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Tuesday, April 7, 2009

Simplifiers in the Marketplace

Simplicity originally uploaded by Thorsten Becker.
Starbucks' Howard Schultz posted "Staying Real in an Instant" on Huffington Post. The story caught my attention for two reasons: it mentioned Starbucks and "simplifiers."

You see 'simplifiers' are - according to John Quelch, HBS professor and marketing expert and author of "Too Much Stuff" from The Economist which formed the basis for The Next Marketing Challenge: Selling to 'Simplifiers' - people like me.

He says [about me]: "She finds herself surrounded by too much stuff acquired. She is increasingly skeptical in the face of a financial meltdown that it was all worth the effort. Out will go luxury purchases, conspicuous consumption, and a trophy culture.

Tomorrow's consumer will buy more ephemeral, less cluttering stuff: fleeting, but expensive, experiences, not heavy goods for the home."

According to Schultz, who refers to John Quelch: "in a tough economy, consumers are redefining value. They are consuming less, and focusing more on seeking satisfying experiences that enhance their lives. He [Quelch] calls this growing segment "The Simplifiers." They want fewer material goods, and more quality-of-life experiences. At our core, we have the right stuff to appeal to these consumers, whether it's the respite from the world our stores provide or now with Starbucks VIA ready brew, quality coffee on-the-go."

I admire Starbucks. They consistently deliver a perfect venti non-fat latte every time I order one. They have created a haven for me - truly a third place - particularly when I travel, and am in NYC for meetings in need of a place to chill. I love that my Dad enjoys lattes from Starbucks when I come visit and make the one block trek to their DC Starbucks for a fix.

I love, too, that they relentlessly try to redefine the Starbucks experience and improve the value they deliver to remain relevant to Starbucks customers.

In this article, Schultz addresses Starbucks' introduction of instant coffee. Now, for me, instant is not how I do coffee. My coffee is more about the steamed milk blending with the coffee than just coffee [the intensity of the sensory experience brings to mind a scene from Ally McBeal]. The closest I've gotten to 'instant' is via a Starbucks drive-thru or an airport Starbucks - both of which still offer me the 'third place' vibe.

Nonetheless, I admire the company's willingness to explore unusual ways to connect with a distinct consumer zeitgeist "without forsaking their core values."

Some of why I despise instant coffee is that it tastes despicably bad. Perhaps this Starbucks instant product - when mixed with steamed or very hot milk - might recreate the Starbucks in-store latte? I could definitely get into that! A guaranteed latte experience regardless of location? Wow!

Take a step back.

Quality and efficiency? A guaranteed practical experience? Yes, that definitely appeals to my sense of simplification. After all, I am a simplifier. I've written about the paradox of choice [most recently Refocus Product: Retail As Curator & Less But Better and last year Why Variety Matters For [Retail] Selection]. I am drowing in stuff. Everywhere I turn, there are too many choices to select from. Don't you yearn for relief from all of the stuff that surrounds you? Do you feel that we are drowning in possessions [see What Happens When Experience Economy Meets Recession Economy?]?

I also value quality over quantity. Who wouldn't? Quality is more environmentally responsible, too. Perhaps challenging, but also an opportunity as "Too Much Stuff? Enter the 'Simplifier' states in Octopus: that this is the "great proving ground for truly authentic brands —those that deliver an honest and fair value, and an engaging, distinctive experience for the buyer."

Something that Starbucks is attempting with its instant product.

Something I believe we all strive for as we simplify, refocus and deliver outstanding value to customers.

Something that represents a true competitive advantage...

Related article:
Four steps to living a more frugal life by Denise Ryan, Canwest News Service from 11/29/2008

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2 comments:

  1. Hi CB

    IMHO you can have both: quality and efficiency AND quality over quantity. We try in our business.

    "They are consuming less, and focusing more on seeking satisfying experiences that enhance their lives."

    We promote the easy maintenance of wooden flooring AND the fact it increases value of homes.
    If you search among the many benefits your products/services have I'm sure everyone can find two connecting ones to use to promote.

    Karin H. (Keep It Simple Sweetheart, specially in business)

    ReplyDelete
  2. Karin, that is wonderful advice and a great example. Thank you for sharing it. Best, CB

    ReplyDelete

Reminder: Please, no self-promotional or SPAM comments. Don't bother if you're simply trying to build inauthentic link juice. Finally, don't be anonymous: it's too hard to have a conversation. Thanks, CB

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