Showing posts with label grow. Show all posts
Showing posts with label grow. Show all posts

Monday, August 02, 2010

To make the market and to grow it.

If the first stage of marketing is to make sure you have a right product, which is desirable and it is easily available then the next  step can be how to build on such a market. What does a consumer need? Does he need an unique experience or does he need his expectations to be fulfilled.

It is a tricky situation because designing unique experience requires investment in manpower, technology, operations, and other logistical management.

 But just providing satisfaction to a consumer can lead to the brand being a me too as it is not unique.

For example today Pepsi is coming out with Pepsi Max its new zero calorie drink or Intel is coming out with Atom after a hugely successful Core and Pentium . One might say that these are just examples of product innovations are they are not unique experiences. But isn't unique experience something never seen before/felt before. So doesn't it fall under the domain of innovation.

By Ninad Tatke