

Mohnish Pabrai Talk at TiE SoCal (Irvine, CA) on Marketing & Branding - Feb 24, 2014
4 snips Mar 28, 2020
Discover the critical science of marketing and branding, emphasizing authenticity and adaptability to cultivate strong customer relationships. Learn how effective marketing can reduce traditional sales efforts, making interactions more efficient. Hear about the power of cloning successful ideas from industry giants and personal insights from a notable investor. Delve into the distinction between inner and outer scorecards while exploring the significance of true values. Finally, grasp the balance needed between customer feedback and independent research for smarter market strategies.
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Define Market To Win 60% Share
- Define a narrow market segment and design to capture roughly 50–60% of it before you launch.
- Planning to take a tiny slice of a huge market without deep segmentation is a fatal error.
Strengthen Marketing To Reduce Sales Burden
- Focus disproportionate effort on marketing so the sales engine can be light and efficient.
- Weak marketing forces you to spend far more time and energy on costly sales activities.
Market Only Truthful, Compelling Value
- Only market claims that are truthful and that genuinely improve the customer experience.
- If your product is substandard, dressing it up will fail because customers sense the dishonesty.