Marketing Factoids

  • Music sales in the United States will decline to $9.2 billion in 2013, from $10.1 billion this year. source ›
  • Acquiring a new customer costs about five to seven times as much as maintaining a profitable relationship with an existing customer source ›
  • Consumers ages 18 to 27 say they use the Internet nearly 13 hours a week, compared to viewing 10 hours of TV source ›
  • more factoids ›
NOV 2007

Chip Shot

Wall Street Journal, November 2, 2007 — Is there any food more perfect than the potato chip? A single thin slice contains the three primary food groups: salt, fat and crunchiness. Its very simplicity makes it irresistible. Since its humble origins in 1853, the potato chip has exploded in popularity, becoming America's favorite salty snack, with more than $6 billion in annual sales and 40% of the market. But not content to leave well-enough alone, America's snack mavens have broken out their spice racks, unsheathed their vegetable peelers, and fired up their deep-fryers in a desperate race to increase sales and be the last chip standing.

Category: Brand Strategy

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