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ASSIGNMENT COVER
ASSIGNMENT TITLE: Environmental analysis is the life blood of any successful media
marketing endeavour.
Discuss.
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A media marketing company must have many tools the company can use to
analyse a challenging situation.First there are factors that may affect the normal
operations of a media marketing firm , also known as the media marketing
environment .In order to deal with media marketing factors which include both the
task and general environment .The task environment as defined by Thompson
(1967) as “closest to the organization and includes the product ,supply , labour and
capital markets ,wherein direct transactions are conducted with customers
,suppliers ,employees ,financiers and competitors”, makes market environmental
analysis show the negative and positive factors and how they can be managed
accordingly .Thompson (1967) also defines the general environment as
“..institutions and communities where broad cultural , social ,political and
technological movements are at work ,that can in time come and have a marked
influence on the values and lifestyles of ordinary people ,as the world business”.
An organization ’s environment has macro and micro environments .The macro
environment has elements that are close to the day to day operations of the
organization which Thompson laid out in the definition of task environment ,these
include suppliers ,distributors ,customers ,competitors ,and ale the public for
example ,Bulawayo Metro ,its micro environment would include advertisers
,readers ,competitors(the herald, Harare metro and The Daily news),newspaper
vendors ,staff ,the bank and newsprint suppliers .Looking at the second ,macro
environment which has elements such as legal ,technological ,economical ,cultural,
social and cultural forces .
Environmental analysis makes you take note of suppliers that are available in the
market which means the different organizations and people who supply or provide
the organization with raw materials , supplies , parts and services to provide the
organization so as to supply to customers goods and media services to the customer
because if the supplier is not considered it may cause delays and dissatisfaction to
the customer thus causing media marketing problems
We can say that environmental analysis is the life blood because it helps in making
the organization take note of the intermediaries .Marketing intermediaries help the
media organization to promote , sell and distribute its products to the media
consumer , these include agents and distributors of media products.Intermediaries
and marketers of an organization should be partners not just simple channels for
the marketing intermediaries to optimize the importance of the total system, like
the suppliers ,the intermediaries form a vital component of the organizations value
system.According to Marson (1939),and Chandler (1962) , it is believed that the
market structures influenced the conduct of business organisations.
Again , the analysis of the organizations environment takes note of the publics ,the
groups that have a direct impact on the media marketing organization to achieve its
objectives.Churchman 1968 defines the environment of an organization as “ those
factors which not onlyare outside the system ‘s control but which determine in
part ,how the system perfoms”. From these are ,the general public which ensures
the image of the media marketing organization ,the media publics who make sure
and carry the views on news ,features and editorial opinion , the gorvenment which
must be considered at all times , ,the internal public which constitute of workers ,
volunteers ,managers and also the board of directors , the financial public which
ensures the organizations financial stability , the environmental and consumer
organizations which constitute the citizen-action publics .
One of the most challenging but vital elements of the environmental analysis is the
socio-cultural environment .It is the ever changing and diverse tastes in media
products and services , behavioral purchasing patterns and also the marketer and
consumers priority to be able to understand and prioritise these ever changing
trends .The socio-economic environment include the dermographic factors which
refer to the structure of the population in terms of age ,gender , size of families ,
wealth concentration and income distribution .these factors are the ones that
determine the strategies in the marketing mix .Some are the socio-cultural factors
which involve the attitude ,prevalent behavior and the shared beliefs in a society
.This also incorporates changes in taste and fashion.Another are the social
responsibility and ethis which form the culture ,ethical beliefs and how society
believe marketers should operateactually has an effect on how people pecieve on
the marketing initiatives.Also looking at the trend of health awareness these days
make the factor of changes in attitudes towards health a factor in social and
cultural environmental analysis a thing to consider because health and fitness have
become a cut across society.
The environmental analysis also looks at the ethical environment , meaning it looks
at the moral principles that define right and wrong behavior in marketing .These
are the ethical issues formalized in laws and guiding regulations to enable the
media organization to conform to the standards of society .Media marketers are
expected to obey these laws ,for example , most ethical decisions would be on the
product , price , promotion and distribution issues.
The last of the macro environmental analysis factors is the legal environment.This
factor changes with the political environment and the existing laws that will be
enforced at that particular time .The legal environmental analysis information
enables the organization to set basic rules on how to run the day to day businessin
a particular society.Some examples of the laws can be companies act , laws
regarding to media freedom and advertising and consumer protection act.
It is of essence that the environment around us has many factors that have impact
on the company’s performance .Environmental analysis helps to determine the
roles certain factors play in the media marketing business .This is called the
PESTLE analysis and it focuses on the external factors of the business .The
environmental analysis helps analyse and helps come up with the exact strategies
to employ in the different challenges that come up in the life of an organization.
REFERENCES
2. Clark , N. and Riddel E .1992.The sky barons ,The man who control the global
media .London .Methuen.