Guest blog written by Gene Colter.
That multimillion-dollar bra Heidi Klum sported a couple of years ago has got nothing on this tiny tog of extravagance for the toddler set.
The item in question is a patchwork vest for kids, available from J. Crew’s “Crewcuts” line for $325. Spotted on a flier ad on a countertop at a train station. Said flier was soon doused in coffee as the result of the classic “spit shot” produced by the person writing this entry.
This is an article of clothing whose economic excesses deserve further examination and perturbation. The two feet or so of material on display in this imported luxury speaks volumes about the reputations of both the retailer who sells it and the parents and relatives who will buy it.
First, the obvious: By definition, junior will get one season’s wear out of this item. One. (If your child can still wear the vest 12 months hence then there are medical problems in your family, and I wish you nothing but the path to good health, and please stop reading now.)
But, foolish blogger, you’re thinking, can’t you understand that this item can be passed down to little brother?
Indeed. Which amortizes its cost slightly – but of course also means that you have taken on the financial responsibility of another kid. So, at the risk of using fuzzy math, you’ve got the price down to about $162. That’ll make a dent in the $200,000 or so the extra kid will cost you through age 18 provided you don’t send him to private school.
Continue reading "The Most Expensive Garment You Will Ever Not Own" »
I enjoy Marketing Consultant Robb High's regular missives on business development. Robb's been in the
trenches, speaks from experience and draws upon the results of a recent CMO survey to prove his points.
That said, I think Robb's most recent mailing misses the mark. High believes that most prospective clients have no interest whatsoever in learning about agencies and their capabilities in a first-round pitch. Instead, he says, they want to talk about themselves. Period.
He suggests preparing 30 or more questions and using the allotted time to have the prospect talk solely about themselves and their needs. Robb suggests not spending any time at all on the who, what, when, where or why of the agency. And, counsels High, if the prospect says, '...thanks...but you didn't talk about your agency,' he recommends the following response: 'If the last hour of talking together doesn't make you feel like we should go to the next step of the review, I can't imagine what we could tell you about our agency that would change that.'
I think Robb's half right. Countless statistics prove that prospects feel a meeting has gone well if they've spoken 50 percent or more of the time. So, having a prepared list of questions in your hip pocket is very smart. But, you don't want it to be one way.
Continue reading "Robb High's half right" »
Guest blog written by Gene Colter.
Come with us now as we descend into hell. Down through the first circles and on to the murderers and
harmers of the innocent and young. Gaze upon the horrors to be seen there. -
I like to think I’ve gotten pretty good at spotting and avoiding the come-on letters, but this one got by me. It came in a good-quality envelope, the sort of one used to see wrapped around personal letters back when people wrote letters. So I opened it. On the cover of the card inside was a color photo of a darling baby girl. She was some months past birth, given her ability to hold her head up and the stud earrings she was already sporting, but she was still swaddled like a baby. My mind raced: Whose baby is getting christened? Why don’t I recognize this lovely little doll? I opened the letter to find out.
Whereupon I found out that I, Eugene, could lower my monthly mortgage payment if I could meet with a representative who had reviewed my loan and who would soon be in my neighborhood to chat.
That representative, of course, would be a mortgage broker. He and his ilk are well represented down where the sun never shines. And, despite a daily pounding of news coverage on the woes of the nation’s housing market, some of the worst salespeople in the country continue to ply their trade just as they did when housing prices were inflating and loans of dubious merit were being extended to people who had little hope of being able to live up to their terms.
This is an industry that has not even begun to grasp the basics of reputation management. Salesmen in general have always had a complicated reputation, but the mortgage-broking industry stands out in its awfulness.
Continue reading "Dante’s Kids " »
Ever watch those horrific infomercials on TV?
Fed up with the pabulum being pitched on local TV news channels this morning, I instead decided to check out the 'paid programming'.
What I saw was patronizing, if not pathetic. One spot, for example, featured a real estate guru who guaranteed he'd make millionaires out of any viewer willing to follow his 'simple, six-step, zero money down' investment philosophy. Yeah, sure.
Another showed scores of beaming, middle-aged housewives holding up their tent-like jeans and dresses. They'd each lost inches from their waistlines by following some bogus, seven-minute isometric exercise. The erstwhile 'big gals,' waxed poetic about their newfound energy, love lives and wardrobes. And they positively gushed about the isometric gadget, since it required only seven minutes daily out of their busy schedules. Scores of pounds lost? Inches melted away? All from isometrics? Me thinks not.
Continue reading "Stupid, desperate people" »
I don't like people who are late for meetings. And, it seems I'm not alone.
Sometimes tardiness simply can't be avoided. And, yes, sometimes I'm late for a meeting (or two). But, I'm steamed by the people who are habitually late for everything.
We have an employee who always shows up late. Always. He'll come sauntering in, mumble something about being stuck on a client call and then slip into an empty chair. As a result, we'll have to recap what's just been discussed in order to bring him up to speed. It's rude, an insult to the rest of us and a waste of everyone's precious time. But, in our passive-aggressive workplace culture, we never directly confront the 'late guy.' And that's a 'shame on us.'
Truth be told, though, I prefer late people to their rare, but equally annoying, early bird doppelgangers. These oddities insist on getting to airports, meetings or any other appointment way, way too early. When you do follow their advice, you just end up sitting. And sitting.
Continue reading "No one ever got fired for being early" »