0% found this document useful (0 votes)
15 views23 pages

Marketing Basics: Types & Strategies

The document provides a comprehensive overview of marketing concepts, including definitions of marketing, digital marketing, and traditional marketing, along with their advantages and disadvantages. It discusses various marketing models such as the 4P's and 4C's, TCEO model, AIDA model, and PRAC'E model, emphasizing the importance of market research and data-driven marketing. Additionally, it contrasts inbound and outbound marketing strategies while highlighting the significance of integrated marketing communication (IMC) for effective brand messaging.
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
15 views23 pages

Marketing Basics: Types & Strategies

The document provides a comprehensive overview of marketing concepts, including definitions of marketing, digital marketing, and traditional marketing, along with their advantages and disadvantages. It discusses various marketing models such as the 4P's and 4C's, TCEO model, AIDA model, and PRAC'E model, emphasizing the importance of market research and data-driven marketing. Additionally, it contrasts inbound and outbound marketing strategies while highlighting the significance of integrated marketing communication (IMC) for effective brand messaging.
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

1.

Definition of marketing, digital marketing, traditional marketing

1. Marketing
👉 Marketing means telling people about your product or service and convincing them to buy
it.
(It’s all about finding customers, keeping them happy, and growing your business.)

2. Digital Marketing
👉 Digital marketing means promoting products using the internet, mobile, and digital tools
like social media, websites, Google ads, emails, etc.
(Example: Showing ads on Instagram or selling through Amazon.)

3. Traditional Marketing
👉 Traditional marketing means promoting products without the internet using old methods
like TV ads, newspapers, posters, flyers, billboards, etc.
(Example: An ad in a newspaper or a poster on the roadside.)

2. Advantages and disadvantages of traditional marketing

✅ Advantages of Traditional Marketing

1. Easy to understand – Posters, TV, or radio ads are clear for everyone.
2. Wide reach – Good for reaching local people (like newspapers or billboards in a city).
3. Trust factor – Many people still trust TV, radio, and newspaper ads more than online ads.
4. Memorable – A big hoarding (billboard) or a catchy TV ad stays in people’s minds for a long
time.

❌ Disadvantages of Traditional Marketing

1. Expensive – TV, radio, or print ads cost a lot of money.


2. Hard to measure – You can’t easily track how many people saw or responded to your ad.
3. Less targeting – You can’t choose a specific audience (like only young people or only
students).
4. Slow process – Making and running TV or print ads takes more time compared to digital
ads.

👉 In short: Traditional marketing is powerful for trust and local reach, but costly and less
flexible than digital marketing.

3. 4P’s of marketing and 4C’s of consumer


📌 4P’s of Marketing (business point of view)

It focuses on what the company offers.

1. Product – What you are selling (goods or services).

👉 Example: A mobile phone.

2. Price – How much money customers need to pay.

👉 Example: ₹15,000 for the mobile.

3. Place – Where you sell the product (shops, online, malls).

👉 Example: Available on Amazon, Flipkart, and mobile stores.

4. Promotion – How you tell people about your product (ads, offers).

👉 Example: Ads on Instagram, discounts in stores.

📌 4C’s of Consumer (customer point of view)

It focuses on what the customer wants.

1. Customer’s Need (instead of Product) – What the customer really wants.

👉 Example: A phone with a good camera and battery life.

2. Cost (instead of Price) – Not only the price but the total cost (time, effort, maintenance).

👉 Example: ₹15,000 + extra cost for data plan or accessories.

3. Convenience (instead of Place) – How easy it is for the customer to buy.

👉 Example: Buying online with home delivery.

4. Communication (instead of Promotion) – Two-way talk with customers (not just showing ads, but
also listening to feedback).

👉 Example: Brand replies to your queries on Instagram or customer care.

👉 In short:

4P’s = Company’s view (What we sell, price, where, how we promote).

4C’s = Customer’s view (What I need, how much it costs me, how easy to buy, how well the company
communicates).

4. TCEO model of marketing


1. T – Targeting 🎯

Find and decide who your customers are.

Example: A toy company targets kids and their parents.

2. C – Creating ✨

Create a product or service that solves customer needs.

Example: A phone company creates a budget phone for students.

3. E – Engaging 💬

Connect and interact with customers through ads, social media, events, etc.

Example: A brand runs Instagram reels to engage youth.

4. O – Optimizing 📈

Keep improving your product, price, and marketing strategy based on customer feedback and results.

Example: After feedback, a food app makes faster delivery options.

👉 In short:

Target the right people → Create what they want → Engage with them → Optimize and improve.

5. Market research and its types

📌 What is Market Research?

👉 Market research means collecting information about customers, competitors, and the market to
make better business decisions.

(It helps a company know what people want, what price they are ready to pay, and what competitors
are doing.)

Example: Before launching a new phone, a company asks people what features they like in a phone.

📌 Types of Market Research


1. Primary Research (first-hand research)

Collecting new data directly from people.

Methods: Surveys, interviews, questionnaires, focus groups.

Example: A company asks 100 students about their favorite cold drink.

2. Secondary Research (already available data)

Using existing data collected by others.

Sources: Government reports, articles, internet, company records.

Example: Reading a government report about smartphone usage in India.

3. Qualitative Research (feelings & opinions)

Focuses on why people like or dislike something.

Example: Asking people “Why do you prefer Pepsi over Coke?”

4. Quantitative Research (numbers & facts)

Focuses on data in numbers.

Example: “Out of 100 people, 60 prefer Pepsi and 40 prefer Coke.”

👉 In short:

Primary = new data

Secondary = existing data

Qualitative = opinions/feelings

Quantitative = numbers/facts

6. Benefits of market research

📌 Benefits of Market Research (Easy Words)

1. Understands Customers Better

👉 Helps to know what customers need, want, and like.

Example: Students want budget-friendly phones.


2. Reduces Risk

👉 Before launching a product, research tells if people will actually buy it or not.

Example: Testing a new flavor of chips before selling everywhere.

3. Helps in Planning

👉 Gives correct information to make good business decisions.

Example: Deciding the right price after checking competitor prices.

4. Finds Market Opportunities

👉 Shows new trends or gaps in the market.

Example: More people want healthy snacks → chance to launch low-calorie chips.

5. Beats Competitors

👉 Helps to know what competitors are doing and stay ahead.

Example: If a rival brand offers free delivery, you can add faster delivery.

6. Improves Communication

👉 Research shows the best way to advertise and reach customers.

Example: Young people respond more to Instagram ads than newspapers.

👉 In short: Market research = better understanding + less risk + smart planning + more success.

7. Common methods of market research

📌 Common Methods of Market Research

1. Surveys / Questionnaires 📝

Asking people questions to collect their opinions.

Can be online, by phone, or on paper.

Example: Google Forms asking “Which brand of chips do you like?”


2. Interviews 🎤

One-to-one conversation with customers to know their needs and feelings.

Example: A company interviews students to ask what features they want in a mobile.

3. Focus Groups 👥

A small group of people discuss a product and share opinions.

Example: 10 people sit together and discuss a new cold drink’s taste.

4. Observation 👀

Watching how people behave or use a product in real life.

Example: A shopkeeper notices most customers buy small soap packs, not big ones.

5. Experiments / Product Testing 🧪

Giving a sample product to people and seeing how they react.

Example: Free sample of a new shampoo in stores to check customer feedback.

6. Secondary Data Research 📚

Using existing information from books, reports, internet, government data.

Example: Reading a report on “Top 10 selling cars in India” instead of asking people directly.

👉 In short:

Ask people → Surveys, Interviews, Focus Groups

Watch people → Observation

Test products → Experiments

Use existing info → Secondary Research

8. AIDA and AIDA’R model

📌 AIDA Model (classic marketing model)

It shows the 4 steps a customer goes through before buying something.

1. A – Attention 👀
First, grab customer’s attention.

Example: A colorful ad of a new chocolate on TV.

2. I – Interest 🤔

Make the customer interested.

Example: The ad shows the chocolate is creamy and tasty.

3. D – Desire ❤

Create a strong desire to buy.

Example: The customer starts thinking, “Wow, I really want to taste this!”

4. A – Action 🛒

Finally, the customer takes action (buys the product).

Example: They go to a shop and buy the chocolate.

📌 AIDA’R Model (modern version)

It adds one more step after AIDA.

5. R – Retention / Relationship 🔄

Keep customers happy so they buy again and stay loyal.

Example: After buying the chocolate, the company gives offers, loyalty rewards, or keeps launching
new flavors to keep customers coming back.

👉 In short:

AIDA = Attention → Interest → Desire → Action

AIDA’R = Attention → Interest → Desire → Action → Retention

9. PRAC’E model

📌 PRAC’E Model
1. P – Plan 📝

First step is to plan marketing strategy.

Decide goals, budget, audience, and message.

Example: A coffee shop plans to promote its new cold coffee to college students.

2. R – Reach 📢

Reach the target audience through the right channels.

Example: Ads on Instagram, posters in colleges, or local events.

3. A – Act 🎯

Encourage people to take the first small step (like clicking, visiting, or trying).

Example: Students click on the coffee shop’s Instagram ad for a free sample coupon.

4. C – Convert 💰

Turn interested people into actual customers.

Example: Students come to the shop and buy the cold coffee using the coupon.

5. E – Engage 🤝

Build a long-term relationship with customers so they return again.

Example: The shop gives loyalty cards or posts fun content on Instagram to keep students connected.

👉 In short:

PRAC’E = Plan → Reach → Act → Convert → Engage

It’s like a journey:

First you plan,

then reach people,

make them act,

finally convert them into buyers,

and keep them engaged for the future.


10. Buyer side (customer perspective)

📌 Buyer’s Side (Buying Process)

1. Need Recognition 🤔

The buyer feels a need or problem.

Example: “My shoes are old, I need new ones.”

2. Information Search 🔍

The buyer looks for options.

Example: Checking shoe brands online or asking friends.

3. Evaluation of Alternatives ⚖

The buyer compares different products/brands.

Example: Adidas vs. Nike vs. Puma – which has the best price and style?

4. Purchase Decision 🛒

The buyer chooses and buys one.

Example: Buys Nike shoes.

5. Post-Purchase Behavior 😊 / 😞

After buying, the buyer feels satisfied or dissatisfied.

Example: If shoes are comfortable → happy customer. If not → regret.


👉 In short (buyer’s side):

Need → Search → Compare → Buy → Feel after buying

11. 3D’s model

📌 3D’s Model of Marketing

1. Discover 🔍

Customers discover/come to know about a brand or product.

Example: You see an ad for a new pizza place on Instagram.

2. Design 🎨

The brand designs a good experience for customers (product, service, website, ads).

Example: The pizza shop designs a yummy menu, attractive ads, and an easy online ordering app.

3. Deliver 🚚

The brand delivers what it promised and keeps customers happy.

Example: The pizza is delivered hot, tasty, and on time.

👉 In short:

3D’s = Discover → Design → Deliver

Customers discover the brand,

the brand designs a good experience,

and then delivers value to keep customers satisfied.

12. IMC, its characteristics and pillars

📌 What is IMC?

👉 IMC = Integrated Marketing Communication

It means using different marketing methods together in a connected way so that the message to
customers is clear and strong.
Example: A brand launches a new mobile. They advertise it on TV, social media, newspapers, and also
through events — but everywhere the message is the same (“Best camera phone”).

📌 Characteristics of IMC

1. Coherence 🧩

All marketing activities should be connected and related.

Example: The mobile ad on TV and Instagram both show the same features.

2. Consistency 🔄

The message should always be the same, not confusing.

Example: If the brand says “Best camera phone” on social media, they shouldn’t say “Best gaming
phone” in print ads.

3. Continuity 📅

The message should continue over time, not stop suddenly.

Example: The mobile brand keeps running ads regularly for months, not just once.

4. Complementary 🤝

Different marketing tools should support each other.

Example: A social media campaign gives discounts, and a newspaper ad tells where to buy — both
help each other.

📌 Pillars of IMC

1. Stakeholders 👥

People involved (customers, employees, investors, partners).

Example: Customers see the ads, employees explain features, investors support.

2. Content ✍

The actual message that is sent.

Example: “This phone has the best selfie camera.”


3. Channels 📢

The platforms used (TV, social media, website, print, radio).

Example: Ads on YouTube, posters in malls.

4. Result 📈

The outcome of IMC (sales, customer satisfaction, brand image).

Example: More people buy the phone, and brand awareness increases.

👉 In short:

IMC = all marketing tools working together with the same message.

Characteristics = Coherence, Consistency, Continuity, Complementary.

Pillars = Stakeholders, Content, Channels, Result.

13. Digital marketing, advantages & disadvantages

📌 What is Digital Marketing?

👉 Digital marketing means promoting products or services using the internet and digital tools (like
websites, social media, emails, apps, search engines).

Example: An online ad on Instagram for a new clothing brand.

✅ Advantages of Digital Marketing

1. Wide Reach 🌍

You can reach people anywhere in the world.

Example: A small shop in India can sell products in the USA online.

2. Low Cost 💰

Cheaper than TV, radio, or newspaper ads.

3. Targeted Audience 🎯
You can choose exactly who sees your ad (age, location, interests).

Example: Show ads only to students in Ahmedabad.

4. Measurable Results 📊

You can track clicks, views, sales easily.

5. Fast and Flexible ⚡

You can start or stop campaigns anytime and make changes quickly.

❌ Disadvantages of Digital Marketing

1. High Competition 🏃

Many brands are online, so standing out is difficult.

2. Requires Internet & Devices 📱

Customers must have internet access; not everyone is online.

3. Privacy & Security Issues 🔐

Risk of data misuse, hacking, or spam.

4. Negative Feedback is Public 😬

Bad reviews spread quickly on social media.

👉 In short:

Digital marketing = Online promotion using internet tools.

Pros = cheap, wide reach, targeted, measurable.

Cons = competition, needs internet, security risks, negative reviews.

14. Inbound and outbound marketing

📌 Inbound Marketing (Pull Marketing)

👉 Inbound means customers come to you because they are attracted by useful content or value.
Focus: Attract → Engage → Delight

Example: A blog post, YouTube video, or Instagram reel about “Best skincare tips” that brings people
to a skincare brand’s website.

✅ Advantages:

Builds trust and long-term relationships.

Less annoying for customers.

Cost-effective.

❌ Disadvantages:

Takes time to show results.

Needs good content regularly.

📌 Outbound Marketing (Push Marketing)

👉 Outbound means you go to customers and push your message to them, even if they didn’t ask for
it.

Focus: Direct promotion.

Example: TV ads, cold calls, roadside billboards, popup ads.

✅ Advantages:

Fast results.

Reaches a wide audience quickly.

❌ Disadvantages:

Expensive.

Can irritate customers (spam calls, too many ads).

👉 In short:

Inbound = Attract customers with value (pull them in).

Outbound = Push ads directly to customers.


15. Data-driven marketing and its key features

📌 What is Data-Driven Marketing?

👉 Data-driven marketing means using customer data (information) to plan and run marketing
campaigns.

It helps companies show the right message to the right people at the right time.

Example: Amazon suggests products based on your past purchases.

📌 Key Features of Data-Driven Marketing

1. Customer Insights 👥

Collects information about customer behavior, likes, dislikes.

Example: Netflix checks what shows you watch the most.

2. Personalization 🎯

Ads and messages are customized for each person.

Example: Sending you an email “Hi Krushi, here are dresses you may like.”

3. Targeted Campaigns 🎯

Focuses only on the right audience instead of wasting money on everyone.

Example: Showing baby product ads only to parents.

4. Measurable Results 📊

You can track performance with numbers (clicks, views, sales).

Example: A company sees how many people bought after clicking an ad.

5. Better Decision-Making 🧠

Data helps companies decide price, promotion style, and customer offers.

Example: A food delivery app notices people order more at night → gives “late-night offers.”
👉 In short:

Data-driven marketing = Marketing with facts, not guesses → more personalized, targeted, and
effective.

16. Digital marketing types

📌 Types of Digital Marketing

1. Search Engine Optimization (SEO) 🔍

Making your website rank higher on Google so people can find you easily.

Example: A blog about “best hairstyles” appears on Google when searched.

2. Content Marketing ✍

Creating useful and interesting content to attract customers.

Example: Blogs, videos, or guides about fitness on a gym website.

3. Social Media Marketing (SMM) 📱

Promoting your brand on social media platforms.

Example: Ads or posts on Instagram, Facebook, or TikTok.

4. Email Marketing 📧

Sending emails directly to customers to inform or promote.

Example: Amazon sending you an email about discounts on items you viewed.

5. Pay-Per-Click Advertising (PPC) 💰

Paying for ads that appear on search engines or websites; you pay only when someone clicks.

Example: Google Ads for “buy shoes online.”

6. Affiliate Marketing 🤝

Promoting someone else’s product and earning commission when people buy through your link.

Example: A blogger promoting Flipkart products and earning money for each sale.
7. Influencer Marketing 🌟

Using famous people or influencers to promote products.

Example: A YouTuber shows a new phone and encourages followers to buy it.

8. Video Marketing 🎥

Using videos to engage and sell products.

Example: YouTube ads, Instagram reels, or TikTok videos showing products.

9. Mobile Marketing 📱

Reaching customers on their mobile phones via apps, SMS, or push notifications.

Example: A food delivery app sends push notifications about a new offer.

👉 In short:

Digital marketing = Using internet and digital tools to reach, attract, and sell to customers.

17. Product Life Cycle

📌 What is Product Life Cycle?

👉 Product Life Cycle is the journey of a product from the time it is launched until it is removed from
the market.

It shows how sales and profits change over time.

📌 Stages of Product Life Cycle

1. Introduction Stage 🚀

Product is new in the market.

Sales are low, costs are high.

Example: A new brand of electric car just launched.


2. Growth Stage 📈

Product becomes popular → sales increase rapidly.

Competitors may enter the market.

Example: More people start buying the new electric car.

3. Maturity Stage 🏆

slow down, market becomes saturated.

Focus on retaining customers and improving the product.

Example: The electric car is well-known, but many brands now sell similar cars.

4. Decline Stage ⬇

Sales fall due to new products or changing trends.

Company may reduce production or remove the product.

Example: Old models of electric cars are replaced by newer models.

📌 In short:

PLC = Introduction → Growth → Maturity → Decline

It helps companies plan marketing, pricing, and promotions at each stage.

Feature Digital Marketing Traditional Marketing

Medium Internet, social media, websites, emails TV, radio, newspapers, posters, billboards

Reach Global – can reach anyone online Local or limited to where ads are shown

Cost Usually low / affordable Usually high / expensive

Targeting Very specific – age, location, interests Less precise – everyone sees it

Two-way – customers can comment, One-way – customers just see or hear the
Interaction
share, or ask message

Measurable Easy to track clicks, views, sales Hard to know exact results

Fast – can start or change campaigns Slow – production and running ads take
Speed
quickly time

📌 In short:
Digital marketing = online, cheap, targeted, measurable.

Traditional marketing = offline, expensive, broad, harder to track.

Summary 👇

Marketing & Its Concepts

1. Marketing Basics

Marketing: Telling people about your product/service and convincing them to buy.

Traditional Marketing: Offline methods – TV, radio, newspapers, posters.

Digital Marketing: Online methods – social media, websites, emails, search engines.

Advantages/Disadvantages of Traditional Marketing:

✅ Advantages: Easy to understand, wide reach, trust factor, memorable.

❌ Disadvantages: Expensive, hard to measure, less targeting, slow.


Advantages/Disadvantages of Digital Marketing:

✅ Advantages: Wide reach, low cost, targeted audience, measurable, fast.

❌ Disadvantages: High competition, requires internet, privacy/security issues, negative feedback


spreads fast.

Difference Between Digital & Traditional Marketing:

Feature Digital Marketing Traditional Marketing

Medium Internet, social media, websites TV, radio, newspapers, posters

Reach Global Local / Limited

Cost Low High

Targeting Very specific Less precise

Interaction Two-way One-way

Measurable Easy Hard

Speed Fast Slow

---

2. Marketing Models & Strategies

TCEO Model:

Targeting → Creating → Engaging → Optimizing

Focus: Find the right audience, create products they want, engage them, improve strategy.

AIDA Model:

Attention → Interest → Desire → Action

AIDA’R adds: Retention (keep customers loyal).

RAC’E Model:

Plan → Reach → Act → Convert → Engage


Focus: Marketing journey from planning to building long-term customer engagement.

3D’s Model:

Discover → Design → Deliver

Focus: Attract customers, provide good experience, deliver value.

Inbound vs Outbound Marketing:

Inbound: Customers come to you (blogs, videos, social media content).

Outbound: You go to customers (TV ads, cold calls, billboards).

Data-Driven Marketing:

Using customer data to plan campaigns.

Key Features: Customer insights, personalization, targeted campaigns, measurable results, better
decisions.

Digital Marketing Types:

SEO – Rank higher on search engines.

Content Marketing – Useful content (blogs, videos).

Social Media Marketing – Ads/posts on social media.

Email Marketing – Direct emails to customers.

PPC – Pay per click ads.

Affiliate Marketing – Earn commission promoting others’ products.

Influencer Marketing – Famous people promote products.

Video Marketing – Videos to sell or engage.

Mobile Marketing – SMS, apps, push notifications.

3. Consumer & Buyer Perspective

4P’s vs 4C’s:
4P’s (Business view): Product, Price, Place, Promotion

4C’s (Customer view): Customer Need, Cost, Convenience, Communication

Buyer Side (Customer Journey):

1. Need Recognition – Realize a need.

2. Information Search – Look for options.

3. Evaluation of Alternatives – Compare products/brands.

4. Purchase Decision – Buy the product.

5. Post-Purchase Behavior – Satisfaction or regret.

4. Market Research

Definition: Collecting info about customers, competitors, and market to make better decisions.

Types:

Primary Research: First-hand data (surveys, interviews, focus groups)

Secondary Research: Existing data (reports, articles, internet)

Qualitative: Opinions and feelings

Quantitative: Numbers and facts

Common Methods:

Surveys/Questionnaires, Interviews, Focus Groups, Observation, Experiments/Product Testing,


Secondary Data

Benefits of Market Research:

Understand customers better

Reduce risk

Helps in planning

Find market opportunities

Beat competitors
Improve communication

5. Product & Brand Concepts

Product Life Cycle:

Introduction → Growth → Maturity → Decline

Helps plan marketing, pricing, and promotions at each stage.

IMC (Integrated Marketing Communication):

Definition: Coordinating all marketing methods to give a clear, consistent message.

Characteristics: Coherence, Consistency, Continuity, Complementary

Pillars: Stakeholders, Content, Channels, Result

You might also like