Look into their eyes

March 25th, 2009

Greenshootsblog.com is pleased to welcome another guest blogger – Ilona Latta, who brings a unique perspective from her two jobs as a hypnotherapist and a marketing planner.

See the twinkle

For a good few months now, I have been anticipating a rush of hypnotherapy clients struggling to deal with the fall-out from the current economic climate. I have braced myself for calls from people dealing with stress and anxiety; and a corresponding dwindling in the number of smokers, drinkers and comfort eaters wanting to quit as the economic gloom makes it harder to give up reassuring habits, even those that are detrimental to one’s health.

But, for the most part, this just hasn’t happened. Rather than needing hypnotherapy to provide the subconscious’ equivalent of tea and sympathy, most of my clients have, in their own way, wanted to make the most out of the situation. They are determined that their personal story of these tricky times will be a positive one.

For many, the enforced turmoil of losing jobs and / or homes has been painful; but they are resolute that, once their lives are back together again, they will be more rewarding than before. Even those who have been relatively unscathed by the axe-wielding HR personnel who seem to be stalking London at the moment have discovered that a bit of economising could mean they can take a pay cut and move to another career, or work four days a week rather than seven.

I know that my client base is a tiny microcosm in the grand scheme of things and that those wanting to work with a hypnotherapist might not be a nationally representative research sample. Nevertheless, the consistent optimism of the people with whom I’ve been lucky enough to work, and similar experiences shared by other clinical hypnotherapists led me to question some of the nuggets of received wisdom handed down in the marketing world. Traditionally, marketers seem to expect recession-stricken to consumers to “batten down the hatches,” be more conservative in their choice of products / brands, and to be significantly less open to communications that stray beyond cold, hard, financial facts (ideally price promotions).

Undoubtedly belts are being tightened and household budgets are under more pressure and scrutiny than they were a couple of years ago. However, this doesn’t mean that we have all turned into purely rational beings. The subconscious mind, when it is functioning properly, is an extraordinarily hopeful phenomenon; its power to visualise a positive outcome in any given situation and to seek out opportunities in achieving the best possible results is a constant source of amazement to psychologists. As such, the mind’s appetite for ingenuity and creativity does not disappear in times of stress – in fact it grows – and the subconscious will attribute significant value to any allies it finds along the way.

Obviously this doesn’t negate the importance of pricing in purchase decisions, but ensuring nervous marketing briefs do not restrict brands to one-dimensional, rational entities is going to be critical in resonating with consumers as we all find our way out of the recession. In a world where margins are being slashed and ads are full of discount flashes, the brands that stand out are going to be the ones that still have a twinkle in their eye whether they are selling holidays in the Maldives or half-price loo roll.

Mushy peas go national as Tesco trebles sales

March 23rd, 2009

mushyMushy peas are shedding their regional roots after Tesco said sales of the northern staple had quadrupled in the past year. Tesco is now launching an own-label version of the product across the UK for the first time, following a rise in sales of 320% in the past 12 months.

“Even just a few years ago no-one would have believed that mushy peas would have become not only a top-selling food but also a delicacy – but that is what’s happening,” said Tesco senior buying manager Simon Dryell. “Sales have never been great, which is why we only ever stocked them in literally a handful of stores but in the last year, thanks to the credit crunch, demand has quadrupled and we are set to launch them across the whole UK for the first time ever. “Until very recently they were mainly popular across the Midlands plus in Lancashire and Yorkshire in the north but sales are growing and now sales are creeping as far south as the Home Counties for the first time ever.”

Author: Richard Parkes

Source: The Grocer

Four Reasons to be Cheerful in Challenging Times

March 23rd, 2009

Greenshootsblog.com is delighted to have a guest blog from Gordon Mclean, Planning Director at JWT NY, who gives us a welcome view into signs of positivity in the US…

Working in New York with a major bank that has both a large global footprint and a foot deep in the local US market one could say I’ve been working over the past few months in the eye of the economic storm.
I guess for this reason, amongst others, I’ve been pretty attuned to the gloom drenched headlines, depressing RSS feeds and less than chirpy tweets. The beacons of hope I’ve been drawn to are innovation, generosity and collaboration.

Innovation

forclosureWith millions of jobs being lost in the US what we are seeing is something of a clearing of the old to make way for the new. The top man is committed to seeing through his ambitious technology and innovation plan. Obama conceived of many of these plans well before the current meltdown. The optimist in me, and others, sees the current economic meltdown as nothing short of a perfect storm and if necessity is the mother of invention this crisis can become the catalyst for a raft of essential innovations that will deliver a triple bill of social, environmental and economic benefits.

I recently came across a research study into the attitudes of US small business owners. I was surprised and heartened to see that over one-third regard the current economy as more opportunity that calamity. If innovation is thinking differently about something to realize an improvement then there’s plenty evidence of innovation at work in amongst small businesses in the US. Many small businesses in the US are re-evaluating their supplier relationships, rethinking their competitive strategies and reconsidering previously discarded market opportunities.

Generosity

lehmanWhile the major theme of recent months has been financial bankruptcy, near or in some cases actual, we’ve also borne witness to a moral bankruptcy on truly epic scale. What we’ve seen is capitalism as a green light to money making at any cost. Barry Schwartz – the author of The Paradox of Choice – spoke at the recent TED conference about a world gone mad with bureaucracy and our loss of practical wisdom . In the course of his talk he touched on the one of the key elements of Presidential Candidate Obama’s campaign appeal: he didn’t just promise prosperity, security and a restoration of America’s rightful place in the world; he appealed directly to our sense of virtue, duty and citizenship.

The new US administration is gradually re-setting our moral compass. This is both welcome and needed after too long a period where selling one’s grandmother for two pence could be excused by the pursuit of prosperity. For the most powerful man in the world to openly chastise the most powerful corporations in the world for their irresponsible, reckless and outrageous behavior is both admonishment and antidote. It’s also sending a powerful and popular signal that greed and one-upmanship is trumped by generosity and citizenship. Trendwatching recently captured this spirit as the emergence of “Generation G” .

Collaboration

If together we’re stronger then this virtuous reawakening is the very thing that’s needed for potent innovation to flourish. One of the hallmarks of this transition from greed to generosity is a simultaneous shift from competition to collaboration. The world-renowned design consultancy IDEO is currently capturing this nicely with their “Open Conversation” on Facebook . Each week they tackle one big question and open it to the floor. Both contributors and readers alike gain something from the collective brainpower and come away with new ideas, renewed vigor and a sense of great possibility that the current economy presents us with when we work with, rather than against, one another.

obama_hopeThese are tough times but there are three good reasons to be cheerful: innovation, generosity and collaboration. The chaos of current economy is in many ways providing a powerful catalyst for much needed change. It’s also providing a cathartic release from the belief that greed is good and, in turn, a realization that generosity; moral virtue and civic duty are better. And, in the face of challenging circumstances collaboration is helping many to turn adversity into opportunity. If these three themes do nothing to lift your spirits then perhaps the latest innovation on the menu of the Turkish café in which I’m writing this will – a generously proportioned and modestly priced “Obama Sandwich”.

Nothing short of a fourth reason to be cheerful as far as I’m concerned.

Author: Gordon Mclean

Sources: TED, Trendwatching, IDEO, Facebook

Free offices for start-up businesses

March 20th, 2009

Succour for startups

Greenshootsblog.com was delighted to hear on the radio this morning about Regus offering free offices for startup businesses. To make sure that we’d heard it right, we checked, and sure enough, realbusiness.co.uk is among several sites to report this welcome succour for newly formed businesses.

As a part of their Get Started campaign, Regus are offering startups a variety of packages – from ongoing use of offices worldwide, to rooms for “intense planning” of these new businesses. For us, this is a double whammy: firstly, we love that there are brands out there actively promoting new businesses and secondly, that there are businesses forward-thinking enough in tough times  to think of literally growing their next generation of customers.

Most optimistic since 2005

March 19th, 2009

They want to believe

They want to believe

In a very refreshing release, Merrill Lynch today announced that investors “are at their most optimistic about the global economy since December 2005″, according a Survey of Fund Managers for this Month.

It continues: “For the first time in more than three years, investors do not predict lower global economic growth over the next 12 months. Renewed optimism about China’s economy lies at the heart of this revival. Just two months ago, a net 70 percent of respondents thought China’s economy would worsen in the year ahead. That figure fell to a net 1 percent this month.”

Their spokesperson said that this was evidence that investors “want to believe in an economic recovery”.  Now that’s the greenshootsblog.com spirit!

Analyst? Hah! Anyone can do it.

March 16th, 2009

As analysts compete with the media to try to outdo one another on the pessimism, Greenshootsblog was fascinated and slightly pleased to read of an alternative to their opinions. The Economist reports on the rise of what it calls ‘internal prediction markets’; basically a way to harness (and even reward) the views and expectations of employees.

With so many miserable predictions out there, perhaps this could be a good tool for larger companies to find their own signs of recovery? Because, despite scepticism from some quarters, it reports that, “many pilot projects run so far have shown that junior staff can often be surprisingly good forecasters”.

 

http://www.economist.com/business/displaystory.cfm?story_id=13184829

West 12

March 13th, 2009

stovepipeEver on the search for new ways to spend money that stretches a little further in the experience sense, I had the pleasure of happening upon a new bar venture in West 12. Much to no one’s surprise at all the opening of the Westfield shopping complex has had a huge impact on local business. One of the hardest hit areas of business was local retail such as the shops located in West 12. However, let it not be said that unused space in London stays that for long. The Bush Theatre has utilised the space for double purpose. Kitted out with disused props from old productions, both a production in the form of Stovepipe and a bar called Unit 19 (so called for the actual space it occupies) have taken the space and well and truly made it their own. Located at West 12, The Broadway, Shepherds Bush W12 it would seem to tie in with the recession trend of  merging specialties and  it will be interesting to see how this one works out…

Source:Bush Theatre

Fashionable Finance

March 10th, 2009

roberto_cavalli_mastercardRoberto Cavalli has used Milan Fashion week to launch his own branded credit card.  Aimed firmly at the high-spending fashionistas,  the card is designed to allow users to access high fashion; literally at their fingertips.  It ties in exclusivity of offers such as fashion show attendance, 24 hour concierge service and hotel upgrades.  Developed by Corpcom (Trium Group), the credit card is building up awarness online only.

Countless articles have been documenting the marketing’s world’s ineffectiveness to offer products and messaging that target the female market (broad term that this is) and a cross-sell betwen fashion and credit could produce some interesting results; of course you can’t escape the questions the credit nature of the product throws up, but an interesting endeavour nonetheless.  Launching in Italy initially, the venture will roll out to the rest of Europe, for more info click on the links below.

Source: Marketing Week

More Info: Roberto Cavalli

The Great British Holiday

March 5th, 2009

camper-vanMore and more people are abandoning holidays abroad from their plans and rediscovering the UK.And whilst Bognor and Blackpool may not have the pull they once did, the traditional Great British holiday is making a big comeback, as families look for a cheaper alternative to luxury holidays in the sun.
One organization that is already experiencing an uplift is the Caravan Club and they have not lost any time promoting the fact that advanced bookings for 2009 that are up by 40 per cent on last year, when 55,000 households joined up. While the number of visits abroad by UK residents was down by six per cent in 2008 – according to the Office of National Statistics.
Nick Lomas, Director of Marketing for The Caravan Club cites even more justification behind caravanning ranging from; freedom, cost, tranquility, strengthening family bonds and even claims that caravaners have longer-lasting marriages. And his comments have been lapped up by the UK press giving him and his organization much valuable coverage.
For my money, caravans will never be socially acceptable – however camper vans are a different matter. I have a romantic notion of taking off Devon in a classic VW Camper, parking up by the beach, going surfing with the family and then firing up the stove for a warming cup of tea as the sun goes down. And now an enterprising former Ad-man has set up a company who can provide you with all the kit – without the need to have an in-depth knowledge of air-cooled engines. It’s a great concept and brilliantly packaged and I, for one, am really looking forward to the Summer!

VW campers: www.devonclassiccampers.co.uk

Author: Andy Hunt Cooke
Source: Caravans

The benefits of a good brew

March 3rd, 2009

tea

This blog seems to be leaning towards an obsession with food and drink (I resisted the urge to simply write Masterchef under reasons to be cheerful), and the following note is no different.  Not entirely a reason to be cheerful so much as a source for endless debate,  the chocolate digestive has been voted the nation’s dunking biscuit of choice.  Rich tea and Hobnobs are following up in second and third place respectively.   Along with this, recent Mintel Research indicates that tea is set to weather the recession storm, as it is clearly associated with relaxation.   Let the great biscuit debate begin…

Source: Mintel