Marketing
Businesses
Billions
of dollars are spent every year on marketing and advertising
campaigns. There are many different forms of marketing
such as advertisements in the press and magazines, advertisements
on television and in the cinema, billboards and sponsorship
of sports teams.
Companies that have goods and services to sell need
the marketing industry to advertise these goods and
services for them. Whether it is from a local leaflet
drop to a multi-million pound advertising campaign there
is a marketing company to help. Some of the most famous
marketing campaigns of recent years have been ones advertising
Guinness and the Nike football adverts.
The internet has had a huge impact on the marketing
industry in recent years. The low cost of advertising
on the internet coupled with its ability to spread information
quickly and efficiently has given rise to new forms
of marketing. An example of this is viral marketing
campaigns which rely on an electronic form of word of
mouth to be successful. Pay per click marketing is also
a new innovation. Here marketers are paid for every
time someone clicks on the link to a specific website.
The internet also allows highly targeted advertising
be it for a specific age group, gender or nationality.
The future is bright for the marketing industry. Recent
developments in advertising on the internet coupled
with its more traditional methods in television, radio
and the printed press will ensure a steady revenue stream.
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