It’s all new!
The latest… new and improved!
It’s an updated, enhanced formula, just released!
Hot off the press, the newest style!
Less fat, more protein, superior quality, finer taste…
Easier to use, better, more comfortable, more efficient…
At one time or another all of these phrases have been used to sell products or services, and they all promote the same thing — change.
It would seem the marketplace must like change or marketers wouldn’t flaunt it; change, therefore, must be good — right?
What’s Good Can Be Bad — “If it ain’t broke…”
But of course change is not always perceived as being good.In their daily quest for new customers, sales people constantly struggle to overcome buyers’ comfort with the status-quo. In organizations of all types people tend to look with fear, uncertainty, and doubt (the FUD factor!) at new policies and procedures, and look with deep concern at new compensation plans or updated benefits programs; and people at all levels regularly cringe at the suggestion that there might be a different or better way to do their jobs!
In the day-to-day real world, change most often promotes uncertainty, doubt, fear, resentment or loss, and this is not news. The concept of “creative destruction” — an economic theory based on the premise that new ideas inevitably bring about the demise of older (more comfortable) ones — was popularized way back in the early nineteen hundreds by Austrian economist Joseph Schumpeter.
Yet without change comes stagnation and potential loss. Current-day examples include Xerox in copiers or Polaroid in instant photography, each experiencing significant declines in market share and profits as competitors introduced new and improved, lower-cost alternatives.
The cassette tape replaced the eight-track, but was then outdone by the compact disc, which was undercut by MP3 players… and the list can go on.