chapter19 managing personal communicationsdirect & interactive mar

17
Managing Personal Communications: Direct and Interactive Marketing, Word of Mouth and Personal Selling Marilou M. Santos SSS MMDP 5 February 05, 2014 MMS

Upload: marilou-santos

Post on 06-Jul-2015

62 views

Category:

Business


2 download

TRANSCRIPT

Page 1: Chapter19 managing personal communicationsdirect & interactive mar

Managing Personal

Communications: Direct and

Interactive Marketing,

Word of Mouth and Personal Selling

Marilou M. SantosSSS MMDP 5

February 05, 2014MMS

Page 2: Chapter19 managing personal communicationsdirect & interactive mar

What is Direct Marketing

use of consumer direct channels

To reach and deliver consumers

w/o middleman.MMS

Page 3: Chapter19 managing personal communicationsdirect & interactive mar

DIRECT MARKETING CHANNELS

Direct Mail Catalogs Telemarketing

MMS

Page 4: Chapter19 managing personal communicationsdirect & interactive mar

Other direct response

MMS

Page 5: Chapter19 managing personal communicationsdirect & interactive mar

Constructing a Direct-Mail Campaign

6. Measure success

5. Execute

4. Test elements

3. Develop offer elements

2. Select target prospects

1. Establish objectives

mms

Page 6: Chapter19 managing personal communicationsdirect & interactive mar

RFM Formula for Selecting

Prospects

It is a marketing technique used to determine quantitatively which customer are the best ones by examining the following, an analysis based on the marketing axiom that “80% of your business comes from 20% of your customers.”:

Recency - how recently a customer has purchased

Frequency - how often they purchase

Monetary - how much the customer spends MMS

Page 7: Chapter19 managing personal communicationsdirect & interactive mar

What is Telemarketing

Telephone selling / promoting of goods and services

face-to-face or web conferencing appointment

TYPES OF TELEMARKETING

:

Telesales

Telecoverage

Teleprospecting

Customer service and

technical supportMMS

Page 8: Chapter19 managing personal communicationsdirect & interactive mar

Other Media for Direct Response

• Television

• Direct Response

Advertising

• At-home shopping

channels

• Videotext

• KiosksMMS

Page 9: Chapter19 managing personal communicationsdirect & interactive mar

Interactive Marketing

Tailored messages possible

Easy to track responsiveness

Contextual ad placement possible

Search engine advertising possible

Subject to click fraud

Consumers develop selective attention

MMS

Page 10: Chapter19 managing personal communicationsdirect & interactive mar

Online Promotional Opportunities

• Websites

• Microsites

• Search ads

• Display ads

• Interstitials

• Internet-specific ads

and videos

• Sponsorships

• Alliances and affiliate

programs

• Online communities

• Email

• Mobile marketing

MMS

Page 11: Chapter19 managing personal communicationsdirect & interactive mar

Marketing is Empowered by Social

Networks

Social Networks

• Facebook

• MySpace

• LinkedIn

• Twitter

• Blogs

• Intuit

MMS

Page 12: Chapter19 managing personal communicationsdirect & interactive mar

e-Marketing Guidelines

• Give the customer a reason to respond

• Personalize the content of your emails

• Offer something the customer could not get via

direct mail

• Make it easy for customers to unsubscribe

MMS

Page 13: Chapter19 managing personal communicationsdirect & interactive mar

Create a buzz….

1.Supply key people with product samples

2. Work through community influentials

3. Develop word of mouth referrals

4.Identify influential individuals and companies and

devote extra effort to them

MMS

Page 14: Chapter19 managing personal communicationsdirect & interactive mar

Personal Selling

MMS

the process of communicating

with a potential buyer face-to-

face with the purpose of selling a product or service

Situation questions

Problem questions

Implication questions

Need-payoff questions

Principles

Page 15: Chapter19 managing personal communicationsdirect & interactive mar

Steps in Effective Selling

Prospecting/Qualifying

Pre-approach

Approach

Presentation

Overcoming objections

Closing

Follow-upMMS

Page 16: Chapter19 managing personal communicationsdirect & interactive mar

MMS

Page 17: Chapter19 managing personal communicationsdirect & interactive mar

Marketing Debate

Are great salespeople born or made?

Take a position:

1. The key to developing an effective sales

force is selection.

or

2. The key to developing an effective sales

force is training.

MMS