Six Components of Marketing

There are several components of marketing, including but not limited to, advertising, personal
sales/fundraising, sales promotions and public relations. Marketing and its tactics are divided up into
several categories as shown in the chart.

Six Components of Marketing

Growth Plans – Strategies to identify and reach an organization’sgoals. 

Marketing Plan Market Identification
Budget Allocations Growth Potential
Market Research Funding Sources

Corporate Identity – The overall look and image of an organization. 

Branding Techniques Point of Difference Story
Logo Mission Statement
Trademarks Customer Service Goals

Public Relations – Tools to generate favorable publicity in Media. 

Press Releases Crisis Management
Press Kit Distribution Information Dissemination
Media Representative relations

Advertising – Devices used to affect new and existing consumers. 

Television Internet
Radio Web Advertising
Newspaper Yellow Pages
Direct Mail Magazines

Sales Force/Fundraising – Individuals who bring in revenue from thefield to the organization. 

Sales/Fundraising Staff Sales System
Target Market - Follow-Up Methods
Prospect Identification Presentation Materials
Sales Philosophies

Merchandising – Instruments used that display product or concept’s,benefits and features. 

Trade Show Booths Location Signage
In-Store Displays - Catalogs
Product/Concept Signage Brochures/Flyers
Website

All components are employed at different times in the life of a successful organization.

Figure 1. Marketing components
Each component of marketing has significance and benefits in its use. There needs
to be a distinction made between what is known as public relations and advertising. Public
relations role in marketing is to focus on a variety of internal and external stakeholders, including
employees, board members, stockholders, public interest groups, government and society at large.

There are five key goals of Public Relations (Clow, 2007):

  1. Identify internal and external stakeholders.
  2. Assess the organization’s reputation.
  3. Audit the organization’s social responsibility.
  4. Create positive image-building activities.
  5. Prevent or reduce image damage.

In many cases public relations costs nothing or the expense is minimal compared to buying media
time or space. To depend on public relations as the only “tool” in your marketing tool box can be
a disaster. Public relations gives the organization limited control in its messaging. Additionally, a
consistent message cannot be maintained over a long enough time span to influence consumer
behavior.

The over-dependence on PR can actually cripple the dissemination of information due to the
lack of control of the media. This can be seen by anyone who has given an interview to a reporter. The
aired or published story does not always line up with what was originally said to the reporter. It is
uncontrollable and can have many variables that could affect the validity and non-biased presentation
of the facts. All it takes for a Public Relations campaign to go awry is a young reporter pushing her own
agenda or not checking sources and facts. Many times, active public relations occur in response to a
specific event. Private industry and the environmental movement have both had to react in the past.
PR isn’t always getting the good news out, it is also responding to the bad.

It has often been said, “There’s no such thing as bad publicity!” Tell that to Exxon after the oil
spill in Valdez, Alaska. On March 24, 1989, Exxon shipping president Frank Larossi was quoted: “The
clean up is not proceeding well. Believe me, that is an understatement. We have a mess on our hands.”
(BBC News Archive, 1989) That statement or situation does not get cleaned up with a nice photo op of
birds and seals on a beach.

The Nature Conservancy responded after one of its board members was attacked for a
questionable land deal that showed a conflict of interest, “…IRS is conducting a major audit of the
Arlington-based Nature Conservancy, the world’s largest environmental organization.” (Stephens, 2004)
“IRS”, “conducting audit”, “Nature Conservancy” is not a series of words that a Nature Conservancy PR
person would want to see in one sentence.

A young reporter, oil spill or land deal gone bad is the flip side of public relations. At this point
it crosses into a whole different sphere of “Crisis Management”. (Dezenhall, 2007). It has this dubious
name for a reason. Public relations consultants are called in after a negative or crisis situation develops.
The information dissemination either went awry or simply had an undesired affect. At this point public
relations tactics are no longer cheap, but highly costly. It can take millions of dollars and years to
overcome not only negative PR, but badly disseminated PR.