Essay Available:
You are here: Home → Essay → Business & Marketing
Pages:
3 pages/≈825 words
Sources:
3 Sources
Level:
Harvard
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 12.96
Topic:
Consumer behavior guided mini essay (Essay Sample)
Instructions:
THIS IS GUIDED MINI ESSAY. THE MAIN AIM OF THE TASK IS TO INVESTIGATE CONSUMER BEHAVIORS. source..
Content:
Consumer behavior guided mini essay
Student’s ID Number
University’s Code + Course name
Course Tutor’s name
University name
City, State
Date
Nowadays, we market with and among consumers. With the rising levels of technology, consumers are now more interconnected to each other than ever before. Before the beginning of the 21st century, this was not the case; entrepreneurs mostly did market their products and services to the consumer. This scenario can be compared to the game of pinball (Henning-Thurau et al. 2010). In the past, the marketing strategy can be referred as to bowling. The entrepreneur used only one tool (the ball) to sell and advertise his product or service to the customers (the pins). Today, marketing is done through a variety of platforms the most common being the social media (the balls) to reach the customers (the various targets aimed by the machine bumper). In this platform, the consumers are very interactive same as the different goals designed by the bumper device. They have more power in the pinball area to exchange their experiences concerning different entrepreneurs consequently affecting the marketing strategy. This change that came with the social media is quite evident: there are an increased participation and high levels of connections.
According to David (2014), our marketing strategies today have changed since many people are spending most of their time on phones, tablets, and computers. There is one on one interactions between consumers which help people share narratives concerning various brands which affects the potential customer’s wishes. A clear indication that we are now marketing our products with and among the customers. Walker, in his 2011 article says that technology has a significant impact on the people’s perceptions. The way people are engaging in brand marketing is entirely changed. It has changed how the consumers conceptualize the services and goods offered in the market. Once some information has been shared in the social media, the entrepreneur has no capacity to change that information in regardless of whether it is affecting them positively or negatively. This is one thing that has enabled the consumers to have a great impact on the marketing strategy.
Most strategies which generate some value for the customers have significantly affected the spread by the social media and the pinball effect. These critical marketing assets affected include the relationships of the consumers, branding, and selling. This pinball metaphor has consequences the main one being the loss of the marketing control by the entrepreneurs which still shows that we do not market to consumers but a market with and among them. This is more in the field of material branding in which entrepreneurs are trying to organize the constant reactions from the consumers in the social media, but they are unable. Same way as to the game of pinball which is chaotic and very interactive. The same manner in which the pinball machine requires constant monitoring of the activities taking place, surveillance of the client’s multimedia activities deserves the same attention. This shows the signifi...
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:
Other Topics:
- Best Practice Of Performance Management Strategy Is Key To An Organizations Ability To Gain . . .Description: Best Practice Of Performance Management Strategy Is Key To An Organizations Ability To Gain A Competitive Advantage...6 pages/≈1650 words| 15 Sources | Harvard | Business & Marketing | Essay |
- Personal Reflections of App DevelopmentDescription: Personal Reflections of App Development Business & Marketing Essay...6 pages/≈1650 words| 10 Sources | Harvard | Business & Marketing | Essay |
- SWOT Analysis Of Oman Oil Company Exploration And Production LLCDescription: Oman is one of the worlds leading oil producing country. It is therefore, without question that Oman boast of several major oil companies....11 pages/≈3025 words| 6 Sources | Harvard | Business & Marketing | Essay |