Marketing topic 6 - Operative marketing Flashcards
Operational marketing definition
Operational marketing is the set of controllable tools and tactics that the organisation uses to produce the response you want in your target market
Operational/classic Marketing - The 4 C’s
- Consumer-solution
- Cost
- Convenience
- Communication
Operational/classic marketing the 4 P’s
- Product
- Price
- Communication/promotion
- Distribution/place
Product
The product policy would be in charge of managing everything related to the combination of goods and services that the organisation offers to its target market
Its main activities are:
- Design and decisions about the range
- Design of each product from the consumer’s point
- Quality
- Functional features
Price
The price policy would be in charge of managing everything related to the determination of the monetary value of goods and services that the organisation offers to its target market.
Its main activities are:
- Determination of the base price
- Discounts etc
Distribution
The distribution policy would be in charge of managing activities that make the product available to target customers
It’s main activities are:
- Choice of channels
- Market coverage
- Transport etc
Communication
The communication policy covers activities aimed at showing the merits of the product and supporting it in its positioning in the market
Its main activities are:
- Advertising
- Promotion
- Sales force
Engagement marketing examples
social networks, mobile marketing