Chapter 3 -Analyzing the Marketing Environment

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Mind Map of the Chapters 3 of the book Principles of Marketing
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Chapter 3 -Analyzing the Marketing Environment
  1. CHAPTER 3: Analyzing the Marketing Environment
    1. Marketing environment: The actors and forces outside marketing that affect marketing management’s ability to build and maintain successful relationships with target customers.
      1. Microenvironment
        1. Macroenvironment
          1. Marketing intermediaries: Firms that help the company to promote, sell, and distribute its goods to final buyers.
            1. Public
              1. Demography: The study of human populations in terms of size, density, location, age, gender, race, occupation, and other statistics.
                1. Millenials (or Generation Y): The 83 million children of the baby boomers born between 1977 and 2000
                  1. Generation X: The 49 million people born between 1965 and 1976 in the “birth dearth” following the baby boom.
                    1. Baby Boomers: The 78 million people born during the years following World War II and lasting until 1964.
                2. Environments
                  1. Environmental sustainability: Developing strategies and practices that create a world economy that the planet can support indefinitely.
                    1. Technological environment: Forces that create new technologies, creating new product and market opportunities.
                      1. Political environment: Laws, government agencies, and pressure groups that influence and limit various organizations and individuals in a given society.
                        1. Cultural environment: Institutions and other forces that affect society’s basic values, perceptions, preferences, and behaviors.
                        2. Responding to the Marketing Environment
                          1. Rather than simply watching and reacting to the marketing environment, companies should take proactive steps.
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