Humans do not run, they just jog.

Only those who run for a reason, knows about serious running. And for sure we know about it
Labels: Editorial, Marketing, running, subvertising
Labels: Editorial, Marketing, running, subvertising
The Law of the Ladder tells us that in most market categories (or markets) , there is actually more than one available slot in the mind of the customer and besides that an Hierarchy of Categories that must be observed.
Certainly this law is clearer when you refer to big categories and it dilutes when you deep down the sub categories and niches.
Once again consumer perception and his ability to retain information (sometime his will to retain it) must be observed. Research indicates that humans –unlike bunnies- can only retain three (maximum seven) concepts at the same time.
How many carrot juice brands can you mention?
More important is that –according to them- one must observe his position in the ladder and design a strategy according to this position.
A practical exercise (but a bit complex): Luxury sedans (cars).
Mercedes, BMW, audi (70%) in Europe. No French car maker in the row (Renault, Peugeot, Citröen).
No French car maker has succeeded in placing one of their models in the premium segment. Poor design, poor engineering, lack of tradition? May be.
But sometimes they tried to approach the problem as if they were on top of the ladder and tried to compete directly with German brands.
Labels: Marketing
Labels: Marketing
“I can't help but to think that this book has overly simplified thinking”
Labels: Marketing
Labels: Marketing
Today my assignment was to explain one of the most powerful non mutable laws (for those that emailed me telling that is immutable, I would like to say that I do not care about Al Laughing and Jack “Trucha” book and my laws are “non mutable”)
This is the law of perception. But I will write about it another day.
Today I would really like to share with you one of the most amazing behaviours that I have discovered in humans: Cognitive Dissonance (Disonancia Cognoscitiva in Spanish).
I noticed it for the first time when I bought my first Aston Martin. Prior to make my decision of buying this car I had a decision set (a bunch of cars to choose from) that included a 911. Of course the 911 has not the class and old British heritage (don’t forget I am from HK) but sure the engineering and technology was much better.
I noticed than many Porsche users want a sport car like the 911 but are concerned about the utility of a tiny, two seats, expensive, uncomfortable, too aggressive and attractive. Further when male humans grew up tends to accumulate fat reserves around his floating area that severely impair them to enter inside the cockpit and getting out of the car habitacle.
Porsche made a superb movement when they decided to built the Cayenne jointly with VW. A genuine Porsche with everything a 911 could offer but minimizing the “Have I taken the right decision?” effect.
Many Sport cars buyers and luxury goods buyers suffer from dissonance. This is a term used to describe a mental state of discomfort that one suffers when he or she thinks that evidences that a decision or behaviour is wrong.
There are several ways to cope with. The Miffa’s way: "Vertu or Nokia? No problem. I take both of them, so the dissonance disappears."
Professor bunnies from all over the world study this phenomena since late fifties since dissonance is a sever obstacle to making right decisions in business.
Please little rabbits do take this matter seriously, Dissonance happens!!.
Labels: consumer behaviour, Marketing
Labels: Marketing
WTF! I thought the art of selling carrots was a complicate one, but now I’ve changed my mind. This is just a matter of rabbit sense. So here it’s chapter two: The Category Law
If you can't be first in a category, set up a new category you can be first in.
Given that it's very hard to gain leadership in a category where competition already exists, (you have nothing to do as a blog star or a superhero) it's better to create a product in new category than trying to attack existing categories.
If your supermarket offers you florette salads at a price a fancy restaurant would be able to match, something is wrong, or may be it’s not. They have done their homework and they did create a new category – the ready to make for lazy bastards lettuce - said a tired and really fucked up Father Bunny.
Category doesn't have to be radically different, e.g. if there's dominant player in soda drinks one can become the first to launch energetic drinks
If one can't be the first to produce genetically altered carrots, one can still be the first to do the most bizarre things with them- Said Miffa Chan
Labels: Marketing
Labels: Marketing
Labels: Marketing
I have just stolen "The Economist" one magazine that I really hate but Miffa loves. In the cover a picture of Bill Gates and a nice ad about Roger Federer at the back.
I should think about letting my sweet daughter to find her way out, but I am still sad when I think about her back picture on that magazine.... Why Playbunny did not call to our door?
Labels: Marketing
Dear Miffa,
We have sent you a new phone […] the leather we have
used is a softer version of that used to cover your Aston Martin seats,
provides that everyday use requires softer feeling, but the same quality and
pedigree.
After some time reading about them and some further r+d that proved me that this campaign is one of the biggest hits, I made myself some questions...
I have been really concerned about the ability that mega ad agencies have to convince clients to spend several thousand millions in a campaign.
Money + some ideas + scandal can give you the opportunity to succeed.
What it really disturbs me is:
But all that shit will be under control if the community will be active enough to dilute those actions.
A nice example is found here, I really want to thank those guys for their effort.
"Marketing is an organizational function and a set of processes for creating, communicating and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders”.
Labels: Marketing
For a little Honk Kongese bunny like me that is not used to Christmas (most of us do not even know about it) is quite exciting to observe some things happening around…
Anyways, I will need more time to get used to it. Thank god we’re going to be outside during Christmas time… But just in case I am going to tell mother bunny if she could order that nice purse to one of those big fatty red men.
Labels: Chan family, Marketing
Another piece of paper on the subject:
Labels: Marketing