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Analyzing the Marketing Environment
Chapter 3
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Copyright © 2012 Pearson Education, Inc.
Publishing as Prentice Hall
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Copyright © 2012 Pearson Education, Inc.
Publishing as Prentice Hall
The Marketing Environment
The marketing environment includes the actors and forces
outside marketing that affect marketing management’s ability to
build and maintain successful relationships with customers
1- ‹#›
Copyright © 2012 Pearson Education, Inc.
Publishing as Prentice Hall
The Microenvironment
1- ‹#›
Copyright © 2012 Pearson Education, Inc.
Publishing as Prentice Hall
The Company
Top management
Finance
R&D
Purchasing
Operations
Accounting
1- ‹#›
Copyright © 2012 Pearson Education, Inc.
Publishing as Prentice Hall
Suppliers
Provide the resources to produce goods and services
Treat as partners to provide customer value
1- ‹#›
Copyright © 2012 Pearson Education, Inc.
Publishing as Prentice Hall
Marketing Intermediaries
Help the company to promote, sell and distribute its products to
final buyers
1- ‹#›
Copyright © 2012 Pearson Education, Inc.
Publishing as Prentice Hall
Competitors
Firms must gain strategic advantage by positioning their
offerings against competitors’ offerings
1- ‹#›
Copyright © 2012 Pearson Education, Inc.
Publishing as Prentice Hall
Publics
Any group that has an actual or potential interest in or impact
on an organization’s ability to achieve its objectives
Financial publics
Media publics
Government publics
Citizen-action publics
Local publics
General public
Internal publics
1- ‹#›
Copyright © 2012 Pearson Education, Inc.
Publishing as Prentice Hall
Customers
Consumer markets
Business markets
Government markets
International markets
1- ‹#›
Copyright © 2012 Pearson Education, Inc.
Publishing as Prentice Hall
The Macroenvironment
1- ‹#›
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Publishing as Prentice Hall
The Demographic Environment
Demographic environment: involves people, and people make
up markets
Demographic trends: shifts in age, family structure, geographic
population, educational characteristics, and population diversity
1- ‹#›
Copyright © 2012 Pearson Education, Inc.
Publishing as Prentice Hall
Baby Boomers
Changing age structure of the population
Baby boomers include people born between 1946 and 1964
Most affluent consumers
1- ‹#›
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Publishing as Prentice Hall
Generation X
Generation X includes people born between 1965 and 1976
High parental divorce rates
Cautious economic outlook
Less materialistic
Family comes first
1- ‹#›
Copyright © 2012 Pearson Education, Inc.
Publishing as Prentice Hall
Millenials
Millennials (gen Y or echo boomers) include those born
between 1977 and 2000
Comfortable with technology
Tweens (ages 8–12)
Teens (13–19)
Young adults (20’s)
1- ‹#›
Copyright © 2012 Pearson Education, Inc.
Publishing as Prentice Hall
Trends in the Demographic Environment
The changing family structure
Geographic shifts in population
A better-educated, more white-collar, more professional
population
Increasing diversity
1- ‹#›
Copyright © 2012 Pearson Education, Inc.
Publishing as Prentice Hall
The Economic Environment
Economic environment consists of factors that affect consumer
purchasing power and spending patterns
Changes in consumer spending
Income distribution
Value marketing
offering financially cautious buyers greater value—
the right combination of quality and service at a fair price
1- ‹#›
Copyright © 2012 Pearson Education, Inc.
Publishing as Prentice Hall
The Natural Environment
Natural environment: natural resources that are needed as inputs
by marketers or that are affected by marketing activities
Trends
Increased shortages of raw materials
Increased pollution
Increased government intervention
Increased environmentally sustainable strategies
1- ‹#›
Copyright © 2012 Pearson Education, Inc.
Publishing as Prentice Hall
The Technological Environment
Most dramatic force in changing the marketplace
New products, opportunities
Concern for the safety of new products
1- ‹#›
Copyright © 2012 Pearson Education, Inc.
Publishing as Prentice Hall
The Political and Social Environment
Political environment: laws, government agencies, and pressure
groups that influence or limit various organizations and
individuals in a given society
Legislation regulating business
Increased legislation
Changing government agency enforcement
Increased emphasis on ethics
Socially responsible behavior
Cause-related marketing
1- ‹#›
Copyright © 2012 Pearson Education, Inc.
Publishing as Prentice Hall
The Cultural Environment
Cultural environment consists of institutions and other forces
that affect a society’s basic values, perceptions, and behaviors
Core beliefs and values are persistent and are passed on from
parents to children and are reinforced by schools, churches,
businesses, and government
Secondary beliefs and values are more open to change and
include people’s views of themselves, others, organization,
society, nature, and the universe
1- ‹#›
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Publishing as Prentice Hall
Responding to the Marketing Environment
1- ‹#›
Copyright © 2012 Pearson Education, Inc.
Publishing as Prentice Hall
Uncontrollable
React and adapt to forces in the environment
Proactive
Aggressive actions to affect forces in the environment
Reactive
Watching and reacting to forces in the environment
Analyzing the         Marketing Environment Chapter .docx

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Analyzing the Marketing Environment Chapter .docx

  • 1. Analyzing the Marketing Environment Chapter 3 1- ‹#› Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Example: YouTube 1- ‹#› Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall The Marketing Environment
  • 2. The marketing environment includes the actors and forces outside marketing that affect marketing management’s ability to build and maintain successful relationships with customers 1- ‹#› Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall The Microenvironment 1- ‹#› Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall The Company Top management Finance R&D Purchasing Operations
  • 3. Accounting 1- ‹#› Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Suppliers Provide the resources to produce goods and services Treat as partners to provide customer value 1- ‹#› Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Marketing Intermediaries Help the company to promote, sell and distribute its products to final buyers
  • 4. 1- ‹#› Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Competitors Firms must gain strategic advantage by positioning their offerings against competitors’ offerings 1- ‹#› Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Publics Any group that has an actual or potential interest in or impact on an organization’s ability to achieve its objectives Financial publics Media publics Government publics Citizen-action publics Local publics
  • 5. General public Internal publics 1- ‹#› Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Customers Consumer markets Business markets Government markets International markets 1- ‹#› Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall The Macroenvironment
  • 6. 1- ‹#› Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall The Demographic Environment Demographic environment: involves people, and people make up markets Demographic trends: shifts in age, family structure, geographic population, educational characteristics, and population diversity 1- ‹#› Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Baby Boomers Changing age structure of the population Baby boomers include people born between 1946 and 1964 Most affluent consumers
  • 7. 1- ‹#› Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Generation X Generation X includes people born between 1965 and 1976 High parental divorce rates Cautious economic outlook Less materialistic Family comes first 1- ‹#› Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Millenials Millennials (gen Y or echo boomers) include those born between 1977 and 2000 Comfortable with technology Tweens (ages 8–12) Teens (13–19) Young adults (20’s)
  • 8. 1- ‹#› Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Trends in the Demographic Environment The changing family structure Geographic shifts in population A better-educated, more white-collar, more professional population Increasing diversity 1- ‹#› Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall The Economic Environment Economic environment consists of factors that affect consumer purchasing power and spending patterns Changes in consumer spending
  • 9. Income distribution Value marketing offering financially cautious buyers greater value— the right combination of quality and service at a fair price 1- ‹#› Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall The Natural Environment Natural environment: natural resources that are needed as inputs by marketers or that are affected by marketing activities Trends Increased shortages of raw materials Increased pollution Increased government intervention Increased environmentally sustainable strategies 1- ‹#› Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall
  • 10. The Technological Environment Most dramatic force in changing the marketplace New products, opportunities Concern for the safety of new products 1- ‹#› Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall The Political and Social Environment Political environment: laws, government agencies, and pressure groups that influence or limit various organizations and individuals in a given society Legislation regulating business Increased legislation Changing government agency enforcement Increased emphasis on ethics Socially responsible behavior Cause-related marketing
  • 11. 1- ‹#› Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall The Cultural Environment Cultural environment consists of institutions and other forces that affect a society’s basic values, perceptions, and behaviors Core beliefs and values are persistent and are passed on from parents to children and are reinforced by schools, churches, businesses, and government Secondary beliefs and values are more open to change and include people’s views of themselves, others, organization, society, nature, and the universe 1- ‹#› Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Responding to the Marketing Environment
  • 12. 1- ‹#› Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Uncontrollable React and adapt to forces in the environment Proactive Aggressive actions to affect forces in the environment Reactive Watching and reacting to forces in the environment