Apparently these stores are being overlooked by teenagers lately, thus their sales are not doing as well as they would like them to be. Teenagers would rather shop at trendier stores like Forever 21 or H&M and feel like department stores are for older people. The stores have realized this and have started changing their merchandise to be more "fast fashion" trendier clothes to keep up with these other stores (source).
A Student's View on Marketing
Tuesday, December 18, 2012
Department Store Marketing
Apparently these stores are being overlooked by teenagers lately, thus their sales are not doing as well as they would like them to be. Teenagers would rather shop at trendier stores like Forever 21 or H&M and feel like department stores are for older people. The stores have realized this and have started changing their merchandise to be more "fast fashion" trendier clothes to keep up with these other stores (source).
How does Apple do it?!
Tuesday, November 13, 2012
How Current Events Affect Marketing
Many things have helped shaped what marketing is today, but nothing has shaped it more than the ever evolving use of technology. Internet has changed up the way that marketers advertise their products. The use of social networking sites, forums, and web searches has allowed the consumer to become more knowledgeable about products.
Along the same lines of creating useful websites to consumers, Lane Anderson wrote, "With the information age, customers are often more hungry for information about a product… Easily available information is no longer something nice to have-- it is expected". This change has been a vast improvement to consumers because now they are more educated about products, but at first this change had marketers worried. Now more than ever they have to make sure the customers are happy and get what is expected from the products or else the consumers have the upper hand in the situation and can share their experience with thousands of people on the internet.
Technology and the internet has drastically changed marketing, but even events that change yearly, or monthly have effects on marketing as well. For example, the presidential election. Many companies took the opportunity to change their marketing campaigns around the election because so many consumers were focused on it. Robin Embry writes in her article, "Convenience store chain 7-Eleven created the "7-Election" campaign where coffee drinkers can choose between a red cup and a blue cup. In the last three elections the cup sales have closely mirrored the final results." This is just one example of many that shows how companies can take an event that is happening world wide or nation wide and use it to their advantage to sell more products.
I don't know about you, but I think that it is fascinating how marketing strategies can change so drastically in such a short amount of time. It is not like that in every field. Take finance for example, those rules that they put in place haven't changed since they were created and everything is very guided and directed in one way. In marketing, there is never just one way to do something, and that is proven by how many times a marketing campaign can change over a period of time.
College Classes
Next, intro to marketing was a great class to get to know the groundworks to marketing. Yes this seems fairly obvious that it would be a class that is helpful to marketing majors, but i think a lot of people do not take it very seriously. Since this was one of my first classes in the marketing department I was so enthralled with it that I really got to know the material, and I think that really knowing all the basics helped me get a head start in all the other marketing classes.
Finally, I think that marketing research was a really helpful class to have an insight about what working would really be like. The class did have lectures and tests, but what I really got out of it was working on the main project in the class. The project was a group effort and consisted of creating a survey, analyzing data, and creating a presentation about the findings. It took the whole semester of working on it to finally finish it and I learned a lot about how to work in a group setting. This is one thing that I think is very important for all business professionals to know how to do. Learning how to work with multiple people and all their different strengths and weaknesses is one of the harder things to do.
Knowing what classes to take can sometimes be challenging, and knowing which classes to really focus on can even be more of a challenge. Hopefully this post has helped you, and now you know a few classes that I think are really beneficial to be well rounded in. I know at times school can be stressful, but spending a little extra time to make sure you know some of the material will really help you in future classes, and also when you are out in the real world and have to recall things that you learned in college.
Thursday, October 25, 2012
Getting Started in the Marketing Field
I hope that these tips were helpful to all of you on the hunt for jobs. Good luck!
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