Not going to give you a tutorial on marketing. It’s boring to learn the different concepts of marketing but what about a new way to explain that to you? Maybe with the help of a gorgeous girl at a party.
We all love parties and clubs and often come across a pretty face who we want to know more. We have a different way of approaching the girl. That’s it! That’s what explains marketing in a better way. Can’t imagine? Look how a professor at SIM has explained this concept using ‘approaching a gorgeous girl in party’ theory.
1. Direct Marketing
This is the concept of selling a product by an organization directly to the public via various media rather than through any retailers.
The way he explained:
2. Advertising
Advertising is nothing but promoting your product for the sale various several methods like digital, social media, billboards and much more.
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3. Telemarketing
Marketing by the means of telephone is known as Telemarketing as is quite obvious from the word!
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4. Brand Recognition
It is the extent of marketing where the customer can identify a particular brand product by just looking at the logo.
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5. Public Relations
This is basically the concept of attracting consumer audience by creating a relation through promotions and brand endorsements.
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6. Customer Feedback
This is the most important part of the business and a brand. A customer’s perspective and complaints on a product are fruitful enough for a company to get insights on their market.
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7. Demand And Supply Gap
It actually depicts the demands that a consumer has from a certain company but the supply is not satisfying it.
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8. Competition In Market Share
Every brand has to deal with the competition in the market and no better way to explain this!
The way he explained:
Isn’t this amazing and unique!
