Oip

Assignment 1 Evolution Timeline of Marketing

  • Simple Trade of Marketing (Ancient times  - Mid 1800)
    3000 BCE

    Simple Trade of Marketing (Ancient times - Mid 1800)

    The simple trade era, was characterized by bartering and localized trade (Young Urban Project, 2025). Marketing efforts were informal and revolved around the direct exchange of goods and services, often in marketplaces, and relied heavily on word-of-mouth and a merchant's reputation (Oxford College of Marketing, 2024). Brand identity was established through craftsmanship and personal relationships between producers and consumers (Oxford College of Marketing, 2024).
  • The Production Era (1860-1920)

    The Production Era (1860-1920)

    The Production Era, from the 1860s to the 1920s, was a period where businesses focused on mass production and distribution efficiency (Keith, 1960). The prevailing belief was that a good product would sell itself, and consumers would buy whatever was available and affordable. This era minimized the need for extensive marketing beyond basic information, as demand often exceeded supply.
  • Sales Era (1920s-1940s)

    Sales Era (1920s-1940s)

    The Sales Era, from the 1920s to the 1940s, shifted marketing focus from mass production to aggressive selling and promotion (Kotler Armstrong, 2018). Amid economic downturns, companies believed strong sales pitches and advertising could persuade consumers to buy. A prime example is the use of radio jingles and door-to-door salespeople for products like vacuums, aiming to move inventory regardless of customer needs.
  • The Marketing Department Era (1940s-11960s)

    The Marketing Department Era (1940s-11960s)

    Marked a significant shift in business focus from mass production to customer satisfaction (IMM Graduate School, 2019). Companies established dedicated marketing departments to centralize functions like sales, advertising, and distribution. The primary objective was to understand and satisfy consumer needs and wants, making the customer "king" (IMM Graduate School, 2019). This era laid the foundation for modern marketing concepts, including distribution channels and pricing strategies.
  • Marketing Company Era (1960s-1990s)

    Marketing Company Era (1960s-1990s)

    The 1960s Marketing Company Era marked a shift from product-centric to consumer-focused strategies (O'Guinn et al., 2019). This "Creative Revolution" saw advertising agencies like Doyle Dane Bernbach (DDB) create campaigns that used humor and honesty to connect with audiences, famously with Volkswagen's "Think Small" ads. These campaigns moved beyond simple product features to build a brand personality and emotional resonance, a strategy that shaped modern advertising.
  • Societal Marketing Era (1970-Presemt)

    Societal Marketing Era (1970-Presemt)

    Shifted focus from solely meeting consumer wants to considering long-term societal and environmental welfare. This era, sparked by concerns over unethical corporate practices, introduced the idea that companies have a social responsibility beyond profit (Kotler Zaltman, 1971). It laid the groundwork for modern concepts like corporate social responsibility and sustainable marketing, compelling businesses to integrate social purpose into their core strategies to build consumer trust and loyalty.
  • The Relationship Marketing Era (1990s-2010s)

    The Relationship Marketing Era (1990s-2010s)

    The Relationship Marketing Era (1990-2010) shifted marketing from transactions to building long-term customer relationships. It emphasized trust and commitment (Morgan Hunt, 1994) and pioneered two-way communication to foster loyalty. This approach became the foundation for today's customer-centric strategies (Grönroos, 1990).
  • Digital Marking Era (1990s-Present)

    Digital Marking Era (1990s-Present)

    Digital marketing uses online channels to promote products and services, building direct connections with consumers (Investopedia, n.d.). It has transformed modern marketing by enabling businesses to precisely target specific audiences and measure campaign success with real-time data, making it more efficient and personalized than traditional advertising (Adobe, 2025). This data-driven approach has made marketing more effective and interactive.
  • Social and AI Market Era (2020- Present)

    Social and AI Market Era (2020- Present)

    The current marketing era, often called the Social or AI Era, is defined by a deep integration of technology and a customer-centric approach (Kumar et al., 2021). Marketers leverage big data and artificial intelligence (AI) to personalize content, automate campaigns, and enhance the customer experience in real-time. This shift from mass communication to hyper-personalized, one-on-one engagement is also driven by privacy concerns and the deprecation of third-party cookies (Davis, 2023).