Chapter 10 Alternate Marketing Strategies
Chapter 10 Alternate Marketing Strategies
Chapter 10 Alternate Marketing Strategies
MARKETING
MANAGEMENT
• Product • Process
• Place • People
• Price • Physical
• Promotion Environment
– personal selling (Ethics)
– advertising
– sales promotion
– direct marketing
– public relations & media
A Commercial Magazine
Articles
Blog
E-mail marketing
Search Engine marketing
Banner advertisements
Pay-per-clicks
Pop-up ads
Product
Website
Web-hosting
Contents
Capital
Target Market
Products
Physical products
Resale Right products
Services
Digital products
Niche Markets;
Personalized gifts
Demographic markets
Self-Helps
Specialized products or services
But is it mainstream or is it
limited to peripheral, niche,
small target segment marketing
communications only ?
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Viral example: YouTube
Customers
participate by
distributing
the ads
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Viral Marketing
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Viral Marketing –
arguments for
• effortless transfer to others
• scale-able - small to large
• triggers common motivations & behaviours
• uses
– existing communication & social networks
– the resources of others
• give away products/services, incentives e.g. vouchers
• don't consider the “referral” as an “opt-in”
• personalize the referral email or sms
• track & analyze results
• promote friendly referrals continually
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Stealth (undercover) Marketing
4-6 :
20%
2-3 People: 49%
Source & reliability of data
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HERE
Guerrilla Marketing tactics
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YOUR FUTURE BEGINS HERE