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17 Notes

JC Penney Re-Branding | A Move To Masstige

        

                JC Penney Re-Branding | A Move To Masstige 

On Wednesday January 25th, J.C. Penney (JCP) announced what is to be one of the most exciting retail transformations of this year, and maybe even this decade.  The 110 year old department store brand, with the help of new CEO, Ron Johnson, and President, Mike Francis, revealed a forward-thinking business strategy that could not only reclaim ‘top-of-mind’ presence with American shoppers, but also make the department store shopping experience fun again - an activity which has lost much of its luster since the rise of fast-fashion stores like H&M and Zara.

But with this announcement also comes a stir in the market; bringing with it a

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8 Notes

The Socio-Economics of Cool

James Dean

                        The Socio-Economics of Cool

Today I was awaken by a thought.  My subconscious mind had brought me back from a place; a place where the judgments of people, my sense of self and the excitement of acceptance all collided within the confines of a five-floored building:  My High School. Once again, being brought back to adult life from dream state, I, for a moment, had the ability to traverse my ego and access my memories of my ‘not-so-far-but-far-former’ teenage self.  As I walked to the shower, recalling the details of said travel, and in an attempt to unravel the deeper meaning of my dream, I began to analyze what the underlying significance could be.  What I extracted was a reoccurring and revolving theme that haunted my psyche and self esteem; since my [teenaged] years, this thematic state has been my prime subconscious concern:  The Holding On To My Ephemeral State of ‘Coolness.’  The state of ‘cool’ has dominated my intuitive rational since my mid-90’s adolescence and since then I have sat in divine reverence to the Godly ‘cool.’  Today, I have decided to investigate my obsession: What is ‘cool,’ how is ‘cool’ relatively defined and exemplified in America and Europe, currently and historically? Why is ‘cool’ so revered?  And what makes ‘cool’ such a valued socioeconomic cultural asset?  I have decided to approach ‘cool’ from its metaphorical roots to its hyper-cool frost-bit branches.

In my attempt to explore the ‘cool,’ I began exploring its definition.

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3 Notes

By now, we are accustomed to seeing luxury brands collaborate with established musicians to add a new layer of context and cache to their brand.  However, its interesting to see when a top brand departs from the “pack,” and collaborates with an emerging artist in an effort to not only connect with a growing consumer segment, but also provide a foundation for a new talent to launch their career.

The video above is a collaboration between fashion powerhouse Dolce & Gabbana and emerging electro-pop artist, Florrie, based out of the UK.  Staying in sync with the “emerging” concept, Dolce also tapped Paris-based up-and-coming fashion photographer / film maker, Jason Wu, to shoot the short video.

In the video, Florrie can be seen strolling through Paris dressed head-to-toe in Dolce & Gabbana clothing.  The video also features the artist’s latest song “I Took A Little Something,” from her latest album, Experiements.  In addition to the video, the Dolce & Gabbana brand is giving Florrie a significant marketing push via their social media platforms.  Going so far as to stage an exclusive launch of the video on Dolce & Gabbana’s branded web-magazine, Swide.com.

But what’s really smart about Dolce & Gabbana’s initiative is:

1. The collaboration incorporates the musician in a fashion video: an emmersive environment where the artist and her talents can be used to add emotional context to the brand, both on a visual and auditory level.

2. Choosing an emerging musician and film maker shows an emerging luxury consumer segment (i.e. Gen Y), that Dolce & Gabbana is cool, progressive, and keeps their proverbial “ear to the streets” to see what kind of talent is climbing through the ranks.  Dolce & Gabbana is positioning themselves as an authentic purveyor of taste beyond their design aesthetic, which is a strong long-term strategy for any luxury brand trying to maintain cache over time.

3. Supporting two emerging artists and giving them a push via Dolce & Gabbana’s massive social network could be viewed as an altruistic statement.  In essence, Dolce & Gabbana could be perceived as a brand that “supports the emerging artist.”  This, again, could strike an emotional cord, as it could be perceived as a philanthropic gesture - an attempt for a large brand to do good for those who could benefit from the brand’s power and influence.  Yet, the “ideal” philanthropic gesture is an act of giving without any expectation of something in return.  So in this case, I wouldn’t go so far as to say this was philantropic in nature, but rather a good job of softening the perception of a detailed strategic marketing move.

Happy watching!

Posted by Kwasi Gyasi of MyUberLife

1 Notes

Lenny Kravitz x Jeep: A Match Made in Branding Heaven

The Lenny Kravitz x Jeep collaboration is another great example of two important trends happening in the music and branding world respectively.

1. Alternative Revenue Streams for Musicians

With the music industry’s paradigm shift in the last decade, all musicians, even the popular ones, have been forced to re-think the revenue potential around the

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5 Notes

CLOSING A DEAL: WHAT TO FOCUS ON?

In most negotiations to close a deal, most people tend to assume the large part of the negotiation should focus on the substance, or the actual particulars of the deal.

                                      

But what most people don’t know is that less than 10% of the reason why people reach agreement has anything to do with substance. 

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