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IMPORTANT CHANGES IN THE MARKETING MACROENVIRONMENT
MARKET FRAGMENTATION
CONSUMER
EMPOWERMENT
ENVIRONMENTAL CONCERNS
“Remarkable technological advances in the above have the world a whole new place to market”
COMPUTERSCELL PHONES
SOFTWARESINTERNET
IMPORTANT SHIFTS IN THE MARKETING & BUSINESS PRACTICES
RE-ENGINEERINGOUTSOURCING BENCHMARKING
CONSUMER PARTNERING
SUPPLIER PARTNERING
MERGING
“Marketers now have to operate in a slow growth
economic environment characterized by the
following”
DISCRIMINATING
CONSUMERS
AGGRESSIVE
COMPETITION
MARKET
TURBULENCE
“Consumers & Companies both have increased
their concerns about environmental & social
consequences of their activities”
“Recent failures of firms like Blockbuster, Barnes
& Noble, Kodak reflect their inability to adjust to
a dramatically different marketing environment”
“Companies like IBM and Intel have dynamically
changed their business models needed to sustain
in the longer run ”
“Product development, R&D, Sales force: these
elements must be catered to satisfy customer
needs & wants”