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View Full Version : More on marketing, from NYT


CNY rider
05-20-2009, 10:08 AM
Snipped: Why does a diploma from Harvard cost $100,000 more than a similar piece of paper from City College? Why might a BMW cost $25,000 more than a Subaru WRX with equally fast acceleration? Why do “sophisticated” consumers demand 16-gigabyte iPhones and “fair trade” coffee from Starbucks?


» If you ask market researchers or advertising executives, you might hear about the difference between “rational” and “emotional” buying decisions, or about products falling into categories like “hedonic” or “utilitarian” or “positional.” But Geoffrey Miller, an evolutionary psychologist at the University of New Mexico, says that even the slickest minds on Madison Avenue are still in the prescientific dark ages.


Full article:http://www.nytimes.com/2009/05/19/science/19tier.html?hpw

So what am I supposed to be telling the world with my fancy expensive bicycles? Help me out here because I haven't a clue other than "I like to ride fancy expensive bicycles."

fiamme red
05-20-2009, 10:19 AM
Read the first comment (http://tierneylab.blogs.nytimes.com/2009/05/18/stop-us-before-we-shop-again/#comment-149317):

...I would have thought the 2 bikes would have hit the top 10 expenses but they don’t come too close actually. Time to keep sinking more money into new parts for them…

RPS
05-20-2009, 11:44 AM
So what am I supposed to be telling the world with my fancy expensive bicycles? Help me out here because I haven't a clue other than "I like to ride fancy expensive bicycles."If you believe the article is correct, then this statement says a bit too much:

"The grand edifice of brand-name consumerism rests on the narcissistic fantasy that everyone else cares about what we buy. (It’s no accident that narcissistic teenagers are the most brand-obsessed consumers.)"

It gets back to the old hype versus reality thing. If we buy expensive because it's actually better then we are smart, but if it's based on fantasy to get attention, well then....... :crap:

fiamme red
06-02-2009, 01:57 PM
Calvin expresses it well.