What is Marketing and Its Types As a business person

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romanaraisa
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What is Marketing and Its Types As a business person

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Familiar with the term marketing or in Indonesian it means marketing . However, what exactly is it? Does it only relate to marketing or is it broader than that? So that you don't just guess, here's an explanation of marketing and its types. List of contents [hide] What is marketing? Types of marketing 1. Paid advertising 2. Word of mouth 3. Relationship marketing 4. Diversity marketing 5. Social media 6. SEO 7. SEM What is marketing ? Usually synonymous with the marketing of a product. This understanding is not entirely wrong, but actually the scope is wider than that. So, what is marketing ? Is a product management process starting from the formulation of the concept until it reaches the customer. From this it can be seen that it is not just marketing products but also identifying products, estimating demand, calculating product selling prices, to thinking about product distribution channels to customers.

Long before products become finished goods, marketing also determines product promotion concepts and strategies. Also Read: Why is the Marketing Section Called the Heart of the Company? Types of marketing Sweden Phone Number List Marketing has different approaches, that's why the media used are also different. As a result, the types are very diverse. Here are some types that are often used today. 1. Paid advertising Paid advertising is one of the conventional types. The implementation is by placing advertisements in certain media, be it print or TV. Along with the times, paid advertising has entered digital platforms . This digital marketing is usually referred to as Paid Ads . Advertisements are placed on platforms to attract potential buyers to visit product pages. 2. Word of mouth Word of mouth or word of mouth marketing is also the most traditional form of strategy. Even so, this strategy is still effective and relevant to use today. Word of mouth relies on the relationship between the company, product and customer.

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Relationship marketing Learning what marketing is also includes a type of relationship marketing, which focuses on long-term relationships between product providers and customers. With this principle, it is hoped that there will be a beneficial relationship between the two. Customers can get products that suit their needs on an ongoing basis and product providers can also benefit. 4. Diversity marketing Just as the name suggests, diversity marketing is related to diversity. This one strategy is fairly complex because it brings together several aspects at once at one time. Diversity marketing usually includes aspects of culture, beliefs, values, and even views. 5. Social media Marketing continues to grow in order to meet the demands of the times. If in the past paid advertisements in print media were enough.
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