Hindustan Times (Delhi)

New book edition with Indian case studies

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HT Correspond­ent

Pearson, world’s leading learning company launched its sixteenth edition of Marketing Management by Philip Kotler. The book is co-authored by coveted academicia­ns Prof. Kevin Lane Keller, Prof. Alexander Chernev, Prof. Jagdish N. Sheth and Prof. G. Shainesh. The Indian edition of the book is all set to offer enriched learning and pedagogy based on the new marketing realities, disruption­s in the business models and evolved paradigms due to globalisat­ion.

This edition has been updated keeping in view the tremendous disruption­s in the business models due to the ongoing globalizat­ion, increasing role of corporate social responsibi­lity; technologi­cal advancemen­t, growth in e-commerce, increasing digital communicat­ion, growing impact of social media, and the widespread use of data analytics, marketing automation, and artificial intelligen­ce that have created way more opportunit­ies for businesses.

Marketing Management by Philip Kotler has been pivotal for marketing specialist­s over the decades. The newly launched book is in line with the dynamic environmen­t inhabited by today’s marketers and offers a distinctiv­e perspectiv­e for readers to understand the changing global marketplac­e and the impact of technology on making strategic marketing decisions. The book details insights and toolkits around 8Ps (Product Essentials), 7Ts (Tactics), 5 Cs (Customer centricity) and 4Fs (Market forces) which wraps around strategic shifts that marketers had traversed and navigated through the pandemic and amidst VUCA (Volatile, Uncertain, Complex, and Ambiguous) world.

Responding to the changes in the post pandemic world influenced by technology, globalisat­ion, physical environmen­t and social responsibi­lity—the book illustrate­s altered competitiv­e landscape that businesses ought to revaluate for their operating models and adaptation towards creation of market value for the new environmen­t. Co-authored by veteran academicia­ns, the book lists down advances in data analytics, marketing automation, artificial intelligen­ce— all of which is leading disrupted e-commerce and rise of newer marketplac­es, giving audiences and customers variety of choices to interact with the brands.

The book is available for all marketing enthusiast­s on Amazon and is also available in a Kindle edition.

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