Quotes About Market

No one will ever declare you as the expert, the authority, or number one in your market… this is something you need to choose to do for yourself.

Without any clear product difference, Lever could not dislodge Ivory, and ultimately withdrew from the market.

Unlike brand-building activities, most sales promotions are easily copied. In fact, competitors must retaliate or suffer unacceptable losses.

What a business does (the way it competes and where it chooses to do so) usually is easily imitated. It is more difficult to respond to what a business is, since that involves acquiring or neutralizing specialized assets or skills. Anyone can decide to distribute cereal or detergent through supermarkets, but few have the clout to do it as effectively as, say, General Mills.

Most firms will focus efforts upon one brand, protecting its position by pursuing a given positioning strategy. New segments are usually therefore uncovered by competitors who are attempting to gain a position in the market.

the development of brand equity can create associations that can drive market positions, persist over long time periods, and be capable of resisting aggressive competitors. However, it can also involve an initial and ongoing investment which can be substantial and will not necessarily result in short-term profits. Payoffs, when they come, can involve decades. Thus, management of brand equity is difficult, requiring patience and vision.

There are signs that the age of petroleum has passed its zenith. Adjusted for inflation, a barrel of crude oil now sells for three times its long-run average. The large western oil companies, which cartellised the industry for much of the 20th century, are now selling more oil than they find, and are thus in the throes of liquidation.

Profits in business always depend on the rate of interest: the higher the interest, the higher the rate of profit required.

To give money to a woman - and here I must speak as a man - is to deny her special quality, her irreplaceability, and reduce her unique amiability to a commodity. Money takes away her name, while transforming her lover into a nameless customer of a market of appetites.

If you destroy a free market, you create a black market.

The tendency for more market-like property rights and relationships to develop near the top of an economic hierarchy or, in rarer cases, across the whole economy, as societies emerged from poverty, is an important characteristic of social organization. It is equally important to note that the most common organization of agricultural society historically has been essentially feudal, with market relations at the top and the closed village system at the bottom.

So I think the winners in recession are the people who produce new technology that does things better, which people really want.

Hollerith learned a lesson that all vendors of data processing devices and computers have learned at some point: that the biggest market for information processing systems is usually not the government sector, still less scientific or mathematical laboratories, but the offices of commercial organizations.

Hollerith regarded engineers as backroom boys who worked best when they were left alone. Watson, on the other hand, was quick to chase engineers out of the laboratory and into customers' offices to find out precisely what functions and features customers needed from their machines.

The full costs of consumption beyond market prices are hard to determine and hard to see, and they are typically underestimated. The benefits of consumption, by contrast, are immediate and tangible, and they are typically overestimated, thanks in part to an enormous and enormously sophisticated marketing apparatus. This asymmetry contributes to our overconsumption.

Best Products Company

In a broader sense, visualizations inform strategy. They are a key way of seeing the market from the customer's perspective. Mapping experiences isn't a nice-to-have design tool; it's a must-have for strategic alignment.

Este «autoengaño en las reservas de la compañía conduce casi siempre a unos niveles de tarifación en el sector que no son los apropiados», indica Buffett. «Si los agentes principales del mercado no conocen sus verdaderos costes, los efectos secundarios competitivos afectan a todos, incluso a aquellos que tienen un conocimiento apropiado de cuáles son sus costes».

The point here is this: progressivism is best understood as a reaction to liberalism. Progressivism stands for the proposition that freedom, liberty, voluntary cooperation and the free market are not enough. To best improve life, the state must intervene with men and women carrying guns and willing to use them against resistance and break up those voluntary relations and impose its will by brute force to achieve different and presumably better results.

Ninety percent of wine produced in the United States is sold to retailers and consumers through distributors

This means that thousands of wine firms must compete to sell their products through a relatively small number of highly concentrated distributors.

Advertise, or go under.

Whether people like it or not, the fact remains that unless you continually increase sales you must either lose money or cut down quality.

Lots of people are not in the business you think they're in. Xerox, for instance, is in the business of selling toner cartridges. All that mucking about they do developing high-tech copying and printing machines is just creating a commodity market in toner cartridges, which is where their profit lies. Television companies are not in the business of delivering television programmes to their audience, they're in the business of delivering audiences to their advertisers.