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?

Discuss about the term http, Discuss about the term http. Http: ...

Discuss about the term http. Http: Http is stands for Hyper Text Transfer Protocol, The WWW protocol which performs the request and retrieves functions of a server. Gene

Trignometry, 2(cosx+cos2x)+sin2x(1+cos2x)=2sinx

2(cosx+cos2x)+sin2x(1+cos2x)=2sinx

What is the scope of marketing information system, What is the scope of Mar...

What is the scope of Marketing Information System? Scope of MIS: Marketing Information system comprises a set of procedures and ways for the continuous analysis and prese

What are the tools of marketing in words of mccarthy, What are the tools of...

What are the tools of marketing in words of McCarthy? McCarthy classified such tools in four broad groups, that he called the four Ps of marketing: Price place, Produ

Market defense, Market Defense  is the strategic actions that try to minim...

Market Defense  is the strategic actions that try to minimize or deter threatening activities by existing or potential competitors. Strategic moves can deter all or a few of the p

Total ordering and holding costs, A manufacturing company has determined fr...

A manufacturing company has determined from an analysis from its accounting and its production data for a certain part that its demand is 9000 units/annum and is uniformly distribu

Demand and supply, Explain in words and using a graph why the ban on price ...

Explain in words and using a graph why the ban on price gouging may cause a long line for gasoline. Label the axis and all the lines. Be precise. Price gouging in this context,

Define the final stage of decision making process, Define the final stage o...

Define the final stage of decision making process. Post Purchase Performance Evaluation: In the last stage of buying process, the product’s performance is estimated. The

Positioning strategies, Positioning strategies: 1.       Attribute pos...

Positioning strategies: 1.       Attribute positioning: a company positions itself on an attribute, such as the size or the number of years in existence. Disneyland can adver

Ethical marketing and corporate social responsibility, Question 1: (a) ...

Question 1: (a) The Chartered Institute of Marketing describe marketing as "the management process responsible for identifying, anticipating and satisfying customers' requireme

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