Preview

FTVMS110G

Satisfactory Essays
Open Document
Open Document
2081 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
FTVMS110G
Week One

Consumerism
Brand – refers to the name and iconography of a product, replaces interpersonal communication with the producer, attempts to overlay transformational values for the consumer.
Target Audience
Pioneer advertising
Competitive advertising
Comparative advertising
Subliminal advertising
Materialism
Social marketing – kim dotcom pastiche
Green marketing
Culture of Commodity
‘Commodity fetishism’ (Karl Marx)

Example: price tag Uganda

Week Two

Capitalism – the means of production (factories, machines and organizations) are privately owned. The distribution of goods is determined by supply and demand rather than by collective decision-making. Individual had right to sell his/her own labor. Capitalism is also an ideology (a set of ideas, values and beliefs)
Conspicuous consumption – a sense of status and identity
‘Therapeutic ethos’ (TJ Jackson Lears) – consumer goods will not only satisfy us but also help to fix our deficiencies.
Branding
Phases:
1. Product – info – product as center of attention, emphasize product
2. Product – image – emphasizes benefits to the consumer, rather that product info
3. Personalization – direct relationship between product and human personality, personal attributes become transferred to the product. T.V becomes major medium example-Marlboro man
4. Lifestyle – (market segmentation) – product displayed in a social context and functions as a “totem of belonging’ to a particular group. Ads often focus on the primary activity rather that consumption style (e.g. entertaining, going out, holidaying, and relaxing) lifestyle ads become prominent from 1950s rise of TV.
5. Demassification – process of market segmentation continues and intensifies, associated with the rise of branding culture. Emphasis on authenticity, cratrivity and play, self-awareness, transformative power of the object (e.g. ipod) niche market
6. Consumption commodities – how community has changed, the traditional community are

You May Also Find These Documents Helpful

  • Good Essays

    Capitalism is a system in which private individuals can own businesses and goods and in which production, and is also called a free enterprise system.…

    • 451 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Disney's Branding Approach

    • 3513 Words
    • 15 Pages

    De Chernatony and Mcdonald define brand as an identifiable product, service, person or place augmented in such a way that the buyer or user perceives relevant unique sustainable added values that match their needs most closely…

    • 3513 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    In today’s society, we find ourselves overwhelmed with the proliferation of environmental crises around the globe. The trade off between sustainability and economic growth is still of discourse as mankind has the ability to mass produce more than ever before. With that in mind, Sustainability, by Leslie Paul Thiele defines and discusses the topic of sustainability. While Thiele’s text is engaging due to the areas of discussion, I argue that it is not an adequate guide as he fails to provide a thorough explanation of how solutions should be implemented.…

    • 817 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Eater Reader

    • 729 Words
    • 3 Pages

    In today’s society companies and marketers main focus is persuading their customers into living a specific lifestyle. People are being manipulated into buying and feeding into the illusion companies are trying to sale. In the articles “Do You Want Lies with That?” in Don’t Eat This Book by Morgan Spurlock and “Escalating Dining: Is Mall Food Becoming Class?” Slate by Sara Dickerman both authors discuss the high effort from marketers to get people to live a certain way. The sellers of these products spend millions of dollars in the hopes of attracting consumers. Whether it is marketing a product or reconstructing a restaurant, marketers are always doing something to make their investment more attractive to consumers.…

    • 729 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Capitalism is a social class that most people think has been around forever when in fact it is a more resent social party. Capitalism is when goods are produced and owned by private owners and business. The supply and demand is based on what the people want. The most pure form of capitalism is lassie fare. This is when the people decided what and when they want to invest in business. They are also able to decide the prices that they want to sale or trade goods and services.…

    • 89 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Veblen, Thorstein. “Conspicuous Consumption”. The Consumer Society Reader. Juliet B. Schor and Douglas B. Holt, eds. New York: The New Press, 2000. 187-204.…

    • 6545 Words
    • 27 Pages
    Powerful Essays
  • Powerful Essays

    Roy Rogers

    • 864 Words
    • 4 Pages

    – Personality - macho image eg Marlboro – Lifestyle - people often use products to make statements about themselves…

    • 864 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    In order to determine why consumers engage in conspicuous consumption, this term must first be defined. “Conspicuous consumption is the acquisition and visible display of luxury goods and services to demonstrate one’s ability to afford them” (Arnould et al., 2004 p.93). Research demonstrates that consumers buy branded products as solutions to practical problems. However, when engaging in conspicuous consumption, consumers buy branded products as symbols of their wealth (Piacentini & Mailer, 2004). They believe these products will give them a higher social standing and appearance; this is called status consumption (O’Cass & Frost, 2002). “The acquisition of material goods is one of the strongest measures of social success and achievement” (O’Cass & McEwen, 2004 p.27). Conspicuous consumers tend to be highly influenced by the perception the rest of society has on the product they are buying. Extended problem solving involves purchasing high-risk, expensive items, which are not bought very often such as houses or cars (Brassington & Pettitt, 2006). When purchasing such high-involvement products, conspicuous consumers are even more likely to consider the opinions of others and will purchase according to those opinions (Piacentini & Mailer, 2004).…

    • 2505 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Student

    • 656 Words
    • 3 Pages

    We begin with a discussion of the relationship between advertising, promotional culture, and a social, economic, and cultural environment dominated by commodification. We then examine some of the dominant characteristics of post-modern advertising and promotional culture, using case studies of the representation of capitalism and the emerging phenomena of…

    • 656 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Misdirected Effort

    • 545 Words
    • 3 Pages

    In Misdirected Effort, Veblen discusses the difference in work power relations within consumer behavior and advertising. He uses the example of high fashion sneakers and discusses how the high price and exclusivity of the product enforces a social hierarchy. Veblen States “symbols that glorify separation of nobility, power and rank from industry and from those who work. Honor requires immunity from activity and people whose daily life reeks with economic need and compulsion” (507). Veblen critiques the idea of barbarism which has major social and political dangers of excessive productivity and how our over abundance of technology is disruptive for our society. In this article, Veblen’s term conspicuous consumption refers to consumers who buy expensive and high end items to display wealth and income rather than to cover the true needs of the consumer. Commodity fetishism creates a perpetuating cycle where proletariats work to conspicuously consumer and the bourgeoisie maintain power so they have to keep working in order to strive in society. Misdirected effort briefly discusses Karl Marx’s Commodity fetishism, which is when an innominate object is attributed to special and even magical powers. An…

    • 545 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Capitalism is an economic system that is based on private ownership of production and individual economic freedom. Generally, the means of production are operated for profit. In a complete capitalist economy there would not be public schools, state owned roads and highways, public works, welfare, unemployment insurance, workers compensation, or Social Security benefits. Decisions are made about what and when to produce and set the pricing for how much products cost. In Capitalism, competition should exist without any interference from the government.…

    • 556 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Capitalism is an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state. Capitalism was introduced…

    • 251 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Marxism Vs Fascism

    • 414 Words
    • 2 Pages

    An economic system in which the means of production and distribution are privately or corporately owned and development is proportionate to the accumulation and reinvestment of profits gained in a free market.…

    • 414 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Planned Obsolescence

    • 1797 Words
    • 8 Pages

    Our enormously productive economy demands that we make consumption our way of life, that we convert the buying and use of goods into rituals, that we seek our spiritual satisfactions, our ego satisfactions, in consumption… We need things consumed, burned up, worn out, replaced, and discarded at an ever increasing pace. (Lebow, Price Competition in 1955)…

    • 1797 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    Capitalism. An economic and political system in which a country 's trade and industry are controlled by private owners for profit.…

    • 2516 Words
    • 11 Pages
    Better Essays