Introduction
This is an essay on the marketing. It
consists of brief observation of the status and scope of field of marketing and
what marketing field should do so as to remain relevant in the future.
Current status and scope of the marketing
field
Gok and Hacioglu (2010)
stated that for more than two decades forces such as globalisation, technology,
competition and increasing complexity in customer demands have led to changes
in marketing concepts and related activities. Furthermore, marketing activities
have been diversified and are carried out by several companies in such a way
that marketing has undergone is called ‘crisis of identity’; thus marketing field has
to re-define its identity so to sustain its relevance. Crisis of
identity has led to the query of validity of marketing since most of its
activities are outsourced and many of its roles are dispersed throughout the organizations.
This is interpreted as the death of the marketing field by narrow minds. However,
this is not necessarily a death of the marketing field but a symbol of growth
of the marketing function as most of its activities seem to be mainstreamed to
the organizations. Moreover, it implies that there is application of marketing
orientation and customer care in all organizations’ functions. Furthermore,
outsourcing of marketing tasks implies that there is a growth of marketing
field as a profession. However, there has been a lack of proof about the role
of marketing field in business performance and its contribution in the society
well being. This happens because many marketing managers use opinion rather
than data in making managerial decisions. This calls for data based decision
making among marketing managers.
In
connection to the above point, marketing activities today are acting as routine
job of communication and building stakeholders’ relationship. However, this is not
what should be, since marketing field needs to be business discipline rather
than communication discipline. This implies that marketing has to carter for
business development role rather than product development and communication
role.
Additionally,
Reibstein et al (2009) argued that in the marketing field today there is a gap
and silo between marketing academics and senior marketing and corporate
officers. This means that there is division between main marketing
stakeholders. In connection to that, marketing
academics seem not to have great impact on the practice of marketing field because
they are busy in advancing theory and methods which do not deal with difficult
problems facing corporations, business world and society at large. Some of the challenges that marketing academics is struggling to solve are such as unethical
marketing practices, blurring value chains, lack of confidence in global
financial system, energy conservation and increasing obesity just to mention a
few. In addition to that, marketing academics has failed to influence the
business world on the significance of networking between marketing academics and
industry. Thus, in order to solve business challenges there should be
collaboration between academic marketers and industry. This will help to bridge
the silo and gulf between two sides and enable the development of marketing theories
that can be used and experimented in responses to business challenges.
Moreover,
there is a challenge of business education especially the MBA courses. They
seem to lack relevance because of shallowness and narrowness in analytical,
cognitive skills, lack of business experience and self centred careerism. Furthermore,
marketing field seems to be replaced with Strategy field since Strategy field
seems to take some elements of marketing in such a way that one can think it
has replaced marketing field (Reibstein etal, 2009).
Furthermore,
marketing field is currently in pathetic state due to short term focus. This
has made the field to fail to solve long term challenges that encompasses
business value creation system of all stakeholders involved in the value chain.
Hence, marketing field seems to solve short term financial performance of
businesses focusing only on customers instead of long term large challenges. As
a result, marketing is struggling to improve the living standard of all people
by creating value at all levels of society within socio economic system; for
example social responsibility role is one of the issue that marketing field
need to focus on; as it gives competitive advantage of the organizations by
building confidence and reputation that can enable business organizations to
secure licence to operate in the community where organizations are doing
business. In addition to that, social responsibility engagement has to be the
win win engagement where the business organisations gets profits as well as
solving the fundamental problems and economic challenges facing the societies where
they operate through sharing the ownership of the societal problems and vision
of the solution from the start rather
than doing the philanthropic type of engagement such as building schools,
healthcare provisions and housing as such kind of engagements can’t prevent
societal uprising in the long run such as Marikana uprising and Mara uprising
and killing of Barrick Gold mines in Tanzania. That is why in the midst of
philanthropic corporate social responsibility done by marketing organisations,
the societies are experiencing rampant poverty, discontentment and
dissatisfaction expressed in terms of riots and strikes; the civil commotions
that have resulted into deaths because of confrontations with police forces.
Solution should be to address societal challenges through mutual understanding
and agreement between business organizations and societies where businesses are
operating in addressing the real problems facing the concerned communities (Webster
& Lusch, 2012, Karp, 2003; Bowen etal, 2010, Porras & Collins, 1994). Thus,
Financial times (2002) advised business leaders to serve the society in which their
business organizations are operating, if they want to succeed in the long run.
Finally,
marketing field scope is still narrow and focuses on making profit and
expanding corporations’ sphere of influence through attracting more customers
only. As a result of this mentality, it has been difficult to create abundant
life to the society and to the world at large because of selfish profit motive
of the firms at the expense of consumers. The consequences selfish profit
motive of the firms is lack of ethics and responsibility of market
organizations which results into a number of crises such as global financial
crisis, environmental degradation and extreme poverty to the majority of world
population rather than abundant life to all citizen consumers (Webster &
Lusch, 2012; Karp, 2003).
Steps and stance that Marketing
field need to embark on so as to remain relevant
Reibstein
et al, (2009) stated that the relevance of any field comes from its ability to
solve community problems; in the same vein, marketing as a decision science
accrue its relevance on how it solves pertinent challenges that face the world.
Solution that marketing field need to address so as to remain relevant are such
as rebuilding confidence in global financial system, encourage energy
conservation and clean energy plus innovating
new best practices that improve business performance.
Gok
and Hacioglu (2010), argued that in order to remain relevant as esteemed field to
business and society, marketing need to manage and improve networks, relationships
and skills of the actors in the industry such as marketing academics, marketing
managers, corporation CEOs and sales
people just to mention a few. Moreover, the field has to seek new business
opportunities. Seeking new business opportunities will make marketing more
visible in its contribution to business success. Furthermore, marketing
managers need to disseminate knowledge management to the company, create a return on investment; a culture
that embraces every marketing initiative through data driven decision making as
opposed to opinion decision making. In addition to that, marketing field need
to develop strong management skills such as integration, organizing, negotiation
and conflict management. Additionally, marketing managers need to acquire interpersonal
skills such as analytical skills, knowledge dissemination skills and holistic
vision that capture all aspects of the business process rather than departmental
views.
Reibstein
et al (2009) argues that in order for marketing field to be relevant, it has to
make a difference in solving business as well as societal problems. This can be
done through collaborations between marketing academics and senior marketing
and corporate officers. Collaboration can bring impact into the marketing
practice and field in creating successful cases and findings that can help the
marketing field to move forward. Additionally, marketing academics can use their
researches into growth and development of the field. However, in order this
practice to be viable marketing researchers should ask CEOs and marketing
managers about critical marketing challenges that marketing field needs to address.
Similarly,
marketing field needs to incorporate new economic, social, political,
environment and dynamic characteristics into academics as well as providing solution
through research relevance and rigour to pertinent challenges such as renewable
energy, ecosystem biodiversity, climate change, obesity and pollution and
ethics. This will prevent the field from being outdated (Varadarajan, 2003,
Ketolla, 2010).
Finally,
marketing field has to create value to customers and all the stakeholders in
the value chain who are the consumers of the business organization offerings.
This implies that, marketing field has to address broader concerns that affect
the creation of flourishing and abundant life. Issues to be addressed are such
as ethics, culture and innovation in and their impact to sales, advertisement
and to the business organization performance at different market place
contexts. For example, marketing field has to emphasize on ethics in all its
operations because ethics addresses principles and standards that define
acceptable conduct in the marketing field despite pressure to meet performance
objectives or manipulation and deception to take advantage of the marketing
situation so as to make profit.
Conclusion
Marketing
like many other fields undertaken by organizations is facing the crisis of
identity. Solution of this challenge is to redefine its identity in order to
sustain its significance. The complexity comes from multiple factors and forces
such as globalization, technology, competition and increasing complexity in
customer demand just to mention a few. These factors are also a manifestation
of the ever increasing interdependence between and among organizational
functions.
In
order for marketing as a field to retain its relevance, it has to solve
pertinent challenges that face the world such as rebuilding confidence in
global financial system, encourage energy conservation and clean energy plus
innovating new best practices that improve business performance. Moreover
marketing need to manage and improve networks, relationships and skills of all
the actors in the industry such as marketing academics, marketing managers,
corporation CEOs and sales people just
to mention a few; moreover the field has
to seek new business opportunities. Lastly, it has to make a difference in
solving business as well as societal problems by creating value to customers
and all the stakeholders in the value chain who are the consumers of the
business organization offerings.
Reference
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