According to the most recent reports, the slump McDonald’s is experiencing currently is not only the worst in a decade, …
The Strengths, Weaknesses, Opportunities, and Threats Facing McDonald’s Today
21 Tuesday Oct 2014
21 Tuesday Oct 2014
According to the most recent reports, the slump McDonald’s is experiencing currently is not only the worst in a decade, …
09 Thursday Oct 2014
When China’s central television agency CCTV revealed in an expose that Volkswagen cars being sold in the country contained faulty …
03 Friday Oct 2014
The chief executive of Procter & Gamble (P&G) A.G. Lafley has …
11 Thursday Sep 2014
Not all too long ago, it seemed like cupcakes were taking over every block, mall, and shopping district in the …
19 Thursday Jun 2014
Just when retailers had figured out how to appeal to the huge target market of Baby Boomers, along came their …
02 Sunday Mar 2014
The marketing plan for the craft specialty store Hobby Lobby contains all the traditional elements of a marketing plan, as …
16 Sunday Feb 2014
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According to a recent study funded by the European Union, the terms that U.K. teens (16–18 years of age) use to describe Facebook include “embarrassing,” “old,” and “dead and buried.” These are not exactly the sorts of images that a company that revolutionized social media prefers to embrace. So what has led Facebook, once the social media home base of teens, to become the last place they want to be seen?
Most analyses suggest the main problem was its growing popularity—and more specifically, its growing popularity among their parents’ generation. As mom, dads, aunts, uncles, and even grandparents joined the network, teens quickly became less willing to share quite so much. Humor sites collect various awkward moments when a teenager rails against an unfair parent on Facebook, only to have that parent respond with deeply embarrassing accounts of the teen’s behavior or the imposition of a new punishment.
Beyond these direct contacts, teens tend to assume that anything their parents like cannot be cool for them as well. If their grandmother posts pictures of her vacation to Facebook, seemingly by definition the site cannot be cool anymore.
As challenging as these trends are for Facebook, it could always rebrand itself as the social media location for middle-aged users who want to share their thoughts about their children or grandchildren. The larger question is where teens will go next to get their social media fix. The growing popularity of Snapchat implies that teens might begin preferring temporary, ephemeral sharing, possibly in reaction to the lessons learned when Facebook posts remain accessible to employers and school administrators. Moreover, teens seemingly use various sites for different purposes: Twitter for wide broadcasts, Instagram for visual sharing, WhatsApp for more personal interactions.
The variety suggests a gap in the market, waiting for some innovative entrepreneur to devise the next big thing, a site that teens consider cool and compelling—until their parents find it and ruin it too, of course.
Source: Chris Matyszczyk, “For Teens, Facebook Is ‘Dead and Buried’,” CNET, December 27, 2013, http://news.cnet.com
25 Friday Oct 2013
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Atkins, cereal, General Mills, GM, John Bryant, kellogg, Low Carb, Post
The cereal industry has been beset by a wealth of setbacks due to trends in the wider consumer environment. People …
13 Sunday Oct 2013
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The overall strategy embraced by Twitter seems to follow the KISS principle: Keep it simple, stupid! The microblogging service provider …
21 Saturday Sep 2013
Thirty-two teams play in the NFL, each putting players on the field every Sunday during the season in an attempt …