Having been meaning to write something here for ages I now have to write about a crime against marketing which I saw last week on the BBC series The Apprentice. When the losing team were in the boardroom they were questioned about their expenditure, a major part of which was their "marketing". This was picked up by Sir Alan Sugar who made much play of them overspending on marketing. The problem is it wasn't on marketing, it was on promotion - this being just one small part of marketing rather than the totality it was portrayed as.
It is this misconception of marketing which I find really frustrating and is one Sir Alan has made before in previous series. I suspect the understanding Sir Alan has of the word marketing relates to advertising and promotion rather than the much wider remit it should cover. I am sure however, that he is actually a pretty good marketer - anyone who has amassed a fortune of over £800m has to be pretty good at identifying customer needs and satisfying them profitably (Amstrad emailer maybe being an exception where he got things wrong). I just wish he would use the correct word and not keep perpetuating the common myth that all marketers do is advertising.
You can find more information about the series The Apprentice at: http://www.bbc.co.uk/apprentice/
Tuesday, April 15, 2008
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