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Chapter Three
Analyzing the Marketing
Environment
Copyright ©2014 by Pearson Education, Inc. All rights reserved
Analyzing the Marketing
Environment
• Microenvironment
• Macroenvironemnt
– Demographic Environment
– Economic Environment
– Natural Environment
– Technological Environment
– Political and Social Environment
– Cultural Environment
– Responding to the Marketing Environment
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Marketing Environment
The marketing environment includes the
actors and forces outside marketing that
affect marketing management’s ability to
build and maintain successful relationships
with customers
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Marketing Environment
Microenvironment consists of the actors close to
the company that affect its ability to serve its
customers, the company, suppliers, marketing
intermediaries, customer markets, competitors,
and publics
Macroenvironment consists of the larger societal
forces that affect the microenvironment—
demographic, economic, natural, technological,
political and cultural forces
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Microenvironment
Actors in the Microenvironment
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Microenvironment
• Top management
• Finance
• R&D
• Purchasing
• Operations
• Accounting
The Company
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Microenvironment
• Provide the resources to produce goods
and services
• Treat as partners to provide customer
value
Suppliers
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Microenvironment
Help the company to
promote, sell and
distribute its
products to final
buyers
Marketing Intermediaries
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Microenvironment
Resellers
Physical
distribution
firms
Marketing
services
agencies
Financial
intermediaries
Types of Marketing Intermediaries
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Microenvironment
• Firms must gain strategic advantage by
positioning their offerings against
competitors’ offerings
Competitors
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Microenvironment
Publics
• Any group that has an actual or
potential interest in or impact on
an organization’s ability to
achieve its objectives
– Financial publics
– Media publics
– Government publics
– Citizen-action publics
– Local publics
– General public
– Internal publics
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Microenvironment
• Consumer markets
• Business markets
• Reseller markets
• Government markets
• International markets
Customers
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Macroenvironment
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Macroenvironment
Demography: the study of human populations--
size, density, location, age, gender, race,
occupation, and other statistics
• Demographic environment: involves people,
and people make up markets
• Demographic trends: shifts in age, family
structure, geographic population, educational
characteristics, and population diversity
Demographic Environment
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Macroenvironment
• Baby Boomers
– Born 1946 to 1964
– rethinking the purpose and value of their work,
responsibilities, and relationships
– spending more carefully and planning to work
longer
– the wealthiest generation in U.S. history
Demographic Environment
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Macroenvironment
• Generation X includes people born
between 1965 and 1976
– High parental divorce rates
– Cautious economic outlook
– Less materialistic
– Family comes first
Demographic Environment
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Macroenvironment
• Millennials (gen Y or echo boomers) include
those born between 1977 and 2000
– Most financially strapped generation
– Higher unemployment and saddled with more
debt
– Comfortable with technology
Demographic Environment
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Macroenvironment
Generational marketing
is important in
segmenting people by
lifestyle or life stage
instead of age
Demographic Environment
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Macroenvironment
Changing American Family
More people are:
• Divorcing or separating
• Choosing not to marry
• Choosing to marry later
• Marrying without intending to have children
• Increasing number of working women
• Increasing number of stay-at-home dads
Demographic Environment
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Macroenvironment
• Growth in U.S. West and South and decline in
Midwest and Northeast
• Change in where people work
– Telecommuting
– Home office
Demographic Environment
Geographic Shifts in Population
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Macroenvironment
• Changes in the Workforce
– More educated
– More white collar
Demographic Environment
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Macroenvironment
Demographic Environment
Increasing Diversity
Markets are becoming more diverse
– International
– National
• Includes:
– Ethnicity
– Disabled
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Macroenvironment
Economic environment consists of factors
that affect consumer purchasing power and
spending patterns
• Industrial economies are richer markets
• Subsistence economies consume most of
their own agriculture and industrial output
Economic Environment
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Macroenvironment
Value marketing
offering financially
cautious buyers greater
value—the right
combination of quality
and service at a fair price
Economic Environment
Changes in Consumer Spending
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Macroenvironment
Natural environment: natural resources that
are needed as inputs by marketers or that
are affected by marketing activities
• Trends
– Increased shortages of raw materials
– Increased pollution
– Increased government intervention
– Increased environmentally sustainable
strategies
Natural Environment
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Macroenvironment
Technological Environment
• Most dramatic force
in changing the
marketplace
• New products,
opportunities
• Concern for the
safety of new
products
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Macroenvironment
• Legislation regulating business
– Increased legislation
– Changing government
agency enforcement
Political and Social Environment
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Macroenvironment
• Increased emphasis on ethics
– Socially responsible
behavior
– Cause-related marketing
Political and Social Environment
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Macroenvironment
Cultural environment consists of institutions
and other forces that affect a society’s
basic values, perceptions, and behaviors
Cultural Environment
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Macroenvironment
Core beliefs and values are persistent and are
passed on from parents to children and are
reinforced by schools, churches, businesses,
and government
Secondary beliefs and values are more open to
change and include people’s views of
themselves, others, organization, society,
nature, and the universe
Cultural Environment
Persistence of Cultural Values
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Macroenvironment
• People’s view of themselves
– People vary in their emphasis on
serving themselves versus serving
others.
• People’s view of others
– More “cocooning” – staying home,
home cooked meals
Cultural Environment
Shifts in Secondary Cultural Values
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Macroenvironment
• People’s view of organizations
– Decline of loyalty toward companies
• People’s view of society
– Patriots defend it
– Reformers want to change it
– Malcontents want to leave it
Cultural Environment
Shifts in Secondary Cultural Values
Copyright ©2014 by Pearson Education, Inc. All rights reserved
The Company’s
Macroenvironment
Cultural Environment
Shifts in Secondary Cultural Values
• People’s view of nature
– Some feel ruled by it
– Some feel in harmony with it
– Some seek to master it
• People’s view of the universe
– Renewed interest in spirituality
– Developed more permanent values
– family, community, earth,
– spirituality, ethics
Copyright ©2014 by Pearson Education, Inc. All rights reserved
Responding to the Marketing
Environment
Uncontrollable
• React and
adapt to
forces in the
environment
Proactive
• Aggressive
actions to
affect forces
in the
environment
Reactive
• Watching
and reacting
to forces in
the
environment
Views on Responding
Copyright ©2014 by Pearson Education, Inc. All rights reserved

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Environment[1].pdf

  • 1. Chapter Three Analyzing the Marketing Environment Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 2. Analyzing the Marketing Environment • Microenvironment • Macroenvironemnt – Demographic Environment – Economic Environment – Natural Environment – Technological Environment – Political and Social Environment – Cultural Environment – Responding to the Marketing Environment Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 3. The Marketing Environment The marketing environment includes the actors and forces outside marketing that affect marketing management’s ability to build and maintain successful relationships with customers Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 4. The Marketing Environment Microenvironment consists of the actors close to the company that affect its ability to serve its customers, the company, suppliers, marketing intermediaries, customer markets, competitors, and publics Macroenvironment consists of the larger societal forces that affect the microenvironment— demographic, economic, natural, technological, political and cultural forces Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 5. The Company’s Microenvironment Actors in the Microenvironment Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 6. The Company’s Microenvironment • Top management • Finance • R&D • Purchasing • Operations • Accounting The Company Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 7. The Company’s Microenvironment • Provide the resources to produce goods and services • Treat as partners to provide customer value Suppliers Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 8. The Company’s Microenvironment Help the company to promote, sell and distribute its products to final buyers Marketing Intermediaries Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 9. The Company’s Microenvironment Resellers Physical distribution firms Marketing services agencies Financial intermediaries Types of Marketing Intermediaries Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 10. The Company’s Microenvironment • Firms must gain strategic advantage by positioning their offerings against competitors’ offerings Competitors Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 11. The Company’s Microenvironment Publics • Any group that has an actual or potential interest in or impact on an organization’s ability to achieve its objectives – Financial publics – Media publics – Government publics – Citizen-action publics – Local publics – General public – Internal publics Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 12. The Company’s Microenvironment • Consumer markets • Business markets • Reseller markets • Government markets • International markets Customers Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 13. The Company’s Macroenvironment Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 14. The Company’s Macroenvironment Demography: the study of human populations-- size, density, location, age, gender, race, occupation, and other statistics • Demographic environment: involves people, and people make up markets • Demographic trends: shifts in age, family structure, geographic population, educational characteristics, and population diversity Demographic Environment Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 15. The Company’s Macroenvironment • Baby Boomers – Born 1946 to 1964 – rethinking the purpose and value of their work, responsibilities, and relationships – spending more carefully and planning to work longer – the wealthiest generation in U.S. history Demographic Environment Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 16. The Company’s Macroenvironment • Generation X includes people born between 1965 and 1976 – High parental divorce rates – Cautious economic outlook – Less materialistic – Family comes first Demographic Environment Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 17. The Company’s Macroenvironment • Millennials (gen Y or echo boomers) include those born between 1977 and 2000 – Most financially strapped generation – Higher unemployment and saddled with more debt – Comfortable with technology Demographic Environment Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 18. The Company’s Macroenvironment Generational marketing is important in segmenting people by lifestyle or life stage instead of age Demographic Environment Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 19. The Company’s Macroenvironment Changing American Family More people are: • Divorcing or separating • Choosing not to marry • Choosing to marry later • Marrying without intending to have children • Increasing number of working women • Increasing number of stay-at-home dads Demographic Environment Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 20. The Company’s Macroenvironment • Growth in U.S. West and South and decline in Midwest and Northeast • Change in where people work – Telecommuting – Home office Demographic Environment Geographic Shifts in Population Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 21. The Company’s Macroenvironment • Changes in the Workforce – More educated – More white collar Demographic Environment Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 22. The Company’s Macroenvironment Demographic Environment Increasing Diversity Markets are becoming more diverse – International – National • Includes: – Ethnicity – Disabled Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 23. The Company’s Macroenvironment Economic environment consists of factors that affect consumer purchasing power and spending patterns • Industrial economies are richer markets • Subsistence economies consume most of their own agriculture and industrial output Economic Environment Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 24. The Company’s Macroenvironment Value marketing offering financially cautious buyers greater value—the right combination of quality and service at a fair price Economic Environment Changes in Consumer Spending Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 25. The Company’s Macroenvironment Natural environment: natural resources that are needed as inputs by marketers or that are affected by marketing activities • Trends – Increased shortages of raw materials – Increased pollution – Increased government intervention – Increased environmentally sustainable strategies Natural Environment Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 26. The Company’s Macroenvironment Technological Environment • Most dramatic force in changing the marketplace • New products, opportunities • Concern for the safety of new products Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 27. The Company’s Macroenvironment • Legislation regulating business – Increased legislation – Changing government agency enforcement Political and Social Environment Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 28. The Company’s Macroenvironment • Increased emphasis on ethics – Socially responsible behavior – Cause-related marketing Political and Social Environment Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 29. The Company’s Macroenvironment Cultural environment consists of institutions and other forces that affect a society’s basic values, perceptions, and behaviors Cultural Environment Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 30. The Company’s Macroenvironment Core beliefs and values are persistent and are passed on from parents to children and are reinforced by schools, churches, businesses, and government Secondary beliefs and values are more open to change and include people’s views of themselves, others, organization, society, nature, and the universe Cultural Environment Persistence of Cultural Values Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 31. The Company’s Macroenvironment • People’s view of themselves – People vary in their emphasis on serving themselves versus serving others. • People’s view of others – More “cocooning” – staying home, home cooked meals Cultural Environment Shifts in Secondary Cultural Values Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 32. The Company’s Macroenvironment • People’s view of organizations – Decline of loyalty toward companies • People’s view of society – Patriots defend it – Reformers want to change it – Malcontents want to leave it Cultural Environment Shifts in Secondary Cultural Values Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 33. The Company’s Macroenvironment Cultural Environment Shifts in Secondary Cultural Values • People’s view of nature – Some feel ruled by it – Some feel in harmony with it – Some seek to master it • People’s view of the universe – Renewed interest in spirituality – Developed more permanent values – family, community, earth, – spirituality, ethics Copyright ©2014 by Pearson Education, Inc. All rights reserved
  • 34. Responding to the Marketing Environment Uncontrollable • React and adapt to forces in the environment Proactive • Aggressive actions to affect forces in the environment Reactive • Watching and reacting to forces in the environment Views on Responding Copyright ©2014 by Pearson Education, Inc. All rights reserved