TCBY, a yogurt chain with more than 450 stores nationwide, will celebrate Dads this Father’s Day by giving them a free cup or cone of yogurt. The promotion, which the company has run the past four years (a similar promotion ran on Mother’s Day) allows TCBY to leverage holiday enthusiasm as a “hybrid way to introduce the product to new customers” and as a way to celebrate the company’s most valued customer segment: families, says Greg Allison, senior director of marketing at TCBY.
Mother’s and Father’s Day represent approximately $27 billion in annual spending, according to a 2011 National Retail Federation (NRF) report. Shoppers spent $16.3 billion on moms this year. In 2010, they spent $9.8 billion on dads (2011 Father’s Day numbers have not been calculated). These two holidays represent important occasions for most multichannel retailers, particularly Mother’s Day, which is second only to the Christmas season in spending.
While both holidays are undoubtedly important to retailers, it’s obvious from the NRF spending report that the holidays are not equally important. Retailers continue to spend nearly double each year on moms, while dads receive the shorter end of the gift-giving stick.
“In the six years I’ve looked at these surveys, I’ve never seen the numbers change,” says Kathy Grannis, director of media relations at the NRF. “There’s an emotional connection to Mother’s Day. Consumers can’t do without their dads, but Mother’s Day has more of an emotional connection.”
Despite this economic reality, marketers continue to run Mother’s and Father’s Day campaigns that are strikingly similar to one another, possibly to the detriment of Father’s Day sales. Rather than running different campaigns with different messages, retailers mimic Mother’s Day campaigns on Father’s Day with electronics and ties standing in for flowers and jewelry.
“Our consumer target [for Mother’s and Father’s Day] is the type of woman we call ‘a relationship believer,’” explains Lisa Macpherson, SVP of ?marketing at Hallmark Cards. “These are women who believe the quality of life is directly related to the quality of your relationships.”
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