This New Jersey pinball wizard is trying to modernize an old arcade favorite.

https://youtu.be/FnKKoaMNxw4

 

Questions:

  1. What’s important characteristic about their customers must pinball machines manufacturers keep in mind?
  1. Will pinball manufacturers like Jersey Jack be able to expand their market?

From CNN Money

 

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Over the last few years, brick and mortar retailers have come up with some ingenious ways to gather data about the customers who walk into their stores. We’ve taken a look at some of them in past posts on this blog, including one story about “smart” mannequins that observe consumer patterns using cameras in the dummies’ eyes. Although that may skew a bit on the creepy side, it’s important to keep in mind that physical retailers are merely trying to Continue reading

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April 26, 2014

 

babyFor many parents, the day a child becomes potty-trained is cause for celebration. Not only has their kid progressed to a new stage of their life, but it also means that they’re done dealing with one of parenting’s messiest products: diapers. Each year Americans spend more than $10 billion on Pampers alone, accounting for 12 percent of Procter & Gamble’s sales. Although that makes Pampers the biggest brand in P&G’s portfolio, their North American market share still trails Kimberly-Clark’s Continue reading

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April 21, 2014

When it comes to entertainment, kids today have more options than ever before. Increasingly, though, they’ll opt to play a game on a mobile device like a smartphone or iPad. This is bad news for toy makers, who have watched a large amount of their market share shift to gadgets. Except for Lego, that is. The Danish stackable bricks brand reached a low point in 2003 after experimenting with the design of some of its products. Since then, Lego’s focus Continue reading

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April 16, 2014

If there’s one snack Americans love, it’s chips and dip. But more than a few snackers would be turned off if they found a big bowl of hummus next to their tortilla chips. That’s because 80 million people in the U.S. have no idea the popular Mediterranean chickpea dip even exists. Over the last few years the food company Sabra has been trying to change that fact by making hummus more accessible to American palettes. After all, with only 26 Continue reading

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April 13, 2014

In the days before the Internet, consumers had two choices if they wanted more information about a product: either ask a friend or consult the item’s marketing. And since people in those days weren’t able to stay in constant communication with everyone they knew, most had to opt for the latter. Nowadays, though, consumers have no shortage of options available when they want to shop around. Studies commissioned by Google show that consumers consult an average of 10.4 sources before Continue reading

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April 7, 2014

Over the years, thousands of brands have established pages on Facebook in order to reach the social network’s hundreds of millions of users. Although companies can purchase banner ads or sponsor certain posts, many prefer to use the service’s free features to reach consumers organically. But as Facebook becomes stuffed with content, fewer and fewer posts pop up in a user’s feed. In October 2013, just 12 percent of a page’s content reached people who had “liked” that page. By Continue reading

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April 3, 2014

 

Although Americans love sports, they’ve never quite warmed up to soccer the same as with other pastimes. But interest in the world’s most popular game has been growing steadily as more TV stations pick up games from top-flight European leagues. However, some Americans are busy building their own soccer culture. The Portland Timbers, for instance, have sold out every Major League Soccer home game since their founding four years ago. Thanks to a clever launch and solid marketing, the Continue reading

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March 15, 2014

At first glance it may be difficult to figure out what a tech giant like Google shares in common with the women’s feature-smoothing undergarment line Spanx. Although they may seem like completely different operations, both companies share one crucial element: they each have memorable founding stories. With Google, founders Sergey Brin and Larry Page hammered out their first search engine while holed up in a friend’s garage. Meanwhile, Sara Blakely demonstrated the power of Spanx by using a pair of Continue reading

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