9.2. Direct Marketing & Personal Selling Flashcards
Direct Marketing
and interactive system of marketing that uses one or more advertising media to effect a transition or another measurable response at any location
Direct marketing consists of…
direct one-to-one connections with carefully targeted individual consumers to both obtain an immediate reponse and cultivate lasting customer relationships
Direct Marekting categories
- catalog
- direct mail
- telemarketing
- direct-response advertising
Direct Marketing strategy - the offer
describes the product, terms of sale, payment, and delivery terms
Direct Marketing strategy - the response/ order
direct marketings ultimate objectiv is a behavior (purchase, donation, subscription,…)
Direct Marketing strategy - fulfillment and customer maintenance
most critical aspect of successful direct marketing is maintaining a customer relationship
Direct Mail
- targets specific markets
- measures success immediately
- permits personalization
- gains prospects undivided attention
- no constraints on size, color, form
Porsche targets prospects with direct mail
Telemarketing
- ads delivered through phone calls
- almost as persuasive as personal sales but a lot less expensive
Telemarketing - customers are unhappy with:
- predictive dialing: allows companies to call anyone, even if they are unlisted
- FTC enacted legislation to protect consumers
Telemarketing - inbound
- consumer originates call
- marketers facilitate and invite prospects to call a central location via a toll-free 800 number or a fixed-cost 900 number
- requests service info or product
- express complaints or grievances
- request coupons or other sales-promotion materials
Telemarketing - outbound
- call originates with the company
- Telephone calling by the marketer or marketers agent to individual prospects, seeking purchase, subscription, membership, or participation by the call recipient
- servicing existing business, including reorders and customer service
Catalogs
- multi.page direct mail publication hat shows variety of merchandise
- low-pressure sales tactic
- provides detailed info about various products
Live Commerce (Live shopping)
- new platform similar to home shopping channel
- maximizes attention/ engagement and minimizes extensive searching/ decision making process by focusing on one item
- directly leads to final step “purchase” skipping all precedent info processing steps
- creates needs/ wants spontaneously
- allows direct and interactive communication
- customers being stimulated by other customers on the same venue
Direct response advertising
- seeks to achieve n action-objective as a result of an adv message and without the intervention of a sales representative
Direct reponse adv types
- print media
- broadcast media
- internet
Print media
ads in newspapers and magazines can carry a coupon, an order form, an address, a toll-free number
Broadcast media
cable lends itself to direct-response because the medium targets consumers so well
Internet
internet provides the same components found in direct mail and telemarketing
Benefits of direct marketing
- building relationships
- allows for targeting of small groups or individuals with customized offers in a personalized fashion
- can be timed to reach prospects at the right time
- offers access to buyers that couldn’t be reached via other channels
- low-cost effective alternative for reaching specific markets
Personal selling
form of person-to-person communication in which a salesperson works with prospective buyers and attempts to influence their purchase needs in the direction of his or her company’s products or service
Personal sellings unique role
- customize the message
- high level of customer attention
- yields immediate feedback
- communicate more technical and complex information
- demonstrate a products functioning and characteristics
- develop long-term relationships
Case: Fresh manager by HY
- yacurt seller => fresh manager
- typical personal seller => unique communication channel
- more than 90% of sales come from fresh managers
unique role of fresh managers
- selling exclusive products
- building long-term relationships with customers by delivering subscribed orders
- connecting with online platform by delivering online orders
- conducting CSR activities