jerryking + self-selecting   2

How Super Is Your Market? - WSJ.com
March 1, 2005 | WSJ | By ADAM HANFT.

"I'd have to say that there are several intersecting explanations for the deep crisis gripping the supermarket category.

Industries are self-selecting in terms of the leadership they attract, and the grocery industry has long been populated by conservative management that is resistant to change and innovation. They took their customers for granted, and relied on manufacturers to innovate with new products, seeing themselves as basically commodity transaction points whose responsibility was to stock the shelves, mist the lettuce, and collect the carts from the parking lot.

This lack of marketing sophistication and a consumer-driven approach screams at us from the entire supermarket buying experience. (What other industry rewards those who spend less, which is what the 10 items or less Express Lane does?)

Food shopping should be a variety of entertainment, which is something that Whole Foods understands. Its merchandising should combine elements of adventure and discovery in a tactile and sensual environment. But consider the clinical drabness of the supermarket, and think how long it's been that way: Step inside your average supermarket, if you wanted to convince yourself that you're in 1964 instead of 2004, you could. Meanwhile, retailers in general -- from Old Navy to even Home Depot -- have defined the shopping experience for stimulation-craved, ADD shoppers.

Another massive failure is that supermarkets don't invest in building their brand -- their marketing is entirely price-driven. "
supermarkets  bankruptcies  Winn-Dixie  Nielsen  leadership  marketing  price-driven  self-selecting  Whole_Foods  shopping  shopping_experience  grocery  customer_experience 
july 2012 by jerryking
Put out the welcome sign for immigrants
Nov 3, 2010 / Financial Times pg. 14 / Luke Johnson. Importing
human capital generates wealth. They bring ideas - and often financial capital - and force us to raise our game to compete. Throughout history, those who would expel or persecute industrious communities - like Nazi Germany and the Jews, Idi Amin's Uganda and Asians - have been the big
losers. What we need is brainpower and willpower - they are the greatest
natural resources. Migrants are a self-selecting minority and tend to
be young and enterprising. We should continue to make our country
attractive to arrivals from all over the world who want to start a
business.
ProQuest  Luke_Johnson  human_capital  wealth_creation  self-selecting  migrants  immigrants  immigration  ethnic_communities  willpower  expulsions  displacement  persecution  Uganda  Idi_Amin  brainpower  South_Asians  natural_resources 
november 2010 by jerryking

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