COMMENT IN MY OPINION
From the reaction across the industry last month, I was not alone in
experiencing a twinge of sadness at the news that Thomas Cook was to wind up the Club 18-30 brand at the end of last month. The days following the revelation saw
a mass break-out of nostalgia across the trade, as people affectionately recalled their experiences of the brand, be it as an employee or customer. And there is no doubt that, in
its heyday, Club 18-30 was a game changer, an iconic travel brand and a hugely successful operator. The question to be asked, of course, is why could Thomas Cook not find a buyer for such a household name?
Oldest rule in marketing The demise of Club 18-30’s fortunes is down to the brand not abiding by one of the oldest rules in marketing. And its demise is a lesson, and a warning, for every travel business today – be it tour operator or agent. As a young marketing student, I
remember a lecturer discussing with our class a quote by Charles Darwin, the English naturalist: “It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change that survives and thrives.” And that was Club 18-30’s problem. It didn’t adapt to changing times. It is a creature of a different era – and that era is long gone. Marketing history is littered with
brands that were, at one time, behemoths, straddling their sectors,
Grow up and
evolve or go the way of Club 18-30
Brands must be prepared to adapt to customers’ changing appetites
STEVE DUNNE
CHIEF EXECUTIVE, DIGITAL DRUMS
almost unassailable in their market positions, but today are, at best, a shadow of what they were and, at worst, no longer around: Blockbuster, Polaroid, Kodak, BlackBerry, Nokia, Myspace. The list is endless but the reason for their demise consistent: they did not adapt to the changing environment.
Changing target audience The target audience of Club 18-30 has changed behaviour dramatically since the high point of the brand in the 1990s. A recent report by the Office for
National Statistics shows that more than a quarter of today’s 16 to 24-year-olds do not drink, compared with just over a fifth of the broader adult population. Another report to cross my desk, from
Mintel, claims nightclub attendance in the UK has dropped by 21% in five years. No brand is immune from a constantly changing market. Google and Facebook, the giants of the digital age, it could be argued, are no longer the innovators
they were a decade ago. Indeed, today they are more like Ford and General Motors, buying innovation rather than driving it. The story of Club 18-30 is one
worth noting for every travel brand. Your customers’ motivations, needs and interests change over time. The customer is in a constant state of evolution and any travel brand that doesn’t keep its finger on the pulse of the market and doesn’t continually innovate and move with the market is destined to be left behind. As a brand, or a business, you may be all-conquering today, but keep a weather eye on the customer and be prepared to adapt.
As the adage goes: “The only
constant in life is change.” And the smart brands know that.
READ MORE COLUMNS BY STEVE DUNNE:
GO.TRAVELWEEKLY.CO.UK/COMMENT
44
travelweekly.co.uk 1 November 2018
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96