The rise of marketing/market research (2012)

“As the complexity of markets is too great for any individual to understand, intermediaries and interpreters who concentrate on a limited number of the markets’ core features are needed. Their work, which bridges the gap between the subsystems of markets and corporations, is generally called marketing. Marketing tries to process information on markets and translate it into a language that corporations can use to steer their activities. It is about reconciling the imperatives of production  with the needs and desires of customers. The agency of consumers generates insecurity among marketers, who have to develop methods to overcome information asymmetries. This task calls for professional, even scientific expertise, as well as special instruments and institutions”

http://www.amazon.com/Marketing-Market-Research-Worlds-Consumption/dp/0230341…

 

 

Published by

Cosimo Accoto

Research Affiliate at MIT | Author "Il Mondo Ex Machina" (Egea) | Philosopher-in-Residence | Business Innovation Advisor | www.cosimoaccoto.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.