Core Concepts of Marketing

(Marcin) #1

120 CHAPTER 5 EXTERNALCONSIDERATIONSINMARKETING


UnderstandingOtherCulturesAroundtheWorld
Adjustingtoculturaldifferences isperhapsthemostdifficultta skfacingmarketingcom-
municatorswhooperateinothercoun;nes.Beforeenteringa foreignmarket, a company
must decide towhatexteetitiswillingtocustomizeitsmarketingeffortstoaccommodate
eachforeignmarket.Naturally,theworethecompanystandardizesits effort,thelesstrou-
bleit incursandthegreater:heas::;tmedprofitability.Butissomecustomizationinevitable?
Moreissaidaboutthisinalaterchapter

ForecastsoftheFuture


Thereareliterallyhundredsofcompaniesandforecasterswhoclaimtohavea handleon
thefuture.Onethathas(Ieexcellenttrackrecordis RoperStarsh ,a researchfirmthathas
beenlookingattrendsforover 50 years.The 2000 RoperReportidentifiedfourconcepts
thathelpmarketersunderstandAmericansinthenewmillennium:^9


  1. "HighPace/High Peace:Americans'high-speedlifestylescreatenewgoalsand
    needs":SiliconValleyma:ketersoftentalkabouta phenomenoncalled"high
    tech-hightouch"; themoretechnologybecomes partof people'slives(tech),the
    more theneedforpersonalinteraction(touch).Wethinka similar,possiblymore
    powerfulphenomenon,isunfoldingtodayintoday'sfrenetic , high-speedworld
    ofdriveforsuccess, "Internettime,""24/7"business, andmultitaskedlifestyles.
    As t hepaceoflife is pickingup(highpace),thereis growingdesire/demandfor
    peace. Theshiftto"HighPacelHighPeace" is evidentinthemarketplace. Increas-
    ingly,brandsseemtobe"high-pace"(efficiency-oriented,intensebrandslikethe
    InternetbrokerE- Trade; personalitieslikeMicros'Jftchiefandbestsellingauthor
    BillGates)or "high-peace"(relaxing, spa-pacebrallds likeBananaRepublic,
    CanyonRanch;personalitieslikespiritualleaderandbe stsellingauthortheDalai
    Lama.TheshiftisreflectedinRoperdataaswell).Americansareworkingharder
    thanevertogetab~ad.Workisspillingintoallcornersof life:a record39%of
    American~saytheyoftenspendleisuretimeonwork,a three-fold increasefrom
    thebeginningofthedecade.Newtechnologiesaremakingit possibleto beever
    moreproductive.Americansgenerallyrecognizethathardworkisthepricefor
    gettingahead.Atthesametime,thereisa growingyearningforpeace.Mostagree
    ti'aithebest leisuretimeisthetimealone. Butdeclining~umbersaregettingsuch
    timetorest, relax,andrenew.More,instead,arefeelingstressedou:..Thisten-
    sion oetweenhighpaceandhighpeaceshowsnoSigl:thatit willgoaway.Atthe
    sametime,datasuggestL1atthereareopportunitie~formarketerstobecomea
    bridgetogetpeopletoboththeirhi gh pace andhighpeacegoals.

  2. "Kinnections: Themovementtoconnectionintechnology, relationships, and
    brands" :Theincreasingpaceoflife;snottheonlycharacteristicofAme'icasince
    thetumofthenewcentury.Empoweredbynewtechnology,thestrongeconomy,
    anda growingcommandofself-relianceandotherskills,Americanshavebegun
    toreachoutandtakethenextsieptoextendtheirsenseofconnection.1na whole
    hostofareas-fromcommunicationsandcomputingtoattitudestowardsfamily
    anocommunity--connectionsareup.Theseconnectionsaredifferentfromthe
    past.Theycanbefastchanginganddynamic(kinetic).Andtheyappeartobepart
    of a desirefora greatersenseofassociation(kinship).Themovementtoconnections,
    thus,isactuallya movetoward"kinnections."Theresultsarereflectedin thedata.
    Communicationstechnologiesaretakingoff.Thisismostevidentintheexplo-
    sivegrowthofcellularcommunications.Butit isahoapparentin thecomputer

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