Showing posts with label marketing. Show all posts
Showing posts with label marketing. Show all posts

Friday, February 13, 2009

The other is a hell..

I love movies. I am a movie freak and I watch them because they are not real. I am already living a real world. Whenever I enter a movie hall, I expect that the movie will entertain me but the problem arises when movie start depicting the real world. The same problem is with Zora Khan directed "Luck By Chance". It is too realistic and too slow. It got the 4/5 stars from the best critics in the country but for me it is worth of one star and too because of Hrithik Roshan's dance number.  
This also form the basis of my disliking of Madhur Bhandarkar's movies. 
But what I gain from "Luck by chance" is this blog title. Nobody in this world is perfect. Every person on this earth is gray and nether black nor white. Black denotes the darker side of a person, the evil, the hell and Beelzebub. On the other side white is pure, sacred, sanctified representing GOD. Human beings have the qualities of both the worlds. He is mixture of achha and bura, therefore he is gray. Today movies are showing the same human characteristics.

In real life, we also look for black and white side of person. We never see him as gray and since black get highlighted very easily we started treated him like devil. We should remember moon is very beautiful but still it has black spots. Sun gives energy, light and make life possible on earth but still it is made up of hot gasses - and if you want to touch it, your hands will get burned. We always consider rose to be very beautiful without considering it has thorns. We always say Ravana was monster but he was the biggest devotee of Lord Shiva. 

We always appreciate Coca Coal for making great rural marketing strategy and coming up with 200ml coke bottle and we forget that coke is responsible for water shortage in many villages where they have their plants in operations. The problem is that we never want to accept a fact that every human being is mixture of black and white and that we fail in relationships.

The only solution to the problem is that we should stop reading others mind especially when you are in some kind of relationship like husband/wife or friends. Do not try to estimate what my friend think of me. It is not important because the more important is what I think of my friend. If someone loves me and I don't then I cannot stop him. If you try to read the other person minds you always find a 'hell' because every person is mixture of black and white and we identify black stronger than white. 

 

Thursday, January 15, 2009

10 principles of Marketing: Core lie in Second

Welcome back!!
I got lot of criticism for the first part. Keeping all the criticism in my mind, I remember a dialogue from the film Guru where Abhishek Bachhan say, "Jab log burai karne lage to samjho tarraqi kar rhe ho" (if people starts criticising you that means you are progressing). Never the less, I am back with my second principle of marketing.

Chalo phir dukaan kholte hain!

5th January 2009
I wake up early in the morning around 7 a.m. For me it is very early because I used to sleep around 4 a.m. in the night (or almost dawn) and used to get up around 10a.m. It is very common routine of any MBA graduate - late to bed and late to rise makes a man MBA-wise (its a PJ). Since I have to wake up early in the morning therefore I slept one hour early. 

I was filled with full of enthusiasm and confidence. I was already shortlisted for one company as if now. I have to fill the form of the company in the night only and submit it before 8 a.m. I worked very hard for last one and half months. I read newspaper daily - the most boring and time consuming task. I never like reading. Reading was used to be my sleeping pills but this time it has to be winning pills. I brushed important subjects and specifically marketing subjects. I already talked about Mr. Kotler in my earlier post, thus no need to give another brownie points to Mr. Kotler. I visited some news sites regularly - (apart from my favourite one - buzz18.com, afaqs.com, ibnlive.com and some erotic site). 

One of the important part of my preparation was of HR questions like "Tell me about yourself". I think it is the most useless and meaningless question in an interview. Why the hell any company is interested in my personality and why they want to find out logical reasoning behind any job performed in my whole career - whether it is academic or personal? Why MBA after engineering? Why not M-Tech? Why Marketing? Why not join your father business? Why you want to join the company?
I am sitting in your company that suffice my point of joining your company. I am not spy of your competitor - be sure. Look for knowledge and capability and not for personality fit. Why the hell any company care about my personal life. Raat ko ghar aane ke baad kya karta hoon tumhen kya karna. I know most of the readers might disagree with my stand but does it not make sense - think for a while.

Lets not deviate from our core issues. I prepared all such stupid questions. The day started on good note with some more shortlistings. But slowly peril was starting to enter my life. Out of 9 companies on the campus I was shortlisted only in 4 and the worst part was that I could not clear any GD. I thrust my life of MBA in building my cv with lot of extra-curricular and I could not excelled in GPA. It still hurting me a lot. 

Never the less life goes on. But there were many things which caused me to regret for going for mba. Recession has already hit the job market very badly and icing on cake was done by our authorities. Inefficiency and mismanagement was the call for the day. We are all humans and therefore we entitled to make mistakes but there is something called scruples. If you care just for friends and beloved then no point in doing social work where you have to take care the whole society into consideration.

Though I miserably failed in GD rounds but it gave me another perspective of marketing. GD is like a marketplace or sabji bazaar where each aloo is screaming on top of its voice. Mujhe le lo, Mujhe le lo - I am the best! - This is what I can make out of discussion. Now if you ever been to sabji bazaar to buy potatoes, you would consider two things before purchasing any potato - first, potato should not be rotten and second, it should be suit my budget.  First condition is lower limit whereas the second condition is upper limit. Out of both conditions, first is very important because any buyer does not want to make Type II error. He can reject a good potato but he never want to buy a rotten potato. Second condition is more like constraint for a buyer than a condition. The whole situation describe above is exactly similar to GD process where an HR looks for good potatoes but keeping the upper limit in his mind and for him the upper limit is just not the compensation but also the cost of training and above all the cost incurred by the company if he leaves the job. So an HR is not looking for the best people, he is looking for the right people. 

We can conclude from the above discussion that to get sold, you need to be the right person instead of the best person. How can you be the right person? This is very subjective question and definition will differ with each company. But certainly we can have some kind of generic approach. There can be two ways to make you a right person.

First is be what you are. Some company will purchase you as they find you fit with their organization. The problem with this way is you have to wait for your company and sometime your cv would not get shortlisted in the initial phase only forget about GD. Another problem is that you may not get the best company and you only get the right company. The biggest advantage is that you don't have to work hard because you have to just yourself!!

Second way is to mould yourself according to a particular company. It requires lot of diligence. You have to search for each company's in and out details, latest happening in the company, work culture and especially organization structure. This method is quite powerful but sometime you will  get caught in the interview. 

I always try to follow first way and there still I am looking for my right company. This is actually a product concept in marketing. A concept in which you have a product of best quality but that cannot satisfy the need of any customer. Thus it is better to go for second concept which is Marketing Concept where you become customer centric. First you identify the need of customer and then develop a product to fulfil that need. It is important to sell the product but how can a person buy it if the product does not satisfy his needs?

So the second principle state that "Sell Customer needs rather than a product"

Wednesday, January 14, 2009

10 Principles of Marketing - First and the most important!!

When clock struck 12 on 31st December 2008 night, it brought lot of hopes and aspirations. We all celebrated the movement of new year into our lives with our friends.  We hugged each other wishing everybody to get placed soon because we had only one thing in our mind and that was "Placement". We were having our placements from 5Th January and I never thought that it was going to be the toughest time of my life. Being a part of one of the best institute of the country and in a stream which is least effected by recession. I thought it would be quite easy for me to get a good placement, but I was wrong. It also gave me inspiration to write a blog on my current situation instead of describing what I did 10-15 yrs ago. I am sharing some of my experiences - good or bad - with all of you and each experience highlights one of the principle of marketing.

So dukaan kholte hai - 

1st January 2009
This is the most crucial year of my life. I am going to be out in this cruel but interesting real world. I woke up around 12 in the noon after long bhasad in the night with friends. It was more or less a normal day where I started noting down the important points from the 'Bible of Marketing - Mr. Phillip Kotler - 12th edition' - book which all marketers must be well worse with it. I already read this book three times before and it was Fourth time I was reading and this time I was also writing points on my lappy. I though it would create a competitive advantage for me in GD and especially in interview.  Vaise, I never understood the meaning of competitive advantage till now. Am I competing with anybody or I am vying with myself? And if I am vying with myself then where is the advantage. How can a person have an advantage over himself/herself? ---- a mind wobbling  questions?? like what comes first egg or hen?? or is the glass is half full or half empty??

The day also marked the first open house of our beloved placement committee of the year. PlaceCom a acronym for our placement committee is the most prestigious and hard-working student body in our college. We take their words as "pather ki lakeer" and we treat PlaceCom people as our "Mai-Baap".  They have their own office with everyone on the campus to assist them. We always support them. We stood by them because we know they are the best people on the campus and they are devoting their precious time for our placements. It is a selfless social work. We all trusted them from our hearts. But things are not always remain same. Daylight turns into darkness and spring turns into hot and itching summers.  

The slotting details of the companies was discussed ........ sorry .......... was announced in the open house. I was very confused. Should I get excited or should cry or should blame my fate. Though the number of companies were 50+ but I was worried about the certainty of the companies turning on the given day. It was a mixed feeling. I thought it was best to get placed on day 1 only because the chances of getting good companies with good profiles and packages would be narrowed as the placement week reaches its end.

I slept with lot of hopes in the heart and pray to God to provide me the best opportunities.

It is the hope and aspiration which one sells and other buys. Placecom sold us the hope and aspiration of getting placed and we bought it. It is the hope that creates your world and it is the aspiration that makes your world. It is the hope you communicate to others and it is the aspiration that receives from others. This stands true for every product and service and therefore every marketing activities. 

This is the first principle of marketing - "Sell Aspiration in the package of Hope"