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Interesting, when I read the scenario I thought that most people would pick A, but be better off with C. Something that Dan Gilbert wrote triggered this - he stated that pairwise choice for most consumer products makes no sense because you are only going to take one product so you should see how a single product works.
How To Make Better Choices
By Steve Martin, CMCT A recent article published in the Journal of Consumer Psychology has got me thinking about recruitment. But before we talk about that, I’d like you to imagine you are in the market for a new Wide Screen High Definition TV. I’m going to offer you three scenarios and ask you...
Content marketing is another version of what used to be called solution selling
The theory goes back to the mid 20s, and the main difficulty with it is that it is so heavily procedural - I fear much like the additions that you are proposing.
Marketing just makes cold calling slightly warmer, no amount of automation can hide the fact that your sales staff have to pick up the phone and start to find out if and when they can help.
Content Marketing Needs More Than Content
A lot of companies have embraced the idea of content for use in marketing. This being said, there's much more to the practice of content marketing than just cranking out content. B2B companies with complex sales that overlook the strategy and process will find themselves in the weeds in short or...
Gary, the big problem here is the lack of credible partners in the drug business.
In the 30's, the Americans could turn to the Seagram and Bronfman families in Canada to control the legitimate trade in alcohol. Those were families the you could do business with.
But, after 30 years of "the war on drugs" the Americans find themselves unable to nominate a single drug cartel family that they can do business with.
Bit of a problem if you want to decriminalize the product.
The American War on Drugs is Not Only an American Disaster-Becker
Perhaps the “war on drugs”, initiated by President Nixon in the 1970s, was worth starting, in part for the reasons Posner gives. I say “perhaps” since I have always been skeptical of the war, particularly in light of the disastrous American experience with prohibition of alcohol between 1920...
You would think that they would want to manage the secondary market and not destroy it.
"Paperless" Ticketing for Concerts, Ballgames, Etc.
Read here about how concerts and ball games may move toward so-called paperless ticketing. You'd have to buy the ticket by credit card or ID card, and then the only way to get into the event would be to swipe that card at the event, which would then generate a receipt telling the consumer wha...
Joel, you might want to alert your readers to this thread, which discusses the IRS perspective on this practice.
http://www.bluemaumau.org/6941/irs_expert_give_warning_rollover_industry
Should You Use Your 401(K) To Fund Your Franchise Business?
Starting a franchise business? Getting a loan to do it? From who? There's always some controversy around the topic of using your own retirement funds to fund a portion of your start-up business. Some folks say never. Some folks say why not? Here's what I say.......... Read More About ...
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