Business
Thursday, May 24, 2007
With the upcoming spin-off of Chrysler from DaimlerChrysler, we will surely see less of the chairman of the parent company, Dr. Dieter Zetsche. A brilliant engineer and executive in his own right, he led the merger and now divestiture of the German and American automakers.
Most Americans first saw the chairman in TV commercials, referred to as Dr. Z, as well as his own animated Web site, Ask Dr. Z. I have to admit, when I first saw this, I thought it was a joke – would you expect someone in his role to be doing sketch comedy, or be an animated character? But a little research found this to be true. The ad campaign did not prove to be that successful and was short-lived.
The Web site remains, however, as of this posting, so check it out while you can.
Posted by Mike Maddaloni on 05/24/07 at 09:02 AM
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Wednesday, May 23, 2007
Everybody has an opinion of Microsoft Corporation. Where you hear a lot of the negative comments, there are many positive ones as well. Myself, I have made a decent living working with Microsoft technology. That being said, I am “multilingual” and work with various Internet-based technologies, choosing the one best suited for my clients’ needs.
Recently my wife, a marketing manager, attended a Microsoft event for the launch of Office 2007. The event was targeted to marketing professionals. The photo in this post shows the takeaways from the event, or what I like to call swag.
It wasn’t clear by the design and wording on the CD packaging that this truly was a full-blown, free license of Office 2007, which was the impression my wife had. Well it is, but I had to install it first to find that out. As for the giant Hershey Kiss… yes, they simply used a label machine to print “Microsoft Office 2007” labels and slap them on the top of the box (click on the photo to see a larger photo). Apparently the candy was an afterthought, and that was about as much thought that went into it
Based on my years of experience with Microsoft, I always considered them a marketing company that happened to make software. These items have changed that opinion somewhat. I shouldn’t look a gift horse in the mouth, but this gift will take some education for me to harness its features and power.
Posted by Mike Maddaloni on 05/23/07 at 06:48 AM
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Saturday, May 19, 2007
As The Hot Iron was not around when Federated Department Stores acquired the former parent of Marshall Field’s and proceeded to rebrand it and in the process drain the life out of the store, you my readers were spared quite a bit! Especially for someone like me, who hails from Western Massachusetts, first worked in Pittsfield, Mass. and moved to Chicago to start a business, I relate a little bit to the late Mr. Field. Add to that my appreciation for history and tradition, it is probably not surprising to you that I have not entered the State Street store since the red star was placed on the awnings of the building.
I don’t need to recant all of the negative press and poor performance numbers that Federated has experienced in the stores that were formerly Field’s, not to mention Macy’s attempts to blame others for their own ills. Where Federated’s chairman Terry Lundgren said that it was a business decision to rebrand the stores and build a national brand, it doesn’t help if the people that you want to continue shopping in your stores don’t know anything about you. As for business decisions, since when does spending hundreds of dollars for a sweater constitute a business decision?
When the announcement was originally made, there was the promise Frango mint production returning to the Windy City, and many enhancements to the State Street store including a fresh foods market, recognizing the residential growth in the Loop. It’s been over a year since those announcements, and there is some chatter about Frangos (conveniently timed with chatter about closing Field’s old distribution center in the city) and no fresh food market in sight. Sure, the 28 Shop is back and valet parking have been added, which may account for the store’s perception of being overpriced.
Unfortunately I have witnessed this corporate arrogance before. Back in the early 90’s Federated bought the Jordan Marsh department store in Boston and rebranded it. Small plaques were added to the exterior of the store mentioning its history, but nothing else. Two big things Federated did to irk Bostonians was to cancel Marsh’s Enchanted Village, a Christmas display setup every year, and run ads in Boston newspapers featuring New York Yankees player Derek Jeter. The Village is now owned by the city of Boston and fallen into disrepair, and it does not need to be mentioned how much Boston loathes the Bronx Bombers. Fortunately for Bostonians there was Filene’s department store chain… until last year when they were also acquired and rebranded as Macy’s.
In both cases Macy’s did what seems like all they know – to offer coupons and sales. As they have discovered in Chicago, this isn’t working. Sure, they may have wanted to be cautious as to not flaunt the fact that they killed Field’s, but there comes a point where you can’t just mail it in from corporate headquarters and expect people to shop. That isn’t working, and as much as Federated has reshuffled its Midwest management, they are doing the same thing they have always done. Prior to rebranding Field’s there were no Macy’s stores in Chicagoland – apparently Federated thought its sponsoring of a Thanksgiving Parade in New York was enough brand recognition?
Retail, brick and mortar shopping is being hit from all angles today, including the Internet and discounters. If Federated, which will soon be renaming itself to Macy’s, doesn’t create some buzz or mojo soon in Chicago, it may never be able to. And for those who are loyal to Field’s, they can take comfort that when Macy’s faces its demise, it will be their name and not Field’s on the awnings when the State Street store is shuttered.
Posted by Mike Maddaloni on 05/19/07 at 08:52 PM
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Thursday, May 10, 2007
Have you purchased your Forever Stamps yet? With next week’s postal increase, the post office came up with what I think is its best idea in years – a first-class postage stamp that once you buy it, you can use it at any time, even after the next postage increase. Where on the surface this may not make sense, factor in inflation, interest and the cost of distributing 2-cent stamps, and it is a wise move.
With all of the problems that the post office has in its customer service and mail delivery, especially in Chicago, I have decided to focus on the things that I do like about the postal service here in the US. In addition to the Forever Stamps, my other favorites include:
- Automated Postal Center (APC) kiosks at many post offices allow you to weigh and ship packages without waiting in line, as well as purchasing books of stamps. In many post offices when there is a line at the windows, there is no line at the APC.
- USPS.com allows you to track shipments and buy stamps with only a $1 surcharge, which is more efficient than waiting in line for either.
Come to think about it, what I like about the post office is related to new thinking and services that require little human intervention.
Posted by Mike Maddaloni on 05/10/07 at 08:08 AM
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Tuesday, May 08, 2007
I just got word that the next likemind will be on Friday, May 18. In Chicago, it will be at Intelligentsia Coffee, 53 E. Randolph, at the corner of Wabash.
What is likemind? It started with two people who decided to meet for coffee and invited others. There are now 22 likemind locations around the world… amazing!
Posted by Mike Maddaloni on 05/08/07 at 07:28 AM
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Monday, April 30, 2007
Today Delta Air Lines came out of bankruptcy. At an “event” to announce this, they unveiled a new logo and announced they will be repainting their aircraft with it. This is 19th logo for Delta in 78 years, and you can see all the past logos courtesy of the Delta History Museum. The following was from their press release announcing the new logo:
“Delta’s brand, which includes the customer experience and our financial stability, has been changing for the last 19 months thanks to the tireless efforts of Delta people worldwide,” said Tim Mapes, Delta’s vice president of Marketing. “Now, it’s time to refresh our visible brand identity to mark the progress we’ve made. It represents the very core of Delta people who are more passionate than ever to provide our customers with the very best experience possible.”
From this statement, the logo changes everything, correct? All Delta employees, those remaining after layoffs who have taken pay cuts themselves, will be much happier, right? Aircraft will be much cleaner and in and out of gates on time, no?
I see no need for this. The physical airplane is the last step of the customer experience with the airlines. And my only close-up view of the airplane is very limited, when I am at the gate just about to board the plane. Sure, I may see other planes out the window of the plane I am currently on, but do I look out and say, “oh, I want to fly that airline, they have cooler colors?” By the time I am on the plane, I have made my decision who to fly, paid for my ticket and am ready to get to my destination.
I see the airline industry in line with the retail banking industry, where they change names, rebrand, throw big parties, but what really changes? Is service improved, both in quality and cost of delivery? Can I get personalized service and have a personal relationship with either? How will a new logo on a sign in an airport and a new coat of paint on a plane make a difference to me, the consumer?
Delta isn’t the only one guilty of this. When US Airways merged with America West, the combined airline decaled planes with the “throwback” logos of the airlines that merged to make US Airways. Even frugal Southwest repainted the majority of their planes from desert colors to blue. Once again, the painter and signmaker are the ones who truly benefit from these changes, just as in banking.
Now I am waiting for Hugo Chavez and his Citgo to challenge Delta on the similarities of their new logo to his longstanding one!
Posted by Mike Maddaloni on 04/30/07 at 08:28 PM
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If you own a Palm Treo 680, or any other model, you may want to check the CD that came with your device and make sure that it works. If so, make a backup copy of your CD and keep it in a safe place, as you won’t be able to get a replacement copy.
Every year I completely rebuild my PC – stripping off all files and reinstalling Windows and all software individually. I do this because I need to, as my machine starts chugging to a crawl and this complete refresh allows me to use a clean and fast running PC. One of the first programs I installed was the Palm Desktop and sync software, necessary for moving files from my Treo to my PC and synchronizing all calendar and contact information. When I put in the CD for the Palm Desktop that came with my Treo, my PC couldn’t read it. Shocked, I tried it on a number of other PCs at the office, and none could read it. I then went to the Palm Web site and downloaded a copy of the Palm Desktop and installed it, synced and had all of my data in place, or so I thought.
The version of the Palm Desktop that came on the CD is a more advanced version that what I could get online, and upon further check I could not even download this advanced version from their Web site! I first discovered this as media files – photos and videos – that I took with the camera function of the Treo were not on my PC after a sync.
I then went back to Palm’s Web site and submitted a help request to have them send me a new CD, and they responded that they do not have replacement CDs, told me to download and install the less advanced version and acknowledged that it would not sync media files. The message concluded that they wanted to be sure this issue was resolved, they would be sending me a satisfaction survey, and that I was not allowed to post their response on any public forum.
So I responded that this was unacceptable, and that I am awaiting a replacement CD. I am being courteous and not posting their verbatim message, and of course I have yet to receive the survey. In the meantime, does anyone out there have a Treo 680 and may have a CD for it that they could copy from me? Of course, I would be willing to bet that doing so violates the license of the software, but this violation is nothing compared to what Palm has done to me.
Posted by Mike Maddaloni on 04/30/07 at 10:24 AM
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Thursday, April 26, 2007
Just when I think I have caught up with what I need to accomplish in a day, I find I have to go to Google and learn about something new they have released, whether it’s a beta version or an enhancement to a beta or… well, you get the picture. As much as it’s nice to see what is new from the search giant, there’s a service they offer that I feel some may have forgotten about – Google Alerts.
A Google Alert is an email sent with new search results based on selected keywords. If there are search results from Web sites, news, groups or blogs that day for whatever keywords you select, you will get a digest email with links to those Web sites. If not, you don’t get an email. Emails can be sent as links are found, daily or weekly. This service is free, and you can have multiple alerts for different keywords.
I have Google Alerts setup for my name and the names of my business, my wife and some clients. It is good for monitoring your brand, domain names as well as your competitors, favorite sports team, type of food – the options are unlimited. It is another tool in my toolbox of services I use regularly to manage my business. It may not be the latest and greatest from Google, but it is a core service that should not be forgotten.
Posted by Mike Maddaloni on 04/26/07 at 08:08 AM
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Wednesday, April 25, 2007
Do you own the domain name for your name? For example, I own mikemaddaloni.com and own a few names with just my last name, Maddaloni, as the dot-com name is owned by someone else.
Owning the domain name may seem vain, but it is an important component of your personal brand. What you say – personal brand? Yes, just as a company brands itself and its products and services, individuals should do the same. If you think about it, if you are a jobseeker or have your own business, you are doing this to a certain extent. By developing a personal brand you are making a constant and consistent effort to market and promote yourself.
Recently I have seen several references to personal branding, including this article on a brand trainer in Forbes as well as Chicago networking guru Jason Jacobsohn who has been writing and speaking about it. A service from a Chicago company called Naymz allows you to develop an online profile and a link to it will appear as a Google text ad – try Googling me and you will see it.
So what do you with your personal domain name? You can create a personal Web site and use it for your email. If you are not ready for a Web site yet, you could forward Web traffic to another Web page, such as your blog or LinkedIn profile.
Posted by Mike Maddaloni on 04/25/07 at 06:08 AM
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Tuesday, April 24, 2007
Recently I received an email survey from an organization from whom I have purchased their product before, and upon completing the survey I purchased more from them. However I would bet that was not their intention with sending the survey.
Thousand Hills Coffee is a brand of Rwandan coffee where part of the proceeds benefit school projects in the land where the coffee originates. I know the president of the company, and I like coffee, so I have been a customer. When I received a marketing survey from them, I completed it and then realized I hadn’t ordered from them in a while. That issue was remedied with another order placed and I was enjoying the coffee a few days later.
This got me thinking – as I market my company, maybe I should be thinking about reminding my existing customers rather than selling to them?
Posted by Mike Maddaloni on 04/24/07 at 07:18 AM
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The Hot Iron strives to present unique content and perspective on business, technology and other topics by Mike Maddaloni, founder and president of Dunkirk Systems, an Internet consulting firm based in Chicago.
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