Service and digital marketing

Services have special characteristics like intangibility, inseparability, heterogeneity and perishability. Due to these features, the traditional 4Ps model is not sufficient. The 7Ps model is more suitable for services marketing.

7Ps of Services Marketing

Why 7Ps are better?

  • The additional three Ps (People, Physical Evidence, Process) help to overcome the challenges of services such as intangibility, inseparability and variability.
  • The 7Ps framework provides a more complete and practical approach for services marketing compared to the traditional 4Ps.
TypeMeaningFocus Area
External MarketingPreparing services for customersService promise to customers
Internal MarketingTraining and motivating employeesMaking employees capable and willing
Interactive MarketingInteraction between employees and customersActual service delivery & experience

Digital Marketing is the promotion of products and services using digital technologies, primarily through the internet, mobile devices, and digital channels.

Scope of Digital Marketing

  • Search Engine Optimization (SEO)
  • Social Media Marketing (Facebook, Instagram, LinkedIn, etc.)
  • Content Marketing                                                                        
  • Email Marketing                                                   
  • Pay-Per-Click (PPC) Advertising
  • Affiliate Marketing
  • Mobile Marketing & App Marketing
  • Influencer Marketing
  • Analytics and Data-driven Marketing

Importance

  • Wide reach at low cost
  • Real-time interaction with customers
  • Better targeting and personalization
  • Easy measurement of results (ROI)
  • Helps small businesses compete with big players
  • Adapts quickly to changing consumer behaviour

Mobile Advertising

Basis of DifferenceTraditional MarketingDigital Marketing
DefinitionMarketing through offline channels like TV, radio, newspaper, magazines, hoardings, etc.Marketing through online and digital channels like internet, social media, mobile, email, etc.
Medium / ChannelsTelevision, Radio, Newspapers, Billboards, BrochuresWebsites, Social Media (Facebook, Instagram, Twitter), Google, Email, Apps, YouTube
CostHigh (expensive production and distribution)Relatively low and cost-effective
ReachLimited to local or regional audienceGlobal reach with wide coverage
InteractionOne-way communication (Company → Customer)Two-way and real-time interaction
TargetingMass marketing – broad and general audienceHighly targeted and personalized marketing
Measurement / TrackingDifficult to measure exact resultsEasy to measure through analytics tools (Google Analytics, ROI tracking)
Speed of CampaignSlow – takes time to launch and changeVery fast – campaigns can be launched and modified quickly
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