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SOCIETAL MARKETING
Meaning of societal marketing -:
The societal marketing concept calls upon marketers to build social and ethical consideration into their marketing practices.It creates company profits ,consumer want satisfaction and public interest.
CONSIDERATIONS IN SOCIETAL MARKETING-:
The societal marketing a company should make good marketing decisions by considering consumers’ wants,the company’s requirements,and society’s long-term interests.
The company should balance three considerations in setting their marketing strategies:-
society’s interest
Consumers want and company profits
satisfaction (Three Considerations in societal
marketing)
Concepts of societal marketing Human Concepts :- Intelligent Consumption Concept :- Ecological Imperative :- Cause-Related Marketing :- Balance of interest :-
Examples of two companies :- Coca-Cola :
Nike : “Just do it” :-
THANK YOU