| August, 2001 Volume 4, Issue 5 _______________________ ![]() |
A Team Boston
Newsletter |
|
| Consumerism | ||
Inside this issue: |
"Reward comes in two forms: first,
innovation and creativity, underscored by differentiation, is rewarded by economic
profitinnovative/creative revenue. Second, efficiency earns only a
fee for competence. The difference is noticeable
...if a supplier or
producer wishes to provide materials or services as commodities, it/they can
expect, and deserves a fee directly proportionate to its efficiency. If a supplier offers
added value above this commodity worth, it can expect an economic
profit, which it deserves because the consumer is eventually willing to part with a
value which includes an unusual margin equated with extreme value, known as economic
profit." |
of consumerism. Selling is purely
product driven. One has a product and to personally profit from this product one sells it
to a buyer. Selling a product is not a customer sensitive (or driven) act. It is
seller sensitive. Selling does not drive a company to create new and different
opportunities (innovative revenue streams) to satisfy customer needs and wants. Selling is
inwardly focused on ones own product. A true marketing approach is based on an understanding of and commitment to satisfying consumer needs, wants and emotions, and fulfilling them with particular product or service offerings. Marketers change the nature of their companies based on consumer demand. At the heart of consumerism is being a true marketer. A true marketer isnt preoccupied so much with selling his own product as he is with providing a product or service that fulfills consumer demand. |
STRATEGIC MARKETING WAR GAMES SEMINAR |
|
It showed you how to develop an innovative, facility-specific trading area marketing plan that will empower you to create more revenue through: |
|
| Team Boston Home | The Sun Index | Page 1 | Page 2 | Page 3 | Page 4 | Page 5 | |