Tuesday, April 29, 2014
Hiding More Than A Big Belly
Recently, a woman named Janet Vertesi tried to hide the fact that she was pregnant - from the Internet.
Vertesi, an associate professor of Sociology at Princeton University, decided to conduct a personal study into how to hide her pregnancy from companies looking to reach her and her spending money.
Pregnant women are very valuable to marketers. They not only need many items when the baby is in the womb, but also long term care, including diapers, swing sets, cribs, clothing, and more. According to her, the average person's marketing data is worth 10 cents. A pregnant woman's marketing data is worth $1.50. That's a pretty significant difference!!
Her story is one of challenges as well as insight into how much companies truly do track your consumption behavior. She has been able to take away what it takes to avoid being collected and tracked from big data companies.
She first made sure there was no news of the event on social media - a crucial step as many companies use this tool first and foremost. She personally called or emailed the news to friends and family. She even went as far as using only cash when buying baby items, so there was no paper trail on her credit cards.
One of the biggest things she can take away from this was that her activity of dodging advertising and tracking did tend to raise some red flags. Her husband tried to buy $500 worth of Amazon giftcards with cash in order to buy a stroller and the clerk at the Rite Aid pharmacy said that the company had a legal obligation to report excessive transactions to the authorities. Seriously?!
This may lead to a conclusion that we have moved into a time that hiding personal information from companies to avoid targeted advertisements may not be possible anymore. Companies are striving to know more and more about consumers to influence their decision making. While many do not mind targeted or personalized ads, some do, and they may not be comfortable with the amount that big companies know about them.
Friday, April 4, 2014
Mentos Rolls out Hilarious Monty Python Commercial Parody
Recently, the lesser-known gum brand Mentos is rolling out a
new advertising campaign much like a parody to the movie “Monty Python and the
Holy Grail”. In this TV spot, a medieval knight refuses to fall down because
his gum is still fresh.
This campaign is for promotion of their pellet-type of gum,
Mentos Pure Fresh Gum, which launched about 5 years ago in the U.S.
This is an estimated $10 Million dollar campaign, mostly
running on television spots during comedy shows. This company has been
struggling, mostly after their failed introduction of UP2U, which was launched
in 2010. UP2U was a pack of gum that allowed consumers to pick from two
different gum choices in one pack of gum. The line was discontinued last year
because of lack of demand.
The company has tough competition from larger sugarless gum
brands such as Wrigley’s Orbit and Mondelez International's
Trident. They did have a larger market share before their discontinuance of
UP2U, which started out well, but eventually sales fell.
This campaign focuses on getting “back to the
basics” of gum, touting freshness and long-lasting taste.
I think this is a great campaign; not only because
it makes me want one of those delicious little gum pellets, but because of the
hilarious parody they portrayed. Many people know and love Monty Python and the
Holy Grail, and seeing a commercial like this can stick in their mind next time
they are at the grocery store looking for gum.
What do you think of the commercial or the campaign?
Do you think consumers will remember to buy Mentos gum next time they purchase
a pack? Or do you think that consumers will simply laugh at the commercial, and
forget about it afterwards? Comment below!
Wednesday, March 26, 2014
#TheBusinessofHashtags
I didn't like hashtags when I first heard about them. I
thought, “Why would anyone do that?!” and ragged on my best friend for using
them on Instagram.
Fast forward a few years later and I love them. Especially
after the hilarious skit on Jimmy Fallon’s new late night show (the first one
with Justin Timberlake was funnier – if you have not seen this, stop reading
and go look it up on Youtube. That is an order.). Sometimes the hashtag is the
only way to describe a situation.
So what are hashtags good for? How can businesses use
hashtags to their advantage?
Since its start in 2007, hashtags have spread from Twitter
to all social media platforms such as Facebook, Instagram, Google Plus, and
Vine. Hashtags can have several purposes. For starters, hashtags can help with search
ability. Users are presented with a vast amount of information on social
platforms, so searching for a particular hashtag can help correspond to their desires
and needs.
Hashtags can also be used to tap into user-generated
content. Advocates of a brand or trend can even start a hashtag that may
promote your business. Firms can join conversations around these hashtags, and
help steer the conversation back to their site.
Hashtags are also a great way for companies to start a
conversation with their users and receive feedback. Many businesses will start
the conversation around a hashtag, like #TVJustforme, (a real hashtag from Cox
Communications) and have users pass the hashtag around, sometimes for an
incentive, sometimes just for exposure. Users many times have an incentive to
pass the hashtag around for chances to win prizes, discounts, or just the
chance for their 15 minutes of fame interacting with a cool brand.
Finally, hashtags are a great way to add humor to any dull
moment. Although companies have to be very careful in their humor, many times
hashtags serve as a punch line, and can receive positive word of mouth from
these efforts. This can also help with a
more boring or not-as-exciting brand, like an electric company.
Even though hashtags are a great business tool, businesses
must be cautious not to overuse them. Users get tired of the constant
hashtagging and also get tired of businesses pushing their hashtags in consumer’s
faces. Hashtags are a great marketing tool, but brands must have a strong plan surrounding
a hashtag they are introducing, and be consistent with their promotion.
What do you think about hashtags? Do you like them or use
them? Do you think it’s a good idea for businesses to use them? Comment below!
Wednesday, March 19, 2014
McDonald’s 3 Tactics to Boost Sales in 2014
As a broke college student, especially now that Spring Break
has come and gone, I have eaten my fair share of McDonalds.
But until last week, I had not eaten at the chain in several
years. Over the week long break, I visited those Golden Arches once or twice
(maybe three times if we’re being honest) J
McDonald’s, back in 2012, hit a deceleration in sales,
stemming from several factors such as a more educated bracket of consumers, and
a push from their target market for more
organic, healthier food choices.
Since that time, the company has worked to improve their
image to the swaying market, and boost revenue by using three tactics:
improving marketing, emphasizing core products, and stepping up their digital
and e-commerce footprint.
First, the company wants to revamp the marketing strategies
from marketing organized by product to marketing organized by consumer groups
such as millennials, families, and adults. They also just hired a new chief marketing
officer, Deborah Wahl.
They are also taking a step back and focusing on their core
products – burgers and chicken. Last year the company rolled out 4 new products
too quickly – the blueberry pomegranate smoothies, Egg White McMuffins,
McWraps, and a new line of Quarter Pounders. This year, according to Peter
Bensen, McDonald’s Chief Financial Officer, the company will concentrate on its
core products. They just recently introduced the Bacon Clubhouse burger, one of
the company’s essential products.
Finally, the chain is moving more toward a digital space.
The company just hired its first chief digital officer, Atif Rafiq. It plans on
trying out mobile payments and ordering, digital ordering in various markets,
and maybe even a loyalty program specific to McDonald’s. This move would be
very different for the company, who has not done this in the past. Mr. Bensen
acknowledged that this would be new exciting move for McDonald’s, and although
it would not be 100% perfect, if they didn’t seize the opportunity and waited
until everything was perfect, they would miss their chance for new customer
loyalty and increased sales.
What do you think of McDonald’s 3 new marketing tactics? Do
you think they will have a positive or neutral effect on sales? I think if the
company is willing to make changes and adjust their marketing plans, they have
a good chance of their risk being paid off. Do you think after McDonald’s rolls
out some new changes like their loyalty program or more core-focused products
you will have a better impression of the company?
Comment below!
Sunday, March 2, 2014
Maxim Magazine Bought by Biglari Holdings, a Restaurant Holding Company
Biglari Holdings, a restaurant holding company that owns chains
like Western Sizzlin’, has bought the racy magazine from Alpha Media Group on
Thursday, February 27, 2014.
The restaurant holding company plans on keeping the current
management team intact and headquartered in New York. Exact terms were not disclosed to the public.
Chairman and CEO of Biglari Holdings, Sardar Biglari, said
that this was a long term investment. He announced that the inclusion of the
magazine in the company’s other holdings, such as Steak and Shake, will benefit
the company’s overall financial strength. They have plans to build up the
magazine and energize more readers and viewers.
The magazine seems to have been slowly declining over the
past year. In this previous year, 2013, the company was almost bought by Darden
Media Group, which planned on taking the magazine to television and radio. The
deal fell through when Darden could not make up the funds in order to purchase
the magazine.
According to recent statistics from the Publishers
Information Bureau, print ad pages fell 17% at Maxim. In the overall industry,
the decline was a much lower, 4.1%. The decline has put pressure on Alpha Media
Group to sell off the magazine and salvage the value the magazine still
obtains.
What do you think of this recent acquisition? Do you think a
restaurant holding company has what it takes to turn the declination of the
magazine around? What do you think needs to be done so that the magazine can restore earnings? I think it seems a little out-of-place that a restaurant holding company is buying a men's entertainment magazine, but it will seem interesting what Biglari Holdings will do with the magazine.
Comment below!
Wednesday, February 19, 2014
Facebook buys yet another social software: the WhatsApp App for up to $19 B
Facebook announced Wednesday, February 19, that they have
plans to buy the mobile messaging site WhatsApp. The company plans on buying
the app for up to $19 Billion. It is paying $12 Billion in Facebook stock, and
$4 Billion in cash for the messaging application. Finally, the app’s staff will
receive $4 Billion in restricted stock that will mature over the next four
years.
Here’s the kicker: it is the largest acquisition by a long
shot. Facebook only paid about $715.3 Million to buy out Instagram, as opposed
to the possible $19 Billion WhatsApp gets.
Facebook said they are keeping the app separate from the
other social networking sites, as it did with Instagram.
The recent buyout must have been largely due to the increased
amount of users WhatsApp has. WhatsApp has been bounding in users and message
counts since August 2012 and growing every month. The App currently has around 450 Million monthly active users.
Facebook CEO and founder Mark Zuckerberg believes this
messaging app will continue to grow to a Billion users.
It will be interesting to see if/what will change now that
the buyout has taken place. In some ways Facebook seems to be taking over
social. Not that anybody seems to mind though. It doesn't seem like much has changed, yet we
have to ask – what is going to happen to our privacy when almost all of the social
platforms are owned by the same company? Does it matter?
Comment below!
Wednesday, February 12, 2014
Chick-fil-a making moves to switch to antibiotic-free chicken...but in 5 years
Chickfila announced this week that they are moving toward
switching their traditional chicken breasts to antibiotic-free chicken. This move, however, could take up to 5 years
to integrate throughout the franchises.
A spokesperson from Chickfila said that a shift this significant
will take longer than expected because it requires a change in every step of
the supply chain. The company knows that this move will take them a while
because of the amount of demand the franchise requires. Any supplier willing to
take them on will have to know this up-front.
The FDA, just few months prior to Chickfila’s decision, released
an update to consumers about phasing out particular antibiotic usage in farm
animals. The antibiotics are added to animals feed or water to help the animals
gain weight on a faster scale.
Each year, more than 2 million Americans are infected by
what researchers call “Superbugs” or bacteria that grow and spread by the
overuse of antibiotics. According to the CDC, some 23,000 people have died from
these “superbugs”.
Chickfila says that their decision was not stemmed from the
FDA’s report, but rather by listening to their customers’ needs and responding
to what they ultimately want. Their customers stressed having antibiotic-free
chicken, and the company responded.
According to Jean Halloran, director of Food Policy for Consumer’s
Union, Chickfila’s 5 year plan is better than never. Jean said that ultimately Chickfila
deserves credit for taking an important step to protect public health.
Chickfila, in 5 years, will be among Chipotle and Panera
Bread who have also pledged to serve meat that is free of antibiotics.
What do you think? Do you think Chickfila is just responding
to the FDA’s report, or are they genuinely listening to their customer’s
suggestions? Leave your comments below!
Friday, February 7, 2014
Google, among others, shows their support for the gay community
Recently, Google has changed the image on their homepage to
winter Olympic player sketches in a sequence that represents the gay pride flag.
Google is doing this in response to Russia’s prohibition of
the discussion of gay rights around minors. Although the country has allowed
same-sex activity between consenting adults, there are currently no laws prohibiting
discrimination on the basis of sexual orientation or gender identity and
households for gay couples are ineligible for legal protections that
opposite-sex couples inhibit. Russia has
been known to be very conservative and one of the most hostile countries
towards homosexuality.
Google isn't the only one speaking out about Russia’s
intolerance for gays. AT&T also spoke out in their blog, saying that they
support all gender equality globally and condemn violence, discrimination, and harassment
towards LGBT persons abroad. They even stated that Russia’s law was harmful to
the gay and transgender communities and society.
Chobani and DeVry University were among others that spoke out
towards Russia’s laws. Both stated that they are against Russia’s regulations
and that they support efforts to improve LGBT equality.
I, personally, love to see big companies take a stance when
it comes to a controversial issue. It shows that they do not care about the
customers or supporters they may or may not lose, they care more about the
issue at hand. It makes me so happy to see Google was willing to take a stance,
and that billions of people will see that message when they use the search
engine. With Google and AT&T showing their support, I hope more companies
join them and stand up for equality and respect for everyone.
What do you think of Russia’s anti-propaganda law? Do you
think Google and AT&T are doing the right thing? Leave comments below!
Saturday, February 1, 2014
Superbowl XLVIII Viewers: Get ready for the munchies
According to Ad Age research, this Superbowl viewing will
have more packaged food and beverage companies advertising than any year since
2003.
Twelve grocery brands, ranging from Cheerios to Heinz, are
expected to air nineteen advertisements during the game. That’s up from nine
the year previously, and far more than earlier in the century. In the 2000’s,
three or four grocery brands would typically buy Superbowl ad time. The ads
were typically taken more by car companies, global businesses like Google, and big-whig
cable and phone industries.
The usual beer, soda, and snack companies will appear again in
the viewing including Coke, Pepsi, Budweiser, and Doritos. Among the bigger
companies will also be smaller brands like SodaStream and Wonderful Pistachios,
which debuted last year.
The game is a “second Thanksgiving,” according to Claudine
Cheever, chief strategist at Saatchi & Saatchi, New York whose clients
include General Mills and Cheerios. The game is prime time for advertisers to
reach a wide variety of clientele.
The rise of digital video, mobile, and social engagement opportunities
in recent years have increased the Superbowl ads appeal. Companies like Budweiser
and Doritos have already released teaser videos to increase excitement and
engage with consumers on several platforms. Strategists want to encourage
consumers to view the teaser ads and look for their “sequel” on the Superbowl.
The teaser ads are a fantastic way brands can increase awareness and engage
consumers through an integrated campaign.
Finally, grocery brands, now more than ever, are buying time
for the Superbowl. Grocery brands are realizing that by using ads during the
Superbowl, they can have a dual goal of raising long-term awareness with
game-day consumption. Brands like Chobani are doing this by advertising during the
Superbowl to raise company awareness, but pushing for game-day consumption by sharing
recipes for Superbowl dips and super snacks using their yogurts.
What are your thoughts? Do you think brands like Chobani and
Cheerios will succeed in such a greasy, anything-goes type of event? What do you think about grocery brands advertising during the Superbowl? Will they ultimately be successful?
To read more, please visit this website: http://adage.com/article/special-report-super-bowl/super-bowl-advertising-turned-a-packaged-food-fight/291440/
Wednesday, January 22, 2014
The Positives and Negatives of Dove's "Real Beauty" Campaign
Almost everyone in today's day and age have seen an ad or a commercial for Dove's "Real Beauty" campaign featuring real women in the ads while promoting Dove's body washes, soaps, and creams.
This campaign, launched 10 years ago, won
a significant amount of advertising awards along with a boost of $1.5 Billion
in sales.
However, Dove was the source of some
controversy following the campaign. Some questioned Dove's intentions by saying
Dove was capitalizing on women's poor self-esteem issues. Others had issues
with Dove over the fact that they were promoting real beauty, while still
continuing to sell products like cellulite cream. Jennifer Pozner,
executive director of Women In Media
& News, believes Dove is at odds with its message and the products they
sell.
On the other hand, Dove has put their proverbial “money where
their mouth was.” Dove knew that saying all these things without doing anything
about these issues would disprove their credibility as a brand. Dove created a
fund to partner with Girl Scouts, The Boys & Girls Club, and Girls, Inc.
They created this fund to engage in discussions about online bullying and raise
awareness about issues real women and girls have about their bodies.
Their ad campaigns including “Evolution” and “Real Beauty Sketches”
have been among the most viewed advertisements on the internet. They emphasize
their use of real women in their advertisements and have relayed in interviews that
they want to “alleviate pressure on the next generation.”
Pozner admits that the message has its concerns but does consider
it necessary: “Until we get to a point in the culture where the dominant
messages about girls and women are not focused on their physical bodies, then
we do need to actually reaffirm a broader and more innate, internal definition
of what beauty is.” (Huffington Post, Quote)
Dove, in my opinion, is getting it right. They found a way to
link a white bar of soap to a current issue affecting women nationwide. Although
this ad campaign is 10 years old, the main message still rings true. In a world
where nearly every image is photo shopped and re-touched, I love that Dove
breaks the mold and puts real women in their ads. I love the values and beliefs
they stand for, and I will continue to buy their products because I believe in
the work they are doing.
To read more, here is a link to the article: http://www.huffingtonpost.com/2014/01/21/dove-real-beauty-campaign-turns-10_n_4575940.html
What are your opinions? Tell me your thoughts! Comment!
Wednesday, January 15, 2014
Can Instagram be as influential as social media platforms?
Most companies in today's society can be found on several social media platforms like Facebook or Twitter. But what about the smaller, up-and-coming social platforms such as Instagram and Vine? For many firms, they are just now learning the major social media outlets, and do not know where to start and what content to publish on the smaller social sites.
Instagram can be intimidating for many companies. Industries like machinery, mechanics, or electronics may think, "What can we post that consumers would care to see?" However, if those companies are not involved in every aspect of social media, they are already behind.
So how can companies have an online "footprint" and make the most out of these free platforms? The answer is simple. Engage their audience!
To start, they should set up goals. What are they trying to accomplish? What do they want their customers to "do"? How can their customers interact with the brand?
Instagram is a great way for companies to give their customers an inside look at what they do. Consumers like to see what a corporation does on a daily basis. When consumers are given a preview of how that company operates, it gives them a greater sense of clarity at the integrity of that company. By giving them a connection to a closer look at the day-to-day operations, the customers have a more positive view of the firm.
Besides giving their customers a inside glance, companies also want to be careful about what content they post. Depending on the firm, they could post tips or tricks to accompany their products. The key is to engage their audience and make their customers want to continue following the company to see what the it posts.
They should always remember what their end goal is and make checkpoints along the way to make sure they are still in line with what they are trying to accomplish. Finally, they should have fun!
To learn more about Instagram and how business' can use this tool, check out this awesome article : http://www.marketingpower.com/ResourceLibrary/Pages/newsletters/b2b/2014/engage-customers-instagram.aspx
Subscribe to:
Comments (Atom)




