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Marketing – Chapter 2: The Marketing Environment (Lecture Summary)

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This document contains a complete and clearly structured summary of Chapter 2 about the marketing environment. It covers all influences and actors that influence marketing policy, including the internal, performance and external environment. In addition, the DESTEP factors, technological and environmental trends, political and legal influences, industry analysis and competition analysis are extensively explained. This summary provides a complete overview of all core concepts and is ideal for exam preparation and understanding how organizations adapt to their environment.

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Hoofdstuk 2
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Chapter 2: The Marketing Environment
= Actors and influences outside of marketing that influence marketing’s abilities to build and
maintain successful relationships with selected customers




1.​ Internal environment: Things inside the company (f.e. employees, budget, company
culture, brand values)​
Marketers can fully control these.​

2.​ Performance environment:​
Direct market players (f.e. customers, competitors, suppliers, distributors.​
Marketers can influence these, but not control them)​

3.​ External environment:​
The macro environment (f.e. economy, technology, politics, culture, regulations.)
Marketers have little or no influence here, they must adapt to it.

2.1. Understanding the external environment​
environmental scanning = The process of gathering, analyzing, and interpreting data about
external factors that can influence the organization to help top management in making
decisions and developing a course of action

DESTEP:

, 2.1a. The demographic environment
=The study of human population in terms of size, density, location, age, education, gender,
race, and profession

key elements/ factors: Population size and growth, Population density, Age distribution,
Gender distribution, Education levels, Income distribution, Urbanization, Household
composition, Migration patterns

marketing adapts: f.e. changing households: a blended family→ ikea ad where a kid has 2
exactly the same rooms

2.1b. The economic environment = The factors that affect consumer buying power and
spending patterns

such as: Gross Domestic Product (GDP), Disposable (=beschikbaar) income, Income
distribution, Price inflation, Unemployment rates, Interest rates, Exchange rates
(=wisselkoers), Consumer spending patterns, Export quota and duties,...

2.1c. The socio-cultural environment = Institutions and other forces that affect society’s basic
values and lifestyles

Cultural norms and values: The shared beliefs and practices within a society, f.e. Lifestyle
trends, Health and wellness, Education and literacy, Consumer attitudes and opinions,
Social mobility

Global consumer culture: People are united by their common devotion to brand-name
consumer goods, movie/ rock stars, and service. a brand operates globally → people get
the same preferences

-​ Standardization of products and brands → Unified consumption experience,
f.e. Coca Cola
-​ Influence of global media and technology → Similar lifestyles and consumption
trends across different cultures
f.e. Netflix
-​ Cultural homogenization (= cultures become more alike)
-​ Global symbols and status
f.e. Rolex
-​ Global consumer trends
f.e. Patagonia: the trend of sustainability

Glocalization : global + local = Process by which global companies adapt their products,
services and marketing strategies to suit local cultures

One-stop shopping Marketers use one-step shopping as a strategy to position themselves
as the most convenient and complete solution for customers. → popular in modern,
fast-paced, convenience-oriented cultures.
f.e. Walmart
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