How to Give 2 Weeks Notice… and Survive After!

We’ve all been there.  You hate your job, you give notice, but in the spirit of not burning all of your bridges you stay on a week or two before you are actually done.  What can you do to survive the few last days???  Here are a few tips:

  1. Surf the Internet! Now is not the time to focus on why exactly you are leaving your job (though you certainly have your reasons), and the whole point of staying for a week or two was to maintain your positive image with the company.  So stay distracted and surf the Internet a lot!  Catch up on current events like presidential elections and the Olympics.  Do all that on-line shopping you were meaning to.  Find funny articles to tell your co-workers about, which leads us to….Office space quit your job
  1. Network with soon-to-be former colleagues. This can range from lunches cementing ties, to taking one last stab at building connections, to stopping by people’s desks to chat.  Who knows when you will need to reach out to people for information, a job a their new company, or just to say hello.  Sure management might see it as wasting the time of employees who are not leaving, but you are just reinforcing your impression of a wonderful person who just happens to be leaving the company.
  1. Re-brand your image on social media. Howcast made a great tutorial on how clean up your Facebook profile for potential employers:

    Now is the perfect time to take all of those pictures of you drinking in collage off your Facebook page!  Or at least lock that down, and beef up your LinkedIn profile.  Potential employers are going to be Googling your name and taking notes on how you present yourself to the world.  So take some time to think through how you want to be seen.  For more tips on re-branding yourself see this article on the Huffington Post.  All of your deep thoughts about re-branding your image will naturally lead to…

  1. Plan your career. Most people are reactive to their careers, accepting the first job offer that comes along.  Not you!  Now is the time to create a long-term plan career plan and execute it.  Maybe you have wanted to get further education, like an MBA degree, to help your career.  Or you know where you want to be in 10 years, and it is miles away from where you are now.  These last couple of weeks are the perfect time to dream big, and start thinking how you can accomplish your goals.
  1. Do some actual work. I know, it sucks.  But you still have to do your job to maintain the positive perceptions of those around you.  Your intent was to be professional, so make sure you are passing along information, training other employees on tasks only you know, and (generally) being a good employee.  It may be like pulling teeth in the last days at your job.  But a good reference from former employers who have worked with you is worth its weight in gold.  So do the smart thing and get some work done!

Now that you’ve survived the last two weeks…It’s time to start looking for your next job. Start with something simple: Mastering the Informational Interview.

And if you’re still having trouble surviving…Try Pokemon GO at work!

Steph Curry and Kevin Durant Can Play on the Same Team and Still Sell Sneakers

Currently, one of the biggest sports news stories is Kevin Durant’s decision to leave the Oklahoma City Thunder and join the Golden State Warriors. The Warriors, coming off a record setting 73-win season, just added one of the best 5 players in the NBA to already stacked roster.

KD
Art: Bailey Brautigan, Forbes http://www.forbes.com/sites/kurtbadenhausen/2016/02/14/the-nbas-endorsement-all-stars-2016/#2db05ded5096

Durant just signed a maximum contract with the warriors worth $54.3 million for two years. Durant also makes an amazing amount of money off the court: $36 million a year in endorsements. In 2014 he signed a 10-year deal with Nike to create a signature shoe worth about $300 million. Nike pitched to Steph Curry in 2013, but funny enough, they forgot to change the name of the presentation from Kevin Durant. Curry’s father Dell was quoted by ESPN talking about that Nike pitch meeting:

“I stopped paying attention after that… They have certain tiers of athletes. They have Kobe, LeBron and Durant, who were their three main guys. If he signed back with them, we’re on that second tier.” (Strauss, 2015)

Nike offered Curry less than $4 million a year. Curry signed with Under Armour (UA) and his signature shoe became the bestselling signature shoe other than Michael Jordan (Strauss, 2015). Curry has also signed many endorsement deals Including JBL, Brita, and Degree. His off the court earnings topped $12 million for the last season (Badenhausen, 2016).

Curry
Art: Bailey Brautigan, Forbes http://www.forbes.com/sites/kurtbadenhausen/2016/02/14/the-nbas-endorsement-all-stars-2016/#2db05ded5096

Basically immediately after the news of Kevin Durant signing with the Golden State Warriors, speculation on how it would affect their shoe endorsement’s started flying.  For example, Yahoo NBA insider Adrian Wojnarowski tweeted:

I’m going to argue this isn’t true. The KDs and SCs operate in separate spheres, appealing to different segments, and are going to work together to sell a lot of sneakers and make a lot of money. The signature market can be broken into four segments by how they use basketball shoes.

User Segment:

  • Functional
    • Care about the function use of the shoes to play basketball
  • Everyday Wearers
    • Want a shoe that they can wear all the time
  • Fashion
    • Fashion forward, wear the shoes for mainly for looks and brand
  • Collectors
    • Buy lots of shoes, first releases are important, not concerned with functionality

To analyze the difference in marketing strategy from Nike and UA, let’s look at the most recent release of each player’s signature shoes: KD 9s, and Curry 2s.

Looking at Nike’s strategy for the KD 9s, they are targeting primarily functional adult users. Watch the ad Nike released July 1st 2016:

The ad shows Durant driving to the basket making defenders turn to smoke. The purpose of the ad is to try and convey how the KD 9s will help you on the court. How the shoes will make you better as a player. Wearing the KD 9s isn’t necessarily about the “KD” on the back. Nike is creating shoes that are designed by Durant to be great basketball shoes. The other video released on Nike Basketball’s YouTube page to promote the KD 9s was just a discussion between Durant and the shoe’s designer, Leo Chang. Their conversation is mainly about the functionality of the shoe and its features

In contrast UA’s approach is not about the shoe’s functionality. They market the Curry 2s only based on the brand associated with Curry’s popularity and skill. The message is more: “if you like Curry, you’ll like these shoes.”

While the first KD 9 ad had no talking, the first Curry 2 ad starred Jamie Foxx narrating as Curry shoots jumpers. He talks about how Curry changed the game of basketball. There is no mention of what makes the shoes better. No features, no claims of basketball success attributed to the shoes. Just Curry being Curry. Curry’s other breakout ad was titled “Rule Yourself.”

It depicts 1000s of Steph Curry clones practicing dribbling and ends with the tag line “You are the sum of all your training.” Again, this is a very person-centric, not a shoe-centric ad. It is about work ethic and how you as an individual have control over your destiny. UA is primarily targeting Everyday Wearers. They are trying to convince people to buy Curry 2s to look and be like Curry.

This is also apparent in how they price the shoes. KD 9s start at $150, Curry 2s are $130. UA has consistently kept Curry’s signature shoe at a lower price than many of the other signature shoes. They are targeting an audience that is buying shoes for everyday use. These consumers are budget conscious. Nike is trying to sell people on the KD 9’s functional ability. These users, if they think the shoe will be the best for them to play basketball in, will pay extra for this advantage.

Because Nike and UA are targeting very different consumers with their shoes, I wouldn’t expect a lot of cannibalization between the two. Durant moving from OKC, a small market team, to Golden State, a big market team, will probably help him increase sales. When Carmello Anthony moved from Denver to New York City he saw a jump in sales (Powell, 2016). Basketball success also helps drive revenue, and the Warriors this year have a very good chance of being good. The top 5 bestselling jerseys in the NBA last year, 4 where in the finals this year: Curry, James, Bryant, Irving, Thompson. Although Curry’s Under Armour shoes are selling like crazy, remember Nike still rules the NBA. Until Under Armour can get a few more marquee signers, it is unlikely that his success will dampen the Nike who has 75% of all NBA players under contract.

Sources:

Badenhausen, K. (2016, February 2). NBA Endorsement All-Stars. Forbes.

http://www.forbes.com/sites/kurtbadenhausen/2016/02/14/the-nbas-endorsement-all-stars-2016/#2db05ded5096

Powell, M. (2016). Sneakernomics: What Kevin Durant to the Warriors Really Means for the Sneaker Business. Maine: NPD.  https://www.npd.com/wps/portal/npd/us/blog/2016/sneakernomics-what-kevin-durant-to-the-warriors-really-means-for-the-sneaker-business/

Strauss, E. S. (2015, October 7). You won’t believe how Nike lost Steph to Under Armour. ESPN.

http://espn.go.com/nba/story/_/id/15047018/how-nike-lost-stephen-curry-armour

Top 7 Ways to Enjoy Beer Festivals Like a Lady

Get your waterproof mascara ready, it is beerfest season! With the Oregon Brewer’s Festival around the corner (and many more), we’ve got you covered.

Here are our tips for getting the most out of your beer festival experience.

  1. Get your leg day in with squats over the porta potty. Because you won’t want to sit down.
  2. Come prepared-with to-go tissue.
  3. Be ready for the long lines.
  4. Make a plan for the inevitable beer fumble. Bust out the good ol’ bend and snap.
  5. Feeling embarrassed? There is always more beer.
  6. Don’t get paralyzed by too much variety.
  7. Take a cab, don’t drink and drive.