In this video, McCarthy informs us with the basics marketing communications framework. You first want to start by determining a target audience, meaning marketers need to decide who to aim for in order for them to analyze whether or not the market is efficient. Next, you need to develop a communication objective"The process of conveying information to others utilizing
these elements: a source, a message, a channel of communication, a receiver,
and the processes of encoding and decoding"(Kerin Ch. 17). The next step is to develop a message. A message is critical for marketings because it is the vital information given to the source, which can be controversial. According to McCarthy, one must next pick their channels of communication,"this means (a salesperson, advertising media, or public
relations tools) of conveying a message to a receiver during the communication
process"(Kerin Ch. 18). With the last two, you must determine frequency and operate within a budget to be successful. These two final steps are only adequately efficient if the marketing team has successfully completed its precedent frameworks.
This brings us to Direct Marketing: "to provide a consistent
message across all audiences. The communication process conveys messages with
six elements: a source, a message, a channel of communication, a receiver, and
encoding and decoding. The communication process also includes a feedback loop
and can be distorted by noise"(Kerin, Ch. 18).
Direct Marketing adds value to is consumers and sellers: "The value of direct marketing
for consumers is indicated by its level of use. For example, 68 percent of them
have made a purchase by phone or mail, and 12 million people have purchased
items from a television offer. The value of direct marketing for sellers can be
measured in terms of three types of responses: direct orders, lead generation,
and traffic generation"(Kerin, Ch. 18).
Direct Orders: "the result of direct
marketing offers that contain all the information necessary for a prospective
buyer to make a decision to purchase and complete the transaction"(Kerin, Ch. 18).
- There are usually twelve types of responses given by consumers generated from direct marketing activities: "they are direct orders, lead generation, and traffic generation"(Kerin, Ch. 18).These forms of responses help marketers decipher what needs to be done in order to draw them closer.
This strategy helps marketers develop a strong organization-consumer bond, while also giving them the ability to use customization messages. With this, we can see that direct marketing helps make the five promotional alternatives.
Have a great day. Thanks a lot for reading!
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