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Summary Chapter 3 ~ Principles of Marketing

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Samenvatting is afkomstig van 'Principles of Marketing´ Global edition, 16th edition'. Geschreven door Philip Kotler en Gary Armstrong. De samenvatting is geordend per leerdoel van de lessen. De stof in de samenvatting is tot stand gekomen door een combinatie van het boek en de PowerPoint om zo een zo volledig mogelijk samenvatting te schrijven. De afbeeldingen geven soms nog net iets meer uitleg en zijn afkomstig uit het boek.

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Chapter 3
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Marketing and sales Chapter 3 aantekeningen


Learning objectiies:

 Relate how micro and macro eniironmental forces afect the company’s ability to serie
its customers
 Outline the indicators per macro eniironmental force
 Use demographic /social/ cultural trends to understand the implications for businesses
 Classify what economic factors afect consumer purchasing power and spending
paterns.
 Illustrate eniironmental trends impacting businesses
 Illustrate technological trends that create new product and market opportunities

Describe the environmental forces that afects the company’s to serve its customers

microenvironment The actors close to the company that afect its ability to serie its
customers—the company, suppliers, marketing intermediaries, customer
markets, competitors, and publics.

macro environments The larger societal forces that afect the microeniironment—
demographic, economic, natural, technological, political, and cultural
forces.




Explain how changes in the demographic and economic environments afect marreeng decisions

Demographic:

, Marketing and sales Chapter 3 aantekeningen


 =The study of human populations in terms of size, density, age, gender, race, occupation, and
other statistics. Demographic eniironment is of major interest to marketers because it
iniolies people make up market
 Baby boomers  the 78 million people born during the years following world war II lasting
until 1964l
 Generation X  the 4l9 million born between 1965-1976 in the birth dearth ‘following the
baby boom
 Millennials (or Generation Y  the 83 million children of the baby boomers




Economic environment:

 = economic factors that afect consumers purchasing power and spending paterns
 Changes in consumer spending
o Economic factors can haie a dramatic efect on consumer spending and buying
behaiiour
o Rich haie grown richer, middle class has shrunk, poor has remained poor
 Income distribution
o Marketers need to pay atention to income leiels



Idenefy the major trends in the irm’s natural and technological environments

Natural environment:

 iniolies the physical eniironment and the natural recourse that are needed as inputs by
marketing. At the most basic leiel, unexpected happenings in the physical eniironment @
anything from weather to natural disasters @ can afect companies and their marketing
strategies
 eniironmental sustainability  deielopment strategies and practices that create a world
economy that the planet can support indefnitely

Technological environment:

 forces to create new technologies creating new product and market opportunities
 it made some wonders  antibiotics, robotic surgery
 also horrors  nuclear missiles, chemical weapons
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