Dr. Philip Kotler defines marketing as "the science and art of exploring, creating, and delivering value to satisfy the needs of a target market at a profit. Marketing identifies unfulfilled needs and desires. It defines, measures and quantifies the size of the identified market and the profit potential."
For over 70 years the marketing of one fruit made it increasingly ever-present, to the point of it feeling rammed down our throats. The Red Delicious, in American consciousness represents the quintessential apple. It's the one you see one the teachers desk, the one in every students lunchbox. It is also know as the official compost food. Because as aesthetically pleasing as it is to the eye, one bite reminds you that what you really want is one of those crispy golden apples instead.
So how is it that they keep selling, and we keep buying this good awful thing? Well actually we're getting hip to the game and production of the gorgeous monstrosity is finally on the decline but still, how did we ever let it get this far?
Our story starts rather innocently, with few traces of capitalism involved. Jesse Hiatt, an Iowa farmer came across a mutant seedling that refused to die. Year by year he chopped it down and year by year it grew back, so finally he let nature bear its course. It did and what resulted was a thing of beauty - read with yellow stripping - it had a strong beautiful skin and sweet delicious meat inside. Hiatt named it "Hawkeye" in Iowa tradition and boasted of the mutated beauty he'd cultivated. He entered into a contest in Louisiana, Missouri, hosted by Stark Nurseries. The Stark brothers ran the nursery and were looking to a replacement apple for the "Ben Davis" which was the apple of the day at that time. The "Hawkeye" won, the Stark brothers purchased it and initially named it simply "Delicious". Yes apparently at that time, the fruit still tasted good, but we'll get to how its not even good enough to be made into a candy apple now later.
The "Ben Davis"
In 1923 a farmer reported back to Stark Nurseries that a strange and beautiful mutation had occurred on one of his seedlings, producing a magnificent and ll crimson apple tree. Instantly wildly popular people flocked from all over to gawk at and devour this new rare beaut of a fruit.
Stark capitalized off of this combined with another popular seedling the bore - the "Golden Delicious" - and rebranded their new apple as the "Red Delicious". They went on what would equate today to a multi-million dollar marketing campaign, and even went as far as to railroad out seedlings cross country.
As growers rushed to mimic this brilliant looking mutation they we encountered by mother natures own glorious randomness that produced the red beauty in the first place. This led grower's to adopting new methods to control the process. They would graft branches to to get the desirable traits their were after. A Life of Apples wrote: "This has allowed growers and breeders to choose mutations that may be redder or more 'perfectly' shaped, constantly moving the Red Delicious closer to an ever-changing ideal of a perfect apple, and further from what Jesse Hiatt first bit into on an October day in 1872." They also began manipulating the fruit to make it easier to be mass produced and stored for longer. This led to stronger tougher skin the hid the blemishes and impurities. That's why so often you bite into what looks like a gorgeous apple only to find yourself having been duped by your eyes.
And the thing is, for a long time, we just went with it. They keep making it redder and prettier, and making more and more of them, and we just kept on taking that first bite, and then throwing them away. But as our taste buds have caught on sales for the Red Delicious have declined. While many of us remember the bailouts of the bank and the auto industry, less known is the time President Clinton bailed out the apple industry. And while the Red Delicious is still massively overproduced, we're starting to ship them overseas now, to places where people have no idea what apples are supposed to taste like. Meanwhile in America we've been back out on the market, flirting with Galas and Fujis, and Grannysmith's.
Airbnb offers an affordable option for people looking to be more comfortable as they travel.
However, there are downsides to staying in a host's home rather than a hotel. Whereas hotels are designed for constant streams of visitors and often have furniture built to last, at an Airbnb, you may be staying on old or cheap furniture that a host is using in order to maximize their profits.
And while most reputable hotels will have regular room inspections from staff to check for any wear and tear, Airbnb damage disputes are oftentimes he said, she said situations. If you are in an Airbnb and something breaks, there are a few steps you should take in order to ensure that you are not on the hook for damages out of your control.
If you're keeping tabs on the art and tech worlds, you've probably been hearing whispers about "NFTs" for the past month. Just over the past week they've entered the mainstream lexicon.
Twitter founder Jack Dorsey made the news for selling his first ever tweet. The app has been teasing paid subscription models and newsletter-like features, but tweets for sale is "the next frontier."
just setting up my twttr— jack (@jack)1142974214.0
The 2006 tweet went up for auction as an NFT, and the current bid is $2.5 Million. But what does it mean to own that? Why would anyone want to? And what even is an NFT?
Long gone are the days when the majority of Americans dreamed about owning a home with a white picket fence.
The traditional American Dream may be on its deathbed, but that doesn't mean a core component of the vision can't survive. It simply takes a diverse perspective. People can still believe they can attain their own vision of success in society with hard work, knowledge, and risk-taking. Investing in today's American Dream may literally mean investing money in our modern economy, starting with our infrastructure.
Real estate investing in particular is a lucrative method that can boost income and secure a better financial future for many. There's always risk involved, but the payoffs can far outweigh the uncertainty. Selecting solid financial investments is about confidence and competence. If you're looking for some advice on this kind of investment, here are a few savvy tips for new real estate investors.
Stick To a Specific Strategy or Niche
Real estate is a challenging sphere of the business world, one that requires several key skills: groundwork knowledge, networking, perseverance, and organization. True knowledge of the real estate market will come with time and experience, but it's a smart idea to select one area of the market and stick to it. This is the best way to attain in-depth familiarity with your specific niche.
First, choose a geographical area close by and then a niche strategy within it, such as house flips, rental rehabs, or residential or commercial properties. By doing so, you can become aware of current inner working conditions in the market and you'll have a better idea of how these trends may change in the future.
Be Vigilant About Viable Financing Options
While it takes money to make money, you don't have to use all your own money. A common misconception about real estate investing is that you must be wealthy to start off. This isn't straight fact, however. A majority of people can test the waters of real estate investing without a lot of initial cash in their pocket.
Aside from traditional financing options from banks and institutions, private lending options can be worthy solutions. Hard money lenders are popular, reasonable choices, and they tend to have fewer qualification requirements upfront. However, be sure to strategically choose a hard money lender to find the best possible fit.
Master the Art of Finding Good Deals
There may be hundreds of thousands of available properties for sale on the current market, but the bulk of them will never amount to the final money-making result you desire. Another great tip for new real estate investors is to use good math to estimate profit. Taking risks is part of the process, but you have the ability to analyze properties and use networking sources to find the greatest deal. You can't win every deal, but you can steadily work towards a thriving financial future.