Tuesday, December 14, 2010
Monday, December 13, 2010
Really? It's called learn and adapt! Darwinism! Senate approves Pedestrian Safety Enhancement Act, ensures noise pollution. http://tinyurl.com/3ajncj5
Mr. Obama, now would be a good time to point fingers and call shots. Senate bid to end gay ban fails http://tinyurl.com/323bx8w
US concern at frisking of India envoy. Why are we concerned? This is how it is in the US. Equality! http://tinyurl.com/2fj3cny
Tuesday, December 7, 2010
Yeah! That's exactly what we wanted Mr. President. Obama Tax Deal Wins Praise From Business-Lobby http://ping.fm/sBeBc
Ah the power of the human mind and cognitive dissonance: Disease Images May Not Deter Smoking, Study Shows - BusinessWeek http://ping.fm/XjF6e
Tuesday, November 30, 2010
Somebody should get this quote to all the Dems who voted for Obama. This is what we are up against.
"There is nothing more difficult to take in hand, more perilous to conduct, or more uncertain in its success, than to take the lead in the introduction of a new order of things. For the reformer has enemies in all those who profit by the old order, and only lukewarm defenders in all those who would profit by the new order, this lukewarmness arising partly from fear of their adversaries … and partly from the incredulity of mankind, who do not truly believe in anything new until they have had actual experience of it."
– Niccolo Machiavelli
"There is nothing more difficult to take in hand, more perilous to conduct, or more uncertain in its success, than to take the lead in the introduction of a new order of things. For the reformer has enemies in all those who profit by the old order, and only lukewarm defenders in all those who would profit by the new order, this lukewarmness arising partly from fear of their adversaries … and partly from the incredulity of mankind, who do not truly believe in anything new until they have had actual experience of it."
– Niccolo Machiavelli
Monday, November 29, 2010
Sunday, November 21, 2010
Cool post from Garth Kay. BSSP brings Dali to life via Hipstamatic. Genius idea. Stop creating and start curating! The value/power is in the ideas people. http://tinyurl.com/35v3pe4
Tuesday, November 16, 2010
Love the power of the new Stella Black "Night Chaffeur (sp?)" campaign. An experience you'll never forget. We need more of that. http://ping.fm/a8xyK
Monday, November 15, 2010
Interesting twist on the social network via Path. Limited to 50 friends. Check it out. http://ping.fm/PoL4p
Wednesday, November 10, 2010
Tuesday, November 2, 2010
RT @HarvardBiz The future of location-based media? Measurement and correlation as a foundation for sales. @ http://bit.ly/a09HgC
Monday, October 25, 2010
Thursday, October 21, 2010
Friday, October 15, 2010
Check out the latest on #pooptube. (Not what you think). Why does this exist?! Who created this and how are they making money, because I want in! http://pooptube.com/
Thursday, September 30, 2010
The Fanboy Factor: Brands are the new religion...for some. I've been preaching something similar for a bit. http://tinyurl.com/28hwp85
Tuesday, September 28, 2010
Wednesday, September 15, 2010
Michelle Obama Urges Restaurants to Step Up, I comment from the background. What do you think? http://ping.fm/dEx1A
Wednesday, September 8, 2010
Radiohead̢۪s + Crowdsourced = amazing things that happen when you trust in your consumers. http://ping.fm/7lO4l
Friday, September 3, 2010
Thursday, September 2, 2010
Tuesday, August 31, 2010
Thursday, August 26, 2010
Wednesday, August 25, 2010
Monday, August 23, 2010
Piece from the bossman: How Millennials can change Madison Av. @StarTribune.com http://ping.fm/f7yHi
Thursday, August 12, 2010
Tuesday, August 10, 2010
Monday, August 9, 2010
Tuesday, August 3, 2010
Monday, August 2, 2010
Get more out of a single. Make it your own. Cool remix ability from Pet Shop Boys via mxp4.com http://ping.fm/wpgOd
Wednesday, July 28, 2010
Simon Sinkek on How great leaders inspire action. Start with why! RT@edwardharran @janstewart http://tinyurl.com/23uw825
Monday, July 26, 2010
Thursday, July 15, 2010
Friday, July 9, 2010
Wednesday, July 7, 2010
Wednesday, June 30, 2010
Wednesday, June 23, 2010
Friday, June 18, 2010
Tuesday, June 15, 2010
Take this quiz and calculate your F-score. It'll tell you how to use your natural triggers to persuade others. Mine are Lust and Vice. Yowsa! http://ping.fm/PTshu
Wednesday, June 9, 2010
Tuesday, June 1, 2010
Friday, May 14, 2010
Thursday, May 13, 2010
Thanks to @criticalmass for the tip. Great overview of how the brain should effect webdesign. http://ping.fm/n4d8W
Wednesday, May 5, 2010
Donate Your Dog and Cat Hair to Clean Up the Oil Spill | Inhabitat - Green Design Will Save the World http://ping.fm/Pz26a
Tuesday, May 4, 2010
Thursday, April 29, 2010
Tuesday, April 27, 2010
Friday, April 23, 2010
Thursday, April 22, 2010
Monday, April 19, 2010
Thursday, April 15, 2010
A sign if the US's youth that we didn't make the list. Or maybe we just learned from others' mistakes. If only there were some national crisis of sorts we could apply that thinking to... http://ping.fm/tOPvJ
Wednesday, April 14, 2010
Confused as to why we need a bill at all? Seems like common sense not to sell nicotine products to minors. http://ping.fm/CeTKL
LaHood hits backlash over alt transport plans. Probably similar to people who were against steamships. http://ping.fm/r55rA
Tuesday, April 13, 2010
Friday, April 9, 2010
An amazing story: Auto-appendectomy in the Antarctic: case report -- Rogozov and Bermel 339: b4965 -- BMJ http://ping.fm/vfboj
Monday, April 5, 2010
From iPad Wikipedia article: "3G service provided...by AT&T and sold with two prepaid contract-free data plan options: one for unlimited data and the other for 250 MB/month at half the price. The plans will be activated on the iPad itself and can be canceled at any time."
How long before this is standard?
How long before this is standard?
Tuesday, March 30, 2010
Monday, March 29, 2010
Via BrandChannel.com: For the love of funny. Using humor in online marketing...or in general. http://ping.fm/uI7k6
Friday, March 26, 2010
Thursday, March 25, 2010
Wednesday, March 24, 2010
Tuesday, March 23, 2010
Friday, March 19, 2010
Food subsidies vs. RDA. No wonder we're all fat. Health starts here America, garbage in = garbage out. http://ping.fm/XvQsi
Thursday, March 18, 2010
Wednesday, March 17, 2010
Tuesday, March 16, 2010
Imitation is the sincerest form of flattery. But Apple seems to think differently. http://ping.fm/W5jZg
Monday, March 15, 2010
Watching MTV True Life: I support my family. Sad and awe-inspiring what these young folks do. Truly amazing. http://ping.fm/rCnm0
Wal-Mart Runs Smack Into Behavioral Economics
Interesting post from Brandchannel.com on the effect of SKU rationalization on consumer shopping habits. Or to put it in everyday terms: What happens when you remove options from people's lives.
The basic gist is that Wal-Mart, in an attempt to lower costs storewide, implemented a program of losing products that weren't selling well and providing economies of scale. Not a bad move from the world's biggest retailer, especially one who bases much of their process on suppliers taking initiative and actually providing the right amount of product at the right time. That shelf space if valuable, so if something ain't selling it ain't making Wal-Mart money.
So the Big Box started losing the losing products. And found that customers started to leave as well. Turns out people come to Wal-Mart for everything AND very specific things. And if those very specific things aren't to be found....well then what's stopping you from going somewhere else for everything.
To quote the brandchannel.com article:
Rather than buying a similar product or brand – but not the exact one customers had an attachment to – for $1 more at Wal-Mart, shoppers instead skipped shopping at Wal-Mart altogether and went to competitors that carried their favorite products. It turns out certain sizes and flavors for many food products are game-changing factors for shoppers, and that reality wasn't lost on Wal-Mart. According to Simon, “[We] lose an $80 basket or a $60 basket and not just the dollar for the one-pound brown rice.”
WM quickly pulled a Tropicana and has started to restock some of the items that led to brand attrition on its shelves again.
But the bigger question is: Why did customers leave in the first place?
Personally I think there are some interesting things to look at here. One is the concept of familiarity. In a world where everything is "new, improved, better, the ultimate!!!!!!" it's nice to know you can go to your "friendly, neighborhood store" (and yes, WM is that for some people) and get things you like. If they happen to be cheap, so much the better. And in this time of recession, little things like the brown rice you enjoy or the soft drink you care for in an 8oz can are the tiny luxuries that make life just a bit easier. To lose those means questioning the whole idea that your nice neighborhood store is that at all.
Related to, but not exactly the same, is personal relationships. For some people I'm sure seeing something they look for everytime disappear overnight was a harsh reminder that this big box retail giant is just that: A huge corporation that doesn't care one iota about them as a consumer. In this age of personalization and instant communication, I think people stand for that less and less.
So, what could WM have done to turn this oops into an opp? One of the first things that comes to mind is use it as a chance to drive more online sales. For many of Wal-Mart's suppliers, the shelf is simply rented space as WM doesn't actually take ownership of the product until the moment of sale. This is, therefore, a perfect opportunity to keep that rent down by offering online only items and turning this streamlining plan into a chance to get more people more familiar with online shopping. Throw out free shipping on orders over $100 and create some examlple carts for a normal family of 4. Push convenience and regularity and let the in-store experience be a more spur of the moment, as-needed shopping time. As someone who regularly goes into Target (I'm from Minneapolis) I know that a pack of TP often turns into $150 of crazy.
At the end of the day I'm glad Wal-Mart had this happen to them. They are definitely one of the few companies who are analytics driven enough to take notice and make a positive change. And I'm sure they will figure out how to turn old product into new profit channels.
Pax vobiscum.
The basic gist is that Wal-Mart, in an attempt to lower costs storewide, implemented a program of losing products that weren't selling well and providing economies of scale. Not a bad move from the world's biggest retailer, especially one who bases much of their process on suppliers taking initiative and actually providing the right amount of product at the right time. That shelf space if valuable, so if something ain't selling it ain't making Wal-Mart money.
So the Big Box started losing the losing products. And found that customers started to leave as well. Turns out people come to Wal-Mart for everything AND very specific things. And if those very specific things aren't to be found....well then what's stopping you from going somewhere else for everything.
To quote the brandchannel.com article:
Rather than buying a similar product or brand – but not the exact one customers had an attachment to – for $1 more at Wal-Mart, shoppers instead skipped shopping at Wal-Mart altogether and went to competitors that carried their favorite products. It turns out certain sizes and flavors for many food products are game-changing factors for shoppers, and that reality wasn't lost on Wal-Mart. According to Simon, “[We] lose an $80 basket or a $60 basket and not just the dollar for the one-pound brown rice.”
WM quickly pulled a Tropicana and has started to restock some of the items that led to brand attrition on its shelves again.
But the bigger question is: Why did customers leave in the first place?
Personally I think there are some interesting things to look at here. One is the concept of familiarity. In a world where everything is "new, improved, better, the ultimate!!!!!!" it's nice to know you can go to your "friendly, neighborhood store" (and yes, WM is that for some people) and get things you like. If they happen to be cheap, so much the better. And in this time of recession, little things like the brown rice you enjoy or the soft drink you care for in an 8oz can are the tiny luxuries that make life just a bit easier. To lose those means questioning the whole idea that your nice neighborhood store is that at all.
Related to, but not exactly the same, is personal relationships. For some people I'm sure seeing something they look for everytime disappear overnight was a harsh reminder that this big box retail giant is just that: A huge corporation that doesn't care one iota about them as a consumer. In this age of personalization and instant communication, I think people stand for that less and less.
So, what could WM have done to turn this oops into an opp? One of the first things that comes to mind is use it as a chance to drive more online sales. For many of Wal-Mart's suppliers, the shelf is simply rented space as WM doesn't actually take ownership of the product until the moment of sale. This is, therefore, a perfect opportunity to keep that rent down by offering online only items and turning this streamlining plan into a chance to get more people more familiar with online shopping. Throw out free shipping on orders over $100 and create some examlple carts for a normal family of 4. Push convenience and regularity and let the in-store experience be a more spur of the moment, as-needed shopping time. As someone who regularly goes into Target (I'm from Minneapolis) I know that a pack of TP often turns into $150 of crazy.
At the end of the day I'm glad Wal-Mart had this happen to them. They are definitely one of the few companies who are analytics driven enough to take notice and make a positive change. And I'm sure they will figure out how to turn old product into new profit channels.
Pax vobiscum.
Betty White to host SNL. Can't wait for the kissing family skit and a potential What Up Wit Dat! http://ping.fm/JCHLk
Friday, March 12, 2010
Tuesday, March 9, 2010
5 Futuristic Applications that Are Here NOW : Innovation :: American Express OPEN Forum http://ping.fm/3u4rU
Sunday, March 7, 2010
Tuesday, March 2, 2010
Wednesday, February 24, 2010
Monday, February 22, 2010
What happens when you're laid off? Life beings. Ad focused but good for everyone who's been there. http://ping.fm/6yOZe
Wednesday, February 17, 2010
New business a friend has launched. Great idea. Check out Fabuliss...Success with Style http://fabuliss.com/
Interesting article on Innovation. Lessons learned: Keep it clear. Keep it concise. Draw on examples from other industries to learn new ways of thinking and acting. http://ping.fm/NXcnb
Dating site uses information to teach about dating. Genius way to improve actual realworld skills and interactions instead of just focusing online. http://ping.fm/GZehi
Wednesday, February 10, 2010
Not sure what I think of this "look into the future of advertising." Seems a little much. http://ping.fm/uZD5W
Tuesday, February 9, 2010
Also found this NFL spot moving. It truly is amazing that human beings can do things like this. http://ping.fm/U8d8S
While we may tweet about the mundane, it's our ability to still connect while worlds away that is important. Think Haiti. Think Iran. Even FOX News is only 15% news. Take that HBR! http://blogs.hbr.org/davenport/2010/02/lets_tweet_about_something_imp.html?cm_mmc=npv-_-WEEKLY_HOTLIST-_-FEB_2010-_-HOTLIST0208&referral=00202
Thursday, February 4, 2010
The teaching organization. 37signals free book. Share the process, get feedback, start a dialogue by standing for something. http://ping.fm/zdmzE
Tuesday, February 2, 2010
Friday, January 29, 2010
Thursday, January 28, 2010
Tuesday, January 12, 2010
Top Green Movement Videos. It's great to see creativity doing something good. http://tinyurl.com/ycnnoqp
Monday, January 11, 2010
Pentagram helps you learn about yourself through fonts. Password: character http://tinyurl.com/yh5kq8d
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