Marketing is Important in Day-to-Day Life

  • Marketing plays a crucial role in a person’s daily life, whether at home, in the office, at an educational institution, or while working from home.
  • It impacts consumers on physical, psychological, financial, and emotional levels.
  • Understanding marketing helps in making better purchasing decisions and enhances overall consumer awareness.

The Seven Ways to Heaven

  • The ‘Seven Ways to Heaven’ is a structured approach to understanding marketing’s significance in daily life.
  • These seven elements form the foundation of an effective marketing process.

Let’s explore how marketing influences our daily decisions and experiences.

The first element is noise
  • There is so much noise around us in the form of marketing, advertising, and promotional messages.
  • Various brands and sub-brands compete for our attention through multiple media—physical, digital, offline, and online.
  • Every day, marketing surrounds us with an overwhelming amount of brand products and brand services.
The second element is choice
  • Marketing plays an important role because we must make a choice amidst the noise.
  • Various brand offerings lead us through the decision-making process, requiring us to select the right brand of product or service.
  • Whether it is a bar of soap, a bar of chocolate, a sound bar, or even visiting a restaurant bar, choices are constantly being made.
  • These choices apply to both individual and group consumption, whether within families or workplaces.
  • As marketing touches us daily, its importance grows based on the decisions we make with friends and family.
The third element is voice
  • We need to express ourselves and use our voice in the marketing process—whether to ask questions, give suggestions, seek information, or share opinions.
  • Marketing enables consumers to voice their preferences, influencing decisions at various levels.
  • This could include selecting a TV channel, a program, a newspaper, or a magazine.
  • Through this daily interaction with brands and services, our voice becomes a powerful tool—whether to enquire about or acquire a brand.
The fourth element is wise
  • Once we have navigated through the noise, made a choice, and expressed ourselves through our voice, it is time to be wise.
  • This means analyzing the pros and cons of a decision, not just in terms of cost-effectiveness, but also regarding health, beauty, and quality of life for ourselves and our families.
  • Marketing plays a crucial role in helping us make informed and thoughtful decisions.
  • Sometimes, we may make mistakes, but through these experiences, we learn and grow.
  • The marketing process in our daily lives continuously refines our ability to make wise decisions.
The fifth element is invoice
  • The importance of marketing in our daily lives is also highlighted through the concept of the invoice—our ability to spend wisely or save.
  • Once we have gone through noise, choice, voice, and wisdom, the next step is to be financially prudent.
  • Marketing teaches us the value of savings, judicious spending, negotiation, and getting the best deal without compromising on quality and affordability.
  • The invoice is a representation of our financial decisions, ensuring that we make purchases that benefit both ourselves and our families.
The sixth element is poise
  • Now that the decision has been made, marketing allows us to use the brand offering with poise.
  • Whether purchasing household goods, branded jewelry, clothing, food, beverages, or even a home delivery service, we use these products with a sense of style and confidence among family and friends.
  • Marketing enhances our standard of living and quality of life, helping us build a positive self-image and increasing our perceived value in our own eyes and in the eyes of others.
  • The ability to use products and services with poise is an important outcome of the marketing process in our daily lives.
The seventh element is rejoice
  • After navigating through noise, making a choice, expressing our voice, becoming wise, carefully handling the invoice, and living with poise, the final step is to rejoice.
  • Marketing influences our daily lives by not only educating us and helping us make sensible decisions but also by enriching our experiences.
  • It allows us to enjoy life safely and securely, pleasantly and enjoyably, bringing us small joys on a daily basis.
  • This entire journey—the ‘Seven Ways to Heaven’—demonstrates how marketing is deeply integrated into our lives, ultimately leading us to greater happiness and fulfillment.

This article was first published in Business India magazine in the August 23 to September 5, 2021 issue.

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Published On: August 23rd, 2021Categories: Article, Business India

About The Author

Jagdeep Kapoor

Founder, Chairman & Director of Samsika® and Samsika® Academy

Visiting Professor of Marketing Management and Brand Management at JBIMS and SP Jain School of Global Management. Author of 14 books and textbooks on the art and science of Marketing Strategy and Brand Management in the Indian context.

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