Happy 4th of July weekend to those of you celebrating in the US and welcome back to another #SundayMusings where this week’s focus will be on wearables! Wearables are beginning to build traction with consumers, well beyond what I tend to consider the starting point of fitness programs and apps. Let’s take a look at some of the better write-ups I’ve found over the past few weeks that revolve around wearables.
#1 – “Why Wearable Technology Matters in 2014” – via Likeable.com
Premise: The wearables market is expected to double in 2014 to exceed $1.5 billion, according to Juniper Research. This presents new ways for brands to interact with consumers in varying ways. The author provides three reasons why wearables should be considered in your marketing plan moving forward.
Thoughts: Three very straightforward reasons are provided and I agree with all of them. First and foremost, to me at least, is the ability to get ahead of competition. There are a handful of major players in the space right now, but that’s it. Are you a brand struggling to turn around your archaic image? Looking for a way to become seen as a modern, innovative brand or company? You may want to consider how you can get involved in wearables.
One brand that comes to mind immediately is Radio Shack. You may remember their ad during the Super Bowl (below as well). The ad was intended to move the company’s image out of the 1980’s and into the present. Wearables might be a market worth diving into to try to continue moving the pendulum. [Read more…]