Scarcity principle in marketing works more like scarcity in the area of social psychology than in the area of economics. People give more importance to products which are rare than the products which are in abundance.
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AashishPahwa submitted the following stories to BizSugar
Scarcity Principle in Marketing
Posted by AashishPahwa under MarketingFrom http://www.feedough.com 2815 days ago
How diamonds were made expensive through marketing (they are not rare).
Posted by AashishPahwa under MarketingFrom http://www.feedough.com 2831 days ago
Diamonds are not rare, they are just expensive. This is because of an amazing marketing campaign done by De Beers in the beginning of 20th century.
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Most interesting Brand Advertisement Wars of All Time
Posted by AashishPahwa under AdvertisingFrom http://www.feedough.com 2834 days ago
Advertisement is a great tool of marketig communication. However, many companies use it to gain superiority at the cost of their competitors. This lead to advertising wars.
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What is Ambush Marketing ? How it is used in Brand Wars?
Posted by AashishPahwa under MarketingFrom http://www.feedough.com 2851 days ago
Ambush literally means a surprise attack by someone lying in wait in a concealed position. Ambush Marketing is a marketing strategy where a company ambushes its competitor’s marketing efforts to gain an upper hand in terms of exposure by stealing the spotlight from him.
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9 Reasons why Digital Marketing Strategies Fail
Posted by AashishPahwa under Online MarketingFrom http://www.feedough.com 2858 days ago
We've seen and mocked many Digital Marketing Strategies failures but have never discussed about the reasons behind them. Here are few reasons why digital marketing strategies fail.
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How does Pinterest make money | Pinterest Business Model
Posted by AashishPahwa under Success StoriesFrom http://www.feedough.com 2875 days ago
Pinterest being the fastest growing website has a well defined business model and a growing revenue model. It earns money through the promoted pins but have many features which include ecommerce, content, social networking aspects.
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What is Brand Personality? Definition & Examples
Posted by AashishPahwa under MarketingFrom http://www.feedough.com 2890 days ago
Building a brand personality is important. But knowing what exactly is a brand personality is more important. Know everything about brand personality, its examples, ideas and strategies to build a good brand personality.
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E-Wallets - Everything you should know about prepaid wallets
Posted by AashishPahwa under ResourcesFrom http://www.feedough.com 2891 days ago
E-Wallets have started to take over the market. People prefer prepaid wallets over cash when conducting transactions. These wallets are not same as paypal or masterpass. They make you load the money prior to conducting transactions. Know more.
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Dollar Shave Club Business Model
Posted by AashishPahwa under Success StoriesFrom http://www.feedough.com 2900 days ago
Dollar Shave Club had a simple yet great business model. The marketing team did wonders, and so did the operations team. There's a lot to learn from dollar shave club's business model.
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What is Shotgun Approach in Marketing?
Posted by AashishPahwa under MarketingFrom http://www.feedough.com 2901 days ago
When target audience of the business is too diverse to focus on any one segment, marketers tries to appeal to a wide market of potential customers (everyone) by using various (both Above the line and Below the line) promotional strategies.
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