Considering there is no marketplace discussion section yet, consider the following a free service of knoweldge.
I'm assuming many marketing Gurus are already aware of the following tactic. Having said that, this topic is directly related to those who aren't familiar with it.
If you're ever looking for methods to effectively advertise or solicit a product or service, you may like to consider this very well-renown identity trick. It's referred to as an economic Oligarchy. I'll be using the example of Coca-Cola and Pepsi.
Pepsi and Coca Cola is the world's biggest example of an economic Oligarchy. While the prevailing belief may be that both distributors are separately owned and strictly competitors, the reality is that they are both owned by the same company. They work together to keep product progression and therefore ensure that any other companies trying to enter the market cannot stay in it, at least for a very long time.
I presumed most people know about this already but when I received a PM from a fellow member, my perception suddenly changed. Less people are aware of this than I thought so I figured I'd demonstrate how the concept of an economic Oligarchy can be initialized for online markets, such as ours.
If you possess a product or advertise a service, be it well-know or not, consider soliciting it on various forums under different identities. For instance, I wouldn't advertise my eBook on Monetizing Forums under the same username as that of Hack Forums. I'd choose another to advertise my product and by doing so, I'm creating my own competition but under several identities.
This is something I picked up several semesters ago in college before I transferred out of my Business program. I hope some of you learned something new today and consider using it to your advantage.
I'm assuming many marketing Gurus are already aware of the following tactic. Having said that, this topic is directly related to those who aren't familiar with it.
If you're ever looking for methods to effectively advertise or solicit a product or service, you may like to consider this very well-renown identity trick. It's referred to as an economic Oligarchy. I'll be using the example of Coca-Cola and Pepsi.
Pepsi and Coca Cola is the world's biggest example of an economic Oligarchy. While the prevailing belief may be that both distributors are separately owned and strictly competitors, the reality is that they are both owned by the same company. They work together to keep product progression and therefore ensure that any other companies trying to enter the market cannot stay in it, at least for a very long time.
I presumed most people know about this already but when I received a PM from a fellow member, my perception suddenly changed. Less people are aware of this than I thought so I figured I'd demonstrate how the concept of an economic Oligarchy can be initialized for online markets, such as ours.
If you possess a product or advertise a service, be it well-know or not, consider soliciting it on various forums under different identities. For instance, I wouldn't advertise my eBook on Monetizing Forums under the same username as that of Hack Forums. I'd choose another to advertise my product and by doing so, I'm creating my own competition but under several identities.
This is something I picked up several semesters ago in college before I transferred out of my Business program. I hope some of you learned something new today and consider using it to your advantage.