• Home
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
TechArtes - Tech News, Reviews & Gaming
  • Home
  • Crypto Coin PricesLive
  • Business
  • Gaming
  • Technology
  • Gadgets
  • Mobile
No Result
View All Result
  • Home
  • Crypto Coin PricesLive
  • Business
  • Gaming
  • Technology
  • Gadgets
  • Mobile
No Result
View All Result
TechArtes
No Result
View All Result

5 Points to Follow for a Marketing Agency for Assured Success

by H Fang
Marketing Agency for Assured Success

The marketing strategy is a combination of tools that allow a marketing agency to dominate the market it wants. To design the marketing strategy, you have five basic instruments that must be combined properly to achieve the desired objectives. These tools are summarized in the ‘5 Ps’ of marketing. When a marketing agency identifies these areas of work or development, you should consider the following ‘5 Ps’ to make a business successful. 

1 – Product 

It is the physical good, service or idea being offered. The product concept is somewhat broader than an object in itself because it can enter the container, cover, presentation, ancillary services such as the post-sale or transfer, guarantees, etc. Among the duties of the marketing, it is as follows;

RelatedPosts

Where is AI Used in Business

Beginners Guide to Algorithmic Trading Options in Sydney

How Virtual Numbers Work and What Types There Are

  • Development and launch of new products, services and/or ideas 
  • Product maintenance, modification or abandonment
  • Brand and image 
  • Packaging and labeling 

2 – Price 

It is the cost to the public or selling price. It is the exchange value of the product as determined by the utility or satisfaction derived from the purchase and use or consumption of the product. It is one of the key factors in selling a product, but not the only and not the determining factor in most cases. Often the price is calculated as the cost of production plus a percentage, however, usually, the price is decided by the market. Its characteristics are as follows;

  • It is more short-term fix.
  • For the price, the company can adapt quickly to competition.
  • It is the only one that generates income, while other elements create costs.

3 – Promotion 

It is advertising to do to sell the product i.e. the ways to inform and convince the benefits of product or service. With the promotion, it is sought to create reasons for customers to purchase a product that is being marketed.

  • Communicate product characteristics
  • Communicate product benefits

4 – Place 

It is where you sell the product. This can play an important role in the success of our business. A street with heavy traffic of people is a better showcased than a hidden passage, so it is advisable, before opening a business, to do a market study of the area. You can use the square to get a product to reach the customers. The following four elements make up the distribution policy;

  • Distribution Channels
  • Distribution Planning
  • Physical Distribution
  • Marketing

5 – Personal

They are the activities that take place after the sale and whose immediate goal is to ensure complete customer satisfaction and possible repurchase. It means to track shoppers know their habits, tastes, expectations, etc. 

It is required to keep customers informed about new launch of services/products, special offers, events and related activities to guarantees for customer loyalty to the brand, company, product or service.

In this way, a marketing agency can ensure that the customer repeats purchase action and motivate others. All these areas have a single purpose which is to respond promptly, efficiently and effectively to meet the needs and desires of the customers. 

Tags: marketing agency

H Fang

Hina Irfan is a professional blogger, outreach expert, and writer. She is an active content creator who aims to inspire. She writes for several online magazines and on diverse topics with the focus on offering useful and actionable information to the readers. You can contact her for outreach opportunities at [email protected]

Next Post
web-design

Tips for Choosing Right Website Design Service

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Recommended.

office Furniture HD

Top 7 Best Furniture Companies You Should Know

technology

TECHNOLOGY AND ENTREPRENEURSHIP AFTER COVID-19

Trending.

Test Automation

How to Do Test Automation in Dynamics 365

AI in business

Where is AI Used in Business

IT security

How to check the security of your systems in the company?

Latest Discussions

  • Lars on How to Block Someone on YouTube – Working Guide 2020
  • Pankaj Tyagi on Convert an Exchange or IMAP .OST to a .PST
  • LP2Lily on How to Block Someone on YouTube – Working Guide 2020
  • Florian Berg on XNSPY Review 2020—What’s New in Smartphone Monitoring?
  • Karina Espina on How to Block Someone on YouTube – Working Guide 2020
TechArtes

Artes (noun) - studies intended to provide general knowledge and intellectual skills.
TechArtes strives to do the same with Technology, Gaming & Mobile.

Follow Us

Categories

  • Business
  • Cryptocurrency
  • Design & Code
  • Gadgets
  • Gaming
  • Info Base
  • Marketing
  • Mobile
  • News
  • Technology
  • Uncategorized

Recent News

Test Automation

How to Do Test Automation in Dynamics 365

AI in business

Where is AI Used in Business

  • About
  • Submit Guest Post
  • Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2020 TechArtes - Best Tech Community on the Web!

No Result
View All Result
  • Home
  • Gaming
  • Technology
  • Business
  • Gadgets
  • Design & Code
  • News
  • Mobile

Copyright © 2020 TechArtes - Best Tech Community on the Web!

wpDiscuz
0
0
Would love your thoughts, please comment.x
()
x
| Reply
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.