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Losing Control to the Consumer

By Janice Roberts - Stanford
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Lecture Description

With consumer participation through user-generated content, blogs, real time feedback, self-promotion and web-based access, Roberts points out that a new form of marketing, viral marketing, is emerging. Viral marketing reflects a shift in power from traditional manufacturers to consumers who can now control the brand image of the product and troubleshoot on their own. 

Course Index

  1. Globalization: Acting Local to be Global
  2. Understanding the 21st Century Consumer
  3. Losing Control to the Consumer
  4. Economics of Free: A New Business Model
  5. Investment Timing: Early, Late or In-between