Free style Marketing
How
many times have been in a business conference which guided the world to
sell things for free? Well, if you never heard about one, then you need
to know about Nokia
World 2007 Conference where Chris Anderson, Editor in Chief talks to
the world in same context.
The campaign broke all the traditional way
of selling a service product. The new way to sell today has changed
focus from the actual product to the complementary product or
supporting product which could enhance the selling of original product.
Chris talks about the new concept of 0 + 2 which is contrary to 1+1
which is traditional way of selling. Traditional Example of selling
would be - A company which is providing services using a product is
earning 1 revenue from product and 1 revenue from servicing the product
where as the new way of selling would be sell the product for free with
revenue as "0" and earning 2 from servicing the product i.e.
transitioning from 1 + 1 concept to 0 + 2. There is a sense of a
revolution which is going to come in recent years. Think of an
environment, where every child takes birth with your product in his
right hand. This would be a revolution.
I run a Guitar School today.
Let me dream of a world where every child takes birth with a Guitar in
his hand where Guitars are grown up on trees. Every kid on his birthday
is coming with a lolly pop in his hand and rather asking for a dog this
time, he is asking his dad to get him a new Guitar. Now for me in this
situation, where I'm running a Guitar learning School, the my income is
not from selling Guitar, rather my income would be from teaching guitar
as its gaining more visibility. So the concept is, there would be a
point in the economy where you would sell your product for free or just
cover you expense and earn all from service of the product which is may
provide many fold the profit earned through product which is one time
sell. It breaks the boundations
where consumers are not able to purchase the product even, forget about
service. There came a plan for my Guitar School, I made a fee structure
in which I could sell a guitar for the least price and earn on
teaching, so by taking new route to 0+2. Making guitar cheaper would
actually helped my business to sustain, it could make your business
sustain too...!