Shop Local for 3 Times the Bang

Research shows that every dollar spent locally has three times the impact in the community as the same dollar spent at a big-box, chain retailer.  Even national franchise systems with local owners help by sponsoring youth baseball teams, selling candy for fundraising on their counters and hiring local kids.

This list is a good example of shopping locally in Chester County, PA (websites and Facebook pages):

To find restaurants, stores and services right around the corner from you, try using Yahoo! Local.

The Future of Marketing: the Empowered-Mom Revolution

Courtesy: Foot Fairy iPad App.

By Chris Alexander

One ordinary day, I was sitting in the boardroom where I work, and our new president asked the marketing team a very simple question:  “what is the future of marketing?”  My mind started to race across social media and the changing digital landscape, and this opportunity to imagine the future immediately started to burn into my psyche.

While still in the meeting, we started reviewing the history of marketing.  That is, in the 1950s and 1960s, marketing was product-centric.  From the 1970s to the 1990s, it was more consumer-oriented.  In the 2000s, it moved towards being more values-driven.  Where I work, we challenge ourselves everyday to think about the mind, body and spirit of the consumer, and how her life (moms buy our products the most) fits into our brand.  So, several days then went by after this meeting, and the answer continued to haunt me, until…

Eureka! 

The iPad.  Last Christmas, one of my gifts was an iPad, my first Apple product since the 1980s.  I felt like this product had been invented for me, as I previously had a netbook and it made my head spin (how could someone make it so difficult to connect to the web from a cell-based computer anyway?).  At first, I was skeptical of every iPad app, with questions like:  why would I pay money for something that is not tangible?  However, within a week, my purchase decision-making had changed forever, and I started to evolve.  I thought to myself, “we, as consumers, have evolved more in the past year than we’ve ever evolved at any point in time before.”  The marketer inside of me started to ask how this type of change is now affecting moms.

The Evolution   

“Mom” has gone through this evolution as well, arguably much faster than I have.  This Internet-savvy consumer scours food blogs, searches for recipes and connects online with friends and family more than the average person.  She has a sense of entitlement, sense of empowerment, and soon she could reach self-actualization.  Mom has transformed from a mass-marketing target to a potential brand ambassador as she communicates quickly with her peers and with experts.  She’s connected to all the other moms and they collectively decide what products are worthy of their ‘buzz.’

Peer Reviews and Virtual Reality

The only thing today that is stopping consumers from simple five-star ratings and peer reviews is simply infrastructure.  How long will it be before every single product is logged into one vehicle, where consumers can instantly see what the best peer rating is?  How long before they take the power from the marketers with the biggest budget or the brightest minds and hand it to their peers?

Enter Siri, the iPhone’s personal virtual assistant.  Fast-forward into the future, a time when mom is working late, so she says to Siri (who now has a real-sounding voice):  “Siri – I’m running late again from work and my family is going to be starving.”  Siri responds, “I’m proud of you and your hard work.  I just looked up quick meal solutions, and I recommend cajun chicken pasta.  Use Perdue Short Cuts chicken with four-and-a-half stars, great peer comments, and a 2011 ChefsBest award.   You have the spices and pasta at the house and the Perdue chicken can be at the drive-thru at Wegmans awaiting your arrival in one hour.”  While in the car and within a minute, she and her virtual assistant have just saved the day.  Another successful, empowered-mom moment.

It’s Here

According to Google’s Zero Moment of Truth study, consumers have already doubled their sources of information before making a purchase, from five in 2010, to ten in 2011.  The empowered-mom revolution has arrived.

Chris Alexander is a senior marketing manager in the food industry.  You can reach him at christopher_alexander@hotmail.com.

Study Says Facebook users are More Trusting, More Social

 

Social Media StudyA study from the Pew Internet & American Life Project finds that social network users are not more isolated, but rather more social.  In addition, someone using Facebook multiple times per day is 43% more likely than other Internet users and more than three times as likely as non-Internet users to feel that most people can be trusted.  For more:  click here.

Marketing and Biz Advice from 35 CEOs

The Rosen Group is set to release its book soon – Wisdom at the Top – featuring marketing and business lessons fom 35 top CEOs.  Right now you can read the complete chapters of four of them for free online, including these quick-takes:

  • The leader of the crafts giant, A.C. Moore, demonstrates how an 83-year-old customer proved that the business is all about the small things.
  • The top exec at pharma firm, AmerisourceBergen, pefers to fly coach all the time.  Why?
  • The CEO of the largest investor-owned water utility, American Water, shares his thoughts about how mentors helped to shape his career. 

Read excerpts, register for a copy of the book and click on other sections about the work:  click here.