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The American Marketing Association’s New

Definition of Marketing: Perspective and


Commentary on the 2007 Revision
Gregory T. Gundlach and William L. Wilkie

In a follow-up to the fall 2007 special section of Journal of Public Policy & Marketing that examined
implications of the American Marketing Association’s (AMA’s) 2004 definition of marketing, the
authors examine the AMA’s revision of its definition—the new 2007 definition of marketing. The
article first describes the concerns about the 2004 offering and then traces the process taken by the
AMA to consider these issues and revise the definition. The authors conclude that the new definition
addresses many of the major issues with the 2004 definition that had been identified by scholars
contributing to the special section. They highlight several positive qualities of the new definition and
describe how these attributes have the capacity to enhance marketing scholarship and practice into
the future.

Keywords: marketing, definition, American Marketing Association

n 2004, the American Marketing Association (AMA) effort to facilitate and encourage interaction and dialogue

I issued a new official definition for the marketing field,


one that modified and replaced the definition issued
nearly 20 years earlier, in 1985.1 In 2004, the AMA’s defi-
pertaining to the definition.4
Academic discourse on the existing definition culminated
in a special section of the fall 2007 issue of Journal of Pub-
nition of marketing read as follows: lic Policy & Marketing (JPP&M) titled “The American
Marketing Association’s 2004 Definition of Marketing:
Marketing is an organizational function and a set of processes
Perspectives on Its Implications for Scholarship and the
for creating, communicating, and delivering value to customers
and for managing customer relationships in ways that benefit Role and Responsibility of Marketing in Society,” invited
the organization and its stakeholders. by Editor Ron Hill. The special section presented nine
essays by scholars in the field of marketing, some of whom
The 2004 definition generated considerable interest (both had spoken at the special conference sessions and others
positive and negative) on the part of scholars and practition- who submitted contributions in response to the published
ers. Apart from commentary by practitioners, several schol- call for papers.5 Although the essays reflected varying per-
ars expressed their views informally as well as more for- spectives and included positive assessments of some ele-
mally through dialogue held at a series of well-attended ments of the 2004 definition, several common concerns
special sessions at three major AMA conferences2 as well were identified in the contributions contained in the special
as non-AMA conferences.3 Some academics also communi- section (see Gundlach 2007).
cated privately with relevant stakeholders in the AMA in an Prominent among these concerns was the notion that the
2004 definition characterized marketing as overly narrow in
1The AMA’s 1985 definition defined marketing as “the process of plan-
its domain and perspective. In particular, some contributors
ning and executing the conception, pricing, promotion, and distribution of expressed their concern that defining marketing narrowly
ideas, goods, and services to create exchanges that satisfy individual and
organizational goals.” as an “organizational function and a set of processes”
2These special sessions included the 2005 Marketing and Public Policy excluded from the domain of marketing both its systematic
Conference (Gundlach 2005), the 2006 AMA Winter Educators’ Confer- and its aggregative features, as well as the institutions,
ence, and the 2007 AMA Summer Educators’ Conference. actors, and processes beyond the organization that have
3For example, a symposium, Does Marketing Need Reform? hosted by
Jagdish Sheth and Raj Sisodia and sponsored by the McCallum Graduate
School of Business, Bentley College, was held August 9, 2004, in Boston. definition (e.g., essays by Grove, John, and Fisk 2006; Gundlach 2006;
Essays based on the symposium appear in a book by the same title, edited Wilkie 2006). In addition, commentary can be found in Lusch and Vargo
by Sheth and Sisodia (2006). Many contain commentaries on AMA’s 2004 (2006) (e.g., essays by Laczniak 2006; Lehmann 2006; Levy 2006; Wilkie
and Moore 2006).
4Three of these people—Shelby D. Hunt, William L. Wilkie, and Debra
Gregory T. Gundlach is Coggin Distinguished Professor of Marketing,
J. Ringold (as AMA chairperson)—were especially involved in the facili-
Department of Marketing & Logistics, University of North Florida, tation of this process.
and Senior Research Fellow, American Antitrust Institute, Washing- 5Edited by Gregory T. Gundlach (2007), the special section contributors
ton, D.C. (e-mail: ggundlac@unf.edu). William L. Wilkie is Nathe included Debra J. Ringold and Barton A. Weitz, Robert F. Lusch, William
Professor of Marketing, College of Business, University of Notre L. Wilkie and Elizabeth S. Moore, Shelby D. Hunt, George M. Zinkhan
and Brian C. Williams, David Glen Mick, Clifford J. Shultz II, and Jagdish
Dame (e-mail: wwilkie@nd.edu).
N. Sheth and Can Uslay.

© 2009, American Marketing Association Journal of Public Policy & Marketing


ISSN: 0743-9156 (print), 1547-7207 (electronic) 259 Vol. 28 (2) Fall 2009, 259–264
260 AMA’s New Definition of Marketing

long been recognized to be vital parts of marketing. Defin- The Process of Change
ing marketing in a way that captured all the constituents
The AMA’s 2007 definition of marketing is the eventual
involved in marketing was considered essential to any defi-
outcome of work by an ad hoc subcommittee to review the
nition. An inclusive marketing definition was also consid-
2004 definition, appointed in May 2006 by Mike Lotti, then
ered important given the considerable historical body of
chairman-elect of the Board of Directors of the AMA and
academic marketing scholarship that focused on marketing
chairman of the Governance Committee.7 According to
systems, as well as the current scholarship being undertaken Lotti and Subcommittee Chair Donald Lehmann (2007), the
by researchers studying various elements of the impacts of committee, comprised of representatives from both acade-
marketing in society. From a more practical perspective, mia and practice, began the review process by establishing
some contributors also questioned whether, in the face of an three critical goals for the review and potential revision of
increasingly complex and challenging world, the 2004 defi- AMA’s definition of marketing: transparency, broad partic-
nition appropriately addressed marketing’s role and respon- ipation, and continuity. To accomplish these goals, the
sibility in society in ways that could adequately inform and committee took into account the input of a broad cross-
provide guidance to marketing practitioners and others section of the AMA association membership (Lotti and
interested in this field. In other words, the essays contained Lehmann 2007).
in the special section offered provocative observations As part of this process, two Internet surveys of AMA
about the AMA’s 2004 definition of marketing and members were conducted (Keefe 2008). In addition, some
advanced insightful perspectives on its implications for committee members attended marketing events to listen to
scholarship and the role and responsibility of marketing in presentations and network with marketers to gain feedback
society. on the 2004 definition and report on all the activities that
Although the precise impacts of the conference sessions, the term “marketing” appeared to encompass (Keefe 2008).
book chapters, JPP&M special section essays, and other The committee’s process was furthered by publication of
activities in motivating AMA to revisit its 2004 version are the review and encouragement of AMA members to pro-
unknown, the process of reviewing and then revising the vide input through feedback through AMA’s publication
definition began, culminating in the adoption of a revised Marketing News and the e-mail surveys to members (Lotti
official definition in late 2007.6 The new 2007 AMA defini- and Lehmann 2007).
tion is as follows: The first of the two Internet surveys, created by Jimmy
Marketing is the activity, set of institutions, and processes for
Peltier, was sent to 20,116 AMA members on March 7,
creating, communicating, delivering, and exchanging offerings 2007. It asked members to review the 2004 definition and
that have value for customers, clients, partners, and society at indicate what they liked best about it and what, if anything,
large. they would change (Keefe 2008). The survey generated
2500 responses (12.4% response rate) and provided valu-
Whether AMA’s new definition now adequately reflects able input to the committee (Keefe 2008). According to
the field of “marketing” is a worthy issue to address. In this then-Chairman Lotti and Committee Chair Don Lehmann
short essay, focusing on the aspirations advanced by schol- (2007), the committee had the option to affirm the 2004
ars for a definition of marketing that (1) is inclusive of the definition or produce a revised one, and it chose to revise
larger domain of marketing, (2) adequately captures the the definition on the basis of member input.
alternative perspectives of those who occupy this domain, A second survey, sent out on May 16, 2007 to 20,006
(3) reflects extant scholarship in the academic field of mar- members, offered a draft of a revised definition of market-
keting, and (4) adequately informs and provides guidance to ing and asked for feedback regarding the wording of the
marketing practitioners and others as to marketing’s role revision (Keefe 2008).8 Included in the introduction was a
and responsibility in society, we examine the definition of fairly detailed rationale from the committee for the modifi-
marketing proposed by AMA in 2007. In our examination, cations (Wilkie and Moore 2007). The subsequent mail sur-
we first report on the process employed for its development vey received 1024 responses (5.1% response rate) and pro-
and then reflect on its ambit and content. vided further input to the committee (Keefe 2008).

6Explanations seemingly differ as to the impetus for the AMA’s deci- 7The committee, comprised of both academics and practitioners,
sion to undertake a review of its 2004 definition only two years after its included Shelby Hunt (Texas Tech University—at-large member), Don
announcement. According to Wilkie and Moore (2007, p. 274), the deci- Lehmann (Columbia University—committee chair), Wayne McCullough
sion was made in response to concerns about the process by which the (Daimler-Chrysler—at-large member), Jimmy Peltier (University of Wis-
2004 definition was reached and promulgated—in particular, ad hoc consin, Whitewater—collegiate chapters council), Ric Sweeney (Univer-
changes by AMA leadership to the original committee’s proposed 2004 sity of Cincinnati—professional chapters council), Joan Treistman
definition (“In response to the process issues, the AMA developed a new (M/A/R/C Research—marketing research council), William Wilkie (Uni-
and more transparent procedure for reviewing and prospectively revising versity of Notre Dame—at-large member), Becky Youngberg (American
both the official definition and the AMA’s code of ethics for marketing.”). Marketing Association), and George Zinkhan (University of Georgia—
According to Keefe (2008, p. 29), a five-year review cycle for AMA defi- Academic Council) (Lotti and Lehman 2007).
nitions was decided on during its review leading up to the 2004 definition 8That definition captured marketing as follows: “Marketing is the activ-
(“At that time, the board decided to set a schedule that would require a ity, conducted by organizations and individuals, that operates through a set
review of the definition every five years and create a formal process for of institutions and processes for creating, communicating, delivering, and
doing so”). Others suggest the impetus for change arose from concerns exchanging market offerings that have value for customers, clients, mar-
with the content of the definition (Gundlach 2007). keters, and society at large.”
Journal of Public Policy & Marketing 261

As Wilkie and Moore (2007) and Keefe (2008) report, 4. The 2004 definition included “creating, communicating, and
several elements of the two surveys’ results are illuminat- delivering,” but not “exchanging.” Exchange was a central
ing. In the first (March 2007) survey, findings included the construct of the 1985 definition. The 2007 definition thus
following: captures this historical focus of marketing. Because the 2007
definition reads “creating, communicating, delivering, and
(1) More than 2500 AMA members responded to the survey, a exchanging,” however, while it acknowledges that exchange
strong indication of interest in this subject; (2) overall, reaction continues to be an important part of marketing, it does not
to the 2004 definition was mildly positive on average (3.4 on a make it the central focus.
5-point scale) but mixed: 7% rated it as “very good,” and 46% 5. The 2004 definition included “value” but left the concept
rated it as “good,” but 23% rated it as “very poor;” (3) a direct ambiguous. Indeed it may be argued that organizations do
comparison was requested for the 2004 definition versus the not “create” value at all. We focus on market offerings (i.e.,
1985 version. The 2004 definition emerged as the winner: “ideas, goods, and services,” as the 1985 definition put it)
“much better” by 28% and “better” by 30% versus “much bet- that have value (to someone).
ter” by 8% and “better” by 21% for the 1985 definition; and (4) 6. The 2007 definition maintains that organizations create,
in addition, many respondents provided extended open-ended communicate, deliver, and exchange “market offerings that
responses critiquing the definition and providing their sug- have value,” which clarifies what, specifically, is being cre-
gested inputs. (Wilkie and Moore 2007, p. 274) ated (i.e., market offerings).
Based on the responses, members liked the way the then- 7. The 2004 definition indicated that organizations create
current definition (as was approved in 2004) incorporated terms “value to customers and for managing customer relationships
like “value,” “processes,” “relationships,” “set” and “organiza- in ways that benefit the organization and its stakeholders.”
tional function.” On the other hand, in terms of changes they However, marketing creates market offerings that have value
would make (either additions or deletions) the top vote-getters to those who are not “customers.” Also, “managing customer
were “transaction,” “user,” “organizational function,” “organi- relationships” inappropriately elevates the strategy of “cus-
zation,” “definition,” “processes” and “stakeholder.” Interest- tomer relationship management” to such prominence that
ingly, at least as many people seemed to dislike the word “orga- this one, particular, strategic thrust becomes a part of the
nizational” as liked it. (Keefe 2008, p. 29) very definition of marketing.
8. The 2007 definition maintains that market offerings have
In the second (May 2007) survey, respondents were told value for “customers, clients, marketers, and society at
that the results of their comments and committee discus- large.”
sions led to the following revised definition: a. Adding “clients” acknowledges that nonprofit institutions
such as the United Way and the Girl Scouts engage in
Marketing is the activity, conducted by organizations and indi- marketing. Such organizations do not see themselves as
viduals, that operates through a set of institutions and processes having “customers.” Rather, they have clients.
for creating, communicating, delivering, and exchanging mar- b. Adding “marketers” acknowledges that those organiza-
ket offerings that have value for customers, clients, marketers, tions and individuals that do the marketing benefit from
and society at large. the created, communicated, delivered, and exchanged mar-
Through inclusion of its rationale for proposing a revision ket offerings.
c. Adding “society at large” incorporates the 2004 defini-
to the 2004 definition, the committee provided insight into
tion’s concept of “stakeholders” and acknowledges the
its findings.9 As Wilkie and Moore (2007, p. 275) report, aggregated nature of marketing across competing organi-
these findings include the following: zations that impels innovations, improvements, and price
1. The phrase “Marketing is an organization function” in the competition. Creating market offerings that have value
2004 definition was seen to be too strongly associating mar- benefits society, as do communications about, and the
keting with a departmental “company silo.” Since it is limit- delivery of, marketing offerings. In short, the practice and
ing, we dropped the term “organizational function.” activity of marketing benefits society.
2. The 2007 definition substitutes “Marketing is the activity,
Although detailed results of the second survey were not
conducted by organizations and individuals,” which recog-
nizes that marketing is an “action word.” That is, marketing released by the AMA, according to Wilkie and Moore
is something that organizations (including both formal mar- (2007), member reactions to the 2007 proposed definition
keting departments and others in organizations), as well as were positive, with many respondents sharing suggestions
individuals (e.g., entrepreneurs and consumers), engage in or for improvements.
do. Thus, the definition points out who (i.e., organizations With their research and the survey results in hand, in
and individuals) actually conducts (i.e., guides or directs) the June of 2007, members of the AMA Governance Commit-
activity called “marketing.” tee brought their 2007 proposed definition before the AMA
3. The 2004 definition included the phrase “a set of processes,” Board of Directors (Keefe 2008). After formal considera-
but is ambiguous as to who is engaged in the processes. The
tion of the new definition, the board failed to approve the ad
2007 definition substitutes “a set of institutions and pro-
cesses,” which acknowledges that institutions such as manu- hoc subcommittee’s recommended definition, instead pro-
facturers, wholesalers, retailers, and marketing research viding comments for changes and requesting that the sub-
firms are an important part of marketing. The phrase “institu- committee submit another revised definition for further
tions and processes” implies that marketing systems such as consideration. The subcommittee subsequently revised its
channels of distribution are a part of marketing as are social original proposed 2007 definition and submitted a revised
processes (e.g., regulations and norms). version of it to the board. The board’s feedback resulted in
minor changes to the definition (Keefe 2008). The revision
9We recognize Shelby D. Hunt for the primary elements of this dropped the words “conducted by organizations and indi-
rationale. viduals, that operates through” and “marketing.” Thus, the
262 AMA’s New Definition of Marketing

subcommittee’s revised 2007 version of its proposed defini- cern and distinguish it in ways that are common to members
tion read as follows: of the field it represents and supported by their consensus.
Examined against the major goals of the scholars who
Marketing is the activity, set of institutions, and processes for
creating, communicating, delivering, and exchanging offerings
contributed to JPP&M’s special section, much can be said
that have value for customers, clients, marketers, and society at for AMA’s new definition. These goals include that any
large. definition of marketing should (1) be inclusive of the larger
domain of marketing institutions, actors, and individuals
Subsequently, but before its June 30 deadline, the board involved in marketing; (2) capture the varying perspectives
did not reach a quorum of votes on a resolution that asked of these constituents; (3) reflect extant scholarship in the
whether to adopt the subcommittee’s resubmission (Gund- field of marketing; and (4) address the role and responsibil-
lach 2007). However, at its October 2007 meeting, the ity of marketing in society. Defining marketing as an
AMA Board of Directors voted to approve the subcommit- “activity, set of institutions, and processes” captures the
tee’s revised 2007 definition as the new 2007 definition of larger domain of marketing beyond the firm and reflects its
marketing (Lotti and Lehmann 2007). systemic nature. It acknowledges that the field of marketing
On December 17, 2007, the AMA announced its new includes (1) the activities of individuals (marketers and
2007 definition of marketing in a letter communicated to consumers) and organizations (e.g., manufacturers, whole-
the AMA Academic Council and subsequently published it salers, retailers, advertising agencies, distributors, market-
on the AMA Web site. It also announced the new definition ing research firms), (2) the institutions that both individu-
through its December 24, 2007, edition of ELMAR, the ally and collectively help facilitate and govern these
AMA’s electronic messaging board. A subsequent 2008 activities (e.g., governmental agencies, legislators, courts,
article in Marketing News by then-Editor Lisa Keefe show- professional associations, social norms, ethics and individ-
cased the new 2007 definition and the process leading to its ual values), and (3) the various processes that result from
proposal and adoption (Keefe 2008). The 2007 definition of these activities (e.g., networks, systems, markets, channels
marketing is now available on AMA’s Web site (see http:// of distribution, communication flows, consumer pro-
www.marketingpower.com/AboutAMA/Pages/Definitionof cesses).10 Defining marketing to include activities, institu-
Marketing.aspx). tions, and processes also captures more fully the perspec-
In reflecting on the important substantive changes in the tives of those involved in marketing. It expresses that the
2007 definition of marketing, then–AMA Chairman perspectives of those engaged in its activities, held by its
Michael A. Lotti noted its “very inclusive” nature and that institutions, and captured through its processes are a part of
“it also recognizes explicitly the roles of non-marketers to marketing. Finally, defining marketing to “have value for
the marketing process, whether they are the customer, chan- customers, clients, marketers, and society at large”
nel partner or government agencies who regulate market- addresses the role and responsibility of marketing in soci-
ing” (Keefe 2008, p. 29). Lotti further noted that under the ety. It expresses that marketing does and should have value
new definition, “marketing is also a science, an educational not only for customers and the firm but also for others,
process [and] a philosophy, not just a management system” including society at large. In meeting these goals, the
(Keefe 2008, p. 29). Reflecting similar sentiments, Com- AMA’s 2007 definition of marketing has the capacity to
mittee Chairperson Donald Lehmann observed that market- enhance marketing scholarship and practice into the future.
ing was now defined “broader than the company” and that
the new definition “allows that one can market something The Aggregate Conception of Marketing
either to do good or to take into account to some extent By including the larger domain of marketing (i.e., an aggre-
society at large” and that “its not the exchange of money for gate conception of marketing), the new definition will help
only the shareholder welfare” (Keefe 2008, p. 29). those who use it recognize the true scope and significance
of marketing (see, e.g., Wilkie and Moore 1999). The domi-
Perspective and Commentary nant focus of marketing thought has increasingly narrowed
in scope over time as an emphasis on managerial marketing,
As Gundlach (2007) explains, the importance of a defini- and scientific research methods have come to dominate
tion for the field of marketing cannot be overstated. Stand- marketing scholarship and practice (Wilkie and Moore
ing alone, the definition explicates the scope and content of 2003). Defining marketing at an aggregate level helps
that which it defines, fixing its boundaries, describing its reveal the added presence and contribution of the many
subject matter, and capturing its varying perspectives. Fur- activities, institutions, and processes of marketing beyond a
thermore, a formal definition by a leading professional single firm and its managers that constitute its domain.
organization, such as the AMA, is important given that it Adopting an aggregate conception of marketing also
can provide an authoritative statement of meaning that holds the prospect of opening marketing to further expan-
attaches to and explains the nature and essential qualities of sion of its scholarship and practice. For scholarship, an
marketing. In application, such a definition can provide aggregate conception of marketing permits expanded analy-
clarity and direction to others, including students, scholars, ses of topics not easily captured with a focus on a single
practitioners, members of other disciplines, public policy firm. Adopting the larger domain of marketing can also
makers, and the public at large, making clear what might be enhance instruction (at all levels). For practice, adoption of
otherwise obscure and indefinite. A consensus definition by
such an organization also has the capacity to enhance com- 10We are indebted to Shelby D. Hunt for an elaboration of these
munication and understanding of marketing by helping dis- examples.
Journal of Public Policy & Marketing 263

a wider definition of marketing allows for an expanded management but the other subdisciplines of marketing
analysis of marketing activities, institutions, and processes thought as well. It paves the way for thoughtful deliberation
in ways that not only can affect a single marketer’s perfor- of definitions of these subfields, including “marketing man-
mance but also may help the marketer identify opportuni- agement” and “marketing and society,” among others.11 It
ties for new undertakings. Finally, the adoption of a defini- also positions marketing thought and practice for the future
tion that includes the aggregative aspects of marketing by equipping scholars and practitioners with the capacity to
holds the prospect of expanding the points of contact that address the ever increasing complexity of marketing.
marketing can have with other disciplines. For the AMA, the new definition helps demonstrate the
leading professional association’s commitment to all those
An Inclusive Perspective of Marketing involved in marketing. The new definition better positions
By being inclusive of the perspectives of entities that the AMA to address “responsibility”-oriented questions
occupy the aggregate domain of marketing, the new defini- regarding the role and responsibility of professional asso-
tion will also help demonstrate marketing’s dependence and ciations that have surfaced in other disciplines (e.g.,
commitment to entities beyond the firm and its managers. accounting, finance). The definition also helps the AMA
Defining marketing as inclusive of these other perspectives better represent actual “marketing” through the activities
does not limit its focus to managerial concerns but instead and services it provides. Finally, the definition can aide the
helps position marketing as inclusive of and sensitive to AMA in furthering its role as a “thought leader” by encour-
other viewpoints and interests. Recognition of alternative aging an encompassing view of marketing for scholarship
viewpoints and potentially different perspectives is impor- and practice.
tant for anyone involved in marketing.
The inclusion of added perspectives for marketing also Conclusion
holds the prospect of opening marketing to further expan- In our view, in 2004, the AMA made an unfortunate deci-
sion of its scholarship and practice. Additional viewpoints sion to narrowly define marketing as a managerial activity
can facilitate enhanced understanding of marketing issues focused totally on, and essentially conducted for, the bene-
in ways that otherwise might not be identifiable or obtain- fit of the firm (and the firm’s definition of “its stakehold-
able when viewed solely from the internally driven perspec- ers”12). It was our reaction and that of many others that the
tive of a firm. Multiple perspectives are also likely to help AMA’s 2004 definition was actually a definition of “mar-
yield higher-quality solutions to these issues that are more keting management,” not of the larger field of marketing
broadly accepted by others. itself. Several thoughtful scholars agreed with our reaction
and discussed the need for change at AMA conferences and
Roles, Impacts, and Responsibilities of in a special section of JPP&M. Many additional thoughtful
Marketing members of the field listened to or read these positions and
The new definition also provides guidance to those registered their views as well. It is important that the field
involved in marketing. By defining marketing to provide realizes the crucial role of its infrastructure for thought
value for customers, clients, marketers, and society at large, development (e.g., conferences, e-mail, journals—espe-
the new definition implies that the role and responsibility of cially JPP&M in this instance) in facilitating this inter-
marketing is to provide value broadly. These requirements action and reflection.
should help marketing managers understand more fully the In a relatively short period (three years), the AMA trans-
implications of their practices by exposing them to the formed its definition to an inclusive view of marketing that,
scrutiny of those in occupying domains and holding per- while still recognizing the central role of managerial prac-
spectives beyond the firm. The definition may help mar- tices, also recognizes the larger domain and perspectives of
keters avoid or curtail practices that do not provide such others in the field, as well as marketing’s broader role and
value. It may also reveal opportunities for competitive responsibility to offer value for customers, clients, partners,
advantage that otherwise might not be identifiable through and society at large. In doing so, the AMA has well
a more narrow conception of value. In addition, the defini- reflected its position as the leading professional organiza-
tion’s aggregate view of marketing and its systemic proper- tion in the field. It has made not only an important state-
ties easily translates into conceptions of markets and people ment about marketing and its values but also an important
being affected by marketers’ actions. In this way, the roles, commitment to inspire those values among others. We
impacts, and responsibilities of marketing are more readily applaud the efforts of all those involved in this central issue
understood as an intrinsic and important issue for study in for the field.
the field.

Overall 11We express our appreciation to Robert F. Lusch for this thoughtful
observation.
More generally, by defining marketing to be inclusive of 12A discussion of the “stakeholder” concept in relation to marketing and
the larger domain of marketing and to more fully capture society is scheduled to appear in the Spring 2010 JPP&M special section
the perspectives of all those involved in marketing, the new “Stakeholder Marketing: Beyond the Four Ps and the Consumer,” edited
definition positions the discipline to have greater impact by C.B. Bhattacharya (Boston University). The JPP&M special section
is outgrowth of the Stakeholder Marketing Consortium (http://stake
overall and into the future. Importantly, it dissuades the holder.bu.edu), a collaborative project between the Aspen Institute’s Busi-
view that marketing is only a managerial technology by ness and Society Program and Boston University and supported by the
ensuring a broadened view that includes not only marketing Marketing Science Institute.
264 AMA’s New Definition of Marketing

Levy, Sidney J. (2006), “How New, How Dominant,” in The


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