1VIRTUAL MARKETING VS F2F MARKETING Introduction Virtual marketing in the most simplest of forms, refers to online advertising. In this kind of marketing, the main aspect is to design messages remotely and disseminate those messages across several platforms, to reach to the target audience, without having to converse with the target audience on a one on one basis (Johnson and Busbin 2000). On the contrary, face to face marketing is the act of marketing a product, service or an idea to a potential customer, with the use of in person communication. This can be done by direct selling, brand interactions, and even events attendance. This case study requires to argue whether the Marketing Director of ABC should introduce a virtual marketing team based in Melbourne, Los Angeles, Shanghai and Bangalore, or keep the more traditional face to face marketing team based in Melbourne. The argument, which this report will be putting forth, is that the company should introduce a new virtual marketing team. Argument 1 Firstly, the internet is a big platform. Here, the argument is that virtual marketing provides an organization to reach out to a much larger number of audiences, than face to face marketing (Chaffey and Ellis-Chadwick 2019). This is because of the enormous size of the internet. It provides for above the line marketing, ensuring that a message has the ability to reach out to the masses, than just a limited number of potential customers. This is further validated by the fact that social media is growing at an unprecedented rate, pertaining to rising number of young population across the world, and also the internet becoming widely available in the world, making its way into numerous developing countries, like Nigeria (Curran, Fenton and Freedman 2016). Therefore, this provides for a perfect opportunity for the company to enhance its brand awareness, pertaining to the high reach.
2VIRTUAL MARKETING VS F2F MARKETING If a particular post on the internet is sponsored properly, it can lead to an enormous reach of that message, enabling the company to be known by people all over the world. This is the reason why virtual marketing is also known as viral marketing. Furthermore, having a strong online presence enables a company to keep all of its potential customers updated about the company’s presence, acting as a form of reminder advertisement (Andrews and Shimp 2017). Argument 2 Virtual marketing teams can also help a company maximize office spaces and reduce costs, and also help for a more productive marketing workforce(Olenski 2019). This is because having a virtual marketing team makes the marketing workforce of the company to work from any part of the world, without consuming the office space of the company. According to Olenski (2019), this helps the company to make sure that they save enough money on energy, rentals and furniture and technology. On a day to day basis, this might not look like a big deal for the company, but over the course of one financial year, this proves to be a significant cost saving method (Olenski 2019). Furthermore,it alsoprovidesflexibilityatwork, therebymakinga betterand productive workforce. Having an in house marketing team makes employees work those typical 9-5 shifts. However, a virtual marketing team is free to work from wherever they work best, and when they do work best, it provides for a better productivity. This is further validated by the fact that in house face to face marketing teams work set hours, whereas virtual marketing teams get to work on a project deadline basis because of their flexibility, and are therefore more consistent and productive (Olenski 2019).
3VIRTUAL MARKETING VS F2F MARKETING The rebuttal Although having a virtual marketing team can make the most out of the costs, which a company spends on its workforce, boosts productivity and also helps in raising a greater brand awareness than traditional face to face marketing teams, it is important to consider the fact that a face to face marketing team can enhance brand image, if properly implemented. According to Fahy and Jobber (2015), the act of conversing with the customer face to face, helps the customers get rid of the problems that they have been facing. It also helps in addressing to their specific needs separate needs, not only help in an enhanced brand image, but also a better targeted form of marketing, thereby making immense benefits to the company in terms of customer relations, which is critical for a company to gain competitive advantage. Conclusion From the above arguments, it can be concluded that having a virtual marketing team is more beneficial for a company to reach out to more number of people through the marketing attempts, while also being able to save a lot of costs on energy, rents, furniture and technology. It also helps boost productivity of the workforce as a result of the flexibility of the work. However, the fact that face to face marketing provides for better customer relations and brand image in a much more targeted form, cannot be ruled out.
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4VIRTUAL MARKETING VS F2F MARKETING References Andrews,J.C.andShimp,T.A.,2017.Advertising,promotion,andotheraspectsof integrated marketing communications. Nelson Education. Chaffey, D. and Ellis-Chadwick, F., 2019.Digital marketing. Pearson UK. Curran, J., Fenton, N. and Freedman, D., 2016.Misunderstanding the internet. Routledge. Fahy, J. and Jobber, D., 2015. Foundations of marketing. Johnson, J.T. and Busbin, J.W., 2000. The evolution of competitive advantage: has virtual marketing replaced time-based competition?.Competitiveness Review: An International Business Journal,10(2), pp.153-159. Olenski, S. (2019).3 Benefits Of Having A Virtual Marketing Team. [online] Forbes.com. Availableat:https://www.forbes.com/sites/steveolenski/2014/10/09/3-benefits-of-having-a- virtual-marketing-team/#4515fd176e83 [Accessed 14 Apr. 2019].