say that. Particularly if youâre about to tell me a thesis topic. Theyâre all either incomprehensible or funny or both. Itâs a rule.
Okay. Iâm looking at retail. The psychology and sociology of retail. I transferred here to be with a particular supervisor. Iâd read some things sheâd written on cycle times in calendar-driven retail.
Calendar-driven retail?
Sure. There are a lot of different ways itâs described, but the idea is that, spread out across the year, there are specific sale points, on top of general commerce. Some of them are demographically focused, some arenât. My supervisor has an interest in Fathersâ Day. Me? I went right for the big one. Christmas.
So, what about Christmas exactly?
Exactly?
She stops, smiles.
Okay, Iâve got a working title of âChristmas retail cycle times seen from the perspective of the rise and fall of Tickle-Me-Elmoâ.
You canât tell me this is the bit where Iâm not allowed to laugh.
But I do get to explain. You have to let me explain.
Donât worry. Iâd like to hear you explain. Any time anyone travels a thousand miles to study Tickle-Me-Elmo, I do like to know why.
Are you still going to run with me after this?
Iâm still going to run with you. With this thesis topic Iâd only want to run with you more. But explain. Surprise me.
Okay. Hereâs the thing with Tickle-Me-Elmo. Youâve got two extremes, right? Fathersâ Day is, like, offensively stable. Power tools, angle grinders, year after year.
The last bastion of fifties stereotypes. Big chunky submarine-under-the-ice novels, a boxed set of Rocky videos. I know what youâre saying.
But I donât tell her Iâm so out of the Fathersâ Day league that I thought it was ankle grinders for years (the ads always shout in that bloke-frequency voice, which I canât hear clearly). Not that Iâm any more certain now about what angle grinders are for. Which angles they grind, for instance. Iâve got plenty of angles around the house, but I havenât seen one that could be improved by grinding.
Exactly,
sheâs saying.
As opposed to all the crap Mothersâ Day stuff. A different set of stuff but also stable. But Christmas is constructed in a different way. Partly, obviously, because everyoneâs supposed to score a present, but itâs also less stable than it used to be when it comes to present choices. Monopoly, for example, was the archetypal Christmas gift for a couple of generations. You probably got given it yourself.
Well, yeah, but donât make me feel historic about it.
What we see now is the fad Christmas. You get one shot at it if youâre a manufacturer. You pitch your brilliant, new idea into the pre-Christmas market. Hype it as hard as you can. Youâve got a couple of weeks to create anticipation, then another couple of weeks to start shifting it. One technique is to under-supply. Empty shelves make news. And the smart thing to do is target the under-sixes. Theyâre much better networked than they used to be, and no-one likes to disappoint them. They get really excited about Christmas, and theyâre not good at putting disappointment into perspective. So, in 1997, they all wanted Tickle-Me-Elmo,
she says, and I love the intensity of it, the way itâs coming out like apitch. The way sheâs completely over the fact that saying Tickle-Me-Elmo with even half this earnestness should be very funny.
It cost sixty bucks then, but the black-market price hit several hundred. In 1998, they were twenty-nine ninety-five. Their time had passed.
So what youâre saying is, if Lily was a few years older, and Iâd bought her one in 1997 Iâd be a present-buying god, but if I bought her one in 1998 Iâd only be showing her how past it I was.
Thatâs it exactly. Might as well get her Monopoly. Donât tell me you didnât think all this through before you
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