What insights can be drawn from The Grateful Dead's marketing strategy that could influence corporate strategies or business models?

The Grateful Dead's marketing strategy challenges existing paradigms in the field of marketing by focusing on a niche audience rather than mass appeal. They relied on their fans to spread the word about their music, creating a community of dedicated followers. This approach contrasts with traditional marketing strategies that aim for broad appeal and mass media exposure. The Grateful Dead also focused on live concerts and long jams, providing a unique experience for their fans, rather than producing polished records for radio play. This strategy emphasizes the importance of customer experience and word-of-mouth marketing.