Marketing strategies explained in a simple way using marketing cases, marketing video cases, marketing notes, marketing exercises, marketing models, marketing 4.0, marketing 5.0, marketing trends, Marketing analytics, branding in India, Sports marketing in India, Indian marketing, retailing in India and Digital marketing in India.
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Monday, July 27, 2020
Customer community confirmation and marketing 4.0
Marketing managers sweat out to segment and target their customers. However, digital technologies allowed customer to create their own horizontal groups. To illustrate, customers in social networking site, WhatsApp created their own groups. These groups are having influence of marketing on their members. Hence, marketers must market their solutions to such groups. This emerging phenomena is called as customers community confirmation. Thus, Now marketers must develop strategies around such groups by identifying influencers among them. This has led to the growth of new marketing called as Influencer marketing.
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