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Aug 24, 2007

Sales and Marketing Seminar by Harry Beckwith



Management program on Marketing with Harry Beckwith 6th Sept 07 (Mumbai) and 7th Sept 07 (Bangalore)

Harry Bechwith is coming for a seminar to be held on 6th and 7th September at Mumbai and Bangalore respectively. Check out agenda of program. Click here

Harry Bechwith is well known author on marketing subjects and have written books like (Click on book names for more details)

1. Selling the Invisible: A Field Guide to Modern Marketing
2. The Invisible Touch: The Four Keys to Modern Marketing
3. What Clients Love: A Field Guide to Growing Your Business
4. You, Inc.: The Art of Selling Yourself

I hope many of us can take this good opportunity to speak to him

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Aug 22, 2007

Green Marketing



Fast developing technology, more informed consumer and government regulations are forcing product designer and marketers to consider the environmental aspects of product and market. The Term "Green marketing"or "Environmental Marketing" is much written about subject today. However, green consumer and green marketing remain equivocal from product and market perspective.

Spiraling fuel prices and global warming fears have increasingly put environmental issues on the front page and in advertising efforts. But as more companies adopt these campaigns, consumers are growing increasingly confused over what it means to be "green," making it harder to create effective environmental marketing efforts, according to a recently released study by Landor Associates, New York.

Fast developing technology, more informed consumer and government regulations are forcing product designer and marketers to consider the environmental aspects of product and market. The Term "Green marketing"or "Environmental Marketing" is much written about subject today. However, green consumer and green marketing remain equivocal from product and market perspective.
There are many questions for a Green marketer.
Will a consumer willing to pay premium for environmental cause, if yes what is premium, how many consumers are willing to pay premium.
In the article Strategic Marketing of Greener Products by Jacquelyn Ottman and Virginia Terry they quote the following study.
A Green Gauge Report 1996 study conducted by Roper Starch Worldwide (US) showed that 75% of Americans think they should take more positive action towards the environment. However, the same report also showed that the percentage of Americans willing to pay more for environmental products has declined from 11% ten years ago to just 5% in 1996. This trend is not confined to the US. Generally, the consumer's increased environmental concern, and indeed his or her environmental sophistication, does not necessarily translate into increased green purchasing. Clearly, marketing greener products will have to entail more than attaching a green label or featuring images of wildlife in media advertisements!
To make Green marketing organization should focus for immediate benefits of product being green in terms of usability, price and value it offers.
The Green marketing should offer differentiation in product positioning in a manner that enhances the brand
The green marketing should make careful consideration before making environmental claims and should use meaningful terms and images in the communication
Should be able to communicate clearly what are environmental characteristics, benefits how benefits are achieved. It should talk about the comparative difference with the other products and justification for the differences.
Green marketing should also be seen from the wider perspective of enterprise. It should involve not only marketing but also the product material, production process and dispoal system of retired product. Other references
http://www.marketingprofs.com/6/ottman1.asp
Cheers
SUDEEP

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Aug 1, 2007

Tata Small Car Project- My Comments in BW



This is the comment I have made at Businessworld website. You can read this article" Small Car, Big Dreams" in Business World Magazine : Volume 27 Issue 11. For the week 30 July-31August 2007 http://www.businessworld.in/content/view/2199/2297 This small car is more than a big dream for Ratan Tata and it presents new dimension for the Ratan Tata's flagship company TATA Motors. Ratan Tata being a business visionary understands the importance of small car projects not only in terms of the revenues it brings to Tata Motors, but its influence in term of organizational culture, Branding, Supplier relationship and Marketing systems. The new car project presents non- traditional barriers to an automotive company and challenges the members of organization to think innovative, something which is difficult in large organization of Tata Motors size. This prepares the organization to be flexible and break the existing rules. In all it drives enthusiasm starting from skepticism to belief, belief to succeed in delivering something different. Historically, small cars or people cars as they called has high brand recognition, belong to masses and are loved/hated, most important they are talked about. They touch your sentiments, I am not sure If Tata's small car will be successful or not but certainly is much talked about. This small car project also helps to identify the Tata Motors suppliers which are proactive, ability to take risk and have ability to run with Tata Motors in new projects. The new car project not only challenges the organization from design and manufacturing perspective, it let Tata motors to remove the barriers in the mind in terms of materials, technology and systems. All these will be a good learning points for the organization and can get implemented in many ways in other programs as well. It bring lots of direct and indirect productivity benefits to the organization. The small car project as I understand will be distributed in Knock down kits and assembled by partners. This approach of community building is a major step and can establish Tata Motors as it did for SAP long back in software systems for ERP. New dimensions will evolve in services and it will be a major boost for spare parts business. Success or failure of small car project tata motors will always be beneficiary, however same may not be true for already polluted environment and congested roads.

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Jul 31, 2007

Fruit Bowl in Water Color



Here is something latest and different than marketing for a change. This is latest water color creation I made it for my home. Haven't been able to put it on frame, Some Friends suggested to post it my blog, so here it is. I hope you will enjoy it.

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Jul 16, 2007

Marketing of Open Source Softwares



Recently I read an interesting article on the marketing of Open Source Software. Author claims marketing of open source software is marketing in its purest form. Well I must say it is statement in its purest form. However, some points made in the article seems interesting. The fact that open source software projects are great involvement for the developers and not for the general users certainly drew my attention. Author reminds marketing is not advertising nor it is telecalling. He feels generally people think; marketing is all about conning people, making people buy what they don't need. I feel failure of marketing is evident when it fails to stops the organization to produce or promote something people don't want buy. One of the first thing a marketer does is to define the set of people with a need or want for some product or service. In term of Open Source software marketers have a different challenge, as I assume primarily one develops the software for his/her own need and release it in open source license scheme for people so that a collaborative effort can help people to use the product which is available at lower cost and can be customized as per requirement. Challenge for marketers it to build the community and keep it going. It shall involve people for different walk of life and involve technical and not- technical people. A community that can build and serve the needs each other and grow to involve more people. I compare this to a small village, where it has people providing services and using services of the people in the same community. There is governance to regulate the behaviour of the people in community. Everyone promotes its services and in turn the community get propelled. This is a different world of marketing, one needs to be open, transparent and mindset has to change for command-n-control to collaboration. The governance needs to be flexible and people have to give chance to test and try the projects to others. The best of them excel and give a platform for others to climb. And taking this aspects through the conventional aspect of 4 P's of marketing. Product - Open Source software products are unique as it doesn't comes with the guarantee and warranty. The provider gives you the products in as best form however doesn't assure of usability to your requirement, neither takes any liability for losses you incur. The feature aspects of the product is dependent on the community size and contribution from the community. Pricing - Open Source software are pitched as free software under some conditions. However, one does incur cost in terms of time and resources. The pricing is the most important aspect of Open Source software, as it is pitched as community model, the bigger is community and better is contribution, the more feature rich product is available Promotion- Promotion of the product in some terms is dependent on community again, members of community are the best promoters of the product with word of mouth publicity Placement or Distribution of the product is also done by the community, being in information product category, Internet has been biggest contributor in distribution of the Open Source software. It is cheapest medium of distribution and being the free removes the obstacles of payment issues. The fact marketing of the open source software is most interesting comes from the aspect of personalization, resource sharing and collaboration with Peer to Peer Connection. It poses new challenges for execution , drives innovating thoughts and changes existing rules of game. The marketing in last few decades has changed in the way it is executed, the primary reason being because the product and related aspects have changed in terms of mechanics of physical products or physical evidence related to delivery of services associated with the product. However, what has not changed is the basics of marketing, it is only the application which is now executed in different fashion. As Galileo Galilee Said : We cannot teach people anything; We can only help them discover it within themselves."

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