Friday, August 10, 2007

Business@Lack Of Thought

Imagine this: You own a rich stock of an absolutely non-essential good that half of the world does not want. Now, the powers-that-be have forbidden the explicit purchase of said stock and have prophesized terrible things (power cut during mega serial, gold price dropping _after_ you buy expecting a rise) who do not heed their words. Consider that said target audience have a strong belief in all prophecies and sundry, so much so that they would undergo worser things to ward them off. Now, you have a sea of stock, a bunch of doomsday predictions and an absolutely uninterested market. To paraphrase Dirty Harry, "Do you feel lucky ?? Do you ??".



"Draft a personal marketing policy considering individual buyer behavior", says the Yale graduate. "A cross-sectional deep dive of data needs to be collected", announces the one from Dartmouth. The Cornell graduate says "We need to try the 'Lionel Robbins' theory to verify the market's liquidity before trying anything". The shop-keeper at the corner of North Usman Road yawns and announces "Aadi Mega ThaLLupadi" thereby proving the killer marketing theory of all - the one immortalized by a leading economist of South India, Mr. Kounda Mani - "Free Giving, Phenyl Drinking".

The trick is straight forward and the worst kept secret after 'Who is India's real Prime Minister'. Calculate price X, Increase the price to Y, decrease the price to Z such that Z is greater than X. Don't pray and waste time. Just open the doors wide open and start raking in the moolah. Still no crowd ? Rope in some 'artistes' depending on your budget. Choose from Sneha hip-hopping in Times Square to some dial-in show hosts from Sun Music selling clothes to a mermaid (who, incidentally, is known for wearing nothing or next to nothing (in case of children's books)). If nothing works, try the Saravana Stores (the Real Madrid of the ad world - all stars, no bizz) way where, as a climactic touch, the CEO walks up to the TV screen with a big smile. The TV goes kaput, but business goes ka-boom. Hard to believe, I know. But ask the lady smiling end-to-end at the pseudo-killer bargain she made, and you decide to quit your Ivy League college and open a platform shop on North Usman Road.

Courtesy AMT, some shops which are largely unknown outside the corner of the street they are in manage to get serious air time, Market-out actors get a new lease of life, TV channels manage to fill out their ad slots like a breeze, Ranganathan street defies physics and other known human sciences yet again, the saree stores clear unwanted stock and get paid for it, people buy stuff that they don't require and yet convince themselves they are the winners. In every corner of every shop, the quintessential shopping companion carries diapers, feeding bottles and has leaves sprouting off his feet. Yep, that's about even.


Read on ... (at your own peril, obviously) ...