Marketing Principle: Trading and Exchange2 Marketing Principle: Trading and Exchange Introduction The Heineken Nv Company is involved in the manufacturing and distribution of alcoholic as well as non-alcoholic beverages. It is an international company that operates in various countries in Africa, Eastern Europe, Asia Pacific, Americas and the Middle East. The company was founded in 15th of February 1864 by Gerard Adriaan Heineken. The headquarters of this company is located in Amsterdam city of Netherlands. The company is among the major global beverage processing companies with the main competitors being the Coca-Cola and Pepsi brands. The Heineken Company offers several beverages such as Desperados, Ochota, Strongbow, Dos Equis, Newcastle Brown Ale and Primus among many other brands. This company engages in marketing activities and last year around the month of April the company produced an advert that raised some political concerns and it got a positive reception from the consumers. Heineken: World's Apart Heineken: World's Apart is among the iconic advertisements that were produced in 2017. "World's Apart" by Heineken is a political advert that received a positive reception from their target customers, unlike the Pepsi advert that portrayed the resistance movements and Black Lives Matter in America. "World's Apart" advert features 3 pairs of strangers meeting for the first time and they have no idea they had opposing views. The issues they pairs don't agree are feminism, climate change and transgender issue respectively. The three pairs were given tasks to work on together and participate in a Q & A session. This advert concentrated on elaborating the divisions in the various countries across the world and illustrate that these divisions can be
Marketing Principle: Trading and Exchange3 eliminated if people understand each other. This advert received a good public reception and this can be seen according to the positive twitter feedbacks posted. In class, we learnt a lot about marketing and I think this advert is closely related to week 6 lectures on digital marketing and social networking. Digital marketing and social networking is an important marketing tool that has a positive impact if used well by any business firm (Armstrong et al, 2015). The company used the various advertising concepts to come up with an outstanding political oriented advert. Comparison and Recommendations The Heineken Company did good digital marketing and social networking in producing this advert to promote their brand. They used the digital marketing platform and created an advert that combined political issues prevailing in many countries all over the world (Chaffey, 2016). The video advert was shared on various social media networks such as YouTube and Twitter which have very many followers across the world. Heineken is an international company operating in very many regions and the digital marketing approach was the most appropriate for accessing their target customers. In marketing, companies have to trigger certain needs in their customers and the company looked around and identified political issues that will raise interest among the public (East et al, 2016). Feminism, climate change and transgender issues are key issues causing division among people and using them in their advert triggered the public concerns. This tactic really helped the company to get positive feedback in social media network hence promoting their public image. The company did a good marketing and advertisement research and I think they hit the nail at the head in this advert. Unlike Pepsi, who tried to do a political advert that received negative public reception and the advert had to be pulled down after a short time, the Heineken
Marketing Principle: Trading and Exchange4 advert applied the innovative marketing principles we learnt in class. The company applied the marketing principles that enabled them to come up with an advert that will distinguish them from their competitors. I think there are no key differences in the marketing strategies the company used and what we learnt in class about marketing and advertisement. The text was not different with what the company did since the theory encouraged the use of creativity and innovation to influence the purchasing behavior and this advert really achieved this (Levy & Gvili, 2015). Some people even commented in social media that they were going to consume Heineken products just after watching the advert. The company was trying to achieve good public image and advertise their brands using the political issues affecting the majority of their customer in a positive way (Riaz, 2015). The company was trying to bridge the divisions among people and implying that sharing a bottle of Heineken is the beginning of eliminating these divisions. The company actions were very effective and the advert has been considered to be among the iconic adverts in 2017. The theories outlined in our marketing lectures and textbook really brought positive results to the company. The advert caused the sales of the company to shoot up and this ensured the company met their target profit range. The company really utilized digital marketing and social networks very well as we learnt in our marketing lectures. This enabled the company to have an interactive involvement with their target customers in the social media platforms (Tiago & Veríssimo, 2014). This had a positive impact on the customers since they understood the brand and therefore they would like to be associated with it since it showed it was concerned about the political issues affecting the customers.
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Marketing Principle: Trading and Exchange5 Conclusion The business environment is dynamic both locally and internationally and therefore business organizations should be equipped with the most appropriate marketing tools at any given moment. Digital marketing and social networking is an important marketing tool that has a positive impact if used well by any business firm. Triggering the consumers' emotions is one way of influencing their purchasing decisions and Heineken used a creative way to advertise their bran using issues that their customers can relate to. "World's Apart" by Heineken is a political advert that received a positive reception from their target customers, unlike the Pepsi advert that portrayed the resistance movements and Black Lives Matter in America. Social networking is a marketing tool that is become critical in advertisements since most of the target customer population is using this platform. Therefore, a company that utilizes this platform effectively has the chance of ensuring that their business firm prospers.
Marketing Principle: Trading and Exchange6 Bibliography Armstrong, G., Kotler, P., Harker, M., & Brennan, R. (2015). Marketing: an introduction. Pearson Education. Chaffey, D. (2016). Global social media research summary 2016. Smart Insights: Social Media Marketing. East, R., Singh, J., Wright, M., & Vanhuele, M. (2016). Consumer behaviour: Applications in marketing. Sage. Indounas, K. (2016, July). Pricing new business-to-business products in a recession period. In 2016 Global Marketing Conference at Hong Kong (pp. 1353-1358). Kotler, P. (2015). Framework for marketing management. Pearson Education India. Levy, S., & Gvili, Y. (2015). How Credible is E-Word of Mouth Across Digital-Marketing Channels?: The Roles of Social Capital, Information Richness, and Interactivity. Journal of Advertising Research, 55(1), 95-109. Riaz, H. A. (2015). Impact of Brand Image on Consumer Buying Behavior in Clothing Sector: A Comparative Study between Males and Females of Central Punjab (Lahore) and Southern Punjab (Multan). Kuwait Chapter of the Arabian Journal of Business and Management Review, 4(9), 24. Tiago, M. T. P. M. B., & Veríssimo, J. M. C. (2014). Digital marketing and social media: Why Bother?. Business Horizons, 57(6), 703-708.