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I think we have to agree that traditional offline marketing is still a crucial business initiative even in today’s consumer markets. As much as I am a huge advocate of bringing people online and influencing through great online content and virtual social interaction, digital alone will not cut it. Going out there with road shows, direct marketing with flyers and sales promotions are still expected by the buying public, most especially in Singapore (Great Singapore Sale, anyone?)

Which is great for the economy, especially in the current slumpish conditions. But unfortunately, most businesses want to fast track the route to cash. ‘What is the fastest way to push stock and goods?’ ‘Which shopping season will reap the most money for us?’ Hence, the customer neglect.

Segment and predict the market, yes. Understand the market, NO!

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Updated 13/11: This post also appears as a guest blog post on Penn Olson.

I was recently reading an early chapter of Al and Laura Ries’ ‘The Origin of Brands’ and was struck by this concept:

The world’s best and long-lasting brands were typically created by a divergence from an existing product category and that these brands continue to survive not because of their ‘share of market’ but for being first in the mind of consumers.

Consider these examples of divergence and its disregard for market size of the day:

• What was the size of the cola market the day Coca Cola was launched?
• What was the market size of Mac users when Apple launched their Apple I system?
• How about the size of the personal computer market the day Microsoft launched their MS-DOS platform?
• And when McDonald first introduced the fast-food hamburger to the American public, what was the size of the fast-food market?

The answer to these questions: Zero.

However, these brands have proven they have what it takes to survive and prosper all these years. So, why is this possible?
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