Marketing strategies

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Marketing Strategies Information on three types of effective marketing approaches

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this is for my marketing class

Transcript of Marketing strategies

Page 1: Marketing strategies

Marketing Strategies

Information on three types of effective marketing approaches

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Three Types

OThe three approaches areOOnline marketingOTraditional marketing OWord of mouth

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Online MarketingO Consumer can view products at a

click O Cost effective for marketersO Different types of online marketing

O Performance MarketingO Banner Marketing O Email MarketingO Social Networking marketingO Affiliate marketing

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Performance Marketing

• Adding advertisements on search engines such as Google, so the company is only charged if someone clicks on it

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Banner Marketing

• This is not the most effective marketing as performance marketing

• Costly• Only effective if

banner is apart of performance marketing

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Email Marketing

• Very effective• Do not spam the

consumer• Send regular emails

with deals and new products

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Social Networking Marketing

• Facebook, MySpace, Twitter has given this form the a great deal of effectiveness

• Spreads the world faster then ever!

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Affiliate Marketing

• Allowing website owners advertise and promote your product on commission for every sale

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Traditional Marketing

OTypes of long term traditional marketingO PrintO Television and RadioO Press Conferences

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Print Marketing

EX. Newspaper, magazines, flyers, coupons, Billboards, yellow pages, posters

• Very effective

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Television and Radio

• Also very effective because if someone is watching their favourite show, they would stay turned and watch advertisements till the show airs again.

• Target audience by playing advertisement at a specific time of the ay

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Press Conferences,

demo`s, samples

Great way to promote new products, bands, music, clothing line, etc

Ex. Photoshop trial offers first hook you with the program and then you want to buy it

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Word of Mouth Marketing

OPeople trust their family and friends on their review of a product or service

OCan be done anywhere, at anytimeOCost effective (no or low cost)

O Companies can hire or pay websites to advertise their product

OOnline, review websites help a potential customer buy