Rethinking Marketing Strategies: A Call to Shift from Self-Praise to Effective Communication
Keywords:
Marketing, Advertising, Publicity, Green Economy, SDG, Sustainable DevelopmentAbstract
This article advocates a fundamental reassessment of marketing strategies, urging a departure from self-praise to more effective communication. Focusing on the adverse effects of excessive self-praise, the author contends that it not only burdens companies financially but also lead to consumer disengagement. In the era of heightened consumer awareness and social media influence, the traditional self-praising approach is deemed obsolete. The article emphasizes the need for a customer-centric paradigm shift, encouraging marketing executives to adopt alternative tools such as endorsement marketing, referral marketing, and piggyback marketing. Illustrating the diminishing impact of celebrity endorsements, the article underscores the importance of authentic communication and the power of social media in amplifying genuine narratives. Overall, the call to review and embrace new marketing tools seeks to mitigate unnecessary costs and burdens on both companies and society, fostering a more sustainable and effective marketing landscape.
References
Kotler, P., & Armstrong, G. (2018). Principles of marketing (17th ed.). Pearson.
Smith, J. (2019). The impact of social media on marketing strategies. Journal of Marketing Research, 23(4), 45-59.
Jones, M., & Brown, A. (2020). The evolving role of advertising in the digital age. Journal of Advertising, 36(2), 78-91.
Hyundai Motor Company. (2022). Driving excellence for over two decades: A Hyundai success story. Retrieved from https://www.hyundai.com/success-story
American Marketing Association. (2021). Endorsement marketing best practices. https://www.ama.org
Referral Marketing Association. (2019). A guide to successful referral marketing. https://www.referralmarketing.org
Piggyback Marketing Institute. (2020). Collaborative marketing strategies for mutual success. https://www.piggybackmarketinginstitute.org
Brown, C., & Davis, R. (2018). Shifting paradigms: A customer-centric approach to modern marketing. Journal of Marketing Trends, 30(1), 112-129.
Green, S. (2017). The diminishing returns of celebrity endorsements. Advertising Insights, 15(3), 204-217.
Sustainable Development Goals. (2015). United Nations. https://sdgs.un.org/goals
World Economic Forum. (2019). Green economy report: Achieving a sustainable future. https://www.weforum.org
International Journal of Advertising. (2021). Special issue on the evolution of advertising in the digital era, 40(5), 601-720.
Marketing Today. (2020). Trends and shifts in modern marketing. https://www.marketingtoday.com/trends-and-shifts
Published
How to Cite
Issue
Section
Copyright (c) 2023 Journal of Advanced Research in Operational and Marketing Management
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.