Tuesday, April 13, 2010
There is no discount price on me!
Thursday, February 18, 2010
Toyota = Fail.
Early this year Toyota released two major recalls, one entitled “Floor mat entrapment” and the other called “Pedal.” These recalls have caused quite the shift in the car industry. While Toyota is doing everything possible to avoid bad publicity and keep some level of quality attached to their name, they are rapidly losing brand loyalty. According to a study done by Kelly Blue Book, the number of Toyota owners who would look into newer Toyota models is down 7%.
Toyota’s loss seems to be everybody else’s gain. Ford, Hyundai and Kia are all seeing increases in brand loyalty and sales. Another interesting finding was that Toyota owners are now less likely into buying from other Japanese car dealers, and are more likely to show interest in Ford, Kia or Hyundai.
When it comes to cars, safety is a top priority and as soon as a consumer associates a car with not being safe they are going to eliminate it from their potential car candidates. Toyota has left the car market wide open. Their spot is now up for grabs and whichever dealers make smart and strategic moves can come right in and fill Toyota’s void within the industry and scoop up their market share.
With Hyundai’s new Sonata which they have been pushing, even advertising it during the Superbowl, they have positioned themselves as the affordable alternate to luxury vehicles. Ford is introducing the highly buzzed about Fiesta this summer which will fulfill people’s hybrid needs. They also have several models offering high MPG which makes them the more efficient and green choice. And Kia is showcasing the 2011 Sorento which is a midsized SUV at an affordable price.
With each dealer pushing a different type of car, it will be interesting to see how sales fluctuate in the coming months.
Sunday, February 14, 2010
Cupid: The Ultimate Marketer
Valentine’s Day means something different to everyone. To some people it is the best day of the year, to others it is a painful reality check. But, no matter who you are, advertisers aren’t going to let you forget that cupid is on his way. From Martin Luther King Day forward, you can’t watch TV, surf the web or leave your house without being exposed to candy, flower, and jewelry ads out the wazoo. This strategic flighting media plan has always proven to be effective for these signature v-day must haves.
Valentine ’s Day has become a meal ticket for many retailers, food chains and now even Hollywood producers. This year an a-list packed cast graced the silver screens in a love based movie entitled “Valentine’s Day,” This movie served as v-day entertainment for singles, couples and even teens. Although the opening weekend numbers aren’t in yet, this movie has been projected to crush its competition. Usually when you think of ordering flowers you think of 1-800 Flowers, but this year Teleflora did an A+ job of creating brand awareness. Their ads are on every web page I see and they even went as far as to invest in a Superbowl ad, which giving the time of year and the viewership, was probably well worth their penny. In their commercial they definitely hit the funny bone of viewers and gave them a memorable ad that left a lasting impression. Teleflora’s unique selling point is that they aren’t in a box “life dead people and cigarettes.” They come hand delivered in a vase and are fresh picked. Those attributes and benefits alone are enough to switch some loyal 1-800 customers into Teleflora supporters. Valentine’s Day has always had a wrap for being a commercialized holiday that makes boyfriends and husbands everywhere feel the need to spend an excessive amount of money to show their love and devotion. All the while they complain that they don’t need a special day to show their love, they do it every day. Almost any girl would disagree with that claim, and say how much they love Valentine’s Day and the romance, chocolate and flowers that come alongside the yearly love fest. As long as men buy flowers, and women like chocolate, this holiday will continue to prosper and grow. Hope everyone had a wonderful Valentine’s Day! xoxo
Saturday, February 13, 2010
Not All Olympic Competitions are Happening in Vancouver this Winter, Some are Going Down on the World Wide Web
As we all know, the Winter Olympics kicked off on Friday evening in Vancouver with the age old tradition of the torch lighting. The Olympic games are always home to cut throat competition, strategic planning and results. And no I’m not talking about the athletes, I’m talking about the advertisers. While some companies have been scrambling to get sponsorships, product placements and commercial spots, others are diving into the social media race. Many viewers of the Olympics want a convenient way to follow their favorite athletes throughout this journey. In this day and age that is a very reasonable expectation and there are several ways to go about doing it. Facebook as well as Twitter have created systems to allow fans to be constantly updated with news and posts concerning their favorite athletes. The question is, who is going to win this social media match. Twitter and Facebook have engaged in an unofficial race which the New York Times is calling the “Social-Media Slalom.” You’re probably asking yourself the same question I did, what the hell is a slalom? Well after taking the term for a little trip to Google I found that slalom is a race, more so, a “skiing race in a zig-zag or wavy course between upright obstacles.” I guess that is one way of referring to social media. For arguments sake we can call these ‘upright obstacles’ any noise or distractions that would come between the fan and the social media outlet. While Facebook and Twitter are both major social media contenders, only one can be the winner in this slalom.
Friday, February 12, 2010
To Advertise, or not to Advertise, tis the Question
While Pepsi chose to sit this year out, some big players like Doritos decided to take a new approach. Doritos had a contest entitled “Crash the Superbowl,” which allowed contestants to create spots and submit them to be entered to air during the Superbowl. However, the stakes were higher than just getting airtime; there were quite a lot of Benjamin’s at stake. Winners could win anywhere from 25K up to 2 million dollars.
Anyone who watched the Superbowl and has a sense of humor already knows that Doritos hit it big. Their spots were witty, funny and definitely memorable. They were appealing to their target demographic and have received tons of pre and post airing publicity.
For some, like Pepsi they made the strategic decision to conserve money and use it to better the world. For others like Doritos they took a unique approach and got more than their money’s worth. I guess at the end of the day the proverb “To each, their own” stands true. It will be interesting to see what the big players bring to the table next year.
Thursday, February 11, 2010
I Prefer a Coke with my Clay Aiken
Coke's 35 million dollar brand sponsorship on American Idol might just be worth all that dough after all. After Tuesday's airing, fans became very concerned when Coke's signature cups were not strategically placed across the judges table. In the aftermath of Paula ditching the show, and the possibility that the classy Howard Stern may in fact sit in Simon's tainted throne, the AI fans cant take any more change! They should be relieved to hear that the orange cups that were spotted were to promote the new Vitaminwater Zero drink, which is a coca-cola brand anyway! So sleep tight Idol fans, Coke may be the only stable thing left about American Idol.
Now back to the fact that coke coughs up 35 million big ones for this sponsorship. For fans to notice that detail so astutely and make that big of a fuss about the fact that those signature , or more so screams success. Idol even found it necessary to releascups weren't on that table, speakse this statement to calm the masses "The Coca-Cola cups have been a staple on American Idol since 2002 and will not be gone for long. During the Hollywood Week episodes, Coca-Cola will share the mic with Vitaminwater Zero (a Coca Cola brand), but the Coke cups will return on the first live show on Tuesday, Feb. 23."
That level of brand identity is remarkable, most of the time product placement flies under the radar in the eyes of the consumer. They are thought to be subliminal messages that create mass impressions, without creating any cognitive activity. However, after Coke’s 8 year run with idol, maybe the switch to Vitaminwater Zero was just a test, nonetheless now there’s a lot more people who now know what Vitaminwater Zero is than last week. So all in all double success for coke, they confirmed their sponsorship is working, and they created media buzz for Vitaminwater Zero and more importantly Coca-Cola.