SlideShare una empresa de Scribd logo
1 de 19
Marketing Environment


                                            Presenters




10/13/2012          Marketing Environment                1
Slide to slide
•   What is marketing environment
•   Micro-environment
•   Macro-environment
•   Conclusion
•   Reference




10/13/2012                Marketing Environment   2
What is marketing environment.....

      Marketing Environment:
       The actors and forces outside marketing that affect
       marketing management’s ability to build and maintain
       successful relationships with target customers

      Microenvironment
       Includes the actors/forces close to the company

      Macro-environment
       Involves larger societal forces



10/13/2012                  Marketing Environment             3
Marketing Environment

• Micro-environment                         • Macro-environment
             –   Company                                –   Demographic
             –   Suppliers                              –   Political
             –   Market intermediaries                  –   Economical
             –   Customers                              –   Social-Cultural
             –   Competition                            –   Technological
                                                        –   Environmental
                                                        –   Legal




10/13/2012                      Marketing Environment                         4
Micro-environment

             1.   Company                           Marketing must consider
             2.   Suppliers                          other parts of the
                                                     organization including
             3.   Market intermediaries
                                                     finance,          R&D,
             4.   Customers                          purchasing, operations
             5.   Competition                        and accounting
                                                    Marketing      decisions
                                                     must relate to broader
                                                     company goals and
                                                     strategies



10/13/2012                      Marketing Environment                       5
Micro-environment

             1.   Company                The suppliers provide Raw
             2.   Suppliers               material, Energy, Labour,
             3.   Market intermediaries   Capital etc.
             4.   Customers              Marketers     must      watch
                                          supply availability and
             5.   Competition             pricing
                                         Effective          partnership
                                          relationship     management
                                          with suppliers is essential




10/13/2012                       Marketing Environment                 6
Micro-environment

         1.   Company                     Channel through which a
         2.   Suppliers                    company         link     with
         3.   Market intermediaries        customers
         4.   Customers                   Manufacturer, C & F agent,
                                           distributer,       wholesaler,
         5.   Competition                  retailer, customer
                                          Distribute goods to final
                                           buyers and helps company
                                           to sell and promotions




10/13/2012                   Marketing Environment                      7
Micro-environment

             1.   Company                Public that generates the
             2.   Suppliers               demand
             3.   Market intermediaries  These are of following types
             4.   Customers                   Public
             5.   Competition                 Government
                                              Business




10/13/2012                      Marketing Environment                8
Micro-environment

             1.   Company                           Demand for a firm’s
             2.   Suppliers                          products or services is
             3.   Market intermediaries              also affected by nature
                                                     and      intensity       of
             4.   Customers                          competition
             5.   Competition                       Conducting competitor
                                                     analysis is critical for
                                                     success of the firm
                                                    A marketer must monitor
                                                     its competitors’ offerings
                                                     to    create      strategic
                                                     advantage
10/13/2012                      Marketing Environment                          9
Macro-environment

1.    Demographic                   • Marketers are keenly
2.    Political                       interested in size and growth
3.    Economical                      rate of population, Nations,
                                      Age distribution, Sex,
4.    Socio-cultural                  Education level, Household
5.    Technological                   pattern, Regional characters
6.    Environmental                 • This will define the demand
7.    Legal                           of particular segment




10/13/2012              Marketing Environment                    10
Macro-environment

1.    Demographic                    Politics or the governing
2.    Political                       bodies have great influence
3.    Economical                      over market environment
4.    Socio-cultural                 The policies, tax and tariffs
                                      are deciding factors
5.    Technological
                                     Pattern of government like
6.    Environmental                   Social,     Capitalistic   &
7.    Legal                           Communist these are the
                                      kind of rules




10/13/2012              Marketing Environment                    11
Macro-environment

1.    Demographic                   Income distribution
2.    Political                         Developed economies
3.    Economical                        Developing economies
4.    Socio-cultural                    Underdeveloped economies
                                        Raw material exporting
5.    Technological
                                         Economies
6.    Environmental
7.    Legal




10/13/2012              Marketing Environment                       12
Macro-environment

1.    Demographic                    Society shapes our beliefs,
2.    Political                       values and norms
3.    Economical                     Core beliefs
4.    Social-cultural                Existence of Subcultures
5.    Technological                  Shifts towards new culture
6.    Environmental                        - Preserver
                                                - Makers
7.    Legal
                                                - Takers
                                                - Changers
                                                - Seekers
                                                - Escapers

10/13/2012              Marketing Environment                       13
Social-cultural environment includes

   Themselves                         Society


   Others                             Nature


   Organization                       Universe

10/13/2012            Marketing Environment      14
Macro-environment

1.    Demographic                    The most dramatic force
2.    Political                       shaping our destiny
3.    Economical                     Rapidly changing force
4.    Socio-cultural                  which creates many new
                                      marketing opportunities
5.    Technological                   but also turns many
6.    Environmental                   existing products extinct
7.    Legal                          Examples:
                                      Computer, Mobile phone



10/13/2012              Marketing Environment                     15
Macro-environment

1.    Demographic                  Natural Environment:
2.    Political                           – Involves the natural resources
                                            that are needed as inputs by
3.    Economical                            marketers or that are affected
4.    Socio-cultural                        by marketing activities
5.    Technological                Trends
6.    Environmental                       – Shortages of raw materials
                                          – Increased pollution
7.    Legal
                                          – Increased government
                                            intervention
                                          – Increased energy cost



10/13/2012             Marketing Environment                             16
Macro-environment

1.    Demographic               Consists of laws, government
2.    Political                 agencies and pressure groups that
                                influence or limit various
3.    Economical                organizations and individuals in a
4.    Socio-cultural            given society
5.    Technological                    – Legislation           affecting
                                         businesses worldwide has
6.    Environmental                      increased
7.    Legal                            – Laws protect companies,
                                         consumers and the interests of
                                         society
                                       – Increased     emphasis       on
                                         socially responsible actions

10/13/2012              Marketing Environment                         17
Conclusion

    A marketer has to understand how various environmental
    forces impact organization’s decision
    A successful marketer and organizations are the one who
    anticipate, plan and execute strategies to meet these
    environmental change




10/13/2012               Marketing Environment           18
Reference

•   Marketing Management: Philip Kotler
•   Marketing Management: Rajan Saxena
•   Business Environment: Francis Cherunilam
•   Marketing Management: Ramaswami, Namakumari




10/13/2012              Marketing Environment     19

Más contenido relacionado

La actualidad más candente

Marketing micro environment
Marketing micro environmentMarketing micro environment
Marketing micro environment17somya
 
Consumer buying behaviour
Consumer buying behaviourConsumer buying behaviour
Consumer buying behaviourShashi Shekhar
 
Personal selling
Personal sellingPersonal selling
Personal sellingdeepu2000
 
SEGMENTATION, TARGETING and POSITIONING
SEGMENTATION, TARGETING and POSITIONINGSEGMENTATION, TARGETING and POSITIONING
SEGMENTATION, TARGETING and POSITIONINGVIRUPAKSHA GOUD
 
Promotion mix of marketing
Promotion mix of marketingPromotion mix of marketing
Promotion mix of marketingRashmiranjan Das
 
Marketing Concepts- Production, Social, Exchange, Selling, Product and Holist...
Marketing Concepts- Production, Social, Exchange, Selling, Product and Holist...Marketing Concepts- Production, Social, Exchange, Selling, Product and Holist...
Marketing Concepts- Production, Social, Exchange, Selling, Product and Holist...Dan John
 
Product decision
Product decisionProduct decision
Product decisiondeepu2000
 
Base of market segmentation
Base of market segmentationBase of market segmentation
Base of market segmentationSachin Raj
 
The Marketing Environment
The Marketing EnvironmentThe Marketing Environment
The Marketing EnvironmentMehmet Cihangir
 
Managing retailing, wholesaling and logistics
Managing retailing, wholesaling and logisticsManaging retailing, wholesaling and logistics
Managing retailing, wholesaling and logisticsjiten parmar
 
product mix and product lines
product mix and product linesproduct mix and product lines
product mix and product linesSameer Mathur
 
INDUSTRIAL MARKETING
INDUSTRIAL MARKETINGINDUSTRIAL MARKETING
INDUSTRIAL MARKETINGPeter vinosh
 
Major types of buying situations
Major types of buying situationsMajor types of buying situations
Major types of buying situationsTopu Kawser
 
Sales force motivation and compensation
Sales force motivation and compensationSales force motivation and compensation
Sales force motivation and compensationradhannur
 

La actualidad más candente (20)

Marketing micro environment
Marketing micro environmentMarketing micro environment
Marketing micro environment
 
Consumer buying behaviour
Consumer buying behaviourConsumer buying behaviour
Consumer buying behaviour
 
Personal selling
Personal sellingPersonal selling
Personal selling
 
SEGMENTATION, TARGETING and POSITIONING
SEGMENTATION, TARGETING and POSITIONINGSEGMENTATION, TARGETING and POSITIONING
SEGMENTATION, TARGETING and POSITIONING
 
Evolution Of Marketing
Evolution Of MarketingEvolution Of Marketing
Evolution Of Marketing
 
Promotion mix of marketing
Promotion mix of marketingPromotion mix of marketing
Promotion mix of marketing
 
Marketing Concepts- Production, Social, Exchange, Selling, Product and Holist...
Marketing Concepts- Production, Social, Exchange, Selling, Product and Holist...Marketing Concepts- Production, Social, Exchange, Selling, Product and Holist...
Marketing Concepts- Production, Social, Exchange, Selling, Product and Holist...
 
Product
ProductProduct
Product
 
Business Market
Business MarketBusiness Market
Business Market
 
Features & importance of industrial marketing
Features & importance of industrial marketingFeatures & importance of industrial marketing
Features & importance of industrial marketing
 
Product decision
Product decisionProduct decision
Product decision
 
Base of market segmentation
Base of market segmentationBase of market segmentation
Base of market segmentation
 
Marketing Environment
Marketing EnvironmentMarketing Environment
Marketing Environment
 
The Marketing Environment
The Marketing EnvironmentThe Marketing Environment
The Marketing Environment
 
Managing retailing, wholesaling and logistics
Managing retailing, wholesaling and logisticsManaging retailing, wholesaling and logistics
Managing retailing, wholesaling and logistics
 
4. consumer behaviour
4. consumer behaviour4. consumer behaviour
4. consumer behaviour
 
product mix and product lines
product mix and product linesproduct mix and product lines
product mix and product lines
 
INDUSTRIAL MARKETING
INDUSTRIAL MARKETINGINDUSTRIAL MARKETING
INDUSTRIAL MARKETING
 
Major types of buying situations
Major types of buying situationsMajor types of buying situations
Major types of buying situations
 
Sales force motivation and compensation
Sales force motivation and compensationSales force motivation and compensation
Sales force motivation and compensation
 

Destacado

Marketing Management (micro and macro environment)
Marketing Management (micro and macro environment)Marketing Management (micro and macro environment)
Marketing Management (micro and macro environment)sly mot
 
Marketing Environment - External Environment - ppt
Marketing Environment - External Environment - pptMarketing Environment - External Environment - ppt
Marketing Environment - External Environment - pptK. Gaanyesh
 
Marketing environment
Marketing environmentMarketing environment
Marketing environmentHarsha Halyal
 
Macro and micro
Macro and microMacro and micro
Macro and microSuraj Sain
 
Marketing environment copy - copy
Marketing environment   copy - copyMarketing environment   copy - copy
Marketing environment copy - copySoniya Thakur
 
Marketing Environment
Marketing EnvironmentMarketing Environment
Marketing Environmentrajat patel
 
PRSA 2013 Pre-Conference: Managing the Non-Market Environment & Social Media
PRSA 2013 Pre-Conference: Managing the Non-Market Environment & Social MediaPRSA 2013 Pre-Conference: Managing the Non-Market Environment & Social Media
PRSA 2013 Pre-Conference: Managing the Non-Market Environment & Social Mediaevolve24
 
World market environment unit 1
World market environment unit 1World market environment unit 1
World market environment unit 1Abdul Ansary
 
the marketing environment
the marketing environmentthe marketing environment
the marketing environmentclincy cleetus
 
Chapter4 The Marketing Environment
Chapter4 The Marketing EnvironmentChapter4 The Marketing Environment
Chapter4 The Marketing Environmentdr_ahmadov
 
Marketing - Micro environment
Marketing - Micro environmentMarketing - Micro environment
Marketing - Micro environmenttellstptrisakti
 
Chapter.2 Marketing Environment
Chapter.2   Marketing EnvironmentChapter.2   Marketing Environment
Chapter.2 Marketing EnvironmentMarlinah Ahmad
 
Marketing- Macroenvironment
Marketing- MacroenvironmentMarketing- Macroenvironment
Marketing- MacroenvironmentKabsideous
 
marketing strategy of lux soap with reference to HUL
marketing strategy of lux soap with reference to HULmarketing strategy of lux soap with reference to HUL
marketing strategy of lux soap with reference to HULAghna Shamsi
 

Destacado (20)

Marketing Management (micro and macro environment)
Marketing Management (micro and macro environment)Marketing Management (micro and macro environment)
Marketing Management (micro and macro environment)
 
Marketing Environment - External Environment - ppt
Marketing Environment - External Environment - pptMarketing Environment - External Environment - ppt
Marketing Environment - External Environment - ppt
 
Marketing environment
Marketing environmentMarketing environment
Marketing environment
 
Macro and micro
Macro and microMacro and micro
Macro and micro
 
Marketing environment copy - copy
Marketing environment   copy - copyMarketing environment   copy - copy
Marketing environment copy - copy
 
Marketing Environment
Marketing EnvironmentMarketing Environment
Marketing Environment
 
PRSA 2013 Pre-Conference: Managing the Non-Market Environment & Social Media
PRSA 2013 Pre-Conference: Managing the Non-Market Environment & Social MediaPRSA 2013 Pre-Conference: Managing the Non-Market Environment & Social Media
PRSA 2013 Pre-Conference: Managing the Non-Market Environment & Social Media
 
World market environment unit 1
World market environment unit 1World market environment unit 1
World market environment unit 1
 
the marketing environment
the marketing environmentthe marketing environment
the marketing environment
 
Micro marketing environment
Micro marketing environmentMicro marketing environment
Micro marketing environment
 
Key concept of marketing management
Key concept of marketing  managementKey concept of marketing  management
Key concept of marketing management
 
Chapter4 The Marketing Environment
Chapter4 The Marketing EnvironmentChapter4 The Marketing Environment
Chapter4 The Marketing Environment
 
Mkt420
Mkt420Mkt420
Mkt420
 
Marketing - Micro environment
Marketing - Micro environmentMarketing - Micro environment
Marketing - Micro environment
 
Chapter.2 Marketing Environment
Chapter.2   Marketing EnvironmentChapter.2   Marketing Environment
Chapter.2 Marketing Environment
 
Marketing environment
Marketing environmentMarketing environment
Marketing environment
 
Marketing- Macroenvironment
Marketing- MacroenvironmentMarketing- Macroenvironment
Marketing- Macroenvironment
 
marketing plan (Soap)
marketing plan (Soap)marketing plan (Soap)
marketing plan (Soap)
 
International Marketing Environment
International Marketing EnvironmentInternational Marketing Environment
International Marketing Environment
 
marketing strategy of lux soap with reference to HUL
marketing strategy of lux soap with reference to HULmarketing strategy of lux soap with reference to HUL
marketing strategy of lux soap with reference to HUL
 

Similar a Marketing environment(2)

International business sept october 2012 - bba v sem -handout format- ps
International business sept october 2012 - bba v sem -handout format- psInternational business sept october 2012 - bba v sem -handout format- ps
International business sept october 2012 - bba v sem -handout format- psishantgogia
 
Metal rcm biz plan
Metal rcm biz planMetal rcm biz plan
Metal rcm biz planSpectrum2011
 
External marketing environment
External marketing environmentExternal marketing environment
External marketing environmentankitBansal194
 
Agriculture Marketing (Mkt165) chapter 8-international marketing
Agriculture Marketing (Mkt165) chapter 8-international marketingAgriculture Marketing (Mkt165) chapter 8-international marketing
Agriculture Marketing (Mkt165) chapter 8-international marketingwatak manga pilu
 
3. strategic planning
3. strategic planning3. strategic planning
3. strategic planningJigar Lakhani
 
Analyzing the Marketing Environment
Analyzing the Marketing EnvironmentAnalyzing the Marketing Environment
Analyzing the Marketing EnvironmentJubayer Alam Shoikat
 
Secrets of Highly Effective Buyer-Seller Relationships Ariba Commerce Summit ...
Secrets of Highly Effective Buyer-Seller Relationships Ariba Commerce Summit ...Secrets of Highly Effective Buyer-Seller Relationships Ariba Commerce Summit ...
Secrets of Highly Effective Buyer-Seller Relationships Ariba Commerce Summit ...SAP Ariba
 
Distribution Channels
Distribution ChannelsDistribution Channels
Distribution ChannelsManu Dhunna
 
Marketing Strategy Framework Primer
Marketing Strategy Framework PrimerMarketing Strategy Framework Primer
Marketing Strategy Framework PrimerDamon Gjording
 
THE EXTERNAL ASSESSMENT-Strategic Management chpter 3
THE EXTERNAL ASSESSMENT-Strategic Management chpter 3THE EXTERNAL ASSESSMENT-Strategic Management chpter 3
THE EXTERNAL ASSESSMENT-Strategic Management chpter 3zikrullah bahrun
 
Strategy for Dummies (Read: Juniors)
Strategy for Dummies (Read: Juniors)Strategy for Dummies (Read: Juniors)
Strategy for Dummies (Read: Juniors)Varun Kumar gupta
 
Integrated marketing for the customer journey
Integrated marketing for the customer journeyIntegrated marketing for the customer journey
Integrated marketing for the customer journeyIBM
 

Similar a Marketing environment(2) (20)

Marketing Management
Marketing ManagementMarketing Management
Marketing Management
 
Industry Analysis
Industry AnalysisIndustry Analysis
Industry Analysis
 
International business sept october 2012 - bba v sem -handout format- ps
International business sept october 2012 - bba v sem -handout format- psInternational business sept october 2012 - bba v sem -handout format- ps
International business sept october 2012 - bba v sem -handout format- ps
 
Metal rcm biz plan
Metal rcm biz planMetal rcm biz plan
Metal rcm biz plan
 
External marketing environment
External marketing environmentExternal marketing environment
External marketing environment
 
Agriculture Marketing (Mkt165) chapter 8-international marketing
Agriculture Marketing (Mkt165) chapter 8-international marketingAgriculture Marketing (Mkt165) chapter 8-international marketing
Agriculture Marketing (Mkt165) chapter 8-international marketing
 
Start-up process
Start-up processStart-up process
Start-up process
 
Revision(vu)
Revision(vu)Revision(vu)
Revision(vu)
 
3. strategic planning
3. strategic planning3. strategic planning
3. strategic planning
 
Business Marketing Prespective
Business Marketing PrespectiveBusiness Marketing Prespective
Business Marketing Prespective
 
Business Marketing
Business MarketingBusiness Marketing
Business Marketing
 
SALES
SALESSALES
SALES
 
Analyzing the Marketing Environment
Analyzing the Marketing EnvironmentAnalyzing the Marketing Environment
Analyzing the Marketing Environment
 
Secrets of Highly Effective Buyer-Seller Relationships Ariba Commerce Summit ...
Secrets of Highly Effective Buyer-Seller Relationships Ariba Commerce Summit ...Secrets of Highly Effective Buyer-Seller Relationships Ariba Commerce Summit ...
Secrets of Highly Effective Buyer-Seller Relationships Ariba Commerce Summit ...
 
Distribution Channels
Distribution ChannelsDistribution Channels
Distribution Channels
 
Marketing Strategy Framework Primer
Marketing Strategy Framework PrimerMarketing Strategy Framework Primer
Marketing Strategy Framework Primer
 
THE EXTERNAL ASSESSMENT-Strategic Management chpter 3
THE EXTERNAL ASSESSMENT-Strategic Management chpter 3THE EXTERNAL ASSESSMENT-Strategic Management chpter 3
THE EXTERNAL ASSESSMENT-Strategic Management chpter 3
 
Strategy for Dummies (Read: Juniors)
Strategy for Dummies (Read: Juniors)Strategy for Dummies (Read: Juniors)
Strategy for Dummies (Read: Juniors)
 
Integrated marketing for the customer journey
Integrated marketing for the customer journeyIntegrated marketing for the customer journey
Integrated marketing for the customer journey
 
Lecture Two
Lecture TwoLecture Two
Lecture Two
 

Marketing environment(2)

  • 1. Marketing Environment Presenters 10/13/2012 Marketing Environment 1
  • 2. Slide to slide • What is marketing environment • Micro-environment • Macro-environment • Conclusion • Reference 10/13/2012 Marketing Environment 2
  • 3. What is marketing environment..... Marketing Environment: The actors and forces outside marketing that affect marketing management’s ability to build and maintain successful relationships with target customers Microenvironment Includes the actors/forces close to the company Macro-environment Involves larger societal forces 10/13/2012 Marketing Environment 3
  • 4. Marketing Environment • Micro-environment • Macro-environment – Company – Demographic – Suppliers – Political – Market intermediaries – Economical – Customers – Social-Cultural – Competition – Technological – Environmental – Legal 10/13/2012 Marketing Environment 4
  • 5. Micro-environment 1. Company  Marketing must consider 2. Suppliers other parts of the organization including 3. Market intermediaries finance, R&D, 4. Customers purchasing, operations 5. Competition and accounting  Marketing decisions must relate to broader company goals and strategies 10/13/2012 Marketing Environment 5
  • 6. Micro-environment 1. Company  The suppliers provide Raw 2. Suppliers material, Energy, Labour, 3. Market intermediaries Capital etc. 4. Customers  Marketers must watch supply availability and 5. Competition pricing  Effective partnership relationship management with suppliers is essential 10/13/2012 Marketing Environment 6
  • 7. Micro-environment 1. Company  Channel through which a 2. Suppliers company link with 3. Market intermediaries customers 4. Customers  Manufacturer, C & F agent, distributer, wholesaler, 5. Competition retailer, customer  Distribute goods to final buyers and helps company to sell and promotions 10/13/2012 Marketing Environment 7
  • 8. Micro-environment 1. Company  Public that generates the 2. Suppliers demand 3. Market intermediaries  These are of following types 4. Customers Public 5. Competition Government Business 10/13/2012 Marketing Environment 8
  • 9. Micro-environment 1. Company  Demand for a firm’s 2. Suppliers products or services is 3. Market intermediaries also affected by nature and intensity of 4. Customers competition 5. Competition  Conducting competitor analysis is critical for success of the firm  A marketer must monitor its competitors’ offerings to create strategic advantage 10/13/2012 Marketing Environment 9
  • 10. Macro-environment 1. Demographic • Marketers are keenly 2. Political interested in size and growth 3. Economical rate of population, Nations, Age distribution, Sex, 4. Socio-cultural Education level, Household 5. Technological pattern, Regional characters 6. Environmental • This will define the demand 7. Legal of particular segment 10/13/2012 Marketing Environment 10
  • 11. Macro-environment 1. Demographic  Politics or the governing 2. Political bodies have great influence 3. Economical over market environment 4. Socio-cultural  The policies, tax and tariffs are deciding factors 5. Technological  Pattern of government like 6. Environmental Social, Capitalistic & 7. Legal Communist these are the kind of rules 10/13/2012 Marketing Environment 11
  • 12. Macro-environment 1. Demographic Income distribution 2. Political  Developed economies 3. Economical  Developing economies 4. Socio-cultural  Underdeveloped economies  Raw material exporting 5. Technological Economies 6. Environmental 7. Legal 10/13/2012 Marketing Environment 12
  • 13. Macro-environment 1. Demographic  Society shapes our beliefs, 2. Political values and norms 3. Economical  Core beliefs 4. Social-cultural  Existence of Subcultures 5. Technological  Shifts towards new culture 6. Environmental - Preserver - Makers 7. Legal - Takers - Changers - Seekers - Escapers 10/13/2012 Marketing Environment 13
  • 14. Social-cultural environment includes Themselves Society Others Nature Organization Universe 10/13/2012 Marketing Environment 14
  • 15. Macro-environment 1. Demographic  The most dramatic force 2. Political shaping our destiny 3. Economical  Rapidly changing force 4. Socio-cultural which creates many new marketing opportunities 5. Technological but also turns many 6. Environmental existing products extinct 7. Legal  Examples: Computer, Mobile phone 10/13/2012 Marketing Environment 15
  • 16. Macro-environment 1. Demographic Natural Environment: 2. Political – Involves the natural resources that are needed as inputs by 3. Economical marketers or that are affected 4. Socio-cultural by marketing activities 5. Technological Trends 6. Environmental – Shortages of raw materials – Increased pollution 7. Legal – Increased government intervention – Increased energy cost 10/13/2012 Marketing Environment 16
  • 17. Macro-environment 1. Demographic Consists of laws, government 2. Political agencies and pressure groups that influence or limit various 3. Economical organizations and individuals in a 4. Socio-cultural given society 5. Technological – Legislation affecting businesses worldwide has 6. Environmental increased 7. Legal – Laws protect companies, consumers and the interests of society – Increased emphasis on socially responsible actions 10/13/2012 Marketing Environment 17
  • 18. Conclusion A marketer has to understand how various environmental forces impact organization’s decision A successful marketer and organizations are the one who anticipate, plan and execute strategies to meet these environmental change 10/13/2012 Marketing Environment 18
  • 19. Reference • Marketing Management: Philip Kotler • Marketing Management: Rajan Saxena • Business Environment: Francis Cherunilam • Marketing Management: Ramaswami, Namakumari 10/13/2012 Marketing Environment 19