My RSS Feed, Seth Godin, is a Thinker and Has Just Posted the Following:
When I first wrote about Little Miss Matched about five years ago, they were an obscure little sock company, selling funky socks to fashionable girls.
The idea was beyond clever. 3 to a box, 133 styles, none of them match. Instead of a strategy built around a consultant's vision of 'utility' or a strategy built around cheap or a strategy built around excessive retail distribution and heavy advertising, they built their strategy around one girl saying to another girl, "wanna see my socks?"
I couldn't have invented a better Purple Cow story if I had tried.
The company let me know today that they just did a huge deal with Macys and closed a $17 million funding with the folks who financed Build a Bear's retail rollout. Money isn't the only point, of course, but if that's the way you keep score, that's a long way for a little company to come in five years.
[full disclosure: My feet are sponsored by LMM and I wear their socks every day. I am compensated by the company--they give me 33 free socks a year (not pairs of socks, just 33 socks), worth about $110.]
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06-18-2008, 06:06 AM
Seth Godin RSS feed: The power of remarkable
When I first wrote about Little Miss Matched about five years ago, they were an obscure little sock company, selling funky socks to fashionable girls.
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