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Kaitlyn Stroud
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Announced this morning, Amazon will be purchasing Whole Foods for $13.7 billion; around $42 a share. This is considered to be a premium factoring in Whole Foods' current stock price, closing last night at $33. In Amazon's recent press release, Amazon founder and CEO Jeff Bezos states: “Millions of people love Whole Foods Market because they offer the best natural and organic foods, and they make it fun to eat healthy. Whole Foods Market has been satisfying, delighting and nourishing customer for nearly four decades – they’re doing an amazing job and we want that to continue.” So what does this mean for grocery and retail? While Amazon... Continue reading
Posted Jun 16, 2017 at Shopper Culture
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Companies are willing to spend upwards of 5 million dollars on a Super Bowl advertisement because it's one of the biggest ad engagement opportunities of the year. But what happens if you don't have that kind of money? Well, The Honda Dealerships of Southern California have developed a different way to prompt Super Bowl viewers to engage with their brand; they are encouraging consumers to continue doing something they do every year--judge commercials and tweet. These Honda dealerships have preemptively put a dollar amount on every possible cliché Super Bowl advertisements could include. For every dollar that adds up, the dealerships (with the help of their agency, Secret... Continue reading
Posted Feb 2, 2017 at Shopper Culture