Wed. 08/05 – Crystal Pepsi and the Harbingers of Failure
Cool Stuff Daily
Reggie Risseeuw and Marques Pfaff
4.6 • 739 Ratings
🗓️ 5 August 2020
⏱️ 18 minutes
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| 0:23.3 | like you sign up for your one dollar a month trial at shopify dot com slash setup |
| 0:28.7 | welcome to the good news ride home for Wednesday, August 5th, 2020. |
| 0:40.3 | I'm Jackson Bird. |
| 0:41.3 | Do you live in a zip code that's a harbinger of failure? |
| 0:46.3 | The newly discovered secret to anglerfish's parasitic success. |
| 0:52.3 | The woman who returns items left behind in used books to their owners, |
| 0:57.8 | and the 87-year-old athlete who just became the oldest man to complete the Ironman World Championship. |
| 1:05.5 | Here are some of the cool things from the news today. |
| 1:10.3 | Going back into the archives on this one, did you know that there are certain zip codes |
| 1:15.9 | whose purchasing behavior can predict what products will flop and even which political |
| 1:21.3 | candidates will lose? |
| 1:23.2 | So-called Harbinger customers or Harbinger households are the folks who liked Diet Crystal Pepsi, |
| 1:30.4 | Frito-Lay lemonade, Colgate, Kitchen, Entres, and other doomed products, |
| 1:35.5 | and whose penchant for those unpopular products is so reliable, it can be used to predict if a |
| 1:41.4 | future product will succeed or not. This is based on a 2019 paper in the |
| 1:46.7 | Journal of Marketing Research, which built on a previous 2015 study from the same journal. The 2015 |
| 1:52.8 | study coined the term harbingers of failure and noted, quote, their early adoption of a new product |
| 1:59.5 | is a strong signal that a product will fail. |
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