| Write You |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Business > Business > Retail's First Moment Of Truth - The Package |
|
Write You - Retail's First Moment Of Truth - The Package
Positioning Your Business Globally For 21st Century Success and easy to use and understand and you will have a winner.The U. S. Department of Defense (DOD) owns and operates the Global Positioning System (GPS), including 24 satellites, each orbiting the earth every 12 hours, as the graphic above illustrates.GPS, a navigational system, computes the position and velocity of things in a highly detailed, three dimensional way.The GPS costs $400 million annually, and it is essential for our national defense.Civilian GPS usage is increasing rapidly. For example, many newer cars and boats have GPS navigation systems to show where you are, where you want to go, and how to get there.There are hand held GPS devices, too, priced around 100 dollars.Let’s apply this GPS principle—positioning--to your business.How broad is your present market positioning? Local, regional, national, international or global?What are your Business Plan goals? In what direction, and at what velocity, are you moving toward attaining your 21st Century business goals? And how are you getting there (strategies and tactics)?In most cases, your business should be moving toward a global position.Why limit your business to a neighborhood, town or city, region or just one nation? In the 21st Century, that’s neither Are you aware that the 50 + generation is the fastest and most affluent purchasing demographic? Did you know that: · Americans age 50-plus control $7 trillion, or 70% of all US wealth. · The 50-plus group brings in $2 trillion in annual income that they want to and are willing to spend. · One baby boomer turns 50 every 8 seconds of every day. Do a little calculating here about this market size. Think of all the boomers that you know besides me. · The most common phrase that seems to satisfy everyone is “active adults.” Do you know what they want in their product packaging? Whether you use the word, "boomer," "senior over 50," or "aging," this age group doesn't want to be referred to as old. No "over the hill" context. Use words that are not considered negative. In a recent survey I conducted, the words " The Power in Establishing Support Teams What is a package any way? We all know it conveys a product from point A to point B. Besides the obvious of getting it there undamaged or not broken, what's a box supposed to do? That job has changed dramatically in the last decade. The package has become the “first moment of truth” at retail. And now, especially it’s going to decide whether someone will by your product, or not. So you better pay attention to not only what goes inside but what’s on the outside of the box.Have you ever had an incredible idea only to have it shot down by friends or family? Just because someone is a family member or a friend is no guarantee they will support you in reaching your dreams or goals. If they are not motivated or goal oriented themselves, they may not want you to be more successful than they are. Some people are far more interested in holding you back than pushing forward and being left to eat your dust.They may ask questions like, "Why would you want to do that? That's a dumb idea and besides, what makes you think it'll even work? Boy, think how stupid you'll look if you fail." Suddenly you begin to doubt yourself and then the fear of failure begins to creep up and consume you.Think of this same situation except this time you share your idea with people who are positive, motivated and have dreams of their own. They say things like "Wow, that's exciting! What can I do to help you? When do you want to get started?" Can you see the difference in the energy and support?No idea should ever easily be tossed out. Consider establishing teams that will help you refine and implement your ideas. Develop one, several or all four of the following support teams to help you reach your goals.Personal TeamM Just because you have a great product doesn't mean its going to sell. Or even if you have it in the right retail environment that it’s going to fly off the shelf. Packaging a product the right way entails much more than just creating a box to put your product in. Sure, you are going to get it there in one piece, we hope but gone are the days of the box acting as only a protective shipping container. The box today is the "retail" salesperson. The box or package is expected to provide the necessary information to make an informed shoppers’ decision plus no salesperson is available to answer a question either. So the package must be the silent salesperson to tell all there is needed to know. More importantly conveying the information about what is inside and how it’s going to help the consumer solve a problem. That’s an important factor to remember. When someone looks at your product in their minds they are saying “What is this product going to do for me?” Do think about your package from a consumer’s perspective, not a package designers or engineers. Don’t get caught up in the notion about what has to be “ON” the box rather what needs to be on the package to pique or satisfy the consumer’s interest. Keep engineering driven statements to a minimum, rather explain what value and benefits they will derive vs. technically oriented information. Think about the people who shop. Today’s consumer is a moving target. You have market trends, demographics and market niches that are continually evolving at any point in time. If you are not staying on top of these trends then your product isn’t “connecting” to them with the right message. That core “message” is one of the most important attributes of your product packaging. An intrinsic message can be conveyed in a number of ways. You can make your product more appealing though a variety of package applications. Here are a few ideas to consider, compelling graphics, a complete family of interrelated products, engaging lifestyle photographs, clear and concise and short instructions and benefits driven statements. All of which have a subtle “feel good” message for the consumer. It tells them what they need to know or provides information that “connects” them with other satisfied buyers. Were you aware that women either influence or make the purchasing decision 85 percent of the time? In some market sectors its more and in some less, but over all its women that make the primary purchasing decision. What is going to get her to buy your product? The answer is not what you might think. But consumer’s goods companies are finally waking up to that fact. Unfortunately, its not as simple as just taking the man off the box and replacing it with a woman. Nor is it to use pink packaging or other feminine colors. . Did you know that the number one color for packaging chosen by women is blue followed closely by red? So first, understand you need to connect with her on an intrinsic level. Do you understand why she is making the purchase? Alternatively, you need to know where she will be shopping. One thing is for sure, she will be in a hurry. Today's women are over worked, time crunched, and busy multitasking. How are you going to help her make an informed purchasing decision? Make it easy for her to buy and easy to use and understand and you will have a winner. Are you aware that the 50 + generation is the fastest and most affluent purchasing demographic? Did you know that: · Americans age 50-plus control $7 trillion, or 70% of all US wealth. · The 50-plus group brings in $2 trillion in annual income that they want to and are willing to spend. · One baby boomer turns 50 every 8 seconds of every day. Do a little calculating here about this market size. Think of all the boomers that you know besides me. · The most common phrase that seems to satisfy everyone is “active adults.” Do you know what they want in their product packaging? Whether you use the word, "boomer," "senior over 50," or "aging," this age group doesn't want to be referred to as old. No "over the hill" context. Use words that are not considered negative. In a recent survey I conducted, the words "g Buying Business Phones expected to provide the necessary information to make an informed shoppers’ decision plus no salesperson is available to answer a question either. So the package must be the silent salesperson to tell all there is needed to know.Business phone systems can be purchased from telephone service providers, other manufacturers through their sales networks or through Internet. Most businesses usually need to have several telephones to run their operations and it is neither practical nor necessary to have each telephone connected to the external (service provider's) network. Communication systems containing internally operated switching systems are available that do not require connecting each telephone set to the public telephone network.Most businesses usually install an internal phone switching system (called "Private Automatic Branch Exchange" or PABX) that provides an interface between internal telephone instrument's network at one end and external telephone services provider at the other. Latest electronically controlled PABX systems are called EPABX systems.PABX equipment needs to be purchased by business owners along with required number of instruments. Arrangements need to be made to install all equipment at their premises. In addition, some extra outside lines are useful for making and receiving calls to the public telephone network. Businesses with multiple branches can connect their PABXs together with trunk lines.Similar services can also be provided by in More importantly conveying the information about what is inside and how it’s going to help the consumer solve a problem. That’s an important factor to remember. When someone looks at your product in their minds they are saying “What is this product going to do for me?” Do think about your package from a consumer’s perspective, not a package designers or engineers. Don’t get caught up in the notion about what has to be “ON” the box rather what needs to be on the package to pique or satisfy the consumer’s interest. Keep engineering driven statements to a minimum, rather explain what value and benefits they will derive vs. technically oriented information. Think about the people who shop. Today’s consumer is a moving target. You have market trends, demographics and market niches that are continually evolving at any point in time. If you are not staying on top of these trends then your product isn’t “connecting” to them with the right message. That core “message” is one of the most important attributes of your product packaging. An intrinsic message can be conveyed in a number of ways. You can make your product more appealing though a variety of package applications. Here are a few ideas to consider, compelling graphics, a complete family of interrelated products, engaging lifestyle photographs, clear and concise and short instructions and benefits driven statements. All of which have a subtle “feel good” message for the consumer. It tells them what they need to know or provides information that “connects” them with other satisfied buyers. Were you aware that women either influence or make the purchasing decision 85 percent of the time? In some market sectors its more and in some less, but over all its women that make the primary purchasing decision. What is going to get her to buy your product? The answer is not what you might think. But consumer’s goods companies are finally waking up to that fact. Unfortunately, its not as simple as just taking the man off the box and replacing it with a woman. Nor is it to use pink packaging or other feminine colors. . Did you know that the number one color for packaging chosen by women is blue followed closely by red? So first, understand you need to connect with her on an intrinsic level. Do you understand why she is making the purchase? Alternatively, you need to know where she will be shopping. One thing is for sure, she will be in a hurry. Today's women are over worked, time crunched, and busy multitasking. How are you going to help her make an informed purchasing decision? Make it easy for her to buy and easy to use and understand and you will have a winner. Are you aware that the 50 + generation is the fastest and most affluent purchasing demographic? Did you know that: · Americans age 50-plus control $7 trillion, or 70% of all US wealth. · The 50-plus group brings in $2 trillion in annual income that they want to and are willing to spend. · One baby boomer turns 50 every 8 seconds of every day. Do a little calculating here about this market size. Think of all the boomers that you know besides me. · The most common phrase that seems to satisfy everyone is “active adults.” Do you know what they want in their product packaging? Whether you use the word, "boomer," "senior over 50," or "aging," this age group doesn't want to be referred to as old. No "over the hill" context. Use words that are not considered negative. In a recent survey I conducted, the words " Managing Garment Merchandising mer is a moving target. You have market trends, demographics and market niches that are continually evolving at any point in time. If you are not staying on top of these trends then your product isn’t “connecting” to them with the right message. That core “message” is one of the most important attributes of your product packaging.IntroductionThe textile and garment industry is booming in India, especially after elimination of the global quota system. Presently India is exporting garments to more than 100 countries including US, EU, Latin America, and Middle East. Last year, garment export was nearly $5000 million and about 1200 million pieces. The main competitors of India are countries like China, Korea, Pakistan, Bangladesh, Malaysia, and Sri-Lanka.The Indian garment industry is gaining ground in the world market at breakneck speed, but still not flourished at its fullest extent. Although the resources are available plentiful with a powerful foundation of fabric and spinning sector to support. The key factors behind this are low technological development, lower output, cut throat competition, high raw material cost, inadequate infrastructure, traditional productivity, unfavorable regulatory policies, and globalization impact. However, there is a fair list of the producers, suppliers, and exporters that are fully acknowledged with regulatory policies and formalities, international marketing policies and procedures. The only concern is in executing their productivity initiatives, and meeting with order deadlines.Now days, major companies are adopting merchandisi An intrinsic message can be conveyed in a number of ways. You can make your product more appealing though a variety of package applications. Here are a few ideas to consider, compelling graphics, a complete family of interrelated products, engaging lifestyle photographs, clear and concise and short instructions and benefits driven statements. All of which have a subtle “feel good” message for the consumer. It tells them what they need to know or provides information that “connects” them with other satisfied buyers. Were you aware that women either influence or make the purchasing decision 85 percent of the time? In some market sectors its more and in some less, but over all its women that make the primary purchasing decision. What is going to get her to buy your product? The answer is not what you might think. But consumer’s goods companies are finally waking up to that fact. Unfortunately, its not as simple as just taking the man off the box and replacing it with a woman. Nor is it to use pink packaging or other feminine colors. . Did you know that the number one color for packaging chosen by women is blue followed closely by red? So first, understand you need to connect with her on an intrinsic level. Do you understand why she is making the purchase? Alternatively, you need to know where she will be shopping. One thing is for sure, she will be in a hurry. Today's women are over worked, time crunched, and busy multitasking. How are you going to help her make an informed purchasing decision? Make it easy for her to buy and easy to use and understand and you will have a winner. Are you aware that the 50 + generation is the fastest and most affluent purchasing demographic? Did you know that: · Americans age 50-plus control $7 trillion, or 70% of all US wealth. · The 50-plus group brings in $2 trillion in annual income that they want to and are willing to spend. · One baby boomer turns 50 every 8 seconds of every day. Do a little calculating here about this market size. Think of all the boomers that you know besides me. · The most common phrase that seems to satisfy everyone is “active adults.” Do you know what they want in their product packaging? Whether you use the word, "boomer," "senior over 50," or "aging," this age group doesn't want to be referred to as old. No "over the hill" context. Use words that are not considered negative. In a recent survey I conducted, the words " Tough Guys Make it Online! of the time? In some market sectors its more and in some less, but over all its women that make the primary purchasing decision. What is going to get her to buy your product? The answer is not what you might think.Are you planning to start your own internet business? Have you seen all those fancy sales pages that promises you millions for nothing and life for free and decided to jump on the wagon? Great! But did you know that close to 95% of all internet entrepreneurs fail? Did you know that only a very few people on the internet actually makes more than 500$ a month and that only a fraction of all internet marketers are able to make their living online and even fewer make a six figure income?If this doesn’t scare you off you must be a tough one – and you have to be tough to make it online. Not tough in a “mean” way but you really need to have the dedication it takes to keep on going, even in times when you feel like crawling backwards through a swamp. You need the spirit not to give up if you don’t see immediate results. It’s all about building momentum and to manage to create that you have to be a person who doesn’t give up!Are you tough enough to become an internet millionaire? Do you have what it takes to make it online?Personally I have been close to giving up many times in my life. At one point I in fact decided to let my online marketing go and I just lay it all to rest. However, I just couldn’t sit around with nothing to do and little by But consumer’s goods companies are finally waking up to that fact. Unfortunately, its not as simple as just taking the man off the box and replacing it with a woman. Nor is it to use pink packaging or other feminine colors. . Did you know that the number one color for packaging chosen by women is blue followed closely by red? So first, understand you need to connect with her on an intrinsic level. Do you understand why she is making the purchase? Alternatively, you need to know where she will be shopping. One thing is for sure, she will be in a hurry. Today's women are over worked, time crunched, and busy multitasking. How are you going to help her make an informed purchasing decision? Make it easy for her to buy and easy to use and understand and you will have a winner. Are you aware that the 50 + generation is the fastest and most affluent purchasing demographic? Did you know that: · Americans age 50-plus control $7 trillion, or 70% of all US wealth. · The 50-plus group brings in $2 trillion in annual income that they want to and are willing to spend. · One baby boomer turns 50 every 8 seconds of every day. Do a little calculating here about this market size. Think of all the boomers that you know besides me. · The most common phrase that seems to satisfy everyone is “active adults.” Do you know what they want in their product packaging? Whether you use the word, "boomer," "senior over 50," or "aging," this age group doesn't want to be referred to as old. No "over the hill" context. Use words that are not considered negative. In a recent survey I conducted, the words " Wireless High risk Merchant Accounts and easy to use and understand and you will have a winner.Pornography, a multi-million industry, is good business. Adult videos and magazines are always doing brisk sales. But aside from these forms of media, billions of people around the world turn to the Internet to access pornography. Finding an Internet connection is not hard these days. Some people no longer use a traditional plug-in modem to connect to the web, and instead use wireless modems and cellular phones. This becomes a big problem for people who run adult websites because it is now easy to hack into their sites and enter it illegally.Getting your own siteSo how does one run this kind of business? The most important thing you need before anything else is to have a merchant account. This is an account that allows you to collect credit card fees from your clients. Adult sites are considered "high risk" because they are the kind of business that usually runs "offshore." It means that they do not really have a physical establishment. They are also considered "high risk" because they are often victims of Internet fraud.Hacking into the accountsComputer hackers are able to access these kinds of site without paying a dime by stealing account passwords. This is done through "trash diving." Hackers go through trash cans and search Are you aware that the 50 + generation is the fastest and most affluent purchasing demographic? Did you know that: · Americans age 50-plus control $7 trillion, or 70% of all US wealth. · The 50-plus group brings in $2 trillion in annual income that they want to and are willing to spend. · One baby boomer turns 50 every 8 seconds of every day. Do a little calculating here about this market size. Think of all the boomers that you know besides me. · The most common phrase that seems to satisfy everyone is “active adults.” Do you know what they want in their product packaging? Whether you use the word, "boomer," "senior over 50," or "aging," this age group doesn't want to be referred to as old. No "over the hill" context. Use words that are not considered negative. In a recent survey I conducted, the words "golden," "aging" and "elder" were disliked. Sell the 50 + generation the experience and the benefits that come in using your product or service. Lifestyle issues are important. Boomers expect to live well and longer so conveying this in your product will create relevance. And don’t forget their eye sight issues too. Bigger type will satisfy them. As our population matures manual dexterity in opening the product will also become increasingly important. It’s trends like this that dramatically influence product packaging and who will be the primary shopper. Yes, there are many other important demographics out there but women and 50+ gen. account for a tremendous and lucrative segment of the population. One you cannot overlook in any product packaging. So it is imperative to understand what today’s consumer expects and demands from their product packaging. When a consumer shops, 70 % of the time they make the purchasing decision in the retail environment. That means at the store, not before and also means your product is competing with dozens of like or similar products for their attention. The clutter and proliferation of competitive products is almost mind boggling. So even if you have established brand awareness, is it enough to make your product stand out on the shelf? A quick note here on branding for seniors: The over 50 population is not brand loyal contrary to what you might think. They will switch brands if you provide a superior experience especially at a lower or competitive price. What makes this problem even more difficult is that on average a consumer is going to take approximately 2.6 second to make up their mind whether to pick your product off the shelf. That’s a few seconds of retail sensory overload that going to determine whether or not your product will sell. So your package better have the right message geared towards the right audience. There are so many factors that can influence a buyer to pick up your product. But there are several things which I call “universal truths” that influence virtually any consumer. 1st: Time is not on your side. Consumers are in a hurry. They are not going to take a lot of time making up their minds which item to buy. Make your product easy for them to access where and when they are shopping and have your product make the buying decision for them. 2nd: Convenience is mandatory. Look at the success of Wal-Mart or Best Buy where you can access a myriad of products under one roof. Today’s consumer is looking for one stop shopping where they can the majority of what they need in one place. Other growth areas include convenience stores which are upgrading and expanding their quality and quantity of products. 3rd: KISS. Keep it simple stupid. The more complicated the decision making process the more likely you will loose their interest. It needs to be quick, simple and uncomplicated. Last but not least-----give them a reason to buy. What is this product going to do for them? In many cases They will even pay more if it solves a problem. Other "social” issues that can influence your package in include: Environmentally accountability or sustainability: Green issues revolving around disposability, recyclability, and the latest hot button issue bio-plastics or bio-resins. The environmental aspects of packaging are heating up. Every week there are dozens of article pertaining to packaging and the waste stream. Packaging Innovation:
Product security:
HTTP = HTML link (for blogs, profiles,phorums):
Related Articles:Ebay Forces Cross Sellers To Use Paypal Why Companies Give Corporate Awards Plastic Corrugated and the Electronics Industry—A Shock to the System
|