Economy, asked by satyamgupta4706, 1 year ago

State changing role of product, marketer and consumer in modern marketing.

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Answered by Anonymous
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e is the dominant fact of life in every business today. And the ability to master and exploit change has become one of the most sought-after management skills. This is particularly true in marketing, where the very tempo of change is constantly quickening.

Today’s chief executive faces a baffling dilemma. Change gets costlier every day; yet not changing can be costlier still. And even while adapting to change, a company’s marketing effort must reflect an internal constancy of purpose and an external consistency of image.

Not all changes in marketing, of course, are equally significant. Some are confined to particular industries. Others are broader and more functional in nature. And among these broader trends, there are six whose effects, I believe, will be felt by almost every business.

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