3 ms·
I was having this argument a couple of weeks ago. ( https://news.ycombinator.com/item?id=30418664 https://news.ycombinator.com/item?id=30418664 ) cut-n-pasting
by carapace 5y ago
I was having this argument a couple of weeks ago. ( https://news.ycombinator.com/item?id=30418664 https://news.ycombinator.com/item?id=30418664 ) cut-n-pasting from there:
Organic word-of-mouth referrals and recommendations are waaaaaay more effective than any other form of marketing. If you can't develop and sustain word-of-mouth organically then you have to use other less efficient and more coercive means. There are marketplaces that operate efficiently on word of mouth alone. E.g., there are the various "black" markets. There was no appreciable change in availability, quality, or price before and after pot legalization, for example. The high end of most services and products doesn't need to market, they're "saturated" by word-of-mouth alone.
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Going further, you can trace the historical rise of modern marketing directly from military propaganda techniques. ( https://en.wikipedia.org/wiki/Edward_Bernays#World_War_I https://en.wikipedia.org/wiki/Edward_Bernays#World_War_I )