Marketing Factoids

  • Music sales in the United States will decline to $9.2 billion in 2013, from $10.1 billion this year. source ›
  • Acquiring a new customer costs about five to seven times as much as maintaining a profitable relationship with an existing customer source ›
  • Consumers ages 18 to 27 say they use the Internet nearly 13 hours a week, compared to viewing 10 hours of TV source ›
  • more factoids ›
JUL 28

Offer Consumers a Meaningful Service

Understand What Your Target Needs, Deliver It and Stick With It

Advertising Age, July 28, 2008 — It's just common sense that if you give a little, you'll usually get a little in return. But to paraphrase President Harry S. Truman, that (inadvertent) font of marketing wisdom, "If common sense were so common, more [marketers] would have it." Marketing is nothing more or less than an exchange of value. The better the value the marketer provides, the more time and attention they'll usually get back from their target. If the value delivered by the marketer is exceptional, then the consumer will pay back the marketer with loyalty and brand evangelism in good times and bad.

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