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Marketing

Categories General, Marketing

Why we like the 1st Piece of Information?- Anchoring Bias

Posted on June 30, 2021June 30, 2021by Vejay Anand
I saw online that a TV priced at Rs. 60,000. I went shopping at a local electronics store that offered it for Rs 59,000, which I happily accepted. Except that another dealer was s…
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Categories General, Marketing

Everybody has Goals and Aspirations

Posted on June 29, 2021by Vejay Anand
Everybody aspires for something. A footballer wants to be the best A spiritual guru aspires to spread his teachings among more followers A poor man wants to move up in li…
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Categories Marketing

Marketing Memories: Why Nostalgia Sells

Posted on June 29, 2021June 29, 2021by Vejay Anand
Photographs & pictures make us feel good sometime later when we look back and look at the time gone by.  Taylor Swift has no problem associating with Keds. She wore it…
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Categories Business, Marketing

Lego and its Unlikely Brand Collaborations

Posted on June 29, 2021June 29, 2021by Vejay Anand
The number of brand collaborations LEGO has had with unlikely brand partners has piqued my interest. In a matter of a month, they have announced collaborations with Ikea, Adidas a…
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Categories Marketing

Nascar Blindness – Marketing Myopia

Posted on June 28, 2021June 28, 2021by Vejay Anand
In 2004, Arthur Miller wondered, “How can the polls be neck and neck when I don’t know one Bush supporter?” Since he did know any, he wondered where were all these people?  …
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Categories Advertising, Marketing

Are Most of Your Friends on Social Media Fake?

Posted on June 28, 2021June 28, 2021by Vejay Anand
Technology has forced us to interact 24 hours. We would like to be connected virtually as we'd prefer to stay in touch, continue with our multiple friends on FB, Twitter, Instagra…
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Categories Marketing

Google, Uber and the Act of Verbifying

Posted on June 28, 2021by Vejay Anand
We Zoom or Facetime but not Google Meet. We Whatsapp each other but not FB Messenger. We Google for information rather than search. We Xerox copies of documents rather than photoc…
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Categories Marketing

Humans Make Logical Decisions…Emotionally!!!

Posted on June 28, 2021June 28, 2021by Vejay Anand
Most people think that humans make logical decisions. The reality is that our rational brain has little effect on our decision-making. Even when we think we are being rational,…
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Categories Marketing

Post Demographics – Classical segmentation is out

Posted on June 28, 2021June 28, 2021by Vejay Anand
 Classic demographics like age and gender are losing importance among marketers.  Some observations Global connectivity is hastening the spread of information.&nbs…
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Categories Advertising, Marketing

Narcissism & You! You define your brands!

Posted on June 28, 2021June 28, 2021by Vejay Anand
I prefer Bacardi to Old Monk; I like Absolut to Grey Goose; I like Puma to Reebok; The list goes on Putting the products aside, there are reasons why I prefer the brands mentio…
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Categories Marketing

Minimum Viable Audience = Extra Lucrative Audience = Best ROI

Posted on June 28, 2021June 28, 2021by Vejay Anand
We have been advised as marketing professionals to reach out to the maximum number of people in our target audience at the lowest cost. So our goal is to reach out to many people …
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Categories Marketing

Not Knowing Your Target Audience – The Fundamental Flaw

Posted on June 27, 2021June 28, 2021by Vejay Anand
Who is your target audience? And why? Can you describe them? If you don’t have specific answers to these questions, then you are in big trouble.  Time and again, I am g…
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Categories Business, Marketing

The Age of Distrust and The Age for Trust

Posted on June 27, 2021June 27, 2021by Vejay Anand
Loss of Faith The last few years have seen an increasing ‘loss of faith’ against politicians and media (because all communication happens through offline and online media) than…
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Categories Marketing

Emotional Rational Brands – Brands with a Purpose

Posted on June 27, 2021June 27, 2021by Vejay Anand
Raksha Bandhan or Friendship Day has seen an outpouring of emotional creativity from brands. This is an indication of social mores, as we as consumers have become more socially aw…
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