Direct marketing, Marketing Management

Assignment Help:

DIRECT MARKETING:

Meaning: direct marketing (DM) is the process by which a firm approaches its customers on one to one basis and markets its products directly to them. In conventional marketing a firm approaches the customer on a mass basic and sells to them directly.direct marketing association of USA has defined direct marketing as "an interactive system of marketing which uses one or more advertising media to effect a measurable response  and\or transaction at any location.an analysis of this definition brings out three key elements namely.

1. interactive system: it is an interactive system in the sense that there is a two way communication between the marketer and his\her target market. The response or non response of the customer completes the communication loop in the direct marketing programme. For example when the customer fills in the response coupon in an advertisement or a catalogue and mails it he\she communicates to the marketer and hence complets the communication loop.

2. Measurability of response: another element is measurability of response as mentioned above the number of coupons received indicates the response rate to the marketer's communication.

3. Transaction at any location: direct marketing activities are not location specific it is not necessary for the customer to physically interact with the marketer he\she can establish a contact through mail phone fax or the internet.


Related Discussions:- Direct marketing

Test marketing, what is test marketing ? Explain various approaches that ar...

what is test marketing ? Explain various approaches that are followed by FMCG company in test marketing..?

Advertising, Meaning or definition : the term advertising is derived from t...

Meaning or definition : the term advertising is derived from the original Latin word "advertere" which means "to turn" the attention. Every price of advertising turns on the attent

How will the manufacturers achieve customer loyalty, The motor car retail i...

The motor car retail industry is one that is always facing numerous challenges. For car dealer businesses to survive, they must clearly demonstrate to consumers that they represen

Differentiate between horizontal and vertical conflicts, Question: (a) ...

Question: (a) Members of the marketing channel perform eight key functions. Describe these functions. (b) Differentiate between horizontal conflicts and vertical conflict

#title.test marketing, what is test marketing ? explain the various approac...

what is test marketing ? explain the various approaches that are followed by FMCG companies in test marketing?

Brand policies., what is the importance of branding policies in an organisa...

what is the importance of branding policies in an organisation

Define augmented product, Augmented Product An augmented product is on...

Augmented Product An augmented product is one with entity in addition to those required to serve its core function that defined it from other products available in its class.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd