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Marketing An Introduction 12th Edition

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An Introduction
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An Introduction
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Marketing
An Introduction
Twelfth Edition

Global Edition

Gary Armstrong
University of North Carolina

Philip Kotler
Northwestern University

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Delaney, Molly, Macy, and Ben; Nancy, Melissa, and Jessica

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About the Authors
As a team, Gary Armstrong and Philip Kotler provide a blend of skills uniquely suited to
writing an introductory marketing text. Professor Armstrong is an award-winning teacher
of undergraduate business students. Professor Kotler is one of the world’s leading authori-
ties on marketing. Together they make the complex world of marketing practical, approach-
able, and enjoyable.

Gary Armstrong is Crist W. Blackwell Distinguished Professor Emeritus of


­ ndergraduate Education in the Kenan-Flagler Business School at the University of North
U
Carolina at Chapel Hill. He holds an undergraduate degree and a master’s degree in busi-
ness from Wayne State University in Detroit, and he received his Ph.D. in marketing from
Northwestern University. Dr. Armstrong has contributed numerous articles to leading busi-
ness journals. As a consultant and researcher, he has worked with many companies on
marketing research, sales management, and marketing strategy.
But Professor Armstrong’s first love has always been teaching. His long-held Black-
well Distinguished Professorship is the only permanent endowed professorship for dis-
tinguished undergraduate teaching at the University of North Carolina at Chapel Hill. He
has been very active in the teaching and administration of Kenan-Flagler’s undergraduate
program. His administrative posts have included Chair of Marketing, Associate Director
of the Undergraduate Business Program, Director of the Business Honors Program, and
many others. Through the years, he has worked closely with business student groups and
has received several campus-wide and Business School teaching awards. He is the only
repeat recipient of the school’s highly regarded Award for Excellence in Undergraduate
Teaching, which he received three times. Most recently, Professor Armstrong received the
UNC Board of Governors Award for Excellence in Teaching, the highest teaching honor
bestowed by the 16-campus University of North Carolina system.

Philip Kotler is S. C. Johnson & Son Distinguished Professor of International Market-


ing at the Kellogg School of Management, Northwestern University. He received his master’s
degree at the University of Chicago and his Ph.D. at M.I.T., both in economics. Dr. Kotler
is author of Marketing Management (Pearson Prentice Hall), now in its 14th edition and the
world’s most widely used marketing textbook in graduate schools of business worldwide.
He has authored dozens of other successful books and has written more than 100 articles in
leading journals. He is the only three-time winner of the coveted Alpha Kappa Psi award for
the best annual article in the Journal of Marketing.
Professor Kotler was named the first recipient of four major awards: the Distinguished
Marketing Educator of the Year Award and the William L. Wilkie “Marketing for a ­Better
World” Award, both given by the American Marketing Association; the Philip Kotler Award
for Excellence in Health Care Marketing presented by the Academy for Health Care Services
Marketing; and the Sheth Foundation Medal for Exceptional Contribution to ­Marketing
Scholarship and Practice. His numerous other major honors include the Sales and Marketing
Executives International Marketing Educator of the Year Award; the ­European ­Association
of Marketing Consultants and Trainers Marketing Excellence Award; the Charles Coolidge
Parlin Marketing Research Award; and the Paul D. Converse Award, given by the ­American
Marketing Association to honor “outstanding contributions to s­cience in marketing.” A
­recent Forbes survey ranks Professor Kotler in the top 10 of the world’s most influential
business thinkers. And in a recent Financial Times poll of 1,000 senior executives across
the world, Professor Kotler was ranked as the fourth “most influential business writer/guru”
of the twenty-first century.
Dr. Kotler has served as chairman of the College on Marketing of the Institute of
­Management Sciences, a director of the American Marketing Association, and a trustee

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6 About the Authors

of the Marketing Science Institute. He has consulted with many major U.S. and interna-
tional companies in the areas of marketing strategy and planning, marketing organization,
and international marketing. He has traveled and lectured extensively throughout Europe,
Asia, and South America, advising companies and governments about global marketing
practices and opportunities.

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Brief Contents
PART 1 DEFINING MARKETING AND THE MARKETING PROCESS   30

1 Marketing: Creating and Capturing Customer Value   30


2 Company and Marketing Strategy: Partnering to Build Customer Value and Relationships   64

PART 2 UNDERSTANDING THE MARKETPLACE AND CUSTOMER VALUE   92

3 Analyzing the Marketing Environment   92


4 Managing Marketing Information to Gain Customer Insights   124
5 Understanding Consumer and Business Buyer Behavior   158

PART 3 DESIGNING A CUSTOMER VALUE–DRIVEN STRATEGY AND MIX   196

6 Customer-Driven Marketing Strategy: Creating Value for Target Customers   196


7 Products, Services, and Brands: Building Customer Value   228
8 New Product Development and Product Life-Cycle Strategies   264
9 Pricing: Understanding and Capturing Customer Value   292
10 Marketing Channels: Delivering Customer Value   330
11 Retailing and Wholesaling  362
12 Engaging Consumers and Communicating Customer Value: Advertising and Public Relations   394
13 Personal Selling and Sales Promotion   430
14 Direct, Online, Social Media, and Mobile Marketing   462

PART 4 EXTENDING MARKETING  494

15 The Global Marketplace   494


16 Sustainable Marketing: Social Responsibility and Ethics   522

Appendix 1 Company Cases  551


Appendix 2 Marketing Plan  585
Appendix 3 Marketing by the Numbers   597

Glossary  615
References  625
Index  651

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Contents
Preface 19
Acknowledgments 27

PART 1 DEFINING MARKETING AND THE MARKETING PROCESS  30

1 Marketing: Creating and Capturing Customer Value


CHAPTER ROAD MAP 30
30

Objective Outline 30 • Previewing the Concepts 30 • First Stop 31


What Is Marketing? 32
Marketing Defined 33 • The Marketing Process 33
Understanding the Marketplace and Customer Needs 34
Customer Needs, Wants, and Demands 34 • Market Offerings—Products, Services, and
Experiences 34 • Customer Value and Satisfaction 35 • Exchanges and Relationships 35 • Markets 36
Designing a Customer-Driven Marketing Strategy 37
Selecting Customers to Serve 37 • Choosing a Value Proposition 37 • Marketing Management
Orientations 37
Preparing an Integrated Marketing Plan and Program 40
Building Customer Relationships 41
Customer Relationship Management 41
Marketing at Work 1.1: Toyota Japan: The Customer Always Comes First 43
Engaging Customers 45
Marketing at Work 1.2: British Airways: Customer Orientation at Its Peak 47
Partner Relationship Management 49
Capturing Value from Customers 49
Creating Customer Loyalty and Retention 49 • Growing Share of Customer 50 • Building Customer
Equity 50
The Changing Marketing Landscape 52
The Digital Age: Online, Mobile, and Social Media Marketing 52 • The Changing Economic
Environment 54 • The Growth of Not-for-Profit Marketing 55 • Rapid Globalization 56 • Sustainable
Marketing—The Call for More Environmental and Social Responsibility 56
So, What Is Marketing?: Pulling It All Together 57

END OF CHAPTER: REVIEWING THE CONCEPTS  59


CHAPTER REVIEW AND KEY TERMS • Objectives Review 59 • Key Terms 60 • DISCUSSION
AND CRITICAL THINKING • Discussion Questions 61 • Critical Thinking Exercises 61 •
MINICASES AND APPLICATIONS • Online, Mobile, and Social Media Marketing 61 •
Marketing Ethics 62 • Marketing by the Numbers 62 • Video Case 62 • Company Cases 63

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10 Contents

2 Company and Marketing Strategy: Partnering to Build Customer


Value and Relationships 64
CHAPTER ROAD MAP 64
Objective Outline 64 • Previewing the Concepts 64 • First Stop   65
Company-Wide Strategic Planning: Defining Marketing’s Role 66
Defining a Market-Oriented Mission 67
Marketing at Work 2.1: IBM’s Customer-Oriented Mission: Build a Smarter Planet 68
Setting Company Objectives and Goals 70
Designing the Business Portfolio 70
Analyzing the Current Business Portfolio 71 • Developing Strategies for Growth and Downsizing 73
Planning Marketing: Partnering to Build Customer Relationships 74
Partnering with Other Company Departments 75 • Partnering with Others in the Marketing System 76
Marketing Strategy and the Marketing Mix 76
Customer-Driven Marketing Strategy 77
Marketing at Work 2.2: Red Bull: This Nicher “Gives You Wings” 79
Developing an Integrated Marketing Mix 80
Managing the Marketing Effort 82
Marketing Analysis 82 • Marketing Planning 83 • Marketing Implementation 83 • Marketing
Department Organization 85 • Marketing Control 86
Measuring and Managing Return on Marketing Investment 86

END OF CHAPTER: REVIEWING THE CONCEPTS  88


CHAPTER REVIEW AND KEY TERMS • Objectives Review 60 • Key Terms 89 • DISCUSSION
AND CRITICAL THINKING • Discussion Questions 89 • Critical Thinking Exercises 89 •
MINICASES AND APPLICATIONS • Online, Mobile, and Social Media Marketing 90 •
Marketing Ethics 90 • Marketing by the Numbers 90 • Video Case 91 • Company Cases 91

PART 2 UNDERSTANDING THE MARKETPLACE AND CUSTOMER VALUE  92

3 Analyzing the Marketing Environment


CHAPTER ROAD MAP 92
92

Objective Outline 92 • Previewing the Concepts 92 • First Stop 93


The Microenvironment 95
The Company 95 • Suppliers 95 • Marketing Intermediaries 96 • Competitors 97 •
Publics 97 • Customers 98
The Macroenvironment 98
Marketing at Work 3.1: Sony: Battling the Marketing Environment’s “Perfect Storm” 99
The Demographic Environment 100 • The Economic Environment 107 • The Natural
Environment 109 • The Technological Environment 110 • The Political and Social
Environment 112 • The Cultural Environment 115
Responding to the Marketing Environment 118
Marketing at Work 3.2: In the Social Media Age: When the Dialog Gets Nasty 119

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END OF CHAPTER: REVIEWING THE CONCEPTS  120


CHAPTER REVIEW AND KEY TERMS • Objectives Review 120 • Key Terms 121 • DISCUSSION
AND CRITICAL THINKING • Discussion Questions 121 • Critical Thinking Exercises 122 •
MINICASES AND APPLICATIONS • Online, Mobile, and Social Media Marketing 122 •
Marketing Ethics 122 • Marketing by the Numbers 123 • Video Case 123 • Company Cases 123

4 Managing Marketing Information to Gain Customer Insights


CHAPTER ROAD MAP 124
124

Objective Outline 124 • Previewing the Concepts 124 • First Stop 125
Marketing Information and Customer Insights 126
Assessing Marketing Information Needs 128
Developing Marketing Information 128
Internal Data 128 • Competitive Marketing Intelligence 129
Marketing Research 131
Defining the Problem and Research Objectives 132 • Developing the Research Plan 132 • Gathering
Secondary Data 133 • Primary Data Collection 134
Marketing at Work 4.1: Dell Goes Social: Listening to and Engaging Customers Online 140
Implementing the Research Plan 144 • Interpreting and Reporting the Findings 144
Analyzing and Using Marketing Information 144
Customer Relationship Management 145
Marketing at Work 4.2: Vodafone: Strong Customer Relationship Management 146
Distributing and Using Marketing Information 147
Other Marketing Information Considerations 148
Marketing Research in Small Businesses and Nonprofit Organizations 148 • International Marketing
Research 149 • Public Policy and Ethics in Marketing Research 151

END OF CHAPTER: REVIEWING THE CONCEPTS  153


CHAPTER REVIEW AND KEY TERMS • Objectives Review 153 • Key Terms 154 • DISCUSSION
AND CRITICAL THINKING • Discussion Questions 154 • Critical Thinking Exercises 155 •
MINICASES AND APPLICATIONS • Online, Mobile, and Social Media Marketing 155 •
Marketing Ethics 155 • Marketing by the Numbers 156 • Video Case 156 • Company Cases 156

5 Understanding Consumer and Business Buyer Behavior


CHAPTER ROAD MAP 158
158

Objective Outline 158 • Previewing the Concepts 158 • First Stop 159
Consumer Markets and Consumer Buyer Behavior 160
Model of Consumer Behavior 161 • Characteristics Affecting Consumer Behavior 161
Marketing at Work 5.1: Word-of-Mouth Marketing: Sparking Brand Conversations
and Helping Them Catch Fire 168
The Buyer Decision Process 175
Need Recognition 175 • Information Search 175 • Evaluation of Alternatives 176 • Purchase
Decision 176 • Postpurchase Behavior 177
The Buyer Decision Process for New Products 177
Stages in the Adoption Process 178 • Individual Differences in Innovativeness 178 • Influence of
Product Characteristics on Rate of Adoption 179

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Business Markets and Business Buyer Behavior 180


Business Markets 180 • Business Buyer Behavior 182
Marketing at Work 5.2: B-to-B Social Marketing: The Space to Engage Business Customers 189

END OF CHAPTER: REVIEWING THE CONCEPTS  191


CHAPTER REVIEW AND KEY TERMS • Objectives Review 191 • Key Terms 192 • DISCUSSION
AND CRITICAL THINKING • Discussion Questions 192 • Critical Thinking Exercises 193 •
MINICASES AND APPLICATIONS • Online, Mobile, and Social Media Marketing 193 •
Marketing Ethics 193 • Marketing by the Numbers 194 • Video Case 194 • Company Cases 194

PART 3 DESIGNING A CUSTOMER VALUE–DRIVEN STRATEGY


AND MIX 196

6 Customer-Driven Marketing Strategy: Creating Value


for Target Customers 196
CHAPTER ROAD MAP 196
Objective Outline 196 • Previewing the Concepts 196 • First Stop 197
Market Segmentation 199
Segmenting Consumer Markets 199
Marketing at Work 6.1: Hyundai’s Turning Point: Tapping the Premium Market 203
Segmenting Business Markets 207 • Segmenting International Markets 207 • Requirements for
Effective Segmentation 208
Market Targeting 209
Evaluating Market Segments 209 • Selecting Target Market Segments 209
Marketing at Work 6.2: Location-Based Micromarketing Equals Macro Opportunities 213
Differentiation and Positioning 217
Positioning Maps 218 • Choosing a Differentiation and Positioning Strategy 218 • Communicating and
Delivering the Chosen Position 223

END OF CHAPTER: REVIEWING THE CONCEPTS  224


CHAPTER REVIEW AND KEY TERMS • Objectives Review 224 • Key Terms 225 • DISCUSSION
AND CRITICAL THINKING • Discussion Questions 225 • Critical Thinking Exercises 226 •
MINICASES AND APPLICATIONS • Online, Mobile, and Social Media Marketing 226 •
Marketing Ethics 226 • Marketing by the Numbers 227 • Video Case 227 • Company Cases 227

7 Products, Services, and Brands: Building Customer Value


CHAPTER ROAD MAP 228
228

Objective Outline 228 • Previewing the Concepts 228 • First Stop 229
What Is a Product? 230
Products, Services, and Experiences 230 • Levels of Product and Services 231 • Product and Service
Classifications 232
Product and Service Decisions 235
Individual Product and Service Decisions 235 • Product Line Decisions 240 • Product Mix
Decisions 241

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Services Marketing 242


The Nature and Characteristics of a Service 243 • Marketing Strategies for Service Firms 244
Marketing at Work 7.1: HSBC: Internal Marketing Drives Overall Excellence 245
Branding Strategy: Building Strong Brands 249
Brand Equity 249
Marketing at Work 7.2: Breakaway Brands: Connecting with Consumers and Building Trust 251
Building Strong Brands 252 • Managing Brands 258

END OF CHAPTER: REVIEWING THE CONCEPTS  259


CHAPTER REVIEW AND KEY TERMS • Objectives Review 259 • Key Terms 260 • DISCUSSION
AND CRITICAL THINKING • Discussion Questions 261 • Critical Thinking Exercises 261 •
MINICASES AND APPLICATIONS • Online, Mobile, and Social Media Marketing 261 •
Marketing Ethics 262 • Marketing by the Numbers 262 • Video Case 262 • Company Cases 263

8 New Product Development and Product


Life-Cycle Strategies 264
CHAPTER ROAD MAP 264
Objective Outline 264 • Previewing the Concepts 264 • First Stop 265
New Product Development Strategy 266
The New Product Development Process 267
Idea Generation 267 • Idea Screening 269
Marketing at Work 8.1: Crowdsourcing: P&G’s Connect + Develop 270
Concept Development and Testing 271 • Marketing Strategy Development 273 • Business
Analysis 273 • Product Development 273 • Test Marketing 274 • Commercialization 275
Managing New Product Development 276
Customer-Centered New Product Development 276 • Team-Based New Product
Development 276 • Systematic New Product Development 277 • New Product Development in
Turbulent Times 278
Product Life-Cycle Strategies 278
Introduction Stage 281 • Growth Stage 281 • Maturity Stage 281 • Decline Stage 283
Marketing at Work 8.2: LEGO: An Old Brand Story with a New Beginning 284
Additional Product and Service Considerations 285
Product Decisions and Social Responsibility 285 • International Product and Services Marketing 286

END OF CHAPTER: REVIEWING THE CONCEPTS  288


CHAPTER REVIEW AND KEY TERMS • Objectives Review 288 • Key Terms 289 • DISCUSSION
AND CRITICAL THINKING • Discussion Questions 289 • Critical Thinking Exercises 289 •
MINICASES AND APPLICATIONS • Online, Mobile, and Social Media Marketing 289 •
Marketing Ethics 290 • Marketing by the Numbers 290 • Video Case 291 • Company Cases 291

9 Pricing: Understanding and Capturing Customer Value


CHAPTER ROAD MAP 292
292

Objective Outline 292 • Previewing the Concepts 292 • First Stop 293
What Is a Price? 294

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Major Pricing Strategies 295


Customer Value–Based Pricing 295
Marketing at Work 9.1: Ryanair: Really Good-Value Pricing—Fly for Free! 298
Cost-Based Pricing 300 • Competition-Based Pricing 301
Other Internal and External Considerations Affecting Price Decisions 302
Overall Marketing Strategy, Objectives, and Mix 302 • Organizational Considerations 304 • The Market
and Demand 304 • The Economy 306 • Other External Factors 307
New Product Pricing Strategies 308
Market-Skimming Pricing 308 • Market-Penetration Pricing 308
Product Mix Pricing Strategies 309
Product Line Pricing 309 • Optional-Product Pricing 310 • Captive-Product Pricing 310 • By-Product
Pricing 310 • Product Bundle Pricing 311
Price-Adjustment Strategies 311
Discount and Allowance Pricing 311 • Segmented Pricing 312 • Psychological Pricing 312 • Promotional
Pricing 313 • Geographical Pricing 314 • Dynamic and Internet Pricing 315 • International Pricing 316
Price Changes 317
Initiating Price Changes 317
Marketing at Work 9.2: International Pricing: Targeting the Bottom of the Pyramid 318
Responding to Price Changes 320
Public Policy and Pricing 322
Pricing within Channel Levels 323 • Pricing across Channel Levels 323

END OF CHAPTER: REVIEWING THE CONCEPTS  325


CHAPTER REVIEW AND KEY TERMS • Objectives Review 325 • Key Terms 326 • DISCUSSION
AND CRITICAL THINKING • Discussion Questions 327 • Critical Thinking Exercises 327 •
MINICASES AND APPLICATIONS • Online, Mobile, and Social Media Marketing 299•
Marketing Ethics 328 • Marketing by the Numbers 328 • Video Case 328 • Company Cases 329

10 Marketing Channels: Delivering Customer Value


CHAPTER ROAD MAP 330
330

Objective Outline 330 • Previewing the Concepts 330 • First Stop 331
Supply Chains and the Value Delivery Network 332
The Nature and Importance of Marketing Channels 333
How Channel Members Add Value 334 • Number of Channel Levels 335
Channel Behavior and Organization 336
Channel Behavior 336 • Vertical Marketing Systems 337 • Horizontal Marketing
Systems 339 • Multichannel Distribution Systems 340 • Changing Channel Organization 341
Channel Design Decisions 342
Analyzing Consumer Needs 342 • Setting Channel Objectives 343 • Identifying Major
Alternatives 343 • Evaluating the Major Alternatives 344 • Designing International Distribution
Channels 345
Channel Management Decisions 346
Selecting Channel Members 346 • Managing and Motivating Channel Members 346
Marketing at Work 10.1: Working with Channel Partners to Create Value for Customers 347
Evaluating Channel Members 348

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Public Policy and Distribution Decisions 349


Marketing Logistics and Supply Chain Management 349
Nature and Importance of Marketing Logistics 349 • Goals of the Logistics System 351 • Major
Logistics Functions 351
Marketing at Work 10.2: Greening the Supply Chain: It’s the Right Thing to Do—and It’s Profitable Too 352
Integrated Logistics Management 356

END OF CHAPTER: REVIEWING THE CONCEPTS  358


CHAPTER REVIEW AND KEY TERMS • Objectives Review 358 • Key Terms 359 • DISCUSSION
AND CRITICAL THINKING • Discussion Questions 359 • Critical Thinking Exercises 360 •
MINICASES AND APPLICATIONS • Online, Mobile, and Social Media Marketing 360 •
Marketing Ethics 360 • Marketing by the Numbers 361 • Video Case 361 • Company Cases 361

11 Retailing and Wholesaling


CHAPTER ROAD MAP 362
362

Objective Outline 362 • Previewing the Concepts 362 • First Stop 363
Retailing 364
Types of Retailers 365 • Retailer Marketing Decisions 371
Marketing at Work 11.1: Tesco: A Fairytale Gone Bad 373
Retailing Trends and Developments 377
Marketing at Work 11.2: Showrooming 2.0: Embracing Technology to Pull Back Customers from Online
Shopping Sites 380
Wholesaling 384
Types of Wholesalers 385 • Wholesaler Marketing Decisions 385 • Trends in Wholesaling 388

END OF CHAPTER: REVIEWING THE CONCEPTS  389


CHAPTER REVIEW AND KEY TERMS • Objectives Review 389 • Key Terms 390 • DISCUSSION
AND CRITICAL THINKING • Discussion Questions 391 • Critical Thinking Exercises 391 •
MINICASES AND APPLICATIONS • Online, Mobile, and Social Media Marketing 391 •
Marketing Ethics 392 • Marketing by the Numbers 392 • Video Case 392 • Company Cases 393

12 Engaging Consumers and Communicating Customer Value:


Advertising and Public Relations 394
CHAPTER ROAD MAP 394
Objective Outline 394 • Previewing the Concepts 394 • First Stop 395
The Promotion Mix 396
Integrated Marketing Communications 397
The New Marketing Communications Model 397 • The Need for Integrated Marketing
Communications 399
Marketing at Work 12.1: Brand Content Management: Paid, Owned, Earned, and Shared 400
Shaping the Overall Promotion Mix 402
Advertising 405
Setting Advertising Objectives 405 • Setting the Advertising Budget 407 • Developing
Advertising Strategy 409 • Evaluating Advertising Effectiveness and the Return on Advertising
Investment 418 • Other Advertising Considerations 419

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Public Relations 421


The Role and Impact of PR 422
Marketing at Work 12.2: PR and Customer Engagement at Coca-Cola: From Impressions
to Expressions to Transactions 423
Major Public Relations Tools 424

END OF CHAPTER: REVIEWING THE CONCEPTS  425


CHAPTER REVIEW AND KEY TERMS • Objectives Review 425 • Key Terms 426 • DISCUSSION
AND CRITICAL THINKING • Discussion Questions 426 • Critical Thinking Exercises 427 •
MINICASES AND APPLICATIONS • Online, Mobile, and Social Media Marketing 427 •
Marketing Ethics 427 • Marketing by the Numbers 428 • Video Case 428 • Company Cases 428

13 Personal Selling and Sales Promotion


CHAPTER ROAD MAP 430
430

Objective Outline 430 • Previewing the Concepts 430 • First Stop 431
Personal Selling 432
The Nature of Personal Selling 432 • The Role of the Sales Force 433
Managing the Sales Force 435
Designing the Sales Force Strategy and Structure 435 • Recruiting and Selecting
Salespeople 438 • Training Salespeople 439 • Compensating Salespeople 440 • Supervising and
Motivating Salespeople 441 • Evaluating Salespeople and Sales Force Performance 442
Selling Digitally: Online, Mobile, and Social Media Tools 443
Marketing at Work 13.1: B-to-B Salespeople: In This Digital and Social Media Age, Who Needs Them
Anymore? 444
The Personal Selling Process 446
Steps in the Selling Process 446 • Personal Selling and Managing Customer Relationships 449
Marketing at Work 13.2: P&G: It’s Not Sales, It’s Customer Business Development 450
Sales Promotion 451
The Rapid Growth of Sales Promotion 451 • Sales Promotion Objectives 452 • Major Sales Promotion
Tools 453 • Developing the Sales Promotion Program 456

END OF CHAPTER: REVIEWING THE CONCEPTS  457


CHAPTER REVIEW AND KEY TERMS • Objectives Review 457 • Key Terms 458 • DISCUSSION
AND CRITICAL THINKING • Discussion Questions 458 • Critical Thinking Exercises 459 •
MINICASES AND APPLICATIONS • Online, Mobile, and Social Media Marketing 459 •
Marketing Ethics 459 • Marketing by the Numbers 460 • Video Case 460 • Company Cases 461

14 Direct, Online, Social Media, and Mobile Marketing


CHAPTER ROAD MAP 462
462

Objective Outline 462 • Previewing the Concepts 462 • First Stop 463
Direct and Digital Marketing 464
The New Direct Marketing Model 465 • Rapid Growth of Direct and Digital Marketing 465 • Benefits
of Direct and Digital Marketing to Buyers and Sellers 466

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Forms of Direct and Digital Marketing 466


Marketing at Work 14.1: Samsung: Engaging Customers Directly via Influencers’ Programs
and Online and Social Media 467
Digital and Social Media Marketing 468
Marketing, the Internet, and the Digital Age 469 • Online Marketing 470 • Social Media
Marketing 474 • Mobile Marketing 477
Marketing at Work 14.2: Mobile Marketing: Customers Come Calling 479
Traditional Direct Marketing Forms 481
Direct-Mail Marketing 481 • Catalog Marketing 482 • Telemarketing 483 • Direct-Response
Television Marketing 483 • Kiosk Marketing 484
Public Policy Issues in Direct and Digital Marketing 485
Irritation, Unfairness, Deception, and Fraud 485 • Consumer Privacy 486 • A Need for Action 487

END OF CHAPTER: REVIEWING THE CONCEPTS 488


CHAPTER REVIEW AND KEY TERMS • Objectives Review 488 • Key Terms 490 • DISCUSSION
AND CRITICAL THINKING • Discussion Questions 490 • Critical Thinking Exercises 490 •
MINICASES AND APPLICATIONS • Online, Mobile, and Social Media Marketing 491 •
Marketing Ethics 491 • Marketing by the Numbers 492 • Video Case 492 • Company Cases 492

PART 4 EXTENDING MARKETING 494

15 The Global Marketplace


CHAPTER ROAD MAP 494
494

Objective Outline 494 • Previewing the Concepts 494 • First Stop 495
Global Marketing Today 496
Looking at the Global Marketing Environment 498
The International Trade System 498 • Economic Environment 500
Marketing at Work 15.1: Brazil: An Emerging Market or Already Emerged? 501
Political-Legal Environment 503 • Cultural Environment 503
Deciding Whether to Go Global 506
Deciding Which Markets to Enter 506
Deciding How to Enter the Market 507
Exporting 507 • Joint Venturing 508 • Direct Investment 509
Deciding on the Global Marketing Program 510
Marketing at Work 15.2: Starbucks in India: A Global Brand in a Local Market 512
Product 513 • Promotion 515 • Price 516 • Distribution Channels 516
Deciding on the Global Marketing Organization 517

END OF CHAPTER: REVIEWING THE CONCEPTS 518


CHAPTER REVIEW AND KEY TERMS • Objectives Review 518 • Key Terms 519 • DISCUSSION
AND CRITICAL THINKING • Discussion Questions 519 • Critical Thinking Exercises 520 •
MINICASES AND APPLICATIONS • Online, Mobile, and Social Media Marketing 520 •
Marketing Ethics 520 • Marketing by the Numbers 521 • Video Case 521 • Company Cases 521

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16 Sustainable Marketing: Social Responsibility and Ethics


CHAPTER ROAD MAP 522
522

Objective Outline 522 • Previewing the Concepts 522 • First Stop 523
Sustainable Marketing 524
Social Criticisms of Marketing 526
Marketing’s Impact on Individual Consumers 526 • Marketing’s Impact on Society as a
Whole 531 • Marketing’s Impact on Other Businesses 532
Consumer Actions to Promote Sustainable Marketing 533
Consumerism 533 • Environmentalism 534
Marketing at Work 16.1: The Body Shop’s Sustainable Marketing Strategy: Owning the Earth 536
Public Actions to Regulate Marketing 539
Business Actions toward Sustainable Marketing 539
Sustainable Marketing Principles 539
Marketing at Work 16.2: Eco-Fashion: What You Wear Can Save the Earth 541
Marketing Ethics 544 • The Sustainable Company 547

END OF CHAPTER: REVIEWING THE CONCEPTS  547


CHAPTER REVIEW AND KEY TERMS • Objectives Review 547 • Key Terms 548 • DISCUSSION
AND CRITICAL THINKING • Discussion Questions 548 • Critical Thinking Exercises 549 •
MINICASES AND APPLICATIONS • Online, Mobile, and Social Media Marketing 549 •
Marketing Ethics 549 • Marketing by the Numbers 550 • Video Case 550 • Company Cases 550

Appendix 1  Company Cases 551


Appendix 2  Marketing Plan 585
Appendix 3   Marketing by the Numbers 597

Glossary 615
References 625
Index 651

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Preface
The Twelfth Edition of
Marketing: An Introduction
On the Road to Learning Marketing!
Top marketers all share a common goal: putting consumers at the heart of marketing.
­Today’s marketing is all about creating customer value and engagement in a fast-changing,
increasingly digital and social marketplace.
Marketing starts with understanding consumer needs and wants, deciding which target
markets the organization can serve best, and developing a compelling value proposition by
which the organization can attract, keep, and grow targeted consumers. Then, more than
just making a sale, today’s marketers want to engage customers and build deep customer
relationships that make their brands a meaningful part of consumers’ conversations and
lives. In this digital age, to go along with their tried-and-true traditional marketing methods,
marketers have access to a dazzling set of new customer relationship–building tools—from
the Internet, smartphones, and tablets to online, mobile, and social media—for engaging
customers anytime, anyplace to shape brand conversations, experiences, and community. If
marketers do these things well, they will reap the rewards in terms of market share, profits,
and customer equity. In the 12th edition of Marketing: An Introduction, you’ll learn how
customer value and customer engagement drive every good marketing strategy.
Marketing: An Introduction makes the road to learning and teaching marketing more
productive and enjoyable than ever. The 12th edition’s streamlined approach strikes an ef-
fective balance between depth of coverage and ease of learning. Unlike more abbreviated
texts, it provides complete and timely coverage of all the latest marketing thinking and
practice. Unlike longer, more complex texts, its moderate length makes it easy to digest in
a given semester or quarter.
Marketing: An Introduction’s approachable organization, style, and design are well
suited to beginning marketing students. The 12th edition’s learning design—with inte-
grative Road to Marketing features at the start and end of each chapter plus insightful
­author comments throughout—helps students to learn, link, and apply important concepts.
Its simple organization and writing style present even the most advanced topics in an
­approachable, exciting way. The 12th edition brings marketing to life with deep and rel-
evant examples and illustrations throughout. And when combined with MyMarketingLab,
our online homework and personalized study tool, Marketing: An Introduction ensures that
students will come to class well prepared and leave class with a richer understanding of
basic marketing concepts, strategies, and practices. So fasten your seat belt and let’s get
rolling down the road to learning marketing!

What’s New in the 12th Edition?


We’ve thoroughly revised the 12th edition of Marketing: An Introduction to reflect the
major trends and forces impacting marketing in this digital age of customer value, engage-
ment, and relationships. Here are just some of the changes you’ll find in this edition:

● More than any other developments, sweeping new online, social media, mobile, and
other digital technologies are now affecting how marketers, brands, and customers en-
gage each other. The 12th edition features new and revised discussions and examples of
19

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20 Preface

the explosive impact of exciting new digital marketing technologies shaping marketing
strategy and practice—from online, mobile, and social media engagement technologies
discussed in Chapters 1, 5, 11, 12, and 14; to “online listening” and Webnology research
tools in Chapter 4, online influence and brand communities in Chapter 5, and location-
based marketing in Chapter 7; to the use of social media in business-to-business mar-
keting and sales in Chapters 6 and 13; to consumer Web, social media, and mobile
marketing, as well as other new communications technologies, in Chapters 1, 5, 12, 14,
and throughout.
A new Chapter 1 section, The Digital Age: Online, Mobile, and Social Media Mar-
keting, introduces the exciting new developments in digital and social media marketing.
A completely revised Chapter 14, Direct, Online, Social Media, and Mobile Marketing,
digs deeply into digital marketing tools such as Web sites, social media, mobile ads and
apps, online video, e-mail, blogs, and other digital platforms that engage consumers any-
where, anytime via their computers, smartphones, tablets, Internet-ready TVs, and other
digital devices. The 12th edition is packed with new stories and examples illustrating how
companies employ digital technology to gain competitive advantage—from traditional
marketing all-stars such as Nike, P&G, Southwest, and McDonald’s to new-age digital
competitors such as Google, Amazon.com, Apple, Netflix, Pinterest, and Facebook.
● The 12th edition features completely new and revised coverage of the emerging trend
toward customer engagement marketing—building direct and continuous customer
involvement in shaping brands, brand conversations, brand experiences, and brand com-
munity. The burgeoning Internet and social media have created better-informed, more-
connected, and more-empowered consumers. Thus, today’s marketers must now engage
consumers rather than interrupting them. Marketers are augmenting their mass-media
marketing efforts with a rich mix of online, mobile, and social media marketing that
promotes deep consumer involvement and a sense of customer community surrounding
their brands. Today’s new engagement-building tools include everything from Web sites,
blogs, in-person events, and video sharing to online communities and social media such
as Facebook, YouTube, Pinterest, Twitter, and a company’s own social networking sites.
In all, today’s more engaged consumers are giving as much as they get in the form
of two-way brand relationships. The 12th edition contains substantial new material on
customer engagement and related developments such as consumer empowerment,
crowdsourcing, customer co-creation, and consumer-generated marketing. A new
Chapter 1 section—Engaging Customers—introduces customer engagement market-
ing. This and other related customer engagement topics are presented in Chapter 1 (new
sections: Customer Engagement and Today’s Digital and Social Media and Consumer-
Generated Marketing); Chapter 4 (qualitative approaches to gaining deeper customer
insights); Chapter 5 (managing online influence and customer community through digi-
tal and social media marketing); Chapter 8 (crowdsourcing and customer-driven new
product development); Chapter 12 (the new, more engaging marketing communications
model); and Chapter 14 (direct digital, online, social media, and mobile marketing).
● The 12th edition continues to build on and extend the innovative customer value frame-
work from previous editions. The customer value model presented in the first chapter is
fully integrated throughout the remainder of the book. No other marketing text presents
such a clear and compelling customer value approach.
● The 12th edition provides revised and expanded coverage of developments in the
fast-changing area of integrated marketing communications. It tells how marketers
are blending the new digital and social media tools—everything from Internet and mo-
bile marketing to blogs, viral videos, and social media—with traditional media to create
more targeted, personal, and engaging customer relationships. Marketers are no longer
simply creating integrated promotion programs; they are practicing marketing content
management in paid, owned, earned, and shared media. No other text provides more
current or encompassing coverage of these exciting developments.
● Revised coverage in the 12th edition shows how companies and consumers continue to
deal with marketing in an uncertain economy in the lingering aftermath of the Great
Recession. Starting with a section in Chapter 1 and continuing with revised discussions
in Chapters 3, 9, and elsewhere throughout the text, the 12th edition shows how now,

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Preface 21

even as the economy recovers, marketers must focus on creating customer value and
sharpening their value propositions in this era of more sensible consumption.
● New material throughout the 12th edition highlights the increasing importance of
sustainable marketing. The discussion begins in Chapter 1 and ends in Chapter 16,
which pulls marketing concepts together under a sustainable marketing framework. In
between, frequent discussions and examples show how sustainable marketing calls for
socially and environmentally responsible actions that meet both the immediate and the
future needs of customers, companies, and society as a whole.
● The 12th edition provides new discussions and examples of the growth in global market-
ing. As the world becomes a smaller, more competitive place, marketers face new global
marketing challenges and opportunities, especially in fast-growing emerging markets
such as China, India, Brazil, Africa, and others. You’ll find much new coverage of global
marketing throughout the text, starting in Chapter 1 and discussed fully in Chapter 15.
● The 12th edition continues its emphasis on measuring and managing return on mar-
keting, including many new end-of-chapter financial and quantitative marketing exer-
cises that let students apply analytical thinking to relevant concepts in each chapter and
link chapter concepts to the text’s innovative and comprehensive Appendix 3, Marketing
by the Numbers.
● The 12th edition continues to improve on its innovative learning design. The text’s
active and integrative “Road to Learning Marketing” presentation includes learning en-
hancements such as annotated chapter-opening stories, a chapter-opening objective out-
line, and explanatory author comments on major chapter figures. The chapter-­opening
“Chapter Road Map” layout helps to preview and position the chapter and its key con-
cepts. “Speed Bump” concept checks highlight and reinforce important chapter con-
cepts. Figures annotated with author comments help students to simplify and organize
chapter material. End-of-chapter features help to summarize important chapter concepts
and highlight important themes, such as digital and social media marketing, ethics, and
financial marketing analysis. This innovative learning design facilitates student under-
standing and enhances learning.
● The 12th edition provides 16 new end-of-chapter company cases by which students
can apply what they learn to actual company situations. Additionally, all of the chapter-
opening stories and Marketing at Work highlights in the 12th edition are either new or
revised for currency.

The Marketing Journey: Five Major Customer


Value and Engagement Themes
The 12th edition of Marketing: An Introduction builds on five major customer value and
engagement themes:

1. Creating value for customers in order to capture value from customers in return.
Today’s marketers must be good at creating customer value, engaging customers, and
managing customer relationships. Outstanding marketing companies understand the
marketplace and customer needs, design value-creating marketing strategies, develop
integrated marketing programs that engage customers and deliver value and satisfac-
tion, and build strong customer relationships and brand community. In return, they
capture value from customers in the form of sales, profits, and customer equity.
This innovative customer value framework is introduced at the start of Chapter 1 in a
five-step marketing process model, which details how marketing creates customer value
and engagement and captures value in return. The framework is carefully explained in
the first two chapters and then integrated throughout the remainder of the text.
2. Customer engagement and today’s digital and social media. New digital and social
media have taken today’s marketing by storm, dramatically changing how companies
and brands engage consumers and how consumers connect and influence each other’s
brand behaviors. The 12th edition introduces and thoroughly explores the contemporary
concept of customer engagement marketing and the exciting new digital and social media

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technologies that help brands to engage customers more deeply and interactively. It starts
with two major new Chapter 1 sections: Customer Engagement and Today’s Digital and
Social Media and The Digital Age: Online, Mobile, and Social Media. A completely
revised Chapter 14, Direct, Online, Social Media, and Mobile Marketing summarizes the
latest developments in digital engagement and relationship-building tools. Everywhere in
between, you’ll find revised and expanded coverage of the exploding use of digital and
social tools to create customer engagement and build brand community.
3. Building and managing strong brands to create brand equity. Well-positioned brands
with strong brand equity provide the basis upon which to build profitable customer
relationships. Today’s marketers must position their brands powerfully and manage
them well to create valued customer brand experiences. The 12th edition provides a
deep focus on brands, anchored by the Chapter 7 section Branding Strategy: Building
Strong Brands.
4. Measuring and managing return on marketing. Especially in uneven economic
times, marketing managers must ensure that their marketing dollars are being well
spent. In the past, many marketers spent freely on big, expensive marketing pro-
grams, often without thinking carefully about the financial returns on their spend-
ing. But all that has changed rapidly. “Marketing accountability”—measuring and
managing marketing return on investment—has now become an important part of
strategic marketing decision making. This emphasis on marketing accountability is
addressed in Chapter 2; Appendix 3, Marketing by the Numbers; and throughout the
12th edition.
5. Sustainable marketing around the globe. As new technologies make the world an
increasingly smaller and more fragile place, marketers must be good at marketing their
brands globally and in sustainable ways. New material throughout the 12th edition
emphasizes the concepts of global marketing and sustainable marketing—meeting the
present needs of consumers and businesses while also preserving or enhancing the abil-
ity of future generations to meet their needs. The 12th edition integrates global market-
ing and sustainability topics throughout the text. It then provides focused coverage on
each topic in Chapters 15 and 16, respectively.

Real Travel Experiences: Marketing at Work


Marketing: An Introduction, 12th edition, guides new marketing students down the intrigu-
ing, discovery-laden road to learning marketing in an applied and practical way. The text
takes a practical marketing-management approach, providing countless in-depth, real-life
examples and stories that engage students with basic marketing concepts and bring the
marketing journey to life. Every chapter contains a First Stop opening story plus Marketing
at Work highlight features that reveal the drama of modern marketing. Students learn how:

● Amazon.com’s deep-down passion for creating customer value and relationships has
made it the world’s leading digital retailer.
● Nike’s outstanding success results from more than just making and selling good sports
gear. It’s based on a customer-focused strategy through which Nike creates brand en-
gagement and close brand community with and among its customers.
● Sony’s dizzying fall from market leadership provides a cautionary tale of what can hap-
pen when a company—even a dominant marketing leader—fails to adapt to its changing
environment.
● The Body Shop—a company founded by environmental campaigner Anita Roddick—
was founded on genuine environmental sustainability concerns.
● British Airways is highly proactive on the Web, reaching out to customers with flight-
schedule updates and notifications that draw them closer to the brand.
● Giant social network Facebook promises to become one of the world’s most powerful
and profitable digital marketers—but it’s just getting started.
● Samsung’s new-age direct and social media marketing capability for building up-close-
and-personal interactions with customers strengthens its brand advocacy and elevates
brand loyalty.

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● Innovator Samsung has transformed itself by creating a seemingly endless flow of in-
spired new products that feature stunning design, innovative technology, life-enriching
features, and a big dose of “Wow!”
● Low-fare airline Ryanair appears to have found a radical new pricing solution, one that
customers are sure to love: Make flying free!
● The explosion of the Internet, social media, mobile devices, and other technologies has
some marketers asking: “Who needs face-to-face selling anymore?”
● For Coca-Cola, marketing in Africa is like “sticking its hand into a bees’ nest to get
some honey.”
● Apparel makers Nukleus, Taolifestyle Technology, and Dive are driven by the vision of
offering fashion that is safe for the world we live in, rather than just focusing on sales
and profits.

Beyond such features, each chapter is packed with countless real, engaging, and
timely examples that reinforce key concepts. No other text brings marketing to life like the
12th edition of Marketing: An Introduction.

Marketing Journey Travel Aids


A wealth of chapter-opening, within-chapter, and end-of-chapter learning devices helps
students to engage with marketing by learning, linking, and applying major concepts:

● Chapter openers. The active and integrative chapter-opening spread in each chapter
features an Objective Outline that outlines chapter contents and learning objectives, a
brief Road Map—Previewing the Concepts section that introduces chapter concepts,
and a First Stop opening vignette—an engaging, deeply developed, illustrated, and an-
notated marketing story that introduces the chapter material and sparks student interest.
● Author comments and figure annotations. Throughout the chapter, author comments
ease and enhance student learning by introducing and explaining major chapter sections
and figures.
● Marketing at Work highlights. Each chapter contains two highlight features that pro-
vide an in-depth look at the real marketing practices of large and small companies.
● Speed Bumps. Concept checks within each chapter check student learning and help
them apply key concepts.
● End of chapter: Reviewing the concepts. Sections at the end of each chapter summa-
rize key chapter concepts and provide questions, exercises, and cases by which students
can review and apply what they’ve learned. The Chapter Review and Key Terms section
reviews major chapter concepts and links them to chapter objectives. It also provides
a helpful listing of chapter key terms by order of appearance with page numbers that
facilitate easy reference.
● Discussion Questions and Critical Thinking Exercises. These sections at the end of
each chapter help students to keep track of and apply what they’ve learned in the chapter.
● Minicases and Applications. Brief Online, Mobile, and Social Media Marketing; Mar-
keting Ethics, and Marketing by the Numbers sections at the end of each chapter provide
short applications cases that facilitate discussion of current issues and company situa-
tions in areas such as digital and social media marketing, ethics, and financial marketing
analysis. A Video Case section contains short vignettes with Discussion Questions to
be used with a set of four- to seven-minute videos. An end-of-chapter Company Cases
section identifies which of the all-new company cases found in Appendix 1 are best for
use with each chapter.

Additional marketing travel aids include:

● Company Cases. Appendix 1 contains 16 all-new company cases that help students to
apply major marketing concepts to real company and brand situations.
● Marketing Plan. Appendix 2 contains a sample marketing plan that helps students to
apply important marketing planning concepts.

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● Marketing by the Numbers. An innovative Appendix 3 provides students with a com-


prehensive introduction to the marketing financial analysis that helps to guide, assess,
and support marketing decisions.
● Careers in Marketing. Appendix 4 describes marketing career paths and guides stu-
dents in finding marketing jobs and careers. This appendix is only available through
MyMarketingLab.

More than ever before, the 12th edition of Marketing: An Introduction provides an ef-
fective and enjoyable total package for engaging students and moving them down the road
to learning marketing!

A Total Teaching and Learning System


A successful marketing course requires more than an engaging, well-written book. Today’s
classroom requires a dedicated teacher and a fully integrated learning system. A total package
of teaching and learning supplements extends this edition’s emphasis on effective teaching
and learning. The following aids support the 12th edition of Marketing: An Introduction.

Instructor’s Manual
The Instructor’s Manual plays a central role in organizing the teaching and learning pack-
age for the 12th edition. This manual has been designed so the instructor can plan lec-
tures, discussions, online learning activities, and written assignments in a coordinated and
­efficient manner.
All 16 chapters of the text have been carefully reviewed in order to develop the most
logical and helpful manual for you, the instructor. Primary features of the Instructor’s
­Manual (IM) are as follows:

● Previewing the Concepts. This brings the important chapter objectives into focus.
These objectives are also listed at the beginning of each chapter of the IM.
● Just the Basics and Great Ideas. There are two sections to each chapter in the IM. The
first section, Just the Basics, provides several sections that summarize the textbook
chapter and end-of-chapter material, starting with the Chapter Overview. The second
section of every IM chapter, Great Ideas, provides additional student projects and other
material that will help you present the material and manage your time effectively.
● Annotated Chapter Notes/Outline. This section is the core of the Instructor’s Manual.
It contains a thorough yet concise outline of the entire chapter, including major and
minor headings, and is specifically tied to key phrases and definitions. The instructor
will also notice additional information throughout the outline, indicating where key
material appears in the chapter and offering suggestions for the proper use of vari-
ous teaching aids. These additional notations cover such important chapter content as:
Key Terms; Figures and Tables; Linking the Concepts, Chapter Objectives; and
the end-of-chapter material, including Discussion Questions, Critical Thinking Exer-
cises, Marketing by the Numbers, and Marketing Ethics.
● Barriers to Effective Learning. This section, which begins the Great Ideas portion
of the manual, has been developed to aid the instructor in understanding which of the
concepts or activities contained in the textbook chapters may be difficult learning as-
signments for the average student. By reviewing this section, the instructor may be able
to direct preparation toward those topics that are perceived as being more difficult. In
addition, this section provides suggestions for dealing with difficult learning concepts.
● Student Projects. Three to five additional projects are listed for effective student
learning. These can be done individually or in groups, and can be done in class or as
homework assignments. These projects could also provide a rich source of extra-credit
projects, if desired.
● Classroom Exercise/Homework Assignment. This is an additional assignment to help
relate the textbook material to real-world situations. As the majority of these projects

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Preface 25

depend on access to the Internet, they can be assigned as homework when there is no
network connection in the classroom.
● Classroom Management Strategies. This section provides a timetable for individual
chapter lectures. The timetables are based on a 60-minute class; you will need to
increase or decrease the amount of time for each section of the chapter to account
for shorter or longer class periods. The timetable provided normally has from four
to six sections (time segments are suggested) that give guidance to the instructor on
what topics to cover, how to coordinate these topics with text features (i.e., figures,
tables, Marketing at Work, and other material, as appropriate), and in-class discus-
sion suggestions.
● Company Case Teaching Notes. This section of the Instructor’s Manual offers a syn-
opsis, teaching objectives, answers to discussion questions, and suggestions on how to
teach the case. It also indicates additional chapters in which the case can be used.
● Video Case Teaching Notes. The last section in the Instructor’s Manual contains teach-
ing notes to accompany the video cases found on MyMarketingLab, consisting of an
Executive Summary, Questions, and Teaching Ideas for each case.
● Professors on the Go. Designed with the busy professor in mind, this section serves to
emphasize key material in the manual, so where an instructor who is short on time can
take a quick look to find key concepts, activities, and exercises for the upcoming lecture.
● Appendixes. There are also four appendixes that support the main IM content and are
concise, easy-to-use references: the Company Cases appendix, the Marketing Plan
appendix, the Marketing by the Numbers appendix, and the Careers in Marketing
appendix.

Additionally, the Annotated Instructor’s Notes serve as a quick reference for the e­ ntire
supplements package. Suggestions for using materials from the Instructor’s Manual, Pow-
erPoint slides, Test Item File, Video Library, and online material are offered for each sec-
tion within every chapter. Visit www.pearsonglobaleditions.com/Armstrong to access these
Annotated Instructor’s Notes.

Test Item File


This Test Item File contains 1,600 questions, including multiple-choice, true/false, and
essay questions. Each question is followed by the correct answer, the learning objective it
ties to, the AACSB category, the question type (concept, application, critical thinking, or
synthesis), the course learning outcome, and the difficulty rating.

TestGen
Pearson Education’s test-generating software is available from www.pearsoned.com/­
testgen. The software is PC/MAC compatible and preloaded with all of the Test Item File
questions. You can manually or randomly view test questions and drag and drop to create a
test. You can add or modify test-bank questions as needed.

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26 Preface

Instructor’s Resource Center (IRC)


Register. Redeem. Login.
The Web site www.pearsonglobaleditions.com/Armstrong is where instructors can ac-
cess a variety of print, media, and presentation resources available with this text in down-
loadable, digital format.
It gets better. Once you register, you will not have additional forms to fill out or multiple
usernames or passwords to remember to access new titles and/or editions. As a registered
faculty member, you can log in directly to download resource files and receive immediate
access and instructions for installing course management content to your campus server.
Need help? Our dedicated technical support team is ready to assist instructors with
questions about the media supplements that accompany this text. Visit http://247pearsoned​
.custhelp.com/ for answers to frequently asked questions and toll-free user support phone
numbers. All instructor resources are in one place. It’s your choice. They are available
at the Instructor’s Resource Center. Resources include the following:

● Instructor’s Manual. Download the entire Instructor’s Manual as a .zip file.


● Test Item File. Download the entire Test Item File as a .zip file.
● TestGen for PC/Mac. Download this easy-to-use software; it’s preloaded with the
12th edition test questions and a user’s manual.
● Image Library. Access many of the images, ads, illustrations, and features in the text,
which are ideal for customizing your PowerPoint presentations.
● Instructor PowerPoint. This presentation includes basic outlines and key points from
each chapter.

Video Library
Videos illustrating the most important subject topics are available on MyMarketingLab.
Available for instructors and students, MyMarketingLab provides around-the-clock instant
access to videos and corresponding assessments and simulations for Pearson textbooks.
Contact your local Pearson representative to request access to MyMarketingLab.

CourseSmart eTextbooks*
CourseSmart eTextbooks were developed for students looking to save on required or rec-
ommended textbooks. Students simply select their eText by title or author and purchase
immediate access to the content for the duration of the course, using any major credit card.
With a CourseSmart eText, students can search for specific keywords or page numbers,
take notes online, print out reading assignments that incorporate lecture notes, and book-
mark important passages for later review.

*
This product may not be available in all markets. For more details, please visit www.coursesmart.co.uk or contact
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Acknowledgments
No book is the work only of its authors. We greatly appreciate the valuable contributions of
several people who helped make this new edition possible. As always, we owe very special
thanks to Keri Jean Miksza for her dedicated and valuable help in all phases of the project,
and to her husband Pete and little daughters Lucy and Mary for all the support they provide
Keri during this often-hectic project.
We owe substantial thanks to Andy Norman of Drake University, for his valuable re-
vision advice and skillful contributions in developing chapter vignettes and highlights,
company and video cases, and the Marketing Plan appendix. We also thank Laurie Babin of
the University of Louisiana at Monroe for her dedicated efforts in preparing end-of-chapter
materials and keeping our Marketing by the Numbers appendix fresh. Additional thanks
also go to Tony Henthorne for his work on the instructor’s manual and Ansrsource for their
work on the Test Bank and PowerPoint presentations.
Many reviewers at other colleges and universities provided valuable comments and
suggestions for this and previous editions. We are indebted to all the reviewers and col-
leagues for their thoughtful input. Some of the current reviewers include:

Twelfth Edition Reviewers


Pari S. Bhagat, Ph.D., Indiana University of Pennsylvania Nora Martin, University of South Carolina
Sylvia Clark, St. John’s University Erika Matulich, University of Tampa
Linda Jane Coleman, Salem State University John T. Nolan, SUNY, Buffalo State
Mary Conran, Temple University Nikolai Ostapenko, University of the District of Columbia
Lawrence K. Duke, Drexel University Bill Rice, California State University
Barbara S. Faries, MBA, Mission College David Robinson, University of California, Berkeley
John Gaskins, Longwood University Lisa Simon, Cal Poly, San Luis Obispo
David Koehler, University of Illinois at Chicago Keith Starcher, Indiana Wesleyan University
Michelle Kunz, Morehead State University Rhonda Tenenbaum, Queens College
Susan Mann, University of Northwestern Ohio Deborah Utter, Boston University
Thomas E. Marshall, M.B.E., Owens Community College Tom Voigt, Judson University

Eleventh Edition Reviewers


Sylvia Clark, St. John’s University Jan Hardesty, University of Arizona
Linda Coleman, Salem State University Erika Matulich, University of Tampa
Mary Conran, Temple University Marc Newman, Hocking College
Datha Damron-Martinez, Truman State University Keith Starcher, Indiana Wesleyan University
Karen Halpern, South Puget Sound Community College Thomas Voigt, Judson University

27

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28 Acknowledgments

Tenth Edition Reviewers


George Bercovitz, York College Vic Piscatello, University of Arizona
Sylvia Clark, St. John’s University William M. Ryan, University of Connecticut
Datha Damron-Martinez, Truman State University Elliot Schreiber, Drexel University
Ivan Filby, Greenville College Rhonda Tenenbaum, Queens College
John Gaskins, Longwood University John Talbott, Indiana University
Karen Halpern, South Puget Sound Community College Robert Simon, University of Nebraska, Lincoln
Jan Hardesty, University of Arizona Tom Voigt, Judson University
Hella-Ilona Johnson, Olympic College Terry Wilson, East Stroudsburg University
Marc Newman, Hocking College

In addition, we thank all the reviewers of previous editions.


We also owe a great deal to the people at Pearson who helped develop this book.
­Marketing Editor Mark Gaffney provided insights and support during the revision. P ­ rogram
Manager Meeta Pendharkar provided valuable assistance in managing the many facets of
this complex revision project. Senior Art Director Janet Slowik developed the 12th edi-
tion’s exciting design, and Senior Project Manager Jacqueline Martin helped guide the
book through the complex production process. We’d also like to thank Stephanie Wall,
Anne Fahlgren, and Judy Leale. We are proud to be associated with the fine professionals
at Pearson Education. We also owe a mighty debt of gratitude to Project Editor Roxanne
Klaas and the fine team at S4Carlisle Publishing Services.
Finally, we owe many thanks to our families for all of their support and encouragement—
Kathy, Betty, Mandy, Matt, KC, Keri, Delaney, Molly, Macy, and Ben from the Armstrong clan
and Nancy, Amy, Melissa, and Jessica from the Kotler family. To them, we dedicate this book.

Gary Armstrong
Philip Kotler

Pearson gratefully acknowledges and thanks the following people for their work on the
Global Edition:

Contributors
Tunji Gbadamosi, Royal Docks Business School, University Jeanne Sørensen Bentzen, Aalborg University, Denmark
of East London, UK Lailani L. Alcantara, College of International Management
Hamed Shamma, School of Business, The American and Graduate School of Management, Ritsumeikan Asia
University in Cairo, Egypt Pacific University, Oita, Japan
Nadia Gamal El-Din, School of Business, The American Ali Hallak, Head of Digital Marketing, Samsung Gulf
University in Cairo, Egypt Electronics, UAE
Mayar Hashish, College of Business Administration (Jeddah), Jon Sutherland, writer, UK
University of Business and Technology, Saudi Arabia Diane Sutherland, writer, UK

Reviewers
Johnny Sik Leung Chiu, Hong Kong Institute of Vocational Nurlida Ismail, Taylor’s University, Malaysia
Education (Tsing Yi), Hong Kong Michael A. Grund, HWZ University of Applied Sciences in
Tam, Pui I, Macao Polytechnic Institute, Macao Business Administration, Zurich, Switzerland
Quah Kheng Siong, UCSI University, Malaysia

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Another random document with
no related content on Scribd:
only two years of age, was rode at the battle of Preston Pans, by a
young gentleman, who afterwards sold it to a farmer near Dunbar.
This pony, at forty-seven years of age, looked remarkably fresh;
trotted eight miles an hour for several miles together; had a very
good set of teeth; eat corn and hay well; was able to go a long
journey; and had not, to appearance, undergone the least alteration,
either in galloping, trotting, or walking, for twenty years preceding.

Curious.—In a book of accounts, belonging to a small dealer,


who had become bankrupt, in the west of England, were found the
following names of customers to whom credit had been given:
“Woman on the Key; Jew Woman; Coal Woman; Old Coal Woman;
Fat Coal Woman; Market Woman; Pale Woman; A Man; Old
Woman; Little Milk Girl; Candle Man; Stable Man; Coachman; Big
Woman; Lame Woman; Quiet Woman; Egg Man; Littel Black Girl;
Old Watchman; Shoemaker; Littel Shoemaker; Short Shoemaker;
Old Shoemaker; Littel Girl; Jew Man; Jew Woman; Mrs. in the Cart;
Old Irish Woman; Woman in Cow street; A Lad; Man in the country;
Long Sal; Woman with Long Sal; Mrs. Irish Woman; Mrs. Feather
Bonnet; Blue Bonnet; Green Bonnet; Green Coat; Blue Britches; Big
Britches; The woman that was married; The woman that told me of
the man.”

“I hope I don’t intrude,” as the knife said to the oyster.


Instinct.

As M. Moreau de Johnes was riding through a wood in Martinique


some years since, his horse reared and exhibited the greatest
degree of alarm, trembling in every limb with fear. On looking around
to discover the cause of the animal’s terror, he observed a serpent,
called fer de lance, standing erect in a bush of bamboo, and he
heard it hiss several times.
He would have fired at it with his pistol, but his horse became
quite unmanageable, and drew back as quickly as possible, keeping
his eyes fixed on the snake. M. de Johnes, on looking around for
some person to hold his horse so that he might destroy the viper,
beheld a negro, streaming with blood, cutting with a blunt knife the
flesh from a wound which the serpent had just inflicted.
The negro entreated M. de Johnes not to destroy it, as he wished
to take the animal alive, to effect a cure on himself, according to a
superstitious belief; and this M. de Johnes allowed him to do.
Varieties.

Little Chimney-Sweeper.—About three o’clock, one cold, dark,


damp day, at the end of December, I met a little chimney-sweeper in
England, who had come with his father that morning from a town
eight miles off, to sweep the various chimneys about. He was nearly
ten years old.
“Do you go home to-night, my little fellow? Where is your father?”
“He went forward to the village of D——, and I am to follow.” “Are
you afraid to go?” “No, I don’t feel afraid.” “I hope you are a good boy
and don’t swear—do you say your prayers?” “Yes, always, every
night and morning.” “Do you like sweeping chimneys?” “As to that, I
don’t think any one could like it much; but there are nine children of
us, and we two eldest boys must help father; and mother is good,
and gets us breakfast early; and father is good to us, and we do
pretty well.” “Do you go to Sunday school?” “Some of us always go.”
Here ended our conversation.
About four o’clock a message came, “May the chimney-sweeper’s
boy sleep here?—he cries, and says it is so wet and dark.” After a
minute’s thought, we replied, “Yes, if he is willing to be locked up in
the stable till morning.” With this he was well content; and after a
clean bed of straw was made, he seemed delighted with his new
quarters.
After the key had been turned a few minutes, an old servant
coming by heard a voice—a steady, pleading voice; and on listening,
she heard the child distinctly repeating collect after collect, and
various church prayers. She went round, and looking in, saw our
poor boy, kneeling by his bed of straw, with his hands clasped, and
praying very earnestly. She said, “The tears came in my eyes as I
watched the little fellow, and to see him rise from his knees, and so
happily lay himself down to sleep.”
In the morning, they watched the child, when he repeated just the
same before he left the stable. Upon coming out, the servants asked
him, “Who taught you to say your prayers as you do?” “Mother,” he
replied. “Then your mother’s a good scholar?” “No, she can’t read a
word—none in our house can read.” “How then did she learn all
these prayers?”
“Mother goes to church every Sunday, and says them after the
parson, and so she learns them; and every night we all kneel round
her that are old enough to speak, before she puts us to bed, and she
says them first, bit by bit, and we all say them after her; and
sometimes she learns a new one, and then she teaches us that. She
tells us always to say our prayers when we are away from her, and
so I do.”

A Shower of Ashes.—A late number of Silliman’s Journal


contains the following memorandum, handed in by Rev. Peter
Parker, M. D., who was a passenger in the ship Niantic, from Canton
for New York:
“Ship Niantic, L. F. Doty, master, April 5th, 1840, being in lat. 7
deg. 5 min. north, lon. 121 deg. 10 min. east, at 2 h. A. M., sixty
miles west from Mindanuo, one of the Philippine islands, came up a
fine breeze from the northeast, which was attended with a shower of
dust, resembling that of ashes. It came so thick that it obscured the
moon and stars, which were all out very clear before. It filled the
sailors’ eyes so full that they were obliged to retreat from the deck
below. It lasted about one hour, and cleared away. At daylight the
Niantic looked like an old furnace, completely covered, from the
royal-masthead down to the water’s edge. The decks I should judge
were one quarter of an inch thick with the ashes. We took up one
half bushel, and might have saved three or four. It fell in small
quantities, at different times, for two or three days after. On the 14th
of April, spoke the English barque Margaret, whaler; reported
likewise on the 5th of April had a similar shower of ashes, being at
the time three hundred miles north-northeast of us. He informed me
that on the 12th of April he visited several villages on the island of
Madura, entirely deserted by the people, from one of which he had
taken two brass cannon and several other articles. This led us to
think that some volcanic eruption had lately happened in that
neighborhood. After the 9th, perceived no more ashes in proceeding
northward.”

Circumstances alter Cases.—“Is Mr. Bluster within?” “No; he is


out of town,” remarked the servant. “When can I see him?” “I don’t
know;—have you any especial business with him?” “Yes, there is a
small bill which I wish to settle.” “Well,” said the servant, “I don’t
know whether he will return this week or not.” “But I wish to pay the
bill, as I am to leave the town immediately.” “Oh! you wish to pay him
some money—he is up stairs, I’m thinking; I will call him. Take a
seat, sir; Mr. Bluster will be with you in a moment!”

Fatal Attack of a Serpent.—A letter from Martinique, in the


Journal of Guadaloupe, states, that M. De Pickery, merchant, was
met while on a hunting excursion by an enormous serpent, which
attacked him, and inflicted several severe wounds in his legs. He
defended himself with great courage; but, although timely succor
was administered to him, he died four hours after. The serpent was
nearly seven feet in length, and when opened there were found in it
one hundred and sixty-two little ones. (1840.)
TEARS.
the words and music composed for
merry’s museum.
Slow & Pathetic.

Tears, tears may speak of grief,


More deep than words e’er spake,
And yet tears bring relief,
When else the heart would break.

Tears, tears may tell of pleasure,


Too sweet for words to show;
For the heart is like a measure—
Too full, ’twill overflow.

Then give, oh give me tears!—


For sorrow’s load they lighten—
And rainbow joy appears,
Amid their showers to brighten.
ROBERT MERRY’S

MUSEUM.

edited by

S. G. GOODRICH,

AUTHOR OF PETER PARLEY’S TALES.

VOLUME II.

BOSTON:
BRADBURY & SODEN,
10 School Street.
1841.
CONTENTS OF VOLUME II.

AUGUST TO DECEMBER, 1841.

The Siberian Sable-hunter, 1, 33, 69, 103, 156


The Wolf that pretended to be robbed, 7
Beware of Impatience, 8
Travels, Adventures, and Experiences of
Thomas Trotter, 8, 44, 74, 144
Sketches of the Manners, Customs, and
History of the Indians of America, 14, 54, 121, 135, 161
Lion Hunting, 16
Merry’s Life and Adventures, 17, 39, 65, 97, 149,
178
Toucan, 19
The Newfoundland Dog, 21
The Mysterious Artist, 24, 51
Peter Pilgrim’s Account of his Schoolmates,
Nos. 2 & 3, 27, 140
Egyptian Schools, 30
Varieties, 31
The Boy and the Lark,—a Song, 32
Origin of Words and Phrases, 43
Hymn, 50
Anecdote, 50
The Sparrow and Robin, 51
The Alligator, 60
Braham’s Parrot, 61
Mungo Park and the Frogs, 62
A Child lost in the Woods, 63
The Sun, 63
Autumn,—a Song, 64
Habit, 73
The Oak and the Reed, 80
Sincerity, 81
The Hyena, 84
Jewish Women, 84
Story of Philip Brusque, 85, 100, 130
An Incident from Ancient History, 89
Effects of Prohibition, 89
Saturday Night, 90
Oliver Cromwell, 92
Musings, 93
Anecdote of an Atheist, 94
Who made this? 94
Wisdom of the Creator, 94
Yankee Energy, 95
Who made Man? 95
Power of God, 95
The Bird’s Adieu,—a Song, 96
Wisdom of the Creator, 106
Washington, a Teacher to the Young, 107
The Poet and the Child, 111
The Ostrich, 112
What do we mean by Nature? 112
A Vision, 114
The Sun and Wind, 116
The Kamskatka Lily, 116
Habits which concern Ourselves, 117
Anecdotes of Haydn, 118
The Fox and Raven,—a Fable, 119
I don’t see why, 120
Charles and his Mother, 124
John Doree, 127
Letter to the Publishers, 127
Bees, 128
Up in the Morning early,—a Song, 128
London, 133
Aurelian and the Spider, 133
Exotic Fruit and Flowers in England, 134
Benevolence of the Deity, 134
The Rhinoceros, 137
Briers and Berries, 138
The Crows’ Court of Law, 138
The Story of the Supposed Miser, 139
The Mouth, 139
The Pilot, 148
A Little Child’s Joy, 151
The Mammoth, 152
Geordie and the Sick Dog, 152
The Tongue, 158
What is Selfishness? 159
A Thought, 159
Winter,—a Song, 160
A Long Nap, 171
Lord Bacon, 172
Habits which concern Others, 173
The Black Skimmer of the Seas, 175
The Squirrel, 176
Gothic Architecture, 177
The Apple,—a German Fable, 181
The Pretender and his Sister, 182
Winter, 183
The Hand, 184
Nuts to Crack, 185
To the Black-eyed and Blue-eyed Friends of 186
Robert Merry,
Winter,—a Song, 188

Entered, according to Act of Congress, in the year 1841, by S. G. Goodrich, in the Clerk’s
Office of the
District Court of Massachusetts.
MERRY’S MUSEUM.
VOLUME II.
The Siberian Sable-Hunter.

CHAPTER I.

In the northern part of Asia, there is a vast country called Siberia.


It is nearly destitute of mountains, and consists of a great plain,
stretching out to an immense extent, and being in many parts almost
as level as the sea. In some places it is barren and bare, but in
others it is covered with forests. Sometimes these are of pine, cedar,
hemlock, and other evergreens, and grow so thickly as to make it
difficult to pass between the trees.
Several great rivers cross this country, the chief of which are the
Irtish and Obi, the Yenisei, and the Lena. These are almost as large
as our great rivers of America. They flow from south to north, and
empty themselves into a wide sea called the Arctic Ocean.
Siberia is a cold and desolate region, where the summer is short,
and where winter reigns about two thirds of the year. There are few
towns or cities, especially in the north, and thus large portions of the
country are both uncultivated and uninhabited. There are vast tracts
given up to solitude, or visited only by wolves, bears, and other
savage animals, or are occasionally crossed by wandering parties of
Tartars, who are the chief inhabitants of the country, and who are
almost as wild as our American Indians.
This great country, which is more extensive than the whole of
Europe, and about three times as large as the entire territory of the
United States, belongs to Russia. It is under the government of the
emperor of that country, who, you know, reigns over a larger portion
of the earth than any other ruler.
It would seem that it could be no great advantage to hold
possession of such a cold and dreary land as Siberia; but yet it
produces a good deal of gold, silver, and copper, and the southern
portions, having a rich soil, yield vast quantities of grain. The Tartars
are fond of rearing horses and cattle, and so abundant are these
creatures in some places, that a horse sells for two dollars and a
half, and an ox for a dollar and a quarter! Oatmeal is sold for five
cents a bushel, and a man may live for ten dollars a year! But though
articles seem so very cheap, it must be remembered that a man
must labor for about four cents a day; so that, after all, he has to
work pretty hard for a good living.
But what I have been saying relates to the southern part of
Siberia, where the climate is milder and the soil rich; as you go
northward, the cold increases, and vegetation diminishes. At last you
come to a country where there are few people, and where, as I have
said before, the whole region seems to be given up to savage
animals. In the loneliness of the forests here, the wolf and bear roam
at their pleasure, being the sovereigns of the country. Yet it is in
these very regions that a great source of wealth is found—for here
are various animals which yield fine and beautiful furs. The most
celebrated and valuable are produced by a species of weasel, called
the sable—one skin of which sometimes sells for a hundred and fifty
dollars. Beside the sable, the black fox, whose skin sells for twenty
to seventy-five dollars, martens of two or three kinds, and other
animals, are found, which produce valuable furs; and it is to be
considered that it is the very coldness of the country which renders
the furs so excellent. Creatures living here have need of very warm
shirts and jackets, and nature, like a kind mother, takes good care of
her children. Considering that the animals of the north of Siberia live
among regions of snow and frost, where summer comes only for a
few weeks in the year, and winter holds almost perpetual sway, she
gives the sable, and the marten, and the fox, and even the wolf and
bear, such nice warm clothes, that kings and queens envy them, and
hunters are sent two thousand miles to procure these luxuries.
Thus it is that Siberia, after all, yields a great deal of wealth, and
the emperor of Russia therefore holds on to it with a greedy grasp.
But it is not for its productions alone that he holds it; for the emperor
has a large family—about fifty millions in Europe and Asia—and as
he is a hard master, some of them are pretty often rebellious; and to
punish them, he sends them to Siberia. This is a kind of prison,—
though a large one,—where those are banished who have incurred
the displeasure or dislike of his majesty. So numerous are these
exiles, that Tobolsk, one of the largest towns, and lying in the
western part of the country, is to a great extent peopled by them and
their descendants. It is about some of these exiles that I am going to
tell you a story.
A few years since, a Polish officer, by the name of Ludovicus
Pultova, was banished to Siberia, by Nicholas, the present emperor
of Russia. His offence was, that he had engaged in the struggle of
1830 to liberate Poland, his native country, from the tyranny
exercised over it by its Russian masters. The Poles had hoped for
aid in their efforts from other nations; but in this they were
disappointed, and they were overwhelmed by the power of the
emperor. Thousands of them fled to other lands, to escape the fate
that awaited them at home; others were shot, or shut up in
dungeons; and others, amounting to many hundreds, were sent to
Siberia.
The wife of Pultova was dead, but he had a son and daughter, the
first about eighteen years of age, and the other sixteen, at the time of
his banishment. It was no small part of his misery that they were not
permitted to accompany him in his exile. After a year, however, they
contrived to leave Warsaw, where they had lived, and, passing
through many dangers and trials, they at last reached their father at
Tobolsk.
This city is about as large as Salem in Massachusetts, and
consists of a fort and citadel, with numerous dwellings around them,
on a hill, and another portion on the low ground, bordering on the
river Obi. The people, as I have said before, are chiefly exiles, or
their descendants; and as it has been said that tyranny never
banishes fools, so the society embraces many persons of talent and
merit. Some of them, indeed, were celebrated for their genius, and
numbers of them were of high rank and character. But what must a
city of exiles be?—composed of people who have been separated
from their native land—from their homes, their relatives—from all
they held most dear; and that, too, with little hope of return or
restoration to their former enjoyments? Most of them, also, are
stripped of their property, and if they possessed wealth and
independence before, they come here to drag out a life of poverty,
perhaps of destitution.
Such was in fact the condition of Pultova. He was, in Warsaw, a
merchant of great wealth and respectability. When his countrymen
rose in their resistance, he received a military commission, and
distinguished himself alike by his wisdom and bravery. In the fierce
battles that raged around the walls of the city before its fall, he
seemed almost too reckless of life, and in several instances hewed
his way, at the head of his followers, into the very bosom of the
Russian camp. He became an object of admiration to his
countrymen, and of equal hatred to the Russians. When Warsaw fell,
his punishment was proportioned to the magnitude of his offence. He
was entirely stripped of his estates, and perpetual banishment was
his sentence.
It is not easy to conceive of a situation more deplorable than his,
at Tobolsk. The friends that he had there, like himself, were generally
oppressed with poverty. Some shunned him, for fear of drawing
down the vengeance of the government; for the chief officer of the
citadel was of course a spy, who kept a vigilant watch over the
people: and there are few persons, reduced to servitude and poverty,
who do not learn to cower beneath the suspicious eye of authority.
What could Pultova do? Here was no scope for his mercantile
talents, even if he had the means of giving them exercise. His
principles would not allow him to join the bands of men, who, driven
to desperation by their hard fate, took to the highway, and plundered
those whom they could master. Nor could he, like too many of his
fellow-sufferers, drown his senses in drunkenness. Could he go to
the mines, and in deep pits, away from the light of heaven, work for
three or four cents a day, and that too in companionship with
convicts and criminals of the lowest and most debased character?
Could he go forth to the fields and labor for his subsistence, where
the wages of a man trained to toil, were hardly sufficient for
subsistence?

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