Marketing. knowledge and earthquakes have a lot in common. By the time you model and analyze the data the event has already happened. Working after the fact, reactions are behind the curve. And no matter how hard you study the past, it will not give you all that you need to know for the present. You can plan and anticipate, but it can not predict the next event. You can only fall back on everything you know about earthquakes and/or your business - and that resides within knowledge of established habits and practices. In marketing to consumers, only the ability to create new knowledge, that which does not yet exist (so it can not be gathered and measured) can put you in control and position you ahead of the curve to jolt an industry, business, category, segment or brand like the image here.
Thursday, July 31, 2008
THE SIMILARITIES OF EARTHQUAKES, MARKETING AND KNOWLEDGE
Marketing. knowledge and earthquakes have a lot in common. By the time you model and analyze the data the event has already happened. Working after the fact, reactions are behind the curve. And no matter how hard you study the past, it will not give you all that you need to know for the present. You can plan and anticipate, but it can not predict the next event. You can only fall back on everything you know about earthquakes and/or your business - and that resides within knowledge of established habits and practices. In marketing to consumers, only the ability to create new knowledge, that which does not yet exist (so it can not be gathered and measured) can put you in control and position you ahead of the curve to jolt an industry, business, category, segment or brand like the image here.
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