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Book Review: Marketing
Moves, by Philip Kotler, Dipak C. Jain, Suvit Maesincee,
ISBN 1-57851-600-5, Harvard Business School Press.
Marketing Moves presents a new framework for conducting marketing
strategy and operations developed in the context of corporate strategy.
It aims to help companies:
Identify new value opportunities for renewing their markets;
Efficiently create more promising new value offerings;
Use their capabilities and infrastructure to deliver the
new value offerings efficiently.
The book's main thesis is that marketing needs to change to cope
with the overcapacity found in a range of manufacturing industries.
Customers are scarce, leading to hypercompetition. Previously the
company had been the hunter searching for customers, now the consumer
has become the hunter. Markets, and marketing media such as the
Internet, are changing faster than marketing methods.
The book is organised into two parts. The first considers the digital
economy, positions marketing as a driver for innovation and suggests
a series of ideas based on the digital economy that would renew
marketing strategies.
The second part is a systematic framework to implement what the
authors term holistic marketing in the digital age. This begins
with the identification of market opportunities; the design of market
offerings; understanding the business models to provide these profitably;
the business infrastructure required to execute; the design of marketing
and operational activity plans and finally the need to re-iterate
the whole process to remain competitive.
Despite a clear structure and positive examples I found this book
disappointing. Though published in 2002, it had clearly been written
in the euphoria of the dot.com boom. I was distracted by the continual
implication that the Internet and information technology solutions
would solve every difficulty. For me, the technology is the easy
part. It's changing the people's mind set that is the hard bit.
The idea that marketing needs to change from support of selling
products to become the identification of customer needs for organisations
to devise solutions to satisfy is attractive and well argued. The
authors bring into a coherent framework a number of practical ideas
to develop a sales and marketing strategy.
However, I can't recommend this book. It was not an easy read.
The examples don't deal with the implementation issues. They read
like propaganda or "spin". There is no balance. It reads
like a checklist and might serve that purpose in a marketeers' library.
.Mike
Evans
Also in this issue . . . .
| Feature
Article: |
The
Webinar Experience: Peter Thorne
takes a fresh look at this technology, and how it has advancd,
since his first review in June 2000.
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| Hot
Topic: |
Enterprise
Applications Market Review:
Dan Roberts reviews the market for Enterprise Applications.
He foresees a gloomy end to the year, but reasons for optimism
in the longer term.
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