Frontiers of the marketing paradigm in the third millennium

Ravi S. Achrol, Philip Kotler

Research output: Contribution to journalArticlepeer-review

167 Scopus citations

Abstract

The domain and theories of marketing have been expanding since the origins of the discipline. Since the 1970s marketing science has been organized around the exchange paradigm. Marketing concepts apply to all forms of exchange, whether it is goods, services, personages, places or ideas, and whether it is between individuals, for-profit and nonprofit firms, governments and NGOs. Marketing theories evolved from a firm oriented view to encompass the exchanging dyad. More recently the paradigm expanded to a network level of explanation, and relational theories have come to the fore. But even as the field struggles to grasp its new fields of explanation, there is a Kuhnian shift happening at its boundaries. The shift significantly bends the marketing worldview as well as the theoretical tools and methodologies we use to study it. In this paper we develop a three-tiered explanation of the emerging field of marketing-its subphenomena (consumer experiences and sensory systems), its phenomena (marketing networks), and its superphenomena (sustainability and development).

Original languageEnglish (US)
Pages (from-to)35-52
Number of pages18
JournalJournal of the Academy of Marketing Science
Volume40
Issue number1
DOIs
StatePublished - Jan 2012

Keywords

  • Consumer networks
  • Consumer neurophysiology
  • Consumer sensory processes
  • Consumption experience
  • Marketing and poverty alleviation
  • Marketing future
  • Marketing networks
  • Marketing paradigm
  • Marketing theory
  • Nanotechnology
  • Sustainable marketing

ASJC Scopus subject areas

  • Business and International Management
  • Economics and Econometrics
  • Marketing

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