What is Societal Marketing? Assignment

What is Societal Marketing? Assignment Words: 336

There are various objectives of societal marketing, some of them are: Marketing and business leaders should adopt roles of leadership for the advancement of society and to achieve new levels of moral conduct. ; Social responsibility implies that a business leader before taking any decisions should think about the protection and enhancement of the society. ; The main of such businesses would be to help the consumers and to induce proper consumption value amongst them. Societal marketing should not be confused with social marketing.

Societal marketing includes integrating issues of social responsibility into commercial marketing traceries. Whereas, social marketing is completely opposite, it uses commercial marketing tools and techniques to social causes. Societal marketing can be defined as a marketing strategy which has a social dimension which includes non economic criteria. It Is concerned about society’s long term Interests. Societal marketing clearly makes the outline between Immediate consumer satisfaction and the long term benefits.

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The categories of product (according to Kettle) and Societal marketing The categories of products are as follows: 1. Generic Product – It Includes all the qualities of the product. For example for a arm coat, it is about material, fit and all the related qualities of the product. 2. Core Product – It indicative of the basic product which means for which purpose the product is made. For example, the warm coat is intended to protect the consumers from heat and rain. 3.

Expected Product – It is about the expectations the consumers have from the product. For example, the coat should be warm and be comforting In the bad weather. 4. Augmented Product – This refers to the add-on that the product possesses which makes It unique and apart from the other products. 5. Potential Product – This refers to the change and transformation the reduce may undergo in future. Examples There are many companies worldwide who work on the concept of societal which is famous in marketing its Hybrid car in a very interesting way.

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What is Societal Marketing? Assignment. (2021, Nov 18). Retrieved April 20, 2024, from https://anyassignment.com/art/what-is-societal-marketing-assignment-31055/