This document discusses the marketing environment and macroenvironment. It defines the macroenvironment as comprising the demographic, economic, natural, technological, political, and cultural forces outside of marketing that influence it. Each of these macroenvironmental segments are then defined and trends in factors like age structure, family structures, economic conditions, natural resources, technology, laws and regulations, and cultural values are outlined. The document concludes that marketers must understand how these macroenvironmental forces are changing and either take action to influence them or adapt marketing strategies in response.
1. THE MARKETING
ENVIRONMENT
THE MACRO ENVIRONMENT
By Izzah Azimah Binti Noh
ALL SOURCES FROM Philip Kotler, G. A. (15th Edition). Principles of
Marketing. United Stated: Pearson Education @ 20114.
2. The actors and forces outside marketing that affect
marketing management’s ability to build and maintain
successful relationships with target customers
THE MARKETING
ENVIRONMENT
3. The larger societal forces that affect:; Demographic,
Economic, Natural, Technological, Political and Cultural
forces or
TH E M A C RO E N V I RO N M E N T
4.
5. DEMOGRAPHIC
Demographics is the study of populations in term of size, density,
location, age, race, sex, income, education and etc.
Changes in the world demographic environment have major
implication for business.
Marketers need to analyse on demographic factor are:
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Change age structure
Family structures
Geographic population shifts
Educational characteristic
Population diversity
6. 1. CHANGE THE AGE
STRUCTURE
Baby boomers (Born between 1946-1964)
Most powerful forces shaping the marketing environment.
Rethinking the purpose and value of their work, responsibilities and
relationships.
Reach their peak earning and spending years.
Constitute a lucrative market for marketers
7. Generation X ( born between 1965 and 1976)
Less materialistic than the other group.
More sceptical bunch.
Most educated generation to date
Posses hefty annual purchasing power
Generation Y/ Millennial ( born between 1977 and 2000)
Most financially strapped generation
Facing higher unemployment
Saddled with more debt
Yuppies
Nearly bankrupt
Utter fluency and comfort with digital technology
8. 2. FAMILY STRUCTURES
The traditional household consist of husband, wife and children
(also grandparents)
The changes of family institution structures also consist of nontraditional household:
Married couples without children
Single living alone/ adults of one
Divorcing or separating
Not to marry
Marrying later
Marrying without attending to have children
9. ECONOMIC
Economic environment consist of economic factors that affect
consumer purchasing power spending patterns
Types of economic environment:
Industrial economies
: constitute rich markets for many kinds of
goods.
Subsistence economies : consume most of their own agricultural
and industrial output and other few market
opportunities.
Developing economies : offer outstanding marketing opportunities
for the right kind of products
10. NATURAL ENVIRONMENT
The physical environment and the natural resources that are
needed as inputs by marketers or that are affected by marketing
activities.
Unexpected happenings in the physical environment (weather to
natural disaster)
Trends:
Involves growing shortages of raw materials
Increased pollution
Government intervention in natural resources management
12. POLITICAL AND SOCIAL
Consist of laws, government agencies and pressure groups that
influence or limit various organizations and individuals in a given
society.
Reason of legislation regulating business:
To protect company from each other
To protect consumer from unfair business practices
To protect interest of society against unrestrained behaviour
13. Social responsible actions:
Socially responsible behaviour
- Do the right thing from the behaviour of manager to the
workers in the company.
Cause-related marketing
- To exercise their social responsibility and build more
positive images, many companies are now linking
themselves to worthwhile causes.
14. CULTURAL
Consist of institutions and other forces that affect a society’s basic
values, perceptions, preferences and behaviors.
The major cultural values of a society are expressed in people
view’s of:
Themselves : people vary in their emphasis on serving themselves
versus serving other.
Others
: people’s attitudes towards and interactions with others
shift over time.
Organizations: people vary their attitudes towards coorperations,
government agencies, trade unions, universities and
other organization.
15. Society
Nature
Universe
: people vary their attitudes towards their societypatriots defend it, reformers want to change it and
malcontents want to leave it.
: people vary their attitudes towards nature.
: people vary their beliefs about of the universe and
their place in it.
16. RESPONDING TO THE
MARKETING ENVIRONMENT
Those who make things happen:
Take aggressive actions to affect the publics and forces in
their marketing environment
Develop strategies to change the environment
Those who watch things happen:
Passively accept the marketing environment.
Do not try to change it.
Those who wonder what’s happened:
Confused to do an actions and failed to identify the problem
because of the environment changes