5-14-09v2 ISSUE #14:What's Hot 5/15/09 11:45 AM Page 1 What’s Hot Report SPRING/SUMMER 2009 ISSUE 14 Four Hits to Heat Up Your Summer HD Readers (Price: $19.99) ANDY KHUBANI, CEO, IDEAVILLAGE The question I get asked the most, the one that inspired the creation of this newsletter, is “What’s Hot?” These days, my answer to the question is simply: “A lot!” The recession continues to fuel the growth of the As Seen On TV category, and there are more hot items out there than ever. In fact, this just may shape up to be one of the best years in history for our industry. Line extensions seldom deliver the sales of the original item that spawned them. These combination sunglasses are a noteworthy exception. Indeed, this is the third hot item to be launched under the “HD” sunglasses brand. HD Vision aviators topped the charts in 2002. Six years later, HD Wraparounds (WHAT’S HOT, Issue 11) outsold the aviators and continue to sell well. Now there’s this promising up-andcomer, which combines HD sunglasses technology with built-in reading glasses for comfortable reading outdoors. Available from IdeaVillage More information at HDReaders.com Enjoy the issue. As always, I welcome your comments. To send feedback or order reprints, email Theresa@IdeaVillage.com What’s Hot is written and edited by IdeaVillage © 2009 IdeaVillage Products Corp. Sometimes the simplest products become the hottest sellers, and we’re left to wonder: Why didn’t anyone think of that before? This is certainly true of this product, a simple piece of plastic women can use to hide their bra straps when wearing a top that would normally leave their straps exposed. An added benefit: It gives the chest a little lift as well. Available from Media Enterprises/ IdeaVillage More information at StrapPerfect.com Dual Saw (Price: 3 installments of $59.95) In this issue, we cover four recent hot items that are contributing to this new “golden age.” What’s even more exciting is that sales of these products will only get hotter with the weather. That’s because each one, in its own way, is made for the coming months: • HD Readers are simply a must-have for all those people who take books to the beach. • Strap Perfect solves an embarrassing problem with women’s summer clothes, one that used to be unavoidable. • Dual Saw is the perfect tool for all those summer DIY projects. • And Shoes Under is the perfect purchase for people kicking off the season with a little spring cleanup. Strap Perfect (Price: $19.99) Shoes Under (Price: $10) Solutions to the problem of “closet clutter” have long been a staple of the As Seen On TV industry – and with good reason. The category has delivered more than its fair share of hot items over years. This new entry into the category is a drawer-like organizer that stores twelve pairs of shoes and slides under your bed, freeing up precious closet space. Its clear, zippered top also makes the shoes easy to see and protects them from dust and moisture. Available from Telebrands More information at ShoesUnder.com Featured in Episode Two of Discovery’s new reality show Pitchmen, this power tool is shaping up to be a major hit, even at $180. The reason? Amazing demonstrations. In the infomercial, which pits Billy Mays against Anthony Sullivan as dueling hosts (see interview on reverse), everything from a steel pipe to an entire car is cut in half in just seconds. And best of all, there’s no heat and no kickback because of its unique design. A must have for any do-it-yourselfer. Available from Omni Reliant Holdings More information at Dualsaw.com 5-14-09v2 ISSUE #14:What's Hot 5/15/09 11:45 AM Page 2 The Pitchman Goes Primetime. Q&A with Anthony Sullivan and Billy Mays Two of the As Seen on TV industry’s most recognizable spokesmen are the subject of a new reality show on the Discovery Channel called Pitchmen. The show, which airs Wednesdays at 10 pm, follows the exploits of Anthony “Sully” Sullivan and Billy Mays as they work with inventors to bring innovative new products to market. We caught up with the two reality stars to find out if their recent experiences have changed their perspective on the business and what makes an item hot. 1: First, congratulations on the success of your hot new show, Pitchmen! How do you feel about the show now that you are seeing it in edited form on TV? Billy: Seeing the show now is a lot different than shooting it. I mean, I always thought it would look good, but it’s more of a masterpiece than I ever could have imagined. I’ve been blown away. Sully: I’m especially blown away by the ratings. We tripled what Discovery wanted and the ratings are holding, so we must have done something right! The finished show is so much more than we signed up for. Initially, Billy and I thought it was going to be a ‘fly on the wall’ show with some cameras trailing us around. Then after three weeks of production, Discovery and Thom Beers asked us for 13 “A” stories and 13 “B” stories. Essentially 26 stories. We initially balked at the idea, but then we just threw ourselves into it 110%, and here we are. Billy: We owe a lot to the creative storytelling of Original Productions and Discovery. They took our show and made it not just about us, but about the people and the products they bring us. The show is really about the American Dream and how it’s alive and well. Sully: Yeah, I think I am most proud of the fact Discovery honed in on the “dream” aspect. I think as a viewer you get invested in these inventors and really want them to succeed. Discovery also captured the Billy/Sully moments that make the show entertaining and help people get invested in our characters. 2. The part where you decide whether to ‘green light’ an item is particularly interesting. How do you decide whether an item is going to be hot or not? Sully: Obviously, it’s impossible to produce a bona-fide hit every time. As good as we are, we still don’t have a crystal ball. But to be honest, we went down the usual checklist and chose the products that we thought had the best shot. Billy: We look at things like … Does it have mass appeal? Is it demonstrable? Does it solve a common problem? And how big is that problem? I always say, ‘The bigger the problem, the bigger the product. Part of it is also thinking outside of the box. There was once this little product called OxiClean, and no one wanted to give it a shot and sell it on the road. Then I started messing with options, putting ink and iodine in a bowl, and then made it turn white with OxiClean. The rest is history. So beyond the checklist, you have to go that extra mile. Sully: The bottom line is we really tried hard to pick products that would work. But Pitchmen is also about getting a shot, and there is always some success in failure. I think some of the most compelling moments are those when we break bad news to inventors. It’s very humbling and humanizing to have to look an inventor in the eye and say we did the best we could, but it wasn’t good enough. 3. So it starts with the product. Then you have the creative concept and, of course, the pitch and the pitchman. If you had to assign percentages to these components, how much is each responsible for the success of a hot item? Sully: I think product is king. We have hits with just voice-over, like Heel Stick. We have hits with Billy and I, like Dual Saw. And we have individual hits, like Jupiter Jack, Mighty Putty, G2, Point and Paint. We both have different styles, and Billy is a powerhouse – there’s no doubt. Billy: The product is definitely king. The pitch is only as good as the product. But I think the pitchman shares equal responsibility. He can be 40% to 50% of the success or failure of a product. It’s really about the delivery and bringing out the qualities of the product. You have to find products that have star power and then bring that out, make it have an impact – even when you’re naming it. I’ve always liked corny, quirky names – like Jupiter Jack or Mighty Putty. 4. Do you ever get a clear sense of why items succeed or fail? If so, what are the most common reasons? Billy: I don’t get too close to it, and I don’t get hung up. America votes and says whether they want the product or not. I don’t try to overanalyze it. Numbers don’t lie. Sure, you have your opinions. You go back and tweak it. But if it doesn’t work after that, you gotta move on. There are a lot of good ones out there, and for every one that doesn’t work, there are two or three that will work. Sully: I think the most common reason for failure is emotional attachment to a product. You have to take your emotions out of the equation when making key decisions. Of course, I take every failure personally, but hindsight is always 20/20. As Billy said, I also think that the envelope has to be pushed with regard to creative. I hate the word “wow,“ but coming up with that memorable demo or line that everyone remembers has a lot do with whether something succeeds or fails. 5. How strong is the correlation between ‘hot on TV’ and ‘hot at retail’? Have you ever seen an item fail on TV and then do well at retail, or vice-versa? Sully: If you walk into Bed Bath & Beyond, you’ll see a slew of items that have not worked on TV but are everywhere at retail. Stick N Click, Swivel Mop, Dryer Balls, Miracle Sponge, Engrave It. The products still have to be quality, but I think that people see the ‘TV style’ packaging next to a product that has heavy TV exposure, and they assume it’s an As Seen on TV item. Billy: The rule is ‘strong on TV, strong at retail.’ Everything I had that was hot on TV was hot at retail. Again, it’s really just a numbers game. People watch it on TV, you get those eyeballs, and then they buy it at retail. So I try to load that gun as heavy as possible and then pull the trigger. I disagree with going to retail too soon, though. I understand why retailers are demanding it: They want a piece of the action from the beginning. But I think if you let an item get some traction on TV first, you’ll get stronger results at retail. When the public can’t get it right away, well, they’ll want it even more. 6. Last question: Tell us something interesting or funny that happened during the filming of Pitchmen that didn’t make the final cut. Sully: What happened to me during the filming is that I realized that this whole industry is more than about the money. It’s about the people behind the product. What Billy and I do inspires people – even kids love Pitchmen. We have over 1.4 million people a week tuning in and following Pitchmen, and this is only season one! I am truly honored that we had a chance to represent the industry, and I hope we continue to do a good job. These are tough times for a lot of people, and if Pitchmen can help one family improve their life or inspire one person to act on their dream, then that’s good enough for me … As for one thing that’s funny: Wait till episode 13. I haven’t seen it yet, but I think it will be one of the funniest episodes in the history of Discovery Channel. Billy: Episode 13 will definitely be funny! Anyway, Sully’s right, especially about the kids. It’s been great to be able to mentor kids, help people with their products and launch new successful items, all at the same time. It’s a nice ride for us, and it’s helped take the industry up another notch.