With the recent outbreak of the pandemic of swine flu, Mexico's economy must be taking a huge hit. Since Mexico is the sight of the first confirmed cases of swine flu, and students in New York City who had vacationed over spring break in Cancun, Mexico are also infected, many airlines are considering cancelling and refunding flight tickets to prevent people from going to Mexico. Most airlines stocks have fallen dramatically and people are reconsidering their travel plans to Mexico. In Mexico many businesses and restaurants have shut down or altered their menues to ensure consumers that they won't get sick.
I think it will be interesting to see how the tourism industry boosts itself back up after this latest setback. Mexico, especially, has seen a lot of bad press lately because of the drug wars and now the swine flu. THeir tourism industry will most likely take a hit because it is all coming at prime tourism time.
http://blogs.wsj.com/independentstreet/2009/04/29/swine-flu-fears-worry-restaurants-hog-farmers/
This article talks about the impact the swine flu has had on the restaurant and the domestic pork industry. It mentions one business owner who has advertised his pork as safe because he wants to keep his consumers informed and make sure they feel safe and that they can continue to buy from him.
I think this all relates to marketing because it deals with keeping direct lines of communication open with the customer, which obviously is one of the most important aspects of business.
Wednesday, April 29, 2009
Sunday, April 26, 2009
Funny commercial
This commercial for Jimmy Dean is hilarious. I love when it comes on TV and I laugh everytime!
Friday, April 24, 2009
More marketing from The Office!
On last night's episode of The Office, Michael's new paper company has been essentially taking part in predatory pricing. They set their costs of paper so low that they are taking the clients of all the other paper distributors, including Dunder Mifflin. When Micheal went to talk to their financial advisor, he told them they should be using a variable cost pricing model, not a fixed cost pricing model, or they would go out of business.
Monday, April 13, 2009
Viral Marketing
YouTube has become one of the biggest places to find viral marketing. People post their videos and get millions of hits and everyone tells their friends and they tell their friends and soon enough it is on national television.
One of my favorite viral videos lately started out on TV but I can't stop watching it. On Rob Dyrdek's Fantasy Factory on MTV, Carl's Jr. had Rob create two viral videos to promote their restaurant and in turn they would fund his construction of a new skatepark in LA. The video featuring Happy Star is one of the funniest things I have seen in a while. Rob puts on the Happy Star costume (Carls Jr.'s mascot) and skateboards around doing all the crazy things Rob is known for then he falls off of the zipline and hits his head. They zoom in when he is taking off the costume and says "Happy Star saved my life". It is very smart of Carl's Jr. to seek the help of Rob Dyrdek because he is very popular in a different target market than what Carl's Jr. probably has catered to before and Rob can reach out to a large amount of people through his national televison show.
One of my favorite viral videos lately started out on TV but I can't stop watching it. On Rob Dyrdek's Fantasy Factory on MTV, Carl's Jr. had Rob create two viral videos to promote their restaurant and in turn they would fund his construction of a new skatepark in LA. The video featuring Happy Star is one of the funniest things I have seen in a while. Rob puts on the Happy Star costume (Carls Jr.'s mascot) and skateboards around doing all the crazy things Rob is known for then he falls off of the zipline and hits his head. They zoom in when he is taking off the costume and says "Happy Star saved my life". It is very smart of Carl's Jr. to seek the help of Rob Dyrdek because he is very popular in a different target market than what Carl's Jr. probably has catered to before and Rob can reach out to a large amount of people through his national televison show.
Monday, April 6, 2009
Quality services
Since the opening of Dupus Boomers in the CUB, I have been to the restaurant probably four or five times. While the restaurant would score well in the SERVQUAL scale with tangibles, all the other dimensions are definitely lacking. The service is always questionable with dinner sometimes taking two or more hours. Their ability to accommodate large parties is practically non-existent. It is quite unfortunate because it is a great atmosphere and satisfies Pullman's need for a hip, fun restaurant.
Thursday, March 26, 2009
The Office
On the TV show The Office tonight, Michael wants to start a new paper company. He is trying to recruit salespeople, but many of them are skeptical of his company. Oscar asks him if he has a business plan and a number of other things referencing marketing, including a business plan, funding request, market research and financials. He mentions that new business' profit margins are very thin and most new businesses don't make a profit for at least two years.
Sunday, March 22, 2009
Honestly, I don't really get it. I get the idea of it and everything, but I don't know why people feel it is necessary to update people on your every move.
However, I do think that since the number of users has increased by 900% (according to Mike Blaney's blog - http://themarketingguy.wordpress.com/2009/03/30/marketing-with-twitter/) in the last year the potential for using twitter as a citizen news source or for marketing is huge. In some of my communications classes we have discussed the use of twitter for citizen news reporting and people can give details about breaking news as they are experiencing it. Many online newspapers have their reporters and average citizens giving up to minute details through the use of twitter.
As for marketing, word of mouth marketing and creating buzz about a brand could reach millions of people through the use of twitter. Plus the amount of celebrities now using twitter and being read on twitter creates another way for marketers to ensure that their brand's name gets out there in the public eye. Sean "Diddy" Combs is a perfect example of incessant advertising of his own brands and publicity of the bands on his record label.
However, I do think that since the number of users has increased by 900% (according to Mike Blaney's blog - http://themarketingguy.wordpress.com/2009/03/30/marketing-with-twitter/) in the last year the potential for using twitter as a citizen news source or for marketing is huge. In some of my communications classes we have discussed the use of twitter for citizen news reporting and people can give details about breaking news as they are experiencing it. Many online newspapers have their reporters and average citizens giving up to minute details through the use of twitter.
As for marketing, word of mouth marketing and creating buzz about a brand could reach millions of people through the use of twitter. Plus the amount of celebrities now using twitter and being read on twitter creates another way for marketers to ensure that their brand's name gets out there in the public eye. Sean "Diddy" Combs is a perfect example of incessant advertising of his own brands and publicity of the bands on his record label.
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