MIT Sloan Management Review Article on In Search of the Collaboration Sweet Spot
- 3m
- Sam Maglio
- MIT Sloan Management Review
- 2019
It’s not how often brands work together but how many work together that matters for customers.
For brands, the past decade has become the age of the “x”: Versace x H&M, Kanye West x Bon Iver, Cheez-It x boxed wine. The heavy hitters, in seeking to hit even more heavily, started collaborating more frequently, and these (sometimes unlikely) pairings have struck a chord with consumers.
The “x” cleverly denotes that working together multiplies the benefits for the product — and the end user — over and above what either brand would have accomplished solo. However, the overwhelming majority of collaborations to date might be better characterized as a plus sign because collaboration to date tends to be an exercise in applying the equation 1 brand + 1 brand = 2 brands. Rather than cheapening either brand, collaboration boosts the public image of both.
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MIT Sloan Management Review Article on In Search of the Collaboration Sweet Spot