Showing posts with label marketing. Show all posts
Showing posts with label marketing. Show all posts

Tuesday, November 15, 2011

Marketing Simplified!


Only a genius can come up with something so insightful and interesting. Whoever came up with this must have had a tough time studying marketing or must have loved it dearly. A friend sent this to me as an e-mail.  Sharing it with you all. Enjoy!

You see a gorgeous girl at a party.
You go up to her and say, “I’m very rich. Marry me.”
That is Direct Marketing.

You are at a party with a bunch of friends and see a gorgeous girl.
One of your friends goes up to her and says, “He is a very rich man. Marry him.”
That is Advertising.

You see a gorgeous girl at a party.
You go up to her and get her telephone number.
The next day you call her and say, “Hi! I’m very rich. Marry me.”
That is Telemarketing.

You are 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 for her. Pick up her bag after she drops it.
Offer her a ride home and then say, “By the way, I am very rich. Will you marry me?”
That is Public Relation.

You are at a party and see a gorgeous girl.
She walks up to you and says, “You are very rich…”
That is Brand Recognition.

You see a gorgeous girl at a party.
You go up to her and say, “I’m very rich. Marry me!”
She gives you a nice hard slap on your face.
That is Customer Feedback.

You see a gorgeous girl at a party.
You go up to her and say, “I’m very rich. Marry me!”
She introduces you to her husband.
That is Demand and Supply Gap.

You see a gorgeous girl at a party.
You go up to her and say, “I’m very rich. Marry me!”
She turns her face towards you ----------- She is your wife.
That is Competition Eating into your Market Share.

P.S. – This will be very helpful to all the Marketing Beginners. :)


Tuesday, November 8, 2011

Ra.One, Marketing and Hysteria




Marketing is that one technique that can either make you or destroy you! Ra.One can be a very good example for the same. The movie was what it was. Some may call it a complete dud while the SRK fanatics still drool. But what made the movie work for me is its marketing. Don’t get me wrong. I haven’t seen the movie yet but I very clearly saw all the intense and well planned marketing Eros International, Red Chillies and SRK had been doing so far.

They key factor ensuring a movie’s success is marketing and Ra.One took very good care of that. Their marketing tie-up went up to almost 50 crores which included approximately 15 crores for online production. The movie changed the face of marketing in India and created new records for Bollywood.

Looks like King Khan just didn’t want anything to go wrong this time. And nothing really went wrong except that Ra.One did not please the critics and the audience (here, I am referring to the audience who likes good cinema and not SRK fanatics).

It’s safe to say that SRK shouldn’t try these experiments especially now that his “awe-inspiring” career graph is not pointing upwards. At this time, he has only two safe options. He should either take a grand retirement or just stick to movies like Kuch Kuch Hota Hai, Kal Ho Na Ho, K3G, etc. that’s where people actually like him. Anything beyond that fails miserably.

Also, the kind of audience that watches Salman Khan and Shahrukh Khan is a tad different. Since everyone is comparing Ra.One with Bodyguard, why should I stay behind? The point is Salman Khan is the hero of the masses. But when we talk about the Badshah, the audience that watches him is a bit on the upper side. You will not see SRK become play the role of a Bodyguard in any film. That is something Salman does and is appreciated for it. But when we talk about Shahrukh, his audience is different and has expectations. Which proves why the audience was disappointed with Ra.One. We all like the romantic Shahrukh. But the superhero Sharukh, not so much.

Coming back to the marketing aspect, the hotch-potch entertainment by King Khan is a huge marketing success. The 5-day weekend collection is anticipated to be around a hundred crore, as rivalled to Bodyguard’s 82 crore.

But one should not miss the wood for the trees. It is not the geeky tale or Akon’s Chammak Challo item numbers or the Shahrukh magic that made the movie. It is all that and much more. The selling is the secret of its success.

The two-year project had a marketing window of 10 months starting January 2011, wherein the release of the music, the gaming and merchandise, and Shah Rukh’s road shows followed a detailed time-table. For gaming, the producers tied up with Sony. Similarly, they had a tie-up with YouTube for promoting trailers. And if that’s not enough then they teamed up up with as many as 25 brands ranging from Videocon, Western Union and Star TV to Cinthol and Gitanjali Gems.

Seven months before its release, SRK kicked off the promotions with a 10-second trailer during the World Cup semi-final match between India and Australia, while Ra.One's first look was revealed by the star on his Twitter page on January 2011 along with an ad in a leading daily.

According to brand whizzes, the marketing blitzkrieg for Ra.One is a classic case of integrating a film into every aspect of people's lives. For instance, be it clothing, automobiles, games, sports, merchandising, there will be a part of the film involved.


Sunday, January 9, 2011

Advertising v/s Marketing : What's The Difference?

Advertising and marketing are both very different yet very essential components required for an organization to grow. Identifying the difference and practicing them well can put your company on the path to substantial growth. Often people confuse marketing and advertising.

Let’s look at the basic definitions of Advertising and Marketing.
Advertising : Advertising is bringing a product (or service) to the attention of potential and current customers. Advertising is focused on one particular product or service. Advertising is typically done with signs, brochures, commercials, direct mailings or e-mail messages, personal contact, etc.

Marketing : Marketing is the wide range of activities involved in making sure that you're continuing to meet the needs of your customers and getting value in return. Marketing is usually focused on one product or service. Marketing activities include "inbound marketing," such as market research to find out, for example, what groups of potential customers exist, what their needs are, which of those needs you can meet, how you should meet them, etc.

Now after going through these definitions it is easy to comprehend how the difference between advertising and marketing can be puzzling to the point that people think of them as one-in-the same. So let’s try and break it down a little bit.

Advertising is a part of marketing. It is a subset of marketing. Advertising includes planning strategies like which media to use. Should it be done through television, radio, billboards etc. It is mainly used to inform the target audience about a certain product or service. It tells them the products or service's advantages and benefits for them to be cajoled to buy the product. Advertising is the most expensive aspect of marketing process.

Marketing is a process that takes time, and can take days to research to make it effective. Marketing includes all the pricing, distribution, sales strategy, market research, media planning, and customer support, etc. all these components must be arranged and put into practice to achieve the best result possible.

Several times I’ve seen marketing to be considered as the big pie and advertising along with research, planning etc. as just a slice of that pie.

Basically, the main goal of both is to enhance consumer awareness.