Marketing Myopia
Version 1.0.0 · Updated 2026-07-28
CORE DEFINITION
Marketing myopia is the tendency of businesses to define their market so narrowly as to miss opportunities for growth. It is suggested that businesses will do better in the long-term if they concentrate on improving the utility of a product or good, rather than just trying to sell their products.
SCAFFOLDING EFFECT
Reduce cognitive load
Marketing myopia is the tendency of businesses to define their market so narrowly as to miss opportunities for growth. It is suggested that businesses will do better in the long-term if they concentrate on improving the utility of a product or good, rather than just trying to sell their products.
Anchor fast decisions
Companies over-focus on the product itself rather than customer needs and value, mistakenly defining the industry as selling something rather than satisfying a need, and are ultimately disrupted.
MINIMUM ACTION
In progress 0/1Practice this model in one real situation:
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Source support: Explicit
- en.wikipedia.orghttps://en.wikipedia.org/wiki/Marketing_myopiaverified
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