advertisement

While many people make no distinction between creativity and innovation, in reality there is a huge difference between the two. Here’s how to tell which one you’ve got.

Why Innovation Is About More Than Bright Ideas

BY Debra Kaye and Jure Klepic4 minute read

While many people make no distinction between creativity and innovation, in reality there is a huge difference between the two. Not all bright ideas are innovative, even if they appear to be quite creative. And being a game-changer, not creativity, is what makes the difference between a market-altering product and one that has limited appeal.

In terms of business and commerce, a creative idea stops short of being groundbreaking if consumers aren’t willing to buy the resulting product or service readily and enthusiastically. Innovation pulls multiple threads together for consumers (quality, usefulness, coolness, look, feel, price, and life-enhancement). While creativity may be unique and even admired, it may not captivate others in a big enough way to change the marketplace. Or, it may not offer benefits that shift the market.

It may be an extraordinary expression of an idea that goes no further than a single manifestation. There is an old advertising adage that says, “it’s not creative unless it sells,” meaning that the primary purpose of advertising is to sell a product or service, not win creative awards. If the product doesn’t sell, then it doesn’t matter how creative the advertisement is. “Where’s the Beef?” was a widely successful ad campaign for Wendy’s, but it was pulled due to quality issues at the chain in 1985.

Kanye West got it when he said, “The concept of commercialism in the fashion and art world is looked down upon. You know, just to think, ‘What amount of creativity does it take to make something that masses of people like?’ And, ‘How does creativity apply across the board?’” Creativity for business is not just discovering the new and different, but turning it into something powerful and persuasive that motivates people to open up their wallets.

Compass Newsletter logo
Subscribe to the Compass newsletter.Fast Company's trending stories delivered to you daily

Making a connection between ideas and consumer wants, needs, fears, and dreams is essential if marketers want to achieve success. It’s not enough to compete on price alone, because a competitor can always undercut that price. Today’s consumers are willing to pay more for something if they love it, especially if they see value that it’s a great product. Why are people paying hundreds of dollars for an iPhone when there are perfectly good phones available at a much lower cost? When the economy begins to rebound, firms that have relied on price cutting instead of innovating won’t have anything new to offer. New ideas that sell are needed every day to satisfy customer demands, enter new markets, gain competitive advantage, or even just to keep pace with the competition.

When a company hits on something that resonates instantly with people, magic happens. Consumer buy-in at that point seems almost ridiculously easy, like it was with the iPad, Swiffer, and Target’s designer clothing collaborations when the affordably priced Missoni line sold out in less than 15 minutes in Chicago and New York stores and crashed their website with consumer demand.

The distinction between creativity and groundbreaking also applies to marketers who are trying to use social media to connect with customers. Being creative is not just coming up with a great gimmick. During this year’s Super Bowl, Toyota thought it was being creative when it came up with a Twitter campaign for the Camry. The intent was to engage users with Tweets to the effect of “Ready for Sunday? Make sure you’ve entered for your chance to win a 2012 Camry!” The effect was that there was no engagement and consumers simply felt they were being bombarded with unsolicited messages.


ABOUT THE AUTHOR

Debra Kaye is an international innovation expert specializing in culture and brand strategy for consumer businesses. She helps clients define new areas of business opportunity, develop new products and restructure markets for long-term growth. More


Explore Topics