By Michael Baker
A very good booklet, good priced. it could possibly now not were even though, i used to be under the influence of alcohol while i bought and it simply occurred to be authoritative adequate to make the generalist statements i wished. pity its twenty years outdated though:(
got the following unusually quickly.
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Extra resources for The Marketing Book, Fifth Edition
An obvious consequence of this was to encourage diversification. Second, the accelerating pace of technological and organizational innovation began to catch up with and even overtake the natural growth in demand due to population increases. Faced with stagnant markets and the spectre of price competition, producers sought to stimulate demand through increased selling efforts. To succeed, however, one must be able to offer some tangible benefit which will distinguish one supplier’s product from another’s.
Obviously, this view recognizes and reflects international perspectives but, in a subject where so much published work is written from a purely American point of view, I consider it important that an alternative, albeit similar, interpretation be available. Six chapters have been dropped from the last edition and eight new ones added. The chapters that had to be left out from this new edition were ‘Environmental scanning’ by Douglas Brownlie, ‘The evolution and use of communication and information technology’ by Keith Fletcher, ‘Developing marketing information capabilities’ by Nigel Piercy and Martin Evans, ‘Organizational marketing’ by Dale Littler, ‘Marketing for non-profit organizations’ by Keith Blois, and ‘The Internet: the direct route to growth and development’ by Jim Hamill and Sean Ennis.
More recently in the Journal of Marketing Management (1985), Stephen King diagnosed at least four different misinterpretations of marketing in the UK as follows: 1 Thrust marketing – this occurs when the sales managers change their name to marketing managers. But the emphasis is still upon selling what we can make with an emphasis upon price and cost cutting but little attention to fitness for purpose, quality and value for money. In other words, it ignores what the customer really wants. 2 Marketing department marketing – indicated by the establishment of a bolt-on specialized department intended to remedy the lack of customer understanding.