Probably one of the best videos out there that explains why certain companies engage in marketing and why others don't.
https://youtu.be/y1jrZ6gP2Tg?s…
❤️
randomindianguy
TL;DW:
There are three lines that a business looks at:
1. Cost
2. Price of the product/commodity
3. Perceived Value.
The goal of a marketer is to raise the perceived value for the end customer, such that they feel like they're getting bang for their buck.
him
Sid Sundaram
TL;DW:
There are three lines that a business looks at:
1. Cost
2. Price of the product/commodity
3. Perceived Value.
The goal of a marketer is to raise the perceived value for the end customer, such that they feel like they're getting bang for their buck.
I’ll check the video but this is just 1 aspect of marketing. I’m guessing video has a lot more.