What would you consider to be social media/"regular" media?
I would agree that Facebook and Twitter are "Social Media.. I also think that when my children and grandchildren text each other and their friends that, that is a form of "Social Media". Sending out an e-mail could be considered a "Social Media" The internet itself is a form of Social Media. The information we receive can be good or bad, true or false and we look at it all day long and it all comes to us in one way or another through a Social Media Platform.
Do you think that the internet is a form of Social Media?
Saturday, April 14, 2012
When marketing a new product how important is timing? How important is persistence?
I recently read an article about Kind Fruit+ Nut Bars (The
New York Time April 2009 by Kelly K. Spors) In which the owner of the company tried many times to interest Starbucks in selling his company’s KIND bars.
He said that he tried many times to interest Starbucks
in his product. After 5 years of promoting his product he was finally
offered the opportunity to sell 3 of his flavored bars in Starbucks. What finally made Starbucks look at his
product? I think that it was several
things, one the owner of the Kind bars never gave up. He took every opportunity
he could to find different avenues to reach his goals, his sales teams called
Starbucks to gauge their interest. He gave bars to friends of the Starbucks
chief executive.
When the owner of Kind bars, Mr. Lubetzky spoke at the World
Economic Form in Davos, Switzerland about his philanthropic work through his
Peace Works Foundation, he reconnected with a Starbucks director of international
business development. They became friends, the Starbucks executive offered to
give Mr. Lubetzky a tour of Starbucks headquarter In Seattle, Washington, Mr.
Lubetzky used this opportunity to meet additional executives and hand out
samples of KIND bars. Additional he kept in e-mail contact with a food and
beverage chief and when he noticed an article about how Starbucks was rethinking
its food strategies, he set an e-mail to the executive and reminded her of the
Kind bars and a Yale pilot study indicating eating 2 kind bars a day can help
people lose weight.
In the end Mr. Lubetzky had a good product, was persistence
in selling and promoting Kind Bars and had good timing. Starbucks soon agreed
to sell more than 500,000 bars.
Was it just timing or was it the unwavering persistence in
promoting the Kind Bars?
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