PW2 Web Blog

Integrating Media, Marketing, and Technology.

Regular features include S’M (Social Media) Tuesday, Thriv’Able Thursday, and S’Monday (Social Media) Tips.

 

Getting It: Seth Godin

Contributed by Rick DeVan on September 7, 2010 at 5:30 pm ET

Resource: If you want to learn to do marketing…

The best way to learn marketing is to do it.

If you know Seth Godin’s work you know he gets it”… big time.

If you do not know, you need to.

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Comments and discussion are welcome on the PW2 Web Facebook Page up to four weeks after publication date.

 

Middle Class Is Vanishing, The Next Big Thing Is Still Unseen

Contributed by Rick DeVan on at 7:00 am ET

Resource: Middle class vanishing as new hires divide into high-paid professionals, low-paid everyone else: Analysis

Job creation will likely remain weak for months or even years. But once employers do step up hiring, some economists expect job openings to fall mainly into two categories of roughly equal numbers:

Professional fields with higher pay. Think lawyers, research scientists and software engineers.

Lower-skill and lower-paying jobs, like home health care aides and store clerks.

And those in between? Their outlook is bleaker. Economists foresee fewer moderately paid factory supervisors, postal workers and office administrators.

Technology spurred job growth after the 1982 and 1991 recessions. The PC became revolutionary in the early 1980s. Internet use exploded after the Mosaic Web browser was introduced in 1994. Housing eventually lifted employment after the 2001 dot-com bust.

“There’s a lack of clarity on what the next big thing is going to be this time,” said David Card, an economics professor at the University of California.

Resource: Weekend Reading: Optimism, Pessimism, Realism… and Opportunity

First, say “Ugh”. Then, find the opportunity. These are not just economic changes.

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Thriv’Able Thursday (I): Nothing Is Normal in Recession

Contributed by Rick DeVan on August 19, 2010 at 7:00 am ET

Resource: Marketing to the New Normal

How are marketers to understand the intentions of recession-wrought American consumers? In a recent Businessweek article, Devin Leonard writes “[t]he new abnormal has given rise to a nation of schizophrenic consumers.” Economists continue to watch consumer behavior to discern patterns and predict the future but trends appear to be all over the place.

These trends or “anti-trends” may become more confused the longer the recession lasts. The new normal may be neither. However, human nature may make whatever is new, or more accurately, current… normal.

See also Thriv’Able Thursday (I): Post-Recession Consumers

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Thriv’Able Thursday (I): Post-Recession Consumers

Contributed by Rick DeVan on August 12, 2010 at 7:00 am ET

Resource: Post-Recession Consumers Adapting to New Economy

Amid the dark cloud of high unemployment, home foreclosures and the global credit crisis, a transformation has taken shape: the modern consumer has undergone a makeover of sorts and adapted to the new economy. As consumers evolve, product marketers must keep a finger on the pulse of what’s driving consumer behavior in order to rise above growing competition.

Consumers are evolving and adapting, but what will their behavior be like when the economy does finally turn around? Will they continue along the path of frugality or will they return to their old ways?

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S’M Special: Teens

Contributed by Rick DeVan on July 22, 2010 at 1:38 pm ET

Resource: Teens Want More From Social Media.

The results of a study from OTX suggest that assumption might not be completely true. The study reveals that teen users are cutting back on their use of these two popular sites. Is the decline the natural result of teens moving on to the next new new thing? Or is a deeper market force at work here?

As in surfing, the wave of social media is ever-changing.

Resource via Marketing Forecast.

 

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