Preview

Marketing Myopia reaction paper

Satisfactory Essays
Open Document
Open Document
344 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing Myopia reaction paper
Marketing Myopia

When it comes to the topic of marketing, or anything that has to do with business, I personally am not very interested in it, thus making me not that very knowledgeable in this topic. Hearing stuff about business just puts me to sleep. However, when asked to read the article on marketing myopia by Levitt, I wasn’t too excited to start but when I started reading, I got hooked. The article is so well written and insightful that I just kept reading. After reading the whole 13 pages, my eyes were opened to what marketing is and isn’t. In the article, Levitt gave many examples of companies that fell into marketing myopia and explained why and what made them fall. From many of the examples, it really showed me a picture of how important it really is to define what your company is and what its goal is. I realized that a simple misdirection could easily guide a company into its own grave. Also, it made me see how easily a company or business can be swayed away from their main purpose or goal therefore putting all effort and focus on something that can destroy them. Another idea or point I got from this article was that we constantly have to look for something new or to be bold in making new innovations and thinking outside the box. Even though it may seem like the company is doing fine, we can’t ride on the same thing forever because the world is constantly changing. We have to anticipate and be bold in creating creative ways to adjust to the ever-changing world. In conclusion, I personally got to really see a glimpse of what marketing is all about. My old views and misconceptions of marketing were all broken after reading this article. The idea I had of marketing, being just all about convincing the customer to buy your product has just been smashed into pieces. I guess at the end of the day, it really showed me the true definition of marketing.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    MGMT 434 Outline

    • 639 Words
    • 3 Pages

    Managers must adopt a new mindset that values flexibility, speed, innovation, integration, and the challenges that constantly evolve…

    • 639 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    Hrm 587 Final Project

    • 6455 Words
    • 26 Pages

    “Change can be happen without improving, but cannot be improved with out changing” These days it is becoming highly competitive environment and fast growing where all wants to be ahead and connected to the world. Since past 2 decades we have seen many inventions which created a mile stone and at the same time change our lifestyles in one way or other, which was possible because of the companies investing on R&D and consistence change in the organization.…

    • 6455 Words
    • 26 Pages
    Best Essays
  • Powerful Essays

    Mkt 327 Marketing Strategy

    • 2381 Words
    • 10 Pages

    There are few things that impacts one’s life more than the market system one lives in, and the marketing…

    • 2381 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Marketing Audit Lite N' Easy

    • 10624 Words
    • 43 Pages

    Quester, P.G & McGuiggan R.I & Perreault, W.D & McCarthy E.J ( 2007), Marketing: Creating and…

    • 10624 Words
    • 43 Pages
    Powerful Essays
  • Good Essays

    Example of DryCleaning : They were not bitten because their competitors made better, but because they find a way not to use drycleaning!…

    • 608 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Silk, A. J. (2006). What is Marketing?. Boston, Massachusetts: Harvard Business School Publishing Corporation. Retrieved from…

    • 1226 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    In this article, change is relevant to making concepts into reality. If current projections hold true, technology will change every year, world knowledge will double every 900 days, an English dictionary will be outdated within two to three years, and generation gap will occur every four to five years (Brownell, 2000). Everything in the environment is changing, to survive, change must be accepted. This goes for companies as well. To accept change and make an organization successful, an organization needs to accept the idea of becoming a learning organization. The article insists that change is an opportunity toward constructive growth. Change should be accepted; moving forward not only increases growth for the company but also for the employees as well. Change in the workplace can be scary, upper-level management must allow employees to showcase their talents and share in the opportunities change has to offer.…

    • 986 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    In Theodore Levitt 's article, "Marketing Myopia" (1975), the concept of marketing was widened by examining the history of failed industries doomed to fail eventually. Industries failed to continue their growth not because of a saturated market but failure of proper management. They did not realize the need of expanding into areas in which they were already familiar. Levitt used the railroads as an example because railroads were not focusing on other modes of transportation such as cars and planes, and ships. The railroads only wanted to think of rail transport.…

    • 998 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    mkt 431

    • 2223 Words
    • 9 Pages

    Schindehutte, M., Morris, M. H., & Pitt, L. F. (2008). Rethinking marketing: The entrepreneurial imperative. Upper Saddle River, NJ: Prentice Hall.…

    • 2223 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Life Cycle Management

    • 871 Words
    • 4 Pages

    Solomon, M. R., Marshall, G. W., & Stuart, E. W. (2008). Marketing: Real people, real choices…

    • 871 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    survive in this new era. The old cliché, that the only constant in business is change, is…

    • 1701 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Patrick L. Burkhart and Suzanne Reuss (1993). Successful Strategic Planning: A Guide for Nonprofit Agencies and Organizations. Newbury Park: Sage Publications.…

    • 5261 Words
    • 22 Pages
    Powerful Essays
  • Powerful Essays

    The ability to innovate is critical to marketplace success. To prosper in today’s changing world, organizations must constantly introduce new products and services in response to changing customer needs. Companies need to view change as normal and healthy. They should see the task in society and in the economy as “doing something different rather than doing better what is already been done” (Drucker 26).…

    • 2172 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Reflective Statement

    • 674 Words
    • 3 Pages

    My perception about marketing has drastically changed due to the fact that I have spent more time researching on the internet, textbooks, journals and newspapers and this has exposed me to a wide variety of information that I consider important for the purpose of my study.…

    • 674 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Module

    • 4476 Words
    • 18 Pages

    Marketing impact our daily life consciously and subconsciously. Its perceived benefits and threats to modern society, businesses, and individuals are widely recognised by the public. Despite these perceptions are not always…

    • 4476 Words
    • 18 Pages
    Powerful Essays

Related Topics