“Marketers are now working to harness the newfound
communications power of their everyday customers, turning them into influential
brand ambassadors.”(An
Introduction for Education Management Corporation) Marketers today are
now beginning to expand on their businesses by increasing the marketing
campaigns as well as where the ads are seen and by who. The market is expanding
in so many way by places and locations affect who sees what is advertised and
if they can afford the product, as well as by mediums like technology and
televisions. Companies really want their brands exposed to you, and the more
they can get that across to you the better chance they have of you purchasing
there product. Facebook has achieved the goal of product placement every time
you log in to use it, there are items and places that you might like, click on,
or even buy right then. They feel like the more they expose the users to it the
better chance they have of the consumer being aware of the commercials and
products, as well as the consumer going out and purchasing the item. “In addition to posting jobs and
videos of current employees on its Facebook page, the company has recruiters
and other employees find user groups and join discussions.”(An Introduction for
Education Management Corporation) Facebook has become an easy medium for
not only friends to chat and connect on, but also for friends to check in on
companies, and their jobs. Facebook and other social media sites have expanded
to letting the companies relate to its users on a personal level and letting
them communicate with them. In this case we, the consumer, can have an idea
what the company is working on many times before a commercial comes out on TV. If current growth trends continue,
Facebook could rival traditional job boards in 2012(Recruiters Troll Facebook
For candidates they like) At this rate consumers will just look to
online social sites, and the sites of the companies themselves for the new
scoop, rather than going to the big stores to ask questions and found out what
the new products are by local associates.
Wednesday, October 31, 2012
Week 5 EOC: Social Networks and Job Hunting
Week 5 EOC: Social Networks and Job Hunting
Wednesday, October 24, 2012
Week 4: Business to Business
Week 4: Business
to Business
“The consumer market as we know consist of All the
individuals and households who purchase goods and services for personal use.” (www.answers.com) Some major factors that that
we used to base what we will buy are based off of the culture we were raised in
as well as the culture around us, our families, commercials, and also our
friends. Many of these factors, as well as social class, and flexible spending
money affect what we buy without us even thinking about it. There are five main stages in the
consumer buying decision process which include a need recognition, information
search, evaluation of alternatives, purchase decision, and post purchase
behavior.(Marketing: an
Introduction, Armstrong & Kotler, pg.134) The apple brand has made a
great connection with consumers by being there for them when they need
help, and also welcoming the user into a
technology family. The
adoption and diffusion process for new products is big in marketing, especially
for the United States, where we make purchases based off memories and feelings
of certain products. (http://allthingsd.com)
the business market is always growing and expanding, especially with
ever growing technology, the companies have to keep up to compete with other
brands. The companies have to keep on
creating new products as well as making flashy commercials to gain the
attention from the consumers and draw them in. If a company falls behind a
little bit another one will come in and take the spot with new materials and
gaining the crowd of the previous company causing them to reinvent the brand. The
steps in the business buying decision process really relate to the way we think
and we can further understand this by using Maslow’s hierarchy of needs. These
needs are a five step process that consists of Physical needs, safety needs,
social needs, esteem needs, and self-actualization. By knowing these steps we
can understand why we make some of the purchases we do.
Wednesday, October 17, 2012
Week 3 EOC: My Demographics
Week 3 EOC: My
Demographics
Since I
was born in the time period from 1977 – 2000 I fall into the category of the millennial
generation. This generation has a massive amount of purchasing power in the
consumer market with $733 Billion dollars. The true definition of millennials
or the millennial generation by the book is “a term used by demographers to describe a segment of the
population born between 1980 and 2000 (approximately). Sometimes referred to in
the media as "Generation Y," millennials are the children of the
post-WWII baby boomer generation.”www.pewsocialtrends.org)( Based on some research there are
about 76 million millennials in the United States. This group was raised on
fast food and self-entertainment and raising, rather than many of the other groups
where many individuals were taught lessons by family instead of friends. This
group has hit the ground running after education as well as technology to catch
up to the ever expanding market that seems to keep on expanding.(http://apps.americanbar.org) This group has
had to graduate high school, as well as finish college to even make an decent
impression on an interviewer and keep on moving on the path towards their
dreams because there is some much competition. Everyone in this group is trying
to do the same thing where there isn’t as much support compared to the other
groups and how they started and were raised. The millennials in the United States have
adapted to technology as well as the new things in the world a lot quicker than
the rest of the generations where it seems the market is leaving them behind.(http://nrn.com/article/targeting-your-demographic?page=0,1) This
generation group is based on entertainment and the market to keep in growing
and expanding with the new ideas and reinventions that keep coming out. This
young, and relatively new generation is still adapting to the other groups and
working and reaching out to make things happen, as well as making changes in
the world.
Week 3 EOC: Making Money for Good
Week 3 EOC: Making Money for Good
Nike is
a shoe company that has grown throughout the years and has become widely known.
The company has many supporters in the United States and has grown to become
known throughout the world too. They have used many different sports as well as
athletes to spread the world about their shoes and how great they are for all
kinds of sports. The company throughout the years have also placed there logo
on clothing products to help spread the word of their company. Nike has also
decided to support and sponsor certain athletes of whom they chose to get the
word across to the public’s eyes in a nice positive way. According to halogen TV
they stated Nike as the number one company in a quote stating “Nike donated more than 78 million to
the following causes: children and youth, conflict resolution, human rights,
international relief and development and recreation. Nike gave 5.3 percent of
its income to charitable causes in 2009.”(www.csrwire.com)( By Nike giving back to those countries
and individuals less fortunate, the consumers want to buy more to feel like
they are supporting as well as help out the cause. This is a positive movement
where the company doesn’t hog all the money and they give back to those in
need. According to athletic business.com “Nike has agreed to provide more than $1.5 million in pay and benefits
to 1,800 workers at two apparel factories in Honduras.”(www.mrporter.com) Nike has also come in after many world
disasters to come and help those that are in dire need like for the Hurricane
Katrina disaster in Louisiana. Nike also looks after there current, and former
workers, “According to
The New York Times, a Nike spokeswoman says the $1.54 million is for “a worker
relief fund” and not severance pay. Nike also agreed to provide vocational
training and finance health coverage for laid-off workers.”(www.ethisphere.com)
Wednesday, October 10, 2012
Week 2 EOC: Boston Consulting Group - Video Games
Alexander Moss
Week 2 EOC: Boston
Consulting Group - Video Games
The “Videogame
Makers Can't Dodge Recession” article by the Wall Street Journal is saying that
it is getting harder and more difficult to continue to sell games to the market
when the prices continue to climb, and go up, and we as America continue to
stay in a recession. The article is stating that the makers of these games need
to get with the program and make them more affordable for the consumers so
people can still buy the products. “A professor at the Stern Business School at
NYU has been conducting research in Japan on the effect of the secondary market
in video games on new game sales. According to preliminary results from the
study, the used game market actually increases sales in the new game market.” (blog.pricecharting.com)
I agree with the professor because people just want to play the games the gamers
don’t really care if it is new or not, as long as the game works. Myself as a
gamer prefer used games because I feel like I’m getting a deal and I can follow
the series of the games by starting with the first one, and playing them all
the way through.
According
to, toptenreviews.com, the Xbox360 is the top console for 2012. “Video game
graphics are becoming more and more advanced by the minute, multimedia
capabilities are improving and gaming is becoming more and more common every
day.” Many of users now days look for the consoles that go online so they can
play against their friends. “Developments in hardware and software have given
artist an even wider palette of tools with which to create.” (americanart.si.edu)
I feel that the Xbox 360 and the PlayStation 3 area both competing for the
market to reach the star level. Both systems have online users that play every
day as well as the family games. The ipad and iphone apps are really the ones on top of the market. The WII system I would put under the cash cow
category because it still makes games and is out in the market but only for the
younger kids it seems like they need to really expand their market to catch up.
The PlayStation 2 console, as well as the Nintendo DS, are in the question mark
section to me because they have games out on the market but they put out very
few, and don’t advertise enough to generate revenue. The system that would be
in the dog category is the Nintendo 64 or the Atari systems because they have
been of the market for some time and only fun for collectors.
Wednesday, October 3, 2012
EOC #2: week 1
EOC #2 week 1
Alex Moss
I have always had an interest in custom cars. I was inspired
by the shows like “Pimp my Ride” and worked to put all the extras on my
personal everyday car. I was inspired by the music video where all these cars
had the Lamborghini doors that went straight up in the air, and I thought that
was the coolest original thing. The problem was that this was a new thing where
no one had the money or even though about doing something so crazy to their
car. I found a person I Baltimore to do it and I was one of the first in my
area. He did for really cheap and I thought it was a great deal. Later the door
wouldn’t close and I got really mad and I was furious because he was a
professional in the field and I couldn’t find him or get a hold of him anymore.
He failed on the main fact of customer relationship management where “the
overall process of building and maintaining profitable customer relationships
by delivering superior customer values and satisfaction”(page 45), because I was
far from satisfied and furious. Later that week I found a custom car shop
fairly close to my house that could fix it and helped me with no issues. Long story
short they always catered to my needs and helped me out I ended up becoming a
normal customer who would always stop in. I decided to make frequent stops to
this shop because they cared about their customers and went out of the way to
order parts and make sure I the customer had received everything I needed in
one stop while getting a low price if not the best price in the area on new
stuff for my car. This is what customers like where businesses go out of their
way to help the customer.
EOC #1: week 1
EOC week 1
I am Alexander Moss and i am a recording professional. I originally
went to the Art institute of Washington DC, but transferred to the Art
Institute of Las Vegas to further my profession. I first got introduced into
the audio industry since a young age and never stopped moving forward to
working in it. I have received my training through various courses and class,
and have played many instruments like the trumpet, drums, guitar, piano, and
bass guitar just to name a few. My passion from music started in the family
where both of my parents were fully involved in musical field which inspired me
as well. Once I moved out here to Las Vegas my brother and I decided to start a
family music company. For us it is not all about the money, it is about having
fun with what you do, as well as following your heart and passion for the
music. We work together to make many mixes and beats to make mash ups and songs
that are brand new that relates to the times of the era. We all love music and it’s
about following the passion of the heart and bringing the glory to the music.
Feel free to check out www.mossart.org
where the music comes to life with free downloads.
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