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Summary
What is Multi Channel Marketing?
After their first arrival, the telephone, fax, email, mobile phone and
the internet were quickly adopted in business contacts and for business transactions,
creating new channels to do business. These channels can be treated individually
and often are treated separately. However the Multi Channel Marketing philosophy
is aimed at managing all contact processes between customers and channel participants
during all phases of the relation through combining two or more marketing
channels which are reinforcing each other.
What Kind of Communications Channels exist? Types
Communication Channels can be categorized and used by businesses
along the following dimensions:
One-to-many (radio, television, magazines, newspapers) versus
one-to-one communication (direct sales, service employees). Websites,
email, letters, and telephone are somewhere in the middle.
Impersonal versus face to face communication
Social versus instrumental communication (aimed at efficiency)
Interactive (internet) versus non-interactive communication
(passive)
One sense (radio, magazines) versus multiple senses communication
(direct sales, virtual reality)
Traditional (appealing to older, conservative people) versus
new technology communication (appealing to young people)
Note that Multi Channel Marketing is about utilizing multiple channels
to sell products or services, and must not to be confused with advertising
through multiple mediums.
Usage of Multi Channel Marketing. Applications
Both Business to Consumer and Business to Business.
Various channels can be preferable in various stages of the customer relation
or sales cycle (see picture):
Attracting
Informing
Advising
Transaction / Contract
Support / Service
Relation Building
Strengths of Multi Channel Marketing. Benefits
Increased efficiency and reduced costs by using the strengths
of each channel in an optimal way.
Increased market coverage and customer reach.
Limitations of Multi Channel Marketing. Disadvantages
Managing many channels can be complex and challenging. Traditionally
many business are organized by channel, which makes implementing multi channel
difficult.
Certain customers should be avoided in certain channels. This fact may
annoy them if they find out about it.
Potential channel conflicts, for example between direct sales channels
and indirect channels (with partner firms). Compare: Bricks and Clicks.
Special Interest Group
Multi Channel Marketing (Multi Channel Strategy) Special Interest Group.
Forum discussions about Multi Channel Marketing (Multi Channel Strategy).
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Courses
Courses about Multi Channel Marketing (Multi Channel Strategy).
Beginners Course
Advanced Course
Course for Experts
Best Practices
The best, top-rated topics about Multi Channel Marketing (Multi Channel Strategy). Here you will find the most valuable ideas and practical suggestions.
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Build Strategic Partnerships as Marketing Channels
We can build a strategic partnership to be a marketing channel. Recently, many businesses are creating relationships with strategic partners and develop them as a strategic partner. In spite of differ...
Avoiding Pitfalls in Multi-Channel Marketing Channel conflict is generated when one channel member’s action prevents another channel from achieving its goal. Therefo...
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Information Sources
Various sources of information regarding Multi Channel Marketing (Multi Channel Strategy). Here you will find powerpoints, videos, news, etc. to use in your own lectures and workshops.
Mass Media, Media Selection, Channels, Advertising, Media Types, Media Scheduling This presentation elaborates the concept of media, related to consumer behaviour and businesses. The presentation includ...
Social Media, Internet Strategy, Internet Impact, Digital Revolution Video shows how fast social media is growing. And gives a clear status of the position of social media by 2014.
Great s...
Making Sales and Marketing Work Together, Understanding the Differences Funny explanation of Marketing and Sales by contrasting and comparing them with short sketches....
Multi Channel Marketing, Management Short presentation about multi channel marketing, including:
1. Definition of multi-channel marketing
2. Channel optio...