Modern Marketing
Short Definition
The discipline of marketing that emerged in the 1960s, formalized by Philip Kotler, focusing on systematic methods for analyzing markets, defining products, and promoting them to target audiences.
Context
Extended Definition
Modern Marketing systematized the discipline of marketing as both science and management. It introduced analytical tools, models, and measurable objectives that allowed organizations to align their offerings with market needs through research, segmentation, and positioning.
At its core, Modern Marketing emphasized:
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Product orientation – developing features and benefits to satisfy consumer needs.
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Promotional effectiveness – leveraging advertising and media to create demand and build brand awareness.
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Standardization and scalability – optimizing marketing processes for efficiency and mass communication.
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Customer satisfaction – positioning the consumer as the focal point of corporate strategy.
While this framework revolutionized 20th-century business, it also reflected the values of industrial and mass-market economies—linear production models, one-way communication, and a focus on short-term consumption.
As global markets became digital, interconnected, and socially aware, the limits of Modern Marketing began to surface: the approach, while powerful, often prioritized selling products over building relationships and visibility over authenticity.
Today, this legacy provides the foundation for a broader and more integrated model—Contemporary Marketing Management—which redefines marketing not as persuasion but as participation, not as visibility but as meaningful impact.
Contemporary Example
See also
Part of chapter: Glossary