MKC1200 Final: Week 11: Other Marketing Topics

53 views4 pages
Department
Course
Professor
Week 11 Other Marketing Topics
Explain the methods of digital marketing and its role in extended marketing mix
Describe the scope and marketing mix of social marketing
Understand the importance of effective marketing planning in achieving organisational objectives
Describe how to manage the implementation of a marketing strategy
Explain the role ongoing evaluation of marketing performance in the marketing cycle
CHAPTER 12: Digital marketing
Digital marketing - all of the activities involved in planning and implementing marketing in the
electronic environment
For consumers
o Advantages
No limitation by store opening hours or store location
Interact deeply with the organisation without dealing with an actual person
Control over the marketing interaction
Push advertising - sent from marketer to customer e.g. banner
advertisements on websites
Pull advertising - customer actively seeks it out e.g. opting in to
subscription email, SMS etc.
Easier access to and comparison of prices
o Disadvantages
Inability to physically examine the product before making the purchase decision
Security and privacy issues
For marketers
o Advantages
Access to the entire global market and more customers
Facilitate interactivity
o Disadvantages
Greater competition
Low rates of access
Payment issues
Digital marketing methods
Unlock document

This preview shows page 1 of the document.
Unlock all 4 pages and 3 million more documents.

Already have an account? Log in

Document Summary

Explain the role ongoing evaluation of marketing performance in the marketing cycle. Chapter 12: digital marketing: digital marketing - all of the activities involved in planning and implementing marketing in the electronic environment. For consumers: advantages, no limitation by store opening hours or store location. Interact deeply with the organisation without dealing with an actual person. Push advertising - sent from marketer to customer e. g. banner advertisements on websites. Pull advertising - customer actively seeks it out e. g. opting in to subscription email, sms etc. Easier access to and comparison of prices: disadvantages. Inability to physically examine the product before making the purchase decision. Security and privacy issues: advantages, access to the entire global market and more customers. Payment issues: digital marketing methods, how digital marketing affects the extended marketing mix. Customer relationship management (crm) - using information about customers to produce digital marketing experiences that create, build and sustain long-term relationships.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers

Related Documents