‘Let’s go in’ he said. I cringed - we looked as though we had been dragged through a bush backwards - but heck, why not. And so, with backpack repositioned and fleece tied a bit more neatly around my waist, I made for the imposing glass door.
We all like something shiny. So, true to the marketing behavioural psychology principles that had been implemented, my 11-year-old made a beeline to a window display that had done its job. It had stars and planets hanging in space and illustrations of a young boy.
It was Montblanc’s pride of place on the Champs Elysées. If their plan is to entice next genners, they are onto something - next gen being the term used for those set to inherit significant sums, as opposed to generation next, which is often used to describe millennials.
$4 trillion is expected to be passed on to the next generation in the UK and North America over the next 20 years.
I think most parents would quietly move their child along, if they were outside the Montblanc store, hoping no fuss was made. But I want mine to see what’s out there to help him arrive at, and make his own decisions.
Exposure is good. It does not mean conversion.
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Read more from Nima Abu Wardeh:
How to make sure you get the most from life
The gender retirement gap is frightening for women
Weighing up the pros and cons of buying a house
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I mention this because the world goes to lengths to beam out who belongs where. A high end luxury shop, with gleaming glass and chrome, displaying bejewelled treasure, replete with dark-suited, groomed personnel, is meant to be intimidating for those who don’t live within the price-range of what’s on offer.
But the staff at Montblanc were attentive, pleasant and didn’t appear to assume we had no intention of spending any money with them.
We were on holiday in Paris, seeing the sites and enjoying the streets. The only shopping we’d be doing was for sustenance.
I am acutely aware that my child does not hanker after branded goods - yet. He is blind to them, but I have no idea know how long this will last.
Get them young and keep them for life. That’s what happens with brand loyalty; long-term relationships formed early is where serious cash can be made. And it’s getting easier to hook these budding consumers. I will call them Gen M – M for media.
Studies find that a majority of US children have televisions in their bedrooms. This sounds very much like the UAE where many children also have unsupervised access to computers.
These two trends - the growth in advertising channels reaching children and children using media in private - have lead to more child-specific advertising. I can’t find figures for the UAE, but suffice to say it’s a lot of money elsewhere. Estimates of how much is spent reaching the youth market in the US come in at over $17 billion per year, with children viewing tens of thousands of commercials.
It does work: product preference has been shown to happen with as little as a single commercial exposure, it increases with repeated exposures. The big issue is that this influences children's product purchase requests and that these requests influence parents' purchasing decisions. In other words, everyone is affected, and it’s not just family finances that feel the pull. The layers of harm that result from targeting children include parent-child conflict. I don’t know about you, but I want to parent, not to be ‘bad cop’.
Here’s why targeting children as consumers is important to marketeers:
* They are a primary market - they spend their pocket money
* Children are a huge ‘influence market’ - affecting the buying habits of decision makers, such as parents and grandparents.
* Children are the future: what will they buy when they grow up? Remember, exposure also leads to brand preference later in life.
Here’s the thing: it’s not just a parent’s responsibility to protect children, it’s society’s too. I believe banning advertising aimed at children is fair game.
In some countries it’s restricted, such as the United Kingdom, Greece, Denmark, and Belgium. In Norway and Quebec, advertising to children under the age of 12 is illegal. There’s good solid science behind this due to how the brain develops, and the ability to differentiate between what’s real, suggested, or fantasy.
Our children are vulnerable and can be – are being – exploited by marketing pro’s. We all need protecting from the fallout of young ones being sucked in.
It's not just the display that drew my son in - being a budding illustrator, ink and writing tools are the thing. Yes, he baulked at the cost of the pens on display, but he still had his eye on a specific shiny thing - a purple, silver-edged notebook. He lovingly stroked it and asked for it. I told him to find out how much it was and then we would talk; €60 (Dh273) is how much. Thankfully he baulked at that too, but left the shop devising entrepreneurial schemes to earn the cost.
If the purple notebook is ever bought, I know he’d cherish it. All the more if he still hankers after it over the course of the year, saves up or earns the cost. The main reason I walked into the shop with him is to convey a message that our worth does not correlate with what's in our wallets, with the hope that he’ll always be able to walk into any place comfortably, with a secure sense of self and what’s important to him.
Nima Abu Wardeh is a broadcast journalist, columnist and blogger. Share her journey on finding-nima.com
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Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
Where to donate in the UAE
The Emirates Charity Portal
You can donate to several registered charities through a “donation catalogue”. The use of the donation is quite specific, such as buying a fan for a poor family in Niger for Dh130.
The General Authority of Islamic Affairs & Endowments
The site has an e-donation service accepting debit card, credit card or e-Dirham, an electronic payment tool developed by the Ministry of Finance and First Abu Dhabi Bank.
Al Noor Special Needs Centre
You can donate online or order Smiles n’ Stuff products handcrafted by Al Noor students. The centre publishes a wish list of extras needed, starting at Dh500.
Beit Al Khair Society
Beit Al Khair Society has the motto “From – and to – the UAE,” with donations going towards the neediest in the country. Its website has a list of physical donation sites, but people can also contribute money by SMS, bank transfer and through the hotline 800-22554.
Dar Al Ber Society
Dar Al Ber Society, which has charity projects in 39 countries, accept cash payments, money transfers or SMS donations. Its donation hotline is 800-79.
Dubai Cares
Dubai Cares provides several options for individuals and companies to donate, including online, through banks, at retail outlets, via phone and by purchasing Dubai Cares branded merchandise. It is currently running a campaign called Bookings 2030, which allows people to help change the future of six underprivileged children and young people.
Emirates Airline Foundation
Those who travel on Emirates have undoubtedly seen the little donation envelopes in the seat pockets. But the foundation also accepts donations online and in the form of Skywards Miles. Donated miles are used to sponsor travel for doctors, surgeons, engineers and other professionals volunteering on humanitarian missions around the world.
Emirates Red Crescent
On the Emirates Red Crescent website you can choose between 35 different purposes for your donation, such as providing food for fasters, supporting debtors and contributing to a refugee women fund. It also has a list of bank accounts for each donation type.
Gulf for Good
Gulf for Good raises funds for partner charity projects through challenges, like climbing Kilimanjaro and cycling through Thailand. This year’s projects are in partnership with Street Child Nepal, Larchfield Kids, the Foundation for African Empowerment and SOS Children's Villages. Since 2001, the organisation has raised more than $3.5 million (Dh12.8m) in support of over 50 children’s charities.
Noor Dubai Foundation
Sheikh Mohammed bin Rashid Al Maktoum launched the Noor Dubai Foundation a decade ago with the aim of eliminating all forms of preventable blindness globally. You can donate Dh50 to support mobile eye camps by texting the word “Noor” to 4565 (Etisalat) or 4849 (du).
Short-term let permits explained
Homeowners and tenants are allowed to list their properties for rental by registering through the Dubai Tourism website to obtain a permit.
Tenants also require a letter of no objection from their landlord before being allowed to list the property.
There is a cost of Dh1,590 before starting the process, with an additional licence fee of Dh300 per bedroom being rented in your home for the duration of the rental, which ranges from three months to a year.
Anyone hoping to list a property for rental must also provide a copy of their title deeds and Ejari, as well as their Emirates ID.
Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
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