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marketing strategy formulation for innovative product development
marketing strategy formulation for innovative product development

... potential competitive advantage of the company. Ph. Kotler (2003) says that a company can acquire new products in two ways, that is, to buy another company or license the patent – to produce someone else’s product or a company’s research division. Industrial research and development (R&D) utilizes s ...
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... The key to being successful with social media content is to share and create content that is relevant to your brand and valuable to your audience. As a potential consumer of the agency, take a look at the content, is it relevant to you and your interests/concerns? Original content should not only be ...
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Magic Quadrant for Global Digital Marketing Agencies

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Social responsibility in environmental marketing

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Guerrilla marketing

Guerrilla marketing is an advertisement strategy concept designed for small businesses to promote their products or services in an unconventional way with little budget to spend. This involves high energy and imagination focusing on grasping the attention of the public in more personal and memorable level. Some large companies use unconventional advertisement techniques, proclaiming to be guerrilla marketing but those companies will have larger budget and the brand is already visible. The main point of guerrilla marketing is that the activities are done exclusively on the streets or other public places, such as shopping centers, parks or beaches with maximum people access so as to attract much audience.Unlike typical public marketing campaigns that utilize billboards, guerrilla marketing involves the application of multiple techniques and practices in order to establish direct contact with the customers. One of the goals of this interaction is to cause an emotional reaction in the clients and the final goal of marketing is to get people to remember brands in a different way than they are used to . The technique involves from flyer distribution in public spaces to creating an operation at major event or festival mostly without directly connecting to the event but using the opportunity. The challenge with any guerrilla marketing campaign is to find the correct place and time to do the operation without getting involved in legal issues. The different types of guerrilla marketing are: Ambient, Ambush, Stealth, Viral and the new concept called Street Marketing, coined by Dr. Marcel Saucet, Professor at University of San Diego and Harvard case study lecturer in his book Street Marketing TM, in 2013.
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