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Kotler Mktman 11ce Ch06

Apr 07, 2018

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Murtaza Moiz
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    Chapter 6

    Scanning the Marketing Environment

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    Kotler on

    Marketing

    Today you

    have to runfaster to stay

    in place.

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    Chapter Objectives In this chapter, we focus on two questions:

    What are the key methods for tracking and

    identifying opportunities in themacroenvironment?

    What are the key demographic, economic,

    natural, technological, political, and cultural

    developments?

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    Analyzing Needs and Trends in the

    Macroenvironment

    Trend

    Fad Megatrends

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    Given the definitions for fads,

    trends, and megatrends presented in

    the text, how would you define your

    online activities? Can you identify

    an online trend that is likely

    to grow into a megatrend?

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    The substantial speedup of international transportation,

    communication, and financial transactions, leading to the

    rapid growth of world trade and investment, especially

    tripolar trade (North America, Western Europe, Far East) The movement of manufacturing capacity and skills to

    lower cost countries.

    The rising economic power of several Asian countries in

    world markets. The rise of trade blocks such as the European Union and

    NAFTA signatories.

    Identifying and Responding to the Major

    Macroenvironment Forces

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    The severe debt problems of a number of countries, alongwith the increasing fragility of the international financialsystem.

    The increasing use of barter and countertrade to supportinternational transactions.

    The move toward market economies in formerly socialistcountries along with rapid privatization of publicly ownedcompanies.

    The rapid dissemination of global lifestyles.

    The gradual opening of major new markets, namely China,India, eastern Europe, the Arab countries, and LatinAmerica.

    Identifying and Responding to the Major

    Macroenvironment Forces

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    The increasing tendency of multinationals to transcend

    their locational and national characteristics and become

    transnational firms.

    The increasing number of national and cross-bordercorporate strategic alliancesfor example, MCI and British

    Telecom, and Texas Instruments and Hitachi.

    The increasing ethnic and religious conflicts in certain

    countries and regions. The growth of global brands in autos, food, clothing,

    electronics.

    Identifying and Responding to the Major

    Macroenvironment Forces

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    Demographic Environment

    Worldwide PopulationGrowth

    Population Age Mix

    Ethnic and Other

    Markets

    Identifying and Responding to the Major

    Macroenvironment Forces

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    Can you identify one or more

    nations whose populations hold the

    promise of huge potential marketsfor consumer goods? How have

    pressures from potential marketers

    to these untapped consumer

    groups driven the political

    discussion on a national

    and international level?

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    Educational & Literacy Groups

    Household Patterns

    Geographical Shifts in

    Population

    From a Mass Market

    to Micromarkets

    Identifying and Responding to the Major

    Macroenvironment Forces

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    Economic Environment

    Income Distribution Savings, Debt, and

    Credit Availability

    Identifying and Responding to the Major

    Macroenvironment Forces

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    Natural Environment

    Shortage of Raw Materials Increased Energy Cost

    Anti-Pollution Pressures

    Changing Role of Governments

    Identifying and Responding to the Major

    Macroenvironment Forces

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    Technological Environment

    Accelerating Pace of Change Unlimited Opportunities

    for Innovation

    Identifying and Responding to the Major

    Macroenvironment Forces

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    Varying R&D Budgets

    Increased Regulation of

    Technological Change

    Political-Legal Environment

    Legislation Regulating

    Business Growth of Special-Interest

    Groups

    Consumerist movement

    Identifying and Responding to the Major

    Macroenvironment Forces

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    Social-Cultural

    Environment

    Views of themselves

    Views of others

    Views of organizations

    Views of society Views of nature

    Views of universe

    Identifying and Responding to the Major

    Macroenvironment Forces

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    High Persistence of Core

    Cultural Values

    Existence of subcultures

    Subcultures

    Shifts of Secondary Cultural

    Values through Time

    Identifying and Responding to the Major

    Macroenvironment Forces