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.

In this form of promotion- it is mutually beneficial for both the parties. It ensures wider circulation of his product thereby increasing his and his sponsors’ chances of becoming a popular choice among the consumers and the buyer gets it for free ! leading to a winning situation for everyone.
Tags:

You might like reading:

Business of Valentine: How you spend while buying love?

Happy Valentine’s Day! These three words definitely rings a bell in everyone’s heart. Suppose you propose a girl, with cupid’s blessings, and the pretty creation unfortunately breaks your heart. You must be feeling terrible! But so what? There must be a greeting card or a song specifically for the moment. So in essence, your cash outflow is guaranteed whether the […]

1 comment

Athlos: The Annual Sports Meet of XIMB captures hearts in its 7th edition

Sports play a pertinent role in the life of an individual. They spread the hope, good-will and unity among the people and are an integral part of education. XIMB, is well known not only for its academic rigor but an excellent sporting environment having state-of –the-artequipment and infrastructure for all kinds of sports. The stage for the seventh edition of […]

0 comments
0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Follow us

©2010-2023 IdeasMakeMarket.com |Contact Us | T&C | Privacy Policy

 

Log in with your credentials

or    

Forgot your details?

Create Account