MARKET
RESEARCH:
TACTICS OF
THE
PRESENT
DAY
Senior Communication
Capstone Project
Prepared by: Rachael Berthiaume
Worcester State University
Table of Contents
Introduction
History of Marketing
Today's Marketing
Interviews
Results/Conclusion
References
SENIOR CAPSTONE // MAY 2019
03
INTRODUCTION
For over more than a century marketing has undergone
hundreds of changes. What propelled business growth
50 years ago might not be successful today, because
society is constantly changing.
04
HISTORY OF MARKETING
Production Concept
"Companies with this philosophy today risk focusing their
efforts too narrowly on their own operation losing sight of
producing to meet customer expectation and needs to create
customer value" (Keelson, 2012).
Product Concept
“The product concept compelled companies to ensure
improving product quality and introduce new features to
enhance success and product performance,” (Keelson, 2012).
Selling Concept
Aggressive salesmen and, “focusing primarily on customer
conquest, getting short-term sales with little concern
about who buys or why" (Keelson, 2012).
Marketing Concept
"Starts with a well defined market, focuses on customer
needs, and integrates all the marketing activities that
affect the customer" (Keelson, 2012).
Holistic Concept
“The holistic marketing concept should be viewed as a
summary of what effective and efficient marketing involves
rather than a business philosophy,” (Keelson, 2012).
SENIOR CAPSTONE // MAY 2019
05
TODAY'S MARKETING
eWOM:
Free marketing; telling friends and family about
products and services that you love in an online
space, anonymous reviews
People trust real customer reviews vs. brand
website
Social Media:
1.8 bil people spent 118 min/day on social media in
2016
Scheduling content: time matters
What you post matters: emotions
Transformative Marketing:
The next marketing concept: being far ahead of the
competition
will lead to higher efficiency and effectiveness
SENIOR CAPSTONE // MAY 2019
06
TODAY'S MARKETING
Omni-Channel Marketing:
Reach more people in different places with one
message
Deeper marketing campaign
More touch points, more ways to interact with
consumer
Brand awareness
Blogging:
Giving knowledge to other people in a casual way
Can boost credibility for an organization
Platform for distributing information for new
products, commentary, etc
Affiliate marketing, sponsored posts
SEO:
Search Engine Optimization: all organic leads to
your site through search engines
Using strategic keywords so search engines see you
as a leader; higher ranking
SENIOR CAPSTONE // MAY 2019
07 INTERVIEW:
CHRISTINE OF CRAFT'D COMPANY
Free Items Email Events
08 Interview:
Kelly of Mass Live
Video Brand Awareness Customer Expectation
09 INTERVIEW:
John Either of Greater Good
Face to Face Targeting Social Media
10
RESULTS/CONCLUSION
13 REFERENCES
Kanuri, K.V., Chen, X., & Sridhar, S. (October 2018). Scheduling Content on Social Media:
Theory, Evidence, and Application. Journal of Marketing. 8 (6). 89-108
https://doi.org/10.1177/0022242918805411
Keelson, S.A. (April 2012). The Evolution of the Marketing Concepts: Theoretically
Different Roads Leading to Practically Same Destination! Online Journal of Social Sciences
Research, 1 (2). pp. 35-41 Retrieved from
https://www.researchgate.net/publication/312985541_The_Evolution_of_the_Marketing_C
oncepts_Theoretically_Different_Roads_Leading_to_Practically_Same_Destination
Kumar, V. (July 2018). Transformative Marketing: The Next 20 Years. Journal of Marketing.
82 (4). 1-12. https://doi.org/10.1509/jm.82.41
Lee, M., & Youn, S. (January 2015). How eWOM Platforms Influence Consumer Product
Judgement. International Journal of Advertising, 28, 473-499
https://doi.org/10.2501/S0265048709200709
Meerman Scott, D. (2017). The New Rules of Marketing and PR: How to Use Social Media,
Online Video, Mobile Applications, Blogs, News Releases, and Viral Marketing to Reach
Buyers Directly. Wiley Publishing