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A great deal of individuals understand that marketing is about plastering the world with advertisements and getting people to see their brand a lot of times. That can be a fundamental part of the task, yes, but it’s not one of the most important. One of the most integral part is making products that are a good fit for a well-defined target market. Willy Wonka does this by making all kinds of wonderful candies for children and adults to enjoy. The other important part is ensuring that you have a lucrative business design that, when you make something good and tell people about it, results in steady income.
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Most competitions announce the prize winner at the end. This makes you think you have a chance of winning, but you will likely forget about the competition in the future. But informing the world one winner at once is a great means to create involvement. In our world, we always crave things that only the unique few hold. Creating a concern of missing out makes people want the prize a lot more. This would bring about much more sales and get more people speaking about your product.
Media events are events, activities, or experiences that exist for the single purpose of courting media attention. An example from one more movie would be Groundhog Day. The groundhog, Punxsutawney Phil, is nothing more than an actor in an event designed to get Bill Murray to do banal reporting on it. The same reasoning is used by Willy Wonka to sell candy bars. You may not have the resources to bombard television stations with information of your event, but that does not imply you can’t get the word out. My advice? Treat each and every single product launch you simulate a media event, and speak to anybody you can: bloggers, podcasters, YouTubers, influencers, and– yes– the mass media if you can find them.
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You may think your product targets a certain demographic. What established brands often forget, especially brands that target a more youthful demographic, is the nostalgic effect they carry the older demographic that matured with the product. Wonka’s competition was focused on children who could take one family member along to the world of wonder. This made adults want the golden ticket also, as they had grown up with the enchanting tales themselves. So, target the heart string and consider the larger picture. Perhaps it is his dull attitude toward safety and labor policies that encourages Mr. Wonka to keep his cards close to his chest. Or perhaps it’s because he’s an introverted heart to the point of being reclusive. No matter his motivation, the end result is the same. Everybody knows what Willy Wonka can creating. His brand acknowledgment is through the roof covering. But nobody knows how he does it.
