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new research shows that sad customers are likely to spend more money when shopping. Merely watching a sad video clip caused subjects to pay nearly four times as much for a water bottle than subjects who watched an emotionally neutral clip.
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The average amount of time each user spends on social networking sites has fallen by 14% over the last 4 months, according to ComScore. MySpace, the largest social network, has slipped from a peak of 72m users in October to 68.9m in December.
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Specify the outcomes for which each individual is responsible, and let each worker determine how much time is required to do the job well. Task-based makes sense in a knowledge economy. Many corporations are there already—but just haven’t acknowledged i
links for 2008-02-11
February 12th, 2008 · Comments Off on links for 2008-02-11
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links for 2008-02-08
February 9th, 2008 · Comments Off on links for 2008-02-08
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[They] would have misunderstood their customers if they’d only focused on the profile for the obvious, broader beer-drinking segments of Gen X-ers or men. Instead, they dug deeper than the usual consumer profile and get to the heart of the matter
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links for 2008-02-07
February 8th, 2008 · Comments Off on links for 2008-02-07
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Some obvious causes of invisible web marketing properties: It’s just not plugged in to the rest of the web properly, it’s not interesting or talk-able enough, it’s just plain rubbish and no-one wants to see it.
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Ever wonder how much stuff companies and governments can buy with the massive amounts of money they spend? How Much Does It Buy? is a currency converter for those of us who aren’t day traders. Via swissmiss
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links for 2008-02-06
February 7th, 2008 · Comments Off on links for 2008-02-06
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On one hand we have them quite loudly recalling thousands of credit cards, whilst simultaneously on the other we have them touting 0% deals in the pages of the national press
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links for 2008-02-05
February 6th, 2008 · Comments Off on links for 2008-02-05
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Food marketers in particular have to be aware of product contagion – mere proximity of items in a shopping cart caused the disgusting characteristics of one product to transfer to an adjacent item.
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Jesse is onto something when he writes, “Schultz professes to love Starbucks customers but has no apparent interest in hearing from us.” We know Starbucks, as a company, has refused to blog and refuses to participate in online conversations.
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links for 2008-02-04
February 5th, 2008 · Comments Off on links for 2008-02-04
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Great insights from T-Rex
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EXPERIENCE AS STRATEGY “All that matters to customers is their experience.” Therefore firms need a plan for the experiences they will offer, a plan so strong that it will guide decisions on how the experiences are marketed, maintained, and managed.
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links for 2008-02-02
February 3rd, 2008 · Comments Off on links for 2008-02-02
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The athletic-goods behemoth hopes that athletes, sports fans [..] will be drawn to the Air Jordan XX3 as they have been to previous shoes in the Air Jordan line—because of its performance and brand connotations, rather than the green factor.
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An agency should be all about people bouncing ideas around, right? Getting the right people together to solve problems? OK, we all need a distraction-blocker, but do we really want an agency full of solipsists
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When stars switch firms, their performance dims, along with their new company’s market value [..] Except when the stars are women. According to Groysberg, talented women who switch firms maintain their stardom, and their new employer’s share price hol
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Under a layer of “mould”, a flyer resembling a recipe book showcased Adobe InDesign’s superior freshness and offered recipients a free trial download.
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links for 2008-02-01
February 2nd, 2008 · Comments Off on links for 2008-02-01
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A new type of shrew-like creature with a snout similar to an elephant’s trunk has been found in the mountains of Tanzania, the first new species of the mammal found since the 19th century, scientists said.
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links for 2008-01-31
February 1st, 2008 · Comments Off on links for 2008-01-31
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As consumer segmentation technology advanced, Target made mistakes early on by targeting too narrowly, but the chain has since realized that “it’s not just about one particular guest; it’s about all your customers.”
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The call sounded like a committee of actuaries talking about the results of a mid-tier life insurance company. Yahoo has problems, but it is #2 in one of the fastest-moving markets ever.There’s got to be something exciting to talk about.
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5 blogs that get you (me) thinking
January 31st, 2008 · 1 Comment
Katy tagged me as a thinking blogger – thanks Katy! – and immediately after this I realised it’s quite hard to come up with a list of five.
Participation rules:
1. If you get tagged, write a post with links to 5 blogs that make you think
2. Link to this post so that people can easily find the exact origin of the meme
3. Optional: Proudly display the ‘Thinking Blogger Award’ with a link to the post that you wrote (here is an alternative silver version if gold doesn’t fit your blog)
And onto five blogs that always make me think:
1) Neuromarketing
Neuromarketing’s still a new discipline – I’ve started to read articles (of varying ambivalence) about it. There’s a lot on the limitations, as well as the implications, of recent findings – and I think it’s useful to think about response on that kind of level, not least because it’s a radically different perspective on advertising from that that occurs immediately.
2) Bob Sutton
Given that I work at a business school, it’s interesting to see it from the faculty point of view. There’s also the fact that it’s a fairly privileged position – so it’s interesting to read about who you meet, and the conversations you have, as a member of Stanford faculty. Again, good because different. It’s possible that there’s a theme developing here.
3) Tom Fishburne
A branding blog which I found when I was looking for images of an ad (this one) I wanted to write about and – to my chagrin – never wrote the post because I was reading the rest of the blog and the many, many cartoons.
4) tecznotes
About neither marketing not business education; mostly, but not always, about design. There’s an incredible level of abstraction in the thinking here. I like posts that I need to read more than once, and most of the writing here fits that category.
5) adliterate
The marketing I do is relatively close to the product, and I’ve enjoyed reading the different view of campaigns from adliterate. The first post I read on this blog was The death of serendipity, and I can’t stop thinking about it; there’s so much in there.
(Incidentally, my bonus sixth blog – which doesn’t really fit this meme – is again Stanford related. The Stanford Jackson Library blog has been something I’ve enjoyed subscribing to; some of what’s posted there isn’t relevant if you aren’t at school there, but it’s mostly a really interesting news and research digest.)
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Tags: adliterate, blog, bob sutton, kitschbitch, links, neuromarketing, stanford gsb, tecznotes, tom fishburne