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Topic : Deceptive Marketing - Watch Out!!!
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Marketing & Branding

 
Started by : Meena Deshmukh, Product/Brand Manager, Videocon Inds   09 08 2010 07:43:06 +0000
Industry : Advertising/PR/MR/EventsFunctional Area : Strategy Alignment(Strategy & Execution)
Activity:  134 views;  last activity : 01 03 2011 13:50:54 +0000

When the so called MBA's who come with a good resume in hand and then have the qualification for what it takes to get the job given to them, but are failing miserably, as I have seen people who have studied 4 yrs of Phd in abroad in marketing struggling to get to the marketing terms which according to some are very simple, and many here who have experience say that they are failing the practical badly and everything is fine, but getting this Practical quotient is what is more important today.

So, why is it too many are failing in the practical here??

 
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1 2 3 4 5
1 Practical barriers b/w Customer and the company
2 way of implementation
3 why too many are failing the practical
4 Marketing Requires More than Study
5 Notional Flaw.
6 GROUND REALITY
7 Too many parameters involved
8 UNDERSTANDING
9 Ground Reality
10 Not in tune with reality !
11 Real marketing lies at the market place
12 Reduce gap between Industry and Academia
13 Philosophy
14 R C Bhardwaj
15 Books Vs. Reality
16 active
17 OLD SIMPLE SAYING
18 Practice supplements what we learn at school
19 Marketing is no more same

Practical barriers b/w Customer and the company

idea posted by Meena Deshmukh Product/Brand Manager, Videocon Inds

The reason marketing is so hard to execute is because of all the practical barriers that spring up when an organisation attempts to listen to customers and then change the way it does business as a result. It costs money.  It takes time. The sales force won't grant us access to the customers. We are afraid to find out bad news. We don't know who our customers are, so we can't listen to them. Customers might want something we don't provide.

Customers don't want to talk to us and don't seem to know what they want even when they do.  And this is the true challenge of marketing: breaking down the practical barriers that emerge to prevent us from fulfilling our most important remit. Our focus is the customer and our first job is removing any impediments that prevent us from maintaining that focus.

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@ Meena -- Change few things. Create techno commercial team with 50:50 ration of marketing : QA team. Customer complaints should be entertained by QA department not by marketing. QA will ensure prevention of such complain in future. Logistics & immediate customer support will be done by marketing. This will give face to customer. Ask marketing team to collect data for future product from complaining customer. Change the way you look to problems. Better product & service will reduce the gap between practical & theoretical marketing.

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Theory and practical are related to each other. They are cycle and follow each other that is why you review the syllabus of colleges every year. Although, I am not sure how effectively the new changes are incorporated in the theory. In the market, where there are many constraints and pressure to market/sell, many theories goes for toss and people do whatever necessary to close the deal

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by Rathin Deb, Freelance Retail Consultant  | 09 22 2010 05:05:38 +0000

Meena you are absolutely. right. So what the company needs to do a through research and meet the would be consumers with the product and price range that will give a complete idea of what is to be produced and marketed and where at what price range.

Till now all the fairness products talcom powder included used to be test marketed at Tamilnadu and then marketed all through the country. Yes according to me it is easy if you know the way. If you dont you will reach a wrong destination.

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way of implementation

idea posted by komal maheshwari student, ITM college

marketing principles are unique.

it never change at anywhere and in any sitution but the only difference is

"how  are you implementing these principles"

some time failiure reasons can....

*) improper performance

*) qualified coustomer

*) Improper objection handleing step

*) pre-approach is required to customer

other reasons are also responsible for failure....

but it is very important to care about it..

that how are you implementing.... marketing princple

it can either sucess or fail your marketing task....

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Yes, implementation of basic principles have maximum chances of success & minimum chances of failure.

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why too many are failing the practical

idea posted by john peter mendonca Senior manager,Business Development, win media communications pvt ltd

 in marketing the truth is synonimus with accoutability.

To be productive,the desire must be matched by persistent determination and passion.

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by Gilbert PRIEUR, Morphopsychologist Expert, Nemopsy  | 09 22 2010 21:01:58 +0000

Adaptability is necessary. There is always a difference btween schedule and reality.

Constantly you have to change your plans facing reality.

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Marketing Requires More than Study

idea posted by Vipin Bhasin Private Equity/Hedge Fund/VC-Manager, Indian Investment Co.

Meena Good Topic ! First of all i want to say that we have so many good marketer in our company, They already proved themselves in the form of growth of company and country.

Maketing demands more than our bookish knowledge or higher education. It(education) can help a marketer to make their plans according to internal and external conditions of company as well as their products. But in practical there is huge gap between plans and facts studied by us. Marketing depends on country & economy. So it is not easy to do work in developing economy. Because conditions are changing on daily basis which creates a problem for marketer to plan. Quick but right decision require at right time. Co ordination with all departments also necessary in competitive market. In short, if any marketer fail to do so then he can't sucessful.

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Notional Flaw.

idea posted by Ravindra Sharma Managing Consultant, CHEF-India

MBA in India is considered a ticket to making more money and quickly by most entrants. MBA are considered know all and expected to perform all by several small and medium companies. What needs to be understood is any qualification provides an initialization to a structure, the material and other a resources as also time to construct and mature is not replaceable or unnecessary in any structure. 

Gaining process and business knowledge of domain is extremely important without which any degree or qualification is useless. Thus if changing domains to hop for better salary becomes the norm the in-depth subject understanding becomes difficult to attain. Product buildup, its basis and process knowledge are all crucial components to success in marketing.

Thanks for refer, Meena 

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by Ravindra Sharma, Managing Consultant, CHEF-India  | 11 12 2010 05:32:15 +0000

Friends

"The loss due to translaton", is huge and expensive, if and when companies get to understand something completely different from customer demands version and this happens as a result of lack of exposure and generalist treatment.

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GROUND REALITY

idea posted by sudhakar BUSINESS CONSULTANT

GROUND REALITY IS THE FOREMOST THING AND IF ONE FAILS TO UNDERSTAND, IF HE / SHE IS ACADEMICALLY WELL ACCOMPLISHED U CANNOT TURN THE STONE.

GOOD EXAMPLE  LIFE OF NIRMA DHURUBHAI AMBANI

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Too many parameters involved

idea posted by KALIYAMOORTHY Oil & Gas Area Coordinator, Undisclosed

Too many parameters involved in Marketing such as, Customers demand, products model/application, finance(customer/company), Out-side competition, quality etc. When you look at the few, marketing factors is affected by:-

  • A decrease in Customer demand, obviously.
  • Very quick change in product models, makes purchaser pissed off
  • Inconsistent application in models.
  • Financial conditions are changing with respect to customer & company.
  • Newer product pose tight competition to marketers.
  • Quality assurance may not be consistent with the products.

Controlling of these variables are beyond the scope of the marketers. May be, these variable makes them to fare badly in business.

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by Gilbert PRIEUR, Morphopsychologist Expert, Nemopsy  | 09 09 2010 10:50:13 +0000

Tobe alone is a real cahllenge for a very small enterprise. Outsourcing is expensive. You try and do your best just hope sommebody will find your idea interesting and fruitful.

In fact an entrepreneur needs only a few customer. So it might be possible http://alturl.com/okdoz

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UNDERSTANDING

idea posted by Archita Ray Associate Consultant, Quadrangle Consulting Service Ltd/ Cubiks International

the old school saying tells that the world outside the academic barriers is way different, but the basic fabric is the same- to be a good player one need to implement the learning in new ways. the problem is that before v implement the learning v actually require to un-learn the rules.. n only then can new ideas pour in. 

Marketing fails before the tricks have to be modified. innovation is required and understanding the psyche is essential. everyone is unique .... how can u give an extra mile to all!! let the ball roll.. but wait its a up-hill ride.

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Ground Reality

idea posted by sudhakar BUSINESS CONSULTANT

Some times back i had floated the very basic concept  on"MARKETING. IF  ONE GOES BY THE TERM MARKETING IT STARTS WITH CONSUMER AND ENDS WITH CONSUMERS. THE CHALLENGE THAT WE ARE FACING TODAY IS THAT BUYING A QUALITY PRODUCT AT THE RIGHT PRICE IS ALWAYS A DIFFICULT PREPOSITION. THANKS TO MISLEADING ADVERTISEMENT WHICH LEADS TO INDIGNANT BUYING PATTERN WILL QUESTION THE VERY SURVIVAL OF THE FIRM. a FIRM MAY ADOPT MARKETING JARGON SUCH AS WORD OF MOUTH ,BRANDING, PACKAGING  SCHEMES AND SO ON AND SO FORTH . UNLESS A FIRM UNDERSTANDS THE GROUND REALITY THE VERY SURVIVAL WILL B A BIG QUESTION MARK

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Not in tune with reality !

idea posted by Jaygopal Raghavan Marketing Manager, Landmark Group

Too much emphasis on bookish knowledge leads to such a situation. Students especially from the premier schools are taught to go by rote so much that they fail to see practical situations and their problems. An ear to the ground approach is always necesarry even though you might have an MBA degree.

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Real marketing lies at the market place

idea posted by john peter mendonca Senior manager,Business Development, win media communications pvt ltd

whether qulified as  an MBA or not,the real understanding of marketing  lies at the market itself. If I am passionate about my prduct's growth i have to spend lot many hours at the market. Yes, once u are qulified your analytical ability has an advantage over the non qulified.

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Reduce gap between Industry and Academia

idea posted by Shridhar Chandru Business Developement Manager, ERP Consulting Company

Industry needs qualified candidates from academia, and academia needs industry exposure. This gap effects the knowledge level of MBAs from colleges. Industries should open up to impart knowledge which inturn will be benefitted. Its like "reap what you sow". By the time an MBA gets used to business aceneriuos would have been changed. Its only a wastage of time. You need industry ready candidates who are productive from day1, then train the target students well. so this gap has to be filled , i bet things will be different 

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Philosophy

idea posted by S. Muralidharan Executive Director, Knowledge Foundation & Campus Around the Corner
Philosophies and objectives of every corporate are unique - no theory can expound! Corporate's objectives change according to the global scenario. If we fail to adjust to the market conditions as they change, failure will cripple the entire activity.
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R C Bhardwaj

idea posted by rcbhardwaj Sr Manager Sales, inopen technologies
They falter in BASICS....thats my 25 years experience...companies..individuals....falter in the basics
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Books Vs. Reality

idea posted by V B Sree Krishna Dutta Content publishing, Deloitte Touche Tohmatsu

I am a student. Learning what Marketing is. When I read books, they talk about lot of stuff. they talk about how to market, what customer wants. How to know what customer wants. How to conduct a market survey, Branding Positioning etc,. After this study, I may do an internship which acts as a bridge between the books and the reality. But Books can never replace reality is what I believe after having seen at least a little of what there is. If books, lecturers and the B school can make me the best businessman, then how come people like DhiruBhai Ambani who did not have a degree in Management when he started his small business was successful. 

So, it is clearly not just a business school or even the best B school that can make me the best business man or even a better one... What one needs to understand is that Books are just Books and that practicality with time sense is what is needed to be a successful Businessman or a successful Manager.

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idea posted by Suresh Jain Assistant Marketing Manager, Saraswati Global Limited
person do not want do work
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OLD SIMPLE SAYING

idea posted by s.baalu Consultant, XYZ LTD

There is an old simple saying:

I hear I forget.

I see I remember.

I do I understand.

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Practice supplements what we learn at school

idea posted by Amit Abrol Business Owner , Primexp

It is critical to be able to implement what one learns & the ways to do that depend on the circumstance the idea is being implemented in - ground reality, business idea, market potential in the launch market, financial stability at time of implementation & the ability to see through the initial gestation as well as times of turmoil etc.

The list is long & can further be added onto, by those who have been through the rigmarole - underlining the fact that practical experience must supplement book knowledge.

Internship gives you an idea of what one is about to step into, but can never actually provide the experience to make the right decision.

Every situation is different, even for implementation of the same idea & timing is critical/ will decide probability of success over failure - again, only an experienced professional can tell you that. 

One learns at every step & must always be open to learning from those around - senior & junior alike.Every idea in a book is explained best by a practical experience, further reinstating the argument! 

 

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Marketing is no more same

idea posted by sasi raj IT/Technical Editor, GP (http:\\sasiraj.emurse.com\

Except for really poor countries, in other places marketing is no longer same. In fact you dont need a marketer to push your stuff.

Throw your marketing degrees in bin. Customers are now more aware of what they are dealing with. A marketer is a menace trying to disinform the customer. The days for a marketer are counted...............

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