Marketing communications

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Marketing communications, a complex concept, integrates various components and tactics to proficiently transmit a brand’s narrative to its intended market. It covers areas like advertising^[2], branding, sales, campaigns, promotions, both offline and online, and prioritizes brand recognition and preference. The cost of a product or service can also serve as a means of communication. The procedure usually entails formulating a marketing strategy with distinct goals and action plans. Communication methods are customized to particular channels and demographics, incorporating both internal and external communications. Various communication models, such as one-to-many, many-to-one, one-to-one, and many-to-many are leveraged. The primary objective is to convince customers to make a purchase using strategies like storytelling and visual imagery. The advent of the internet^[3] has steered communication trends towards social media channels and influencer marketing^[1].

Terms definitions

1. ↑ influencer marketing. Influencer marketing is an advertising tactic where businesses pinpoint individuals who hold considerable influence over potential consumers' choices. These influencers can vary from renowned celebrities to experts in specific fields, and they are utilized to indirectly engage with the intended audience, predominantly via social media channels. The primary objective of influencer marketing is to leverage an influencer's audience to sway purchasing habits and broaden a brand's visibility. Compensation for influencers can significantly differ, with high-level influencers commanding hefty fees for their promotional content. Alongside its advantages, influencer marketing is also governed by rules and regulations, notably from the Federal Trade Commission (FTC), which views influencer marketing as paid endorsement. Despite its efficacy, experts caution against neglecting offline influential contributions, and platforms such as Instagram are alert to fraudulent influencer practices. Moreover, ongoing research is investigating the influence of influencers on consumer behavior and the efficiency of influencer marketing.

2. ↑ advertising. Promoting a product or service through communication, also known as advertising, aims to inform or persuade a target audience. Its roots trace back to early civilizations where sales messages were inscribed on Egyptian papyrus, and wall murals were utilized for promotional purposes across ancient Asia, Africa, and South America. Over the centuries, advertising has adapted to technological advancements and the rise of mass media, transitioning from newspaper prints to audio-visual and digital platforms. The strategies employed in advertising vary, with some focusing on raising awareness or boosting sales, targeting different demographics at a local, national, or international level. Common methods encompass print, radio, web banners, and television commercials, among others. Modern advertising models have introduced innovative trends like guerrilla marketing and interactive advertisements. Women's contribution to advertising is significant, with their perspectives highly valued due to their influential purchasing power.

Marketing communications (Wikipedia)

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Marketing communications (MC, marcom(s), marcomm(s) or just simply communications) refers to the use of different marketing channels and tools in combination. Marketing communication channels focus on how businesses communicate a message to its desired market, or the market in general. It is also in charge of the internal communications of the organization. Marketing communication tools include advertising, personal selling, direct marketing, sponsorship, communication, public relations, social media, customer journey and promotion.

MC are made up of the marketing mix which is made up of the 4 Ps: Price, Promotion, Place and Product, for a business selling goods, and made up of 7 Ps: Price, Promotion, Place, Product, People, Physical evidence and Process, for a service-based business.

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