Tuesday, May 12, 2009

Look out for more "dollar type" stores

Who opens more stores now??? Stores who have recognized that people are looking for a bargain when it comes to their basics. I just read an article that reported that between Dollar General, Dollar Tree and Family Dollar, we would see close to 1,000 new stores this year! Add in Target and Walmart and Walgreens and the number surpasses that number.

The question will remain, are we going to saturate the market with these type of stores and is there a growing market for them. If this is the new "business normal" then those stores selling the same merchandise at higher prices better review their inventory selection.

Contagious.....remains to be seen...but certainly contagious within the "$" market place.

Thursday, April 30, 2009

Best Buy supports vinyl!

Ok, how many of you remember vinyl records? Well, it seems like Best Buy does and sees a market in it and is willing to devote 8 sq ft to their stores for around 200 of them.
My mom always says, "What goes around, comes around"!! Contagious ideas may just come out of our past good memories. Don't have it anymore, but remember the cover of "Earth, Wind and Fire, from my college days...along with James Taylor!!!! Now THAT is contagious!

Tuesday, April 7, 2009

McDonalds' Fishy Idea is Contagious!

You all remember the "Big Mouth Billy Bass" that was a gag gift about 10 years ago, and you shake your head when you see the new "filet of fish" commercial on TV with that same fish.
A news release just said that McDonald's sells about 300 million fish sandwiches annually with 25% during the Lenten period. Brilliant advertising wouldn't you say! To prove it, the ad has been viewed on YouTube more than a million times. Now that my business friend, is contagious!

Monday, April 6, 2009

Jos A. Bank has a contagious idea!

Jos A. Bank has a sale that only lasts another couple of days, but it will win the hearts of their customers for a long time. Bank says if buy a suit from them during their $199 sale until April 9th, and you lose your job anytime between April 16 and July 1 the store will not only refund you the price of the suit but you also get to keep the suit!

I am sure they don't want you to lose your job, as they want you to come back as their repeat customer, however, they have a heart. They also know that if times get bad and you DO lose your job, you will think about their generosity when you put that new suit on to go out for your next interview.

The idea isn't new in this economy, however, Jos A. Bank is thinking how they can be "contagious" with "WOMA" or Word of Mouth Advertising....see, I am doing it right now!

Now that is contagious!