Chezbloom
Well-Known Member
If you want to build a brand based on deceptive images. Lots of big companies have been built up by over promising and under delivering.
AnswerEric Beder - Brean Murray
Good morning. Could you talk a little bit about, Martha, I know you rolled out the cookies and some other things for holiday season, how does Martha continue to going out. [You almost thought] I guess about a year of doing it?
Emphasis mine. I've been meaning the summarize the call but...well... I need more hours in the day....Chris McCann
Well, Martha overall has been a good learning experience for us. I would tell you that performance to-date has been below our expectations, and I think the headwind we ran into there as we introduced the higher price product point into environment that demanded value pricing. We work closely with the team at the MSO to redo our recipes to provide better value for our customers by taking some of the best of the products out and focusing on some real winners there. Martha is a strong brand with the loyal customer base and it teaches innovative product design and strong brand affinity. So we need to take better advantage of that. This is a multi-year deal. We think we are taking the right steps to make it a better deal for both Martha Stewart, (Omni Living) and for us and we are very positive about the future, but year-to-date it's not been what we expected but we think we have taken aggressive steps to make sure it is for the years going ahead.
In other words... We lost our collective assets...Chris McCann
Well, Martha overall has been a good learning experience for us.
for $179."12 stems of pink roses, 10 stems of pink spray roses"
And the "Luxury items" are the one they are promoting as "Florist Items"...So by making the cheap ones look big and full through camera angels, close cropping, PhotoShoping and ridiculous under-pricing, they've made the 'Luxury' ones look like very, very poor values.
A better question is... Why would you?What I wonder about is how many shops can afford to carry the luxury line.
Of course they are.A very good commercial.
It looks like they are planning on being a formidable competitor to florists.