Find below, various marketing Strategies / Categorization and their as small as possible explanation I can think of. With this close to exhaustive set you may get help to prepare your marketing plan well.
A
Marketing in an event without being a sponsor of it -
Possible cases -
Giving a talk in a conference related to your domain.
Can be Very Very Effective
Writing an article about your business and advertising through it -
I really don't think it makes sense until you write an article in a third person's language, this will basically mean referral marketing.
Not so Effective
Making a video from text resources -
One needs to be very creative for this. If you can do it yourself do it, it can be GREAT. But if you need to pay for it, consider paying for some other marketing resources.
Can hit the jackpot for you. Its extremely viral.
C
Marketing by a 'for Profit' Organization for a social cause with or without cooperative efforts of a Non-Profit Organization.
Basically adding a social flavor in marketing campaigns. Its for BIG companies, not small or medium.
'Save Tiger' by Aircel. Making your customer emotionally attached to you.
Public Involvement to make your advertisement, so that your advertisement can connect to more similar people.
Maggi did it, just a while back.
Again, only for BIG companies
Reality Marketing - Reality shows, an extension to it.
Community Marketing
A strategy to create interaction among target audience and customers. Topics are mostly focused on some customer needs.
Buzz going out about Facebook privacy settings is basically community marketing
Again, for big profiles, having a large audience.
Cross / Partners / Affiliate Marketing
Partnering up with complementary product/service businesses for needs, leads, or even monetary compensation.
The most powerful for start up and small businesses. You just need to have one speciality in order to leverage for any other need.
D
Directly reaching out to your customers involving an emphasis on trackable, measurable, positive responses from consumers (known simply as "response" in the industry) regardless of medium.
1. Direct Mail
2. TeleMarketing
3. Email Marketing
4. Door-to-door
5. Leaflet
6. Brochure
7. Voicemail
8. Coupons
9. Media
10. Next Best Action Marketing (Discussed Below)
The most powerful for many businesses
TV direct marketing would be a 4 sec advertisement asking for direct response.
Marketing using databases of potential customers.
Kind of essential in this era.
Permission Marketing - I guess all of you here, would understand that by name, nothing more than that in it.
G
Gamification
Introducing a gaming environment at an interaction point with customers to drive participation and engagement.
Very Interesting and new concept.
Startups do not need to invest in designing apps and all for this. Thanks to some gamification companies - Bunchball, BigDoor, Reputely
Global Marketing
Marketing on a worldwide scale based on global relationships
Aditya Birla group did this some time back
Only for BIG companies
Guerrilla Marketing
Unconventional, relies on creativity rather than budgets. Should be based on human psychology.
Concentrate on profit than sales, growing customer relationships than new customers, cooperating than competing, one product or service than many, individuals or small groups than large groups
Hundreds of books available, learn but do not replicate... Most important - Be Creative and unconventional
Small, medium, large business, all can advantage from it
Buzz - Get people talking among themselves. Mouth-to-Mouth
Viral - Self iterating marketing strategies.
UnderCover - Consumers do not realize they are being marketed. An actor wearing a brand in a personal public appearance or chatting over internet
I
Inbound Marketing
Get found by potential customers
SEO, the biggest of inbound marketing. SEO in itself is big enough to specialize over several years. I believe its the answer to all e-commerce websites.
SEO, the biggest of inbound marketing. SEO in itself is big enough to specialize over several years. I believe its the answer to all e-commerce websites.
Influencer Marketing
Concentrate on one or small group of individuals who have influence over potential buyers.
L
Loyalty Marketing
Focus on growing and retaining existing customers.
Card Carrying in most of the big retail stores.
M
Multi-Level Marketing / Referral / Channel / Network Marketing
Strategy, compensation (not a salary/fixed amount) to promoters/associates/partners for not only sales made by them but sales made by other similar people introduced by them in the structure
Amway is based on it.
Awesome, IF you can execute it. My suggestion, keep away from it.
N
Nano Marketing
Personalized tactics, based on psychology and social media.
Nano Car by TATA, they over ruled their TV advertisement to go for Nano Marketing
New Media Marketing
In-comprises various new media, blogs and social networks. This is spiral, you can use these platforms for other mentioned marketing too.
Next Best Action Marketing (Direct Marketing)
Consider the actions you can take for a specific customer and execute the best one.
For Inbound Marketing, use it for lead to sales
For B2B, a very powerful strategy
P
Proximity Marketing
Very very interesting. Localized wireless advertising. Transmission through bluetooth, GPS, GSM or WiFi. Interested customers can accept to receive through a device capable of receiving the transmission.
W
Word of mouth / Evangelism Marketing
Happy, satisfied customers doing a word of mouth marketing for you.
The most effective and must marketing for every business
Please feel free to touch base if I can add more to this list.
Cheers!
Cheers!
8 comments:
Wow.. quite an exhaustive list! thanks for bringing it all at one place.
Wow, its been more than an year since I have been thinking to blog. Finally, I do it and get a comment too... :)
Thanks and Cheers!
Great! To make this richer, you could add one or more case studies with prioritised resource-time division of the mix of strategies which you would deploy from above.
Good job. A B C D of marketing, all at one place. Keep the good work up brother..
Dipinder, point noted. Will try to do that.
Vaibhav, thanks brother!
Good work dude!
Here's my 2 cents for the list:
1) Viral Marketing: Its quite similar to Guerilla which you have written but this is used a lot to promote videos on youtube and other major video portals. They are not related to product all the times. It can be public awareness campaign or just something funny. The company's name can be disclosed in subsequent videos. You see this marketing in Newspaper also. Remember the ads '2 days to go'...'1 day to go' and boom!
2) Product placement:
Used mostly in movies. Sex and the city 2 is classic example of this. Desi Subhash Ghai too uses this a lot. Remember Akshay Khanna drinking Coke in Taal
@Berry
Thanks!
The points you have mentioned are true but not complete. Even I don't have complete answers.
This list is just to reach a possible exhaustive marketing strategies' list. So that more clarity can be attained for your product/services final marketin plan.
For instance -
1. Text Article can be viral too, Refer a friend 'schemes' can be viral too.
2. Product Placement is THE most important strategy for any product/services. I can write another blog on Product Placement
heyy i want 2 learn marketing techniques or entrepreneurship...plz help me
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