Real Estate Forums

Real Estate Chat Discuss general issues in the world of real estate. Trends in the industry, which franchise to join, recent real estate news. New Realtors, learn from seasoned agents and brokers.

Reply
 
Thread Tools Display Modes
Old 07-02-2009, 02:19 AM
davidpeter davidpeter is offline
banned
 
Join Date: Jun 2009
Posts: 8
davidpeter is on a distinguished road
Default Marketing vs. Advertising

You will often find that many people confuse marketing with advertising or vice versa. While both components are important they are very different. Knowing the difference and doing your market research can put your company on the path to substantial growth.

Let's start off by reviewing the formal definitions of each and then I'll go into the explanation of how marketing and advertising differ from one another:

Advertising: The paid, public, non-personal announcement of a persuasive message by an identified sponsor; the non-personal presentation or promotion by a firm of its products to its existing and potential customers.


Marketing: The systematic planning, implementation and control of a mix of business activities intended to bring together buyers and sellers for the mutually advantageous exchange or transfer of products.

After reading both of the definitions it is easy to understand how the difference can be confusing to the point that people think of them as one-in-the same, so lets break it down a bit.

The best way to distinguish between advertising and marketing is to think of marketing as a pie, inside that pie you have slices of advertising, market research, media planning, public relations, product pricing, distribution, customer support, sales strategy, and community involvement. Advertising only equals one piece of the pie in the strategy. All of these elements must not only work independently but they also must work together towards the bigger goal.


los angeles business investors
Reply With Quote
Old 07-02-2009, 04:11 PM
papaul1621's Avatar
papaul1621 papaul1621 is offline
REW Client
 
Join Date: Aug 2007
Location: San Diego, Ca
Posts: 793
papaul1621 is on a distinguished road
Default Re: Marketing vs. Advertising

Thanks for the post. This would of been a good quick blog too.
__________________
Paul Caparas
Broker Associate/Realtor
Weichert Realtors Elite

San Diego Homes For Sale
Scripps Ranch Real Estate
Mira Mesa Real Estate
Reply With Quote
Old 07-02-2009, 08:19 PM
RJO Salt Lake's Avatar
RJO Salt Lake RJO Salt Lake is offline
REW Client
 
Join Date: Nov 2008
Location: Salt Lake City, Utah
Posts: 363
RJO Salt Lake is on a distinguished road
Default Re: Marketing vs. Advertising

Good pie analogy. Now will the consumer keep coming back for more? Yes, if you've put all the ingredients together correctly!
__________________
Ron Ogden | Salt Lake City Realtor | RE/MAX Metro
Utah Real Estate The Premier Source for Buying & Selling Homes in Utah
Salt Lake City Homes For Sale Salt Lake City and Park City Area Real Estate
Read my Dwell Utah Real Estate Blog Interesting Articles & Info on Living in Utah
Reply With Quote
Old 07-05-2009, 10:33 AM
jihni's Avatar
jihni jihni is offline
Advancing Webmaster
 
Join Date: Jun 2009
Posts: 54
jihni is on a distinguished road
Default Re: Marketing vs. Advertising

Very enlightening post. I've always thought advertising and marketing mean the same -- 'til now. Thanks!
Reply With Quote
Old 07-05-2009, 09:50 PM
Lewi's Avatar
Lewi Lewi is offline
Real Estate Web Guru
 
Join Date: Apr 2006
Location: Redding, CA
Posts: 332
Lewi is on a distinguished road
Default Re: Marketing vs. Advertising

a good use of words to describe what we know, knew, forgot, or in some cases didn't think to define in such a distinctive and articulate way. Well done.
__________________
Eric Lewis
Redding California


Redding Homes available at Redding CA Real Estate.
Redding Real Estate. -- For fun: Redding Golf at Golf Redding.com.
Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Subdivsions, New Developments: Marketing NY RE Broker Real Estate Chat 6 05-11-2009 11:48 AM
Free Advertising from the big PPC networks 20something RE Guy Real Estate Chat 9 12-19-2008 01:53 AM
Listing Marketing Budget shredder Real Estate Chat 7 12-05-2008 11:42 AM


Real Estate Webmasters on Facebook

For our members

Main Sections

IDX Coverage Areas

Spiders Welcome

All times are GMT -7. The time now is 03:33 PM.


Powered by vBulletin®
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.