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MARKETING ENVIRONME NT Dony Eko Prasetyo, S.IP. Marketing Environment Marketing environment includes the actors and forces outside marketing that affect marketing management’s ability to build and maintain successful relationships with target customers Marketing Environment Customers Micro environment (direct) Macro environment (external) Demographic Company Economic Cultural Publics Suppliers Company Competitors Customers Natural Political Intermediaries Technological Microenvironment Microenvironmentconsists 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 Actor in Microenvironment • Company’s Internal Environmentfunctional areas such as top management, finance, and manufacturing, etc. • Suppliers - provide the resources needed to produce goods and services. • Marketing Intermediaries - help the company to promote, sell, and distribute its goods to final buyers. Types of Marketing Intermediaries Resellers Physical distribution firms Marketing services agencies Financial intermediaries • Customers - five types of markets that purchase a company’s goods and services. • Competitors - those who serve a target market with similar products and services. • Publics - any group that perceives itself having an interest in a company’s ability to achieve its objectives. Customer Market International Markets Consumer Markets Company Government Markets Business Markets Reseller Markets Types of Public Macroenvironment Demographic Cultural Forces that Shape Opportunities and Pose Threats to a Company Political Economic Natural Technological The Company’s Macroenvironment • Demographic: – The study of human populations in terms of size, density, location, age, gender, race, occupation, and other statistics. – Marketers track changing age (aging population, family life cycle) and family structures (singles...), educational characteristics (better educated people, more white-collar people), and population diversity (gay and lesbian consumers, people with disabilities). Diversity-Based Advertising Based on careful study of cultural differences, Bank of America has developed targeted advertising messages for different cultural subgroups, here Asians and Hispanics. Age Distribution in U.S. Generational Cohorts* Baby Boomers (82 million people born 1946-1964) Generation X (45 million people born 1965-1976) Generation Y (Echo Boomers) (72 million people born 1977-1994 Woodstock, Kennedy Assassination, Vietnam Fighting aging: skin care, adventure vacations, health foods Divorce, AIDS The MTV generation; more cynical; honesty and irreverence in advertising The Internet, 9/11 Relate well to causes; teen markets * Events occurring when people first became economic adults (usually ages 17 – 21) and its affect on their lifelong attitudes and values. Changing Age Structure of the Population Baby boomers include people born between 1946 and 1964 • Most affluent Americans 3-24 Generation X includes people born between 1965 and 1976 • • • • • • High divorce rates Concerned about the environment Respond to socially responsible companies Less materialistic Quality of life Consumer organizations, environment groups, and minority groups • Generation Y includes people born between 1977 and 2000 • Internet generation 3-25 Economic Environment Consists of factors that affect consumer purchasing power and spending patterns. Changes in income and income distribution (vs. social class) – – – – Upper class Middle class Working class Underclass Income Distribution Walt Disney markets two distinct Pooh bears to match its twotiered market. Natural Environment • Involves the natural resources that are needed as inputs by marketers or that are affected by marketing activities. Factors Impacting the Natural Environment Shortages of Raw Materials Increased Pollution Increased Government Intervention Environmentally Sustainable Strategies Environmental Responsibility McDonald’s has made a substantial commitment to the so-called “green movement.” Technological Environment • Most dramatic force now shaping our destiny. • Changes rapidly. • Creates new markets and opportunities. • Challenge is to make practical, affordable products. • Safety regulations result in higher research costs and longer time between conceptualization and introduction of product. Political Environment Includes Laws, Government Agencies, and Pressure Groups that Influence or Limit Various Organizations and Individuals In a Given Society. Increasing Legislation Changing Government Agency Enforcement Increased Emphasis on Ethics & Socially Responsible Actions Cultural Environment • The institutions and other forces that affect a society’s basic values, perceptions, preference, and behaviors. • Core beliefs and values are passed on from parents to children and are reinforced by schools, churches, business, and government. • Secondary beliefs and values are more open to change. Cultural Environment Themselves Society’s Major Cultural Views Are Expressed in People’s Views of: Others Organizations Society Nature The Universe Respond to Marketing Environment • Reactive: Passive Acceptance and Adaptation – Companies design strategies that avoid threats and capitalize upon opportunities. • Proactive: Environmental Management – Use of lobbyists, PR, advertorials, lawsuits, complaints, and contractual agreements to influence environmental forces.