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Thread: Conventional Wisdom Myths

  1. #31
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    Quote Originally Posted by august
    people will pay for things that they THINK is useful.

    and unlike other similar courses, the preview is not even free (http://www.crei-academy.com/live-event/) lol
    once paid if not useful also too late liao.

    this is not market forces at work, this is marketing at work.
    If the seminar is not useful, you will at most be cheated once. Your words of mouth will ensure the failure of future programme. Market forces are always at work.

  2. #32
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    Quote Originally Posted by CCR
    The key is contrarianinvesting but only few have the guts to do it..... If you buy when everyone is selling.... How much more can it drop? So your downside is capped....
    Absolutely! When all hard data pointing to a depress market, you need experience and gut to make the buy call. Good investment is more than hard science. It is an art that you learn through experience.

  3. #33
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    Quote Originally Posted by Leeds
    If the seminar is not useful, you will at most be cheated once. Your words of mouth will ensure the failure of future programme. Market forces are always at work.
    Singaporeans if make money in one stock will tell 1000 people, if lose money will sing silence is golden ... of course there will be exception like Lehman Minibonds
    Ride at your own risk !!!

  4. #34
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    Quote Originally Posted by phantom_opera
    Singaporeans if make money in one stock will tell 1000 people, if lose money will sing silence is golden ... of course there will be exception like Lehman Minibonds
    If you are being charged $4 for a plate of average quality chicken rice at a hawker centre which should be just $3; you are not likely to buy from this stall again. You will tell a lot more people to avoid this stall.

    Similarly, if you receive poor service with an airline, you will tell alot more people about it.

    The point is you do not lose face attending a louzy seminar and regretted it. On the contrary, you are not likely to tell anyone if you make losses in an investment.

    Successful service providers understand basic marketing and consumer behaviour.

  5. #35
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    Quote Originally Posted by Leeds
    If the seminar is not useful, you will at most be cheated once. Your words of mouth will ensure the failure of future programme. Market forces are always at work.
    strong word, nice.

  6. #36
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    Quote Originally Posted by august
    strong word, nice.
    You do have a point that the preview is not free unlike other seminars.

    This author/trainer obviously understands marketing and consumer's behaviour. There is a perceived value of the product if one needs to pay for it. The fee charge will also serve to attract serious investors and wipe out those looking for a free lunch. If you are the one to market the seminar, you will need to make such decisions. Yes! marketing is at work.

  7. #37
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    Quote Originally Posted by Leeds
    You do have a point that the preview is not free unlike other seminars.

    This author/trainer obviously understands marketing and consumer's behaviour. There is a perceived value of the product if one needs to pay for it. The fee charge will also serve to attract serious investors and wipe out those looking for a free lunch. If you are the one to market the seminar, you will need to make such decisions. Yes! marketing is at work.
    hahaha, or just suckers judging from the quality of the website and literature.

  8. #38
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    Quote Originally Posted by august
    hahaha, or just suckers judging from the quality of the website and literature.
    Everything has a value or perceived value. The perceived value depends on the expectation of the individual. When the expectation and perception gap narrows, the consumer is happy. When the gap broadens, the consumer is disappointed.

    You see them as sucker and that is understandable.

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