Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                

Chapter 11

Download as ppt, pdf, or txt
Download as ppt, pdf, or txt
You are on page 1of 14

Marketing Ethics and

Social Responsibility
Social Criticisms of Marketing
Marketing’s Impact on Individual
Consumers
– High Prices
High costs of distribution
High advertising and promotion costs
Excessive markups
Social Criticisms of Marketing
Marketing’s Impact on Individual
Consumers
– Deceptive (misleading) Practices
Pricing
Promotion
Packaging
– High-Pressure Selling
Social Criticisms of Marketing
Marketing’s Impact on Individual
Consumers
– Shoddy or unsafe products
– Planned obsolescence
– Poor service to disadvantaged consumers
Social Criticisms of Marketing
Marketing’s Impact on Society as a Whole
– False wants and too much materialism
– Too few social goods
– Cultural pollution
– Too much political power
Social Criticisms of Marketing
Marketing’s Impact on Other Businesses
– Acquisitions of competitors
– Marketing practices that create barriers to
entry
– Unfair competitive marketing practices
Citizen & Public Actions to
Regulate Marketing
Consumerism
– Traditional seller’s rights
– Traditional buyer’s rights
– Additional rights proposed by consumer
advocates
Each proposed right has led to more
specific proposals by consumerists
Citizen & Public Actions to
Regulate Marketing
Environmentalism
– An organized movement of concerned
citizens, businesses and government
agencies to protect and improve people’s
living environment
– Environmental Sustainability
Pollution prevention
Product stewardship
New environmental technology
Sustainability vision
Citizen & Public Actions to
Regulate Marketing
Public Actions to Regulate Marketing
– Major legal issues affect every area of marketing
management, including:
Selling and advertising decisions
Channel decisions
Product decisions
Packaging decisions
Price decisions
Competitive reaction decisions
Business Actions Toward Socially
Responsible Marketing
Enlightened Marketing
– Customer-Oriented Marketing:
Companies view and organize their marketing
activities from the consumer’s point of view.
– Innovative Marketing:
Companies seek real product and marketing
improvements.
Business Actions Toward Socially
Responsible Marketing
Enlightened Marketing
– Value Marketing:
Companies put most of their resources into
value-building marketing investments.
– Sense-of-Mission Marketing:
Companies define their mission in broad social
terms, rather than in narrow product terms.
Business Actions Toward Socially
Responsible Marketing
Enlightened Marketing
– Societal Marketing:
Companies make marketing decisions
by considering consumers’ wants, the
company’s requirements, consumers’
long-run interests, and society’s
long-run interests.
Business Actions Toward Socially
Responsible Marketing

Enlightened Marketing

– Societal Classification of Products


Deficient (scarce) products
Pleasing products
Salutary (beneficial or constructive) products
Desirable products
Business Actions Toward Socially
Responsible Marketing
Marketing Ethics
– Corporate marketing ethics policies
Distributor relations, advertising standards,
customer service, pricing, product development
and general ethical standards.
– Guiding principle in policy determination
Free market and legal system
Individual companies and managers
– International ethical policies are a special
challenge

You might also like