What are Marketing Communications: Basics

According to the article, the following are the objectives of Marketing Communications: communicate the main message and idea to the target audience; introduce a product to leads; initiate brand switching; allow a brand to compete within the market; improve your product and brand awareness; influence buying decisions; encourage customers to purchase a product; establish a […]

Abstract:

According to the article, the following are the objectives of Marketing Communications:

  • communicate the main message and idea to the target audience;
  • introduce a product to leads;
  • initiate brand switching;
  • allow a brand to compete within the market;
  • improve your product and brand awareness;
  • influence buying decisions;
  • encourage customers to purchase a product;
  • establish a positive brand image;
  • attain brand recognition, trust, and transparency.

 

The different types of marketing communications are as follows:

  • Digital marketing
  • Public relations
  • Advertising
  • Social media
  • Customer recommendations
  • Direct marketing
  • Sales promotion

 

An effective marketing communications strategy can be created by following these steps:

  1. Identify your target audience
  2. Define your unique value proposition
  3. Bring the solution to customers’ problems
  4. Select channels to deliver your message
  5. Measure the end result

Fiscal Year

Nepal’s fiscal year runs from 16th July (ongoing year) to 15th July (following year).

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