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Bad Taste Good Marketing

 

When first seeing the advertisement for Buckley’s Cough Syrup, I was struck by it’s frank and direct nature. Not being from Canada, I was unfamiliar with the Canadian brand and its advertising technique in using the slogan “It Tastes Awful. And It Works.”, but when first seeing their commercial on TV, I was immediately intrigued by their ingenious marketing strategy.

This unique marketing campaign is able to effectively position itself into the mind of the consumer using a variety of shocking slogans such as:

  • People swear by it. And at it.
  • How bad does it taste? That depends. How bad is your cough?
  • Since 1919, we’ve been leaving Canadians with a bad taste in their mouths.

It is very different from other cough syrup brands like Dimetapp and Robitussin which market themselves by only focusing on the effectiveness of their products, while ignoring the universally known truth- cough syrups taste unpleasant. By embracing the nature of cough syrup, consumers are more liable to believe Buckley’s more positive claims. The psychological thought process of the consumer goes: “Well if they’re that brutally honest about the taste, why would they lie about it working?” Whether it is actually any more effective than other brands cough syrups is inconsequential- this marketing campaign renders the Buckley’s brand name extremely memorable, as I know from firsthand experience.

Sources:

http://buckleys.com/index.html

https://www.youtube.com/watch?v=TeVQxuTwduI

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Kodak’s Last Moments?

For over a century Kodak, the manufacturer of the world’s first commercial camera, has been a household name. It has integrated itself into American culture and even into the English language, yet due to a variety of factors (namely the company’s late arrival into the digital era, having long specialized in film photography) Eastman Kodak is on the brink of collapse.

Kodak has failed to turn a profit since 2007, and last Friday (29/9/11) company stocks plummeted to an all time low when news was leaked that the company hired Jones Day, a law firm which specializes in bankruptcy. The speculation that Kodak would file for bankruptcy sent investors into a flurry of panic. Kodak has since released a statement saying that it has “no intention of filing for bankruptcy”. Instead it is trying out a new strategy to expand its patent portfolio taking out 2 billion dollars in licensing fees. Although its stocks have bounced back slightly from its major hit it still remains to be seen whether Kodak will survive the 2012 year. This case is yet another example of how important market positioning is and how detrimental not understanding and adapting to technological trends and consumer tastes. Kodak was late in adapting to the steadily growing tech savvy consumer market and is now paying the cost.

Sources:

http://english.aljazeera.net/business/2011/10/201110155534334527.html

http://www.forbes.com/feeds/ap/2011/10/06/business-specialized-consumer-services-us-eastman-kodak-mover_8721593.html

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