Wednesday, November 4, 2009

"Don't treat people the same, find the ones that matter more to you, and hug them"

From "Some people are better than others" by Seth Godin

"1. Kindle readers buy two or three times as many books as book readers. Why? I don't think it's necessarily because using a Kindle leads someone to read more books. I think it's because the kind of person who buys a lot of books is the most likely person to pony up and buy a Kindle. I know that sounds obvious, but once you see it this way, you understand why book publishers should be killing themselves to appeal to this group. After all, the group voted with their dollars to show that they're better.
2. Walmart and other mass marketers are now offering top bestsellers for $9 or less each, about $5 less than their cost. Why? Why not offer toasters or socks as a loss leader to get people in the store? I think the answer is pretty clear: people who buy hardcover books buy other stuff too. A hardcover book is a luxury item, it's new and it's buzzable. This sort of person is exactly who you want in your store."

This sort of research has always interested me. The way in which certain people's specific behaviors will dictate a thousand other set behaviors. Some of these seem like the golden key for marketers. I also love that quote... "Don't treat people the same, find the ones that matter more to you, and hug them."

Applies just about everywhere in life.

via Seth Godin

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