Thursday, November 16, 2017

Cards Against ______? Trump


Cards Against Humanity by their own definition "is a party game for horrible people."  It seems that they also think the President of the United States, Donald Trump, is the worst of these horrible people.  Cards Against Humanity is on a mission to let everyone know that he is the target of all of their scrutiny.  Statements and videos are being released about Cards' plan to stop Donald Trump.  Or all of this commotion they are causing could be a genius marketing strategy that is currently going viral.

This is a very good marketing move in the fact that both sides of the political spectrum are talking about Cards Against Humanity.  Coincidentally, they alienated themselves from the Republicans in a major way.  One of the biggest thing that made this campaign huge is that they bought a piece of land along the Mexican border.  Cards said that their plan was to "purchase a plot of vacant land on the border and retained a law firm specializing in eminent domain to make it as time-consuming and expensive as possible for the wall to get built."  Selling their cards is going to fund this piece of land, and share it's ownership with the customers that bought this special pack.

In the short term this move is very successful.  A few hours after this campaign, the card set that they were selling was sold out.  In the long term, they potentially dug themselves a big hole in getting any Trump fans and many Republicans to purchase their product.  It will be interesting to see if they even try to get back on the good side of Republicans in the near future.  So far, this is the biggest stance that an American company has taken against President Trump.  Cards Against Humanity is not backing down on it's political statement either.  They are taking on comment's that are saying they shouldn't be politicizing their business.

Overall, this is a big turning point in Cards Against Humanity's life.  It will either be a catalyst that propels them to a new level, or it could be the beginning of the end for them.  If the property they bought on the Mexican border actually becomes a big obstacle for the wall, then this marketing tactic could have big political and legal implications.          

   

  

Thursday, November 9, 2017

Black Friday... Today?

In two weeks one of the biggest shopping days in the U.S. will occur, Black Friday.  Many spend weeks and maybe even months preparing to save big on deals at some of their favorite stores.  But this year the game is changing, and many people didn't see it coming.  After Halloween many Black Friday deals started to come out for certain stores.  What does this mean for when Black Friday actually comes?

Stores could have something in store for all the shoppers this year that we've never seen.  Many could be selling all of their products that they would be selling on Black Friday right now.  They are advertising it as "Black Friday sales", but it could really be a better deal for the stores as long as people are buying it.  As long as people are getting excited and the money is coming in, the stores don't care what date they sell their products.  Or some stores could have other tactics up their sleeves.

 

Many stores spend plenty of money advertising and paying people to work during the holidays.  So they could be trying to save money and not open on Black Friday at all.  They could be putting sales online now to get free publicity so they don't have to spend their money on advertisements.  Other possibilities are out there such as giving shoppers a taste of what's to come on the day after Thanksgiving.  

We can't figure out their plans until the dust settles after Black Friday, but these companies have put plenty of research into this and know what they're doing.  Many people are already going crazy and buying the first good deal they see.  These companies are taking advantage of that.  As marketers we have to learn from times like this and figure out the lesson that needs to be learned.  Right now it looks like it is very smart to start these "Black Friday Deals" as soon as possible.  

Tuesday, October 24, 2017

Disney's Big Gamble


Streaming has been a very competitive field that has taken off in the past decade.  Many companies like Netflix and Hulu have made streaming their main business activity.  While others such as HBO and YouTube are starting to add streaming as another service their company offers.  This is the risk that Disney is taking by starting their own streaming service in 2019.  Offering their own service will have it's advantages and disadvantages.  

Disney's biggest advantage is that they will have a big catalog of movies that many people enjoy.  They can also see what is working and not working with all of the other big streaming services out there to try and make theirs the best.  If Disney can incorporate some of their property's that they own such as ABC and ESPN, then that will give them even more content and potentially live sports.  Right now that would be something that no other single streaming service has at the moment.

All of the various competitors that are already streaming will be the biggest obstacle for Disney to hurdle.  Many people could already be loyal to a a few streaming services and decide that it's not worth it to add Disney to the ones they already have.  Right now, people could be watching all of the Disney content on current services and not have to buy Disney's.  This will of course only be a short term issue as they will add more as time goes on.           

Hopefully Disney has good foresight and tries to address these issues before their streaming service is released.  Competition is supposed to be good for consumers.  This is the biggest reason to be excited for the future of streaming and visual media.  All of the biggest media companies are trying to expand to streaming and beyond.  Overall, there should be better and better content coming in the near future to make everyone happy.   

Tuesday, October 17, 2017

The Future of Business?

Cryptocurrency is the hottest thing on the market at the moment.  Cryptocurrency is thought to be a new disruptive technology that will eventually be adopted and used by everyone.  This is why it is causing such a stir among individuals and businesses.  Many people have differing opinions on cryptocurrency, some think that it is great and will be a normal part of society in the near future.  Others believe that it is just a fad, and that it isn't a secure or real way to use currency. 

Predicting the future is impossible.  So if you think that cryptocurrency will be used then you can get out ahead of it and be ready for it.  But if your'e wrong, then you could waste a lot of time and resources anticipating something that doesn't happen.  Or you could get left behind if you do nothing and cryptocurrency becomes a legitimate form of currency online.  This is the risk that individuals and more importantly businesses have to deal with at this moment when it is so popular.

Cryptocurrency and more specifically Bitcoin could be used as a marketing tool that attracts younger more tech-savvy consumers.  Companies that don't adapt to the new trends are no longer around.  PayPal is one of the largest online money transfer companies.  This is part of the marketing strategy of Bitcoin.  They think they are going to be the next PayPal, and if you don't use them on your website then you'll be left behind.

Data breaches are the next marketing tool that Bitcoin and other cryptocurrencies are going to use.  In a world where there are more and more data breaches happening everyday, this could be their a comparative advantage that other companies can't promise.  A data breach gives the hacker all of a company or customer's information, including credit cards.  With cryptocurrency, people don't have to enter their credit card information.  This means customers don't have to worry about their information being stolen, and companies don't have to worry about their customer's most sensitive information being breached.

It is a risky decision that companies are being faced with at this very moment.  Whether they should adopt a cryptocurrency before it's mainstream, or potentially fall behind and lose business because you didn't prepare for it.  Overall, it's interesting to see what is going to happen and see how companies adapt their business to the new trends. 
       

Tuesday, October 3, 2017

Marketing After Disasters

Marketing can be hard to do when things are changing at such a fast pace.  It gets even trickier when a company has to deal with sensitive subjects.  In today's world, everything can be a sensitive topic for different people.  Especially right now at this moment there are tough things going on. People are losing their lives, homes, friends, and even families.  So this can be a complicated time for companies to market themselves when people are going through horrific things.   

Businesses can't just stop what they're doing, wait for these disasters to be cleaned up and then start back up.  They are responsible to their shareholders and so much more to continue and try to profit as much as they possibly can.  For example, businesses and even the government are currently trying to market the state of Florida.  Tourism is a big economic driver in Florida.  So to get tourist to come back after Irma hit is the current challenge that they are facing.  This is something that they have to do very carefully to not upset people that still haven't recovered from the hurricane.

Visit Florida is a company working with the government to get tourist heading back into Florida.  Their slogan is "sunshine, blue skies and good times."  This is a perfect way to market Florida at this particular point in time.  Florida is the Sunshine State, so this slogan plays off of that.  They also want people to know that the storm is over and there are blue skies.  Most likely when people are picturing Florida in their head at this moment, their thinking of the hurricane and the damage that it caused.  This slogan says, all of that is gone and over with and now there are blue skies instead of gray.  And finally, they highlight that you can have a good time if you come to Florida.  Everything with the hurricane is over and you can enjoy yourself when you come to visit Florida.

This is a great example of how to market a place or business after a horrible event.  Timing is one thing that has to be perfect when running a campaign like this.  Visit Florida wouldn't want to run this campaign if there was another hurricane on the way.  Or if the clean up effort was going on and people weren't ready for tourist to come visit the state.  Marketers in Las Vegas are going to have to figure out what they can do to help the victims and the companies they work for.  Also, you don't want to do something dumb and offend a lot of people.  So marketers have to be extremely careful about what they do pertaining to the awful events that occurred and when they do it.
 

    
             

Monday, September 25, 2017

The Trump Effect



Donald Trump is a former big businessman turned President of The United States.  As president he recently put some big businesses in a tough situation.  As a result of his comments on the recent NFL National Anthem protests, many businesses are having to make statements about their opinions on the protests.  Some companies are keeping their heads down and waiting for the storm to blow over.  While others are getting their statements out there as soon as possible.  

Companies' decisions to make a certain stance or statement can have a big impact on customers' opinions about the company.  Marketing and Public Relations departments of these companies are going to be very busy trying to decide what to do.  While others are immediately just putting out statements to get their opinion out there so people don't wonder what they think.

Under Armour, Nike, and Ford were part of the group of companies that crafted a statement immediately.  Nike was the only company that chose to support one side of the debate.  Nike basically stated that they were supportive of the players and whatever decisions they make.  This statement could anger consumers that support players standing for the National Anthem and the President.  Under Armour and Ford chose to remain on the fence when making their statements on this situation.

The smart decision could be, sit and wait to see what the consumers agree with.  This could be a good time for Marketing departments to set up focus groups and surveys to see what the consumers will do.  It lets the companies make a decision with as much information as possible.  President Trump is making things difficult for the NFL, their sponsors, and any other businesses related to sports.  Overall, it should be interesting to see what these huge companies do in response to the comments made by the President of the United States.                     

Tuesday, September 19, 2017

YouTube Adpocalypse

YouTube is the top place on the internet to watch all kinds of videos.  I'm sure you know what YouTube is so I won't embarrass myself by trying to explain it to you.  What you probably don't know is how YouTube makes a large portion of its money.  YouTube has advertisements on a lot of their most watched videos.  This has paved the way for YouTube to partner with some of the big content creators on their platform.  This includes businesses, sports organizations, and independent content creators.

YouTube has recently had many of their advertisers contact them and complain about seeing their ads on very inappropriate content.  This inappropriate were things like Nazi related videos or ISIS videos, with ads like Coke or Disney shown before them.    This has created a big event known as the "YouTube Adpocalypse".  Complaints about adpocalypse came when creators were seeing that their videos were making little to no ad revenue.  Many of these videos lost anywhere from 30%-99% of ad revenue.  Creators were mad because some videos they thought were appropriate were being demonetized.  For example, "Military Arms Channel" complained that they lost almost all their revenue because they made videos of gun reviews.  

Many of YouTube's largest creators such as Pewdiepie, Phillip DeFranco, and h3h3productions have all strongly criticizing YouTube for doing this, and the way they did it.  YouTube has responded but their reasoning didn't please too many people.  YouTube really has no reason to worry about losing their creators or audience because there is no good competitors out there.  This is a big deal that tells YouTube and everyone else that there could be a potential problem here.  This raises big questions about what YouTube and their users have to look forward to in the future.    

Creators are scrambling to try and find out what to do, because they were making enough money from ad revenue to make YouTube their full time job.  Many creators are being forced to change their styles to be more kid-friendly content and a lot more reserved.  This has ultimately brought people to complain about YouTube censoring their creators by not making videos with explicit language monetized.  Since YouTube is the biggest video sharing platform, they are paving the way for all other websites and social media sites like them.  Ultimately, people fear that the whole internet will be censored because advertisements are the main source of revenue for many sites out there.