Uploaded on Apr 1, 2021
PPT on A Definitive Guide on Direct and Indirect Marketing.
A Definitive Guide on Direct and Indirect Marketing.
A Definitive Guide on Direct and Indirect Marketing What is Direct Marketing? • Direct marketing involves asking someone directly to buy a product or service from you. • Common examples include commercials, print ads, sales calls, and the like. Direct marketing is an extremely effective tactic in the right circumstances. Source: vipecloud.com Advantages of Direct Marketing • You can identify specific audience segments, thereby allowing you to connect with people who are likely interested in your product or service already. • For example, if you run a TV commercial, you can choose a time slot on a channel that you know your audience is watching. Source: stevens-tate.com Advantages of Direct Marketing Cont. • If you know the audience you’re addressing, then you can personalize your messages, thereby allowing you to nurture leads and build stronger relationships. Source: stevens-tate.com Advantages of Direct Marketing Cont. • The data you collect from your direct marketing efforts is more measurable. For example, you can track your email response rate to determine how effective your direct marketing strategy is and to adjust accordingly. Source: stevens-tate.com Disadvantages of Direct Marketing • You must understand who your audience is and where you can find them. Otherwise, you may be advertising to people who aren’t interested in your brand, which is a waste of time and money. Source: stevens-tate.com What is Indirect Marketing? • Indirect marketing is essentially marketing in which you’re not trying to sell a specific product or service. • For example, content creation in the form of a blog of email newsletter are forms of indirect marketing. Source: stevens-tate.com Advantages of Indirect Marketing • You provide value to your customers without coming off as self-serving, which helps to build your brand reputation and increase brand trust. • Indirect marketing is typically much less expensive than direct marketing. Source: stevens-tate.com Advantages of Indirect Marketing Cont. • Indirect marketing is a long-term strategy, which means that your efforts will continue to have an impact throughout the future. For example, you might write a blog post that someone reads years later. Source: stevens-tate.com Disadvantages of Indirect Marketing • Indirect marketing efforts may not have instant impact it may take some time before they begin drawing in new customers. As such, it can be frustrating not to see an immediate impact on sales. Source: stevens-tate.com Disadvantages of Indirect Marketing Cont. • Indirect marketing requires constant attention. Whereas direct marketing tactics can work on their own, indirect marketing functions. • This means that you need to be constantly working at it. There’s basically no end in sight. Source: stevens-tate.com
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