SPRING 2008 VOL. 9 NO. 1

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From Barbie to Basketball Freshman Fellows get the inside scoop from some of the most influential leaders in business

Undergraduate Michael Seiler, co-vice-president of the undergraduate marketing association TerpAMA, has had plenty of marketing classes. But it was listening to a presentation by Richard Dickson ’90, Mattel Brands’ senior vice president of marketing, media and entertainment, worldwide, that was truly inspiring for Seiler.

Dickson spoke to Smith students as part of the fall 2007 Freshman Fellows Speaker series, which brought students together with business leaders from a wide range of industries and viewpoints. The Smith School’s Freshman Fellows Program is one of several Undergraduate Fellows programs, which offers students small-scale specialized academic concentrations with hands-on experiences and close interaction with faculty, alumni, peers, and industry professionals.

Dickson spoke to students about branding in a world of increasingly complex media. Dickson discussed Barbie’s cultural relevance over the decades. “Relevance is key to the brand—Barbie is and has been a reflection of style, trends and culture,” said Dickson. He discussed the need for Mattel to adapt to a world of increasing media messaging and fragmentation by positioning Barbie as a “Living Brand,” one that experiences culture and trends at the same time that consumers do.

Another such speaker was Sonny Vaccaro, a sports marketing legend best known for brokering major endorsement deals with basketball stars Michael Jordan and Kobe Bryant. Vaccaro spoke to a packed auditorium about his experiences during more than four decades in sports marketing.

Vaccaro spoke candidly about the shoe deals he brokered for top athletic apparel companies Nike, Adidas and Reebok, and about paying coaches and universities to outfit their basketball teams in the shoes of companies he represented. He also lobbed criticism at the NBA and NCAA — the NBA for an age-limit rule that prevents teams from drafting players under 19 years old, and the NCAA for what he called unfair practices that profit off student athletes without benefit to the players after they’ve left the team.

Students appreciated this exposure to high-level leaders and sophisticated ideas. Seiler said of Dickson’s presentation, “What interested me most was the notion that today’s market is drastically different than even 10 years ago. Today’s consumer is much more skeptical, and as a result the communication between brand and the target market becomes more of a conversation.”

But what impressed Seiler even more was Dickson’s willingness to stay afterwards to talk with students. Vaccaro also made himself very available to students, even handing out his e-mail address, encouraging them to write to him and promising to respond to all correspondence.

Read more about the Freshman Fellows Speaker series on our Web site. If you are interested in speaking to Smith students, contact Elizabeth Mitchell, emitchell@rhsmith.umd.edu

--CT, PB, RW

  SMITH BUSINESS Magazine

Copyright 2008 Robert H. Smith School of Business