This Is Marketing: You Cant Be Seen Until You Learn to See


Market-driven: Who’s driving the bus?



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[ @miltonbooks] This Is Marketing

Market-driven: Who’s driving the bus?
Every organization—every project—is influenced by a primary driving
force.
Some restaurants are chef-driven. Silicon Valley is often tech-driven.
Investment firms in New York are money-driven, focused on the share price
or the latest financial manipulation.
The driver, whichever one you choose, is the voice that gets heard the
clearest, and the person with that voice is the one who gets to sit at the head
of the table.
Often, organizations are marketing-driven. They’re slick, focused on the
offer, the surface shine, the ability to squeeze out one more dollar.
I’m not really interested in helping you become marketing-driven,
because it’s a dead end.
The alternative is to be market-driven—to hear the market, to listen to it,
and even more important, to influence it, to bend it, to make it better.
When you’re marketing-driven, you’re focused on the latest Facebook
data hacks, the design of your new logo, and your Canadian pricing model.
On the other hand, when you’re market-driven, you think a lot about the
hopes and dreams of your customers and their friends. You listen to their
frustrations and invest in changing the culture.
Being market-driven lasts.
The myth of rational choice


Microeconomics is based on a demonstrably false assertion: “The rational
agent is assumed to take account of available information, probabilities of
events, and potential costs and benefits in determining preferences, and to
act consistently in choosing the self-determined best choice of action,” says
Wikipedia.
Of course not.
Perhaps if we average up a large enough group of people, it’s possible
that in some ways, on average, we might see glimmers of this behavior. But
it’s not something I’d want you to bet on.
In fact, the bet you’d be better off making is: “When in doubt, assume
that people will act according to their current irrational urges, ignoring
information that runs counter to their beliefs, trading long-term for short-
term benefits and most of all, being influenced by the culture they identify
with.”
You can make two mistakes here:
1. Assume that the people you’re seeking to serve are well-informed,
rational, independent, long-term choice makers.
2. Assume that everyone is like you, knows what you know, wants
what you want.
I’m not rational and neither are you.



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