Marketing 0


Summary: Creating Inclusivity and Sustainability



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Philip Kotler - Marketing 5.0 (1)

Summary: Creating Inclusivity and Sustainability
for Society
One of the main challenges marketers face today is the extreme
polarization happening in every aspect of human lives, from jobs to


ideologies to lifestyles to markets. The root cause is the widening gap
between the top and bottom socioeconomic classes. The middle
market starts to disappear, either dropping down or going up.
When everything is polarized, there are only two meaningful ways to
position your brands and companies. It limits the markets in which
businesses can play. But most importantly, it limits growth
opportunities, especially amid the slowing economy and the
proliferation of players.
Inclusive and sustainable marketing—aligned with the sustainable
development goals (SDGs)—solves the problem through a better
redistribution of wealth, which in turn will return the society to its
original shape. Companies must embed the concept in their business
model, investing back into the society with purpose. And businesses
must utilize technology as it will play a major role by accelerating the
progress and opening up opportunities for everyone.

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