The ultimate marketing? What can that be? Well it is none other than the consumer’s favorite four letter word “Free”. The very concept of it is intriguing and thought provoking. I had in a previous post (“Beware of free”) spoken about how free can be a game changer. Well it is much more than that !
Imagine you travelling from London to San Francisco and you get a discount on your ticket ! You are elated ! Moreover you have heartfelt gratitude towards the airlines for providing you this waiver. Now imagine how you would react if there is 100% waiver?
You visit the nearest comic book store and decide to get your hands on the latest Batman comic! To your surprise the shopkeeper gave it to you without charging a penny.
Are you dreaming? No. You were used to getting discounts right? so why not a 100% discount? Well the airline or the shopkeeper isn’t doing that for free- Your airlines trip as well as the comic book will be ad supported. It is through these ads that both the parties will make more money than by charging it from you. This indeed is the ultimate form of marketing.
You might like reading:
Flights to Nowhere – Is it the new future of airlines ?
The aviation industry has been among the worst hit sectors amidst the covid19 scenario. Owing to the travel ban which was imposed in most of the countries, the sector has faced huge and significant losses. In many cases, for pre-booked flights, airline companies started offering travel vouchers valid as late as 2022 for cancelled tickets. The Indian aviation industry was […]
The B(ig) Dilemma: Which B-School is right for me?
Post CAT, XAT, NMAT, CMAT and all those other results, there are only two situations- waiting for at least a call or a dilemma which B-school should I join ‘if’ selected? To help you clear this dilemma once for all, let us go step by step- first let’s start with understanding what are the common myths that may cloud your […]
