Chocolate for everyone. Nexus Vs iPhone 5c.

The question is.. Has the Nexus 5 smartphone just topped the iPhone 5c?
It’s also can i make this a good blog post because its my last of Comm 101, but we will answer that later.

 

 

 

 

The Nexus 5 is “the newest flagship device” to hit the smartphone market. Labelled a phone with big features and a small price tag, the Nexus 5 already sounds appealing.
You could say the phone has arrived on scene at the perfect time. We all witnessed the uproar over the new iPhones a few months ago, however, the iPhone 5c hasn’t received the attention Apple wanted it too. Being outsold by the 5s the phone didn’t fulfill its purpose straight out of the gates. This lead to a reported cut in production by the company. We’ve all learnt the whole demand and supply thing in economics. The demands not there Apple, sorry!
Queue entrance of Nexus 5. At a mere $399 for the devices 32gb model its already cheaper than the 16gb 5c ringing in at $549 without tax! (see details here.) A post on iPhonehacks.com states: “If budget is a constraint then there is no debate about which smartphone you should buy. The same is true if you are looking for a phone with a bigger screen.” A wide variety of features, a solid screen resolution, and more, proves the Nexus 5 a worthy competitor.
Who knows which way this will go, but with what could be a sinking ship of iPhone 5c’s the Nexus 5 may be on its way to the top.

ShoeMe.ca … You meant Zappos, no?

In reply to Ashley Mui: The Canadian Zappos. Blog post here.

Earlier this month, comm 101 met Zappos and its safe to say everyone took something away from the lecture.
We saw Zappos has an organizational culture like no other. Its brand image, its marketing strategy, right down to the training employees undergo are a huge part of the Zappos ‘path to profit.’ In 2011 the Canadian e-commerce market was sad to see the company pull out of Canadian sales and focus sales in areas that were less restricted by customs.

However, never fear, ShoeMe is here.
Like Ashley Mui, i agree ShoeMe is destined for success. Firstly, if the company isn’t already starting strong, they’re connected to ClearlyContacts.ca which has proven to be successful. The ease of access appearance of the companies is what draws customers to their websites. Similar to Zappos, ShoeMe and ClearlyContacts offer a 100 day free returns policy and implement tactics such as free gift cards to attract the customers eye. The 100% Canadian brand is the first of its kind in the market which provides the growing company with an excellent position in the industry.
Similar to Ashley’s points, its evident the company isn’t quite in the same league as Zappos, but its getting there. ShoeMe.ca has Zappos in its sights.
Perhaps with time and effort this company will thrive in a similar way.

Completing the circle.

Class 21 has just finished and my eyes have been opened to the concept of the Arc Initiative … I’ve ran to the Sauder library to blog.
I had heard of the ARC initiative from a fall preview day in December of 2012, where Jeff spoke, and i sat, anticipating the end of high school and the start of a journey. Little did i know what was to come!
Of course there is a business view of the Arc initiative, the value it provides Sauder, the image of innovation, the echo that Sauder is a leading business school but having just sat through one of the last lectures of my first term at Sauder, one tool, that has always been mentioned stood out to me. Networking. And not just with current business owners to benefit ourselves.
We have learnt theories, used formulas, skyped alumni and created business model canvas’ throughout the course of comm 101, and it all flew by before i had chance to stop and think. Todays lecture provided the chance to look back at what i have learnt, and how the tools i gained over the past three months can drastically change the direction of an entrepreneurs business in a developing country.
Here’s a huge R.O.I, never mind the numbers, looking at what previous years have achieved, how they have shaped the lives of current and potential business owners has provided incredible motivation. Being able to use the skills we have learnt in a single semester at Sauder to guide an entrepreneur in the real world is an opportunity i do not want to miss out on.

Wishful Shrinking.

In reply to a blog post “Too fat for Lulu Lemon” By Harnoor Gill.
https://blogs.ubc.ca/harnoorgill/2013/11/13/too-fat-for-lululemon/

I was trying not to blog about this, because i am sure there are more than enough posts about the topic, however, i couldn’t help myself. I completely agree, it seems the founder of the massively popular LuLu Lemon may have just ‘shrank’ his customer base. In a recent interview Chip Wilson contradicted every ethic and value proposition he has ever promoted by exclaiming the reasoning behind a problem with his yoga pants comes down to the size of woman wearing his product, rather than the product itself.. “The real problem is that your fat behind is stretching Lululemon’s yoga-kale-wheatgrass-thigh-gap lifestyle apparel beyond capacity” The Bloomberg interview has had varying reactions throughout the world. However, Wilson did exactly what he should have done by publicly apologizing for the statement he probably wishes he never said. To me, it seems like a mediocre attempt at an apology, watch it here. Do you want to “Stay in the conversation that is above the fray”, or, like myself, does Wilson’s video lead to more apprehension about the ethics behind the label?
LuLu Lemon is a huge competitor in the athletic market, and whilst this minor hiccup may temporarily cause some disturbance in the ‘peace’ of the industry.. Chip Wilson, you owe your loyal customers, and the position of your brand in the industry. I have no doubt they’ll be back for more. That was a close one.

HÖVDING – setting a new standard in Swedish safety

Say hello to a revolutionary product emerging from the Swedish market that is about to drastically change the cycling industry.  Most of you reading this have ridden a bike and ill take bets there’s one thing we all share in common. Bike helmets. No one wants to wear one. This is where Hövding comes into play. “Two Swedish industrial design students have created an “invisible helmet” for cyclists concerned about safety and how they look.” Innovation is the key marketing force behind this product. The neck collar is a discreet airbag that triggers when it detects unusual movements while cycling. The trigger mechanism is based on algorithms that distinguish normal movements from that of a crash! Still unsure..? Visit the Hövding website to read about the research behind its product and the technology incorporated. Hövding offers a range of sizes, and even a small range of patterned/coloured “shells” to customize your invisible helmet (ironic right?). Despite still being in its youth Hövding plans expanding to Japan and Canada in the near future. The company boasts a solid point of difference, and being the first in the market is only beneficial to their already well positioned brand image. With a growing market, and advertising reaching every corner of the  globe through social media and youtube, the companies future is bright. The price might take you on a ‘wild ride’ (estimated around $558) without needing to step onto a bike, however, this company is surely on its way to success.
The products promotional video is a staff pick on vimeo.
View it here: http://vimeo.com/channels/staffpicks/43038579

It’s not all black and white…

I’ve been wanting to share this for a while, but just waiting for the right blog post! Lets try and make this a worthy one.
I’ve learnt many things so far throughout comm 101, but one that sticks out most to me is ethics. Triple bottom line, CSR, Shared value, you name it, its there. One topic that seems to link somehow to all of those examples is animal testing.

We are all aware of animal testing, it has happened and sadly, is still happening, and over the past couple of years there’s been a huge movement against it. One of the most prominent was a Lush protest/presentation in a shop window of one of Englands most popular LUSH stores on Regent Street. Numerous events were coordinated running alongside the protests to promote the fight against testing, one most recently was the lush prize. Lush offers a LUSH PRIZE rewarding £250,000 (~$390,000) to anyone that completely stops animal testing. A word of warning… the protest is graphic, but was needed to properly push the image into the view of the general public both in London and around the world. Watch it here. How does this link to business you ask? Read on. A few factors of successful businesses are solid relationships with consumers, social/economic/environmental responsibilities (CSR) and creating shared value. By conducting this protest, Lush has shown its ethical values, making the company attractive to consumers. Given potential customers a deciding reason to walk into a lush store, and even made their products more attractive. The topic pulls on peoples heart strings, consumers are going to want to back a product that is a front runner in such a passionate movement. Lush was catapulted into the news and onto the screens of cellphones globally. Free advertising? Did this protest not only aid the fight against animal testing but aid Lush as a business also? Yes, it did.
Good on you Lush.

‘Cashtag’ – How does twitter make money.

It’s safe to say, probably everyone who reads this blog post uses twitter. The question surrounding the company is, how does twitter make its money? Having grown exponentially in the past couple of years, revenue has rose “from just $28m in 2010 to $317m by the end of 2012.” and is forecasted to increase by more than 100% by the end of this year.
“On Thursday, Twitter announced that it wanted to raise $1bn (£619m) by listing on the US stock markets” This is the biggest initial public offering (IPO) since Facebook in 2012. One issue that surrounded Facebook, that Twitter has successfully overcome, was integration of advertising. Twitters approach at “native” advertising subtly places small advertisements related to trending topics in the timeline of its users. Companies can pay to ‘promote’ tweets and push information about themselves into the feeds of the public.
Twitter also uses ‘Firehose’. A tactic to gain money by selling their data to the public (around 500 million tweets a day) that companies can look into and find out what the public is talking about. By doing so, the advertisements that are later ‘promoted’ are suited to the trending topics recently tweeted. This contrasts the seemingly scattered approach from Facebook that landed users with advertisements that seemed random and/or out of context.
Successful advertising and listing on the US stock markets are twitters “Cashtag” to profits.

‘Forget Fashion Week, It’s Golden Week.’

Mastering the art of marketing and advertising…
On the 1st of October each year the Chinese celebrate the founding of the peoples republic with a national holiday which has proven to be an appealing target for marketing & advertising. The holiday “Drives up to $127.4 billion” according to Chinese broadcaster CCTV. As the holiday has increased in popularity, its wake can be felt internationally, especially in fashion capitals such as London and Paris. “Many affluent Chinese choose to spend Golden Week abroad, something that did not take long to come to the attention of luxury retailers in Paris and London.”
The holiday has proven to be so lucrative that London based company Harrods now coordinates special events to attract Chinese tourists and holiday makers. Even companies such as Burberry provide pop up stores to cater to the holiday event.

However, “in order to tap the opportunity efficiently, it’s vital that European retailers advertise to tourists in China before they select a destination and set off.” To derive the most profit from the influx of Chinese shoppers companies must make their products available to the Chinese public. Companies have developed apps in mandarin and hired mandarin speaking employees for the occasion. The marketing and advertising potential is limitless, any business with a clear incentive to grow will make great use of the Chinese ‘Golden Week’.

Read more into the topic by clicking the hyperlink above or here: http://www.businessoffashion.com/2013/10/forget-fashion-week-its-golden-week.html

Sustainable business? Instagram must ‘fund own future”.

 Roughly three years ago, instagram exploded onto the screens of cell phones around the world. Since then the company has seen its popularity sky rocket, but, as a growing business it has some keeping up to do. Faced by competitors such as Vine and Keek, the company needs to work hard to stay a leading competitor in the mobile app market. Instagram was “bought by Facebook for $1bn (£619m), but has never made a profit.”

We have all heard of Twitter, and most of us will have heard of a company called Vine, which was introduced on Twitter blogs earlier this year in January. Vine was a front runner in the app market offering 6 second looping videos to users as a new way to interact with others using social media and apps similar to Instagram. Instagram was able to bounce back from the threat and introduced its own looping video service to its users. However, they are still stuck in limbo. 

Instagram is a “growing business” and its new approach to sustainability is the introduction of ads. The topic has proven controversial in the past, especially with Facebook, so the question stands. How will the introduction of ads to instagram be taken, and will this benefit the company? Only time will tell…

“Mom sues Monster energy drink over teen’s death” – Business Ethics.

It is in a companies best interests to generate profit . One way of generating such profit is through advertising. Following a death of an Alameda County teen in July of 2012, Monster Beverage Corp. has had to reconsider its ethics surrounding such advertising. Under scrutiny from not only the teens mother and father but the Food And Drug Administration also, investigations were carried out looking into the correlation of deaths linked to energy drinks. Five reports include drinks made my Monster. The companies advertising aimed at children has fallen under criticism also. In the companies efforts to generate profit, and keep the business healthy, reduce employee turnover etc, it seems the business ethics a company holds, that should be a high priority, have been misplaced. Alexander Wheeler, an attorney representing the family in the case said the victims death was caused not only by the drinks themselves, but by failing to accordingly warn the public about possible dangers surrounding energy drinks.
In my opinion, if i were in the position of CEO’s at Monster Beverage Corp, it would be in my best interests to make public the changes the company would make to ensure incidents like this would not reoccur in the future. This would not only benefit the company, but increased health warnings, leading to raised awareness, would benefit the public also. See article – http://www.nbcnews.com/health/mom-sues-monster-energy-drink-over-teens-death-6C10455622