1 00:00:05,240 --> 00:00:07,200 Speaker 1: Hey, this is Annie and Samantha. I'm not going to be 2 00:00:07,200 --> 00:00:09,000 Speaker 1: Stephan never told you a production of iHeartRadio. 3 00:00:18,640 --> 00:00:20,560 Speaker 2: And before we start this Monday many, I want to 4 00:00:20,560 --> 00:00:24,079 Speaker 2: put a disclaimer. This is no hate to anybody who 5 00:00:24,200 --> 00:00:26,480 Speaker 2: love the things that we are talking about. We are 6 00:00:26,520 --> 00:00:32,120 Speaker 2: more interested in why they're so coveted. So just just 7 00:00:32,400 --> 00:00:35,320 Speaker 2: let you know. Like it does sound like maybe we're criticizing, 8 00:00:35,360 --> 00:00:38,960 Speaker 2: it's more that we're criticizing the capitalistic ideas behind it, 9 00:00:39,280 --> 00:00:41,919 Speaker 2: more so than the items and the people who buy it. 10 00:00:42,000 --> 00:00:45,760 Speaker 2: So don't come at me. If you've got one of 11 00:00:45,800 --> 00:00:48,559 Speaker 2: these things, happy for you, if you love it, do 12 00:00:48,640 --> 00:00:51,440 Speaker 2: the things that you love, is what we say. And also, 13 00:00:51,479 --> 00:00:53,640 Speaker 2: we are not currently being sponsored by any of these 14 00:00:53,680 --> 00:00:56,160 Speaker 2: products that we are talking about. You know, things change. 15 00:00:56,760 --> 00:00:59,200 Speaker 2: Not that not to say that we don't want to be. 16 00:00:59,320 --> 00:01:01,880 Speaker 2: We're just saying I don't need it. I don't please, 17 00:01:01,880 --> 00:01:04,320 Speaker 2: don't like we need the money. I don't need the product. 18 00:01:04,400 --> 00:01:07,120 Speaker 2: So we'll do a oh three if any of these 19 00:01:07,160 --> 00:01:10,760 Speaker 2: companies are listening, which I don't know if they care. Also, 20 00:01:10,959 --> 00:01:14,240 Speaker 2: because I am talking about a trend, here is a timestamp. 21 00:01:14,360 --> 00:01:18,920 Speaker 2: Today is January twelfth, twenty twenty four, and today we're 22 00:01:18,920 --> 00:01:21,319 Speaker 2: recording it. I guess it's going to be released on 23 00:01:21,400 --> 00:01:26,320 Speaker 2: Martin Luther King Junior Observant Day, So happy MLKA Junior Day, y'all. 24 00:01:27,640 --> 00:01:30,679 Speaker 2: So what I'm specifically talking about is something that has 25 00:01:30,720 --> 00:01:35,600 Speaker 2: been coming for me on my for you page on TikTok, 26 00:01:36,480 --> 00:01:40,480 Speaker 2: and it has been a huge topic of conversation Annie. 27 00:01:40,959 --> 00:01:46,120 Speaker 2: It's sweeping pretty much, isn't this overall sweeping need for 28 00:01:46,240 --> 00:01:50,640 Speaker 2: so many women to get us Stanley Cup? And no, 29 00:01:51,160 --> 00:01:54,440 Speaker 2: I know when I originally told you Annie about this subject, 30 00:01:54,920 --> 00:02:00,240 Speaker 2: I am not talking about the National Hockey Championship Stanley Up. 31 00:02:00,320 --> 00:02:04,640 Speaker 2: So you know, I'm sorry if you're talking about some 32 00:02:04,680 --> 00:02:07,240 Speaker 2: hockey things, which has had a lot of controversy this year. 33 00:02:07,280 --> 00:02:10,760 Speaker 2: By the way, Yeah, it's a violent sport. I did 34 00:02:10,840 --> 00:02:13,480 Speaker 2: like it though, but no, that is not what we're 35 00:02:13,480 --> 00:02:15,720 Speaker 2: talking about. We are talking about a company that has 36 00:02:16,040 --> 00:02:19,560 Speaker 2: existed over one hundred years and has been creating different 37 00:02:19,560 --> 00:02:22,640 Speaker 2: thermoss and drinking vessels for a while now. Has been 38 00:02:22,720 --> 00:02:25,880 Speaker 2: a kind of a staple for the camping world. And 39 00:02:25,960 --> 00:02:29,880 Speaker 2: with that, even though women do love camping, women be camping, 40 00:02:30,760 --> 00:02:35,320 Speaker 2: it has been geared more towards men until recently, but 41 00:02:35,440 --> 00:02:39,560 Speaker 2: It was in nineteen thirteen that William Stanley invented the 42 00:02:39,760 --> 00:02:43,760 Speaker 2: quote all still double walled vacuum bottle and stuck his 43 00:02:43,880 --> 00:02:46,799 Speaker 2: name on it. And this is according to Stanley nineteen 44 00:02:46,840 --> 00:02:50,919 Speaker 2: thirteen dot com, So you know it's been around for 45 00:02:50,919 --> 00:02:53,440 Speaker 2: a while. He emitted a pretty cool thing like I 46 00:02:53,520 --> 00:02:58,120 Speaker 2: love my double walled you know, insulated cups. I have 47 00:02:58,240 --> 00:03:01,120 Speaker 2: two that I use. I guess because my sister gifted 48 00:03:01,160 --> 00:03:06,239 Speaker 2: me one of the old trending ones. Oh yeah, Christmas. 49 00:03:06,280 --> 00:03:09,200 Speaker 2: So now I have three ones that I use, and 50 00:03:09,240 --> 00:03:11,040 Speaker 2: I do like it. They do keep things cold for 51 00:03:11,080 --> 00:03:13,520 Speaker 2: a very long time. They keep things hot for a 52 00:03:13,680 --> 00:03:16,560 Speaker 2: very very long time, just in case. Oh you know what, 53 00:03:16,600 --> 00:03:19,400 Speaker 2: I just got a gifted last year of another one 54 00:03:19,639 --> 00:03:23,560 Speaker 2: that was also a big trending one. These are Christmas 55 00:03:23,560 --> 00:03:29,360 Speaker 2: gifts apparently. Yes, So we are specifically talking about the 56 00:03:29,480 --> 00:03:33,120 Speaker 2: Quencher as it is called, which is a water tumbler 57 00:03:33,160 --> 00:03:36,960 Speaker 2: that quote comes in various sizes, but the forty ounce 58 00:03:37,040 --> 00:03:40,400 Speaker 2: and thirty ounce styles are the most popular, and their 59 00:03:40,480 --> 00:03:45,040 Speaker 2: prize between thirty five dollars and fifty dollars. The product 60 00:03:45,080 --> 00:03:48,600 Speaker 2: both features like a handle, the ability to keep drinks 61 00:03:48,640 --> 00:03:51,880 Speaker 2: hot for five to seven hours and cold for nine 62 00:03:51,880 --> 00:03:54,720 Speaker 2: to eleven and the fact that it fits inside of 63 00:03:54,800 --> 00:03:57,800 Speaker 2: most car cup holders, which you know it is kind 64 00:03:57,800 --> 00:03:59,880 Speaker 2: of important because it's just really annoying when they don't fit. 65 00:04:01,080 --> 00:04:04,440 Speaker 2: The Quincher was released in twenty sixteen, but has really 66 00:04:04,640 --> 00:04:08,320 Speaker 2: picked up the desirability rate in the last couple of years. 67 00:04:08,560 --> 00:04:12,560 Speaker 2: So here's some quotes from retaildive dot com about why 68 00:04:12,600 --> 00:04:16,359 Speaker 2: it has become so popular. Says quote, how did the 69 00:04:16,400 --> 00:04:19,960 Speaker 2: brand expand beyond its rugged image to something that appealed 70 00:04:20,000 --> 00:04:23,360 Speaker 2: to a broader customer who would incorporate the products into 71 00:04:23,400 --> 00:04:28,520 Speaker 2: their everyday lifestyles With the help of three women, Linley Hutchinson, 72 00:04:28,640 --> 00:04:32,359 Speaker 2: Ashley Lesour and Taylor Cannon, the founders of The by Guide, 73 00:04:32,480 --> 00:04:35,800 Speaker 2: an online shopping blog and Instagram account that started in 74 00:04:35,839 --> 00:04:39,719 Speaker 2: twenty seventeen, were early lovers of the Stanley Quincher. The 75 00:04:39,760 --> 00:04:43,520 Speaker 2: Bye Guide's second post on Instagram back in November twenty seventeen, 76 00:04:43,760 --> 00:04:48,360 Speaker 2: featured a forty ounce Stanley Quincher. Quote of all the 77 00:04:48,400 --> 00:04:51,840 Speaker 2: insulated cups, this is the one, just trust, the post reads, 78 00:04:51,920 --> 00:04:56,200 Speaker 2: touting the product's features like its handle straw, ability to 79 00:04:56,240 --> 00:04:58,919 Speaker 2: keep beverages cold, and the fact that it was a 80 00:04:58,960 --> 00:05:02,520 Speaker 2: dishwasher safe. And it wasn't just blog reviewers that were 81 00:05:02,560 --> 00:05:06,200 Speaker 2: blowing up this product just a keynote though most of 82 00:05:06,240 --> 00:05:09,640 Speaker 2: those products that are inslated can't be washing dishwashers, so 83 00:05:09,720 --> 00:05:13,039 Speaker 2: it is annoying. So that feature is a nice thing. 84 00:05:13,400 --> 00:05:16,159 Speaker 2: I'm starting to understand the appeal as we researched this. 85 00:05:16,440 --> 00:05:18,559 Speaker 2: I'm not gonna go buy one, no, but I'm just saying. 86 00:05:20,600 --> 00:05:23,520 Speaker 2: But also, it wasn't just the bloggers, but also the 87 00:05:23,560 --> 00:05:29,040 Speaker 2: mini now viral TikTok videos, including videos of young girls 88 00:05:29,080 --> 00:05:32,800 Speaker 2: crying and screaming over getting one of these cups to 89 00:05:32,839 --> 00:05:36,279 Speaker 2: a woman whose entire car had been engulfed in flames, 90 00:05:36,800 --> 00:05:39,960 Speaker 2: but the Stanley cup was still intact and hardly burnt. 91 00:05:40,360 --> 00:05:44,000 Speaker 2: And apparently my partner, when we were talking about this, 92 00:05:44,160 --> 00:05:46,920 Speaker 2: said that Stanley Cup saw this because it went so 93 00:05:46,920 --> 00:05:52,080 Speaker 2: so viral that they bought her a new car. Stanley 94 00:05:52,120 --> 00:05:54,520 Speaker 2: bought her a new car. I was like, that's smart, 95 00:05:54,640 --> 00:05:56,920 Speaker 2: that's smart marketing, Like that costs them a few thousand 96 00:05:56,960 --> 00:06:01,599 Speaker 2: dollars to get millions, so right, hey, I mean, and 97 00:06:01,640 --> 00:06:04,080 Speaker 2: again she's doing a great job of marketing for them, 98 00:06:04,120 --> 00:06:07,040 Speaker 2: so you know, go ahead. And in fact, these sells 99 00:06:07,160 --> 00:06:10,040 Speaker 2: for the Stanley Company again with the help of TikTok, 100 00:06:10,200 --> 00:06:13,320 Speaker 2: went from but seventy four million in twenty nineteen to 101 00:06:13,480 --> 00:06:16,520 Speaker 2: seven hundred and fifty million in twenty twenty three. And 102 00:06:16,560 --> 00:06:20,440 Speaker 2: this is according to CNBC, and using social media was 103 00:06:20,480 --> 00:06:23,599 Speaker 2: a very calculated tactic. Here's a quote from the Forbes 104 00:06:23,680 --> 00:06:27,960 Speaker 2: article titled why is TikTok obsessed with Stanley Cups. Stanley 105 00:06:28,040 --> 00:06:31,480 Speaker 2: didn't launch the Quencher bottles until twenty sixteen, more than 106 00:06:31,520 --> 00:06:34,359 Speaker 2: a century after the company was founded in nineteen thirteen. 107 00:06:34,560 --> 00:06:38,040 Speaker 2: The quinchers saw little success at first, but after Terence 108 00:06:38,200 --> 00:06:41,919 Speaker 2: Riley left CrOx to become Stanley's president in twenty twenty, 109 00:06:42,200 --> 00:06:46,279 Speaker 2: he leaned into influencer marketing to sell quinchers, which replaced 110 00:06:46,360 --> 00:06:49,680 Speaker 2: the classic Stanley bottles as the company's best selling products 111 00:06:49,760 --> 00:07:03,720 Speaker 2: that same year. So the success of some items light 112 00:07:03,800 --> 00:07:07,480 Speaker 2: the Quencher could be seen as random, but like this, 113 00:07:08,200 --> 00:07:12,000 Speaker 2: it's obviously not. It's a more calculated effort. Here's a 114 00:07:12,080 --> 00:07:14,720 Speaker 2: quote from a recent teen Vogue article. Literally, as I 115 00:07:14,760 --> 00:07:19,160 Speaker 2: was researching this, this popped up on my social media, 116 00:07:19,280 --> 00:07:22,920 Speaker 2: Like they're stalking me. Yeah, Anyway, It says, while the 117 00:07:22,960 --> 00:07:27,160 Speaker 2: popularity of a practical cup may seem random, if not absurd, 118 00:07:27,200 --> 00:07:30,520 Speaker 2: to some, it's not a new phenomenon. It's the same 119 00:07:30,640 --> 00:07:34,440 Speaker 2: reason that in the late nineteen nineties, Beaty Babies, a 120 00:07:34,640 --> 00:07:38,720 Speaker 2: useless plush collectible toy, had people lining up for a 121 00:07:38,800 --> 00:07:43,040 Speaker 2: chance to get a new drop, or more recent mscchf's 122 00:07:43,240 --> 00:07:47,000 Speaker 2: impractical Red Boots had lines around the corner filled with 123 00:07:47,040 --> 00:07:49,200 Speaker 2: the young shoppers wanting to buy in. Do you know 124 00:07:49,240 --> 00:07:51,840 Speaker 2: what I'm talking about with the boots, the cartoonish looking boots. 125 00:07:52,160 --> 00:07:55,880 Speaker 2: It looks like cartoon boots, and people wanted Yes, it 126 00:07:55,880 --> 00:07:59,040 Speaker 2: looks like cartoon red boots, like wow, I send you 127 00:07:59,040 --> 00:08:03,800 Speaker 2: a picture. Value is often determined not by the product 128 00:08:03,840 --> 00:08:06,880 Speaker 2: itself or the price tag, but by the fact that 129 00:08:06,960 --> 00:08:11,040 Speaker 2: a whole bunch of people have it. Plus a consumer psychologist, 130 00:08:11,080 --> 00:08:14,560 Speaker 2: Matt Johnson, PhD tells teen Vogue water bottles have a 131 00:08:14,600 --> 00:08:18,240 Speaker 2: particular way of signaling that you're caring for yourself and 132 00:08:18,280 --> 00:08:21,600 Speaker 2: that you're up on a wellness trends, something very popular 133 00:08:21,680 --> 00:08:23,920 Speaker 2: on social media and I think we may have mentioned 134 00:08:23,960 --> 00:08:28,440 Speaker 2: it on the Self Care episode before, where marketing has 135 00:08:28,640 --> 00:08:32,960 Speaker 2: really come in abusing this tactic and trying to sell things. 136 00:08:33,160 --> 00:08:36,720 Speaker 2: So this is kind of along those lines, and the 137 00:08:36,840 --> 00:08:40,240 Speaker 2: article continues in the same way that fashion and beauty 138 00:08:40,280 --> 00:08:43,080 Speaker 2: trends function as a way for us to belong, a 139 00:08:43,200 --> 00:08:46,040 Speaker 2: mug can do the same quote. There's an element of 140 00:08:46,080 --> 00:08:48,960 Speaker 2: it that at the moment it feels very exciting, and 141 00:08:49,040 --> 00:08:51,360 Speaker 2: at the moment it feels like you're a part of something, 142 00:08:51,400 --> 00:08:55,520 Speaker 2: says Johnson. We are in a loneliness epidemic, and people 143 00:08:55,600 --> 00:08:59,720 Speaker 2: seek belonging in non traditional ways. It sounds silly for 144 00:08:59,800 --> 00:09:02,640 Speaker 2: me people, but being part of a trend and being 145 00:09:02,720 --> 00:09:05,760 Speaker 2: part of this movement where lots of people you see 146 00:09:05,800 --> 00:09:10,520 Speaker 2: online are doing it provides some semblance of belonging. So 147 00:09:10,520 --> 00:09:13,040 Speaker 2: there was a lot of articles talking about this level 148 00:09:13,080 --> 00:09:14,960 Speaker 2: that people just really want to be a part of it, 149 00:09:16,120 --> 00:09:19,680 Speaker 2: and then also having it together and just kind of 150 00:09:20,480 --> 00:09:23,320 Speaker 2: having a conversation. So I saw a recent TikTok. It 151 00:09:23,360 --> 00:09:25,840 Speaker 2: was kind of sad of this mom who talked about 152 00:09:25,960 --> 00:09:29,760 Speaker 2: she had bought her daughter a cup. It wasn't a 153 00:09:29,800 --> 00:09:32,480 Speaker 2: Stanley cup, but it was acutely designed from Walmart or whatever, 154 00:09:32,520 --> 00:09:35,480 Speaker 2: and her daughter originally loved it. And when I say daughter, 155 00:09:35,679 --> 00:09:38,079 Speaker 2: I think she was eleven, so these are really young kids. 156 00:09:38,920 --> 00:09:41,480 Speaker 2: And when she took it to school, she got bullied 157 00:09:41,480 --> 00:09:44,600 Speaker 2: and made fun of, so her mom replaced it with 158 00:09:44,679 --> 00:09:48,400 Speaker 2: an actual Stanley cup and then talked about why she 159 00:09:48,400 --> 00:09:52,440 Speaker 2: thought this was absurd, but still was perpetuating this Stanley 160 00:09:52,440 --> 00:09:55,679 Speaker 2: cup thing. But this was that level of like being 161 00:09:55,760 --> 00:09:58,320 Speaker 2: seen as an outcast and now as a part of 162 00:09:58,360 --> 00:10:00,760 Speaker 2: this group. So this level of long and of course 163 00:10:00,760 --> 00:10:03,080 Speaker 2: it's a little different for adults with social media, but 164 00:10:03,120 --> 00:10:05,720 Speaker 2: there still is that need to belong or being a 165 00:10:05,720 --> 00:10:10,600 Speaker 2: part of that club. So using things like belonging, social 166 00:10:10,640 --> 00:10:14,280 Speaker 2: media and overall marketing towards women has really paid off 167 00:10:14,360 --> 00:10:18,520 Speaker 2: for companies like Stanley. According to a twenty fifteen report 168 00:10:18,679 --> 00:10:22,080 Speaker 2: by The Guardian, not only is it smart to target women, 169 00:10:22,280 --> 00:10:25,839 Speaker 2: but by doing so, men will likely follow. Here's a 170 00:10:25,880 --> 00:10:28,440 Speaker 2: quote from that article titled when over Women and the 171 00:10:28,440 --> 00:10:32,120 Speaker 2: men will follow. They say women have the potential to 172 00:10:32,160 --> 00:10:36,079 Speaker 2: be a highly profitable target audience for small business owners. 173 00:10:36,520 --> 00:10:38,720 Speaker 2: The reason for this is because once you have won 174 00:10:38,760 --> 00:10:41,800 Speaker 2: women over, they tend to be more brand loyal and 175 00:10:41,840 --> 00:10:46,480 Speaker 2: are more inclined to offer referrals and recommendations than men. However, 176 00:10:46,880 --> 00:10:50,280 Speaker 2: women are also complex, so a considered and nuanced approach 177 00:10:50,280 --> 00:10:53,199 Speaker 2: to gaining their loyalty is needed, one that avoids being 178 00:10:53,240 --> 00:10:56,640 Speaker 2: condescending or lumping all women into one homogeneous group. It's 179 00:10:56,679 --> 00:10:59,920 Speaker 2: important to remember that marketing to women doesn't mean you 180 00:11:00,160 --> 00:11:03,760 Speaker 2: be alienating men. In fact, there's a saying quote, if 181 00:11:03,800 --> 00:11:07,439 Speaker 2: you meet the expectation of women, you often exceed the 182 00:11:07,480 --> 00:11:11,240 Speaker 2: expectation of men without being dismissive of marketing to men. 183 00:11:11,320 --> 00:11:13,679 Speaker 2: If you get your marketing to women right, you are 184 00:11:13,720 --> 00:11:18,120 Speaker 2: more likely to effectively reach men too. So it continues, 185 00:11:18,160 --> 00:11:22,080 Speaker 2: and it says women's sheer economic strength means business can 186 00:11:22,200 --> 00:11:27,240 Speaker 2: vastly improve bottom line profit and create invaluable brand ambassadors. 187 00:11:28,360 --> 00:11:31,680 Speaker 2: They control up to eighty five percent of consumer purchasing 188 00:11:31,679 --> 00:11:35,679 Speaker 2: decisions and account for nearly half of all purchases in 189 00:11:35,720 --> 00:11:40,240 Speaker 2: traditionally male dominated categories such as cars and electronics. Companies 190 00:11:40,240 --> 00:11:44,199 Speaker 2: that recognize this and market themselves accordingly will break through 191 00:11:44,320 --> 00:11:49,080 Speaker 2: the advertising clutter and encourage brand loyalty. I get that 192 00:11:49,520 --> 00:11:52,480 Speaker 2: because like, if I like something, I'll buy that same bryon. 193 00:11:53,960 --> 00:11:57,240 Speaker 1: Yeah, And to me, like that just makes sense. And 194 00:11:57,280 --> 00:12:00,840 Speaker 1: now I'm like, asplaying a minute, men in my life, 195 00:12:00,840 --> 00:12:02,440 Speaker 1: what do you just buy? 196 00:12:02,559 --> 00:12:04,000 Speaker 2: Whatever do you find? 197 00:12:04,240 --> 00:12:04,959 Speaker 1: What are you doing? 198 00:12:05,400 --> 00:12:09,160 Speaker 2: My partner buys brand deals. He loves the wow deals 199 00:12:09,400 --> 00:12:12,040 Speaker 2: in our market, and I'm like, I'm on murder you 200 00:12:12,040 --> 00:12:17,160 Speaker 2: why you're doing this? I do believe I have witnessed 201 00:12:17,240 --> 00:12:21,280 Speaker 2: this when I'm lie. Why my mother would be drold though, 202 00:12:21,280 --> 00:12:25,520 Speaker 2: because she also just buys on sales and the numbers 203 00:12:25,559 --> 00:12:29,520 Speaker 2: really haven't changed since twenty fifteen. According to the get Nux, 204 00:12:29,600 --> 00:12:32,839 Speaker 2: y'all is git in ux. I'm gonna go with that 205 00:12:33,480 --> 00:12:36,320 Speaker 2: market data report for twenty twenty four, which was published 206 00:12:36,320 --> 00:12:39,560 Speaker 2: at the end of December of twenty twenty three, women 207 00:12:39,640 --> 00:12:43,559 Speaker 2: drive seventy to eighty percent of consumer spending while men 208 00:12:43,600 --> 00:12:46,680 Speaker 2: control the remaining twenty to thirty percent. Men are more 209 00:12:46,800 --> 00:12:50,240 Speaker 2: likely to make impulse purchases fifty four percent than women 210 00:12:50,400 --> 00:12:54,400 Speaker 2: forty five percent. On average, women spend three hundred and 211 00:12:54,400 --> 00:12:57,600 Speaker 2: seventy nine minutes per week shopping while men spend two 212 00:12:57,720 --> 00:13:01,640 Speaker 2: hundred and sixty three And surprise, though, men make up 213 00:13:01,760 --> 00:13:05,040 Speaker 2: sixty two percent of the online spending in the US, 214 00:13:05,160 --> 00:13:07,320 Speaker 2: I really would have thought it'd be more women to 215 00:13:07,360 --> 00:13:12,920 Speaker 2: be yeah, but apparently not so. And according to kiplinger 216 00:13:12,960 --> 00:13:17,840 Speaker 2: dot com, the targeting women is the most profitable decision 217 00:13:17,920 --> 00:13:21,200 Speaker 2: for businesses. So these sites that I'm talking about when 218 00:13:21,200 --> 00:13:23,880 Speaker 2: it comes to this, they're trying to do how to 219 00:13:24,120 --> 00:13:28,120 Speaker 2: guide for businesses. So we're not going to go into 220 00:13:28,200 --> 00:13:30,520 Speaker 2: what they say as their advice, but this is the 221 00:13:30,559 --> 00:13:33,079 Speaker 2: information they're giving two businesses to let them know why 222 00:13:33,120 --> 00:13:35,360 Speaker 2: they should be doing this. So their quote says, when 223 00:13:35,400 --> 00:13:38,760 Speaker 2: it comes to marketing to women, the figures are compelling 224 00:13:38,880 --> 00:13:42,160 Speaker 2: and clear. Globally, According to a not for profit that 225 00:13:42,200 --> 00:13:45,480 Speaker 2: helps build workplaces that work for women, women control about 226 00:13:45,480 --> 00:13:50,080 Speaker 2: thirty two trillion dollars in annual consumer spending and that's 227 00:13:50,160 --> 00:13:52,520 Speaker 2: a lot of purchasing power. That's according to them. I 228 00:13:52,559 --> 00:13:54,640 Speaker 2: didn't say that, and it's true though. I bet that 229 00:13:54,760 --> 00:14:00,920 Speaker 2: up and it continues in the US for eighty five 230 00:14:00,960 --> 00:14:04,480 Speaker 2: percent of all consumer spending, and they are responsible for 231 00:14:04,559 --> 00:14:08,880 Speaker 2: a growing number of highly significant buying decisions, including ninety 232 00:14:08,880 --> 00:14:11,959 Speaker 2: three percent of food and over the counter of pharmaceuticals, 233 00:14:12,240 --> 00:14:16,200 Speaker 2: ninety two percent of vacations, ninety one percent of new homes, 234 00:14:16,400 --> 00:14:19,080 Speaker 2: as well as eighty nine percent of bank accounts, eighty 235 00:14:19,120 --> 00:14:23,080 Speaker 2: percent of healthcare, sixty six percent of PCs, and sixty 236 00:14:23,120 --> 00:14:27,240 Speaker 2: five percent of new cars. I thought those percentages were 237 00:14:27,320 --> 00:14:30,080 Speaker 2: really really wild to me. I mean, the food thing, obviously, 238 00:14:30,320 --> 00:14:32,360 Speaker 2: but like when you come to the PCs and the 239 00:14:32,360 --> 00:14:35,080 Speaker 2: new cars, it was like huh. And even the new homes, 240 00:14:35,120 --> 00:14:36,760 Speaker 2: even though we did talk about the fact that more 241 00:14:36,760 --> 00:14:40,080 Speaker 2: women are buying homes. So businesses have caught on to 242 00:14:40,520 --> 00:14:44,160 Speaker 2: who they should be targeting as they work through on 243 00:14:44,240 --> 00:14:48,440 Speaker 2: how to become more profitable. Of course, they're also looking 244 00:14:48,440 --> 00:14:52,680 Speaker 2: at specific generations in their marketing as well. Gen ziers 245 00:14:52,720 --> 00:14:56,360 Speaker 2: have become more of a focal point recently, more so 246 00:14:56,440 --> 00:14:58,920 Speaker 2: than even the millennials, even though I think they have 247 00:14:59,040 --> 00:15:14,760 Speaker 2: the more and disposable income technically at this time. Of Course, 248 00:15:15,320 --> 00:15:18,600 Speaker 2: like any fad, though, things do go away and more 249 00:15:18,640 --> 00:15:21,160 Speaker 2: and more people are talking about their dislike now of 250 00:15:21,200 --> 00:15:24,280 Speaker 2: the Quenchers, even though they've done a good job in marketing. 251 00:15:25,200 --> 00:15:28,520 Speaker 2: Articles like The New York Post writes quote despite all 252 00:15:28,560 --> 00:15:31,800 Speaker 2: the Christmas presents. Though. Casey Lewis, a youth consumer trends 253 00:15:31,840 --> 00:15:35,920 Speaker 2: analyst who writes the newsletter After School, told Business Insider 254 00:15:36,040 --> 00:15:39,280 Speaker 2: that she thinks the hype is already dying down. They 255 00:15:39,320 --> 00:15:42,560 Speaker 2: are absolutely on their way out. This is peak Stanley, 256 00:15:42,600 --> 00:15:46,160 Speaker 2: she proclaimed. There's no up from here. Lewis noted that 257 00:15:46,200 --> 00:15:49,520 Speaker 2: most people receiving Stanley cups as presents or college age 258 00:15:49,520 --> 00:15:52,960 Speaker 2: and younger, but she sees the appeal fading away as 259 00:15:52,960 --> 00:15:56,400 Speaker 2: a trend plays out. In my experience, most trends start 260 00:15:56,400 --> 00:15:58,960 Speaker 2: with cool youth, and then once they trickle down to 261 00:15:59,280 --> 00:16:02,840 Speaker 2: younger kids and up to adults, the cool youth move on. 262 00:16:03,240 --> 00:16:06,520 Speaker 2: She explains, when young kids and tweens adopt a trend 263 00:16:06,640 --> 00:16:12,880 Speaker 2: or product, teens and older gen z distanced themselves. Don't 264 00:16:12,880 --> 00:16:15,160 Speaker 2: you feel so called out? You're like, well, Dale, I'm 265 00:16:15,240 --> 00:16:19,520 Speaker 2: killing a trend, okay, as well as the young as 266 00:16:19,520 --> 00:16:23,880 Speaker 2: they're killing the trend. Maybe then drunk elephant from Sephora 267 00:16:23,920 --> 00:16:27,000 Speaker 2: will die out to I don't know. Yeah, that's the 268 00:16:27,040 --> 00:16:28,800 Speaker 2: whole thing too, which is kind of part of the 269 00:16:29,120 --> 00:16:31,800 Speaker 2: conversation about the trends. And again when we talked about 270 00:16:31,800 --> 00:16:35,720 Speaker 2: self care stuff, what is what and who is being targeted? 271 00:16:35,920 --> 00:16:39,920 Speaker 2: This is a smart play, but in the smart place, yes, 272 00:16:39,960 --> 00:16:42,960 Speaker 2: it also means it could peak. When I was referencing 273 00:16:43,040 --> 00:16:46,600 Speaker 2: other hyped water bottles, I was talking about the hydro 274 00:16:46,680 --> 00:16:48,720 Speaker 2: flask which I just got, and I was like, oh, 275 00:16:48,800 --> 00:16:50,880 Speaker 2: nice things, I don't know anythink, But then it says 276 00:16:51,000 --> 00:16:53,240 Speaker 2: it was a dishwasher state. I was like, oh, well, 277 00:16:53,240 --> 00:16:56,600 Speaker 2: that's nice, and then last year I got a Yetti 278 00:16:57,240 --> 00:16:59,960 Speaker 2: coffee cup, which is also sandy and Yetti was huge, 279 00:17:00,040 --> 00:17:02,720 Speaker 2: huge for a hot minute too, but has now been 280 00:17:02,760 --> 00:17:08,240 Speaker 2: replaced by Stanley. It is also that off conversation which 281 00:17:08,280 --> 00:17:12,320 Speaker 2: I'm pretty much implying that this is also problematic products 282 00:17:12,400 --> 00:17:16,119 Speaker 2: like Stanley reusable cups, because the point of reusable cups 283 00:17:16,240 --> 00:17:20,399 Speaker 2: is having less but now there's more, to the point 284 00:17:20,400 --> 00:17:23,440 Speaker 2: that some of the TikTok videos that have gone viral 285 00:17:23,480 --> 00:17:30,000 Speaker 2: are women showing off their giant collection of cups walls 286 00:17:30,040 --> 00:17:32,960 Speaker 2: of Stanley's because you have the new additions, as in 287 00:17:33,200 --> 00:17:39,000 Speaker 2: recently Stanley released their Gallantines cup. Yeah, I didn't know 288 00:17:39,000 --> 00:17:41,600 Speaker 2: it's Gallantine. I feel like that's even more insulting than 289 00:17:41,760 --> 00:17:44,320 Speaker 2: just being Valentines, which I think the pink cups were 290 00:17:44,359 --> 00:17:47,720 Speaker 2: from Starbucks, which is a whole play on the fact 291 00:17:47,720 --> 00:17:50,640 Speaker 2: that they're being boycotted and there they were losing money, 292 00:17:50,720 --> 00:17:53,280 Speaker 2: so they're like, let's bring Stanley in. But yeah, so 293 00:17:53,480 --> 00:17:57,159 Speaker 2: having the Gallantines also, which is part of the reason 294 00:17:57,240 --> 00:18:01,280 Speaker 2: Target was run down by so many people, with people 295 00:18:01,320 --> 00:18:05,120 Speaker 2: sitting in line since one am for the following day 296 00:18:05,160 --> 00:18:09,159 Speaker 2: to open to get one of those cups. So a 297 00:18:09,160 --> 00:18:12,560 Speaker 2: lot of problematic things with that, but a smart play. 298 00:18:13,320 --> 00:18:16,160 Speaker 2: But you would hope that women would be the ones 299 00:18:16,200 --> 00:18:17,720 Speaker 2: that would be in charge of some of these things. 300 00:18:17,880 --> 00:18:18,359 Speaker 2: Who knows. 301 00:18:18,680 --> 00:18:22,679 Speaker 1: Yeah, Yeah, there's a lot of really interesting stuff that 302 00:18:22,720 --> 00:18:25,399 Speaker 1: we could talk about at a later time around this, 303 00:18:25,560 --> 00:18:30,000 Speaker 1: but it is it is funny at least with the 304 00:18:30,440 --> 00:18:32,480 Speaker 1: I don't know, because I did do the Beanie Babies thing. 305 00:18:32,480 --> 00:18:35,000 Speaker 1: There's like a scarcity thing that they do where they're like, 306 00:18:35,040 --> 00:18:38,800 Speaker 1: this is limited, you can only get it them, and then. 307 00:18:38,720 --> 00:18:39,680 Speaker 2: That's a huge ploy too. 308 00:18:39,720 --> 00:18:42,920 Speaker 1: Yeah, exactly, So I like I've seen I've done this. 309 00:18:44,600 --> 00:18:46,880 Speaker 1: I did it with the Beanie Babies, but like I've 310 00:18:46,880 --> 00:18:50,119 Speaker 1: seen friends do this too with brands they really like, 311 00:18:50,720 --> 00:18:52,760 Speaker 1: where it's like, oh, I have to get this one 312 00:18:53,080 --> 00:18:55,560 Speaker 1: because it's limited, and that's how you get like a 313 00:18:55,560 --> 00:18:58,040 Speaker 1: whole collection of them. And then maybe that trend fades 314 00:18:58,040 --> 00:18:59,520 Speaker 1: and you're like, well, now I have a whole cup 315 00:18:59,560 --> 00:19:01,200 Speaker 1: of beanie true. 316 00:19:02,920 --> 00:19:04,800 Speaker 2: Yeah, some of the people who were trying to sell someone, 317 00:19:04,800 --> 00:19:08,520 Speaker 2: they're like, oh no, they're worth two dollars. Yeah, and 318 00:19:08,560 --> 00:19:10,600 Speaker 2: some of them got big money. But it's like timing. 319 00:19:11,440 --> 00:19:14,600 Speaker 1: Yet sometimes it does come back. Yeah, I've recently have 320 00:19:14,640 --> 00:19:17,440 Speaker 1: been seeing a lot of stuff about there's apparently certain 321 00:19:17,520 --> 00:19:20,280 Speaker 1: versions of Disney VHSS that are worth a lot of money, 322 00:19:20,480 --> 00:19:24,600 Speaker 1: and a lot of video games, yeah, Superintendo video games, 323 00:19:25,000 --> 00:19:26,679 Speaker 1: and I think I have one of them, and I'm like, 324 00:19:28,160 --> 00:19:30,560 Speaker 1: i's not in the packaging. I would never get any money. 325 00:19:31,080 --> 00:19:33,080 Speaker 2: But anyway, that was the question was like, is it 326 00:19:33,119 --> 00:19:33,960 Speaker 2: still in the packaging? 327 00:19:34,200 --> 00:19:36,640 Speaker 1: It is not in the packaging, but I'm pretty sure 328 00:19:36,640 --> 00:19:37,639 Speaker 1: it's that copy. 329 00:19:38,400 --> 00:19:42,760 Speaker 2: Oh yeah, so it's interesting. Yeah, there's a lot. And 330 00:19:42,760 --> 00:19:44,960 Speaker 2: then the fact that I was more interested in the 331 00:19:45,000 --> 00:19:48,480 Speaker 2: fact that they companies like this, companies like YETI they 332 00:19:48,520 --> 00:19:52,600 Speaker 2: turned their marketing focus from men to women, and how 333 00:19:52,680 --> 00:19:57,080 Speaker 2: much of it, Like literally in three years four years, 334 00:19:57,520 --> 00:20:02,480 Speaker 2: Stanley made ten times more than they did like just 335 00:20:02,520 --> 00:20:04,080 Speaker 2: targeting with one cup. 336 00:20:04,800 --> 00:20:08,840 Speaker 1: Yep. It is pretty bizarre, especially given those other statistics 337 00:20:08,840 --> 00:20:13,320 Speaker 1: you used. You quoted about like how much spending power, 338 00:20:14,040 --> 00:20:16,320 Speaker 1: how much of the shopping women do that it's only 339 00:20:16,359 --> 00:20:19,560 Speaker 1: now that some companies are like, you know what, maybe 340 00:20:19,560 --> 00:20:20,200 Speaker 1: we should. 341 00:20:20,720 --> 00:20:25,320 Speaker 2: We should notice this, you women buy well, Like the 342 00:20:25,520 --> 00:20:29,359 Speaker 2: really sexist phrase women be shopping be like that was 343 00:20:29,359 --> 00:20:32,600 Speaker 2: said for a reason. It's not completely wrong, is it sexist? 344 00:20:32,880 --> 00:20:37,520 Speaker 2: Yet but also they they shop smarter, like that's the 345 00:20:37,600 --> 00:20:40,399 Speaker 2: other key point. And yeah, one of the articles that 346 00:20:40,640 --> 00:20:42,760 Speaker 2: the reason we that went to hear outside of just 347 00:20:42,960 --> 00:20:46,600 Speaker 2: like why is everybody loving the Stanley Cup was that 348 00:20:46,640 --> 00:20:50,159 Speaker 2: they were seeing that statistic that eighty five percent of 349 00:20:50,240 --> 00:20:54,640 Speaker 2: consuming came from women and then not adding the fact that, yeah, 350 00:20:55,359 --> 00:20:58,520 Speaker 2: three percent of the shopping for food is done by women. 351 00:20:58,800 --> 00:21:02,920 Speaker 2: So of course that's where the like little numbers go, 352 00:21:03,280 --> 00:21:04,760 Speaker 2: but no one wants to talk about that and who 353 00:21:04,880 --> 00:21:07,040 Speaker 2: is responsible for the household. 354 00:21:08,119 --> 00:21:11,880 Speaker 1: Or like something like holiday gifts. Exactly yes, because I've 355 00:21:11,920 --> 00:21:16,080 Speaker 1: definitely seen my mom try to figure out getting my 356 00:21:16,200 --> 00:21:19,320 Speaker 1: brother a laptop and it wasn't for her, but she 357 00:21:19,520 --> 00:21:22,480 Speaker 1: was trying to, like what's the best thing, school stuff, 358 00:21:22,600 --> 00:21:27,640 Speaker 1: any of those exactly exactly. Well, I learned so much. 359 00:21:27,680 --> 00:21:29,120 Speaker 1: I really thought we were gonna be talking about hockey. 360 00:21:29,320 --> 00:21:38,919 Speaker 1: So funny. Maybe later, maybe later, but yes, in the meantime, 361 00:21:39,000 --> 00:21:41,119 Speaker 1: if we ever do that, listeners, please let us know 362 00:21:41,160 --> 00:21:44,280 Speaker 1: if you have any thoughts about this, let me know 363 00:21:44,320 --> 00:21:46,200 Speaker 1: if you're like me, thought it was gonna be hockey 364 00:21:46,560 --> 00:21:50,000 Speaker 1: just right in. You can email us a stuffany mom 365 00:21:50,080 --> 00:21:52,320 Speaker 1: stuff at iHeartMedia dot com. You find us on Twitter 366 00:21:52,359 --> 00:21:54,520 Speaker 1: at Master Podcast or in instagrament TikTok at stuff one. 367 00:21:54,560 --> 00:21:56,280 Speaker 1: Never told you you have a tea public store and 368 00:21:56,320 --> 00:21:57,800 Speaker 1: we have a book you can get wherever you get 369 00:21:57,800 --> 00:22:00,000 Speaker 1: your books. Thanks so always to our super producer Christine, 370 00:22:00,000 --> 00:22:02,040 Speaker 1: their executive producer Maya, and their contributor Joey. 371 00:22:02,119 --> 00:22:03,720 Speaker 2: Thank you and thanks to you for listening. 372 00:22:03,880 --> 00:22:06,119 Speaker 1: Stefan ever toil Dose Prediction of iHeartRadio. For more podcasts 373 00:22:06,119 --> 00:22:07,399 Speaker 1: from My Heart Radio, you can check out the art 374 00:22:07,480 --> 00:22:09,520 Speaker 1: radio app Apple Podcasts, orhere you listen to your favorite 375 00:22:09,520 --> 00:22:09,879 Speaker 1: shows