2. What is marketing?
Marketing is what
you say and how you
say it when you want
to explain how
awesome your
product is and why
people should buy it
3. Continue….
Marketing is a role that helps a company to identify and
source potentially successful products for the marketplace and
then promote them by differentiating them from similar
products. Typical marketing function types within a larger
business might include performing market research,
producing a marketing plan, and product development, as
well as strategically overseeing advertising, promotion,
distribution for sale, customer service and public relations.
4. Market research
Market research is any
organized effort to gather
information about
target markets or
customers. It is a very
important component of
business strategy.
5. Target market
A target market is a group
of customers towards which
a business has decided to
aim its marketing efforts
and ultimately its
merchandise. A well-defined
target market is the
first element to a
marketing strategy.
6. Marketing plan
A marketing plan is a
comprehensive
blueprint which
outlines an
organization's
overall marketing
efforts.
8. Continue…
Products/Services: How can you develop your products or services?
Prices/Fees: How can we change our pricing model?
Place/Access: What new distribution options are there for customers to
experience our product, e.g. online, in-store, mobile etc.
Promotion: How can we add to or substitute the combination within paid,
owned and earned media channels?
Physical Evidence: How we reassure our customers, e.g. impressive
buildings, well-trained staff, great website?
People: Who are our people and are there skills gaps?
Partners: Are we seeking new partners and managing existing partners
well?.
9. Purpose of marketing
Marketing involves promoting a
product or service to the customer in
hopes of creating a recognized brand
and increasing company revenue.
there are four core objectives to
implementing a successful marketing
campaign for your business:
Engage with Target Audience
Drive Traffic, Leads, and Sales
Prove Industry Expertise
Build Brand Awareness