Outright advertising in the old school sense is dead and has been for a long time. Marketing is not. I think this author is deeply confused. Now, more than ever, the perceived value of cheap products is being inflated by brand. Look how much people pay for a can of Red Bull, which offers less volume than a soda and less caffeine than a coffee. Look at how much people pay for Starbucks coffee and Hermès purses. It’s all smoke and mirrors. In many cases, you’re paying more for an inferior product because the brand gods took advantage of your cognitive bias.
The example of Tesla is particularly ridiculous to me and shows how little understanding of marketing the author has. Tesla isn’t a no-marketing company that only relies on its good product. What about a Tesla is superior? Not the interior. Mercedes has them beat there. Not the technology - it’s been proven unreliable at best. Not the range - many gasoline cars have better range. Not the price - their current offerings are far higher than an average person can afford. It’s questionable whether they’re even better for the environment than other cars. In fact, Tesla is so good at marketing that they’ve bamboozled the author and he doesn’t even realize it. Elon Musk knows the way to manipulate perceptions, and he’s very, very good at it.
The example of Tesla is particularly ridiculous to me and shows how little understanding of marketing the author has. Tesla isn’t a no-marketing company that only relies on its good product. What about a Tesla is superior? Not the interior. Mercedes has them beat there. Not the technology - it’s been proven unreliable at best. Not the range - many gasoline cars have better range. Not the price - their current offerings are far higher than an average person can afford. It’s questionable whether they’re even better for the environment than other cars. In fact, Tesla is so good at marketing that they’ve bamboozled the author and he doesn’t even realize it. Elon Musk knows the way to manipulate perceptions, and he’s very, very good at it.