From my email today:
Marketing Departments Understaffed, Too Many Move On Quickly
by Laurie Sullivan
[Research] In most cases the executives are brought in to turn around a failing business. If the business doesn't pick up, they are pushed out the door. "We know the average time a chief marketing officer spends in any position is 22 months, and the study suggests many marketing executives have just under eight jobs in about 18 years," says MENG president Richard Guha. "That's quite horrifying." - Read the whole story...
Mattel Sales Ride 'The Dark Knight' Headwinds
by Sarah Mahoney
[Retail] And if predictions for the Warner Bros. movie pan out, the latest Batman sequel toys will provide plenty of continuing coattails for product tie-ins. Variety, for example, reports the film has a shot at opening as high as Disney's 2006 "Pirates of the Caribbean: Dead Man's Chest," with $218.4 million. - Read the whole story...
Economy Spurs Faster Retail (Vs. Food Service) Coffee Growth
by Karlene Lukovitz
[Beverages] Small behavior changes have a major impact on the coffee market, and current economic pressures are expected to drive consumers to brew more of their premium coffee at home and/or choose less extravagant out-of-home coffees. The result: While the food service sector will maintain its lion's share of coffee dollars, retail-purchased coffee's growth rate will slightly outpace food service's over the next five years. - Read the whole story...
Used Compact Cars From '90s Going Like Hotcakes
by Karl Greenberg
[Automotive] Cars.com, the shopping and research site, reports a big increase in searches on the site for economy cars built in the mid- to late-'90s. Per the site, the Geo Metro and Geo Prizm have seen consumer searches rise by more than 200% versus last year. And guess what? Their prices are up. - Read the whole story...
Mercedes Dives Into Swimwear Show In Miami
by Karl Greenberg
[Automotive] The company is title sponsor of Fashion Week in New York, Los Angeles, Mexico City, Berlin and Miami. Starting next year, Mercedes will also have title sponsorship of Stockholm Fashion Week by Berns. This summer, Mercedes-Benz was creator and title sponsor of "Young Fashion Industry Award at Stockholm Fashion Week." - Read the whole story...
Coke Launches Tour With Hip-Hopper Lupe Fiasco
by Karl Greenberg
[Beverages] The company will have branding and products at concerts, including "Coca-Cola City" backdrops on the stages to Coca-Cola beverages. "The concert venues are set with multiple experiences that allow teens to interact with the brand," says Coke's Yolanda White. - Read the whole story...
Luxury Shoppers Migrate Toward The Web
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