Friday, 14 September 2012

Direct Marketing - basic notes

The following notes are on Direct Marketing (DM):
 
Basic definition: it is a way of acquiring and retaining customers with an integrated approach: analysis of individual customer information, strategy formation, & implementation that enables customers to respond directly.
 
 
Main characteriscs:
a. Adopt ideas from both the transaction and relationship philosophy of marketing
b. Make use of a database of individual customers records
c. Make use of both mass media and personal media for marketing communication
 
 
DM can  be employed in 3 ways:
a. DM drives the business
b. DM drives part or all of the marketing strategy
c. DM is used within the communication mix
 
 
 
References

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