Marketing Malpractice
Overview
Analytical and research-based approaches to solving marketing problems.
Presented by:
Larry Vincent,
Professor of the Practice of Marketing
Presented to:
GSBA 509
September 8, 2026
I see you clickbaiting me into feedback, lol.
The mix of engaging class discussions and presentation feels just about right. I think we’re all able to digest the course readings and in-class lectures effectively in an open environment where we can then apply the learnings with examples and case discussions.
I know we were in a rush at the end of the last class, but when numbers become involved (calculations) is when people get the most confused. So allowing more time to talk through these calculations (the first time they are introduced), even if they are simple, would be great!
Smile, damnit!
“…if a shopper comes within 10 feet of you, then make sure you smile, make eye contact and greet or wave. If they come closer–within four feet–ask whether they need help or how their day is going.”
Return on Investment
The real problem
“Shoppers are falling out of love with Target.
Customers have long bragged about their cheap-chic Target purchases. Now, many are griping about items missing on shelves, long checkout lines and products locked up to prevent theft.”
Competitive employment
What job is Target hired to do?
Choosing your wedge
Funding advantage
Trying to win it all
What Costco chooses to do poorly
- Accessibility–You can’t shop there without paying a fee
- Product Selection–4,000 SKUs vs Walmart’s 100,000+ and no single-serve items
- Convenience–Warehouse locations, limited online options
- Shopping experience–long checkout lines, warehouse chic (not)
Private labels: Costco’s wedge
- Kirkland brand now ~25% of sales
- Often better than name brands
- For many, the reason to become a member
Why worst matters
- Being WORST at accessibility → Creates EXCLUSIVE ACCESS
- Being WORST at selection → Enables KIRKLAND DOMINANCE
- Being WORST at Convenience → Enables curated QUALITY
- Being WORST at Instant Gratification → Enables TRUST
The legend of Kirkland
- Kirkland vodka rumored to actually be Grey Goose
- Kirkland batteries = Duracell quality tests
- Kirkland olive oil has won taste competitions
- Kirkland golf balls have become preferred brand for many scratch golfers
This exists in a vacuum
Market reality
Competitors engineer their own value proposition
And this effects market size
I have lots of thoughts on this…
Shameless plug to read my analysis of Target’s “Smile Policy” on The Findings Report (www.findingsreport.com)
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