Showing posts with label john mccain. Show all posts
Showing posts with label john mccain. Show all posts

Friday, 10 October 2008

COMING SOON! MORE TO LOVE.

The bright spot in an otherwise day of bleak news is that scientists have discovered 10 genetic types of the cocoa plant. Until now we had only three to love, the Criollo, Forastero and Trinitario. The last is a hybrid of the first two.

A genetic analysis by scientists from the US Department of Agriculture's National Germaplasm Repository working with lead scientists of cocoa genetics at Mars, showed the origins of the 10 genetic types very clearly.

This discovery strongly suggests that the species can actually be traced to regions near Ecuador and Colombia. Until now we all believed that cocoa originated in Central America, mainly around Mexico.

Scientist Juan Carlos Motamayor said(reported by LiveScience) that there was potential that the new types could be commercialised. We could experience more taste pleasures. Additionally, a cocoa tree more resistant to the diseases that are plaguing the current three know types.

Elsewhere genetic researchers today claimed the Senator Barack Obama was distant cousin of Dick Cheney(This is true and I am not making it up. Ask Lynne Cheney).
Senator I am now hesitant to give you my vote for fear that some Cheney genes may be cruising through your veins and could cause catastrophic political irritations worldwide if provoked.Lucky for you Senator, I am not an American citizen and cant vote.But I do hope that you will find a way to overcome or suppress this malignancy and get elected.I must confess, that to help you out a bit, I sort of toyed around with the idea of spreading a rumor among readers of my blogs that John McCain was twenty times removed cousin of King Jong-II. My wife said that it wasn't cricket.

Then there is this guy in London who said that the mother of all bad days was on 20 October 1929 and fervently hoped that on 20 October 2008, the son would not strike so devastatingly.

Monday, 6 October 2008

SENIOR CITIZEN'S DILEMMA ON CHOLOLATE.

Marketing people are those young, fabulous people that are ensconced in those lovely towers in Sudirman or Kuningan. From these heights they formulate their strategies to capture as much of the market as possible for their bosses, Nearly all of the products target the equally young and vibrant 25 to 45 age group. Or possibly even on occasions include those under who can watch television commercials and understand them.

THE DECISION MAKERS

They are right of course. In Indonesia these are where the numbers are. Thirty -seven percent of the population is under 15, Forty-six percent are under 45.A recent study in Munich noted that many of the decisions made around the world and particularly in Asia are made by Senior Citizens. It is the Senior Citizens that more often make the decisions on what we use, eat and drink.They play key roles in new product development. They decide on everything from concept to packaging to distribution channels.They make good decisions and awfully bad ones.But they are so respected that we give give them a whacking big bonus especially for bad ones.Probably to soothe their feelings.

WEALTH AND POWER

In the same study in Munich, it was noted that in 2030 consumption by Senior citizens in Europe will be almost 60%. While those under 50 will consume about 42%.
Today in Indonesia we have almost 40million Senior Citizens. Including me. Nearly two million live in Jakarta.If you look around casually, you will see 240,000 at least who are wealthy as well as powerful.Some are close to the top in Forbes list.

Yet marketing people, researchers and particularly advertising people(who loathe us because we screw up their ads)largely tend to ignore the economic driving power of Senior Citizens.Now come on, be reasonable, if your were a young marketing-advertising buck in Milan would you ignore Silvio Berlusconi? I am counting on him to single-handed bail out Europe,before breakfast sometime this week.

The numbers are too small for the marketing department and except for a few on top, too poor.Remember in 23 year the Indonesian economy will grow by 199% and so will the numbers of Senior Citizens. So you better start planning.

THE RETAIL VIEW

The up-market Supermarkets are beginning to see the potential of the over-fifty shopper.These are some of the conclusions of a supermarket group in Jakarta:

1)The Upper Income Senior Citizens visit supermarkets less often. When they do they visit the upmarket ones that have more imported products.
2)The buy the stuff they like, not the price.
3)They dont care much for slick packaging or slogans. The go for the quiet and sleek.ONe that make good sense. Marketing is going to be baffled by this!
4)The contribute significantly to higher margins.
5)Contrary to popular belief they love chocolate.

CATEGORY MANAGEMENT

Sogo's Food Hall seems to have caught on rather smartly to this niche. The category management and the planogram seems to have been developed for the senior citizens. It works so well that the chocolates targeted to the Senior Citizens are frequently out-of-stock.

The convenience stores like Starmart, Indomart and others havent caught on yet. The customers here are largely the teens and Senior Citizens. Simply because these stores are nearer home and often within walking distance.

DESIGNING CHOCOLATES FOR SENIOR CITIZENS

In Europe the big manufacturers are already redesigning chocolates foe Senior Citizens.Over there consumption volume and value of chocolate among senior citizens is responding significantly to initiatives by the manufacturers. The smaller manufacturers and artisans have known it all along and have prospered over the years.

It is not enough to address the "concerns" of Senior Citizens.Taste , flavour, texture and mouth appeal are just as important among the different age segments of Senior Citizens as it segmentised for the 5 to 45 years.There are few studies on this.What I ask are you going to feed McCain with perchance he is elected?

THE AUSTRALIANS HAVE DONE IT

As usual the Australians seem to have come with just the right formula of chocolate that will only appeal to their palate but alsoto their health values. Cocoa Farm, Australia have come up with wine infused chocolate. At the moment they have three great bars, Shiraz, Merlot and Pinor Nior. Cocoa Farm has also a rich dark chocolate with only 0.3% natural sugar and a sperb milk chocolate "Roasted Hazlenut and Coffee".The last is my favourite. I have only had it once. The memory remains.

There are many more ideas for developing Senior Citizen chocolate, but I deal with them in future blogs.I am a bit distracted. I on pins and needles waiting for Berlusconi to write out a personal cheque and hand it over to Sarkozy. Then we can all go back and concentrate on chocolate.