Logo
Pattern

Discover published sets by community

Explore tens of thousands of sets crafted by our community.

Marketing Strategy Development

36

Flashcards

0/36

Still learning
StarStarStarStar

Target Audience Identification

StarStarStarStar

Defining the target audience is crucial for tailoring marketing messages and mediums to those most likely to purchase the product or service.

StarStarStarStar

Unique Selling Proposition (USP)

StarStarStarStar

The USP defines what makes the product or service unique and why customers should choose it over competitors, strongly influencing the brand’s positioning.

StarStarStarStar

Market Research

StarStarStarStar

Market research involves gathering and analyzing information about your market, competitors, and customers, guiding the marketing strategy with data-driven decisions.

StarStarStarStar

SWOT Analysis

StarStarStarStar

SWOT Analysis helps in understanding internal Strengths and Weaknesses, and external Opportunities and Threats, to identify strategic positioning and growth areas.

StarStarStarStar

Marketing Objectives

StarStarStarStar

Marketing objectives are short-term or long-term goals that are SMART: Specific, Measurable, Achievable, Relevant, and Time-bound, providing a roadmap for strategy execution.

StarStarStarStar

Budgeting

StarStarStarStar

Determining the marketing budget ensures that the necessary financial resources are allocated to various marketing efforts, affecting the scope and scale of activities.

StarStarStarStar

Pricing Strategy

StarStarStarStar

The pricing strategy is critical for defining how a product or service is positioned in the market and how it will compete with similar offerings.

StarStarStarStar

Distribution Channels

StarStarStarStar

Identifying and selecting appropriate distribution channels are crucial for ensuring that the product or service is accessible to the target market.

StarStarStarStar

Promotional Mix

StarStarStarStar

The promotional mix defines the blend of advertising, sales promotions, PR, personal selling, and direct marketing tools used to reach the target audience and achieve marketing objectives.

StarStarStarStar

Content Strategy

StarStarStarStar

Content strategy involves the creation and distribution of valuable, relevant, and consistent content to attract and engage a clearly defined audience.

StarStarStarStar

Digital Marketing

StarStarStarStar

Involves using digital channels such as social media, SEO, email marketing, and online advertising to reach customers in the digital space.

StarStarStarStar

Branding

StarStarStarStar

Branding encompasses the development of a company's brand, including name, identity, and image, to create a persistent, positive perception of the company.

StarStarStarStar

Customer Experience

StarStarStarStar

Enhancing the customer experience involves creating positive and memorable interactions with the brand throughout the customer lifecycle, leading to customer loyalty.

StarStarStarStar

Marketing Automation

StarStarStarStar

Marketing automation uses software to automate repetitive marketing tasks, increasing efficiency and personalization of marketing campaigns.

StarStarStarStar

Influencer Partnerships

StarStarStarStar

Influencer partnerships leverage individuals with a significant following to promote the product or service, tapping into their credibility and reach.

StarStarStarStar

SEO Strategy

StarStarStarStar

A SEO strategy involves optimizing the online content so that a search engine is likely to show it as a top result for searches of a certain keyword.

StarStarStarStar

Social Media Marketing

StarStarStarStar

Social media marketing is the process of creating content that is tailored to the context of each individual social media platform to drive user engagement and sharing.

StarStarStarStar

Customer Relationship Management (CRM)

StarStarStarStar

CRM is a strategy for managing a company's interactions with current and potential customers, using data analysis about customers' history with the company to improve business relationships.

StarStarStarStar

Analytics and Metrics

StarStarStarStar

Analyzing marketing metrics allows businesses to measure the success of their marketing strategies, optimize campaigns, and improve decision-making with real-time data.

StarStarStarStar

Mobile Marketing

StarStarStarStar

Mobile marketing reaches customers through mobile devices via SMS, MMS, email, social media, and apps, optimizing content for a mobile-first experience.

StarStarStarStar

Email Marketing

StarStarStarStar

Email marketing involves sending targeted and personalized messages to a selected group of consumers to promote products, services, or fundraising messages.

StarStarStarStar

Public Relations

StarStarStarStar

Public relations involves managing the spread of information between an individual or an organization and the public to maintain a positive image and build strong relationships with the audience.

StarStarStarStar

Marketing Channels

StarStarStarStar

Marketing channels are pathways to communicate with the target audience; decisions made here affect accessibility and perception of the product or service.

StarStarStarStar

Brand Loyalty Programs

StarStarStarStar

Brand loyalty programs are structured marketing strategies designed to encourage customers to continue to shop at or use the services of businesses associated with each program.

StarStarStarStar

Event Marketing

StarStarStarStar

Event marketing is the experiential marketing of a brand, service, or product through memorable experiences or promotional events.

StarStarStarStar

International Marketing

StarStarStarStar

International marketing involves tailoring marketing strategies to different geographic locations, taking into consideration cultural, legal, and economic variances.

StarStarStarStar

Community Management

StarStarStarStar

Community management is the practice of building, growing, and managing online communities around a brand or cause, creating loyal customer bases.

StarStarStarStar

Conversion Rate Optimization

StarStarStarStar

Conversion Rate Optimization (CRO) is the process of increasing the percentage of users who perform a desired action on a website, optimizing user experience for higher conversions.

StarStarStarStar

Integrated Marketing Communication

StarStarStarStar

Integrated Marketing Communication (IMC) is a strategic approach to ensuring that all forms of communications and messages are carefully linked together, providing clarity, consistency, and maximum impact.

StarStarStarStar

Market Positioning

StarStarStarStar

Market positioning involves establishing the identity of a product or service, relative to the competition, in the minds of the target audience.

StarStarStarStar

Storytelling

StarStarStarStar

Storytelling in marketing is about sharing the narrative of the brand or product in a way that resonates with the target audience, eliciting emotional responses and connections.

StarStarStarStar

Video Marketing

StarStarStarStar

Video marketing is a forward-facing marketing strategy that integrates engaging video into your marketing campaigns to promote your company, product or service.

StarStarStarStar

Viral Marketing

StarStarStarStar

Viral marketing is a business strategy that uses existing social networks to promote a product, relying on users to spread the message.

StarStarStarStar

Ethical Marketing

StarStarStarStar

Ethical marketing refers to the process by which companies market their goods and services by focusing not only on how their products benefit customers, but also how they benefit socially responsible or environmental causes.

StarStarStarStar

Co-Branding and Partnership

StarStarStarStar

Co-branding and partnership refer to a marketing strategy that involves the collaborative efforts of two or more brands to create a unique product or service and to leverage each brand's audience.

StarStarStarStar

Sponsorship

StarStarStarStar

Sponsorship in marketing is about providing support, financial or otherwise, to an event, activity, person, or organization, to align with and gain visibility from the association.

Know
0
Still learning
Click to flip
Know
0
Logo

© Hypatia.Tech. 2024 All rights reserved.