It’s that time of the week again! Welcome back to Relative Advantage Heroes,
our series where we talk all about Relative Advantage, Bountiful Cow’s very own method of growing a brand by finding the clear spaces in audiences, media and culture that competitors have missed.
This week, buckle your seatbelts as we’re talking about a man who needs no introduction, for better or for worse – Mr Kanye West. Outside of his music career, Ye created a multi-billion dollar business with Yeezy, his collaboration with Adidas that ended in 2022. Since then, he’s been going it on his own. So, what exactly has the Yeezy brand been up to since splitting up with Adidas? Well, he’s been advertising in the Superbowl, for one. We all know that an advertising slot in the Superbowl is one of the most expensive events to advertise in, costing a whopping $7m for a 30-second slot, meaning that only the biggest earning brands can afford to advertise in it without even taking into consideration the price of producing the advert itself. Yet despite the super costly advertising slots, Mr West managed to purchase a 30-second one to promote his new Yeezy website – but his advert isn’t necessarily one you’d expect to see during the famous sporting event. At all.
It’s likely that you didn’t watch the Superbowl event live due to the time difference, so bear with me as I try to set the scene. The event itself cuts to one of it’s (many) advertising breaks. You sit back and watch a star-studded after star-studded advert: Uber Eats featuring the Beckhams, BMW featuring Christopher Walken, a Squarespace advert directed by Martin Scorsese. Next up is Kanye West, but with a catch. His 30-second advert is him just sat in the back of his car filming himself on his phone. ‘We couldn’t afford the production costs on top of the advert space, you guys’ is what he says in the advert itself.
So, why does this make Ye a relative advantage hero? The Superbowl is the absolute prime-real estate of advertising, drawing in 124 million viewers. Ye avoided production costs and stood out from the rest by sitting in the back of his car and filming himself. ‘I got some shoes and mmm…that’s it’ is how he signs off. Amongst the ultra-slick, ultra-produced and ultra-expensive adverts that premiered before him, Ye’s blurry, iPhone-filmed one definitely stood out.
From the second the advert aired, it got heavy social media engagement across X and Tik Tok. Various media outlets reported on the Yeezy advert’s effectiveness, with Forbes detailing how ‘creativity and authenticity can outweigh lavish production values’. The thing is, it worked. Yeezy’s exposure in the Superbowl generated an alleged 284,537 orders made on the site and sales of $19.3m in less than 24 hours – creating a cool profit of $12.3m. This really goes to show that you don’t need a super swanky, costly advert to stand out and deliver Relative Advantage – all you need to do is make sure you stand out from your competitors.