
CIM Lecture 2 - Transformative Marketing Strategies
Presentation
•
Business
•
University
•
Easy
Inci Toral
Used 1+ times
FREE Resource
45 Slides • 4 Questions
1
2
Resources
•Kalaignanam, K., Tuli, K.R., Kushwaha, T., Lee, L., & Gal, D. (2021). Marketing agility: the concept, antecedents, and a research agenda. Journal of Marketing, 85(1), 35-58.
•Kumar, V., Kotler, P., & Kumar, A. (2025). Transformative marketing strategies in the era of new-age technologies: Principles, plan, purpose, and practice. Journal of the Academy of Marketing Science, 1-27.
•Hughes, N., & Chandy, R. (2021). Commentary: Trajectories and twists: perspectives on marketing agility from emerging markets. Journal of Marketing, 85(1), 59-63.
•Levitt, T. (1960). Marketing Myopia. Harvard Business Review.
•Dam, R. F., & Siang, T. Y. (2021). What is design thinking and why is it so popular? Interaction Design Foundation.
Weick, K. (1978, 1993). Sensemaking in organizations.
3
4
5
6
7
8
9
10
12
13
14
15
Over to you: Review Questions
Traditional marketing strategy elements (like the 4Ps) are being transformed by New-Age Technologies (NATs) such as Generative AI (GAI), Blockchain, and the Metaverse.Traditional marketing strategy elements (like the 4Ps) are being transformed by New-Age Technologies (NATs) such as Generative AI (GAI), Blockchain, and the Metaverse.
1. Select one traditional marketing mix element: Pricing OR Product.
2.Identify the Traditional Approach to that element.
3. Identify the Modern Approach to that element and explain how one specific NAT (GAI, Agentic AI, or Metaverse) enables that shift.
16
Modern Approach
Traditional Approach
| |
|---|---|
| |
| |
| |
| |
| |
| |
| |
| |
| |
17
Model Answer
This application of NATs is core to Transformative Marketing Strategies (TMS), which integrate technology into the design and evolution of marketing strategies for personalization and immersion
18
19
20
21
22
23
24
25
Open Ended
Professor Theodore Levitt argued that many firms suffer from Marketing Myopia because their vision is too constricted by a narrow understanding of what business they are actually in.
Identify two symptoms of myopia that managers often display (i.e., things managers are "bad at" focusing on).
26
Open Ended
If a traditional book retailer defines its business narrowly (e.g., "selling physical books"), how should they redefine their business to avoid myopia, drawing inspiration from the evolution of marketing theory (e.g., relationship marketing, technology)?
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
Case Question
Marketing Agility (MA) requires a firm to rapidly iterate between sensemaking and executing marketing decisions.
Sensemaking is the process of reducing confusion built out of vague questions and muddy answers following an unexpected or ambiguous event.
Imagine your company, a global fashion brand, faces an unexpected, immediate public backlash online due to an ambiguously worded promotional campaign (the "unexpected or ambiguous event").
42
Open Ended
Using the concept of Marketing Agility, describe the Sensemaking process the team must immediately undertake.
43
Open Ended
Explain how Iteration and Speed will be applied to the subsequent Marketing Decisions to mitigate the crisis and maintain brand consistency, noting any associated execution challenges.
44
45
46
47
48
49
Attendance Code: 83003407
Show answer
Auto Play
Slide 1 / 49
SLIDE
Similar Resources on Wayground
43 questions
Digital Products 101
Presentation
•
University
42 questions
Interactive Tools: Wayground, Padlet, Edpuzzle
Presentation
•
University
41 questions
Learning Management System
Presentation
•
University
43 questions
Jordan CCLT Semester One Presentation
Presentation
•
12th Grade - University
41 questions
TIA_MICRO1 : Chapter 1/10
Presentation
•
KG - University
41 questions
Yetim-351-1
Presentation
•
University
43 questions
Marketing Principles - Revision
Presentation
•
12th Grade
44 questions
Consumer Learning SCCT2083
Presentation
•
University
Popular Resources on Wayground
24 questions
PBIS-HGMS Day 10
Quiz
•
6th - 8th Grade
10 questions
HCS SCI 03 Summer School Review 3
Quiz
•
3rd Grade
11 questions
Home Scope
Quiz
•
7th - 8th Grade
15 questions
HCS SCI 05 Summer School Assessment 3 Review
Quiz
•
5th Grade
35 questions
Lufkin Road Middle School Student Handbook & Policies Assessment
Quiz
•
7th Grade
18 questions
Geo 11.3 Area of Circles and Sectors
Quiz
•
9th - 11th Grade