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Text File | 1996-01-29 | 1.2 KB | 33 lines | [TEXT/MSWD] |
- 1.5
- Long-time dean of
- Madison Avenue
- theorists, Reeves
- invented the doctrine
- of the Unique Selling
- Proposition (USP) and
- used it to help build
- the Ted Bates
- advertising agency to
- an annual billing rate
- of nearly $300 million
- by the time he
- relinquished the
- chairmanship in 1966.
- Reeves' USP for Colgate
- Dental Cream - "it cleans your breath while it cleans your
- teeth" - kept it at the top of the US toothpaste market for
- almost a quarter of a century, although, as Reeves
- admitted, every dentifrice cleans your breath. He was the
- arch-adept at solving the problem which he most neatly
- expressed in the story of the client who came into his
- office, threw two newly-minted half-dollars on the desk
- and said: "Mine is the one on the left. You prove it's
- better." His success at building brand-loyalty made the
- fortune of a whole range of items, from Viceroy cigarettes
- ("20,000 filters") to Carter's Little Liver Pills ("Helps you
- break the laxative habit"). But possibly his most significant
- job was the $1.5 million television-spot campaign which he
- wrote for Eisenhower in 1952. Students of democracy are
- still arguing about the ethics of selling presidents like soap
-
-