SlideShare a Scribd company logo
EyeCare
Marketing:
from “Buy One Get One” to Marketing 5.0
PAGE 1
Dr. Gilbert Nacouzi
Editor In Chief
Optical Forum Flipbook Magazine
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
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
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
Presentation
Outline
PAGE 5
Generational Cohort Theory
Marketing X.0
Discussion of Outcomes
We will cover these Topics
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
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.
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
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
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.
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
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
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
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
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
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
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
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
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
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
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
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
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.
PAGE 23
Generational Cohort Theory Marketing X.0
Discussion of Outcomes
References
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
PAGE 24
First Skill Second Skill Third Skill
References

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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
  • 5. Presentation Outline PAGE 5 Generational Cohort Theory Marketing X.0 Discussion of Outcomes We will cover these Topics
  • 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. PAGE 23 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 PAGE 24 First Skill Second Skill Third Skill References