Marketing myopia is a phenomenon where companies have a narrow-minded marketing approach and focus on one marketing attribute instead of long-term goals. It can strike when companies mass produce without understanding demand, focus more on selling than building customer relationships, or predict growth without proper research. Examples of companies suffering from marketing myopia include Nokia losing smartphone market share to Android, Hollywood not capitalizing on the television market and losing to Bollywood, Yahoo losing to Google's search engine dominance, and Kotak losing digital camera market share to Sony.
Marketing myopia is a phenomenon where companies have a narrow-minded marketing approach and focus on one marketing attribute instead of long-term goals. It can strike when companies mass produce without understanding demand, focus more on selling than building customer relationships, or predict growth without proper research. Examples of companies suffering from marketing myopia include Nokia losing smartphone market share to Android, Hollywood not capitalizing on the television market and losing to Bollywood, Yahoo losing to Google's search engine dominance, and Kotak losing digital camera market share to Sony.
Marketing myopia is a phenomenon where companies have a narrow-minded marketing approach and focus on one marketing attribute instead of long-term goals. It can strike when companies mass produce without understanding demand, focus more on selling than building customer relationships, or predict growth without proper research. Examples of companies suffering from marketing myopia include Nokia losing smartphone market share to Android, Hollywood not capitalizing on the television market and losing to Bollywood, Yahoo losing to Google's search engine dominance, and Kotak losing digital camera market share to Sony.
Marketing myopia is a phenomenon where companies have a narrow-minded marketing approach and focus on one marketing attribute instead of long-term goals. It can strike when companies mass produce without understanding demand, focus more on selling than building customer relationships, or predict growth without proper research. Examples of companies suffering from marketing myopia include Nokia losing smartphone market share to Android, Hollywood not capitalizing on the television market and losing to Bollywood, Yahoo losing to Google's search engine dominance, and Kotak losing digital camera market share to Sony.