Marketing(see attached doc) - Essay Example

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Marketing(see attached doc)

Acquiring a marketing mindset is definitely essential in achieving goals.
Contemporary society is distinguished by vibrant as well as competitive markets. This is because of the global environment in which modern trade facilitated by the market forces of supply and demand takes place. The characteristics of the capitalist commodity culture have grown to consist of more than the selling or goods. This culture is now an obvious means used for modern communication (Elkington, Hartigan and Schwab, 2008). In the twenty-first century’s commodity culture, corporate logos and advertising images are no longer just a part of the promotional strategies of the producers of consumer goods, but also endorse a particular culture. A lot of people who work in the advertising business perceive advertising as being consistent with the requirements of a democratic economy, contributing towards making customers aware of the existing market options and educating customers about the present product benefits.
In a consumer society, products are significant adjuncts to personal relationships as they are symbols that bear social information to others. They function as a projective means into which consumers transfer the complicated webs of social as well as personal interactions. Advertising is not merely a business expense that is undertaken with the expectation of bringing transactions, but is instead a basic element of modern culture. Advertising is important due to the fact that in consumer capitalism, customers rely on it for meaning. Advertising is basically a source of societal information implanted in products that mediate personal identity as well as interpersonal associations. Advertising should thus be perceived as a vital part of the consumer society. This is because it generates patterned sequences of meaning which have a key role in social reproduction ...Show more

Summary

In the today’s world, marketing permeates every aspect of daily life. Business organisations use marketing tools to persuade consumers to purchase their goods and…
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