Kya Marketing , Advertising , Sales Ek Hi Hai? | #learndigitalmarketinginhindi
Summary
TLDRIn this session, Sandeep Banshali discusses the key differences between advertising, selling, and marketing, emphasizing the common confusion among people. Advertising is about making the product known, selling is converting products into cash, while marketing is the process of satisfying customer needs. The video further explores traditional vs. digital marketing, highlighting how digital marketing offers more control, customization, cost-effectiveness, and tracking capabilities compared to traditional methods. He stresses that good communication is crucial for effective marketing, regardless of language proficiency.
Takeaways
- π‘ Advertising, selling, and marketing are often confused concepts, but they are distinct from each other.
- π’ Advertising involves informing the audience or marketplace about a product or service, making it known to the public.
- π° Selling is the act of converting a product into cash by actually making a sale and generating profit.
- π Marketing is a broader process that involves meeting and satisfying customer needs through activities like product planning, pricing, promotion, and distribution.
- π§ Good communication is key to effective marketing; language proficiency is not a barrier as long as ideas are conveyed clearly.
- πΊ Traditional marketing includes methods like print ads, TV commercials, billboards, and direct mail, while digital marketing uses online tools such as social media, search engines, and mobile devices.
- π Digital marketing allows for more control, customization, and real-time tracking of campaigns compared to traditional marketing.
- πΈ Traditional marketing tends to be more expensive, while digital marketing is more cost-effective.
- π― Digital marketing enables targeted, specific audience outreach, whereas traditional marketing reaches a broader, more general audience.
- β± Traditional marketing takes more time to execute, while digital marketing offers faster and more flexible options for adjustments and testing.
Q & A
What is the primary difference between advertising, selling, and marketing?
-Advertising involves informing the audience about a product or service, selling is the act of converting the product into cash through a sale, and marketing is a broader process that includes meeting and satisfying customer needs through activities such as product planning, pricing, promotion, and distribution.
Why do people often confuse advertising, selling, and marketing?
-People often confuse these concepts because they are closely related and frequently used interchangeably. However, each represents a distinct part of the business process: advertising focuses on raising awareness, selling is about closing deals, and marketing is about creating value and satisfying customer needs.
How does good communication play a role in marketing?
-Good communication is essential in marketing because it ensures that ideas are effectively conveyed to the audience. Whether or not someone has perfect language skills, if they can communicate their message clearly and persuasively, they are engaging in effective marketing.
What is the main advantage of digital marketing over traditional marketing?
-Digital marketing allows for more control, tracking, and customization. Advertisers can target specific audiences, track the performance of their ads in real-time, and make adjustments quickly. In contrast, traditional marketing lacks these capabilities and is generally more expensive and slower to adapt.
What is one limitation of traditional marketing?
-One major limitation of traditional marketing is the inability to track who sees the ads, as well as the time and effort required to produce materials such as TV commercials or billboards. It also lacks the customization and targeting capabilities of digital marketing.
How does digital marketing enable better audience targeting?
-Digital marketing allows advertisers to define specific audiences, such as targeting only doctors or housewives, based on data such as demographics and behavior. This level of customization is not possible with traditional marketing methods like TV or print ads.
Why is digital marketing considered more cost-effective than traditional marketing?
-Digital marketing is more cost-effective because it allows for precise targeting, real-time tracking, and flexible budgeting. In contrast, traditional marketing methods like TV and newspaper ads are generally more expensive and harder to modify.
When might traditional marketing be more effective than digital marketing?
-Traditional marketing can be more effective for generic products with mass appeal, such as consumer goods like biscuits, where reaching a large, broad audience is more important than precise targeting.
What is A/B testing, and why is it not possible in traditional marketing?
-A/B testing is the process of running two versions of an ad and comparing their performance to determine which is more effective. In digital marketing, this is easy to implement, but it is not feasible in traditional marketing due to the fixed nature of materials like TV ads or billboards.
How does the speed of execution differ between traditional and digital marketing?
-In digital marketing, ads can be created and launched quickly, sometimes within an hour. In contrast, traditional marketing campaigns, such as TV commercials or print ads, can take weeks or months to produce and launch.
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