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« Schmuck Insurance | Main | Philosphical Friday: Perspective »
Saturday
Dec122009

Weekend Update

The Tiger Woods story has many arms and legs. All explored thoroughly elsewhere.


There is, however, a simple but powerful business lesson in his announcement yesterday.


When people start to turn away from what you're selling, it's tempting to promote it harder.


A better solution sometimes is to create demand.


By reducing supply.


Which comes with the added benefit that everyone who depends on you to make their living suddenly becomes your unpaid sales team.


 

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