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• The study of the history of marketing, as a discipline, is meaningful because it helps to define the baselines upon which change can be recognised and understand how the discipline evolves in response to those changes. The practice of marketing has been known for millennia, but the term "marketing" used to describe commercial activities buying and selling a products or services came into popular use in the late nineteenth century. The study of the history of marketing as an academic field emerged in the early twentieth century. Marketers tend to distinguish between the history of marketing practice and the history of marketing thought: 1. the history of marketing practice refers to an investigation into the ways that marketing has been practiced; and how those practices have evolved over time as they respond to changing socio-economic conditions 2. the history of marketing thought refers to an examination of the ways that marketing has been studied and taught Etymology • According to etymologists, the term 'marketing' first appeared in dictionaries in the sixteenth century where it referred to the process of buying and selling at a market. • The contemporary definition of 'marketing' as a process of moving goods from producer to consumer with an emphasis on sales and advertising first appeared in dictionaries in 1897. • The term, marketing, is a derivation of the Latin word, mercatus meaning market-place or merchant Orientations and philosophies • In the marketing literature, continuing debate surrounds the orientations or philosophies that might have informed marketing practice at different periods of time. • An orientation may be defined as "the type of activity or subject that an organization seems most interested in and gives most attention to". • In relation to marketing orientations, the term has been defined as a "philosophy of business management" Production orientation The production orientation is one of the oldest philosophies that guides sellers • A production orientation is often proposed as the first of the so-called orientations that dominated business thought. Keith dated the production era from the 1860s to the 1930s, but other theorists argue that evidence of the production orientation can still be found in some companies or industries.
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