Remember the Price is Right (TPIR)? Among the digerati and urban hipster set Bob Barker’s legacy doesn’t get much mindshare, but the show is still going strong, if in a more heavy-handed attempt to garner a younger audience. Drew Carey now hosts, but the premise is much the same as the original show of the 1970′s (which, it’s interesting to note, was itself a revamped version of the true original show of the 50′s and 60′s). Today the venerable Price now has a website, Twitter feed and other trappings of the modern media era.
I started thinking about The Price Is Right today when a coworker blurted out the name during a meeting. It dawned on me that even back in 1972, The Price Is Right was miles ahead of its time. TPIR preempted a lot of trends that came up years, even decades, later. As one of the vanguard programs in ‘reality TV’(which is basically what early TV gameshows were forerunners of), I’ve come to believe The Price Is Right is instructive to today’s businesses, the media and the marketing industry.
Building a program from the constituency on up.
I don’t know if the original producers envisioned it as such but let’s give them the benefit of the doubt. The entire original Price Is Right concept (I’m talking the iconic Bob Barker version) was brilliantly built around the primary viewers of the show – stay at home wives and moms. Obviously these are the women who are near TVs during the shows airtime (midday during the week). But The Price Is Right does more than target based on availability of eyeballs, it let the people define the program (how very ‘social media’of them, indeed)
Consider for a moment the notion that being a stay at home wife or mom is a vocation no different than being a lawyer, doctor, graphic designer or construction worker. As with any trade, there are skills involved; time management, multi-tasking, organizing, financial dealing and of course procurement. This last one, in more conventional terms, is called shopping and it is a defining job responsibility of state-at-home moms and wives.
Not surprisingly, like all other professions, there are degrees of savvy, skill and quality in shopping. Good shoppers know the stores to visit for certain products. Good shoppers know which prices are high or low. Good shoppers like to wheel and deal and work the system (coupons, buy-one-get-one, frequent shopper points). Good shoppers, like any other group of skilled workers, also compare notes, provide tips and enjoy the fruits of bragging rights. In short, they too like to be recognized for their skills just as any other professional. The Price Is Right understood this driver decades ago and built a show around it.
Every aspect of the Price Is Right is about shopping and the benefits of being good at it. Additional layers of risk and reward are added to make it exciting: the thrills of roll-of-the-dice randomness, the suspense of ticking clocks and the mayhem of group sourcing (remember how the audience yells bidding suggestions to contestants vying for the opportunity to play a game?).
Social Media 1.0
Think about it and you’ll realize that The Price is Right leveraged a lot of the principles of social media a full generation ago. Per the mention above, it provided for group sourcing. It also plucked people from the studio audience to participate thus elevating amateurs to near-professionals – the same 15 minutes of fame people now get publishing on YouTube, Flickr or Facebook. And of course every show ended with a solicitation for people to call or write in for tickets to be in the studio audience. It might be a stretch to call this ‘joining a community’. Then again, for thousands of women bound together by the joy and skill of bargain hunting, price guessing and shopping-for-rewards it could also be argued that fans of the Price Is Right were a powerful community already and that TPIR simply gave them an early aggregation point (the same thing a lot of brands are trying to do with social media today). It’s also worth noting here that advertisers would kill today for access to a captive, engaged shopper community of stay at home moms and wives.
Product Placement 1.0
Remember the stir a few years ago around “Madison & Vine”? The concept – a reaction to the breaking down between marketing and content in a fragmenting media space – was to blur the lines between programming and advertising. It spawned forced new terms like ‘advertainment’, it led to books, brands making movies, and more than a little buzz. Before the social media gurus jumped in and took over the spotlight Advertainment gurus were pontificating on how insert brands into storylines in a way that walked the fine line between selling and selling out. Had they looked at dusty old Price is Right they’d have seen a sterling example.
TRIP was a natural fit for brand integration. Numerous products could be featured. They’d play a central role in the show. There was time to deliver a little sales pitch (I recall Turtle Wax and Rice A Roni being Price is Right standards).Think about it, here you had people watching other people guess the price of products that were being advertised to them as they played. Even more brilliantly, the Price Is Right built tiers into the process of integrating brands. Small packaged goods figured into most of the games as devices for gameplay. more treasured items like washers, driers, fur coats and ‘a new car!’were served up as prizes. And finally, the Showcase Showdown was full of luxurious products from every category including exotic hotels and airline travel. All were given a collective ‘oooooh’from the infatuated (and no doubt, teleprompted) audience. TPIR sold its sponsor’s brands hard because doing so benefited the brands, the show and most importantly excited the professional homemaker who’s middle income dreams were fulfilled with the chance to one day drive off in that convertible Malibu.
You can almost hear brands lining up to be involved. Can you imagine the premiums you’d command today with the trifecta of seamless brand integration, perfect and large viewer audience and a narrative the encouraged participation and sharing.
Price Is Right 2.0
Sadly, the Price Is Right hasn’t kept up with the times too well. Sure is still has a warm and inviting host. And sure it has comely aspirational women fawning over the products. But the attempts to appeal to college students feels forced and out of place (most college students know the price of beer and books but otherwise aren’t savvy shoppers). The online presence of The Price Is Right is superficial and feels equally forced. It’s done little to follow its customers online besides apply the lipstick of social media by setting up the requisite Facebook page, Twitter account, flash games, and chat rooms. It looks, in short, like a website conceived by a television-centric company that read a few books on social media and shopped for an ‘interactive agency’to work through the punchlist.
I believe The Price Is Right could recreate its greatness again in the social media age if they took the core elements of what made them great the first time and applied them to today’s blog-hopping stay at home mom’s. TPIR could leverage a brand still associated with shopping and fun and by using the tools those mom’s have come to know and love establish itself again as the expression of homemaker savvy. By respectfully reflecting what it means to be a professional homemaker today, TPIR could again find brands beating on their door for a chance to participate all the while gathering a valuable community whose data, eyeballs, input and wallets would command an absolute premium.
In the meantime though, The Price Is Right offers those of us building brands, selling programs and trying to build communities a great case study in how to do it. It all boils down to one word…
Alignment.
What The Price Is Right did was align its program, game play, strategic partners (the brands) and talent around an understanding of the lives of the women it wanted to reach. This methodology doesn’t start with tools or technologies. It starts with people’s lives and a desire to look deeper that demographics and man on the street interviews. The Price Is Right appealed to the psychology of what being a stay at home mom/wife meant in terms of worldview, self-worth, desires and ambitions. It reached a lot deeper than the execution of the show would indicate at first blush.

I live in an old farm house with a front porch. On that porch is a wicker sofa. If all goes well, on Sunday mornings I park myself on this sofa, drink coffee, read the paper, and mull things over. I decided it might be a good construct for posting to my blog. So, I’m creating a Front Porch section to do that. Below is dispatch one from my front porch. (No doubt your click finger is twitching for the RSS button.)
Defining Culture or Keeping Up
Hive: A Board Game without a board.
The Moose Report
One Final Word
So why does the Skittle social media experiment feel more ‘media’than ‘social’? It has all the ingredients du jour – FB, YouTube, Flickr, Twitter – yet it still doesn’t live up to the holy grail promise heralded by the pundits of Web 2.0.