Americans now spend $41 billion a year on "--" its more than the gross domestic product of all but 64 countries in the world.
Last years spend is double the amount shelled out a decade ago, with annual spending expected to hit $52 billion in the next two years.
Americans Spend on -- is excess of what Americans spend on the movies ($10.8 billion), playing video games ($11.6 billion), and listening to recorded music ($10.6 billion) combined.After consumer care it is the fastest growing category in retail, expanding about 6% a year.
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Random posts about Business quizzes, Trivia, Tata crucible, brand equity quiz and my thoughts
July 30, 2007
July 28, 2007
coca cola kid
The CocaCola Kid- A movie felt never so refreshing! is a movie about a American Marketing Executive from Coca Cola visitsing their Australian operations and tries to figure out why a tiny corner of Australia has so far resisted all of Coke's products.
Coca-Cola Kid was a joint venture from Coca-Cola and Sega (who also released a special edition red console with the game as a pack-in).
Coca-Cola Kid was a joint venture from Coca-Cola and Sega (who also released a special edition red console with the game as a pack-in).
July 23, 2007
Tea auctions
The first auction dedicated to tea took place in craven House, which became known as 'East India House'. These auctions were held quarterly and held under a system known as "Sold by the candle", where by a candle was marked off in inches it was lit when the bidding began, the hammer was bought down as the first inch line was reached and so on down the candle for each lot
July 20, 2007
Operation pooch
After 2nd world war American Express was engaged by U.S. government to help transport the belongings of soldiers stationed abroad , and one memorable initiative was “Operation Pooch”. which involves shipping more than 10,000 adopted dogs back to USA
July 19, 2007
Bejing 2008 Olympic Tourch
Lenovo-designed Beijing 2008 Olympic Torch. Lenovo's design, the "Cloud of Promise," was chosen over 300 competitor themes
The primary theme of the torch’s artwork is clouds, which are intimately associated with Chinese culture, and are often represented in works of Chinese architecture, drawing and painting, furniture and story-telling.
Bejing 2008 Olympic Tourch
Lenovo-designed Beijing 2008 Olympic Torch. Lenovo's design, the "Cloud of Promise," was chosen over 300 competitor themes and will be carried by torchbearers around the world in the Olympic Torch Relay preceding the Beijing 2008 Olympic Games. The primary theme of the torch’s artwork is clouds, which are intimately associated with Chinese culture, and are often represented in works of Chinese architecture, drawing and painting, furniture and story-telling.
July 16, 2007
Sodexho
Pierre Bellon joined a little ship supply company founded by his grandfather in 1895 and observed a recession in ship supplying business and started Sodexho in Marseille in 1966.
One of the turning point in Sodexho’s history came in 1970. Bill Fishman, CEO of ARA services(A leading food services provider) called Pierre Bellon to Paris. Bill want to acquire Sodexho a 4 year company at that time. Bill Fishman coaxed Pierre Bellon to visit the US for a few weeks in 1970 as he hoped to buy Sodexho. After seeing companies which are 250 times bigger than Sodexho at that time, Pierre Bellon decided to stay in business
Sodexho stands for Societé d'Exploitation Hotelière.In English, this translates to "company that provides services used by hotels
In 2001, a student-led boycott of Sodexho services on 60 campuses called “Notwithourmoney” pressured Sodexho to sell their shares in Corrections Corporation of America, the leading private prison company in the U.S.
Sodexho founder Pierre Bellon’s infamous comment “I used to invest in hotels. But with prisons, I can guarantee 100 percent occupancy rate every night” was quoted by Michael Moore in his 1997 book, Downsize This!
Polo Ralph Lauren
Polo Ralph Lauren is the Official Outfitter of Wimbledon. Polo Ralph Lauren is the first designer in Wimbledon's 129 year history to create and outfit all on-court officials including chair umpires and ball persons
July 06, 2007
Forbes
Business Magazine Forbes was started by Bertie Charles Forbes in 1917 .
Forbes started his own magazine “devoted to doers and doings” in 1917. Originally, he wanted to call the publication Doers and Doings, but Walter Drey, the general manager of the Magazine of Wall Street, convinced his new business partner to use his last name because it was well-known with the investment community. In the end, the phrase was incorporated into the masthead: Forbes: Devoted to Doers and Doings.
The first cover story was a competition to find the best employer in America.
Forbes had success earlier in the year with a book called Men who are making America , a collection of short biographies about businessmen, and its success allowed him to start the magazine. In 1926, Forbes followed it up with a book titled Automotive giants of America .
some famous quotes by Bertie Charles Forbes:
Vitally important for a young man or woman is, first, to realize the value of education and then to cultivate earnestly, aggressively, ceaselessly, the habit of self-education.
The man who has done his level best, and who is conscious that he has done his best, is a success, even though the world may write him down as a failure
The most notable winners usually encountered heartbreaking obstacles before they triumphed. They won because they refused to become discouraged by their defeats.
July 04, 2007
The GM Nod
The GM Nod - Everyone sits in a meeting and their heads bob up and down, “yes sure, we will do that.” Then they leave that conference and turn to whoever is nearby and say: “Like I’ll ever agree to that.
Tallymen
The first advertisement for credit was placed in 1730 by Christopher Thorton, who offered furniture that could be paid off weekly.
From 18th century until the early part of the 20th century, Tallyman sold clothes in return for small weekly payments. They were called “Tallymen” because they kept a record or tally of what people had bought on a wooden stick. One side of the stick was marked with notches to represent the amount of debt and the other side was a record of payments
From 18th century until the early part of the 20th century, Tallyman sold clothes in return for small weekly payments. They were called “Tallymen” because they kept a record or tally of what people had bought on a wooden stick. One side of the stick was marked with notches to represent the amount of debt and the other side was a record of payments
Martha Stewart
Martha Stewart has four collections named for homes she has either lived in or owns: Turkey Hill, Lily Pond, Opal Point, and Skylands.
Martha Stewart's attempted to claim the name of the town,Katonah,so that it can be used to sell paints, lighting, and home accessories was challenged by the residents of Katonah [via: Business week]
Martha Stewart's attempted to claim the name of the town,Katonah,so that it can be used to sell paints, lighting, and home accessories was challenged by the residents of Katonah [via: Business week]
Saddam calling cards
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