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When someone is buying a Ferrari, what are they buying?
A car? A fast car? An expensive fast car? A car built by an F1 company? A gorgeous car? A car with Italian heritage? A car that specific shade of red?
While Ferrari makes cars, thatβs not what they sell.
What Ferrari actually sells is the feeling that people see you, that they are impressed, that they are jealous. They sell attention. They sell smugness. They sell (perceived) sex appeal. They sell satisfaction.
Not cars.
Cars have four wheels and are designed to get you from place to place. A Ferrari might be worth the price even if you never back it out of the driveway (provided people can see it from the street).
So what does this have to do with recruiting and hiring?
Because you think youβre βsellingβ jobs.
Youβre not.
Not by a long shot.
One of the biggest challenges businesses face is that they donβt REALLY understand what they are selling. Are they selling a website tool, or a tool that lets people feel they they truly own their career site (rather than leasing it from an agency)? Are they selling an easy way to make cake, or the feeling that even you (with your minimal time and lack of baking skills, perhaps) can βbakeβ a cake? Are they selling low-cost furniture, or furniture appreciate because they put it together themselves?
Coke knows what they are selling: Happiness. Hence we have commercials with Santa, polar bears, and first dates. You will never see a Coke commercial that says, βIβm sorry you got dumped. Have a Coke and youβll feel betterβ¦β Why? Itβs not about happiness.
Nike sells the idea that anyone (even me! even you!) has an athlete inside them waiting to be let out. Thatβs why their commercials are really about empowerment: from womenβs soccer to Kaepernick, they sell the idea that you can be who you want.
This is the heart of branding: What are you really selling?
So look at your jobs. Is it clear that youβre selling something more than the ability to pay rent/mortgage?
Before you answer that, I need to clarify something. Iβm not specifically talking about your companyβs mission.
I know when I talk about the big ideas of branding, lots of people think that means they need to double down on their companyβs mission, that that is what youβre selling.
And thatβs probably only true about 5-10% of the time.
Most companies do not have missions worth getting out of bed for. For every SpaceX and OpenAI, there are dozens of companies offering reasonable prices on plumbing fixtures or resolving accounting issues. Not exactly a flag most people would salute.
So if you canβt lean on your mission (sorry: making a stable telecom network people can rely on does NOT count as a strong mission to anyone but your shareholders), you need to figure out what you are selling.
That starts by understanding what everyone else sells and how you fit in the bigger picture.
If there were no Hondas, Fords, Toyotas, or GM cars, and the world of cars was comprised solely of McLarens, Bugattis and Rolls-Royces, then Ferrari wouldnβt be able to sell smugness and attention. Theyβd be the reasonably-priced option.
Your context determines what youβre really selling.
So are you selling a law job? Or are you selling the chance to be in the friendly law practice?
Are you selling a nursing job, or are you selling camaraderie and an organization that wants to hear what you have to say?
Are you selling a project manager job, or are you selling the chance to be βthe voice driving things forward?β
Thatβs why saying βWeβre hiring!β puts you in a position of trying to sell a car in a world of people selling satisfaction, smugness and attention. No wonder that ad doesnβt do much.
What are you really selling?
Answer that, and youβll find that your recruiting work might get a bit easier.
π You become what you measure Β»
π The Cost of Ignoring Talent Strategy: A CFO and COOβs Wake-Up Call Β»
π Is your organization biased toward yesterday or tomorrow? Β»
π I used to be an employer brand enthusiast Β»
π The new rules of influence Β»
π Micro-influencer or mega star: What should you be investing in? Β»
ποΈ All 2,500+ (five years worth!) articles from this newsletter are in a searchable archive. Go get βem!
π» Thereβs a scary headline, huh? π
If youβre tired of buying recruiting tools and projects that donβt yield real results (again!), letβs book some time to build your 2025 brand strategy.
No fluff. No BS. Just gutting straight to the chase to make your recruiters and recruiting tactics more effective ASAP.
Iβm booked for 2024, but letβs have a chat about next year. Just book some time for us to discuss your situation.
90 percent of success is not getting distracted.
- Shane Parrish
Four books and one audiobook
An employer brand buyers guide and agency listing
Six courses
150 videos
240 episodes of podcasts
Conversations on 23 podcasts
Seven βdeep diveβ resources
18 articles
All in one place: EmployerBrand.ing
I believe in giving knowledge away for free. But doing so isnβt free. So if youβd like to support the various costs for building all this content, please buy a book or hire me.
***This Newsletter Contains No ChatGPT***