The Power in Devoted Consumers

We recently had Sauder alumni Andrew McKee come and speak to our class about his many business adventures, but more specifically, his coffee shop, Great Dane. The small coffee shop has been on campus since 2012, however, I did not even know it existed until this September when I moved into the apartments above the shop. I was excited to see a coffee shop so close to me, yet, I did not bother to try it out until after speaking to a few people about it.

The question “So where are you living this year?” is asked by many when they return to UBC for the fall. My answer was always “Above that Great Dane coffee shop, if you know where that is.” It was everyone’s reaction to Great Dane that shocked me the most. Almost everyone I told said, “Their coffee isĀ so good!” It was at this moment that I realized the power in word of mouth marketing. After hearing my friends say they liked the coffee, I felt more compelled to go and check it out.

Mckee told us that the most Great Dane has ever done in terms of marketing has been a couple of signs posted around campus. He explained that they rely heavily on word of mouth marketing and it seems to be working for him; there are daily line ups that extend out of the door.

It was not until this little coffee shop appeared that I realized the power in word of mouth marketing. Great Dane seems to have a devoted customer base that expands due to the fact that their coffee is delicious, their customer service suburb, and their quaint location.

Pre-Christmas Jitters

I am the person who loves Christmas so much that I play Christmas music starting in late October. I string christmas lights and begin my Christmas baking soon after that. However, I understand that I am not the norm, and that many people get the shivers thinking about christmas any time before mid-November.

Target made the mistake of launching their Christmas campaign in mid-October last year. They received a lot of backlash from consumers who just were not ready to begin making shopping lists or buying gifts. As well, for all Americans, Thanksgiving had not even happened yet. Many people need to get past one holiday before they can begin planning for the next. Through their mistakes, Target realized that they were missing out on a big market by not making their store as somewhere consumer could go to fill their Thanksgiving needs. This year, the store sees the value in making themselves a “one-stop” shop for all

holiday needs. They have included decorations and supplies necessary for Thanksgiving.

With this new marketing campaign, Target has decided to push a lot of their marketing budget into online sources such as Twitter and Facebook. The hashtag #mykindofholiday has been created to blend both Thanksgiving and Christmas into one big marketing campaign. Target has successfully managed to now include two holidays into one without giving consumers the anxiety of planning for Christmas before they are ready to do so.

 

Sources:

After Jumping the Gun Last Year, Target Pushes Back Holiday-Campaign Launch