1. One of the marketing concepts asserts that marketing's role is to satisfy consumers' needs and wants. Critics, however, maintain that marketing goes beyond that and creates needs and wants that did not exist before. They feel marketers encourage consumers to spend more money than they should on goods and services they do not really need. Do you think that marketing shapes consumer needs and wants or it merely reflects the needs and wants of customers?
2. Mission statements are often the product of much deliberation and discussion. Do you think that mission statements are critical to a successful marketing organization? Do they provide useful marketing value?
3. As marketers increasingly develop marketing programs tailored to certain target market segments, some critics have denounced these efforts as exploitative. For example, the preponderance of billboards advertising cigarettes, alcohol, and other vices in low-income urban areas is seen as taking advantage of a vulnerable market segment. Critics can be especially harsh in evaluation of marketing programs that target African Americans and other minority groups, claiming that they often employ cliched stereotypes and inappropriate depictions. Others counter with the point of view that targeting and positioning is critical to marketing and that these marketing programs are an attempt to be relevant to a certain consumer group. Do you think that targeting minorities is exploitative or it is a sound business practice?
4. Some critics vigorously denounce the practice of brand extensions, as they feel that too often companies lose focus and consumers become confused. Other experts maintain that brand extensions are a critical growth strategy and source of revenue for the firm. Do you think that brand extensions can endanger brands or they are an important brand growth strategy?
5. In the integrated marketing communication process, an organization is continuously faced with make-or-buy decisions (to perform the communication activity internally or to buy it). Why is the use of break-even analysis in this decision making process a good procedure?
6. Some marketers feel that the image of the particular channel in which they sell their products does not matter - all that matters is that the right customers shop there and the product is displayed in the right way. Others maintain that channel images, such as a retail store, can be critical and must be consistent with the image of the product. Do you think that channel images do not really affect the brand images of the products they sell that much or channel images must be consistent with the brand image?
7. Prices are often set to satisfy demand or to reflect the premium that consumers are willing to pay for a product or service. Some critics shudder, however, at the thought of $2 bottles of water, $150 running shoes, and $500 concert tickets. Do you think prices should reflect the value that consumers are willing to pay or prices should primarily just reflect the cost involved in making a product or service.
8. Many social commentators maintain that youth and teens are becoming more and more alike as time goes on. Others, while not disputing that fact, point out that the differences between cultures at even younger ages by far exceed the similarities. Do you think that people are becoming more and more similar or the differences between people of different cultures far outweigh their advantages.© BrainMass Inc. brainmass.com October 25, 2018, 7:56 am ad1c9bdddf
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1. One of the marketing concepts asserts that marketing role is to satisfy consumers' needs and wants. Critics, however, maintain that marketing goes beyond that and creates needs and wants that did not exist before. They feel marketers encourage consumers to spend more money than they should on goods and services they do not really need. Do you think that marketing shapes consumer needs and wants or it merely reflects the needs and wants of customers?
Marketing clearly does both; it shapes consumers needs/wants by advertising, promoting, and "presenting" potential needs/wants. If companies didn't constantly create new needs, then new products would not be manufactured. Therefore, as a result of creating the needs/wants, more products/services are created. Marketing reflects the creation of needs/wants that companies create for the purpose of revenue generation. In other words, everyone is seeking money, and are creating stuff to get it.
Have you seen "The Matrix" ... the original film? The hologram of Earth is like a computer program. People (and nouns) are like individual computers in the system. Corporations create products, Marketers promote or advertise the stuff. Advertisers do this by creating "software programs" or other forms of information that gets consumers to consume. Therefore, they create "users" as hardware to consume their software, which did not exist prior to their creation. Although marketers encourage consumers to spend more on goods/services they don't need, it's all part of the software system, as reflected in the Matrix.
An example of software programs are fast-food (or food in general). The food industry is a billion dollar megamarket worldwide. Yet, interestingly, the human body does not require food for survival, but corporations, governments, schools, the media, and other information systems hide this from the public in order to maintain the benefits of revenue generation. Thus, due to lack of INFORMATION, the public is unaware, and they end up buying the ideas of the software programs. Have you ever heard the slogan or commercial software song that sings, "You Gotta Eat!"
Due to corporate control and other factors, marketing in the form of ideas, information systems, or software, continues to shape human behavior. Software programs range anywhere from faux pas USDA daily requirements, to yogurt sales where the "promoted" enzymes produced by cows do not digest or benefit the human body whatsoever. To learn more about this see:
- Why do we Eat? http://www.youtube.com/watch?v=orxBHhMiVQk
- Hundreds + Thousands of Humans Live without eating food: http://www.youtube.com/user/SupremeMasterTV04
- Another resource: Infowars.com
2. Mission ...
This solution includes marketing concepts, marketing's role, consumer's needs and wants, with consumerism at the helm.
Marketing Research Concepts
In 200 words each, please discuss the following questions.
1. Explain why sugging and frugging are bad for marketing researchers.
2. Firms are categorized as internal and external suppliers of marketing research information. Explain what is meant by each, and provide an example of each.
3. Explain why marketing research was not widespread prior to the Industrial Revolution.
4. Describe two examples of the types of studies in each of the four classes of marketing research studies provided in the first chapter of our textbook. Use the CSU Online Library to find more information.
5. What are marketing, marketing concept, marketing strategy, and marketing research? Explain the role of marketing research in the process of marketing management, marketing concept and marketing strategy.View Full Posting Details