Marketing Factoids

  • The typical teen has 80 phone numbers and over 100 friend connections. source ›
  • Fewer than 10% of the London Financial Times Stock Exchange Index companies have marketing directors on their boards source ›
  • Of those people that recently made consumer electronics purchases in a store, 80 percent visited the store's website first. - Nielsen Online survey source ›
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APR 2

How to Stay in the Black While Going Green

Marketers' Product Focus Can Overlook Important Customer Needs

Advertising Age, April 2, 2008 — Philips launched EarthLight, an energy-efficient compact fluorescent light bulb, in 1994. The bulb had a clumsy shape that was incompatible with most conventional lamps, a confusing package and a price tag of $15 compared to 75 cents for incandescent bulbs. Sales languished. Although it was well intended, the environmental positioning of the EarthLight appealed to only the greenest of consumers.

To be successful, green marketing must satisfy two objectives: improved environmental quality and customer satisfaction. Misjudging either or overemphasizing the former at the expense of the latter — as Philips did with the EarthLight — can be called "green marketing myopia."

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JUL 2006

Emerging Giants

BusinessWeek, July 31, 2006 — How multinational companies are eclipsing household brand names in US market

Category: Innovation
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MAR 2006

Branding that speaks to the eye

BusinessWeek, March 16, 2006 — For Whirlpool, it helped to speed up new product development and bring about futuristic user-friendly innovations

Category: Innovation
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