Financial Advice for Graduates
This week, almost one thousand people will graduate from Kellogg with their MBA degrees. They will then embark on careers that will span decades. Last year I posted some financial advice for the graduates, and some people found that useful, so this year I’m sticking with the theme. Those who read last year’s post will […]
Houlihan’s Recovers from a Brand Stumble
Every brand stumbles on occasion: an employee makes an inappropriate comment, service falls short of expectations, or a fly lands in the soup. These things happen. In today’s connected world, a small stumble can quickly become a big problem. People often share unpleasant incidents on social media, and if the story resonates, it can create lasting and significant damage. This means that brands have to move quickly to deal with […]
Effective Advertising: 3 Keys to Success
Advertising isn’t that complicated. If a spot is going to have an impact on sales, it has to do three things. First, the spot has to stand out. It has to break through the clutter. People see thousands of ads everyday, and the number is only increasing, making it all too easy for individual spots to […]
Three Reasons to Fire a Customer
Shipping and logistics giant UPS reported its quarterly earnings last week. Results were good and the stock jumped. One reason UPS did well is that it dropped several large customers. On the surface this makes no sense at all. Companies generally want to keep customers, not lose them. The way to grow a business is to […]
U.S. Airlines Fight Back
The big three U.S. carriers are fighting back. The aviation giants are appealing to the U.S. government, claiming that Emirates, Qatar and Etihad are competing unfairly. They hope the government will limit the new carriers’ access to the U.S. market. The strategy makes perfect sense. Delta, United and American have to defend. The Mid-East carriers […]
Learning from Kraft: Results Matter
It has been a rough few months for Kraft Foods. In late December CEO Tony Vernon stepped down. This was a blow for the organization because many people at Kraft liked his approach to leadership. He valued brands and people and was making some smart moves. Then in March, 3G Capital announced plans to acquire […]
March Madness Advertising
Last night Duke and Wisconsin battled it out for the NCAA championship. It was a terrific game. The advertising wasn’t as impressive. Some advertisers ran the same spot over and over. Other brands got so caught up in the basketball that they lost track of their basic task: selling some product. Here is my assessment […]
Wild, REI and the Power of Product Placement
Last week I was in Europe teaching in Germany and Denmark. On the flight home I finished Cheryl Strayed’s book Wild and then watched the movie. I recommend both. Two brands get special recognition in Wild: Snapple and REI. Outdoor retailer REI particularly stands out. In the movie, Strayed struggles with blisters because her boots […]
Apple Watch and Pay: Searching for the Benefit
Apple is rolling out two big innovations this year: Apple Watch and Apple Pay. These new products will be important growth drivers. Of course, that assumes they will be successful. Most people think the both products will do well. After Apple’s press conference this week, business and technology writers celebrated the watch. People are excited […]
Cadillac’s Curious Start
GM is trying to rebuild Cadillac, again. While the brand has a long history, it is struggling today as it deals with tough competition in premium autos. It now ranks #4 in the luxury segment, far behind BMW, Mercedes and Lexus. More important, the associations around Cadillac aren’t positive. Many people think of the brand […]
Spirit Airlines: The Power of a Clear Strategy
This weekend I had the opportunity to fly on Spirit Airlines for the first time. My assessment: the company has a terrific strategy, but the branding needs some work. I hadn’t planned on flying Spirit, but last week I spent a few days skiing with my family in Breckenridge, Colorado (and dislocated my shoulder in the process, but […]
Kellogg Super Bowl Advertising Review: 2015 Results and Analysis
The 2015 Super Bowl featured serious, emotional advertising. While the event usually tends to skew more towards humor, this year the laughs were in short supply. Overall the advertising was strong. Marketers are clearly focusing on creating spots that will resonate broadly and build both sales and the brand. Still, this year had its highs […]