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MONDAY MORNING QUARTERBACK DIGEST #28

October 1, 2018

Monday Morning Quarterback Marketing Digest. Happy October. Here’s some marketing and research thoughts for the week. Email me (Mark@dennettgroup.com) if you need more info on any subject.

NEW TRAVEL WEBSITE STUDY IS LAUNCHING – Our 5th Annual Destination Website Research Study ended yesterday. I want to thank all our research partners that participated and are now joining us for our next study that will launch this month. If you want to discover why people come to your website, what website info has the most value, and if online visitors will become real visitors (economic impact of your website), there is still time to join our 2018-2019 6th Annual Study. Contact me ASAP.

EVERYONE IS DOING IT – Dunkin’ Donuts just dropped “Donuts” from its name. Executives said they reached this decision after testing the shorter name, adding that the rebrand is aimed at honing the company’s focus on coffee amid increasing competition. Weight Watchers also announced a rebranding to “WW” as it shifts its focus away from dieting and more toward wellness. WW spent decades building its reputation as “the world’s leading provider of weight management services,” so their new focus on wellness has been met with some skepticism. Yes, rebrands can be traumatic for consumers. Are you thinking of a rebrand? Let us conduct some market research for you to make sure you get it right.

MOST OF US WORK – Only 11 million U.S. parents – or 18% – were not working outside the home in 2016. The stay-at-home share of U.S. parents was almost identical to what it was in 1989, but there has been a modest increase among fathers.

SOME OF US ARE MAKING MORE MONEY – Median household income climbed to $61,372 in 2017, according to the Census Bureau’s Current Population Survey. This is 1.8% higher than the 2016 median, after adjusting for inflation. But not all age groups made gains. The Householders under age 25 saw their median household income fall by 5.8%. Householders aged 25 to 34 struggled to keep up, their income rising just 0.1%. Most of the gains were from older age groups. Happy to share all the details, email me.

A NO GROWTH MARKET – Adults who say they use the internet, social media, own a smartphone or tablet are nearly identical to the shares who said so in 2016. Why? Parts of the population (people under 50) have reached near-saturation levels of adoption.

FACEBOOK UPDATE – Last week the company revealed that hackers had managed to gain access to nearly 50 million accounts. This attack looks to be its largest-ever security breach. Speaking of Facebook, our friends over at Raving Consulting (Reno) had some excellent tips in their newsletter (thanks Justin Shank) on using Facebook advertising. Contact me and I will be happy to share.

ENTHUSIASTIC VOTERS COMING – A survey by Pew Research Center finds voter enthusiasm is at its highest level for a midterm in more than two decades. A record share of registered voters – 72% – say the issue of which party controls Congress will be a factor. A majority (60%) view the midterm vote also as a vote on Trump – more saying their vote will be “against” Trump (37%) than “for” him (23%).

Ok, see you all next week. Enjoy the Fall weather – nice in Oregon.

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