Opinion: The Art and Science of viral content marketing, Marketing & Advertising News, ET BrandEquity

We are looking at an age where marketing executives will need to have a clear vision in their marketing strategy and build a framework-driven data-collection process. New modes of interaction have emphasized real-time data as the marketer’s biggest asset. Indeed, the profile of the marketing function has evolved over time, and will evolve hr music com further, to drive business. Hence StoryEq – to share perspectives & ideas on the storytelling ‘mindset and skill’, so everyone can convert their experiences into growth. While professionals create digital footprint for themselves, organizations can benefit tremendously by sharing this knowledge with prospects to bring in new business.

marketing as a science and art

Markets are constantly changing with the changing behaviour of buyers. The marketer must evaluate all aspects of the industry and determine which combination of product, price, promotion, and distribution will be most effective. Since a lot of elements are subject to change, regular assessment of the outreach model becomes necessary for a successful marketing campaign. Studying marketing helps in leveraging the human mind to influence shoppers’ behaviour. Consumer psychology is all about studying the buying patterns, preferences & reactions of the end-user which provides an edge in establishing a firm footing while starting a career in marketing and its disciplines. In more than two decades of selling and a decade of teaching marketing, I have often come across the question as to what is marketing. Before proceeding further, let us clarify as to what a science is and what an art is.

Only aminorityreact to online customer interactions immediately – 43% in the pre-purchase stage, 38% during purchase, and just 35% post purchase. For marketing to derive the full benefits of data-driven insights, it’s critical to take a robust approach to the discipline. Data mastery – meaning extracting insights from deep data analysis to shape marketing decisions and customer activation – will be key to marketing in the future. Other steps include investments in AI technologies, as well as in talent and skills to create actionable and real-time insights. With the subscription economy set to grow to$1.5 trillionby 2025, business strategy, organization culture, processes, product, and people are all being driven by a strong foundation of data management and insights. Take the example ofNetflix, a pioneer of subscription-based content; if a customer logs in late night, the platform recommends the shows they have already watched or those of shorter duration instead of longer ones.

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A lot of your inbound enquires are for demos or seeking more information from your sales teams. Track conversion metrics to see how many people read your content/ watch your explainer videos before requesting a demo. Then see if there is a higher conversion ratio for such leads. Identify the key drivers that attract and engage the right audience with your content. However, it’s a highly dynamic area with new forms of content (e.g. Reels, Shorts) replacing the old ones. Moreover, integrating it with other digital marketing avenues and measuring its success is not straightforward.

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The definition of art is controversial in contemporary philosophy. Whether art can be defined has also been a matter of controversy. The philosophical usefulness of a definition of art has also been debated.. It is a diverse range of human activities and the products of those activities. The nature of art, and related concepts such as creativity and interpretation, are explored in a branch of philosophy known as aesthetics(Kennic & Kennick, 1979). For our purpose the following explanation of art will suffice. And lastly, one of my charter school clients simply writes handwritten thank-you notes to the parents for coming, telling them that they would love to have their child at the school.

Any attempt to write a good article starts with research, and here’s what I stumbled upon – “Business storytelling is a science and an art.” The questions posted on the site are solely user generated, Doubtnut has no ownership or control over the nature and content of those questions. Doubtnut is not responsible for any discrepancies concerning the duplicity of content over those questions. Our payment security system encrypts your information during transmission. We don’t share your credit card details with third-party sellers, and we don’t sell your information to others. Art is knowing which projects are ‘pilot’ to prove or test a point.

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