A Product Is A Product. Marketing Is Culture.
Three shifts are underway and impacting marketing. How will they affect you?
NEW THINKING
Three shifts are underway and impacting marketing. How will they affect you?
The best thing about marketing is also the biggest challenge facing marketers: the next big thing.
Are politics good for brands? Politics come in different flavors for brands. Contributing to community organizations and lobbying for business-friendly policies are relatively uncontroversial.
For a brand to succeed internationally, it usually needs to tailor its product and communications to local markets. If you browse the top ten programs on Netflix by country, you’ll see little overlap between the most popular content in the US and India, for example. Netflix excels at providing high-quality content and a great user experience, but the content it promotes varies by market.
Recent data show that US fertility rates are dropping. US women are giving birth “at record low rates,” according to the CDC. Demographers’ current concern is the “replacement rate.” Replacement rate is the total fertility rate at which women give birth to enough babies to sustain population levels – that is, replace a generation. Replacement rate assumes that death rates remain constant and net migration is zero.