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Business Methods And Objectives Of Marketing And Communication

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Organisations irrespective of their business model use various marketing and communication tools to promote their offerings and achieve financial and non financial goals. Companies have number of general objectives for their marketing and communication programs. Some of these objectives can be informing the prospective customers about their product offerings. Then an attempt is made to persuade these customers to choose their products out of the given basket of product offering available in the market. Finally, the objective of the marketing and communication program is to induce the customers to make a purchase. Moreover, it helps in communicating with the customers frequently in order to retain them to make repeat purchase.
3.1.2 Establishing Marketing and Communication (MARCOM) Objectives
Integrated Marketing and Communication brings together all tools of marketing communication to send consistent messages to target audience. …show more content…

A proper system should be developed for reviewing and releasing the marketing information content. News releases regarding the company’s conduct or attempt to address a crisis or scandal should be clear and consistent in conveying their message. Uniform and consistent approach to marketing communication helps marketers to make clarifying statements regarding the product to the customers by maintaining the brand image of the company.
Status: Companies maintain a status in the market among the customers, competitors and vendors. Carefully designed and developed marketing and communication messages should the product offering and the brand image of the company. The marketing pieces should use tags such as "the No. 1 choice of clients" so that it becomes catchy and easily recognisable by the prospective customers. However, marketing study should be done by a third-party research firm to confirm the claim for its

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