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Marketing Defined

A Simple Explanation Of Marketing

A Professor was explaining marketing concepts to his MBA Students :

  1. You see a gorgeous girl at a party. You go up to her and say: “I am very rich. Marry me!” – That’s Direct Marketing
  2. You’re at a party with a bunch of friends and see a gorgeous girl. One of your friends goes up to her and pointing at you says: “He’s very rich. Marry him.” – That’s Advertising
  3. You see a gorgeous girl at a party. You go up to her and get her telephone number. The next day, you call and say: “Hi, I’m very rich. Marry me.” – That’s Telemarketing
  4. You’re at a party and see a gorgeous girl. You get up and straighten your tie, you walk up to her and pour her a drink, you open the door of the car for her, pick up her bag after she drops it, offer her a ride and then say: “By the way, I’m rich. Will you marry me?” – That’s Public Relations
  5. You’re at a party and see a gorgeous girl. She walks up to you and says: “You are very rich! Can you marry me?” – That’s Brand Recognition
  6. You see a gorgeous girl at a party. You go up to her and say: “I am very rich. Marry me!” She gives your face a slap. – That’s Customer Feedback
  7. You see a gorgeous girl at a party. You go up to her and say: “I am very rich. Marry me!” And she introduces you to her husband. – That’s demand and supply gap
  8. You see a gorgeous girl at a party. You go up to her and before you say anything, another person comes and tells her: “I’m rich. Will you marry me?” and she goes with him – That’s competition eating into your market share
  9. You see a gorgeous girl at a party. You go up to her and before you can say: “I’m rich, Marry me!” your wife arrives. – That’s restriction for entering new markets.

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