Explain the role of direct marketing, Marketing Management

Assignment Help:

Q. Explain the Role of direct marketing?

Role of direct marketing:- a) Focus is on literate customer.

b) For service marketing like insurance, Banking, telecommunication.

c) For expensive goods mainly.

Procedure of Determining Promotion - Mix Determination of promotion mix demotes to selection and combination of different elements of promotion mix for achieving the promotional objectives. Following procedure is utilized for determining the promotion mix.

1) Consider all availability of promotion methods: these can be sales promotion, personal selling, advertising, direct marketing and publicity and so on.

2) Select optimum promotion mix: tools are united in such a way that communication objectives are achieved at minimum cost. Every tool has its merits and demerits. Most favourable promotion mix is the best combination of different promotional tools.

3) Appropriation of the promotion mix:- Total promotional financial plan is appropriate among different elements of promotion mix. Budgeting methods are marginal revenue method, % method, judgment method, quantitative methods etc.

4) Evaluation of Effectiveness of different Promotional-tools:- Comparing definite results with pre decided promotional tools. Evaluation tools assist the business firm to amend or rectify these promotional tools.


Related Discussions:- Explain the role of direct marketing

What is place strategies, What is Place Strategies? Explain about such in d...

What is Place Strategies? Explain about such in details. Place Strategies: Economic, reliable and efficient transportation and distribution of goods and services has play

Developing and Qualifying Prospects and Accounts, Think about a specific sa...

Think about a specific sales job with a specific company that you might want to do. Then,if you were starting your own prospect list, explain in detail how you would use your own

How is convenience of making comparisons affected, How is convenience of ma...

How is convenience of making comparisons affected in e-commerce? Convenience of making comparisons: E-commerce assists consumers to make comparisons during shopping. Aut

Elaborate the term packaging, Elaborate the term packaging? Even after...

Elaborate the term packaging? Even after the branding and development of product that product desires arise to fulfil all the other aspects of marketing mix. But most physical

Financial crunch involved in tourism to reshape, discuss the strategies inc...

discuss the strategies including digital strategies that you would recommend to a business to mitigate the effect of this crisis

Managing demand and supply of service, Question 1: Describe the types o...

Question 1: Describe the types of new service developments and its stages Introduction Detail explanation on types of new service development and its stages Diag

Briefly the markets relationship framework, Question 1: (a) Critically...

Question 1: (a) Critically evaluate the role of an agile network in building relationships with customers. (b) Briefly outline the six markets relationship framework.

What is meant by customer relationship management, Question 1: (a) Usin...

Question 1: (a) Using an example of your choice within the tourism or hospitality sector, explain the function where a firm uses only a "direct marketing" channel for marketing

Caselet, critically analyse diesel''s marketing mix strategies?

critically analyse diesel''s marketing mix strategies?

#title.pricing, importance of pricing decisions to an organisation

importance of pricing decisions to an organisation

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