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The value-add point of difference

book-reindeer.jpgWe have the Hallmark The Night Before Christmas recordable storybook and have been good, until the Target Christmas catalogue came out a week ago.  Target gutted the price of this and a bunch of stock to kick start what I understand has been an awful Christmas for them so far.  Rather than be seen as a direct competitor and lose on price, we have the Hallmark reindeer plush on offer for just $5 extra with the storybook.  These reindeer retail at close to $15.00 so the combined deal is $10.00.  On top of this we have the storybook priced at $5.00 off RRP.  So, the total saving is $15.00.  This takes us away from being a competitor of Target.  Target does not have the reindeer.

The recordable storybooks are wonderful products. They provide a level of emotional connection between giver and recipient which goes far deeper than a regular gook gift.  Kudos to Hallmark for this innovation and their backing of this with a national TV campaign starting tonight on Hey Hey It’s Saturday.

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