Meaning & Types of Marketing Communication

According to this article, Marketing Communication can be defined as the methodologies and tactics adopted by the companies to convey the messages in a unique and creative manner to their existing and prospective customers about their offerings of products and services.   The following are the main reasons why marketing communication is important to businesses: […]

Abstract:

According to this article, Marketing Communication can be defined as the methodologies and tactics adopted by the companies to convey the messages in a unique and creative manner to their existing and prospective customers about their offerings of products and services.

 

The following are the main reasons why marketing communication is important to businesses:

  • Develop a strategic vision
  • Create brand awareness
  • Expresses competitive advantage
  • Fosters goodwill
  • Attracts talent
  • Enlightens the investor community
  • Boosts profits
  • Improved communication with the customers
  • Come up with innovative marketing and promotional ideas

 

Small businesses can follow this strategic guideline for effective marketing communications:

  1. Brand it to nail it
  2. Focus on Logo
  3. Target audience
  4. Advertising
  5. Implementation, Feedback, Improvisation