This report provides an overview of practical digital marketing, its explanation, communication mix, benefits, and drawbacks. It explains the importance of promotion mix and where digital marketing fits within the communication mix. The report also provides recommendations for promoting products and services in the market.
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Practical Digital Marketing
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Table of Contents INTRODUCTION..........................................................................................................................3 TASK...............................................................................................................................................3 CONCLUSION...............................................................................................................................7 REFERENCES................................................................................................................................8
INTRODUCTION Marketing is the process which a company use for advertise and promote all things and items, services and products which is to be produced through business. There are various techniques and methods utilized promoting process is a product such as dialogues which grab attention of customers, advertisement making influence clients for purchasing goods and other things. The source which is used in most of time for the purpose of promotion are radio, television, newspapers, social media and many more(Shankar,and, et. al., 2021). The steps to make indirect relation within company and audience, in this way brands appreciate customer to take service and products. In this project report, there is a brief which explain and discuss for digital marketing and even their advantages and disadvantages of digital marketing. However, thisdescribethatwheredigitalmarketinggetfitinmixcommunicationandexplains communication mix. TASK Explanation of Digital Marketing Marketing for a product is essential task for a company, which aids in expanding knowledge for product in market. In a way, many people get to know for the innovation of new product in market. Marketing for good and service is to be done through using basic 4 P's of marketing, concepts was established through Neil Borden. Which are Productis the component which is being offered in market and available for customers. Priceis a cost in which item is sold to customer in market as according to the general consumer. Placeis the location where a product is being sold and in which mode this will be sold online or in physical mode. Promotionis a way from which promotion of product is done and this is last step for marketing of a new product(Pandey, Nayal, and Rathore, 2020). There is a variety of technique and strategies used to marketing services and product produced through company which includes: Traditional marketing,do not use technology, this is an old form to promote and this is used for marketing product and services. In this only outdoor marketing is use for marketing, the source which take assistance of print marketing, direct marketing and many more.
Digital marketing strategies,is fully increased and new technique for marketing any service in society and make this available for customers. New method is being used as compared in earlier time of promotion(Mogaji,Soetan,and Kieu,2020). In these days promotion is done to focus on a particular goal for customers. Few techniques are mentioned below: Marketing on Search Engine-This is a two way technique which is used for promoting product, firstly in this the brand pay these engine to showcase their product on search engine and secondly this is used to optimize technology which is to be done to highly place results in search engine. E-mail Marketing-This is the way through which brands sends email to customers to opt product of brand and this also provides them with discounts and vouchers to create liveliness to the customers which goes for a particular item. Social Marketing-This is used in recent way or technique used for promoting the item. In these days the social media is easiest way, which is used as sharing advertisement on most used application on social media, like WhatsApp, Facebook and many more. The company get high audience in average, as most of the people view advertisement on this platform. Affiliate Marketing-This is used as third person or as a company and a person get commission on purpose of sale. Content Marketing-This is the way in which source of information is used as e-book, takes assistance from seminars and videos which is easily used by the customers. Explanation of Communication(Promotion mix): This is a technique which assist in different kind of strategies for promotional purpose of goods to the customers. This guide to built an optimized efforts of promotion and which attract and influence attention of large group of audience. Importance of Promotion Mix- This is a best way for having strong interaction and bond in the procedure of product and consumer of product. In a way this get easy for bifurcate client as per the requirements. There are some major importance mix mentioned below: 1.More changes of receiving good response in the campaign:The campaigning is better way used through company to promote the product at accurate place, on right time within
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correctaudience.Thisisachievedthroughhavinggoodmanagementfortime management, budgeting and many more(Sharma, Sharma, and Chaudhary, 2020). 2.Helps in sorting the audience-This is utilized tools for a segmenting group of people as according to product in market have targeted audience is benefit for an enterprise to promote product. 3.Build healthy relationship –From this an enterprise improves communication with clients. This built trust and develops strong bond between the clients and brand using product of brand. 4.Stand out in the market-Through having promotional mix an enterprise stand out in crowd, as this have various way to promote their product as compare to other enterprise in market. The 4 main components of promotion mix are Advertisingis a source for promotion which a enterprise use for non personal method of promotion, this is through taking assistance of TV, email, radio and many more. Direct sellingis one of the fast and most useful way to promote services or product to clients, this is one to one promotion. Sales promotionis best for grabbing attention for clients about offering discount, products to engage large customer groups. Public relationsis services which were provided through company in previous product which make strong public relation and through creating attractive image of brand in market. Where does the digital marketing fits within the communication mix: Communication is a concept made of various kind of tools which is good to communicate withcustomersinmarket.Thetechniqueswereeffectivelydonefromexecutionof communication tools(Melović, and, et. al., 2020). This is consider for implementation of digital marketing is being used through communication mix. There are some point which describe relation in communication mix and digital marketing are: Social media marketing:Each person of this society use social media in current scenario. This keep increasing connection within individual of society, from use of social media platform. Company increases customer support in market. In a company, product promotion is from social media, which keeps on posting videos and photos on social media regularly intends to be in touch with customers.
E-mail Marketing:It referred to send draft to client for goods and services in firm. Company concentrate on department of digital marketing which they regularly drafts mail to consumer for sale and occasion. They allows customer for giving true feedback for the enterprise. WebAdvertising:Thisisrelatedtodigitalmarketing.Webadvertisingand communication is to be done from digital marketing. Company offer range of services and product to customer, for viewing this company can assure effectiveness to give access to view this(Goldfarb, and Tucker, 2019). Video Marketing:Company render to this and make video for the consumer to catch their attention towards product. Video marketing assists in attracting customers and lead in market, this is effective way for creating brand image. Drawback and Benefit of Digital Marketing: There is merits and demerits for digital marketing which are mentioned below: Benefits : The digital tool and technique is a source for finding new market and areas world wide and make connection with consumer on international base. This is economical way to campaigning and promoting product in market as compare to other method for promotion. With the strategies managed on social media platform this made trust in brand and customers. Drawbacks : There have to be proper knowledge for technique and skill for promoting product in market. The method take lot of time for proper strategies and planning for promoting product in market without causing trouble to other brands. From assistance of digital marketing, they can reach client world wide and enhance competition with international brand. Recommendation:
The company use appropriate and correct way to promote service and product in market. The use of every promoting technique is to be done for requirement of consumers, in a way they were able to get attention for wide group of customers, they are able to get attention for large group of customer on goods and services process by company. The main motive of company is promotion which analyse need for client in current scenario. Technique of promotion is use in accordance for product to made available in market. CONCLUSION In the presentation this is concluded that product of marketing is an essential element to make awareness for good in marketing product is essential element to make awareness for good in market and for customers. The digital marketing is most effective and best method used for promoting product, this is quick and easy way for marketing item. Promotion is to be done from use of advertisement, campaigning in radio, television, newspaper and many more. From the concept, bond of customer and brand built stronger and trust is made. Digital marketing is being environment friendly and this do not harm to society in common. The use of new technology have made more impact for customer and help companies.
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REFERENCES Books and Journals Goldfarb, A. and Tucker, C., 2019. Digital marketing. InHandbook of the Economics of Marketing(Vol. 1, pp. 259-290). North-Holland. Melović, B., and, et. al., 2020. The impact of digital transformation and digital marketing on the brand promotion, positioning and electronic business in Montenegro.Technology in Society,63, p.101425. Mogaji, E., Soetan, T.O. and Kieu, T.A., 2020. The implications of artificial intelligence on the digital marketing of financial services to vulnerable customers.Australasian Marketing Journal, pp.j-ausmj. Pandey, N., Nayal, P. and Rathore, A.S., 2020. Digital marketing for B2B organizations: structured literature review and future research directions.Journal of Business & Industrial Marketing. Shankar, V., and, et. al., 2021. Digital marketing communication in global marketplaces: A review of extant research, future directions, and potential approaches.International Journal of research in Marketing. Sharma, A., Sharma, S. and Chaudhary, M., 2020. Are small travel agencies ready for digital marketing? Views of travel agency managers.Tourism Management,79, p.104078.