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> Many people legitimately would like to have Thing/Service but don’t know it exists Sorry to burst the bubble, but that's *the proof that adv is manufactured
by peoplefromibiza 5y ago
> Many people legitimately would like to have Thing/Service but don’t know it exists
Sorry to burst the bubble, but that's *the proof that adv is manufactured demand*!
People interested in having something will find a way to know about them.
I think people are confusing the idea of advertising (AKA publicizing) their products or skills, with the advertising market we have today.
They are not the same thing, they only share the same name, for historical reasons.
It's like comparing Risk with WW2.
21st century advertising is nothing but bad news.
If I want a pair of shoes I like, I go to the shop that sells them.
If I don't know those shoes exist, I will live happily, because I have no fabricated need to fulfill (and most probably if I'll know about them it's because a friend is wearing them)
- sanedigital 5y ago> People interested in having something will find a way to know about them. [Citation needed] This is might be true with commodity products, but with disruptive products—the kind most people here are producing or selling—that's absolutely not the case. > If I don't know those shoes exist, I will live happily, because I have no fabricated need to fulfill (and most probably if I'll know about them it's because a friend is wearing them). Everybody has "needs" they're not fulfilling. Some of those needs are caused by problems the individual isn't consciously aware of. Some of them are caused by problems the individual is aware of, but isn't aware of the available solutions. Marketing that seeks to educate the individual about the solutions available to them is a net-positive, both for the consumer and the producer.
- peoplefromibiza 5y ago> [Citation needed] You are the one who needs to prove that without ads people won't get what they want. > but with disruptive products Disruptive is a synonym for "unethical" > Everybody has "needs" they're not fulfilling. [Citation needed] > Some of those needs are caused by problems the individual isn't consciously aware of, but isn't aware of the available solutions and the solution is advertising? you're kidding, right? T: Hi J, I have a problem X, can you help me? J: Hi T, I don't know much about X, but M does. Ask him. 2 hours later T: Thanks J, M was of great help. Now I've solved my problem, I am happy, and my trust in you just got bigger. advertising is *lies* so people not only will try to fulfill a fabricated need, they will also be frustrated by the fact that advertisers *lied* to them. No, Nikes won't help you to "just do it" Running won't be easier, if you never did before, because you buy a pair of shoes that sells you the idea that everyone who's wearing them is an athlete, and that athlete could be you, just buy the shoes. How can you not see the fraud is beyond me. > Marketing that seeks to educate the individual wow. that's grotesque.
- sanedigital 5y ago> You are the one who needs to prove that without ads people won't get what they want. This is the default mode for startups. It results in failure. "If you build it, they will come," doesn't work in the marketplace. Try it yourself. > Disruptive is a synonym for "unethical". Hard disagree, sorry. I don't think you're going to find many like-minded people on this site. > > Everybody has "needs" they're not fulfilling. > [Citation needed] I'm not even sure how you can deny this. Do you really think everyone out there is living their best lives? Are businesses out there just performing at 100% efficiency, with no need for any new products or services to help them improve? What do you think economic growth is based on, if not the creation of new value? > and the solution is advertising? Yes, the solution is marketing—advertising being one piece of that puzzle. How did 'M' in your example find out about the product? Are "experts" just born with inherent knowledge of their fields? > advertising is lies so people not only will try to fulfill a fabricated need, they will also be frustrated by the fact that advertisers lied to them. I advertise. Nothing I say is a lie. I advertise that I can help non-technical founders build their MVPs better, faster, and cheaper than my competitors. That's true. I advertise to people that want to build an MVP. Their need exists before I advertise to them. Nobody is going to see an ad of mine and go "Oh man, I was going to spend my paycheck on food, but now that I've seen this ad about NoNerds.com building MVPs, I guess I'll starve and give them all my money instead." > How can you not see the fraud is beyond me. I'm not the one speaking in absolutes. There is bad advertising out there. Most brand advertising is bad. But ~50% of the advertising market is PERFORMANCE, not BRAND. How you can not see the difference between "Buy budweiser and get laid," and "Buy Infotex solutions and save 15% on monthly payroll costs." is beyond me. > that's grotesque. Agree to disagree. The economy is based on the creation and distribution of value. Good marketing seeks to inform individuals of potential sources of value to them. It creates efficiency in the marketplace by allowing new solutions to reach more potential buyers more rapidly. Does it grant airtime to "bad" solutions occasionally? Of course. But in your own arguments, the buyer is ultimately the one responsible for the purchase decision. And if good products are being advertised as well, the buyer is given an opportunity to discover alternatives to the solutions they're already aware of. This increased information allows them to make better economic decisions.
- 5y ago
- cfraenkel 5y agoIf you're honestly looking for a citation, start with Galbraith's The Affluent Society. (https://en.wikipedia.org/wiki/The_Affluent_Society https://en.wikipedia.org/wiki/The_Affluent_Society). This was old hat in the 50s. They just didn't realize it was going to burn the planet (and us with it)
- meheleventyone 5y agoIf that’s your definition of manufactured demand then even making a product is manufactured demand because making the product means people will become aware of it therefore creating ‘fabricated’ demand by them discovering it. In reality a crowded/undiscovered market needs discovery mechanisms so in theory the right product finds the right person. But also in reality and the point I think you’re trying to make is that the wrong product with the biggest advertising spend will find someone instead of something that’s be a better fit.
- peoplefromibiza 5y ago> If that’s your definition of manufactured demand then even making a product is manufactured demand sorry, but you are confusing making a product to solve a problem or fill a need with lying to get the attention of people to sell them something that does not solve the problem nor fills the need. have you ever lied to these adv platforms? I have many accounts were I blatantly lie about myself, like for example I say I am fat, I post pictures of fat people pretending it's me and immediately I get bombarded by ads for products to lose weight, training programs that "promise" you results in 2 weeks and dating apps. That's the sad state of affairs in 2022.
- meheleventyone 5y agoI can assure you that I’m not confusing anything just extrapolating your argument in that prior post. I agree though that advertising is a pretty lousy discovery mechanism a lot of the time.
- jimmaswell 5y agoI rarely go to Taco Bell. I would never have known about the Quesarito if I didn't see an ad. I was very glad I did. This same thing has happened many times with many food items. Same for seeing billboards for various places across the country. I love Taco John's, Taco Time, and Del Taco, and wouldn't have found them without advertising. The ads' "manufactured demand" improved my life in these instances. Same for various other products in other instances.
- peoplefromibiza 5y ago> I would never have known about the Quesarito that's brand awarness, the product is the same. When I go out eating I try different places, because some of them is surely better than the others. The ads for "Quesarito" it's their product, if you didn't like it, you would be now thinking that you were fooled by the ads. Exactly what taco bell did to you for all these years.
- cglace 5y agoSo, I create a web page that describes a product ("Quesarito"). You, the consumer, find out about the product by stumbling upon the page by luck; if you decide to try the product and don't like it does that mean you were fooled? Can you only be fooled when you are alerted to the presence of a product without your consent?
- shortstuffsushi 5y agoA couple of genuine questions for you, not to lessen the good fortune advertising has brought you. Did you go to eat at Taco Bell because of the ad? Would you have already, and perhaps seen it on their menu boards and tried it as a result? Were you really not aware of these other taco places, and only became aware of them due to billboards? I know of 2/3 of them, I haven't heard of Taco Time (live in the midwest), but I've heard of the rest from people I know. I don't think I've seen any of them advertised here, but I could be wrong.
- jimmaswell 5y ago
- com2kid 5y agoI have problems with back pain (I sit all day typing, not too surprising) Facebook ad for stretching program for back pain shows up a few times. I eventually decide to buy it. It works, resolves my back pain. I had a real problem, a solution was advertised to me, I bought it, and it worked. No induced demand.
- andrepd 5y agoFor each ad for a legitimate back pain remedy, how many hoax ones do you think there are? 9? 99? 999?
- paulcole 5y ago>If I want a pair of shoes I like, I go to the shop that sells them. >If I don't know those shoes exist, I will live happily, because I have no fabricated need to fulfill (and most probably if I'll know about them it's because a friend is wearing them) My feet hurt. The shoes at the shop only sells shoes that make my feet hurt. How do I discover shoes that don't make my feet hurt? How did your friend discover their shoes?
- brimble 5y agoCall a shoe store and ask? Google (in a world in which it didn't have ads)? Ask a podiatrist?
- runako 5y ago> Call a shoe store and ask? He just went into a shoe store. How would he know which shoe store to call? (I remember this, it was pre-Internet and it was awful.) > Google (in a world in which it didn't have ads)? In a world without ads, Google would be a bulletin board (no meaningful revenue means no petabyte-sized index). You can replicate this experience on Craigslist today. Good luck! > Ask a podiatrist? In the USA, this adds a time tax (many people need to go to their primary doctor first to get a referral, then would have to be seen by the podiatrist to get to ask the question) and a money tax (all those doctors have to get paid). Which of these is better than clicking an ad?
- brimble 5y agoHow is clicking an ad better than advice from someone who should know? Maybe this is just a weak example but an ad that's like "do shoes hurt your feet for some reason? Maybe it's this! Buy our shoe to fix it!" seems a hell of a lot less likely to be useful than finding out why your foot hurts and getting informed advice on what will help. Seems like you're just very lucky if the advertised product ends up solving the problem. I get that asking people or looking things up is effort but it's also a hell of a lot more likely to yield good results than trusting a stranger's ad to be accurate and helpful. The world would not end without advertising (or with very limited advertising), and people would not be unable to find things they want or need. They might not as often stumble on that information while doing something totally unrelated, sure, but I don't think that happens often enough to offset the harmful effects of advertising.
- cglace 5y agoYou are describing how you want the world to be. Can you accept that other people might like being introduced to new products?
- smilekzs 5y ago> If I want a pair of shoes I like, I go to the shop that sells them. > If I don't know those shoes exist, I will live happily, because I have no fabricated need to fulfill (and most probably if I'll know about them it's because a friend is wearing them) This reasoning is flawed because it ignores a common scenario: I want a pair of shoes, but none of the ones I find could fit me well enough. In other words, existing demand has not been met. Discovery has value.
- BeetleB 5y ago> People interested in having something will find a way to know about them. Ouch. This couldn't be more wrong. Throughout my life, I've met so many people who wanted something and didn't find it by trying very hard. Sometimes, they finally find it via an ad. Ads definitely helped them.
- rackjack 5y agoAgreed. Anybody who's into an obscure music genre can attest to how hard it is to find such music, let alone finding good ones.