Finding Solutions for Growing Businesses


DEFINING MARKETING COMMUNICATIONS

Here are excerpts from the handbook Small Business Guide to Effective Marketing Communications, provided by the Michigan Small Business Development Center, Detroit, Michigan and developed by the Business Enterprise Development Center, Troy, Michigan.


The term marketing refers to all of the elements involved in the flow of goods and services from the producer to the consumer. This includes the design of the product or service, how it is priced, how it is distributed, and how we communicate information about these goods and services to the customer.

The last point in the above description refers to marketing communications, or communicating to the customer what you have to sell. Marketing communications includes understanding your customers and prospects, and developing and placing messages that will build and reinforce the buying/using tendencies of these audiences. In other words, effectively planned and executed marketing communications will help get prospects "in the door" and convince them to return.

A marketing communications program generally incorporates a number of tools and tactics based on a company's objectives, geographic reach, operating environment and budget. In this guide, you will find marketing communications tools and tactics that are cost effective and practical for the small business owner. In some cases, it is suggested that professionals be called upon to provide strategic planning, research and other specialized services.

Marketing communications efforts include: understanding your customer and prospect; establishing an identity for your company, product or service; using cost effective advertising, publications, and publicity to generate awareness and interest; and building relationships in the community and among key influencers.

Development of an overall marketing or business plan that incorporates the above concepts and disciplines enables you to identify your objectives and develop a marketing communications strategy that focuses on results. A marketing plan enables you to establish priorities, plan for consistency among messages, define budget restrictions and target your messages. The development of a complete marketing plan is highly recommended. The focus of this guide is on marketing communications, which is only one element of an overall marketing or business plan.

Marketing Communication Terms


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