – extending around the world – will start and end in Hong Kong, with others in Paris, Beaune (one of the key wine-making regions in France) and New York.

The first, to be held in November this year, will offer a broader sense of the scope and quality of the collection up for sale.

The other auctions will focus on specific regions or types of wines.

Advertisement

Mr Chen is the founder and chairman of Yageo, an electronics component maker whose parts are found in everything from mobile phones to tablet PCs and cars.

He has an estimated net worth of $5.4bn, according to Forbes.

Read more from Sky News: Boy, 17, held over Croydon stabbing Lineker backs new rules for BBC presenters Inside Ukraine’s Russian torture camps

Be the first to get Breaking News

Install the Sky News app for free

“To me, wine is the 9th art,” Mr Chen said in a statement. “It is the only art form one can consume, using senses that other art forms don’t typically involve, such as one’s taste and smell, and it requires creativity on the part of the owner.”

The Taiwanese businessman acquired his “encyclopedic collection” over a 40-year period, according to the auction house – and the bottles being sold are said to represent just a fraction of it.

“This is a cellar in which every bottle of wine has a story,” said Nick Pegna, the auction house’s head of wine and spirits, describing it as “the ultimate wine collection”.

Filed Under: Uncategorized dh 25 000, 25 000 lebanese pounds, bottling wine in beer bottles, additional $25 000 homestead exemption, 25.000 after tax, 25 000 xp an hour for witcher 3, 10 000 bottled air, crossovers under $25 000, 25 000 alpaca, alpaca rug 25 000

Copyright © 2023 Search. Power by Wordpress.
Home - About Us - Contact Us - Disclaimers - DMCA - Privacy Policy - Submit your story