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What?????
• First introduced -Theodore Levitt
• Narrow minded approach - marketing a
  product
• Also known as marketing short sightedness
• Focus from customer to product
• Mass production
Examples from Indian Market
Tata Sierra:                 Kelvinator:
• First Passenger car -      • Parent Company -
  Telco(TATA Motors).          Electrolux
• Brand came too early       • Killed - sheer negligence -
• Classic case- marketing      marketing myopia
  myopia.                    • Disaster -Whirlpool
• Failed - steep price &       acquired in 1996.
  quality issue.             • Came back - Electrolux -
• Didn’t appeal - value        1997
  proposition of consumer.   • Brand killed - 2005
Examples from Indian Market
Harrison Locks:                  LML VESPA:
• Market leader - locks          • India - collaboration - Bajaj
• Case of marketing                Auto
   myopia                        • Failed - LML entered
                                   motorcycles.
• Poor Advertisement
                                 • Failed - sweeping changes
• Continued - company
                                   in twowheeler market.
  enters new domains.
                                 • Example- marketing
• India’s - security solutions
                                   myopia
  provider.
Examples from Indian Market
Carona:
•   Was Heritage brand & second largest footwear company.
•   Couldn’t withstand competition after 1991
•   Was stiff competitor to BATA
•   Failed when introduced PUMA
•   Went out due to mismanagement
CONCLUSION
PROS                      CONS
• Mass Production         • Focus on firms’ needs and
• Product oriented          wants
• Exhorted CEO’s –        • Self centered firms – fail to
  reexamine their           adjust
  corporate vision
&
Thank You

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Marketing Myopia

  • 1.
  • 2. What????? • First introduced -Theodore Levitt • Narrow minded approach - marketing a product • Also known as marketing short sightedness • Focus from customer to product • Mass production
  • 3. Examples from Indian Market Tata Sierra: Kelvinator: • First Passenger car - • Parent Company - Telco(TATA Motors). Electrolux • Brand came too early • Killed - sheer negligence - • Classic case- marketing marketing myopia myopia. • Disaster -Whirlpool • Failed - steep price & acquired in 1996. quality issue. • Came back - Electrolux - • Didn’t appeal - value 1997 proposition of consumer. • Brand killed - 2005
  • 4. Examples from Indian Market Harrison Locks: LML VESPA: • Market leader - locks • India - collaboration - Bajaj • Case of marketing Auto myopia • Failed - LML entered motorcycles. • Poor Advertisement • Failed - sweeping changes • Continued - company in twowheeler market. enters new domains. • Example- marketing • India’s - security solutions myopia provider.
  • 5. Examples from Indian Market Carona: • Was Heritage brand & second largest footwear company. • Couldn’t withstand competition after 1991 • Was stiff competitor to BATA • Failed when introduced PUMA • Went out due to mismanagement
  • 6. CONCLUSION PROS CONS • Mass Production • Focus on firms’ needs and • Product oriented wants • Exhorted CEO’s – • Self centered firms – fail to reexamine their adjust corporate vision