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Assignment 3 - Communicating With The Market
Assignment 3 - Communicating With The Market
Question 1: What are the various methods of communicating with the market that is used?
Provide details including who are the target customers.
Answer: Banglalink is a nationwide telecommunications operator. In that aspect, their
customer’s geographical segmentation includes the entire country. In terms of demographics
their customers would range from 18 and above. The economical class would be from lower
to the higher end. The main psychographic trait of these customers is that they all seek
connectivity in the form of communication. But, diving more into the customer segments,
Banglalink has customer segments of Business, Personal, and other agencies.
To reach the above-mentioned customer segments, Banglalink adopts different
communication methods. This comprises of both traditional and digital mediums of
communication. Considering service information, product promotions, offers, and any form
of announcements, Banglalink uses a blend of ATL, BTL, & TTL channels. In terms of social
media, Facebook, YouTube, Google, Instagram, Messenger, and other local advertising
platforms like Eskimi are mainly preferred. Along with them traditional channels like trade,
TV, outdoor assets like billboard, shops, etc. are quite prominent. Now, in these channels the
methods that deliver the communication are advertisements, direct marketing (field level
sales interactions), telemarketing (for offers and promotional contents), catalogues (mostly
for retailer businesses), sales force management (through field sales and touchpoint
interactions), web marketing (promoted ads, targeted campaigns, contests, etc.), and trade
shows (annual conference, product launch, milestone celebrations), etc.
Question 3: What weightage is given or spend allocated to the various methods e.g.,
advertising, direct marketing, public relations, trade shows etc.
Answer: Communication is a double-edged sword and people who are responsible for this
have to stay alert and weigh the merit before going ahead with any type of communication.
Hence, effective market communication for business organizations requires the optimum use
of all available and relevant methods. Among the different methods available to Banglalink
uses a blend of almost all of them. However, the composition of these methods to be used
varies as per business requirements.
For certain promotional campaigns, advertising is heavily relied on whereas for certain
business expansion initiatives trade shows are more relied upon. In such manners the
composition varies. Now, to assess the weightage certain factors come into consideration. For
example, the potential of reach, the degree of customizability, the monetary rate for adoption,
the ease of operability, and the effectiveness and availability of the method to the public.
These are some considerations on weightages and spendings to be allocated to different
methods for market communication by Banglalink. Since the use of methods vary with
business requirements, it does nor remain fixated on certain weightages.
One evident scenario is that Banglalink relies on advertisements heavily. In digital and
traditional media channels they exhibit their commercials. Again, they mainly partner up or
sponsor major events and also hold launch events of new business services and products. So,
the weightage is found to be comparatively more established on advertisements compared to
other methods. The second weightages put would be in direct marketing and public relations.
And, thus through these logical grounds of analysis the weightages on different methods are
assessed for market communication by Banglalink Digital Communications Limited.