Tag Archives: market research

Steve Jobs 1955-2011

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It was just a couple of weeks ago that we were discussing Apple impresario Steve Jobs’ retirement. Now we have learned of his passing.

By no means am I in the die-hard Steve Jobs Admiration Society. Not until recently, when I worked for a company whose entire business was making accessories for Apple products, did I give Mr. Jobs much thought. But I have to say that he was a trailblazer. He didn’t just make awesome products to satisfy our needs – he anticipated our needs and invented an entire industry to meet them. In this way, he has been (rightly, I believe) likened to a modern-day Thomas Edison.

So today, that’s what I would like to focus upon, as opposed to speculating on the effect on Apple’s shares. Just yesterday, we had the first big Apple teleconference without him, and many were under-whelmed. Who knows? Maybe they were anticipating the news.

So what do you think?

The Return of Layaway

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Until recently, layaway was on the “endangered strategies list,” replaced by increased use of credit and gift cards. So why bring back this dinosaur of a payment practice? It’s simple…our economy. With banks being more cautious, consumer credit lines are withering.       Harvard Business Review

Everybody remembers layaway, back in the days before they gave out credit cards to anybody with a pulse. I remember layaway as that cruddy window in the back of the store, where you stood in line with your mom and all the other bored kids and their moms, sweating to death in your big old parka and getting nauseous from all the cigarette smoke. Good times.

Anyway, layaway is back in a lot of stores, but Wal-Mart is really making some noise. Their plan is probably pretty typical. Specifically…

 it kicks off on 10/17 and runs through 12/16. …an item has to cost at least $15, and the total minimum order is $50. [It is] limited to toys and electronics (and most cell phones aren’t eligible), and it applies only to in-store purchases. You have to put down at least 10 percent of the cost of the total order when you put the items on layaway…you don’t get charged interest on deferred purchases, [but] the layaway program isn’t free: Walmart is charging a one-time non-refundable $5 service fee for the service, and you’ll get hit with a $10 fee if the layaway order isn’t paid in full and picked up or canceled by the end of the day on December 16.  Consumer Reports

So, what do you think? Will you be taking advantage of this or other layaway programs? If you do, put me down for a Lost in Space robot, a Six Million Dollar Man doll action figure and an Evel Knievel dirtbike!

Banking on Your Trust

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Despite a raft of new regulations and capital requirements designed to protect consumers and strengthen banks, consumer confidence in financial institutions continues to plummet.   – AmericanBanker.com

This according to a financial industry consulting group called Center for Financial Services Innovation. Here are the grim statistics:

  • 87% of consumers have little or no confidence in the trustworthiness of their bank.
  • 55% say institutions don’t offer clear and simple policies.
  • 53% don’t feel financial institutions share customer values.
  • Almost 50% lack confidence that banks live up to their promises and commitments.
Yours free when you roll over your 401k

In response, the Center for Financial Services Innovation is making some radical suggestions. You can read about them here. Basically they are saying, instead of making clever commercials about how they help their customers get ahead and improve their lives, banks should actually DO those things!

Freaky, I know.

It’s interesting…people are often more pessimistic in the broad view, while looking more positively at their own circumstance. (Congress sucks, but my representative is cool.) So, what do you think? Is the banking industry full of crooks, or just misunderstood? Are you happy with your own bank? Let us know!

iPhone Losing Its Cool?

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“There’s an interesting thing that’s going on in the market. The iPhone has become a little less cool than it was.”

Now, here at MindField we love our iPods, iPhones, iPads, you name it. We’d like to think it’s because they’re innovative, they work well (alone and together) and they have great apps. We’d like to think it’s NOT for the Apple “cool factor”…because that wouldn’t be cool somehow.

But the cool factor is a big part of it for a lot of people. Believe me, I know. I worked at a company that made cases and power accessories for Apple products. The boss would call a staff meeting. 30 people would gather around the big table, and all of them would immediately whip out their iPhones. Heck, about a third of them had iPads, too. And here I was with a dumb old Nokia flip-phone.

So when my wife’s boss was giving up his iPhone 3GS and upgrading to an iPhone 4, I jumped at his used model. Social faux pas averted! Coolness achieved!

So, when I read this article, “Has the iPhone Lost its Cool?”, I got a bit of a chuckle. Basically, it says that college kids are turning away from iPhone for one or both of the following reasons: first, if their parents love the iPhone – as parents definitely do – there must be something terribly LAME about it. Also, if you want an iPhone, you’d better be ready to lay down at least three bills for it – unless you buy a creaky old 3GS like mine! Meanwhile, nicely capable Android phones are available at a variety of price points.

Now, bear in mind, this article was based on an Android executive’s personal experience dropping his daughter off at her college dorm – so take it with a grain of salt! But what do you think? Has the iPhone lost some of its luster? Are you just as happy with an Android? Let us know!

Target.com’s “Missoni Impossible”

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If you are totally in the dark – or a dude – Missoni is an Italian knitwear designer. They are the latest “big get” for mega-retailer Target. They teamed up to provide Target shoppers with their wide-ranging line of EXTREMELY popular knitwear. But the big launch didn’t go so smoothly!

Comedian Louis C.K. has a bit about people becoming violently frustrated with their smartphones: “Come ON! Download! Stupid thing!” Louie says, “Could you relax? It has to go to outer space and back to provide you a convenience you couldn’t have imagined 10 years ago!”

Something to think about because, during last week’s big launch day, shoppers completely MELTED Target‘s online store, Target.com.  Millions of online shoppers saw the following message:

How can you stay mad at Toolbox Dog? He's got a little toolbox!

And how did they react? How do you think? According to the article, there was a whole lot of “What the ____? Bummer! Totally p*ssed off!” on all the discussion boards.

Meanwhile, the lucky shoppers who had gotten through and glommed up all the merchandise prior to the meltdown were already on eBay, reselling at premium prices.  Come on! These aren’t Beanie Babies or Cabbage Patch Kids!

So anyway, no big judgment here, other than to say if you are going to whip up a consumer frenzy, you’d better be able to handle the traffic! So how about you? Were you part of the madness? Did you score, or were you shut out? Let us know!

Qualifying for Surveys, Revisited

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If you are a member of MindField Online Internet Panels – or any other reputable survey company – you know that it can be hard to qualify for surveys at times. Sometimes you respond to an invitation, begin to answer some of the background questions and, before you know it, the survey has “kicked you out.” That can be a bummer, and you have probably wondered why it happens. Today, we will try to explain.

We wrote that blog post about 10 months ago, referred people back to it from time to time, and eventually we made its own dedicated page. We wanted it to be permanently on display, because we know that Qualifying is an important topic, and often a sore subject.

As we say, MindField Online has a responsibility to get our members as many survey opportunities as we can. We also have a responsibility to our clients to get them good, detailed, usable data. Qualifying is where those two concerns meet.

So, we invite you to read the page, “Bringing Clarity to Online Survey Qualification” once again. You’ll learn more about the how and why of qualifying, as well as a few tips on improving your chances at completing more surveys.

Blogging Year in Review, el parte dos

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Yesterday we began our two-part blogging year in review looking at the various pieces we did about the consumer testing industry in general, and MindField Online in particular. Today, let’s recall the ways we reached out to panelists like YOU!

We announced fun cash and prize giveaways, like

And when we reached those milestones and held the drawings, we featured the names, pictures and bios of as many of the winners as we could:

Early on, we reached out to long-time members and asked them to tell their stories:

We really wanted to do more of these, but we found that people are generally shy about too much attention.

Meanwhile, we began collecting satisfied members’ comments on Facebook. Back when we had about 5,000 fans, we made a blog post with a bunch of these comments. We kept updating them about every month or so, and finally decided they needed their own page. We update the Panelist Reviews page monthly, and it’s coming up next week!

Well, that’s the year in review! Thanks for everything, MindField Online friends and family…and stay tuned!

Blogging Year in Review, el parte uno

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This week marks the one-year anniversary of MindField Online jumping into the world of social media, including the blog, our Facebook page and Twitter feed. In social media, old stuff tends to get buried under new, and useful info sometimes gets lost. So for this reason (as well as misplaced nostalgia) we take a two-part look at the past year.

We took time to learn about Consumer Testing. Some of it was “inside baseball,” as they say, others were pretty useful!

Along the way, we took time to discuss features, changes and improvements to the system, including

Looking back, one thing becomes clear: we use a LOT of exclamation points! Anyway, this is just SOME of the excitement we have perpetrated in the past year. More tomorrow, and THIS time it gets personal! Exclamation point!

Coupon Crazy!

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A shopper snags $4,000 worth of razors and pays zero. Couponers dive into Dumpsters in search of newspaper inserts. They purchase $1,000 worth of groceries and pay a few dollars. One man has a “wall of toothpaste” with 1,000 tubes. Twin sisters brag they have cleaned out a store’s supply of dental floss. Others boast of lifetime supplies of paper towels and toilet paper.             Palm Beach Post

So, did the coupon craze inspire that wacky “Extreme Couponing” show on TLC? Or has the show inspired the couponing craze? Seems like it’s true both ways.

Somehow I managed to catch the premiere back in the spring (in between shows about guns and monster trucks!) Much of it was pretty interesting. First of all it was shot in my hometown of Cincinnati – I recognized the Kroger that lady shopped in, and her neighborhood.

Anyway, there were some really practical aspects to the show, and couponing in general. Who doesn’t like to save money, especially these days? Other aspects gave me a “Hoarders” vibe. Couponing as an obsession, you know. Still other aspects made me angry. I worked in a grocery store once. You get to tie up a register, and a cashier, and ten carts for two hours, AND crash the computer system, just so you can get $1000 worth of groceries for twenty bucks? Grrr.

Anyway, in this economy, I don’t think couponing is going away anytime soon. What do you think? Practical? Obsession? Menace to grocery stores everywhere? Let us know!

Steve Jobs Passes the Torch

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Steve Jobs will be remembered as the Edison of mobile: his numerous Apple products have impacted the work, home and play lives of hundreds of millions of consumers worldwide.  …MobileMarketer.com

People weren’t exactly stunned by this week’s news about Steve Jobs. His health has been a long-running concern for the past several years. The day when he would take a big step back in the day-to-day operations at Apple had to come eventually, and so it has.

Mobile Marketer pulled together a bunch of quotes from industry types about Steve Jobs’ influence on personal computing, entertainment, marketing…it goes on and on! Here are some highlights:

With the iPhone, Steve Jobs reimagined what the smartphone could be and ushered in a new level of sophistication in mobile marketing.

Before Steve Jobs, mobile phones were about making phone calls with a few peripheral features. Now, voice calls are the peripheral feature.

He knew he could get people excited about products they didn’t know they wanted and almost certainly don’t need.

…he has turned Apple Computer around to become just Apple – the leading consumer technology brand in the world.

He did this not because he’s a great developer, engineer or even product designer, but because he’s probably the greatest marketer and showman in technology.

He provided true market leadership that not only transformed Apple but forced all of their competitors to innovate.

I might even say, that aside from Thomas Edison and Benjamin Franklin, there might not have been a more significant contributor to changing so many aspects of our world.

Those are some highlights. There are plenty more quotes HERE.   So what do you think? Is Steve Jobs a genius? A master showman? Completely overrated? Have his products “changed your life?” Let us know!