Thursday, February 14, 2013

Response to Kevin's post

Do you think that companies like Verizon should offer a conservative product and phone plan combination, or are they within their ethical rights to jack up simple phone prices to encourage buyers to increase data usage?"

I agree with kevin that people may look at smaller companies for a cheaper plan and phone. You can't even get a plan for under 80 dollars a month now a days from my experience. I wouldn't mind not having a smartphone if I had to pay 20 dollars a month. The prices are getting so expensive that it is hardly even worth what you get for them. On my plan I have to pay 100 dollars a month for just my smartphone which I think is ridiculous. But to get a phone with no data plan and only about 20 dollars cheaper so I minds well. If I could find a really cheap plan without the newest, coolest phone i would go with that option.

Generation Y

Generation Y is the generation that was born between 1979 and 1994. We spend an extremely high amount of money annually and about ten trillion dollars in a life time. Our generation is the generation that most marketers are trying to reach. We tend to believe that we "need" all of the newest technologies such as smart phones, high definition TVs, x-box and PlayStation's, and so on. Our generation is willing to spend money on all of these things where the older generation didn't grow up with them and don't always feel the need for them. This is why marketers do not spend so much time targeting them. Instead they focus on the young generation that's watching the ads, reading the magazines and using the smart phones.

Do you buy the newest technologies such as smart phones, x-box's and high definition TVs or can you live with the simple more outdated versions?

Monday, February 11, 2013

Response to Drew's post

I believe social media is still worth it even though it is not available to everyone. Facebook, twitter, snapchat, instagram and so on reach millions of people. Even people that do not have these things know what it is and will still catch information circling on them from other people or even the news. Even though every single person doesnt have one, the majority of people that I know do. It is aspecially helpful to the younger generation because nearly every one of them has some sort of social media. I think any company that creates a facebook page or equivelent will reach hundreds of new people and customers that they would not have if they didnt make it.
Do you think social media is still worth it even if it does not reach everyone?

Satisfaction and value

Do you believe that the value if a product reflects the satisfaction of the customer?

I do not believe that the value of a product reflectes the satisfaction of a customer. Working in retail there are always products that go wrong- a customer purchases something that breaks or does not work properly. They come back to the store and with great customer service we repair the broken product or give them a new one, and they will continue to come back. They know that it was not our fault that the product did not work properly and we used great customer service to make the customer happy. This is an example as to why customer satisfaction does not always depend on the value of the product.
Have you gone back to a store and bought something new, even if you had a bad experience with a product you purchased there in the passed?

Response to Caitlyn Croasdale's Post

Do you pay more for food or atmosphere when you go out to eat? 

I pay more for atmosphere. If a place has great food but a bad atmosphere I really have no desire to go there at all. I like to be in a place that feels welcomeing and makes me enjoy my time. For example I went to a Irish pub last night. The food was just like any other restaraunt, nothing special but not bad. The atsmposhere however had happy servers that welcomed you, it had great music and action sports on the tv. These things made me want to go back there regaurdless of how the food was. It of course is important to not have terrible food because I would not go back if it was really bad, but if it is satisfying to me I will go back anytime.

Marketing concept

Can the marketing concept reach a point of diminishing returns?
The marketing concept can reach a point of diminishing returns. An example is Coca-Cola. I am always seeing new types out like Coke 0, Diet coke, Low carb Coke, Sugar free coke and so one. It seems like every time I go into a gas station I see a "new" type of coke, but how different can they really be? I think this type of marketing is targeting too many different types of people when "Diet Coke" and "Coke 0" are just fine. Another example is stride gum. There are always new types of stride gum that really do not differ all that much. They are always coming and going like they are trying too hard to come out with the best gum product that they put a bunch of weird tasting useless gum out.
Do you get annoyed with these large companies always coming out with a new product, that is just the same as the old one but with a different label?