20060730

Peter Drucker, revisited.

I've been hanging out in the archives again, thanks to Francois, over at Emergence Marketing. Here are some words from the great Peter Drucker on Marketing... and a few observations you are welcome to comment on:

"Because the purpose of business is to create a customer, the business enterprise has two--and only two--basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs. Marketing is the distinguishing, unique function of the business."

I like the second part of that statement a lot, but I business has evolved beyond the first one: The purpose isn't to create a customer. The purpose of a business is to serve a customer. Or better yet, to earn a customer or to improve the life of a customer. Businesses can create products, markets, trends, technology, industries and lifestyles, but their aim is not to create customers. That would be... I don't know, a bit conceited.

Don't create customers. Create for customers.

"The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself. "

Amen.

"The most important thing in communication is hearing what isn't said."

Maybe not the most important, but definitely the most chronically overlooked.

"Quality in a service or product is not what you put into it. It is what the client or customer gets out of it."

That should be a T-shirt or a poster or something.


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