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?

Ways to position the brand, The ways to position the brand are: Use si...

The ways to position the brand are: Use situations: the marketer can identify use situations for his brand or the product and analyze customer perception of existing competit

Marketing and customer value, MARKETING AND CUSTOMER VALUE Creating and...

MARKETING AND CUSTOMER VALUE Creating and delivering better customer value is the only route by which firms implement the marketing concept. Customer satisfaction is the centra

APPROACHES , VARIOUS APPROACHES THAT ARE FOLLOWED BY FMCG COMPANIES IN TEST...

VARIOUS APPROACHES THAT ARE FOLLOWED BY FMCG COMPANIES IN TEST MARKETING

#title., what are the pricing objectives?

what are the pricing objectives?

Effect on standard of living in aspect of advertising, Q. Effect on Standar...

Q. Effect on Standard of Living in aspect of advertising? Advertising has decrease the cost of distribution, production, promoted competition and thus resulted in price reducti

Explain the term cost -pricing decisions, Explain the term Cost -pricing de...

Explain the term Cost -pricing decisions No business can survive unless it covers its cost of production and distribution. In large number of products, retail prices are c

Marketing, marketing strategy for guess perfume

marketing strategy for guess perfume

Explain the term- length of purchase decision time, Explain the term- Lengt...

Explain the term- Length of purchase decision time Length of time taken to reach a decision is much greater in organisation market. This means that intensity of any media pl

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