Phillip Kotler on Marketing 3.0

Late last week, Guy Kawasaki was all-atwitter (and otherwise) with Phil Kotler's description of Marketing 3.0. He even included a picture of the slide Phil used. If you are like me and found Guy's shot a little hard to read, here's the original and a brief comment about it from the marketing guru himself.

My colleagues and I believe that Mktg 1.0 represented an effort to establish the superior performance of a product ("Tide cleans better," "Volvo is safety,")  In Mktg 2.0, marketing added an emotional dimension to strengthen its appeal to prospective customers.  We are entering Mktg 3.0 where marketers are adding a human spirit dimension.  Mktg 1.0 and 2.0 is how about a product or offering will serve you.  Mktg 3.0 is how a product and its company are sensitive to social and economic issues that are a concern to everyone.  Companies that conduct themselves ecologically and create real value that aligns with the social good will be competitively favored.  The new media will increasingly carry more favorable statements about "caring" companies" and this will influence the buying choices of more consumers.

My thanks to Phil for the slide and the comment. There will be more to come in Philip Kotler, Hermawan Kartajaya and Iwan Setiawan, Mktg 3.0: From Products to Customers to the Human Spirit to be published by John Wiley in April 2010.