We’re all excited by something new. Would the New Testament have caught on if it had been called “The Old Testament Part 2- this time it’s peaceful”?
In our shop, we are constantly looking for new lines and new ranges from existing suppliers to keep our regular customers interested. It's fascinating how even the best sellers start to flag after a while, as the Star becomes the Cash Cow and then declines into Dog status on the classic Boston Matrix marketing tool.
So we'll be off to various trade fairs over the next few months in search the next Stars.
My wife and I own Your Life Your Style, a shop based in Winchester and online, selling designer accessories for people and their homes. We also own The Lewis Experience, a Marketing and PR company specialising in entertainment and SMEs. We used to work in theatre marketing and played a key role in the success of The Mayflower Southampton. In this blog, I share a few observations on retailing, marketing, PR and the arts.
Showing posts with label Boston Matrix. Show all posts
Showing posts with label Boston Matrix. Show all posts
Friday, February 20, 2009
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