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Big Orange Slide

Wednesday, May 23rd, 2012

Standing on the RIM of greatness

February 22, 2012 by Randy Stein

Illustration by Julia Morra

RIM has been in the news a lot lately, and almost entirely for negative reasons. In an attempt to turn around their negative momentum they announced a new (sort-of) CEO. Promoting a current employee was clearly not the  dramatic change analysts were looking for, as the stock continued to get hammered. What I did find interesting was the new CEO’s comment that a top priority was to find a new CMO to help increase their desirability. A CEO’s overt declaration that marketing in itself is an essential piece of the puzzle is music to any marketer’s ears. After years of of being in the shadow of marketing behemoth Apple, I know that marketing alone can’t turn RIM around. I am, however, convinced that it can help create a vision and purpose around which a company can rally.

The more I thought about it, the more I realized that for an advertiser/marketer, this is the challenge of a lifetime. Sure, it’s fun to work on hip, healthy, established brands like Apple or Nike. But I’d argue there’s no greater challenge right now in the marketing world than RIM. To give people a compelling reason to trade in their iPhone for a Blackberry, or their iPad for a Playbook, now there’s a challenge to test your mettle. It’s worth remembering that Apple was on its last legs in recent memory. And for that matter, it was mere years ago that Blackberry’s hold on the phone market seemed unbreakable.

Blackberry already has a truckload of assets, not the least of which is that Blackberry is still the smartphone of choice for most young teens and tweens. Advertisers are all intimately aware of the “get ‘em young, keep ‘em for life” parable. But for some reason, Blackberry’s foothold begins to slip. Most iPhone and Android users over the age of 30 once owned a Blackberry – so the challenge in this case is winning them back, instead of initiating trial.

While some see RIM as a sinking ship, I see it as a diamond in the rough. They fall under a category that has always been earmarked by fickle consumer behaviour and fluctuating trends. Today’s loyal Android user may well be tomorrow’s Apple convert and vice-versa. I’m of the mind that RIM’s reclaimed supremacy is out there waiting to be realized. Of course, the window of opportunity is closing; RIM will need to act quickly and decisively.

As a proud Canadian, I look forward to the day that RIM gets its mojo back.  And if RIM’s future CMO is reading this, I can be reached at: randystein@griplimited.com

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