Professional Documents
Culture Documents
MARKETING
TOBE NNADOZIE
AUGUST 2009
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TABLE OF CONTENT
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INTRODUCTION
Consumerism is one of the new generation buzz words in marketing and sales
which has become more popular at the turn of the century. Sales and the
associated targets have become a pain rather than a joy to many people today.
To ensure that organizations meet up with the increasing demand to present
profitable dividends to shareholders or direct profits to stakeholders, many
marketing adverts today highlight the need for consumers to buy for fashion
rather than for need.
In Nigeria, it is not abnormal to see compounds with several state of the art
cars which do not serve any profitable purpose to the owners. Many people
believe in buying or owning those cars to create happiness within. People today
are also never satisfied with their complexion, they must purchase this cream
or that to enhance their complexion and it is not a matter of how good they
look but how many creams they possess. This crave for materialism has
permeated the society.
The question is who do you blame for this rot in needs satisfaction? Do you
blame the consumer? Do you place the blame at the foot of the sales people or
do you blame the marketers? This paper looks at how marketing has created
the new craze called consumerism and how it is a shame to today’s advertising
and marketing world that needs are not satisfied to create happiness, but
rather the quantity of what you possess determines happiness.
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DEFINITIONS
DEFINITION OF CONSUMERISM
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consumers should dictate the economic structure of a society (cf. Producerism,
especially in the British sense of the term). It makes people not rely on common
sense to select quality but rather they stick to quantity of frequency of
purchase.
In relation to producerism, it is the belief that the free choice of consumers should
dictate the economic structure of a society, rather than the interests of producers.
It can also refer to economic policies that place an emphasis on consumption.
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DEFINITION OF MARKETING
Marketing is defined by the American Marketing Association as the activity, set
of institutions, and processes for creating, communicating, delivering, and
exchanging offerings that have value for customers, clients, partners, and
society at large. The term developed from the original meaning which referred
literally to going to market, as in shopping, or going to a market to buy or sell
goods or services.
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product) has sufficient weight will gradually increase the rate at which they
purchase the product.
It's still good to keep in mind that since consumerism began, various
individuals and groups have consciously sought an alternative lifestyle, such
as the "simple living", "eco-conscious", and "localvore"/"buy local" movements.
Consumerism, the promotion of consumer rights and protection. Subject to the
doctrine of caveat emptor (Latin, "let the buyer beware"). The older term and
concept of "conspicuous consumption" originated at the turn of the 20th
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century in the writings of sociologist and economist, Thorstein Veblen. The
term describes an apparently irrational and confounding form of economic
behaviour. Veblen's scathing proposal that this unnecessary consumption is a
form of status display is made in darkly humorous observations like the
following:
"It is true of dress in even a higher degree than of most other items of
consumption, that people will undergo a very considerable degree of privation in
the comforts or the necessaries of life in order to afford what is considered a
decent amount of wasteful consumption; so that it is by no means an uncommon
occurrence, in an inclement climate, for people to go ill clad in order to appear
well dressed." (The Theory of the Leisure Class, 1899).
The term "conspicuous consumption" spread to describe consumerism in the
United States in the 1960s, but was soon linked to debates about media
theory, culture jamming, and its corollary productivism. By 1920 most people
[Americans] had experimented with occasional installment buying. While
consumerism is not a new phenomenon, it has become widespread over the
course of the 20th century, and particularly in recent decades.
Critics of consumerism often point out that consumerist societies are more
prone to damage the environment, contribute to global warming and use up
resources at a higher rate than other societies. In 1955, economist Victor
Lebow stated (as quoted by Rees, 2009):
"Our enormously productive economy demands that we make
consumption our way of life, that we convert the buying and use of
goods into rituals, that we seek our spiritual satisfaction and our
ego satisfaction in consumption. We need things consumed, burned
up, worn out, replaced and discarded at an ever-increasing rate".
Businesses have realized that wealthy consumers are the most attractive
targets for marketing their products. The upper class' tastes, lifestyles, and
preferences trickle down to become the standard which all consumers seek to
emulate. The not so wealthy consumers can “purchase something new that will
speak of their place in the tradition of affluence”. A consumer can have the
instant gratification of purchasing an expensive item that will help improve
their social status.
Looking through the concept and social behavior attached to consumerism, the
question we need to ask ourselves is what impact does marketing make on
consumerism? Is there a positive or negative impact of consumerism on society
and the environment at last?
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lowest-wage, environmentally unregulated overseas manufacturer that mobile
capital, ever seeking the highest return, can find
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CONCLUSION
These materialistic cravings were limited to the arts in the past but have
become the pastime of many today. The urge comes as a result of marketing.
This form of marketing that has resulted into people not buying things as
needed but to satisfy an urge is a bane of modern day adverts and should be
corrected.
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REFERENCES
Online Free Dictionary on the Web
Webster Dictionary on the Web
Consumerism". Britannica Concise Encyclopedia Online. 2008.
Michael Shuman, "The Small-mart Revolution" (San Francisco: Berrett-Koehler
Publishers, 2007)
Calder, Lendol Glen (1999). Financing the American Dream: A Cultural History
of Consumer Credit. Princeton, NJ: Princeton University Press. p. 222. ISBN
069105827X.
Global Climate Change and Energy CO2 Production—An International
Perspective
Stearns, Peter. Consumerism in World History. Routledge
Levine, Madeline. “Challenging the Culture of Affluence.” Independent School.
67.1 (2007): 28-36.
Miller, Eric. Attracting the Affluent. Naperville, Illinois: Financial Sourcebooks,
1991.
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