Preview

Historical Development of Marketing

Satisfactory Essays
Open Document
Open Document
337 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Historical Development of Marketing
Perspectives and Historical Development
The ideas and interests central to macromarketing have been with us for Millennia. History of the Peloponnesian War (Thucydides, 1972 [431~424 B.C.]), the Magna Carta (Danziger and Gillingham, 2004), and The Travels (Marco Polo, 1958 [circa late 13th Century]) provide just three examples of works in which trade, markets, marketing and concerns for societal welfare were themes. Macromarketers regularly delve into such literature, because they find it intrinsically interesting, but also because they believe there are important lessons germane to modern marketing scholarship and practice.
Macromarketing practice moreover is perhaps as old as society itself. Societies emerged for the welfare of the group; the need for specialization and then exchanges of items produced by specialists surely was evident early-on. Greater specialization and support for it begat trade. Eventually markets—which linked many systems in any given society, from production to consumption—were an efficient mechanism to sustain a society, which, fundamentally is a series of institutions and systems agreed upon by the members of the group. One would reasonably presume the ancient markets—imagine the agora in Athens or a bazaar in the Fertile Crescent of Mesopotamia—necessitated systemic organization and coordination, bringing people together in ways to facilitate exchanges and, on balance, improving society (see also Lane, 1991; and McMillan, 2002, p. 4, who hints the oldest discovered artifact of written language may be a marketing transaction, scratched in baked clay, circa 3000 B.C.).
Within the modern marketing literature, macromarketing orientations were evident early in the 20th century. Sheth and Gardner (1982) suggest “the first school of marketing thought (was) macromarketing,” a focus on problems and potential of marketing activities from a more societal perspective, rather than from the firm’s perspective (p. 53).[2] More explicit glimpses of

You May Also Find These Documents Helpful

  • Good Essays

    Adms 2200 Mid-Term Exam Prep

    • 6022 Words
    • 25 Pages

    Four eras in the history of marketing: Production (prior to 1920s) – a product will sell itself Sales (prior to 1950s) – creative promotion will overcome consumers resistance and convince them to buy Marketing (Since 1950s) – The consumer rules! Find a need and fill it. Relationship (Since 1990s) – Focuses on building long-term, value-added relationships overtime with customers and suppliers. Marketing Myopia – the failure to recognize the scope of a company’s business. To avoid marketing myopia a firm must find innovative ways to reach new markets with existing goods and services. The five categories of non-traditional marketing are: Person – promotes a person Place – promotes a geographical area Cause – promotes a social issue, cause, or idea Event – promotes an event Organization – promotes an organization (not business) that seeks to influence others to accept their goals. (United Way, Red Cross, Amnesty International)…

    • 6022 Words
    • 25 Pages
    Good Essays
  • Better Essays

    Armstrong, G., & Kotler, P. (2011). Marketing: An introduction (10th ed.). Upper Saddle River, NJ: Prentice Hall. Retrieved From: https://ecampus.phoenix.edu/content/eBookLibrary2/content/DownloadList.aspx?assetMetaId=fd2c6dab-ac8a-4084-93cf-8072542432b2&assetDataId=10ce2e03-bd10-4d1d-98f1-a251e2b8bf1a…

    • 1178 Words
    • 5 Pages
    Better 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
  • Powerful Essays

    Introduction to Marketing [MKTG 2201Custom Edition]. Note that purchasing the paper edition also gives you an access code to the online edition. The custom text is a combination of Marketing: Real People, Real Choices, 7th Ed. By Solomon, Marshall and Stuart and Marketing, An Introduction,11th Ed. by Armstrong and Kotler. ISBN 10: 1-256-76448-5…

    • 2153 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Foundamentals of Marketing

    • 1150 Words
    • 5 Pages

    Explain why individual brands may not follow the product life-cycle pattern. Give an example of a new brand that is not entering the life cycle at the market introduction stage.…

    • 1150 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Directed Study4

    • 1738 Words
    • 7 Pages

    Distinguish between the micro and macro views of marketing. Then explain how they are interrelated, if they are.…

    • 1738 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Gamble, Gilmore, McCartan-Quinn, Durkan (2011), The Marketing Concepts in the 21st Century: A Review of How Marketing Has Been defined Since the 1960’s, The Marketing Review, Vol. 11, no. 3…

    • 1523 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    Uncle Tobys

    • 4971 Words
    • 20 Pages

    Layton (2007, p.230) states ‘Marketing systems is a network of individuals, groups, and/or entities linked directly or indirectly, through sequential or shared participation in economic exchange but creates, assembles, transforms, and makes available assortments of products, both tangible and intangible, provided in response to customer demand’. The main point of Layton’s article in 2007 is that the concept of marketing systems is considered as the main point in thinking about macromarketing. In other words, marketing systems can be found by the diversity of contexts. The writer provides a broad understanding about marketing systems by making a list of samples of the marketing system concept of other authors which help readers to understand in depth. In addition, the author states that…

    • 4971 Words
    • 20 Pages
    Better Essays
  • Good Essays

    Lecture on histories of marketing lecture 4, first year undergraduate course 2011-12, Lancaster university, School of Management, (Annmarie Ryan…

    • 1455 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    It is my contention that industrial production has changed the role and nature of markets in history, placing it in the centre of society and economy. It is true that industrial capitalism presupposes the existence of a market system. However, the market system was never the dominant system of social control until the development of isolated markets by mercantilist means, and subsequently the transnational interaction and proliferation of markets into a…

    • 2031 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Before proving my points regarding the importance of ancient trade, I would like to make some definitions clear. Trade essentially means the exchange of one good or service for another. In this respect the Greek ritual of xenia might be considered as trade because it involves exchange of gifts between host and guest. Trade also has many faces – it could be international, regional or local – and each one has its own unique role. However, in this essay I will be specifically referring to market trade as means to bring nations together.…

    • 2388 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Marketing Question Bank

    • 16861 Words
    • 68 Pages

    18. The micro view of marketing sees it as the performance of activities that seek to accomplish an organization 's…

    • 16861 Words
    • 68 Pages
    Satisfactory Essays
  • Best Essays

    Markets have always existed. As far back as written records are found, there is evidence that people traded with each other for the things that they needed. This is the pattern that would continue from the beginning of civilization through the end of the feudal system to the beginning of the Industrial Revolution. In order for industry to flourish, it was necessary for the state to step in and create the parameters needed for its survival. This is what economic historian Karl Polanyi, in his 1944 book The Great Transformation, called the beginning of the “self-regulating market.” Polanyi is not a proponent of this economic theory. He believed that self-regulating markets promote inequality and have a dehumanizing effect on society. He believed that, as a result of the Industrial Revolution, 19th century society decided to base itself on a motive that was never considered as valid in the history of human societies, i.e. gain and self-interest.…

    • 2762 Words
    • 12 Pages
    Best Essays
  • Better Essays

    Cited: Kerin, Roger A., Steven William. Hartley, and William Rudelius. Marketing: The Core. Boston, MA: McGraw-Hill/Irwin, 2004. Print.…

    • 1739 Words
    • 6 Pages
    Better Essays
  • Best Essays

    Today’s marketing is very different from yesterday marketing. This paper will discuss how marketing has change through the years. Who are the marketers of today really targeting and are there method ethical, what marketers’ responsibility to society are and what parents are doing to feed this frenzy.…

    • 2009 Words
    • 9 Pages
    Best Essays