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A product and service are ways of implementing ideas, but only a part of them, and not all that consumers have, can be realized with the help of a given product or service. Accordingly, the first thing to do to start modern marketing is to understand what ideas your product or service can realize and make a list of them, the most complete list.
After you have prepared the maximum complete list of ideas that your product or service can implement, you need to understand whether consumers want to implement these ideas, whether they are embedded in them. If such ideas are not implemented in them, then there will be no demand for your product or service. However, this is not a problem, you can carry out the necessary activities using the script of modern marketing and introduce the necessary ideas. No idea – no sales Continue reading
System marketing is the only effective marketing. The bottom line is that it so happened that our world consists of systems. Each of us is a system, consists of smaller systems and at the same time is part of a number of other, larger systems. The total systematic nature of our world leads to the fact that everything that happens in it happens solely according to the laws of the development of systems, another is simply not given.
System Marketing for Professionals
For this reason, in order to be able to effectively interact with the outside world, and in other words, with the surrounding systems, you need to have systemic thinking and apply system marketing. However, despite the fact that the world consists of systems, not every marketer is aware of this and, therefore, is guided in their activities by systemic thinking. Continue reading
One of the most popular marketing strategies among active market players is targeted marketing strategy. Target marketing strategy is a marketing strategy in which the market is considered as a heterogeneous object, consisting of elements. In a marketing language, these elements are called market segments. In other words, with such a strategy, the market is disassembled into molecules and work is being done with them, with each molecule having separate work.
Target Marketing Strategy Case Study from Mazda
A separate work involves a separate marketing program for each individual market segment, studying the needs of different target groups, reading marketing articles, creating a special offer for each target segment, using different advertising messages for the target audience of each segment. How does this all happen in real life? Let’s look at the example of Mazda. Continue reading