Lecture on Marketing and Harmonia

Jul 18, 2024

Lecture on Marketing and Harmonia

Introduction

  • The world has 6 billion people with access to mobile phones but only 4.5 billion with access to toilets.
  • Indicates a high number of telecommunications companies, phone makers, and marketers with successful campaigns.
  • Misconception of marketers as manipulators; reality is that everyone engages in marketing.

Marketing Overview

  • Marketing is widespread and not limited to professional marketers.
  • Everyday activities involve marketing:
    • Posting selfies online
    • Choosing makeup
    • Deciding on dinners
  • Nature example: Male peacock and a female bear.
  • Importance of product packaging and brand positioning.

The Ethical Aspect of Marketing

  • Reference to Philip Kotler's definition of marketing.
  • Problems with current business ethics:
    • Overemphasis on growth and ignoring finite resources.
    • Negative externalities and societal inequalities.

Issues with Globalization

  • Abuse of globalization resulting in toxic cocktail with marketing, capitalism, and consumerism.
  • Example: Mass production outsourcing.

The Need for Harmonia

  • Ancient Greeks understood contradictions and emphasized Harmony (Armonia).
  • Modern society needs to reconcile contradictions in business and life.

Application of Harmonia Today

  • Need to merge contradictions:
    • Humility and ambition
    • Art and Science
    • Short-term and long-term
    • Ethics and profits
    • Finance and ESG
    • Local and global
    • Human and Tech
  • Importance of considering products that are harmonic by design.

Heroes and Superpowers

  • Ancient heroes with superpowers as inspirations for today's marketers.
  • Need for marketers to accept ambiguity and ambivalence.
  • Financially successful, sustainable, and ethical products.

Vision for the Future

  • Dream of a world where:
    • Marketers inspire harmonious products.
    • Marketing leads to value creation.
    • Marketing reconciles contradictions for the good of companies, customers, and the planet.
  • Examples: Recycled materials in shoes, circular economy for tech devices, and cruelty-free luxury products.