Saturday, November 7, 2009

Ahoy! Blue Ocean ahead!

About a year ago I finished “Blue Ocean Strategy,” an interesting book penned by two esteemed academics. Unlike other marketing books full of frothy creative ideas, “Blue Ocean Strategy contends that success can be achieved through a proven systematic approach. This approach doesn’t focus on besting your competition; rather it makes your competition irrelevant. When you create your own Blue Ocean, you sail it alone on the way to success like you’ve never imagined.

The book was enlightening and, I thought, wholly achievable. After all, they outline the system for creating a blue ocean. With a little creative thinking (an abundant resource at RWA), we could create our own blue ocean. One year later, we’re still sharing the seas with our competition.

I had begun to question whether blue oceans existed anymore when I came across an article in the New York Times this week entitled “Using Marijuana Stores to Market Food.”

It appears that the Attorney General’s decision to end the Bush administration’s practice of frequency raiding marijuana dispensaries has spawned a most unexpected result – the emergence of a blue ocean. We can also credit the AG with a whole new crop of business innovators aptly dubbed “ganjapreneurs.”

One such ganjapreneur is Hapa Sushi, a Colorado sushi restaurant chain. Recognizing the obvious connection between getting high and getting the munchies, Hapa Sushi is tapping the newly liberated marijuana market with ads touting the restaurants’ proximity to dispensaries around town. So residents can now grab a baggy to roll and a California roll all in the same trip.

It’s maybe not quite what the authors had in mind, but it’s a hell of a blue ocean.

Sail on, Hapa Sushi. Sail on.

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