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Lateral Marketing: New Techniques for Finding Breakthrough Ideas by Philip Kotler,

Lateral Marketing: New Techniques for Finding Breakthrough Ideas by Philip Kotler,
Today’ s marketers face a difficult challenge: how to innovate in a hypercompetitive, super-segmented marketplace. In a consumer economy saturated with homogeneous products and inhabited by customers who are more and more immune to advertising messages, traditional vertical marketing– with its fundamentals of market segmentation and brand proliferation– is beginning to fail us. Now, renowned marketers Philip Kotler and Fernando Trias de Bes present a new system for developing breakthrough opportunities– lateral marketing. Lateral marketing complements traditional marketing by providing an alternative route to generating fresh new ideas. Whereas vertical marketing helps us find increasingly smaller subgroups for which a product might be developed, lateral marketing lets marketers develop an entirely new product that finds a much wider audience. Instead of offering just another diaper for newborns in a cutthroat market, for example, Pull Up diapers are designed for an older child. Kotler and Trias de Bes show numerous examples of how lateral marketing leads to products that succeed even in the face of hypercompetition and product homogeneity. These innovations include new products like Honey Nut Cheerios Milk ’ n Cereal bars, a quick alternative to actual cereal with milk, or Gillette’ s Venus, a razor with a wider head made just for women’ s curves. Lateral marketing also includes using old products in a new way, such as promoting Bayer aspirin as a heart attack preventative. The new marketing concepts that led to these products are the direct result of a different creative process than the endless vertical segmentation of yesterday. This book definesa framework and theory for lateral marketing and the development of breakthrough ideas that will succeed in a consumer market already over-saturated.



British Car Advertising of the 1960s
British Car Advertising of the 1960s
During the 1960s, the automobile finally secured its position as an indispensable component of daily life in Britain. Car ownership more than doubled from approximately one car for every 10 people in 1960 to one car for every 4.8 people by 1970. Advertisers, who once needed to promote the joys of motoring as well as the particular pleasures of the individual product, no longer needed to wonder whether the potential customer (let alone society at large) might be content with no car at all. It was during this time that the question changed from ?Do we need a car?? to ?What car shall we have?? This well-illustrated history explores the many types and trends of ads issued by both domestic car manufacturers and importers in three main sections: ?Family Marques: Engines of an Industry, ? ?Luxury and Sporting Marques: Aspiration and Escape? and ?Imported Marques: Britain Embraces the World.



False advertising - False advertising is an act of deliberately misleading a potential client about a product, service or a company in general by reporting false or misrepresenting information or data in advertising or other promotional materials. False advertising is a type of fraud.

Promotional products - Promotional Products or Advertising Specialties is the imprinting of company logo or information on literally tens of thousands of different products to help promote their company name or the theme they have on the product. The business is a multi billion dollar industry with sales exceeding $17 billion.

Advertising Specialties - Advertising Specialties or Promotional Products is the imprinting of company logo or information on literally tens of thousands of different products to help promote their company name or the theme they have on the product. The business is a multi billion dollar industry with sales exceeding $17 billion.

Product placement - Product placement is a promotional tactic used by marketers in which characters in a fictional play, feature film, television series, music video, video-game or book use a real commercial product. Typically either the product and logo is shown or favorable qualities of the product are mentioned.



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