Marketing
Is Google About to be Yahooed?
Google has been drawn in to the “Microsoft is buying Yahoo” fray and it may just be what Microsoft is bargaining for. Were I Microsoft, I’d want to create as many side skirmishes as possible for Google to keep it distracted. And Google’s Eric E. Schmidt, with all that Microsoft scar tissue on his back, has taken the bait.
Google’s strength — its brand strength — is in search. During earlier centuries when exploration was the next frontier being the “map” company was the winning proposition. In today’s internet society being the “search” company is where the gold is. That said, Google has in many respects forgotten its product mission, becoming greedy and marketed spreadsheets and word processing software, video, and myriad other off-mission technologies. It is diluting its meaning as a search company. And slowed revenue in its latest quarter has perhaps validated this observation. (Search certainly hasn’t slowed.)
Once Google loses its core business value, it may become Yahoo. Microsoft’s Steve Ballmer may be a smarter dude
Hayden Panettiere and Anna Nalick
Goodbye and Hello Moto
Motorola has always been a perplexing brand. Like Lucent and AT&T before it, Motorola has operated for decades in the telecommunications hardware business. Makers of big network phone switches, tiny alphanumeric pagers and cell phones, Moto became most famous for its “gotta have” Razr phone.
Moto with frequent highs and lows in all of its hardware businesses has for some reason not been able to consistently fire on all cylinders. Just when they’ve had a strong run, they go soft. And the Street blames management. Carl Icahn has an answer, and it’s a good one. Split off the mobile devices company (read cell phones) and create two separate businesses.
Though Nokia and Apple will be strong competitors of the handset business, and I’m sure there’s a Chinese company on the horizon, Moto has the people, pride and market power to go back on top. With renewed focus and leadership we may all be speaking into Moto phones in a year or two. (And please don’t listen to any branding companies and change the name of the business. Fight the urge.)
Shiny or not?
Fortunoff (or as we say in NY, Fortunoff’s) needs help to bring it back from the brink of bankruptcy. Lord & Taylor is reported to be ready to scoff it up and incorporate it into their larger, upscale retail stores. Here’s the rub — and for the record, I think Lord and Taylor’s new management company NDRC Equity Partners has done a great job reviving that wonderful old brand – Fortunoff sells expensive things that shine. Lord and Taylor’s sells expensive things that don’t.
Keep both stores on one retail footprint but separate them. Make them accessible through different doors, play different music, have different lighting, different merchandising and have sales associates wear different sweaters (you know what I mean.)
Faster food
Here’s an idea for McDonald’s as it sets its plans for China. Loose the stores and build just drive-thrus.
China is the world’s fastest growing major auto market. In many locations, I’ll bet over 80% of the customers arrive to McDonald’s — so why not rid the locations of the big walk-in real estate and simply build 30-40 drive up windows fed by a production facility built underground. The goal would be to get people served in under a minute, including drive-up.
The one and only is back.
The U.S. retail business is set for a downturn, just ask anyone at the Davos Conference in Switzerland. Yet Sony seems quite rosy about its future and rightfully so. Have you seen (or bought) one of Sony’s beautiful flat screen TV’s lately? And, OMG, have you viewed any programs in Hi-Def on them? They are amazing. Sony always kicked butt in TV but now they’re back with a vengeance.
One Ford Campaign.
“One Ford,” the new rallying cry of CEO Alan R. Mulally, is an internal and Wall Street message intended to build moral among employees and The Street on the heals of crazy losses. Ford reduced losses by close to $10 billion in one year but was still $2.7 billion in the hole in 2007. “One Ford” connotes consolidation of the four Ford companies into one and the reduction of the many, many production platforms around the world into a more economical number.
Pharma outstanding in its field? Not!
This whole pharmaceutical advertising thing is driving me crazy. Pharma ads today read like investor relations documents: they contain thousands of words, are dense, unintelligible, full of obfuscation and blather. Has anyone other than a lawyer and proofreader really ever read one of these print ads stem to stern(um?)