The Limitation of Marketing
I remember one of the cases we discussed in class, I think it was Marketing, where the problem was about marketing a product that was poorly-designed and ill-fitting for its intended customers.
Why that case specifically? I remember it because I'm involved in the marketing/development of a new product/service from one of the major companies here in Manila. (In the absence of full-time work, my consultancy gigs have picked up :P)
The firm is hoping that it can use its marketing clout and invest a lot in internet marketing to push the product and acquire customers. But from what I'm seeing so far, the product/service is not 100%, inferior to its competitors, and full of OTSU's (Opportunities To Screw Up. My apologies to Prof. Tommy Lopez). The kicker is that the firm wants to launch it soon.
I gave them my assessment: you can't launch the project in its current form. If the early adopters won't like it, the product is doomed to obscurity.
Make no mistake, the company has a very good marketing plan and has implemented very successful, no, hugely successful marketing campaigns in the past. But if there's one thing I learned from the case: No amount of marketing can mask the flaws of an inferior product, no matter how cool it is.
Why that case specifically? I remember it because I'm involved in the marketing/development of a new product/service from one of the major companies here in Manila. (In the absence of full-time work, my consultancy gigs have picked up :P)
The firm is hoping that it can use its marketing clout and invest a lot in internet marketing to push the product and acquire customers. But from what I'm seeing so far, the product/service is not 100%, inferior to its competitors, and full of OTSU's (Opportunities To Screw Up. My apologies to Prof. Tommy Lopez). The kicker is that the firm wants to launch it soon.
I gave them my assessment: you can't launch the project in its current form. If the early adopters won't like it, the product is doomed to obscurity.
Make no mistake, the company has a very good marketing plan and has implemented very successful, no, hugely successful marketing campaigns in the past. But if there's one thing I learned from the case: No amount of marketing can mask the flaws of an inferior product, no matter how cool it is.
Comments
What a mysterious nickname... I wonder who could you be... :P