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Yeezy | Eric Liedtke | Former Adidas Executive Who Brought Us Kanye West’s Yeezy Brand Shares How to Introduce Product Into the Marketplace + How Celebrities Can Dramatically Impact Sales + Celebrating Success Stories

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November 22, 2024

TLDR: Learn business skills from Clay Clark (including branding, marketing, SEO, sales, workflow design, accounting, etc.) in his December 5th & 6th 2024 workshop; Tim Tebow will also be present. Free 13-point assessment available at ThrivetimeShow.com.

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In this engaging podcast episode, Eric Liedtke, the former Adidas executive responsible for bringing Kanye West's Yeezy brand to life, shares his insights on product introduction, celebrity influence, and success stories in the fashion industry. With a wealth of experience in product design and brand strategy, Liedtke provides practical advice on how to navigate the complex world of modern consumerism.

The Creative Process in Product Design

Liedtke delves into the creative process behind Yeezy products, emphasizing the importance of inspiration drawn from various cultural elements, including:

  • Film and Automotive Design: He mentions his childhood fascination with the film "Akira" and cars like the Lamborghini Countach as sources of inspiration for the Yeezy aesthetic.
  • Consumer-Centric Design: Liedtke discusses the necessity of understanding consumers as multifaceted individuals, focusing on how sports culture intersects with everyday life.

Collaborating with Celebrities

A significant aspect of the Yeezy brand's success lies in its collaboration with high-profile celebrities. Liedtke explains:

  • Celebrity Influence on Sales: He argues that a well-known individual like Kanye can dramatically elevate a brand's profile and sales, citing the success of earlier Yeezy collaborations with Nike.
  • Navigating Celebrity Partnerships: Liedtke advises entrepreneurs to look for alignment in mission and values with any celebrity partnership. Having a shared vision is crucial for a successful collaboration.

Market Testing and Product Launch

When launching a product as revolutionary as Yeezy, Liedtke outlines key steps for market testing and introduction:

  1. Prototyping: The journey begins with drawing concepts and transforming them into tangible prototypes through techniques such as 3D printing and various material samples.
  2. Exclusive Launches: Yeezy footwear was initially introduced at high-profile fashion events, gradually expanding to larger audiences after establishing exclusivity and desirability.

Embracing Sustainability

Now at Under Armour, Liedtke continues to focus on sustainability. He is leading efforts for a plant-based material revolution in fashion, recognizing:

  • Environmental Impact: Traditional materials contribute significantly to waste, emphasizing the need for alternatives that reduce environmental footprints.
  • Future Outlook: He envisions a significant shift in the textile industry towards plant-based polymers, predicting that it could capture a substantial market share within the next decade.

Advice for Aspiring Entrepreneurs

Liedtke stresses the importance of persistent ideation and practical application for entrepreneurs:

  • Know Your Purpose: Understand why you create and what impact you seek to make in the market.
  • Measure Economics: Any innovative idea should be assessed against current market conditions and pricing to ensure scalability within three years.
  • Seek Wisdom and Experience: He encourages budding entrepreneurs to learn from industry veterans and leverage the insights of successful coaches and mentors.

The Final Thoughts

Concluding the episode, Liedtke's overarching message revolves around the importance of embracing the journey of entrepreneurship, remaining open to failures, and being adaptable in a continuously changing marketplace. He highlights the need for innovators in the industry to stay resilient and passionate about their craft.

Key Takeaways

  • Cultural Insights: Incorporate diverse cultural influences into product design for greater relatability.
  • Celebrity Alignment: Seek collaborations with celebrities who share your vision to enhance brand image and reach.
  • Sustainability Matters: Focus on using sustainable materials and ethical practices in your business model to future-proof your brand.
  • Stay Committed: The path to success is riddled with challenges, but commitment to your vision will ultimately lead to fruitful rewards.

This insightful conversation with Eric Liedtke not only reveals the intricacies of building a successful brand but also serves as a source of inspiration for entrepreneurs and creatives aiming to make their mark in the competitive world of fashion.

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