The book (Murphy, date, page) Ethical Marketing lists several maxims that should aid marketers facing an ethical dilemma. These are: The golden rule -- acting toward others as you would hope they would toward you; professional ethic -- take only actions that are seen as proper by an objective group of professional peers; TV/newspaper test -- being comfortable explaining the action to the media and general public; "when in doubt, don't" -- if the action makes one feel uneasy, question it; slippery slope -- companies must take care not to be involved with practices that set precedent for other more unsure ideas later; kid/mother/founder on your shoulder -- would a naive child, your mother or company founder be comfortable with the ethical decision?; never knowingly do harm -- a manager would not consciously make or sell a product not considered safe.
The future of buzz marketing is also a grey area. Some people say that it is here to stay, as long as companies have the leeway to do so. Others believe that so much of this type of advertising will be done in the future it will lose its effectiveness. Either way, buzz marketing will most likely be around for a while. Since the question of ethics remains unanswered, it should continue to be addressed by consumer and marketing groups and the government until there is some resolution. Most likely, another form of advertising...
"In a stunning last-minute change of plans, Intel has postponed the launch of its highest-performance PCs, previously scheduled for Monday. Calling system vendors on Thursday night, Intel acknowledged memory problems associated with the Rambus memory design in its 820 chip set. Intel reportedly found a "memory bit error" that curtails top memory capacity and speed. Intel has declined comment on the situation. (Spring, 1999) Intel did not hesitate to
Marketing The National Wrestling Hall of Fame is located in Stillwater, OK. The objective of this marketing plan is to double attendance and revenues this year. The plan recognizes that this is a major challenge, but with the right marketing strategy, these objectives can be achieved. The tactics will focus on three areas -- promotions, product and special events. With respect to promotions, we want to encourage visitors who are in
Marketing Development of Beverage Dear Marketing Team ABC Company Marketing Development of Beverage As our company is in the process of marketing development of a new beverage, I am determined to have the impressive launch of the product. In this regard, I am analyzing the advertisement strategies of various players in the same industry. This practice is carried out with the perspective of applying the plus points of the advertisement in our advertisement and
Marketing Strategy for KitKat Desktop Publishing Creating an independent desktop publishing business from one's home is indeed an exhilarating prospect. Entrepreneurship offers one a career of truly boundless possibilities and the intoxicating freedom of being one's own boss. However, such a path is not without challenges; there are the regulatory and compliance issues, financial issues, start-up capital needed to be gathered, evaluation of technology systems, and marketing (Schulaka, 2009). When it
Figure 6 resoundingly illustrates how critical reassurance of cleanliness and quality are to anyone who purchases toothpaste. Integrated Marketing Communications Objectives First, to conclusively align the snore reduction aspects of the tooth paste with accentuated health through immunity from bacteria and a feeling of cleanliness from using the toothpaste periodically. Second, to define a unique and defensible marketing position for the snore reduction tooth paste including a unique value proposition that will
In approaching sports marketing, many advocate what is called the 'JOBS' approach: What 'job' is the product doing -- what fundamental problem is your customer trying to solve? What objectives do your customers use to evaluate solutions? What barriers limit your customers' ability to use your solution? What solutions do your customers consider? The problem might be a perceived lack of purpose in life or 'respect' -- which may cause
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