One of the better hindi movies. Great performances, narration and presentation of a complicated subject. Recommended for viewing.
Tuesday, February 26, 2013
Saturday, February 23, 2013
Strategy lessons
Work to commoditize your complements, this would in turn increase the demand for your products.
In the past, Microsoft flourished as the PC market got commoditized with lower PC prices meaning increased demand and more revenue from OS and software sales for Microsoft. Google is now challenging Microsoft. Google offering word, excel and powerpoint for free is to weaken Microsoft control in OS as these 3 are great application complements to the windows OS.
In the past, Microsoft flourished as the PC market got commoditized with lower PC prices meaning increased demand and more revenue from OS and software sales for Microsoft. Google is now challenging Microsoft. Google offering word, excel and powerpoint for free is to weaken Microsoft control in OS as these 3 are great application complements to the windows OS.
Thursday, February 21, 2013
Challa connection
At 2:55am on a Thursday morning, I feel happy to find out that the original Challa sung by Gurdas Mann was composed by Late Jagjit Singh. No wonder the song is legendary. Here is a classic recording of Jagjit Singh available for a limited time courtesy BBC: Link
Sunday, February 17, 2013
The right Pricing strategy
What is it? Here is a quick snapshot of my nascent understanding. From my readings it is a combination of the following aspects:
0) pricing strategy should be in sync with your marketing strategy and not convey a message which undermines the entire marketing strategy
1) price products based on EVC (economic value to the consumer), never do cost-plus pricing and never indulge in price war
2) always have multiple price point offerings, different price for different segments
3) have the right price metric in place, sometimes bundle products (Mac value meals) or unbundle (airlines)
4) never do anything that gives consumers a hint of unfair pricing, behavioral responses hurt more than you imagine
5) always think about competitive actions never ignore competitive forces from the equation
0) pricing strategy should be in sync with your marketing strategy and not convey a message which undermines the entire marketing strategy
1) price products based on EVC (economic value to the consumer), never do cost-plus pricing and never indulge in price war
2) always have multiple price point offerings, different price for different segments
3) have the right price metric in place, sometimes bundle products (Mac value meals) or unbundle (airlines)
4) never do anything that gives consumers a hint of unfair pricing, behavioral responses hurt more than you imagine
5) always think about competitive actions never ignore competitive forces from the equation
Thursday, February 14, 2013
Pricing
Something about pricing has always interested me, to squeeze the maximum out of your end customer is a fascinating topic if you ask me. A marketeers ability to increase the perceived value of the product in the eye of the customer is critical to charge premium dollars. A good marketeer is one who can successfully shift the perceived value of the product in the eyes of customer to be equal to the objective value of the product.
Love pricing! Would love to help start-ups or SMBs come up with best pricing strategies
Love pricing! Would love to help start-ups or SMBs come up with best pricing strategies
Sunday, February 10, 2013
Friday, February 08, 2013
Good music comes in waves
Just when I had given up on the quality of music in the last couple of months, I heard Kai Po Che tracks. Just 3 of them and loved them to the core. This one is my current favorite "Meethi Boliyan". I love the word "Sobte"that comes in this song. "Sobte" in hindi means association and in this song means association with buddies for life. Time comes when you want to be with your real sobte of life.
Check this song here: Meethi Boliyan
Music Director: Amit Trivedi
Lyrics: Swanand Kirkire
Check this song here: Meethi Boliyan
Music Director: Amit Trivedi
Lyrics: Swanand Kirkire
Wednesday, February 06, 2013
Song in my head
Benny Dayal and Shalmali Kholgade nailed it on this one from Race-2. My favorite track these days. The best part is when Shalmali says the word "sharat".
Power of advice
I wish we could all be mature to not offer advice to people in misery or whom we judge are not doing so well. Sometimes a pat on the shoulder, a hug is all they need.
Subscribe to:
Posts (Atom)