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Marketing_Management_14th_Edition-min

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DEFINING MARKETING FOR THE 21ST CENTURY | CHAPTER 1 7<br />

For a city like Las Vegas that<br />

thrives on tourism, good marketing<br />

is essential.<br />

Solutions USA, Tom McCausland, says, “[our product] is not necessarily an X-ray or an MRI, but<br />

information. Our business is really health care information technology, and our end product is really<br />

an electronic patient record: information on lab tests, pathology, and drugs as well as voice dictation.” 14<br />

IDEAS Every market offering includes a basic idea. Charles Revson of Revlon once observed: “In<br />

the factory we make cosmetics; in the drugstore we sell hope.” Products and services are platforms<br />

for delivering some idea or benefit. Social marketers are busy promoting such ideas as “Friends<br />

Don’t Let Friends Drive Drunk” and “A Mind Is a Terrible Thing to Waste.”<br />

Who Markets?<br />

MARKETERS AND PROSPECTS A marketer is someone who seeks a response—attention, a<br />

purchase, a vote, a donation—from another party, called the prospect. If two parties are seeking to<br />

sell something to each other, we call them both marketers.<br />

One of the most important areas of<br />

marketing is the work that social<br />

marketers do to promote socially<br />

desirable behaviors.

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