Micro marketing

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PrabhatP
Posts: 61
Joined: Thu Dec 11, 2014 10:46 am

Re: Micro marketing

#1 Postby PrabhatP » Wed Feb 11, 2015 9:20 am

Micro marketing is all about targeting markets at local level and also at indivisual level. It helps to establish stronger relationships and improves operations efficiencies. IN this era of digital revolution micro marketing can be used as a special tool to reach out to target certain individuals at local level to increase the profit and market share. It can be done through economical and efficient advertising, marketing & through word-of-mouth...

saketroy2
Posts: 175
Joined: Mon May 26, 2014 11:23 am

Re: Micro marketing

#2 Postby saketroy2 » Thu Feb 05, 2015 9:41 am

Due to fierce competition and lots of substitutes availability, customers have lot of choices and in these cases if marketer is not able to track minute needs and details of target customers., they may loose them. One of the earliest example of Micro marketing campaign by Xerox as they sent brochure to single recipient showing automobile models of his interest. This showed the personal care and pampering towards the client and info also showing their good quality.

vitaj
Posts: 60
Joined: Fri Jul 11, 2014 9:50 pm

Micro marketing

#3 Postby vitaj » Thu Aug 07, 2014 2:09 pm

Micro marketing is the practice of customizing products and services for the tastes and preferences of the specific individuals. Differentiated and customized marketers customize their offerings to meet the need of market segments. Rather than seeing every group as same, marketers in micro marketing tries to see every individual as different and try to satisfy. This is a very expensive type of marketing as we have to customize our offerings for every individual.


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