Daily Archives: November 11, 2019

YETI About to Get Cold Shoulder.

By
Steve Poppe
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Say it ain’t so Yeti. You are not really opening up more and more retail stores. It sounds as if you’ve been bitten by the success bug and it could be your undoing. Yeti is a very cool brand name, which I first came across on my handlebar grips. It seems there’s a mountain bike company by the name too. Yeti coolers are a gold mine. Now a public company with board members hungry at the trough, Yeti is looking to grow faster than the laws of nature allow. Hence, retail stores.

The problem is that Yeti is a sales handgrenade for Bass Pro Shops, West Marine, Cabella’s, REI, and Dicks Sporting Goods and an assortment of mom and pop and chain hardware stores across the country. Let’s not even mention Amazon who accounts for 30% of Yeti sales.

These channel partners built displays around Yeti products. Moved prime store real estate and displays around to help build excitement. These partners were your biggest fans. Now you’re trying to take traffic and sales away from them. Yo lo mistako.

It reminds me of when Krispy Kreme changed its channel strategy and started flooding the market with product. “Pick up your cold donuts at the gas station,” was the big growth idea. IPO- and CEO-driven initiatives.

Yeti has a great product but they’ve taken their eyes off the ball. They are going from underdog to over-dog, and their biggest fans will be leading the way.

Peace.

 

Marmot’s super bowl spot.

By
Steve Poppe
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0

(This post originaly appeared February 10, 2016, then was taken down die to a hack.)

I love the Marmot brand. I ski in Marmot, I sleep in Marmot, I do outdoors stuff in Marmot. I want to own more of it.  The gear is well-designed, engineered-to-the-max and good looking.  They’ve done a wonderful job with branding and marketing. (I have tend pole that bent, and it doesn’t even bother me. Why? Because Marmot is like family.)

Then, before the Super Bowl, I saw a Marmot teaser ad campaign and knew I wasn’t going to like. Super Sunday I saw the real thing.  It’s a Goodby, Silverstein and Partners spot, focusing around, you guessed it, a marmot. Were this toilet tissue or insurance, maybe. But cuddly talking Marmot? Oy. I can only imagine the 2 other campaigns the agency pitched to beat this one. It should never have been presented. Lazy ass trade craft. It is so unfitting of the brand.

I can just imagine the engineers in the goose down research center, breathing feathers all day, watching the game on TV with their friends. “A talking marmot, really?” No wonder advertising and marketing people have a bad name in engineering focused companies.

As a brand strategy guy and Marmot fan it was a sad day. Even if the spot tested off the charts with the teens and tweens – the next generation of buyers – it was a brand mistake. A 5 million dollar mistake. And that’s a lot of feathers.

Peace.    

 

 

 

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