AVE (or Ad Value Equivalency) has long been recognized as an inaccurate measure of the value of a brand's message in the mainstream media. No one likes it, except a few executives who perhaps see it as an easy way to boil it all down to a simple dollar amount. But yet, it persists.
My colleague, Matt Donanhue, has a good post today on the topic.
Friday, February 12, 2010
Why Won't AVE die?
Wednesday, February 10, 2010
Inspired by a blizzard
The following isn't about text mining. But if' you're monitoring social media, Big Box Retailers, read on...
The best snow shovel I've ever used is one that's older than me. It's a steel blade pusher style which I rescued from my parents' house when my father died and replaced the handle on twice because I knew it would be hard to find another like it. No shovel I've ever used clears the ground so well.
Do they still make 'em like this? Perhaps, but it sure isn't easy to find one. You can easily find this "style" but not this quality. The aluminum and plastic ones they make don't work as well when they're new than the 40-year-old one I have.
And this isn't just about shovels. It's about faucets and screw drivers and drills and on and on.
The ones Home Depot and Lowe's stock are cheap to buy and practically disposable. I would gladly pay double or triple the price of an item if I knew it would last. But it seems retailers are convinced we want cheap, and are not willing to pay for high quality. Let's keep shipping poor-quality goods thousands of miles, toss them in land fills and buy more next year.