Illustrate the main roles of communication, Marketing Management

Assignment Help:

Illustrate the main roles of communication

At a fundamental level, communication can assume one of four main roles:

1.  It can inform and make potential customers aware of an organisation's offering.

2. Communication may attempt to persuade current and potential customers of desirability of entering into an exchange relationship.

3.  Communication can also be used to reinforce experiences. This may take form of reminding people of a need they might have or of reminding them of benefits of past transactions with a view to convincing them that they must enter into a similar exchange. Additionally, it's possible to provide reassurance or comfort either immediately before an exchange or, more commonly, post-purchase. This is significant, as it helps to retain current customers and improve profitability. This technique to business is much more cost-effective than constantly striving to lure new customers.

4.  Marketing communications can behave as a differentiator, specifically in markets where there is little to separate competing products and brands. Mineral water products, like Perrier and Highland Spring, are largely similar: it's the communications surrounding the products that have created various brand images, enabling consumers to make purchasing decisions. In these cases images created by marketing communications disassociate one brand from another and position them so that consumers' purchasing confidence and positive attitudes are developed. Hence communication can inform, persuade, reinforce and build images to delineate a product or service

 


Related Discussions:- Illustrate the main roles of communication

Explain about marketing communication, Q. Explain about Marketing communica...

Q. Explain about Marketing communication? Marketing communication: - Is the procedure in which two or more persons consciously or unconsciously attempt to influence each othe

Describe the consumer buying decision making process, Question 1: To wh...

Question 1: To what extent can the Marketing Concept guarantee business success in today's highly competitive business environment? Question 2: (a) Define the term mark

Create a graph of widget sales, Q1 Create a graph of widget sales on the t...

Q1 Create a graph of widget sales on the tab "Q1-Graph" and characterize the time series.  That is, does the time series appear to include the effects of ( 1 ) cyclicality, ( 1 )

What is place utility in marketing, What is Place Utility in marketing? ...

What is Place Utility in marketing? Place Utility: This utility is given when a marketer gives the product at locations preferred through the all customers. Domino’s pizza

Explain the different stages of negotiation, ZEZ Company is in the business...

ZEZ Company is in the business of designing and printing bottle labels for soft drinks distributors. The company is, at present, facing very difficult times as recessionary economi

Brand policies., what is the importance of branding policies in an organisa...

what is the importance of branding policies in an organisation

The role of communication in exchange transactions, The Role of Communicati...

The Role of Communication in Exchange Transactions Bowersox and Morash (1989) demonstrated how marketing flows, including information flow, can be represented as a network who

Explain ethical aspect of advertising, Q. Explain Ethical Aspect of adverti...

Q. Explain Ethical Aspect of advertising? Ethics are ethical principles are values that govern the action of individual or group. It is a branch of social- science which assist

Explain marketing in words of american marketing association, Explain about...

Explain about Marketing in words of American Marketing Association. Marketing: The American Marketing Association (AMA) explains marketing by “The process of executing and

Cultural, How does cultural, social, personal and psychological factors inf...

How does cultural, social, personal and psychological factors influence buyer behaviour. Give examples

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