What is multi channel marketing?, Marketing Management

Assignment Help:

After their first arrival, the telephone, email, fax, mobile phone and the internet were rapidly accepted in business contacts and for doing business transactions, creating fresh channels to do business. These channels can be taken separately and frequently are treated individually. However the Multi Channel Marketing philosophy is meant at administrating all contact procedures between customers and channel participants throughout all phases of the relation by combining two or more marketing channels which are strengthening each other.

Types of Communications Channels exist

Communication Channels can be classified and utilized by businesses along the subsequent dimensions:

1.       One-to-many (radio, television, magazines, newspapers) versus one-to-one communication (direct sales, service employees). Websites, letters, email, and telephone are anywhere in the middle.

2.       Social versus instrumental communication (aimed at effectiveness)

3.       Impersonal vs. face to face communication

4.       Interactive (internet) vs. non-interactive communication (passive)

5.       One sense (radio, magazines) vs. multiple senses communication (direct sales, virtual reality)

6.       Traditional (tempting to older, conservative people) vs. new technology communication (tempting to young people)

Process in Multi Channel Marketing

A variety of channels can be preferable in diverse stages of the customer relation or sales cycle

    Drawing Attention

    Giving information

    Advising or Consulting

    Contract/ Transaction

    Service/ Support

    Relationship Building

Benefits of Multi Channel Marketing

1.       Improved efficiency and decreased costs by using the strengths of every channel in an best possible way.

 

2.       Enhanced market coverage and customer reach.


Related Discussions:- What is multi channel marketing?

Importance of the positioning, Importance of the positioning or why positio...

Importance of the positioning or why positioning: 1.       To create a distinctive place of a product or service in the minds of potential customers. 2.       To provide a c

Explain ethical aspect of advertising, Q. Explain Ethical Aspect of adverti...

Q. Explain Ethical Aspect of advertising? Ethics are ethical principles are values that govern the action of individual or group. It is a branch of social- science which assist

Marketing, the value delivery process

the value delivery process

What is penetration pricing strategy, What is Penetration Pricing Strategy?...

What is Penetration Pricing Strategy? Penetration Pricing Strategy: Penetration strategy comprises low prices into an order to capture a huge share of the market/right th

Principles of marketing, understand concepts with examples of need,want,dem...

understand concepts with examples of need,want,demand

How is the brand strategy defined in the product line, How is the Brand Str...

How is the Brand Strategy defined in the product line? Brand Strategies: Brand strategy is definitely a cautious strategy that is more financial then commercial. It is exp

Major factors influencing buying behaviour, Major factors influencing buyin...

Major factors influencing buying behaviour: A consumer's buying behaviour is influenced by cultural, social, personal, and the psychological factors. Cultural factors exert

Buying situation, #questexplain buying situation change in the purchase of ...

#questexplain buying situation change in the purchase of following products and services ?a computer system ion..

What is direct marketing, What is Direct Marketing Growing utilisation ...

What is Direct Marketing Growing utilisation of direct marketing by organisations over recent years has been significant. It signals a shift in focus from mass to personalised

What is analytical or analytic mean, If somebody is analytical then it mean...

If somebody is analytical then it means the one is always thinking about things - analyzing, pondering, etc. A one who is analytical will have all of the facts about something befo

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