Content introduction:
Direct marketing:
Direct marketing is a form of sales strategy in which companies furnish physical marketing materials to consumers in order to disseminate information about a product or service. It does not use the conventional methods like newspaper, radio or television. Direct marketing eliminates the middlemen from the promotion process as companies try to promote their products within a small budget constraint.
Interactive marketing:
It is a process that reacts and changes based on the actions of individual customers and prospects. This kind of marketing is more effective than direct marketing since it is event based and absorbs the reactions of customers which drives up marketing effectiveness.
Mass marketing:
This form of marketing is aimed at targeting the entire market utilizing mass distribution and mass media. Firms use this strategy ignoring market segment differences and appeal to the whole market with one offer and one strategy.
Want to see the full answer?
Check out a sample textbook solutionChapter 25 Solutions
Economics Today: The Micro View Plus Mylab Economics With Pearson Etext -- Access Card Package (19th Edition)
- Principles of Economics (12th Edition)EconomicsISBN:9780134078779Author:Karl E. Case, Ray C. Fair, Sharon E. OsterPublisher:PEARSONEngineering Economy (17th Edition)EconomicsISBN:9780134870069Author:William G. Sullivan, Elin M. Wicks, C. Patrick KoellingPublisher:PEARSON
- Principles of Economics (MindTap Course List)EconomicsISBN:9781305585126Author:N. Gregory MankiwPublisher:Cengage LearningManagerial Economics: A Problem Solving ApproachEconomicsISBN:9781337106665Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike ShorPublisher:Cengage LearningManagerial Economics & Business Strategy (Mcgraw-...EconomicsISBN:9781259290619Author:Michael Baye, Jeff PrincePublisher:McGraw-Hill Education