Thursday, May 10, 2012

Modern Marketing's evolution and strategy

Marketing has evolved from impersonal relationships to ones that rely on strong ties between business to business, as well as business to consumer relations. Long term business relationships require networks of these relationships to maintain a strong yet cooperative presence in the market.

Expanding on that thought, social media provides the avenues from which these said networks can be established from merely nothing. To continue to provide these avenues, social marketing must be implemented in a business’ flow of communication. As long as the business’ social marketing agenda provides a clear and modern and innovative path through which its campaigns may be promoted to its target markets, the business should have no problem in marketing themselves.

The market segmentation process can be utilized here as well.  They must attract the consumer’s attention in order to compete against others, and this can be done through carefully planned positioning. This vital six-step process allows overall marketing strategy to be developed so that it must also become a need on top of a want.

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