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How can a company known for its $1.50 hotdogs also make a mark by selling gold bars? For Costco, the …
13 Tuesday Feb 2024
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How can a company known for its $1.50 hotdogs also make a mark by selling gold bars? For Costco, the …
08 Thursday Feb 2024
Posted in Marketing Tidbits
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advertising, AI, J.Lo, Jennifer Lopez, marketing, Virgin Voyages
Who needs Bennifer, when we can have JenAI? In the massively rebounding cruise industry, different companies are determined to grab the lion’s share of the market. Virgin Voyages is attempting to make its mark with a combination of two of the most popular entities in pop culture: Jennifer Lopez and AI. As showcased in a new advertising campaign, visitors to the Virgin Voyages website can input a script that will invite their friends and family to join them on a cruise, voiced seemingly by the world-renowned pop star. To support this novel capability, Lopez allowed cameras to capture her image and various phrases used during a day spent on the company’s newest ocean liner. When prompted by a user, the AI technology generates a video likeness, in which Lopez offers a personalized invite, along with a good reason (e.g., “Hey mom, let’s cruise, because you deserve it!”). Careful controls have been put in place, to avoid obscene or inappropriate content. But ultimately, Lopez has given up some control of her likeness, to help Virgin Voyages sell more tickets. According to the company, the novel advertising approach is effective, such that it has prompted 150 percent more engagement than its last campaign, as well as approximately 1000 bookings by people who had never cruised before. Let’s just hope those new sailors are not under the misapprehension that J. Lo will actually be on board. We think she might have her own yacht to sail.
Sources: Emma Hall, “Jennifer Lopez Lets AI Do the Talking in Personalized Virgin Voyages Campaign,” More About Advertising, June 30, 2023; CNBC, “How Virgin Voyages Is Using AI—and a Partnership with J. Lo—to Boost Bookings,” July 28, 2023, https://www.youtube.com/watch?v=cMo4lZQQ-So
06 Tuesday Feb 2024
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Proctor & Gamble (P&G) maintains an enormous product assortment, which it classifies into ten product categories, like oral care, hair …
01 Thursday Feb 2024
Posted in Marketing Tidbits
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Among the many fashion and toy brands owned by Macy’s, Anne Klein is one of the most recently acquired. But ever since the two well-known brands came together, Anne Klein has been determined to expand its reach, across more channels and through product line extensions. Thus, beyond women’s clothing, the brand now offers home goods like towels and sheets, as well as branded furniture lines. To leverage and exploit these corporate ownership links, the two companies also have created a pop-up shop in New York’s SoHo district. Open for the weeks leading into the holiday season, it will feature both everyday and evening wear, right in time for people to grab something new before their fancy holiday parties. In an attempt to encourage purchases on the spot, people spending at least $100 receive a limited-edition tote bag too. This temporary and unconventional channel experiment may be novel for Anne Klein, but Macy’s has relatively extensive experience with it. In past years, it has hosted “shop within a shop” displays with Toys ’R Us and Best Buy.
Sources: Tatiana Walk-Morris, “Macy’s, Anne Klein Partner on NYC Pop-Up Shop,” Retail Dive, December 16, 2023.
30 Tuesday Jan 2024
Posted in Chapter 10: Marketing Research
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The transformation of anime has been remarkable—not in its style, which has remained largely consistent for decades, but in its …
23 Tuesday Jan 2024
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Ideas, innovations, and experiments for effective grocery delivery have been cropping up for decades at this point. The conventional wisdom …
16 Tuesday Jan 2024
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Especially around the holiday season, consumers are often inundated with promotional offers from mobile service providers, promising them the latest …
09 Tuesday Jan 2024
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Most of the time, these abstracts refer to how retailers are experimenting with and implementing exciting, cutting-edge technology to transform …
19 Tuesday Dec 2023
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By pricing popular items at very low levels, retailers might succeed in enticing consumers into their stores, where they tend …
12 Tuesday Dec 2023
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Robots might not be able to consume sugary, carbonated soda—think what it would do to their mechanics!—but that has not …