+150 Defferents Types Marketing Strategies Part 2
A right marketing strategy plays an important role in the success of a business. Every company chooses and spends a lot of money for the right marketing strategy to boost their sales. Powerful companies opt for more than one marketing strategies.
+150 Defferents Types Marketing Strategies Part 2
A right marketing strategy plays an important role in the success of a business. Every company chooses and spends a lot of money for the right marketing strategy to boost their sales. Powerful companies opt for more than one marketing strategies.
Benefits?
Right marketing technique increases the visibility of the product.
People become familiar with your product, thus, they start trusting you.
Marketing creates loyalty for the brand for both prospects and existing customers.
Marketing builds the credibility and authority of the brand in the market.
Effective marketing positions a brand as an expert in the market.
Motivates customers to move through the purchase decision making.
1. TRANSACTIONAL MARKETING
Transactional marketing is a marketing strategy that focuses on concluding a transaction or sale. The objective is to close the deal after reaching a point of sale.
2. TRADITIONAL MARKETING
It refers to any type of marketing that is not online. This means printing, broadcasting, direct mail, telephone, and outdoor advertising
3. TRADE MARKETING
A strategy focused on wholesalers, retailers and distributors rather than consumers, with the goal of increasing demand with supply chain partners.
4. TIME MARKETING
Marketing something at a certain time or within a particular time frame, it involves quick response to a customer query, moment based marketing.
5. TELEMARKETING
Direct marketing of goods or services to potential customers over the telephone or the Internet e.g. outbound calls, inbound calls, lead generation, and sales calls Example.
6. TECHNICAL MARKETING
Marketing that focuses on the key specifications and features of a product, used when a basic and general overview of a product wouldn't impress the target market!
