43
The Great The Great Marketing Myth Marketing Myth Exposed Exposed Needs or Wants? ©George Torok www.PowerMarketing.ca

The Great Marketing Myth Exposed

Embed Size (px)

DESCRIPTION

The great marketing myth is taught by business schools and repeated religiously by many marketing gurus. This presentation exposes that myth and provides a more realistic prospective. The truth is often brutal so be prepared to be discomforted. By George Torok, coauthor of Secrets of Power Marketing. http://www.youtube.com/user/georgetorok

Citation preview

Page 1: The Great Marketing Myth Exposed

The Great Marketing The Great Marketing Myth ExposedMyth Exposed

Needs or Wants?©George Torok www.PowerMarketing.ca

Page 2: The Great Marketing Myth Exposed

Have you heard the great Have you heard the great marketing myth?marketing myth?

Page 3: The Great Marketing Myth Exposed

Find a need and fill itFind a need and fill it

Page 4: The Great Marketing Myth Exposed

Don’t fall for that trapDon’t fall for that trap

Page 5: The Great Marketing Myth Exposed

People often confuse needs with wants

Page 6: The Great Marketing Myth Exposed

Marketers and business owners must understand the difference

WantsWants

NeedsNeeds

Page 7: The Great Marketing Myth Exposed

Your market is not everyone who needs your product.

Page 8: The Great Marketing Myth Exposed

Stop wasting time, money and effort…

…trying to sell to people who you think need your product

Page 9: The Great Marketing Myth Exposed

People don’t buy what they need

Page 10: The Great Marketing Myth Exposed

Consider this

Page 11: The Great Marketing Myth Exposed

Who needs to go Who needs to go to fitness clubsto fitness clubs??

Page 12: The Great Marketing Myth Exposed

Unfit peopleUnfit people

Page 13: The Great Marketing Myth Exposed

But, who goes to fitness clubs?

Page 14: The Great Marketing Myth Exposed

Fit people

Page 15: The Great Marketing Myth Exposed

Have you ever heard someone say “I really need this”?

Page 16: The Great Marketing Myth Exposed

I need a drink

Page 17: The Great Marketing Myth Exposed

I need new clothesI need new clothes

Page 18: The Great Marketing Myth Exposed

I need a vacationI need a vacation

Page 19: The Great Marketing Myth Exposed

What they meant was…

Page 20: The Great Marketing Myth Exposed

I want

Page 21: The Great Marketing Myth Exposed

Have you noticed that people often don’t buy the things that they need?

Page 22: The Great Marketing Myth Exposed

I’ve noticed that many dog owners need to take their dog for

obedience training

Page 23: The Great Marketing Myth Exposed

Drive around the Drive around the neighborhood and you might neighborhood and you might notice that some home notice that some home owners owners needneed a new roof a new roof

Page 24: The Great Marketing Myth Exposed

Many businesses need to train their staff to improve customer service

Page 25: The Great Marketing Myth Exposed

But those dog owners, home owners and business owners don’t want to buy what they need

Page 26: The Great Marketing Myth Exposed

So, don’t waste your time and money trying to market and sell to people who don’t want your product

Page 27: The Great Marketing Myth Exposed

Instead, market to Instead, market to those who those who wantwant your your productproduct

Page 28: The Great Marketing Myth Exposed

My mentor gave meMy mentor gave me this strange advice this strange advice

Page 29: The Great Marketing Myth Exposed

Sell to the greedy, Sell to the greedy, not the needynot the needy

Page 30: The Great Marketing Myth Exposed

That might offend some of you – but think about it

Page 31: The Great Marketing Myth Exposed

Who Buys?The needy or the greedy?

Page 32: The Great Marketing Myth Exposed

The businesses who tend to hire The businesses who tend to hire me for marketing help don’t really me for marketing help don’t really need my helpneed my help

Page 33: The Great Marketing Myth Exposed

They are already They are already market leadersmarket leaders

Page 34: The Great Marketing Myth Exposed

AndAnd they want to be better they want to be better

Page 35: The Great Marketing Myth Exposed

The ones who really need my help are often unwilling to realize that

Page 36: The Great Marketing Myth Exposed

Improve your Improve your marketing results by marketing results by selling to those who selling to those who wantwant what you sell what you sell

Page 37: The Great Marketing Myth Exposed

Don’t waste your time trying to sell to the ones who only need what you sell

Page 38: The Great Marketing Myth Exposed

Sell to the greedy, Sell to the greedy, not the needynot the needy

Page 39: The Great Marketing Myth Exposed

Improve your Improve your marketing results by marketing results by selling to those who selling to those who wantwant what you sell what you sell

Page 40: The Great Marketing Myth Exposed

ReCap

Page 41: The Great Marketing Myth Exposed

Free Marketing TipsFree Marketing Tips

http://PowerMarketing.caGet your free copy of “50 Power Marketing

Ideas”

http://Twitter.com/MarketingZooFollow daily marketing tips on Twitter

Page 42: The Great Marketing Myth Exposed

Contact George Torok

Call 905-335-1997

Visit www.Torok.com

Follow www.Twitter.com/GeorgeTorok

Coaching for the business owner, training for your staff and keynote speech for your association conference.

Page 43: The Great Marketing Myth Exposed

The Great Marketing The Great Marketing Myth ExposedMyth Exposed

Needs or Wants?©George Torok www.PowerMarketing.ca