What are the 7 ways of Marketing ?
Updated: Mar 29, 2024, 13:36 IST
There are two main interpretations of "7 ways of marketing":
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The Marketing Mix (7 Ps): This framework focuses on the controllable elements that affect how a product or service is presented to the market. It's a classic approach used to develop a marketing strategy. The 7 Ps are:
- Product: The features and benefits of what you're selling.
- Price: The cost assigned to your product or service.
- Promotion: How you communicate your message and persuade customers.
- Place: Where you sell your product or service (physical or online channels).
- People: The human element involved in delivering your product or service (customer service, sales team).
- Physical Evidence: The tangible aspects of your brand like packaging or a store's atmosphere.
- Processes: The systems and procedures used to deliver your product or service consistently.
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Marketing Techniques: These are specific methods used to execute your marketing strategy. There are many techniques, but some common ones include:
- Content Marketing: Creating valuable content to attract and engage your audience.
- Social Media Marketing: Using social media platforms to connect with your audience and promote your brand.
- Search Engine Optimization (SEO): Optimizing your website and content to rank higher in search engine results.
- Email Marketing: Building an email list and sending targeted messages to nurture leads and promote products.
- Pay-Per-Click (PPC) Advertising: Running ads on search engines or social media platforms where you only pay when someone clicks on your ad.
- Public Relations (PR): Generating positive media coverage for your brand.
- Affiliate Marketing: Partnering with other businesses to promote your products or services in exchange for a commission on sales.
Remember: The most effective marketing strategies will likely incorporate a variety of these techniques depending on your specific goals and target audience.