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10 min posts Reference to external blog

BIG wastes of space?

This week for Thursday, we were assigned readings on retailers, one of them being this article on The Wall Street Journal. According to the article, Home Depot, Sears, Best Buy, and Wal-Mart – famous “Big Boxes” are all going for smaller stores. From my perspective, when the Box is too big, people get distracted or irritated – focus on the customer expectations (which does not equate to their wants or desires). I agree with what this post on the Canadian Marketing Blog which says, “the new generation has different needs.” Recent demographics (Boomers – Gen X/Y) and economic changes (downturn) have had a big impact on the way people shop now.

To add on to the post, I think it can be disadvantageous at times when there is too much choice. When there is too much to choose between, it can be hard to know where to start at times and it generally ends up taking more time to choose. Like the Wall Street Journal article mentioned, these big box retailers don’t need to have every variety of pens for a customer to be satisfied. Customers are not likely to be browse-shopping (with leisure time) in, for example, Staples to find a preferable pen. There just needs to be a few basic pens and a few special ones of a reasonable quality and design and price in the store when they get there. This way, retailers could eliminate decision and finding time for the customer and rent and inventory (as well as other associated) costs. The rest can be bought from a Big Box or online (especially since this type of product does not require trying or personal observation like clothing and cars do).

The Canadian Marketing Blog post brings up a good point. The market has been saturated with Big Box retailers and now it needs to change. “Small is back in style.” This blog post was written two years ago in March 2009  whereas the article was written March of this year, and according to it, there are big plans about to emphasize smaller stores by 2012.

An example I can especially relate to (I’m a bookworm!), a large bookstore like Chapters versus the ebook readers and sites like Amazon.com.

Source: http://www.chapters.indigo.ca/ereading/devices/kobo-ereader-onyx/

as opposed to

http://3.bp.blogspot.com/_SIn9ea2W6HQ/ScOr1EQ57SI/AAAAAAAAAWg/xCkBK4qNvn0/s1600/PT%2Bin%2BChapters.jpg
Source: http://3.bp.blogspot.com/_SIn9ea2W6HQ/ScOr1EQ57SI/AAAAAAAAAWg/xCkBK4qNvn0/s1600/PT%2Bin%2BChapters.jpg


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10 min posts Reference to classmate's blog

Spongebob over Bieber

Source: http://thedailyzombies.blogspot.com/2011/01/massive-manic-hysteria-induced-by.html

I took a look at two other classmate’s blog posts: Benson’s followup post on his Superbowl Bieber Ad and Ansley’s post on a McDonald’s commercial featuring Spongebob toys.

The Best Buy one definitely did not live up to expectations. Like Benson mentioned, it was a “failed attempt at trying to be funny.” They tried to link Osbourne with the ‘old’ and Bieber with the ‘new’ but the script wasn’t very natural. I would add on that while Bieber is an aspirational social reference group for some, he is also a dissociative social reference group for many as well. I agree with Benson, overall, it didn’t communicate what value I would receive from Best Buy’s products and Buy Back program.

Source: http://celebrities.ninemsn.com.au/blog.aspx?blogentryid=780340&showcomments=true

On the other hand, the McDonald’s commercial appealed very much to me even though I’m no longer a child, the target segment that Ansley pointed out. In fact, the children’s apparent and like Ansley said, exaggerated enthusiasm is infectious. This commercial rather made me like Spongebob a bit more, just from the sheer happiness, fun, and ingenuity.

I agree with Ansley’s points about the demographics variables for the segmentation. I’m sure parents would also be interested in buying these toys for their children for they seem both very affordable and very fun. I would also add that there are psychographic variables as well from the happy, fun, and potentially cool image that both kids and parents have as part of their self-concepts.  I also agree with Ansley that by bringing in technological improvements into the design of the toy, they’ve definitely appealed to the trend towards more techy gadgets. Beanie babies just aren’t enough anymore.

To add on to the commercial, McDonald’s also used aspirational reference group IMALU, a singer in Japan, according to the article, “IMALU announces a ‘special’ collaboration.”

IMALU, Spongebob Squarepants, and McDonald’s (Source: http://www.tokyohive.com/2011/01/imalu-announces-a-special-collaboration/)
Categories
10 min posts Reference to classmate's blog

Commercials: SuperBowl’s beliebing and Old Spice’s I’m on a horse.


Source: http://www.starandstyle.com/justin-bieber-and-ozzy-osbourne-starring-in-best-buy-super-bowl-commercial.html

On the 27th, my friend Benson wrote on his marketing blog about Super Bowl ads. His post was titled, “Superbowl ads: are they worth it?” Altogether, with Bieber and Osbourne, the commercial is sure to cost a lot. Will that be offset by benefits? Since Best Buy is going with it, it appears they’ve concluded it will.

This commercial will associate Best Buy with the Super Bowl as well as with Bieber and Osbourne and in turn, potentially the values associated with both. For example, Bieber’s youth, popularity, passion. If the commercial becomes well-received, it may enhance Best Buy’s brand.

Justin Bieber and the Best Buy SuperBowl Commercial
(Source: http://www.shoppingblog.com/blog/1261116)

When buying products, an interesting or memorable commercial (and posters, fliers, online postings) could push Best Buy into a Consumer’s retrieval set of possible choices. And if that memory was a positive one, push Best Buy into the evoked set and eventually be purchased. Once the commercial comes out, many Beliebers will likely watch it repeatedly just to see him and others might just to see what the fuss is about.

Another memorable series as Benson mentioned was the Old Spices. So far, I haven’t met anyone who actually bought Old Spice because of it. The commercial’s fun and seems slightly random (though in fact it links Old Spice to many values through the objects and scenery). Jason also wrote about it, mentioning that he hadn’t bought it despite sharing the commercial. In response to his question, I would say he’s not an advocate since he’s not actually promoting the product or brand (not quite bad word of mouth either). Most memorable for me personally was the end of one with “I’m on a horse.” The first thing that popped into mind was the idea of prince charming (I wouldn’t be surprised if that was what they aimed for anyways, the White Prince Charming).

“I’m on a horse.”
(Source: http://thegloss.com/culture/why-dont-old-men-like-the-old-spice-ads-is-it-because-they-are-bad-people/)

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