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Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

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Page 1: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing
Page 2: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing role in this regard

Understand that marketing's second social responsibility is to behave ethically and honestly with customers, colleagues, and ourselves as marketers

Page 3: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Observe how marketers must obey the letter of the law and spirit of various laws as a third social responsibility

Appreciate how marketing exercises its fourth responsibility via cause-related marketing

Page 4: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Social Responsibility

Marketing and Social Responsibility

The collection of marketing philosophies, policies, procedures, and actions intended primarily to enhance society’s welfare

Page 5: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s First Social Responsibility: Be Ever More Efficient and Effective

Too Many New Unneeded Products are Marketed that Fail

Arguments made for better marketing, not less marketing

Page 6: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s First Social Responsibility: Be Ever More Efficient and Effective

Too Many New Unneeded Products are Marketed that Succeed

Planned obsolescence—the design of a product with features that the company knows will soon be superseded, thus making the model obsolete

Example--www.gateway.com

Page 7: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s First Social Responsibility: Be Ever More Efficient and Effective

Market Distribution Systems are Inefficient

Fierce competitors who are trendsetters in innovation of new, more efficient distribution processes will take away business

Example—Wal-Mart and Home Depot

Page 8: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s First Social Responsibility: Be Ever More Efficient and Effective

A Lot of Advertising Is Wasteful Expenditure

Inefficient targeting—results when advertising and distribution reach too broad an audience, most of whom are not interested in the product

Page 9: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s First Social Responsibility: Be Ever More Efficient and Effective

Marketers’ Self-interested, Unintended Consequences on Supply

Tragedy of the commons—name given to the process which individuals, pursuing their own self-interest, overuse a common good to such an extent that the common good is destroyed

Page 10: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s First Social Responsibility: Be Ever More Efficient and Effective

Marketers’ Self-interested, Unintended Consequences on Supply

Supply-side market failure—individual activities of a supplier inadvertently lead to destructive effects on the overall supply

Page 11: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s First Social Responsibility: Be Ever More Efficient and Effective

Marketers’ Self-interested, Unintended Consequences on Supply

Page 12: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s First Social Responsibility: Be Ever More Efficient and Effective

Marketers’ Self-interested, Unintended Consequences on Supply

Page 13: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s First Social Responsibility: Be Ever More Efficient and Effective

Marketers’ Self-interested, Unintended Consequences on Demand

Demand-side market failure—the cumulative effect of the marketing practices on many thousands of advertising campaigns that has a residual negative impact on the values of buyers and the demand for various products

Page 14: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s Second Social Responsibility: Behave Ethically

IBM and Proctor & Gamble

Page 15: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s Second Social Responsibility: Behave Ethically

IBM and Proctor & Gamble

Page 16: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s Second Social Responsibility: Behave Ethically

I Was Only Following Orders

Page 17: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s Second Social Responsibility: Behave Ethically

Choose to Do the Most Good for the Most People

Principle of utility is that “ethical behavior” is the behavior that produces the most good for the most people in a specific situation

Page 18: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s Second Social Responsibility: Behave Ethically

What If Everyone Did It?

Situational ethics—societal condition where “right” and “wrong” are determined by the specific situation, rather than by universal moral principles

Page 19: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s Second Social Responsibility: Behave Ethically

Where Do Our Basic Values Come From?

www.ymca.com

Youth groups, sports teams, school related organizations

Page 20: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s Second Social Responsibility: Behave Ethically

Recognizing Ethical Issues

Page 21: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s Second Social Responsibility: Behave Ethically

Recognizing Ethical Issues

Ethical vigilance—means paying constant attention to whether one’s actions are “right” or “wrong,” and if ethically “wrong,” asking why one is behaving in that manner

Page 22: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s Third Social Responsibility: Obey the Law

Obey the Law

Page 23: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s Fourth Social Responsibility: Help Market Good Causes

Good Causes

Page 24: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s Fourth Social Responsibility: Help Market Good Causes

Cause-Related Marketing

Activities that governments, public service organizations, companies, and individuals undertake in an effort to encourage target customer participation in socially redeeming programs

Page 25: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s Fourth Social Responsibility: Help Market Good Causes

Cause-Related Marketing

Example—The National High Blood Pressure Education Program (NHBPEP)—partnership of over 40 organizations to raise awareness and provide diagnosis

Page 26: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s Fourth Social Responsibility: Help Market Good Causes

Cause-Related Marketing

Allstate Allstate InsuranceInsurance

Page 27: Recognize that marketing’s first social responsibility is to be ever more efficient and effective and understand the charges made against the marketing

Marketing’s Fourth Social Responsibility: Help Market Good Causes

Cause-Related Marketing