What Is Marketing? Types of Marketing 2020

What is Marketing?

Marketing Is the study and management of exchange realtionship. Marketing is the business process of creating realtionship with and satisfying customer. With it’s focus on the customer. Marketing is important component of expandable business. The intention of marketing is to showcase your Business to the audience.

Different Types Of Marketing

There are lots of way to market your business or service. And this different marketing strategy is used for different types of business. And It totally depends on your business and market place.

1. Personalization
2. Direct
3. Inbound
4. Cause
5. Realtionship
6. Cause
7. Guerrialla
8. Digital Marketing
9. Database
10. Multi-level.
11. Community
12. Diversity
13. International
14. Cross Media
15. Evangelism
16. Green
17. Geo
18. Proximity & Online Advertising
19. Next-Best Action
20. Time.
21. Shoppers
22. Razor & Blade Model
23. Marketing Community
24. Business Model
25. Ethical
26. Pyramid AcheSc
27. Yeild Management
28. Special edition
29. Customer advocacy
30. Seeding Trail.
31. Pitch Book
32. Movement
33. Project sucm
34. Consumer generated advertising
35. Visual Branding
36. Serect brand
37. Social Pull
38. Thread
39. Trusted-Based
40. Influencer marketing.

Principle’s Of Marketing

Price, Position, Promotion & Product. These are the 4Ps of Marketing. The Concept of this 4Ps was introduced in 1995s by Neil Borden.

Price :- The price matters a lot for a customer. And as a company you need to calculate the marketing cost, manufacturing cost, shipping or maintenance cost and then keeping the reasonable price for your customers.

Product :- Product is the item or items for which consumer consume and made by company, nature or industry. A good product is made my full-filling the need and demand.

Position/Place :- Position is where the brand or company stands at in there market and business. Place refers to the distribution of the merchandise. Key concerns embody whether or not the corporate can sell the merchandise through a physical storefront, online, or through each distribution channels

Promotion :- Promotion, the fourth P, refers to the integrated marketing communications campaign. Promotion includes a range of activities like advertising, selling, sales promotions, PR, direct marketing, sponsorship, and guerrilla selling.Promotions can vary depending on what stage of the merchandise life cycle the merchandise is in. Marketers understand that buyers associate a product’s value and distribution with its quality, and that they take this into consideration when making the general marketing strategy.

Different elements of marketing

Several part to think about once you are developing your marketing strategy.

Segmentation
Targeting and position
Promotional tactics
Monitoring and analysis
Marketing plan
Why is marketing Important?

Marketing is very important because it permits businesses to take care of long and present relationships with their audience. … Your audience needs to create a relationship along with your brand, and marketing is accustomed to do exactly that. Marketing is important because it helps you sell your product or services.

Different aspects of Marketing By Great Marketers

1) “The best marketing doesn’t feel like marketing.”
– Tom Fishburne.

2) “Content builds relationships. Relationships are built on trust. Trust drives revenue.”
– Andrew Davis

3) “Don’t be afraid to get creative and experiment with your marketing.”
– Mike Volpe

4) “ Marketing is really just about sharing your passion.” – Michael Hyatt

5) “Most of us have experienced wow moments. We just haven’t taken time to think deeply about them.” – Michael Hyatt