Well, I'm in Australia and haven't seen a single Apple Watch ad yet...I haven't seen a single one yet.![]()
Yep.
Apple will make at least $28 million in the first day of Apple Watch sales.
Or more. Probably a lot more.
They need to build up the hype because its mediocre![]()
Revenue likely. Profit in this segment? It will take some time and also depend on the Edition watch...
Apple would have to sell 110,000 38mm Sport watches to equal $38 million in revenue.
And while the Edition Watch is highly profitable... it will be sold in much lower volume compared to the other models. I don't think Apple is counting on the Edition to make the bulk of their money.
28 mil? that's pocket change to them.
I've worked in advertising for the last 15 years - I know a thing or two. My point was, this launch will be different from the others. Normal/average people aren't interested in the watch, just the Apple faithful who were going to buy it anyway.
Perhaps I should have just said "Waste of money"
Someone at work said the ad made them really want the watch. She's not one of the 'Apple faithful'.
You have to think about R&D efforts before speaking about profit. I guess they're even higher than for the original iPhone.
to be fair--the iphone was a once in a generation paradigm shifting product that was released onto a maturing itunes ecosystem. Perfect storm. The smart watch is funky accessory that offers little promise for ecosystem synergy. In light of yesterday's reviews, Tim Cook's hyperbolic apple watch statements
seem delusional.
Found this little gem:
Schiller, discussing the iPhone, said Apple decided not to pay for any advertising during a brief period after the device was introduced in January 2007 and when it went on sale later in the year.
"We didn't need to," Schiller said. He read from several rave reviews of the iPhone and iPad, explaining that such stories did a better job than advertising to build buzz.
http://www.huffingtonpost.com/2012/08/06/apple-marketing-secret-phil-schiller_n_1749313.html
So, what changed?
I don't see how this is any different than any other new product launch from Apple. With cutting edge products your target audience is always the enthusiasts/early adopters but you still need to get the word out and educate the masses.
And if average people aren't interested as you say, then doesn't it make that much more sense to increase frequency and reach with more ad buys not less? I'm not sure I understand your logic.