Monday, August 21, 2006

Explaining Marketing Concepts

A Professor at one of the IIM's was explaining marketing concepts to the 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 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 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 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 you a nice hard slap on your face.
- 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 come and tell 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 say:
"I'm rich, Marry me!" your wife arrives.
- That's restriction for entering new markets

"Love may be blind but marriage is a real eye-opener!"

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