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Just my thoughts #0389

Peter Drucker stated that marketing is not the same as sales; instead, it aims to make sales unnecessary. He also mentioned that marketing is not just the final step in production but occurs at every stage from beginning to end. Furthermore, a company’s functions can be categorized into marketing and innovation. While sales are vital for generating revenue, it’s crucial to grasp the concept that marketing makes sales redundant. Many companies struggle because they fail to understand this concept and incur losses from unnecessary expenses. - Joseph’s “just my thoughts”

Just my thoughts #0249

When a prominent cultural innovator escapes monotony and creates an alleyway that embodies a fresh cultural identity, a new attraction emerges, making latecomers envious of this hideout. As the number of visitors grows through word of mouth, real estate prices in the area rise, and landlords are quick to seize this opportunity. Ironically, while the initial pioneers revive the area, gentrification follows due to increased rents that force them out. Landlords hike the prices, often unaware of what prompted the rise, leading to another phase of desolation for the neighborhood. The area gains popularity as visitors share photos on Instagram, highlighting that the surge in property values is fueled by social media rather than by the building’s owner. Ultimately, symbols overshadow actual substance. - Joseph’s “just my thoughts”