Thursday, November 29, 2012

Virgin Mobile

Virgin mobile is now offering I phone on there platform, for thirty dollars a month and NO CONTRACT!!!! this is big because we saw what the iPhone did with sprint it was huge because of the unlimited data. I have a feeling this is gonna be big for Virgin mobile and exactly what they needed for a spike in profits. This is genius especially in these economic times when peoples credit scores are bad and are willing to pay amounts for there phone bill. Funny commercial too!!

Tuesday, November 27, 2012

Gagnam style x coke

Looks like coke is capitalizing on the gagnam style song craze. Here are some pics of there new commercial. This was a smart move advertising wise from coke they jumped on the wave early while its still popular. Lets just see what this does for there sales globally.

Linsanity of 2011

Last year espn did coverage on New York Knicks Jeremy Lin (Houston rockets). The had an entire story and constant promotion about an Asian player dominating in the league. It was so hyped up that he had the number one selling jersey in America over Kobe and Lebron for months. Espn had the perfect sales promotion now only if it was there product they were promoting they would have made out. But still the ratings were incredible that time last year.

Monday, November 26, 2012

eBay sales

I recently found out when you get out bid in an eBay auction whatever your bid was for the item if the vendor or the retailer has more of that particular item in stock they will sell it to you for the last bid you put in. This is a genius strategy simply because it keeps the losing party satisfied even when they have lost the bid. There are no losers on eBay take notes because every business should have a no lose solution for there business.

Cure for a dying market

The r&b music artist 'the weekend' has just released a 3 disc 30 song album as his debut album. It's not a mystery that the music industry has been in shambles for a while so maybe giving the consumer more product for less money will be the key?? Who knows it might just work. As of right now he has a five star rating and is ranked #14 on iTunes.

Monday, November 12, 2012

Bentleys Product pricing

The average price for a brand new Bentley can cost you any from 160k to 275k. The thing that that makes Bentley able to sell a car at a couple hundred grand when the actual cost to manufacture he item is about 10 to 20 percent of the actual cost is your perception of the car. What's amazing is that they spend very little on advertising. Obviously commercials will bring the value down of prestigious vehicles. This is probably because of the target market and what they want from the vehicle. This would be exclusivity and the less people who know about the product the more exclusive. Therefore less views= higher price and of course quality.

Friday, November 9, 2012

Facebook as a marketing tool

The question of when Facebook went public is if it could be used properly as a marketing tool from businesses. For the most part we have seen the big players putting up adds and pages on Facebook but we weren't sure if it worked. This photography company uses Facebook as a tool and they have been getting thousands of likes. So Facebook does work I think it depends on the particular business.

Thursday, November 8, 2012

best salesman ever?

This young salesman uses his personality and humor to sell himself which ultimately sells his product. He is successful because he makes people laugh therefore people like him and people do business with people they like.

Ultimate salesman

It takes a lot to be a good salesperson in class we talked about some things that it takes to succeed in sales. We had brought up Mary Kay and how some people have strong success in this field. I found a gentleman who is part of the legal shield who is a millionaire and has obviously mastered the marketing for this business. He also has a strong belief in what the service he is providing which might be the key to success in sales.