Tuesday, 20 September 2016

THE EVOLUTION OF MARKETING

Marketing has been in existence for many years, practiced by organizations to not only have repeat business but to also attract new business. There are a number of industries that have changed from using the old traditional ways of marketing into new innovative strategies. With the years going by, technology keeps upgrading and making things easier for people to live. The internet has to be the most significant innovations that have been invented. The advantage of the internet is that most if not all people can access it. This gives organizations a chance to exist in the digital world and communicate with people on a much easier platform

The evolution of marketing has taken the old traditional ways of “Face-to-face” marking and thrown it in the bin. This strategy may have its advantages back then and now, but the internet has proven to be much effective when it comes to getting your organizations word out there.
Consider the entertainment industry for instance, musicians in the 90’s and early 2000’s relied on radio, television, publications and word of mouth to market their music. Record companies spend thousands of rand’s (if not millions) on marketing alone. Basically what the internet has advantage of is that it gives the company direct communication with the public, eliminating the intermediary and the costs that come with it.
That is why most artists are independent, hence they get to be in charge of how they market themselves by utilizing all social media platforms to their advantage. Cutting off the need to be part of a record company that will market the music for you.


The 21st century marketing strategies help also to measure the amount of people that are interacting with the organizations via the businesses website, twitter, Facebook and Linked In accounts. Measurement of participation on social media platforms assists organizations in their product marketing campaign. How? The need to know is important for organizations. Organizations need to know how many people are interested in their brand, social media platforms will give them the results/feedback of what people think about their product. This strategy will also guide them to when an advert can be sent to the media, how the advert should look-like and to which targeted audience should their advert communicate too.