PRINCIPLES OF MARKETING >C<
PRINCIPLES OF MARKETING >C<
17th Edition
ISBN: 9781323555651
Author: Kotler
Publisher: PEARSON C
Question
Book Icon
Chapter 20, Problem 20.12AC
Summary Introduction

Case summary:

Many companies including Company N in the year 1970s faced many criticism on their marketing of child formula to underdeveloped countries families. Their marketing was initiating a superior product than the breast feeding. But researches says that breast feeding makes the infants healthier than others. The 3rd world women was on child formula for feeding the infants but it becomes watering to save the money and even with contaminated water.

This leads to more health problems for the kids and even it causes death.

Company N made various tactics to sell their products. In the year 2012, April Company N acquired Company P and became the biggest player in the market of infant formla.it fetches more than eighty five percentage of revenue from the market. A committee was formed to addresses such kind of issues in the year 1984 and it is active still today.

Characters in given case:

  • Company N

To discuss: Whether it is wrong for the marketers to make or create the wants to make profits.

Blurred answer
Students have asked these similar questions
Atlantic Richfield (ARCO) is an integrated oil company that sells gasoline to consumers both directly through its own stations and indirectly through ARCO-brand dealers. USA is an independent retail marketer of gasoline that buys gasoline from major petroleum companies for resale under its own brand name. USA competes directly with ARCO dealers at the retail level. Its outlets typically are low-overhead, high-volume “discount” stations that charge less than stations selling equivalent quality gasoline under major brand names. ARCO adopted a new marketing strategy in order to compete more effectively with independents such as USA. ARCO encouraged its dealers to match the retail gasoline prices offered by independents in various ways. These included making available to its dealers and distributors short-term discounts and reducing its dealers’ costs by, for example, eliminating credit card sales. ARCO’s strategy increased its sales and market share. When USA’s sales dropped, it sued…
Products must be adapted to accommodate national differences arising from customer preferences and each market’s economic conditions, climate, culture, and language. Think about the following products: packaged flour, swimsuits, textbooks, and automobiles. Describe how a firm would need to adapt the marketing for each of these products to suit conditions in China, Germany, and Saudi Arabia. In particular, think about the nature of the product, its pricing and distribution, and the marketing communications associated with it. China is an emerging market with low per-capita income, Saudi Arabia is an emerging market with a conservative culture rooted in Islam, and Germany is an advanced economy with a liberal culture.
In 2019, Prayuth Sinamoang, founder of Prayuth's Confectionaries (established in Sukhumvit, Bangkok in 2008), had created a strong cake product: Juicy Cakes.PRAYUTH'S PRAYUTH'S CONFECTIONARIES The Bakery industry in Thailand was highly fragmented, largely unorganized, and diverse. Prayuth's Confectionaries had piggybacked on the leading fast-moving consumer goods (FMCG) product distributors who promoted the cake to places of influence. Packaging Juicy Cakes had special packaging that increased the shelf life to 90 days, almost double that of their competitors. PRAYUTH'S CONFECTIONARIES The Early Years of Struggle An intense passion for cakes had always motivated Sinamoang and his wife, Bupha. However, Prayuth's Confectionaries did not make cakes that used fresh cream (18-25 per cent butterfat) or buttercream. Prayuth's Confectionaries' competitors in the ice cream cake market were brands such as Baskin Robbins8 and Cold Stone Creamery. The promoters had invested THB20 million, and the…
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Principles Of Marketing
Marketing
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Pearson Higher Education,
Text book image
Marketing
Marketing
ISBN:9781259924040
Author:Roger A. Kerin, Steven W. Hartley
Publisher:McGraw-Hill Education
Text book image
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
Marketing: An Introduction (13th Edition)
Marketing
ISBN:9780134149530
Author:Gary Armstrong, Philip Kotler
Publisher:PEARSON
Text book image
MKTG 12:STUDENT ED.-TEXT
Marketing
ISBN:9781337407595
Author:Lamb
Publisher:Cengage
Text book image
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning