Showing posts with label lifestage-Lifestyle. Show all posts
Showing posts with label lifestage-Lifestyle. Show all posts

Friday, August 21, 2009

53% of Saudi men lazy: Study

Friday, 21 August 2009 - 29 Shaban 1430 H
By Abdullah Al-Suqair
JEDDAH – Saudi males are lazy, eat too much junk food and spend excessive time in front of the television, all which means they are only likely to get fatter, an Arab health and nutrition expert has said.
Dr. Abdullah Musaiqir, head of the Arab Center for Nutrition, has warned of increasing obesity in the Gulf states and particularly Saudi Arabia, and cites a Saudi study showing that over 53 percent of Saudi males live a “lethargic lifestyle”, with only 20 percent described as leading a healthy lifestyle and engaging in activities that help keep them in good physical shape. Twenty seven percent were described by the study as having a “partially active” lifestyle.
Parents, Dr. Musaiqir said, are advised to cut down on television watching time for both themselves and their children, and to remove television sets from dining rooms and bedrooms. According to Musaiqir, watching television encourages further unhealthy eating practices as the activity is popularly accompanied by the consumption of snack foods.
Musaiqir said the first steps toward promoting a healthier lifestyle should come with awareness programs conducted throughout the Gulf with media involvement, and that school and university curricula should be improved to address issues of nutrition and public health.
Schools, Muqaisir said, should make greater efforts to support and encourage sporting activities both inside and outside the confines of their campuses. – Okaz/SG

Wednesday, August 12, 2009

Your Best Customer Is Not a 'Woman With Children Under the Age of 4'


Josh Bernoff
Josh Bernoff
Who are your best customers?

Do you know their names?

Here's a conversation I often have with marketers:

Josh: Who are your best customers?

Marketer: Women with a child under 4. [Or "People with assets of at least $1 million." Or some such.]

Josh: No, I really mean "Who are your best customers?" What are their names?

Marketer: [No response.]

If you're seeking word of mouth, you should know who your best customers are -- by name. You should be feeding them previews of new products, asking their opinion of features you're considering, and finding out how they think to build marketing copy. You should get testimonials from them. And you should provide places where can submit their own opinions, and others can see it -- ratings and reviews, Facebook pages, community forums or whatever it takes.

Now, consider this. Some of your best customers are those who had a problem... but you reached out and found them and fixed it. There is nothing more enthusiastic than a friend who used to hate you.

Are you reaching out like this? @comcastcares is.

Or do you still think about customers by the thousands and not individually?

What if you could reach out to them individually, but do it efficiently? I ought to write a book about that.

Tuesday, July 21, 2009

Harvard's John Quelch: How to Market Luxury in a Downturn

One of the best-known academic minds in marketing talks about the two types of luxury consumers, and how to hang onto them in a recession.


Two types of luxury consumers

I divide the luxury market into “must-haves” and “wannabes.” Members of the first group have incorporated luxury into their lives and seek to retain that lifestyle in the face of recession. Very high net worth individuals occupy the top rung of the must-haves. They are largely inoculated from the downturn. Even if they’ve lost a lot of money in the recession, they are still ultrarich. On the other hand, those must-haves who have become financially strapped are now buying luxury items at lower price points or buying them less often, but never compromising on quality.

The luxury wannabes view luxury aspirationally, occasionally investing in luxury purchases in order to touch luxury without immersing themselves in it. They would never buy (or probably would never be able to buy) a Ralph Lauren suit. But they can afford a few lower-cost accessories such as a polo shirt with the logo.

Hold on to these customers in this economy?

You have to figure out how your customers’ behavior has shifted. Can you enable your more price-sensitive customers to continue to patronize you? It’s a balancing act, because you don’t want to taint the image of the brand.

This is more challenging at a time when cash-strapped companies are reducing spending on market research that could help them learn just how to reach those customers. Most large companies in the U.S. are cutting their research budgets by 10 percent to 20 percent. To adjust to this shift, I urge marketers to focus their research on the products, brand, and markets that are key to their strategy. Don’t waste resources on peripheral or potential consumers.

Discounting? is that always a bad idea for luxury brands?


Of course, discounts, if overdone, can detract from brand quality and the credibility of retail list prices. But modest, often unadvertised discounts on selected or discontinued items need not dilute brand quality. In fact, during a recession, even some luxury must-haves are hurting and need a helping hand in the form of a price cut from their favored brands.

“Simplifier.”a new kind of consumer

Simplifiers predated the recession, but the recession has accelerated the trend. These are people who trade down to a simpler lifestyle than they are able to afford. In particular, they seek to reduce the scope and scale of the stuff they own, because they simply find it too aggravating to maintain and less emotionally satisfying than they expected. Often, as they grow older, they place more value on — and invest more money in — experiences instead of possessions.

Savvy marketers will keep this new Simplifier in mind when creating an argument for their product or service.