Famous quote by Joichi Ito

"I just believe that the cost of marketing is going to increase and the cost of delivery is going to decrease as the Net gets stronger and mass media gets weaker"

About this Quote

Joichi Ito's quote highlights the progressing characteristics of marketing and shipment systems in the context of technological advancement and shifts in media consumption. At its core, Ito's declaration recognizes the transitioning landscape produced by the Internet, frequently referred to as the Net. His insight highlights 2 essential patterns: the increasing expense of marketing and the decreasing cost of delivery.

Firstly, concerning marketing expenses, Ito recommends that as conventional mass media fades in impact, the competition to record consumer attention online will magnify. This shift indicates that companies will need to invest more in digital marketing techniques to effectively reach and engage prospective customers. The fragmentation of media channels requires targeted and often more costly approaches, such as leveraging information analytics, individualized content, and diverse platforms like social networks, influencers, and search engine advertising. The rise of numerous touchpoints in the customer journey likewise complicates and includes expenses to handling cohesive and impactful marketing projects online.

Alternatively, the quote forecasts a decline in delivery expenses driven by improvements in digital facilities. As the Internet ends up being more robust-- through enhanced bandwidth, faster connections, cloud computing, and enhanced logistics innovations-- delivering product or services, particularly digital ones, becomes progressively effective and cost-efficient. Digital change makes it possible for companies to simplify operations, lower overhead, and scale their shipment mechanisms without considerable incremental costs. The outcome is a more agile and responsive supply chain, permitting organizations to quickly adapt to market changes and consumer demands.

In summary, Ito's insights show a duration of transformation where services need to browse a more competitive marketing landscape while leveraging technological advancements to enhance delivery systems. Success in this environment demands strategic investment in digital marketing and the proficient leverage of technology to keep functional performance and customer satisfaction.

About the Author

Japan Flag This quote is written / told by Joichi Ito somewhere between June 19, 1966 and today. He/she was a famous Businessman from Japan. The author also have 26 other quotes.
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