Presentation Title
Eye Care Marketing: from “Buy One Get One” to Marketing 5.0
Overview
BOGOF or simply put BOGO which are the acronyms for “Buy One Get One Free”, is one of the world’s oldest promotional techniques. It is simple and popular however today’s businesses need to progressively gamify their promotions to stand out against mediocrity and thrive in the modern professional landscape. In this lecture we will discuss with participants marketing in eye care from Marketing 1.0 to Marketing 5.0 and show some of the ideas throughout history as well as the latest ideas that distinguish this field. In the fifty minutes’ session we will also highlight additional required and optional skills to master and succeed in building competitive advantage and sustainable growth using effective eye care marketing strategies.
Presenter
Dr. Gilbert Nacouzi
Biography
Dr. Gilbert Nacouzi
Is an Optometrist by trade and did research in Entrepreneurship.
After completing his Bachelor's Degree in Optometry he studied strategy at Harvard Business School, Boston, USA
An MBA, Master of Business Administration with a concentration in Healthcare Management at Marylhurst University at Portland, Oregon USA
A DBA, Doctorate of Business Administration, and research in Business Administration, at Columbia Southern University, Orange Beach Alabama, USA.
Doctor Nacouzi has more than two decades of experience in working in the retail industry and building healthcare and eye care business models. He is the owner of Optic Nacouzi and he serves as Editor in Chief at Optical Forum Flipbook Magazine.
Marketing 3.0 (Prof. Dr. Aung Tun Thet)Htet Zan Linn
Marketing 3.0 Seminar facilitated by Prof. Dr. Aung Tun Thet, for 2nd Anniversary of Myanmar B2B Management Magazine. This is held on 13th September 2014, at National Theatre of Yangon, Myanmar.
Marketing 3.0 (Prof. Dr. Aung Tun Thet)Htet Zan Linn
Marketing 3.0 Seminar facilitated by Prof. Dr. Aung Tun Thet, for 2nd Anniversary of Myanmar B2B Management Magazine. This is held on 13th September 2014, at National Theatre of Yangon, Myanmar.
Marketing Social Definition, Marketing AMA Definition & Kotler Definition of Marketing Management. Plus Marketing demand states, Marketing Concepts, Company Orientation & Marketing Task.
Learning Objectives:
- To Understand What Consumer Behavior Is and the Different Types of Consumers.
- To Understand the Relationship Between Consumer Behavior and the Marketing Concept, the Societal Marketing Concept, as well as Segmentation, Targeting, and Positioning.
- To Understand the Relationship Between Consumer Behavior and Customer Value, Satisfaction, Trust, and Retention.
- To Understand How Marketers are Increasingly Able to Reach Consumers via Social Media and Better Satisfy the Needs and Wants of Consumers.
- To Understand the Makeup and Composition of a Model of Consumer Behavior.
defining marketing for the 21st century
,
what is marketing management
,
definition of marketing
,
marketing orientations/ philosophies / marketing c
,
marketing concept
,
core concepts of marketing
,
new consumer capabilities
,
the product concept
,
relationship between 4ps and 4cs/ and 4 as marketi
To appreciate the context of entrepreneurial marketing as distinct to traditional marketing
To examine the entrepreneurial marketing concept – philosophy and consumer orientation
To establish the areas vital to a marketing plan
To establish the concept and need for customer segmentation
To identify the key elements of an effective market survey
To outline the processes and entrepreneurial tactics in marketing esearch
To examine marketing on the internet and the emerging use of social media and mobile marketing for entrepreneurial firms
To differentiate green marketing from traditional marketing practice
To discuss the key features of a pricing strategy and how customisation influences the perception of price by the customer
This month we welcomed our first Optical Forum Editorial Board wave of members. A lot of responsibilities await us in the future. With the help of diverse, competent, and qualified board members we are confident that a lot will also be accomplished.
September is healthy aging month. The risk of vision loss due to age-related macular degeneration should not be underestimated. Eye care professionals spend a significant amount of time consulting with patients and presenting to the community about ways to reduce the risk of eye diseases as we age. We repeatedly emphasize on regular yearly eye exam, healthy diet, protection against Ultra Violet sunlight, appropriate protection against light transmitted from electronic devices, etc.
At Optical Forum and during September we continued to post new original content on daily basis. This month’s topics revolved around Eye Health, Technology, Practice Management, Motivation, emotional intelligence, along with other topics of entrepreneurship, leadership, marketing, etc…
Marketing Social Definition, Marketing AMA Definition & Kotler Definition of Marketing Management. Plus Marketing demand states, Marketing Concepts, Company Orientation & Marketing Task.
Learning Objectives:
- To Understand What Consumer Behavior Is and the Different Types of Consumers.
- To Understand the Relationship Between Consumer Behavior and the Marketing Concept, the Societal Marketing Concept, as well as Segmentation, Targeting, and Positioning.
- To Understand the Relationship Between Consumer Behavior and Customer Value, Satisfaction, Trust, and Retention.
- To Understand How Marketers are Increasingly Able to Reach Consumers via Social Media and Better Satisfy the Needs and Wants of Consumers.
- To Understand the Makeup and Composition of a Model of Consumer Behavior.
defining marketing for the 21st century
,
what is marketing management
,
definition of marketing
,
marketing orientations/ philosophies / marketing c
,
marketing concept
,
core concepts of marketing
,
new consumer capabilities
,
the product concept
,
relationship between 4ps and 4cs/ and 4 as marketi
To appreciate the context of entrepreneurial marketing as distinct to traditional marketing
To examine the entrepreneurial marketing concept – philosophy and consumer orientation
To establish the areas vital to a marketing plan
To establish the concept and need for customer segmentation
To identify the key elements of an effective market survey
To outline the processes and entrepreneurial tactics in marketing esearch
To examine marketing on the internet and the emerging use of social media and mobile marketing for entrepreneurial firms
To differentiate green marketing from traditional marketing practice
To discuss the key features of a pricing strategy and how customisation influences the perception of price by the customer
This month we welcomed our first Optical Forum Editorial Board wave of members. A lot of responsibilities await us in the future. With the help of diverse, competent, and qualified board members we are confident that a lot will also be accomplished.
September is healthy aging month. The risk of vision loss due to age-related macular degeneration should not be underestimated. Eye care professionals spend a significant amount of time consulting with patients and presenting to the community about ways to reduce the risk of eye diseases as we age. We repeatedly emphasize on regular yearly eye exam, healthy diet, protection against Ultra Violet sunlight, appropriate protection against light transmitted from electronic devices, etc.
At Optical Forum and during September we continued to post new original content on daily basis. This month’s topics revolved around Eye Health, Technology, Practice Management, Motivation, emotional intelligence, along with other topics of entrepreneurship, leadership, marketing, etc…
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Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
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Eye Care Marketing From Buy One Get One Free to Marketing 5.0.pptx
1. EyeCare
Marketing:
from “Buy One Get One” to Marketing 5.0
PAGE 1
Dr. Gilbert Nacouzi
Editor In Chief
Optical Forum Flipbook Magazine
2. ECPs
should be
directly
involved in
Marketing For
technical
and
social
Reasons
Reason 1: To understand the marketplace
Reason 2: To know where we will be in the future
Reason 3: To discover the customer segments
Reason 4: To direct sales
Reason 5: Marketing is a humanistic subject
PAGE 2
3. Series of
FIRSTS
since
1600s
The first department store in history, that is in Japan,
the Mitsui family in 1650.
The first newspaper ad that was in England in 1657, an ad for coffee
The first advertising agency in 1868 W. Ayers and Sons
The first Brand Name Product, 1870 Pears soap
The First Packaging 1880, Laundry soap in England
The first Marketing Research Department 1911 Curtis Publishing Co
The first Marketing books, that were written by economists.
PAGE 3
4. Forms of
Marketing
you may
find
yourself
in
Commercial Marketing
Place Marketing: location, surface, dress it up, furnish it, displays you use, make the customer
feel comfortable
Person Marketing: you market yourself like a Rock Star, on stage rather than the front raw, get
high visibility and get noticed, become a better product.
Social Marketing: eat healthy, stop smoking, no sugar, no computer screens. Celebrate days,
world woman day, world pistachio day, world optometry day, Glaucoma day.
Political Marketing: make an impact in the eye care, bring up awareness and advocacy by
becoming ambassador for a specific cause, better eye care, writing and advocating for specific
policies, a better educational system, advocating for post graduate degrees, continuing
education training, etc...
Fundraising Marketing: reward based crowdfunding, donation based crowdfunding, or even
equity based crowdfunding
PAGE 4
6. Generational Cohort Theory
Baby boomers (1946–1964)
Generation Xers (1965–1980)
Millennials (1981–1996)
Generation Z (1997–2012)
Generation Alpha (2011-2025)
PAGE 6
Generational Cohort Theory
Marketing X.0 Discussion of Outcomes References
7. Generational Cohort Theory
Baby boomers (1946–1964)
Generation Xers (1965–1980)
Millennials (1981–1996)
Generation Z (1997–2012)
Generation Alpha (2011-2025)
PAGE 7
Generational Cohort Theory
Marketing X.0 Discussion of Outcomes References
• Traditional, marketing savvy, wealthy
retirements
• Readers, computers users, use mobile
phones for texting
• Use social media to network with
family members, hardly respond to
ads.
• Loyal to brands, have the money to
still buy and use them.
8. Generational Cohort Theory
Baby boomers (1946–1964)
Generation Xers (1965–1980)
Millennials (1981–1996)
Generation Z (1997–2012)
Generation Alpha (2011-2025)
PAGE 8
Generational Cohort Theory
Marketing X.0 Discussion of Outcomes References
• Self-sufficient, results-oriented, hard-
working, and quiet achievers
• Savvy entrepreneurs, independent
thinkers, educated and life long
learners
• Value diversity, fun in the workplace,
inclusive, change jobs, value being
challenged
• Technology, digital, and social media
• Adapt and readily accept change in
the workplace, market, and its
environment.
• Spenders, researchers, read reviews,
love coupons or discounts.
• Value constructive feedback, dislike
being micromanaged
9. Generational Cohort Theory
Baby boomers (1946–1964)
Generation Xers (1965–1980)
Millennials (1981–1996)
Generation Z (1997–2012)
Generation Alpha (2011-2025)
PAGE 9
Generational Cohort Theory
Marketing X.0 Discussion of Outcomes References
• Largest age group, well-educated,
tech-savvy
• Idealistic, socially conscious, change
the world, green consumers, ethical
buying choices
• Distrustful of commercial advertising,
seek honesty, integrity, and respect
• Brand entertainment, advocates,
influencers, and peers
• Researchers, reviewers, loyalty offers
10. Generational Cohort Theory
Baby boomers (1946–1964)
Generation Xers (1965–1980)
Millennials (1981–1996)
Generation Z (1997–2012)
Generation Alpha (2011-2025)
PAGE 10
Generational Cohort Theory
Marketing X.0 Discussion of Outcomes References
• Influenced in less than 8 seconds
• Brand loyalty is not important, value
quality over loyalty;
• Influenced by family and peers,
creatively post on social media, value-
conscious,
• Own celebrities, socially right brands,
• Informal education path, practical and
logic-based offers.
11. Generational Cohort Theory
Baby boomers (1946–1964)
Generation Xers (1965–1980)
Millennials (1981–1996)
Generation Z (1997–2012)
Generation Alpha (2011-2025)
PAGE 11
Generational Cohort Theory
Marketing X.0 Discussion of Outcomes References
• Generation Alpha born after 2010
• will be the new kids on the block
• Kidfluencer Ryan’s World, 200M plus
sales influence, 32M YouTube sub, 1B
plus video viewers
• User, Buyer, Payer
12. Marketing X.0
1.0 2.0 3.0 4.0 5.0
PAGE 12
Generational Cohort Theory
Marketing X.0
Discussion of Outcomes References
Product Centric Customer Centric Human Centric Digital Shift Next Tech
• Aim: Only for Product
Sales
• Enabler: Industrial
Revolution
• Market: Mass
Customers with
material needs
• Marketing Concept:
Product Development
• Marketing Guidelines:
Product specificities
• Value Proposition:
Functional
• Aim: Satisfaction and
customer Retention
• Enabler: Information
Technology
• Market: intelligent
customers driven by
reason & emotions
• Marketing Concept:
Diversification &
distinction
• Marketing Guidelines:
positioning the
company & product
• Value Proposition:
Functional & Emotional
• Aim: The world is a
better place, + values
• Enabler: A New Wave
of Technology
• Market: A man with
reason, heart, and
soul
• Marketing Concept:
Providing higher
values
• Marketing Guidelines:
Mission, vision, and
company values
• Value Proposition:
Functional, Emotional,
& Spiritual
• Aim: Inspire clients to
Co-create new content
• Enabler: Digital
Economy
• Market: The citizen of
the network
• Marketing Concept:
Humanizing Brands
• Marketing Guidelines:
Promoting Content &
Creating Brands
• Value Proposition:
Commitment & Trust
• Aim: create & enhance
value across the
customer journey
• Enabler: Human-
mimicking technologies
• Market: All Five
Generations
• Marketing Concept:
create relationships
through technology
• Marketing Guidelines:
Balancing between human
and computer Intelligence
• Value Proposition:
Create more relevant
solutions
13. Marketing X.0
1.0 2.0 3.0 4.0 5.0
PAGE 13
Generational Cohort Theory
Marketing X.0
Discussion of Outcomes References
Product Centric Customer Centric Human Centric Digital Shift Next Tech
• Aim: Satisfaction and
customer Retention
• Enabler: Information
Technology
• Market: intelligent
customers driven by
reason & emotions
• Marketing Concept:
Diversification &
distinction
• Marketing Guidelines:
positioning the
company & product
• Value Proposition:
Functional & Emotional
• Aim: The world is a
better place, + values
• Enabler: A New Wave
of Technology
• Market: A man with
reason, heart, and
soul
• Marketing Concept:
Providing higher
values
• Marketing Guidelines:
Mission, vision, and
company values
• Value Proposition:
Functional, Emotional,
& Spiritual
• Aim: Inspire clients to
Co-create new content
• Enabler: Digital
Economy
• Market: The citizen of
the network
• Marketing Concept:
Humanizing Brands
• Marketing Guidelines:
Promoting Content &
Creating Brands
• Value Proposition:
Commitment & Trust
• Aim: create & enhance
value across the
customer journey
• Enabler: Human-
mimicking technologies
• Market: All Five
Generations
• Marketing Concept:
create relationships
through technology
• Marketing Guidelines:
Balancing between human
and computer Intelligence
• Value Proposition:
Create more relevant
solutions
It’s all about the product
• Best Quality
• Best Price
• Best Offers
• Buy One Get One
• Lifestyle discounts
• Flash sales
• Vouchers Coupons
• Joint promotions
• TV ads, radio,
magazines…
• Shopping Sprees
• Bundles
• Package deal
• Referral Discounts
• Family size
14. Marketing X.0
1.0 2.0 3.0 4.0 5.0
PAGE 14
Generational Cohort Theory
Marketing X.0
Discussion of Outcomes References
Product Centric Customer Centric Human Centric Digital Shift Next Tech
• Aim: Only for Product
Sales
• Enabler: Industrial
Revolution
• Market: Mass
Customers with
material needs
• Marketing Concept:
Product Development
• Marketing Guidelines:
Product specificities
• Value Proposition:
Functional
• Aim: Satisfaction and
customer Retention
• Enabler: Information
Technology
• Market: intelligent
customers driven by
reason & emotions
• Marketing Concept:
Diversification &
distinction
• Marketing Guidelines:
positioning the
company & product
• Value Proposition:
Functional & Emotional
• Aim: The world is a
better place, + values
• Enabler: A New Wave
of Technology
• Market: A man with
reason, heart, and
soul
• Marketing Concept:
Providing higher
values
• Marketing Guidelines:
Mission, vision, and
company values
• Value Proposition:
Functional, Emotional,
& Spiritual
• Aim: Inspire clients to
Co-create new content
• Enabler: Digital
Economy
• Market: The citizen of
the network
• Marketing Concept:
Humanizing Brands
• Marketing Guidelines:
Promoting Content &
Creating Brands
• Value Proposition:
Commitment & Trust
• Aim: create & enhance
value across the
customer journey
• Enabler: Human-
mimicking technologies
• Market: All Five
Generations
• Marketing Concept:
create relationships
through technology
• Marketing Guidelines:
Balancing between human
and computer Intelligence
• Value Proposition:
Create more relevant
solutions
15. Marketing X.0
1.0 2.0 3.0 4.0 5.0
PAGE 15
Generational Cohort Theory
Marketing X.0
Discussion of Outcomes References
Product Centric Customer Centric Human Centric Digital Shift Next Tech
• Aim: Only for Product
Sales
• Enabler: Industrial
Revolution
• Market: Mass
Customers with
material needs
• Marketing Concept:
Product Development
• Marketing Guidelines:
Product specificities
• Value Proposition:
Functional
• Aim: The world is a
better place, + values
• Enabler: A New Wave
of Technology
• Market: A man with
reason, heart, and
soul
• Marketing Concept:
Providing higher
values
• Marketing Guidelines:
Mission, vision, and
company values
• Value Proposition:
Functional, Emotional,
& Spiritual
• Aim: Inspire clients to
Co-create new content
• Enabler: Digital
Economy
• Market: The citizen of
the network
• Marketing Concept:
Humanizing Brands
• Marketing Guidelines:
Promoting Content &
Creating Brands
• Value Proposition:
Commitment & Trust
• Aim: create & enhance
value across the
customer journey
• Enabler: Human-
mimicking technologies
• Market: All Five
Generations
• Marketing Concept:
create relationships
through technology
• Marketing Guidelines:
Balancing between human
and computer Intelligence
• Value Proposition:
Create more relevant
solutions
It’s all about the customer
• Free shipping, delivery
• Phone Orders, 100%
satisfaction guaranty
or Money back
• Lifetime guaranty
• Lifetime repair service
• Free trial, Try before
you buy
• Return Policy
• CRM, Databases,
Metrics
• loyalty card program
• Customer
communication center
• support center
16. Marketing X.0
1.0 2.0 3.0 4.0 5.0
PAGE 16
Generational Cohort Theory
Marketing X.0
Discussion of Outcomes References
Product Centric Customer Centric Human Centric Digital Shift Next Tech
• Aim: Only for Product
Sales
• Enabler: Industrial
Revolution
• Market: Mass
Customers with
material needs
• Marketing Concept:
Product Development
• Marketing Guidelines:
Product specificities
• Value Proposition:
Functional
• Aim: Satisfaction and
customer Retention
• Enabler: Information
Technology
• Market: intelligent
customers driven by
reason & emotions
• Marketing Concept:
Diversification &
distinction
• Marketing Guidelines:
positioning the
company & product
• Value Proposition:
Functional & Emotional
• Aim: The world is a
better place, + values
• Enabler: A New Wave
of Technology
• Market: A man with
reason, heart, and
soul
• Marketing Concept:
Providing higher
values
• Marketing Guidelines:
Mission, vision, and
company values
• Value Proposition:
Functional, Emotional,
& Spiritual
• Aim: Inspire clients to
Co-create new content
• Enabler: Digital
Economy
• Market: The citizen of
the network
• Marketing Concept:
Humanizing Brands
• Marketing Guidelines:
Promoting Content &
Creating Brands
• Value Proposition:
Commitment & Trust
• Aim: create & enhance
value across the
customer journey
• Enabler: Human-
mimicking technologies
• Market: All Five
Generations
• Marketing Concept:
create relationships
through technology
• Marketing Guidelines:
Balancing between human
and computer Intelligence
• Value Proposition:
Create more relevant
solutions
17. Marketing X.0
1.0 2.0 3.0 4.0 5.0
PAGE 17
Generational Cohort Theory
Marketing X.0
Discussion of Outcomes References
Product Centric Customer Centric Human Centric Digital Shift Next Tech
• Aim: Only for Product
Sales
• Enabler: Industrial
Revolution
• Market: Mass
Customers with
material needs
• Marketing Concept:
Product Development
• Marketing Guidelines:
Product specificities
• Value Proposition:
Functional
• Aim: Satisfaction and
customer Retention
• Enabler: Information
Technology
• Market: intelligent
customers driven by
reason & emotions
• Marketing Concept:
Diversification &
distinction
• Marketing Guidelines:
positioning the
company & product
• Value Proposition:
Functional & Emotional
• Aim: Inspire clients to
Co-create new content
• Enabler: Digital
Economy
• Market: The citizen of
the network
• Marketing Concept:
Humanizing Brands
• Marketing Guidelines:
Promoting Content &
Creating Brands
• Value Proposition:
Commitment & Trust
• Aim: create & enhance
value across the
customer journey
• Enabler: Human-
mimicking technologies
• Market: All Five
Generations
• Marketing Concept:
create relationships
through technology
• Marketing Guidelines:
Balancing between human
and computer Intelligence
• Value Proposition:
Create more relevant
solutions
It’s all about the Human
• Data Mining, Tracking
Metrics, analytics
• Social Media Facebook,
Instagram, YouTube,
Twitter, tumblr
• SEO, Google, yahoo,
• Addressing Customer
Concerns
• Buy 1 Give 1 Free
• Corporate Social
Responsibility, CSV
• Fighting for social
cause, Creating
Awareness, Advocating
18. Marketing X.0
1.0 2.0 3.0 4.0 5.0
PAGE 18
Generational Cohort Theory
Marketing X.0
Discussion of Outcomes References
Product Centric Customer Centric Human Centric Digital Shift Next Tech
• Aim: Only for Product
Sales
• Enabler: Industrial
Revolution
• Market: Mass
Customers with
material needs
• Marketing Concept:
Product Development
• Marketing Guidelines:
Product specificities
• Value Proposition:
Functional
• Aim: Satisfaction and
customer Retention
• Enabler: Information
Technology
• Market: intelligent
customers driven by
reason & emotions
• Marketing Concept:
Diversification &
distinction
• Marketing Guidelines:
positioning the
company & product
• Value Proposition:
Functional & Emotional
• Aim: The world is a
better place, + values
• Enabler: A New Wave
of Technology
• Market: A man with
reason, heart, and
soul
• Marketing Concept:
Providing higher
values
• Marketing Guidelines:
Mission, vision, and
company values
• Value Proposition:
Functional, Emotional,
& Spiritual
• Aim: Inspire clients to
Co-create new content
• Enabler: Digital
Economy
• Market: The citizen of
the network
• Marketing Concept:
Humanizing Brands
• Marketing Guidelines:
Promoting Content &
Creating Brands
• Value Proposition:
Commitment & Trust
• Aim: create & enhance
value across the
customer journey
• Enabler: Human-
mimicking technologies
• Market: All Five
Generations
• Marketing Concept:
create relationships
through technology
• Marketing Guidelines:
Balancing between human
and computer Intelligence
• Value Proposition:
Create more relevant
solutions
19. Marketing X.0
1.0 2.0 3.0 4.0 5.0
PAGE 19
Generational Cohort Theory
Marketing X.0
Discussion of Outcomes References
Product Centric Customer Centric Human Centric Digital Shift Next Tech
• Aim: Only for Product
Sales
• Enabler: Industrial
Revolution
• Market: Mass
Customers with
material needs
• Marketing Concept:
Product Development
• Marketing Guidelines:
Product specificities
• Value Proposition:
Functional
• Aim: Satisfaction and
customer Retention
• Enabler: Information
Technology
• Market: intelligent
customers driven by
reason & emotions
• Marketing Concept:
Diversification &
distinction
• Marketing Guidelines:
positioning the
company & product
• Value Proposition:
Functional & Emotional
• Aim: The world is a
better place, + values
• Enabler: A New Wave
of Technology
• Market: A man with
reason, heart, and
soul
• Marketing Concept:
Providing higher
values
• Marketing Guidelines:
Mission, vision, and
company values
• Value Proposition:
Functional, Emotional,
& Spiritual
• Aim: create & enhance
value across the
customer journey
• Enabler: Human-
mimicking technologies
• Market: All Five
Generations
• Marketing Concept:
create relationships
through technology
• Marketing Guidelines:
Balancing between human
and computer Intelligence
• Value Proposition:
Create more relevant
solutions
It’s all about Friends,
Family, Fans, and
Followers
• Social Online Shopping,
• Optimizing your
website to multiple
devices: computers,
laptops, mobile,
tablets, wearables,
• Reviews, feedback,
Websites, Blogs, Social
Media, Mobile Apps
• High connectivity
across networks, new
customer path,
touchpoints
20. Marketing X.0
1.0 2.0 3.0 4.0 5.0
PAGE 20
Generational Cohort Theory
Marketing X.0
Discussion of Outcomes References
Product Centric Customer Centric Human Centric Digital Shift Next Tech
• Aim: Only for Product
Sales
• Enabler: Industrial
Revolution
• Market: Mass
Customers with
material needs
• Marketing Concept:
Product Development
• Marketing Guidelines:
Product specificities
• Value Proposition:
Functional
• Aim: Satisfaction and
customer Retention
• Enabler: Information
Technology
• Market: intelligent
customers driven by
reason & emotions
• Marketing Concept:
Diversification &
distinction
• Marketing Guidelines:
positioning the
company & product
• Value Proposition:
Functional & Emotional
• Aim: The world is a
better place, + values
• Enabler: A New Wave
of Technology
• Market: A man with
reason, heart, and
soul
• Marketing Concept:
Providing higher
values
• Marketing Guidelines:
Mission, vision, and
company values
• Value Proposition:
Functional, Emotional,
& Spiritual
• Aim: Inspire clients to
Co-create new content
• Enabler: Digital
Economy
• Market: The citizen of
the network
• Marketing Concept:
Humanizing Brands
• Marketing Guidelines:
Promoting Content &
Creating Brands
• Value Proposition:
Commitment & Trust
• Aim: create & enhance
value across the
customer journey
• Enabler: Human-
mimicking technologies
• Market: All Five
Generations
• Marketing Concept:
create relationships
through technology
• Marketing Guidelines:
Balancing between human
and computer Intelligence
• Value Proposition:
Create more relevant
solutions
21. Marketing X.0
1.0 2.0 3.0 4.0 5.0
PAGE 21
Generational Cohort Theory
Marketing X.0
Discussion of Outcomes References
Product Centric Customer Centric Human Centric Digital Shift Next Tech
• Aim: Only for Product
Sales
• Enabler: Industrial
Revolution
• Market: Mass
Customers with
material needs
• Marketing Concept:
Product Development
• Marketing Guidelines:
Product specificities
• Value Proposition:
Functional
• Aim: Satisfaction and
customer Retention
• Enabler: Information
Technology
• Market: intelligent
customers driven by
reason & emotions
• Marketing Concept:
Diversification &
distinction
• Marketing Guidelines:
positioning the
company & product
• Value Proposition:
Functional & Emotional
• Aim: The world is a
better place, + values
• Enabler: A New Wave
of Technology
• Market: A man with
reason, heart, and
soul
• Marketing Concept:
Providing higher
values
• Marketing Guidelines:
Mission, vision, and
company values
• Value Proposition:
Functional, Emotional,
& Spiritual
• Aim: Inspire clients to
Co-create new content
• Enabler: Digital
Economy
• Market: The citizen of
the network
• Marketing Concept:
Humanizing Brands
• Marketing Guidelines:
Promoting Content &
Creating Brands
• Value Proposition:
Commitment & Trust
All about the technology
• Artificial Intelligence AI
• Internet of things IOT
• Virtual Reality VR
• NFT and Metaverse
• Tracking, Mapping, and
optimizing Touchpoints
throughout the
customer experience.
• NLP Natural Processing
Language in digital
Marketing
• Machine Learning
• Predictive Analytics
22. Marketing X.0
1.0 2.0 3.0 4.0 5.0
PAGE 22
Generational Cohort Theory
Marketing X.0
Discussion of Outcomes References
Product Centric Customer Centric Human Centric Digital Shift Next Tech
It’s all about the customer
• Free shipping, delivery
• Phone Orders, 100%
satisfaction guaranty
or Money back
• Lifetime guaranty
• Lifetime repair service
• Free trial, Try before
you buy
• Return Policy
• Returning Customer
discounts
• loyalty card program
• Customer
communication center
• support center
It’s all about Friends,
Family, Fans, and
Followers
• Social Online Shopping,
• Optimizing your
website to multiple
devices: computers,
laptops, mobile,
tablets, wearables,
• Reviews, feedback,
Websites, Blogs, Social
Media, Mobile Apps
• High connectivity
across networks, new
customer path,
touchpoints
It’s all about the Human
• Data Mining, Tracking
Metrics, analytics
• Social Media Facebook,
Instagram, YouTube,
Twitter, tumblr
• SEO, Google, yahoo,
• Addressing Customer
Concerns
• Buy 1 Give 1 Free
• Corporate Social
Responsibility, CSV
• Fighting for social
cause, Creating
Awareness, Advocating
It’s all about the customer
• Free shipping, delivery
• Phone Orders, 100%
satisfaction guaranty
or Money back
• Lifetime guaranty
• Lifetime repair service
• Free trial, Try before
you buy
• Return Policy
• CRM, Databases,
Metrics
• loyalty card program
• Customer
communication center
• support center
It’s all about the product
• Best Quality
• Best Price
• Best Offers
• Buy One Get One
• Lifestyle discounts
• Flash sales
• Vouchers Coupons
• Joint promotions
• TV ads, radio,
magazines…
• Shopping Sprees
• Bundles
• Package deal
• Referral Discounts
• Family size
23. Discussion And
Outcomes
Marketing 1.0: Marketing To Baby
Boomers.
Marketing 2.0: Marketing To Gen X.
Marketing 3.0: Marketing To Millennials.
Marketing 4.0: Marketing To Gen Z.
Marketing 5.0: Marketing To Gen α.
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Generational Cohort Theory Marketing X.0
Discussion of Outcomes
References
24. References
References
Kotler, P., Kartajaya, H., & Setiawan, I. (2021). Marketing 5.0:
Technology for humanity. John Wiley & Sons.
Lambin, J. J. (2013). Changing market relationships in the
internet age. Presses univ. de Louvain.
Mannheim, K. (1970). The problem of
generations. Psychoanalytic review, 57(3), 378-404.
Moss, S. (2010). Generational cohort theory. Psychlopedia,
Key theories, Developmental Theories, Erisim Tarihi, 27,
2014.
Nacouzi, G. P. (2019). The Influence of National Culture on
Crowdfunding Adoption (Doctoral dissertation, Columbia
Southern University).
“image: Freepik.com”. This presentation has been designed
using resources from Freepik.com
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First Skill Second Skill Third Skill
References