In: Economics
Context: Direct marketing reaches out to consumer directly with personalized messages. Some of the direct marketing activities include direct mail, online advertising, social media marketing, and direct selling.
Inquiry: Why has direct marketing enjoyed such rapid growth in recent years?
Follow-up: Give at least two recent examples of successful direct marketing campaigns
ANSWER
Direct marketing has enjoyed such rapid growth in recent year as
direct marketing gives you the opportunity to promote your products
and services directly to the customers who most need them with the
help of personalized messages , direct mails , online advertising ,
social media marketing ,and direct selling .
It helps the companies by :
*It builds a relationship with new customer.
*It test the appeeal of the product or service offered by the
company.
*It tells the company what type of marketing approaches it needs to
accomplish its target.
*It provides consumers with compelling content they can share with
potentisl customers.
* It increases sales of the companies.
Two examples of succesful direct marketing campaigns are:
1. LAND ROVER - World renouned vehicle manufactures , Land rover
,used a novel way to invite customers to the opening of their new
Liverpool showroom .Ballons were put inside boxes and sent to 100
cutomers .Tags were attached to the ballon strings , which
delivered the companys marketing message together with an invite to
the event.
2. IKEA LACK SIDE TABLE- If you are looking for a side table ,then
ikeas pretty good place to start .Especially when they offer
innovative little ways to encourage you to buy their products
.Ikeas Lack side table is a budget affair, popular with people
looking for an affordable and practical option, however their
promotion was anything but predicatble . A 3d version of the table
poppedd up as you opened the magazine insert.