New approaches to the business-to-business marketing communication essay

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New approaches to the business-to-business marketing communication essay

Marketing communications Marketing communications is a management process used by an organization to create a relationship with its various audiences. By creating messages which hold a of significant value, they encourage audiences to offer attitudinal and behavioral responses.

Aims and Objectives The aims of this chapter are to present and explain some of the concepts that are associated with marketing communications and to underline the key characteristics of the main tools of the communications mix.

New Approaches to the Business-to-Business Marketing Communication Essay Sample

The objectives of this chapter are: This engagement is related to the form of communication and to whether the nature of the messages and media is essentially intellectual or emotional. In most of the cases companies use a mixture of these two elements in order to communicate their messages, be understood and engage their audiences in dialogue with the scope of developing mutually beneficial relationships.

Effective communication is holds a high importance for every organization, being the reason why variety of promotional tools like advertising, sales promotion, public relations, direct marketing, personal selling and added-value approaches such as sponsorship are used.

Marketing communication is an audience-centered activity that is providing the ways by which brands and organizations are presented to their customers.

The goal of marketing communication is to create a dialogue that will, ideally, lead to a purchase made by customer and a complete engagement between parts. This interaction represents an exchange between each organization and each customer; by taking into consideration the quality and satisfaction of the exchange process, it will or will not be repeated.

It can be concludedthat communication is a very important and integral part of the exchange process, and it is the skill and judgment of management of the marketing process that will determine, in most of the cases, success or failure of communication.

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The conditions that allow an exchange to take place involve at least two or more parties, each of whom can offer valuable to the other and is prepared to enter freely into the exchange process, a transaction. It is possible to identify two main forms of exchange: Market exchanges Bagozzi, ; Houston and Gassenheimer, are transactions that occur independently of any previous or subsequent exchanges.

They have a short-term orientation and are motivated primarily by self-interest. When a consumer buys a product of a brand they do not buy regularly, then a market exchange can be identified.

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In contrast to this, relational exchanges Dwyer et al. So, when a consumer buys a product on a regular basis, relational exchanges are considered to be taking place. These two types of exchange represent the extremes from the point of view of exchange transactions.

In industrial societies market exchanges have tended to dominate commercial transactions, although recently there has been a substantial movement towards relational exchanges.

In other words a mixture of exchanges occurs, and each organization has a portfolio of differing types of exchange that it maintains with different customers, suppliers and other stakeholders.

Communication is an essential element that make this type of commercial exchanges to function. However, to enable these different exchanges to function properly, different types of communication are necessary. Relational exchanges form the basis of the ideas represented in relationship marketing.

Many organizations use relationship marketing principles, that are manifested in the form of customer relationship marketing or loyalty marketing programs. Communication plays an important role in these exchange networks. At a basic level, communication can have one of the following main roles: This role the communication has may take the form of reminding clients of a need they might have, or of reminding them of the benefits of past transactions with the purpose to convince them that they should enter into a similar exchange.

In addition, it is possible to provide reassurance or comfort either immediately prior to an exchange, or morecommonlypost purchase.

New approaches to the business-to-business marketing communication essay

This plays an important role, helping the firm to retain current customers and improve profitability.New Approaches to the Business-to-Business Marketing Communication Essay Sample.

Approach to the business-to-business communication goes through the significant changes. The global crisis caused the shift to cheaper communication methods with the stress to the overall communication efficiency. Activities such as product development, research, communication, distribution, pricing and service are core marketing activities.

Business to Business market (B2B). Business market consists of all the organizations that buy goods and services to use for producing other products and services that, in turn, are sold, rented or supplied to. Marketing a Business Essay.

Creating, Financing, and Marketing a Business BUS March 3, Creating, Financing, and Marketing a Business A partnership is a voluntary agreement under which two or more people act as co-owners of a business for profit (Kelly & McGowen, , p.

76). Content marketing, especially in the business to business marketing environment, is a relatively new term and concept.

A common definition that has been used to describe content marketing came from Joe Pulizzi the founder of the Content Marketing Institute. Free Business essays. Marketing communications is a management process used by an organization to create a relationship with its various audiences.

By understanding the audience’s communications environment, organizations seek to create and deliver messages for their identified stakeholder groups, before evaluating and acting upon the responses.

In this essay, I am going to address the concept of “social marketing” and how does social marketing differ from “societal marketing” or “socially responsible marketing” in the first part, and in the second part, I am going to provide examples of each of the three approaches to marketing and analyse how these represent a departure.

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