What is ‘the marketing mix’?
This is a term used for a whole range of choices an organisation can make in the process of bringing a product or service to their market.
There a four P’s, that are:
This concerns the amount of money that customers pay in order to purchase the product. There are a number of decisions in relation to price including price setting, credit, discounting and cash purchases as well as credit collection.
The goods and services that your business provides for sale to your particular target market. When developing a product you should consider quality, features, design, packaging, customer service and any following after-sales service.
This is in regards to location, distribution and methods of getting the product to the customers. This includes the location of the business, distributors, shop front, logistics and the potential use of the internet to sell products directly to consumers.
Communicating the benefits and value of your product to consumers. Then persuading general consumers to become customers of your business by using methods such as direct marketing, advertising, personal selling and sales promotion.
So, how are we going to do this to advertise a service online…
Pay-per-click search adverts
There are millions of terms that are searched online a day, so a great way to attract customers is to have your website pop up after they search for something on the internet. Some of they key search engines are Google, Yahoo and Bing. Also, it is worth considering using Youtube and Amazon. With these sites you have the capability to reach millions of potential views.
To find out what comes out when someone searches for a product or service like yours, make a list of of the sort or key terms a prospective customer may use and put them into the search engines you want to use. As a result of this you will you will get pages of listings, some of them commercial. These commercial listings are usually paid for on a usage basis, this means that the marketer pays a fee each time a person clicks on the listing. So basically, you will never pay for an advert unless it is used.
Adding banner adverts
This is the online version to display advertising in a print medium or outdoor advertising on a billboard. They are good for building awareness of your brand; but that is about it.
The ad needs to get across as a clear, simple message that engages a person. Using just a single brief headline with a image and minimal words effectively. Or, you could use a brand name and illustration. Whatever you do, it must be simple and bold so that it attracts the viewer’s attention long enough so that a point is made. In addition, you have to make sure that the banner advert isn’t too lengthy. People don’t want to read loads of text, and if there is too much text you will loose their interest.
If you don’t have a big budget you will be able to find templates online that you can use. But it is worth investing in getting a web design firm to make a banner that is designed to fit your marketing campaign more specifically. So don’t be afraid in paying more to get this as it may add enough value so that it pays itself off and more.
Once you have designed a good banner advert, it is important to consider where it is put. Using a dedicated landing page is needed and you also need to find out the best sites on which the banner ad is placed. Finally, you need to also conciser the amount of traffic a website gets and you will be set to go!
Creative display adverts
A effective way of online advertising has multiple forms in it such as:
- Square pop-up ads
- Pop-under ads
Also, online adverting agencies offer lots of creative options, such as widgets, these are banners with an overlay of pop-up interactive box that usually asks for an e-mail address in exchange for a chance to win a prize or contest.