Thursday, February 14, 2013

Name-brand or generic? Your political ideology might influence your choice

Feb. 12, 2013 ? Conservatives and liberals don't just differ when it comes to politics, they may also make different purchases at the grocery store, according to new research published in Psychological Science, a journal of the Association for Psychological Science.

Psychological research has shown that conservatives and liberals differ on basic personality traits such as conscientiousness, tolerance for uncertainty, and openness to new experience. Researcher Vishal Singh of New York University Stern School of Business and colleagues hypothesized that the conservative tendency to prefer tradition and convention would be reflected in conservatives' purchasing behavior, leading them to choose established name-brand products over generic brands or new products.

The researchers analyzed weekly sales data from over 1,800 supermarkets in counties across the United States, spanning the years from 2001 to 2006. Using data on voting history and religiosity -- factors that are independently correlated with conservative values -- they were able to determine the level of conservatism in each county.

After accounting for factors such as income and education, the researchers found that the market share for a wide variety of generic products was lower in more conservative counties than in more liberal counties. Similarly, uptake of newly launched products was systematically lower in more conservative counties. These data suggest that conservative ideology may be associated with reliance on established national brands.

"These tendencies are consistent with traits typically associated with conservatism, such as aversion to risk, skepticism about new experiences, and a general preference for tradition, convention, and the status quo," Singh and colleagues write.

According to the researchers, this research provides the first evidence for a relationship between political affiliation and buying behavior, suggesting that ideological differences are reflected in daily behavior, even at the unconscious level.

Along with Singh, authors include Romana Khan of the Graduate School of Business at Ozyegin University and Kanishka Misra of the Stephen M. Ross School of Business at the University of Michigan.

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The above story is reprinted from materials provided by Association for Psychological Science.

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Journal Reference:

  1. R. Khan, K. Misra, V. Singh. Ideology and Brand Consumption. Psychological Science, 2013; DOI: 10.1177/0956797612457379

Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/mind_brain/consumer_behavior/~3/xCywC82GbDI/130212131953.htm

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Pebble CEO, Eric Migicovsky confident on ability to compete, tight-lipped on Apple approach

Eric Migicovsky Pebble

If there?s one product that highlights the awesomeness of crowd-funded projects, it?s Pebble. The connected smart watch launched on KickStarter to much hype and praise, raised a ton of cash and finally started shipping at the end of last month. In fact, it?s so popular, they?re still catching up with KickStarter backer orders. In short ? it?s the ?poster child? of the smart watch industry.

The company?s CEO, Eric Migicovsky, took part in an interview with CNBC, in which he responded to many questions. ?One topic was whether or not his company could still compete with the big guns once they get in on the act. For instance, if Apple decided to launch a similar device, could Pebble stand a chance?

?I think what?s going on in the smartphone space right now is we are seeing more and more devices work with the smartphone. With the massive market share that Apple has on the smartphone side, seeing other devices connect to the smartphone ? almost as like a central part of connection to the Internet ? I think it?s a pretty big opportunity.?

This inevitably led to questions around a possible buy-out by Apple. Mostly fueled by Tim Cook?s comments on his company?s rate of buying up small companies with huge potential, averaging around one each month. A cool??I can?t comment on anything like that, unfortunately? was his reply.?

Should we read anything in to it? Probably not. But I can?t help but wonder if the typical ?no comment = yes? rule applies here. If the answer is ?no?, that?s normally the spoken response. Companies are a lot more coy when the possibility has been discussed.?That said, with Pebble being such an open-sourced platform for developers, I can?t see how Apple could possibly seek to incorporate it in to its business without changing the philosophy of the product.

What do you think? Should Apple buy Pebble, or just compete with it? Leave your thoughts below, or tweet @TiP_Cam

Source: CNBC
Via: AppleInsider

Source: http://www.todaysiphone.com/2013/02/pebble-ceo-eric-migicovsky-confident-on-ability-to-compete-tight-lipped-on-apple-approach/

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Thursday, February 7, 2013

Essential Residential Demolition Equipment - Dumpster Rentals NJ

Last updated 10 hours ago

Do you have an old pool that never gets used and is spoiling your backyard landscaping? Maybe you want to tear down your aging garage to make way for a home addition you?ve been dreaming of. No matter what home improvement project you have in mind, the proper demolition equipment is essential to your success. Whether you have construction experience and will be tackling this project yourself with rented equipment or you have hired a renovation specialist to help you with the task, there are a handful of items you will need to effectively and efficiently get the job done.

Power and Hand Tools

Breaking down concrete and aggregate building materials obviously requires more than a little elbow grease. For most building demolition projects, you will need to rent or buy a concrete pulverizer. Hydraulic-powered saws, drills, crowbars, and other equipment may also be helpful, depending on the nature of your project. Necessary tools that you probably have on hand include a grapple, hammer, wheelbarrow, pickaxe, and shovel.

Pickup Truck

If you are a contractor carrying out a demolition project on a client?s property, you need a pickup truck or large van to haul your equipment around. DIY enthusiasts may also find this type of vehicle useful, especially if they are renting equipment.

Rental Dumpster

Renting a dumpster will help you keep your project site clean and safe. A rental dumpster can also help you get the job done faster. Most sizes have several times the storage capacity of trucks and vans, and the company you rent from is likely to deliver and pick up the dumpster for you, transporting your load to the landfill or recycling center on your behalf.

No matter the scope of your demolition project, you will benefit from renting a dumpster. To speak with an experienced dumpster rental company that specializes in both residential and commercial services in New Jersey, visit RentDumpsters.com or call (201) 258-3699!

Source: http://www.rentdumpsters-nj.com/640573/2013/02/06/essential-residential-demolition-equipment.html

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Friday, February 1, 2013

Mark Cuban?s Awesome Justification For Endowing A Chair To ?Eliminate Stupid Patents?

Basketball - Dallas Mavericks vs Miami Heat - FloridaOutspoken billionaire, Mark Cuban, is fed up with America's patent system. "Dumbass patents are crushing small businesses. I have had multiple small companies i am an investor in have to fight or pay trolls for patents that were patently ridiculous," he says in an email to TechCrunch.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/j3LOFZ6mKiQ/

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