| The Consumer Goods Marketing in the 21st Century |
| BriefLetter - Issue 04/2004 |
The theory has fallen behind, because it gave too little space to creativity, because it didn’t trust the strength of new visions, because it banished courage and risk from action and pushed back entrepreneurial action in favor of managerial planning. The inexplicable was not permitted, sure instinct banished. The language of marketing degenerated to a smorgasbord of the incomprehensible. Even the Anglo-Saxon was at times being twisted beyond recognition. It is only understandable, that under such circumstances marketing, once the art of bringing products to success, degenerated into a not fully functioning blunt instrument. Empty, in regards to content, parched, withered, atrophied, this is how marketing presents itself today. It needs to be formally annotated, that there are businesses who have recognized this crisis in marketing and they are conceptually as well as organizationally looking at the new challenges. Larger businesses seem to act more consequently in this regard. Of course, marketing has, due to the migration of the products of many branches from the First into the Second or Third World and the corresponding division and partial destruction of the chain of economic value added, gotten into angry waters. The future of prosperity in the First World and therefore the possibility to be a sponsor for this development in the Second and Third World is endangered, if the production of consumer goods is concentrated on low-wage countries. Unemployment in the First World and the further exploitation of people in low-wage countries would be a consequence. To the latter I would like to mention, that employers are moving on ruthlessly, if wages and dues rise. The factor cost and along with the pricing as well as the whole structure of conditions and calculations havehaven become of to market shaping importance. For luxury products the markup from the manufacturer price to the end user price accounts for between 500 to 1000%. Socks which are being sold ex factory for 20 Euro cent, cost 3 to 4 Euro in Europe. However, there are cases to the contrary. Coffee is being bought from farmers in developing countries for such low prices, which hardly give them enough to live, just so get to prices for consumers, where even retail in those end user countries can make a dime. The word globalization and the notion that globalization can only be solved through size, bewitched many. Just as the illusion that one could offhand and in the most unfavorable case with a lot of money turn a name into a brand. Some brand parvenus seemed to be able to accomplish the impossible. The crisis of the consumer goods marketing is not an unsolvable misery, to the contrary, we should see it as a chance for a new beginning, which should be done right at this point, where the whole world is renewing its economy.
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Specialized in consumer goods related industries, trade and investments.
Independent and personal.
Creative and innovative strategies through intellectual approach: For excellent business results.
Brand equity enforcement and performance, corporate and product brand strategies.
Proven Business Tools:
The Waisted Rectangle©,
the new perception of the consumer market for demand and supply
The 7-Elements-Definition©
of a brand
The ”Enlightened” Consumer©
as target group
The BrandEquity + Performance Program©
The Holistic Corporate Communication Concept©
Special consultancy subjects:
Creating strategic alliances
brand diffusion
joint ventures
mergers & acqusitions
Editor: Dipl. Soz. Maximiliana Schürrle
Assistant Editor: Regina Seago
SchmidPreissler International Strategy Consultants GmbH
The Lion's House
Burgstallerstr. 6
D 83703 Gmund am Tegernsee