Marketing and advertising are fuzzy disciplines to begin with - ask 20 experts what the difference between the two is, and you'll get 20 diverse responses. Much of the business world stirs marketing and advertising together in one big bouillabaisse of methods to get products to prospects and clients. For professionals implementing marketing and advertising initiatives, however, it is important to understand that the terms are not synonymous.
Advertising is just one component, or subset, of marketing. Public relations, media planning, product pricing and distribution, sales strategy, customer support, market research and community involvement are all parts of comprehensive marketing efforts. As you market your company and its products or services, keep in mind all the facets that work together to constitute marketing:
A simple concept by definition, if not execution, marketing is every way you touch a prospect or customer. That includes tools such as paid advertising, and it also includes dozens of smaller variables, everything from how your receptionist answers the phone, to how an order is fulfilled, to the positive or negative buzz about your product.
Take the first step (it's free).
You may also like:
- COVID-19's Impact on Marketers' Content, Investment, and Targeting Strategies
- Five Measures for Proving the ROI of Your Employee Advocacy Efforts
- The Future of Marketing Events in the Age of COVID-19
- B2B Brands: Five Marketing Strategies to Come Out of the Recession Strong
- COVID-19's Impact on Digital Agencies' Revenue and Leads