Importance of Marketing in a Competitive Market The heart of your business success lies in its marketing. Most aspects of your business depend on successful marketing. It will provide you with all…
All managers are entrepreneur but all entrepreneur are not manager An entrepreneur is a person who creates something new and assumes the risks and rewards associated with that innovation. S/He gets profit as his reward…
Steps in the Process of Advertising The following are the steps involved in the process of advertising: Step 1 – Briefing The advertiser needs to brief about the product or the…
Advantages and Disadvantage of Newspaper Advertising Advantages of Newspaper Advertising Most paid-circulation papers, both daily and weekly, reach the majority of homes in their primary city or town. Almost every home…
Advantages and disadvantage of Television Advertising Advantages of Television Advertising Television reaches very large audiences — usually much larger than the audience your local newspaper reaches, and it does so during…
Advantages and Disadvantage of Radio Advertising Advantages of Radio Advertising Reach a Large Group of People Just like television, radio advertising has the ability to reach a very large group of…
Types of communication budget Marketing starts with research, planning and strategic planning, all leading to the eventual communication of the company’s sales efforts. As small businesses grow, they often move…
Trade-Oriented Sales Promotion Trade-oriented sales promotion programs are directed at the dealer network of the company to motivate them to sell more of the company’s brand than other…
Consumer-Oriented Promotion Tools The consumer-oriented promotion tools are aimed at increasing the sales to existing consumers and to attract new customers to the firms. It is also called…
The steps in developing an integrated communication An integrated marketing communication plan uses the same thematic message in different types of promotions. The idea behind the message remains consistent whether consumers see…