BUSINESS IS ALL ABOUT SHARING

Tweet

In June 2014, Google launched a new version of Android named AndroidOne that would help smartphone makers to make very cheap smartphones. This latest software platform will be launched in India first in collaboration with three smartphone manufacturers: Micromax, Spice and Karbonn. Google has partnered with these three manufacturers so that they can pool in resources and make high quality, low priced smartphones.

   

The mission?

Google and the head of its Android division Sundar Pichai want the next one billion smartphone users to be their customers.

How?

Google will do all the hard work. It is figuring out all the material costs and giving support to all the low-end smartphone manufacturers. And not just the software support, but also the hardware support. This is being done to decrease the total cost of the phone to try and keep it under $100. Add to this the fact that Google will also invest Rs.100 crores with its partners on advertising and marketing of the $100 smartphone!

Why is it doing this?

It’s putting in this hard work on the hardware and software fronts so that eventually, these smartphone users start accessing Google’s services like Google Play, Google Store etcetera, and this would in the long run increase Google’s profits. More importantly, it would help it fight competitors like Nokia (Windows platform from Microsoft). Not just this, but having more users means more data and more advertisements... and consequently more money for Google.

TALK VISUAL

Tweet

Michael Jackson returned to the stage last month in May to dance to the beats of the song “Slave to the rhythm” from the recently released ‘XSCAPE’ album. A ‘virtual’ Michael Jackson took on the stage and set it on fire. He made it to the headlines across the globe. The general public, the fans, the music lovers, the media itself could just not stop talking about it.

Back in India, in May, another superstar used the same technology to address dozens of rallies in the remote towns all over the country. From Andhra Pradesh to Bihar, from Allahabad to Nainital, he addressed more than 800 such gatherings leaving the voters awe struck and mesmerized. Yes, that was Modi, who too like Michael Jackson used the ‘hologram’ technology to reach out to the maximum number of people and convince them to vote for BJP. Going by the results, it seems to have worked out fantastically well for both Michael and Modi.

NEVER SAY NEVER, NEVER HEAR NEVER

Tweet

Last month Wal-mart kicked off a reality television series for the web named ‘Get on the Shelf ‘. This series featured 20 finalists of Wal-mart’s contest by the same name. It’s aim being to encourage the spirit of entrepreneurship and help some lucky ones get a break. The public was given 3 days to vote for their favorite entrepreneur .The winner of each episode , that is the one with the highest votes would then be allowed to sell his goods on Walmart.com.  Out of these winners the ‘grand winner’ would be the one who would get the maximum pre-orders on walmart.com. This grand winner would then get the opportunity to sell his product inside the  Wal-Mart stores . It’s a dream for any brand, any businessman, to see their product on Wal-Mart store shelves, and this television series (for the web) will help someone’s this dream come true!

The key point here is – the winner will be the one who can ‘sell’ the most. In entrepreurship this is the key element. It is also an element that in spite of being so important is ignored by many. The fact remains that it does not matter how good your product is, rather what matters is how well you could ‘sell’ it. 

“Being an entrepreneur means being a salesman” – this was the key mantra for success that was given by Niklas Zennsrom more popularly known as the co-founder of Skype. He says the one who can sell is the one who will succeed in the game of entrepreneurship. In fact in spite of ‘salesmanship’ being such an important aspect of business not many b-schools till recently focused on this. It was the reverse . This was one aspect that was looked down upon. Not any more. A recent survey showed that people were keener to know how to start their own business and be their own boss. Students today are keener to do a ‘Masters in Entrepreneurship’ than a regular MBA (Forbes magazine). After all the success stories of this generation are companies like Twitter, Groupon, Facebook, Yelp, Instagram, Tumblr …. And the list goes on. What they all have in common is a young guy who knew how to ‘sell’ his dreams to others. It does not matter whether you have lots of money or no money –what matters here is whether you have a great idea –and more importantly the skill to sell that idea.

IT’S ALL ABOUT CREATING THE RIGHT IMAGE

Tweet

She is a heroine of a different generation and yet this month, so many celebrated her birthday as if she were still with us. She may have gone long ago; yet, she lives on, for her images just don’t seem to fade. In fact, every time an  unseen or unpublished image of hers is discovered, it makes it to the front page of almost all newspapers. The lady is Marilyn Monroe. Images are very powerful, they just live on and some even become iconic. The face of the Cuban revolutionary, Che Guevera, also being one such image. It’s not just a face. It symbolizes rebellion and freedom,  feelings that the youth just love. Put this face on any merchandise and it becomes a bestseller. The number of T-shirts  emblazoned with Che’s face that have been sold is incredible. It’s ironic that a revolutionary, who rebelled against the  capitalists, has today become the biggest bestseller of the capitalist world.   

That’s the power of these images. They  generate strong feelings. Another image that brings out strong reactions is the Swastika symbol of the Nazis. Recently,  Madonna used it during her tour in Israel. On a giant screen was shown an image of Marine Le Pen, who is the leader of  france’s National Front Party, with a Swastika on her forehead. The party was enraged and threatened to sue her.  Considering the fact that Madonna would be performing in France soon, this was a nice gimmick to get the nation talking  before she arrived! She is one of the few people who understand the power of images, of visual branding, and has used it  consistently over the years to keep her in the news and always ahead of competitors. Be it the cross of Jesus or the  Swastika of the Nazis, she knows how to use symbols to get people to notice her. 

It’s also the oldest trick of brand  building.   It’s also the oldest trick of brand building. Brands have used symbols (logos) to distinguish themselves from  competitors and build a unique identity around them. Associating oneself with a unique symbol makes it easy for  consumers to remember you. So on Marilyn Monroe’s birthday, Lady Gaga tweeted a picture of hers dressed as Monroe,  and more than one lakh of her followers (all in the age group of 14-19 years) liked it. The interesting part is neither Gaga  or her fans belong to Monroe’s generation and the only reason they are her fans is because of the ‘images’ they see of  her. These stunning images are the reasons for having ensured that ‘brand Marilyn Monroe’ will never die. And images  re the reasons that will ensure that your brand lives on in the future.