Societal Impact of  Marketing Communications MKT4007
Is it Strong? Weak? The source of all evil? Subliminal and pervasive?
The problem Marketing Materialism False Wants “Cultural Pollution” Political Power No Social Goods
Distorted Competition Natural competition is distorted because: High barriers to entry (brands?) Acquisition of competitors Collusion Political influence
High Prices Inflated Prices through Marketing Mark-up Segmentation Targeted products
Deception Various deception tactics, such as False pricing claims Deceptive (“bulked”) packaging Untrue claims/ “omissions” in comms
Selling Deceptive Sales techniques, especially Focus on high-pressure selling Deceptive sales techniques
Bad Products Inferior or unsafe products, because Poor training Poor safety mechanisms “ Made in XYZ” syndrome Potentially harmful products
Product Lifetime Obsolescence “Conned” into buying new products because: Need for replacement before obsolete Style-slaving Feature manipulation
Disadvantaged Consumer Whammy Products suited for affluent markets: “ Poor” pay more (PAYG) Weblining
Actions against marketing Selling practices Advertising decisions Channel decisions Product decisions Packaging decisions Price decisions Competitive reaction decisions
Remember... You
The “tricky triangle” Society & Welfare Company & Profit Consumers’ Wants
Product Classification Consumer Benefit Consumer Satisfaction Low High High Pleasing Products Deficient Products Desirable Products Salutary Products
Sustainable Marketing Marketing focused on real consumer-orientation Products which provide real improvements for the consumer Companies mission driven by societal needs, not product(s /categories ) Hones, truthful and complete communication

Mkt4007 7

  • 1.
    Societal Impact of Marketing Communications MKT4007
  • 2.
    Is it Strong?Weak? The source of all evil? Subliminal and pervasive?
  • 3.
    The problem MarketingMaterialism False Wants “Cultural Pollution” Political Power No Social Goods
  • 4.
    Distorted Competition Naturalcompetition is distorted because: High barriers to entry (brands?) Acquisition of competitors Collusion Political influence
  • 5.
    High Prices InflatedPrices through Marketing Mark-up Segmentation Targeted products
  • 6.
    Deception Various deceptiontactics, such as False pricing claims Deceptive (“bulked”) packaging Untrue claims/ “omissions” in comms
  • 7.
    Selling Deceptive Salestechniques, especially Focus on high-pressure selling Deceptive sales techniques
  • 8.
    Bad Products Inferioror unsafe products, because Poor training Poor safety mechanisms “ Made in XYZ” syndrome Potentially harmful products
  • 9.
    Product Lifetime Obsolescence“Conned” into buying new products because: Need for replacement before obsolete Style-slaving Feature manipulation
  • 10.
    Disadvantaged Consumer WhammyProducts suited for affluent markets: “ Poor” pay more (PAYG) Weblining
  • 11.
    Actions against marketingSelling practices Advertising decisions Channel decisions Product decisions Packaging decisions Price decisions Competitive reaction decisions
  • 12.
  • 13.
    The “tricky triangle”Society & Welfare Company & Profit Consumers’ Wants
  • 14.
    Product Classification ConsumerBenefit Consumer Satisfaction Low High High Pleasing Products Deficient Products Desirable Products Salutary Products
  • 15.
    Sustainable Marketing Marketingfocused on real consumer-orientation Products which provide real improvements for the consumer Companies mission driven by societal needs, not product(s /categories ) Hones, truthful and complete communication