New product: Christmas tree on Hormones

My family likes a good Charlie Brown tree.  The wimpier, the better.  Every year we approach the lot looking for the tree that leans over the most, with the fewest branches to hold our cache of macaroni ornaments.  We don’t like it, however, when it drops it needles before the guy in the suit shows up.

The Christmas tree business is huge, especially in Atlantic Canada.  To the tune of $70M/year, Christmas tree growers are anxious to have their product last as long as possible.  Unfortunately, too many trees drop their needles before they’re sold, often en route to the big markets in the U.S.  This is bad news for the small tree lot owners.   Scientists at the (wait for it…) the Christmas Tree Research Centre recently developed a smart tree that will hold its needles for twice as long.  This is great news for consumers and producers alike.  Consumers get a tree that lasts longer and producers have their problem of perishability  reduced.  New product development is an important aspect of marketing:  recognizing a problem, either consumer or producer, in this case both, and solving it in an innovative way.

How’d the Christmas Tree Research Centre solve it?  By  feeding the trees hormones!  The same hormones that cause bananas to ripen and go bad apparently keep the needles on the branches, allowing your pipe cleaner decorations to swing merrily for a few more days…and your Charlie Brown tree to continue on being Charlie Brown for a little longer.

Pop Up Retail

Pop up retailers are here for a good time, not a long time.  You’ve probably seen them:  stores that you notice just over the holiday period, for example, that weren’t there in the fall and, when you walk by the same spot in February, that store will be gone.  This is the idea of hot trend called pop up retail:  retailers set up shop for short period and then disband when they’ve sold out.  Big brands like Nike, Gap, even Gucci have tried it.

Pop up retail gives retailers a chance to test products in new markets and to build their brand recognition amongst consumers.  It lets small, local retailers take advantage of lower, short term lease opportunities on retail space without committing to large inventories.

An interesting local example is The Latest Scoop often showing up on S. Granville and in Kitsilano.

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