Author: Scott Hodges
Dannon Splashes Out First Super Bowl Ad
Dannon has apparently gotten itself into the Super Bowl act, debuting its first ever advertisement during the February 5th big event. Featuring actor John Stamos and the Oikos Greek yogurt brand, the TV spot is 30 seconds in length and cost in the ballpark, according to Dannon spokesman Michael Neuwirth, “in the $3.5 million range.”
Neuwirth explained the justification for the spot. As he said, “It’s not to change snacking habits during the Super Bowl obviously. But we’re in a category of food that continues to grow. It’s a long-term trend.”
He explained that, to create exposure “there’s no better way to do that than the Super Bowl.”
With no dialogue, the ad shows a sexy couple fighting over a cup of yogurt, and Danon certainly hopes to make an economic splash with it.
Jobs’ Wife Not Up on Disney Board Ballot
In a mood that is leaving many puzzled, Steve Jobs’ wife does not appear to be on the ballot for Disney’s re-election of directors this coming March. Disney has explained that 10 of the 11 current board members will stand for re-election. Jobs had been on the board there since May of 2006. Disney bought Jobs’ Pixar in 2006 and he was brought onto the Disney board to offer them guidance and to help the media company.
Now, according to the Walt Disney Co.’s proxy, the directors standing for re-election include Robert Iger, Aylwin Lewis and Sheryl Sandberg. Laurene Jobs was not on the list; nor was anyone representing his estate.
This news is obviously confusing, as the Steven P. Jobs Trust is Disney’s largest shareholder. They own almos 137.3 million shares which amounts to 7.7% of the company’s common stock.
Yang Saying Goodbye to Yahoo Inc.
It will certainly be interesting to watch Yahoo in the coming months and to see if they manage to recover from the mess they’ve made of themselves. Yahoo co-founder Jerry Yang just announced that he is packing up and leaving, just two weeks after Yahoo Inc. hired former PayPay executive Scott Thompson to be its new CEO.
Yang, in a letter to Yahoo Chairman Roy Bostock, wrote, “My time at Yahoo, from its founding to the present, has encompassed some of the most exciting and rewarding experiences of my life. However, the time has come for me to pursue other interests outside of Yahoo.”
There is no indication of what Yang’s next plans will be. He certainly doesn’t need to bring in a paycheck with his fortune that is estimated to be about $1.1 billion.
While giving up his board seat at Yahoo, and at China’s Alibaba Group and Yahoo Japan, Yang is also giving up his position as the “Chief Yahoo.”
Perhaps Scott Thompson will have an easier time fixing Yahoo without Yang breathing over his shoulder. Time will certainly tell.
Home Depot Stepping Up Hiring
As more and more people scramble to find employment in a difficult economy, one company is hanging the “We’re Hiring” banner. Home Depot has just announced that it will soon be hiring 70,000 seasonal workers for the spring. This is the company’s busiest time of the year, as many people work on their homes in the warmer weather.
Those seeking positions can apply at the Home Depot website and hiring will be picking up the pace in the coming weeks. Tim Crow, the executive vice president of Human Resources explains that temporary job openings can sometimes turn into full time jobs, and that people should think of their temporary opportunities in this light.
In 2011, approximately half of the temporary job opportunities did turn into permanent positions for those who were employed.
Apple Hits top 10 in BrandIndex Ranking
Not surprisingly, Steve Jobs continues to inspire and create buzz even now that he’s gone. A new report by YouGov BrandIndex said on Tuesday that Apple was among the top companies to receive positive buzz during 2011; and that those positive feelings spiked in October, when Jobs passed away.
Apple ranked 10th for their positive buzz, according to the report that polled consumers about last year and looked at 1100 companies. These findings were made even more significant when considering that it was the first time in three years that Apple reached the top 10 list. They joined companies such as Subway, Amazon, Google and Ford.
Ted Marzilli, the BrandIndex global managing director, wasn’t surprised that Apple doesn’t make the list each year. They are, he explained, the type of company that creates loyalty, but that also creates strong criticism.
As Marzilli said, “It’s not an uncontroversial brand.” Marzilli explained, however, that “Even if you’re not a huge Apple fan, I think a lot of people would say he’s a visionary.”
Robert Passikoff, founder of the market research firm Brand Keys, points out that Apple certainly has large shoes to fill now that Jobs is gone. As he said, “No one, at this point, I think really knows what the next big thing is for Apple, but surely any missteps are going to (be looked) at really, really closely.”
The New York Times Raises Prices
While most print newspapers are begging readers to continue their subscriptions and are finding it very difficult to compete with online media sources, The New York Times is using a different tactic.
In recent news, the Times has gone up in price by 50 cents, moving from $2.00 for the Monday through Saturday editions to $2.50. The large Sunday edition will remain the same price as it’s been – $5 for New York residents and $6 in the rest of the country.
Interestingly enough, they haven’t changed the cost of the digital subscriptions. The home delivery price has also moved up by 4%. This is the first time in more than two years that the newspaper has increased its price – and they have declined to comment on the change or the reasons behind it.
ISIS Bringing Technology to Markets Outside U.S.
In digital wallet business news, a new venture is in the works with AT&T Mobility, T-Mobile USE and Verizon Wireless to bring their technology to markets outside the U.S.
Spokesman Jaymee Johnson explains that the venture, called ISIS , has been discussing international opportunities.
ISIS has the goal of enabling consumers to use their phones for either credit card or debit card purchases in stores. They are in stiff competition with Google Inc. and other startups in the mobile payment field. According to Juniper Research, this is an incredibly hot and ever-growing field with a worldwide market that is expected to reach $670 billion by 2015.
During an interview, Johnson said, “The underlying equity partners in ISIS give us some degree of visibility and awareness beyond the U.S.”
ISIS, however, is a bit behind Google with their venture. While Google Wallet launched in September, ISIS only plans to start in two cities in mid-2012. ISIS has announced a few news items that show that support for them is growing. One of their technology providers in the U.S. will be Gemalto NV and they’ve announced agreements with payment networks Visa Inc. and handset makers such as Motorola Mobility Holdings Inc.
Bloomberg Projects Amazing Year for IPO Industry
According to Bloomberg data, the IPO industry is set for an amazing year in 2012. Facebook Inc. and Yelp Inc. are both set to lead the largest year for any U.S. IPO by Internet companies since those in 1999. At least 14 other web-related companies are following suit, planning sales as well.
Bloomberg is projecting that the industry may be able to raise $11 billion next year, the most that has been raised since 1999 which saw $18.5 billion of IPOs.
As David Erickson, the New York-based global co-head of equity capital markets at Barclay Plc. said, “Technology is still a place where you can get outperformance in terms of growth against a tepid market backdrop. You might see more IPOs emerge if we get resolution in Europe or stability that makes investors more comfortable with the overall market.”
American’s Most Promising Companies
Take a look at this promising list of American’s most promising companies from Forbes. In an era when so many businesses are hurting, and when entrepreneurs are always trying to think of the next best thing, this list offers excellent insights into the business world.
In total, they ranked 100 of the most up-and-coming and promising companies. It’s a list worth looking at – and skills worth adapting in this ever-changing business world.