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Nostalgia Marketing

           Overview
Definition
 • The term nostalgia describes a yearning for the
   past, often in idealized form. Source: en.wikipedia.org/wiki/Nostalgia
 • A Standard Life study suggests 28 to 40-year-olds
   don't plan for the future because they prefer to
   reminisce about past times. Yet experts say
   nostalgia can give meaning to our seemingly dull
   lives.
 • This represents a huge marketing opportunity in
   nostalgic products and services.
A Nostalgia ‘Workout’
 • List your cherished memories
 • Find photos or mementos from happy times
 • Close your eyes and think about what is outside
   the "picture frame" to conjure subtle details
 • Reminiscing with people from your past
   strengthens relationships
 • Take mental snapshots and save mementos of
   happy times for future nostalgia

 Source: Psychology Today
Key Facts
 • Businesses and advertisers have known for years
   that nostalgia sells, that the products popular
   during a person's youth will influence their buying
   habits throughout their lifetime.
 • "But they didn't know why, and they perhaps didn't
   care - that was their endgame, to figure out how to
   sell things," says psychologist Clay Routledge, of
   North Dakota State University.
Key Facts
 • In recent years, psychologists have been trying to
   analyse the powerful and enduring appeal of our
   own past - what Mr Routledge calls the
   "psychological underpinnings of nostalgia".
 • "Why does it matter? Why would a 40-year-old
   man care about a car he drove when he was 18?"
   he asks. It matters, quite simply, because
   nostalgia makes us feel good.
 • Nostalgia pervades cars, music, fashion and IT
   products.
Nostalgia - Cars
Nostalgia - Music
 •   Past Perfect Vintage music is an
     independent record label founded in
     1993. They remaster original 78
     rpm records; old music with the
     characteristic crackle removed; and
     then produce them for a new life on
     CDs, MP3 players, iPods, media
     cards and USB flash drives.
 •   They have only 50 albums of the
     most popular music from the 1920s,
     30s and 40s. From classic jazz and
     swing, to amazing big bands and
     dance bands, and French chansons
     and vintage love songs.               Roaring 20s Memorabilia Pack
                                           A replica pack containing quality reproduced paper
                                           memorabilia. Perfect for themed parties along with our
                                           1920s music CDs - Fascinating Rhythm and Charleston.
Nostalgia - Fashion
 • Fashion looks to the past
   for inspiration, but in the
   late 1960s and through the
   1970s, fashion was
   inspired by a nostalgic
   view and perception of the
   1920s through the 1940s.
Nostalgia - Technology
 •   The vintage Commodore 64
     personal computer is getting a
     makeover in 2011, with a new
     design and some of the latest
     computing technologies, as the
     brand gets primed for a comeback.
 •   The Commodore 64 was a home
     computer running on an 8-bit
     processor released by Commodore
     International in 1982. The computer
     was one of the most popular models
     of all time, selling close to 17 million
     units between 1982 and 1994,
     according to the Computer History
     Museum.
You are welcome to contact Nigel Bairstow at B2B
Whiteboard your source of B2B Asia / Pacific
marketing advice

http://www.linkedin.com/pub/nigel-bairstow/6/41b/726

http://twitter.com/#!/b2bwhiteboard
Nostalgia Experiments
 • In one experiment, the participants played a ball-tossing game on a
   computer in which some people were excluded soon after beginning.
 • "Those people who were excluded after just a couple of ball tosses not
   only said that feeling like they belong is more important to them than
   people who were not excluded did, but they also chose more nostalgic
   than contemporary products in a variety of categories, including
   movies, TV shows, food brands, cars, and even shower gel," the
   authors write.
 • In a final experiment, the authors discovered that when participants
   were excluded (from the same ball game as in the previous
   experiments) they not only felt a higher need to belong, but their need
   to belong was "cured" by eating a "nostalgic cookie" -- a brand that had
   been popular in the past.

 Source: Katherine E. Loveland, Dirk. Smeesters, and Naomi Mandel.Still
 Preoccupied with 1995: The Need to Belong and Preference for Nostalgic
 Products. Journal of Consumer Research:, October 2010

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Nostalgia Marketing

  • 2. Definition • The term nostalgia describes a yearning for the past, often in idealized form. Source: en.wikipedia.org/wiki/Nostalgia • A Standard Life study suggests 28 to 40-year-olds don't plan for the future because they prefer to reminisce about past times. Yet experts say nostalgia can give meaning to our seemingly dull lives. • This represents a huge marketing opportunity in nostalgic products and services.
  • 3. A Nostalgia ‘Workout’ • List your cherished memories • Find photos or mementos from happy times • Close your eyes and think about what is outside the "picture frame" to conjure subtle details • Reminiscing with people from your past strengthens relationships • Take mental snapshots and save mementos of happy times for future nostalgia Source: Psychology Today
  • 4. Key Facts • Businesses and advertisers have known for years that nostalgia sells, that the products popular during a person's youth will influence their buying habits throughout their lifetime. • "But they didn't know why, and they perhaps didn't care - that was their endgame, to figure out how to sell things," says psychologist Clay Routledge, of North Dakota State University.
  • 5. Key Facts • In recent years, psychologists have been trying to analyse the powerful and enduring appeal of our own past - what Mr Routledge calls the "psychological underpinnings of nostalgia". • "Why does it matter? Why would a 40-year-old man care about a car he drove when he was 18?" he asks. It matters, quite simply, because nostalgia makes us feel good. • Nostalgia pervades cars, music, fashion and IT products.
  • 7. Nostalgia - Music • Past Perfect Vintage music is an independent record label founded in 1993. They remaster original 78 rpm records; old music with the characteristic crackle removed; and then produce them for a new life on CDs, MP3 players, iPods, media cards and USB flash drives. • They have only 50 albums of the most popular music from the 1920s, 30s and 40s. From classic jazz and swing, to amazing big bands and dance bands, and French chansons and vintage love songs. Roaring 20s Memorabilia Pack A replica pack containing quality reproduced paper memorabilia. Perfect for themed parties along with our 1920s music CDs - Fascinating Rhythm and Charleston.
  • 8. Nostalgia - Fashion • Fashion looks to the past for inspiration, but in the late 1960s and through the 1970s, fashion was inspired by a nostalgic view and perception of the 1920s through the 1940s.
  • 9. Nostalgia - Technology • The vintage Commodore 64 personal computer is getting a makeover in 2011, with a new design and some of the latest computing technologies, as the brand gets primed for a comeback. • The Commodore 64 was a home computer running on an 8-bit processor released by Commodore International in 1982. The computer was one of the most popular models of all time, selling close to 17 million units between 1982 and 1994, according to the Computer History Museum.
  • 10. You are welcome to contact Nigel Bairstow at B2B Whiteboard your source of B2B Asia / Pacific marketing advice http://www.linkedin.com/pub/nigel-bairstow/6/41b/726 http://twitter.com/#!/b2bwhiteboard
  • 11. Nostalgia Experiments • In one experiment, the participants played a ball-tossing game on a computer in which some people were excluded soon after beginning. • "Those people who were excluded after just a couple of ball tosses not only said that feeling like they belong is more important to them than people who were not excluded did, but they also chose more nostalgic than contemporary products in a variety of categories, including movies, TV shows, food brands, cars, and even shower gel," the authors write. • In a final experiment, the authors discovered that when participants were excluded (from the same ball game as in the previous experiments) they not only felt a higher need to belong, but their need to belong was "cured" by eating a "nostalgic cookie" -- a brand that had been popular in the past. Source: Katherine E. Loveland, Dirk. Smeesters, and Naomi Mandel.Still Preoccupied with 1995: The Need to Belong and Preference for Nostalgic Products. Journal of Consumer Research:, October 2010