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Contemporary issue in marketing - Essay Example

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The brand has been manufacturing all kinds of electronic products for the customers present all around the world on a global scale. The brand has been responsible for making movies, music…
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Contemporary issue in marketing
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Contemporary issue in marketing

The 2008 fiscal year of Sony ended in the month of March and the audit reports show that annual sales that were made by Sony in the year of 2008 equaled about $US90bilion which is a great amount. The number of employees that Sony has equals to about 190,000 people located in the manufacturing factors and in the offices all around the world.
Sony is one company which has gained the success that it truly deserves and it has been known that it is one of the companies that is public in nature. It has got hold on the shares in four of the major stock exchanges in the worlds which include the stock exchanges based in New York, London, Tokyo and Osaka. In addition to this Sony is the brand with has about 1006 of the total subsidiaries located on an international scale (Squire, 2001, p. 22).
The marketing orientation evolved the ideology of marketing providing the newer way of thinking to people. It included the point that the customers or the consumers are the entities who are much more important than the profitability as customers are the stakeholders for the organizations.
It is being said that the marketing is still evolving and the better changes are seen in the field of the marketing these days. It is said that these days are the days when the evolution of marketing has entered into fourth stage. The fourth evolutionary stage of the marketing is known as the personal marketing orientation and this is the one that is considered to be the better approach as compared to ones in previous (Abramson, 2003, p. 44).
The fourth stage is the one that makes the point that the individual based marketing is the key to the successful marketing and by proper utilization of this stage and with proper understating this is the way that can be used to reach the customers on an individual basis. The marketing thereby can be done on an individual ... Read More
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