When
crafting your marketing programme, it is advisable to utilize a mix of all
three marketing methods; i.e. traditional, non-traditional and online marketing. In this post, I will share a few of each of
the marketing methods with you as well as look at the effectiveness of each
category when used as part of your integrated marketing communications campaign.
Traditional
marketing refers to any type
of promotion, advertising or campaign that is well-known and expected as part
of a marketing campaign. The methods of traditional marketing include
print advertisements, such as newsletters, billboards, flyers and newspaper
print ads; and electronic advertisements such as those produced for radio and
television.
Non-traditional
marketing on the other hand, uses new, dynamic and unconventional methods and
incorporates those methods used in traditional marketing. So for example, that same boring print ad
sitting on the pages of one of the dailies, may be animated and used as part of
an online marketing campaign.
But there is also
new type of marketing emerging which uses big data to influence how product and
consumer marketing is done. This type of
marketing is called online marketing. Online
marketing delivers many benefits to a startup including:
·
Growth
in potential
·
Reduced
expenses
·
Elegant
communications
·
Better
control
·
Improved
customer service
·
Competitive
advantage
As a start-up it is
important to get as best a mix of these methods as possible to achieve the best
possible results.
A startup must be strategic in its marketing
campaign. Because your budget is small,
it is critical that you are very careful to ensure that the funds you spend reach
directly those persons who you are targeting.
New marketing methods such as
online marketing using data and analytics and by extension social media have
increased direct marketing significantly.
The following are some types of activities that
may be carried out in each marketing category:
Traditional
Marketing
|
Non-Traditional
Marketing
|
New Marketing
|
Print –
Advertising (Newspaper, Magazines & Flyers)
Newsletters
Banners
Brochures
Promotional items
i.e. T-shirts, Caps, Pens etc.,
|
Events marketing
|
Online marketing –
social media: blogging, vlogging, email marketing, search engine marketing,
website, mobile marketing
This method allows
the business to use data and analytics to identify which segment of the
market is being reached and at what cost.
|
Broadcast – Radio
& Television commercials
|
Sponsorship
|
|
Direct marketing –
mailing of letters, catalogues and fliers
|
Product Placement
|
|
Telemarketing
|
Digital Marketing
– using digital technologies such as mobile phones and display advertising
|
|
Of course, this list
is definitely not exhaustive.
The method you choose depends on where your
market gets its information. I should
note however that targeted marketing using any of the methods is always cheaper. It will help your business to reach the
persons you want to reach using methods that they use to get information.
Traditional marketing methods remain the most
expensive although research suggests that the method is decreasing in
popularity. According to Forbes Magazine
“More
and more people are choosing to get their news online rather than through the
newspaper, and a large number of households no longer take telephone books,
since it is often easier to simply look numbers up online.”
The
same Forbes Magazine article also noted that while “there
are many new marketing tactics and media that have emerged in recent years… not
all of them are particularly effective for all types of businesses”.
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