STUDENT ID No: 140019055 (If group coursework, please list all ID Nos.) MODULE CODE: MN5405 SCHOOL OF MANAGEMENT Taught Postgraduate Programmes MODULE TITLE: Dialogue and Debate in Marketing (Masterclass) PROGRAMME: M.Litt. Marketing (eg. MLitt Marketing, MLitt International Business, MLitt Finance and Management, etc) MODULE COORDINATOR: Julie Brooks WORD COUNT: 3,189 (Tables, even those input as images, will be counted as part of the word count) 1
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STUDENT ID No: 140019055(If group coursework, please list all ID Nos.)
MODULE CODE: MN5405
SCHOOL OF MANAGEMENTTaught Postgraduate Programmes
MODULE TITLE: Dialogue and Debate in Marketing(Masterclass)
PROGRAMME: M.Litt. Marketing(eg. MLitt Marketing, MLitt International Business, MLitt Finance and Management, etc)
MODULE COORDINATOR: Julie Brooks
WORD COUNT: 3,189(Tables, even those input as images, will be counted as part of
the word count)
1
DEADLINE DATE: 05th May 2015In submitting this assignment I hereby confirm that:
I have read and understood the University’s policy on academic misconduct.
I confirm that this assignment is all my own work. I confirm that in preparing this piece of work I have not copied any
other person’s work, or any other pieces of my own work. I confirm that this piece of work has not previously been submitted
for assessment on another programme.Introduction
As a part of MN5405 module assignment, I was asked to
write a fortnightly blog on each master-class topic. This
piece of paper is an edited version of my five original
blogs. I enjoyed writing these blog entries as they
helped me build a new skill of critical reflective
writing. We tend to reflect back on a lot of things when
we talk to friends about our past experiences, however, I
never had a chance to reflect on my academic knowledge
and learning in an assignment. Thus, I thoroughly enjoyed
writing and then compiling these blogs together because
they enhanced my knowledge on some topics and changed my
outlook on others.
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Blog 1: TRUST and WOM
Trust in EWOM was the focal point of discussion in the
lecture and the seminar and if there is one thing I
learned in the past two weeks, it is that trust is the
most important element in eWOM (Reichheld and Schefter,
2000). On a personal level, I never gave trust in eWOM
much importance and till today, treated it as traditional
WOM. I trust an Amazon rating as much as I trust a
friend’s recommendation. This however, depends on the
friend’s credibility. Therefore, trust, as an issue in
traditional WOM is equally important as eWOM because
personally, I would choose a restaurant recommended by
random peers on Tripadvisor over than a restaurant by a
friend who has given a bad recommendation previously.
CELEBRITY!
The argument of credibility leads from trust in peers to
trust in experts. Despite being more credible, Carswell
(2014) maintains that most experts are influenced and
biased, therefore, should not be blindly trusted. Experts
might be credible, but can be biased. Highway On My
Plate, an experts lead review show of street food across
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India was my favourite and most trusted source for street
food until they rated a dhaba (roadside restaurants in
India) in my hometown very highly, which I always thought
was disgusting. This reduced my trust in the experts,
however this does not mean that they are not credible.
Biasness was introduced by me (trustor) and not than the
experts. Biswas et al. (2006) argue that experts are more
trusted in technology-oriented products whereas
celebrities are more likely to be trusted in non-
technical products. People like me might have more faith
in their favourite celebrity’s food choice than an
expert’s, but what happens when the expert becomes a
celebrity and a fan favourite. I believe that that we do
not trust celebrities; we just admire them and therefore,
are more inclined to buy products/reviews endorsed by our
favourite celebrities. I would buy Puma football boots
not because they might be the best, but because Santi
Cazorla, a footballer I admire, endorses them.
EXPERTS!
The tutorial facilitators’ innovative games tested the
debate of trusting peers or experts/celebrities. Our
fellow colleagues trusted us blindly even when half of us
were lying, highlighting how big an issue trust is in
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traditional WOM rather than eWOM because the reviewers
and the recipients were neither anonymous, nor
celebrities and/or experts. Finally, they were both
minimal in volume. In eWOM, I believe volume is an
important factor. King et al (2014) stressed on the
importance of eWOM and how it has enhanced volume and
provides a broader platform than traditional WOM. Nis and
Nebler (2014) maintain that eWOM has high volume of
reviewers and recipients, making it a more effective tool
than WOM. I did not go to a number 1 rated restaurant on
Tripadvisor because it only had 25 reviews, leading me to
believe that low volume of reviews means either all
reviews are influenced, or the rating it 1st based on 25
reviews reduces the credibility of peer reviews. Jeacle
and Carter (2011) support the notion as they argue that
Tripadvisor possesses incredible power to influence the
travel industry.
PEER!
To conclude, from personal experience, trust is a big
issue in WOM and eWOM. Celebrities and celeb-experts
rather than experts are more influential. Peers, on the
other hand, are trusted when they are anonymous, but
large in volumes whereas trusting a peer providing WOM
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personally depends on congruency between the trustor and
the peer and also on previous history.
CELEB EXPERTS!
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Blog 2: Retail Logistics and SCM
I personally enjoyed this lecture and the topic a lot
because I have covered SCM, and Collaborative Planning,
Forecasting and Replenishment (CPFR), Sales and
Operations Planning (S&OP) and their effects on SCM
during my undergraduate degree at Loughborough
University. Furthermore, my role while working at the
Birtley depot for JT Dove involved SCM where I our
company was the middleman between the manufacturers and
our customers, who were builders and plumbers.
As illustrated by Zara’s exemplary efforts, SCM has now
become a key business area that can give a company a
competitive edge over its rivals (Fernie and Sparks,
2009). Rising demand to get the products delivered at the
customer’s convenience highlights the significance of
SCM. However, SCMs is not restricted to online sales
only. I don’t buy clothes online. Maybe, because I am a
male but still, I think clothes and fashion products are
something that need to be tried and evaluated and
therefore, physical stores are still the priority. Schuh
generates only 15% of its revenue from online sales and
their representative stressed on how in-store sales are
still the most focused upon by their SCM. Similarly, in
the building industry, while working in supply chain for
JT Dove, the customers made most orders physically after
observing the products rather than online. This
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highlights two things in terms of SCM. First, customers
still want to see what they buy, especially when they are
not making a repeat purchase. Second, as JT Dove were
mostly engaged in sales to trade and clients and not the
general public physical stores even in B2B sales are
still important. Therefore, agile supply chain in
seasonal products such as fashion and building materials
is still the most economical and efficient way of SCM.
Thanks to satnav’s occasional bungling, a problem for
Dove and fashion retailers face is the last mile problem,
making SCM inefficient. That is why in-store pickups what
companies want. DCs control the 50% of Next’s online
orders are collected from stores, resulting in efficient
SCM as it minimises the last mile problem (Fernie and
Temple, 2009). An advantage to customers is what the
Clark’s salesman in St Andrews suggested to me when I
went to return a pair of shoes; order as many pairs as
you want and get them delivered to the store for free
rather than to your place for extra charge, try them all
and then keep the one want and return the rest in-store
and also save on return postage.
Things are quite different in food retail. Fernie et al.
(2010) maintains that Tesco’s model of introducing DCs
for online deliveries and in-store distribution has set
SCM standards for other retailers in the UK. However, the
lectures slide maintain that Tesco, in a lot of areas,
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still does pick up from stores rather than from RDCs
whereas all other food retailers use RDCs to deliver
online ordered products (Fernie and Corcoran, 2011).
Tesco’s partnership with Otto in carrying predictive
analytics to forecast demand and managing SCM has made
their model a champion as this saves them from running
the risk of unavailability of products for delivery or
for in-store customers (Clarke, 2013). Another reason for
this model being more successful is it saves cost on
transporting and storing refrigerated food to different
locations, especially in countries like India where
warehousing conditions are horrendous.
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Reflective Blog 3: Social Marketing
Whenever marketing or advertising is mentioned, one
mostly thinks about the negative side of the subject. We
tend to think of the ethical issues, consumerism,
materialism, and how these are facilitated by marketing
and advertising. Being a student of the subject, I
relished the topic of social marketing as it illustrated
the good side of marketing and advertising. Social
marketing was not widely covered while studying marketing
in my undergraduate management degree. The lecture was
also immensely helpful for the essay for MN5554.
Lefebvre (2012) described social marketing as part of a
wicked problem. I am going to focus on some aspects of
wickedness of understanding social marketing.
One thing that wasn’t clear for me was the difference
between cause related is and social marketing. I wouldn’t
think so because cause related marketing might be for a
social cause, but its ultimate aim is to promote the core
product through the cause. For example, KFC’s campaign of
raising breast cancer awareness through pink chicken
buckets was not because they wanted to solely prevent
breast cancer, but because KFC would have increased
goodwill and higher sales (Newman, 2012).
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The second thing that intrigued me was whether
philanthropy is similar to social marketing. According to
Paredo and McLean (2006), Ben and Jerry’s donated £1bn
for creating homes for the poor in the UK (a noble
cause). They are creating social benefit, but is this
social marketing? I don’t think so because I am raising
£2,850 for Meningitis Research Foundation to climb
Kilimanjaro and despite being glad that I can contribute
to reducing a social problem my ultimate goal is to climb
Kilimanjaro and not create social benefit. Similarly, Ben
and Jerry’s goal through charities is increased goodwill
and awareness and not purely social benefit. Finally,
Polonsky and Wood (2001) support the argument by
maintaining that corporate giving is commercialised,
resulting in harming the society rather than benefiting
it. My dad is a banker and that bank sells a self clicked
photo of the Golden Temple, Amritsar for a minimal price
and all the earnings through the those sales are
proceeded to Pinglewara, an institute for the destitute
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and disabled. Does this mean the bank is involved in
social marketing or just philanthropy? I think the bank
is just making charitable donations whereas any
advertisements by Pinglewara would be classified under
social marketing.
Now does all this mean that social marketing is limited
to government campaigns only? No, because a lot of
celebrities and also companies address social causes with
no intentions to promote a product or enhance goodwill
through it. For example, PETA does not promote any
products or services and despite involving celebrities,
solely focuses on its core purpose of abolishing animal
slavery.
Social marketing is not very popular because its success
is not measured. (Southwell et al, 2002). For instance,
it is not necessary that cigarette sales declined because
“Truth” was successful. Maybe, “Truth” was very
successful, but there is no direct method to establish
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the successfulness of a social marketing campaign. When
does a company decide that the campaign should be
withdrawn? If measuring success is difficult, it makes it
difficult for the company to decide if it should be
withdrawn and whether the firm should stop further
investments in it or not? Grier and Bryant (2005)
maintain that social marketing campaigns need thorough
research and continuous monitoring, but do not provide a
solution on when or after how much time does the campaign
need re-evaluation.
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Blog 4: Public relation (PR) and Marketing- Same
Difference?
Until the lecture, I really thought of PR as a small part
of marketing. However, my outlook on the two fields is
completely changed now. The best thing about the lecture
was that we had a richly experienced journalist and a
very passionate and enthusiastic PR professional giving
us their inputs and sharing their knowledge of their
respective fields. This helped me because I listened to
people with first hand experience with original ideas and
points of views on the importance of journalism, PR,
marketing, and their integration.
From my perspective, marketing is about products and
services whereas generally, PR is about the whole
company. For example, UNESCO’s #LikeAGirl was a perfect
PR campaign. However, that makes me wonder whether PR
campaigns can be linked to social marketing, especially
if carried out by non-profit organisations. #LikeAGirl
focused on women empowerment and stereotypes against
women, which is a social issue. Does that make it a PR or
a social marketing campaign? After the lecture, I built a
clearer perspective on PR. As per Wynne (2014), for
profit-oriented companies, PR is non-paid promotions,
therefore, more credible because they are not bought but
independently verified by third parties like BBC, Capital
FM etc. However, I still think that PR is about the
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company rather than one product. I understand PR is more
of a stunt, rather than a campaign, that a company hopes
to bring under journalists’ or public notice in order for
it to be covered on social media or news channels. The
Oscar selfie or the tweets by Virgin Trains are some
examples of PR stunts. One stunt, however, can be turned
into a campaign like the ALS ice bucket challenge,
resulting in ALS research raising over $100 million
(REFERENCE).
UNESCO #LikeAGirl
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Virgin Train’s PR Stunt:
Be it social media, news channels or TV, radio, etc., PR
links aptly with WOM and Flatt (2012) maintains that
Journalism acts as opinion formers and facilitates WOM.
Tinder’s bad image was transformed after their PR
campaign of adopting dogs rather than finding humans of
the opposite sex resulted in wide media coverage,
positive social media and general response (WOM), and an
improved company image. Social media plays a fundamental
role in PR in today’s world. I, like most others, treat
Facebook and Twitter to some extent as newspapers,
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resulting in clicks and tweets becoming the new gauges of
measuring popularity (Mitchell et al., 2013).
Now, where does journalism fit in all of this? Social
media might become the new news channel for a lot of us,
but traditional journalism, print and media, cannot be
ignored. One thing I strongly took away was that
journalists, to a large extent, have the final say.
Journalism acts as opinion formers and facilitates word
of mouth (WOM) communication (Flat, 2012). A fitting
current example of how bad PR can influence the core of a
football club is Wigan Athletic, who just because they
did not address their fans’ concerns sacked three
managers in under a football season has resulted in the
sub-standard performances leading to relegation from the
Championship (BBC, 2015). The PR team addressing the
issue with fans and sacking managers in a sensible way
could have saved Wigan their media harassment.
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Blog 5: Branding: I’ve got the power!
No matter how good the brand is, one thing that is
certain is that maintaining status quo is not beneficial
in the long run. Innovation is the key in this ever-
changing environment. Blockbuster, a one-time market
leader, lost the golden opportunity to buy Netflix in
2000 (Satell, 2014) and as a result, declared bankruptcy
in 2013 (BBC, 2013). According to Baskin (2013), the
company itself and not the Internet was responsible for
its decline, suggesting that Blockbuster failing to
innovate and sitting on past laurels of brand image was
the reason of its failure. Keller (2011) maintains that
brands allow customers to reduce risk, enhance
satisfaction, and simplify decision-making. Now each
brand has to offer something new with each new product or
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service. The classic example here is Apple. I laugh and
criticize those people who queue up a night before to get
hold of the new apple product because I think about those
people as blind followers, who would buy anything that
Apple launches. Such is the power of the brand that even
I, who mocks the blind followers of Apple, am an owner of
three Apple products. This is because Apple has reduced
risk of social exclusion, enhanced satisfaction through
its user-friendly software, and made decision-making easy
because I would not swap it for Samsung even if they
offer a better product. Despite Apple being a company
that doesn’t pay taxes, hasn’t made one charity, is
rubbish at CSR, it is the world’s most valuable brand
(Forbes, 2014). This is because they probably spend that
money on creating the brand image they want. The company
innovates, (for e.g.: you can receive and make calls from
your Macbook or iPad now) and more importantly, knows how
to sell its image through innovations in its products.
Keller mentioned brand mantras in the lecture and that is
exactly where I thought about Adidas and Nike creating
powerful brand images through their core mantras (or
taglines). Just do it and Impossible is nothing, for me,
are the most powerful taglines a sport company could
have. Nike is a more powerful brand, but being a keen
footballer, I believe that Adidas as a brand has edged
Nike in football in the past decade. I have shifted from
wearing Nike boots to Adidas, why? It’s simply because of
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the brand image it has created in the world of football.
Yes, it offers great products, but the way Adidas has
championed its brand image through creating campaigns
like #Allinornothing are amazing. The twitter battle and
the Adidas London Bus below show how the company has used
PR and advertising to create an image of champion in the
footballing world, suggesting that every brand needs
great products and services but ultimately, it is all in
the brand image.
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ADIDAS Twitter responses:
ADIDAS London Bus #Allinornothing
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The power of brands is something consumers should very be
scared of. Keller, in his lecture, stressed enough on how
brands still possess more power than the consumers. Yes,
social media, WOM, etc. transformed a lot of traditional
marketing practices, however, consumers are not the only
ones that use social media. We can criticize Burberry for
being expensive or “chav” on social media and think that
would harm their image. But in all reality, if I did that
on Facebook, the maximum number of people I can reach is
700 friends, most of whom will ignore my criticism. In
contrast, Burberry has more than 16m likes on Facebook
and that is because of the classy image it has created
through Brooklyn Beckham etc. Do I really think I am more
powerful than Burberry?
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Conclusion
When I wrote a book review for MN5002 in the first
semester, I thought that was the most unique piece of
work produced by me because I had never done anything
like a book review before. However, the reflective blogs
have taken the pole position in that category as the
assignment not only made me think differently to do a
distinct task, but also bettered my way of
interpretation, evaluation, and reflection on a topic,
incident, coursework, etc. I believe that the gains from
this assignment will help me produce a better
dissertation than the one I would have written without
doing the blogs. My outlook on a lot of master-class
topics has changed, my knowledge on some has increased,
but most importantly, I had the chance to look back on
the topics and relate to them on a very personal level.
As a result, the skills I gained from this assignment
have already helped me producing be producing better
answers for jobs, interviews, other assignments, and also
while I am having a general chat with my friend.
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References
Blog 1:
Biswas et al., (2006). ‘The Differential Effects of
Celebrity and Expert Endorsements on Consumer Risk
Perceptions: The Role of Consumer Knowledge, Perceived
Congruency, and Product Technology Orientation’. Journal of
Advertising. Vol. 35. pp. 17-31.
Carswell, D. (2014). 'If We Can't Trust Politicians, We