Nope. Ted's wrong.
Most of the items in a store are 'discretionary spending' for
most of us, most of the time. Be it a hardware store, a
grocery store, a clothing store, or even a bank. If we buy an
item we use it, eat it, or wear it. But if we don't, usually
without realising, we find something else to do with our time
& money.
We could get our hair cut this week, but often we leave it
until next.
Some of us have 3+ credit cards, others have only 1 or 2.
Those with fewer cards seldom feel inadequate that they spent
their time and money doing other things than filling out
credit card application forms.
Fortunately, for marketers, buyers regularly, often
habitually, purchase from the category. But there they
encounter an enormous range of brands that are all pretty
acceptable.
All these examples remind us that the main competitive battle
is one for
attention. Competing to be better than
competitors is just one subset of the broader challenge to
get noticed and bought.
Very little buying is carefully planned. Brand choice even
less so.
If we have a plan it is often vague.... "something for
dinner", "something new to wear". Most shoppers don't carry
lists. Instead we let things catch our attention, often first
via advertising, and second via store display.
We prefer to make a choice not design what we want ourselves.
And we like to choose from a restricted set of options (the
ones we notice). That's why we much prefer a restaurant to
offer a limited menu rather than say they'll cook us anything
we like.
A great price, great quality, great design, new features -
these are ways to catch attention (particularly of retailers
and salespeople). And much investment and R&D goes into
cost reduction and new product development.
In comparison almost no R&D investment goes into
advertising, media, branding, packaging, and point of sale
display. Vast sums are spent on these ways to catch
attention, but with little in the way of systematic
experimentation or investigation.
We need systematic R&D into what makes a brand salient.
How come I notice some brands and not others ? How come some
brands come to mind while others are never considered ?
Some advertising builds salience, while a distressing amount
does not.
Some media strategies really reach people, and at the right
time,
most don't.
The R&D Initiative's research agenda
is built around questions
like this.