Thursday, November 10, 2011

Who taught Jobs marketing?

The book of the year so far has to be Isaascon's Steve Jobs.  Each page has something interesting and enlightening.  The Jobs story is well known - - but not all of it.

One new story is the one relating to Mike Markkula.  Markkula was a marketing expert that early venture capitalists recommended to Jobs.  At the time (late 1970s during the Apple II days), Markkula was only thirty-three and retired after working at Fairchild and Intel.  He taught Jobs marketing and sales - - he emphasized that you should never start a company with the goal of getting rich.  Your goal should be making something you believe in and making a company that will last.

Markkula wrote his principles in a one-page paper titled "The Apple Marketing Philosophy" that stressed three points.  The points were:
  1. Empathy - - an intimate connection with the feelings of the customer.  "We will truly understand their needs better than any other company."
  2. Focus - - "In order to do a good job of those things that we decide to do, we must eliminate all of the unimportant opportunities."
  3. Impute - - people form an opinion about a company or product based on the signals that it conveys.  "People DO judge a book by its cover."  "We may have the best products, the highest quality, the most useful software etc.; if we present them in a slipshod manner, they will be perceived as slipshod; if we present them is a creative manner, professional manner, we will impute the desired qualities."

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