Marketing is a dynamic field continuously evolving with new technologies and consumer behaviors. Here are some innovative ways to define what marketing is:
1. Through the lens of experience: Marketing is not just about selling products or services, it’s about creating a memorable and positive experience for the customer throughout their entire journey with your brand. This could involve crafting personalized interactions, using immersive technologies, or fostering emotional connections.
2. As a catalyst for change: Marketing can be a powerful tool to drive positive change, not just in consumer behavior but also in society as a whole. This could involve promoting sustainability, advocating for social causes, or empowering communities.
3. As a conversation, not a monologue: Traditional marketing often felt like a one-way communication channel. Today, marketing is about having a two-way conversation with your audience, listening to their needs and responding in real-time. This involves building genuine relationships and fostering authentic interactions.
4. As a journey of discovery: Marketing can be seen as a way to help people discover themselves and their needs. This involves understanding their desires, aspirations, and pain points, and offering solutions that truly resonate with them.
5. As a form of storytelling: Marketing is about crafting compelling narratives that connect with people on an emotional level. This can involve using different storytelling formats, from data-driven narratives to humorous skits, to capture attention and build brand loyalty.
6. As a data-driven science: While creativity is crucial, modern marketing relies heavily on data analytics to understand audience behavior, measure campaign effectiveness, and optimize strategies. This data-driven approach helps ensure marketing efforts are targeted and impactful.
7. As a collaborative effort: Silos are broken down in today’s marketing landscape. It’s about collaboration between different departments, from sales and product development to customer service and data analysis, to create cohesive and effective marketing campaigns.
8. As a continuous experiment: Marketing is no longer a set-it-and-forget-it activity. It’s about constant experimentation and adaptation, trying new technologies, exploring emerging trends, and learning from successes and failures to stay ahead of the curve.
Remember, these are just a few suggestions to spark your thinking. The most innovative definition of marketing will depend on your unique perspective and approach to the field.
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About the Author: Tanay Sarpotdar
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Marinoid has a different grammatical meaning. We coined it from two words viz Marketing + Droids. A futuristic approach to marketing. Our mascot ‘Noidy’ is designed and inspired by the movie, WALLE and shares the same emotional quotient.
PESO is an abbreviation for Paid – Earned – Shared – Owned. It is a marketing model derived to channel or organise our thoughts and efforts to include all aspects of marketing.
In simple terms, your website – your most critical asset. Focus most of your efforts on making this asset robust, scalable and simple. It should be your best replacement on the web and all your efforts should be circled around this asset.
A wise man once said – “If you throw peanuts, you will only attract monkeys!” At Marinoid, we focus on helping you achieve GTM first rather than focusing on our profits – so don’t worry we will help you regardless.
Digital Marketing is not magic. It is a science and art. Besides, there are various factors which decide ‘success’. Treat marketing as an investment centre rather than a cost centre. Understand and brainstorm as much as possible before committing to the plan.
Digital marketing is the component of marketing that utilises internet and online based digital technologies such as desktop computers, mobile phones and other digital media and platforms to promote products and services. (Wikipedia Definition)
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