1.4 Types of marketing
Marketing takes many forms, though they all share the same underlying principles:
- consumer marketing
marketing to the final consumer: for example, fast foods, toothpaste, cars, air travel - business to business marketing
marketing to firms and their specialist buyers: for example, catering services, machinery, aircraft - services marketing
marketing of intangibles and perishables: for example, banking, travel, hotels, insurance - non-profit marketing
marketing of social services and culture: for example, charities, health, universities, ecology - international marketing
marketing in different economic social, cultural, and political environments: for example, Coca-Cola, Toyota , Qantas, Neptune Orient Lines (NOL), P&O Ports .
There is a fair bit of overlap between the different forms of marketing each product. For example, holiday travel is both consumer and services marketing. Turn to the next reading for some other categories of marketing.
In your text
Kotler et al. (2004) Chapter 11, pp. 400-404, 'Extending the classification of products and services'.
Consider this
How would you classify the marketing of cargo space?
Now that we are aware of where services marketing fits into marketing we will now begin to focus in on this relatively new form of marketing.