Название | No B.S. Business Success In The New Economy |
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Автор произведения | Dan S. Kennedy |
Жанр | Экономика |
Серия | No B.S. |
Издательство | Экономика |
Год выпуска | 0 |
isbn | 9781613080009 |
Direct Your Energy to Business Re-Invention
CHAPTER 17 - A FEW FINAL THOUGHTS ON THE NEW ECONOMY
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The old economy is shattered and gone forever.
It’s never coming back as it was.
While some time-honored, reliable business
strategies and skills continue to have their
place—are even more important than ever—
they must be combined with new, more
creative and agile thinking and more
tough-minded and disciplined methods
in sync with the realities of the New
Economy and the demands of its
consumers and clients.
Welcome to The New Economy
Well, it’s not like we shouldn’t have seen this coming.
Problem: We are monstrously over-stored. The same stores every few miles. The joke about Starbucks was it had reached the point they were opening new Starbucks in the Men’s Rooms in existing Starbucks. Me-too, same-as, indistinguishable chain stores, chain restaurants with zero differentiation right across the parking lot from one another. Simply, much, much more than the market could support. Implosion certain destiny.
Problem: There are far too many over-lapping brands. Should there ever have been Cadillac pick-up trucks when GM also has Chevy and GMC trucks? Other than to perpetuate jobs locked in by union contract, could the existence of Pontiac and Buick and Chevy and Cadillac and GMC possibly be justified? Not unique to GM, though. Many other companies sinned similarly. And it seems everybody wanted to play in everybody else’s sandbox, sacrificing their very identities to their detriment. Starbucks added egg, cheese, and meat breakfast sandwiches (that ruined the coffee aroma in their stores) while McDonalds hurried to add lattes and gourmet coffee while Subway added pizza while Dominos Pizza added sub sandwiches, your pharmacy added clothes and lawn furniture, Wal-Mart added iPhones. It’s a damn mess. That must be cleaned up.
Problem: Everybody already owns too much stuff. How many cars, TVs, computers, games, remodeled kitchens, backyard decks can consumers consume before they need a break? Above all else, the recession