Title: Marketing myopia
1Marketing myopia
- Macro marketing
- Theme 2, topic 5
2Marketing Theory The New Marketing Myopia
Brownlie, D Saren, M and Whittington R
Wensley, R (1994) The New Marketing Myopia
Critical Perspectives on Thery and Research in
Marketing Introduction European Journal of
Marketing Vol 28 N03, pp6-12
3Critical Perspectives
- Should we rethink marketing?
- Do we need to look beyond the application of
marketing technology to an ever-widening range
of organisational, social and political contexts
and consider wider issues?
4Critical Perspectives
- The theoretical soil from which many new ideas
spring is in danger of losing its fertility - The soil is spread very thinly over a wide
range of applications - Shows a marked leaning towards the reporting
of quantitative empirical work - Rhetoric of marketing used to legitimise major
organisational changes
5Ideas for Rethinking Marketing
- Undertake more in-depth ethnographic studies
of what marketers actually do, relating the
intentions and understandings of those managers
to marketing actions that are subsequently
taken - Consider marketing in a more comparative
perspective - Develop a more reflexive, interdisciplinary and
pluralistic work
6Applying this Counter Myopia Thought To Marketing
Practice
7PROCESS PLANNING Strategic/Marketing Planning
Process
? Do this
Corporate Objectives Marketing
Audit SWOT Analysis
Assumptions
Marketing Objectives Strategies
Estimated Expected
Results
Identify Alternative Plans Mixes
Implementation Programmes
Measurement Review
8PROCESS PLANNING Strategic/Marketing Planning
Process
- Context - Industrial Marketing
- Context - Services Marketing
- Context - Marketing in Small Firms
- Context - International Marketing
- Context - Consumer Marketing
- Context - Not-for-Profit Marketing
- Context - Retail Marketing
Only in Context
Corporate Objectives Marketing
Audit SWOT Analysis
Assumptions
Marketing Objectives Strategies
Estimated Expected
Results
Identify Alternative Plans Mixes
Implementation Programmes
Measurement Review
9? Do this
The Product Life Cycle
Sales
Introduction Growth Maturity
Saturation Decline
Time
10? Do this
Product - Market Strategies
Product Diversification Product Development Mark
et Penetration Market Development
11? Do this
Merge PLC and PMS
Time
12? Do this
Merge PLC and PMS with this
Ideal Product Development Sequence
Problem Children
Stars
High Low
Market Growth Rate
Cash Flows
Dogs
High Low
Relative Market Share
13? Do this
Product Market Strategies And Product Life Cycle
14? Do this
Pricing Decision
Cost Oriented Pricing Competitor Oriented
Pricing Market Oriented Pricing
15? Do this
Key Marketing Strategy Scenarios
- Increase Market Share
- Consolidate Existing Markets
- Enter New Markets
- Change Market Image