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What is telemarketing? Explain its types.

Answer»

Telemarketing:

Marketing of goods or services through telephone calls or promotion through demonstration of product as advertisements on television is called telemarketing.

Types :
(A) Telephonic marketing
(B) Television marketing

(A) Telephonic marketing:

  • A trade method where in potential customers are contacted through telephones and information and features about products is given and then sold is called telephonic marketing.
  • If the potential customers show interest on telephone, the telemarketers take – their appointment and visit them at decided time. They then explain the product in detail and try to sell.
  • This method is largely used for selling financial products like home loans, vehicle loan, insurance, credit cards, etc.
  • Telemarketing is advantageous to customers as they can meet the sales executives at their convenient time and place.
  • The products are demonstrated and sold directly by executives of companies i.e. without involving any middleman. Hence, they can sell the products cheaper and also offer discounts and schemes.

(B) Television marketing:

  • The method of demonstrating features of products and providing their information on television to attract viewers and encourage them to buy the shown products is called trade through television marketing.
  • Telemarketers display their telephone numbers and website address on which customers can contact and place their orders. Products are then delivered at customer’s home.
  • Customers can make payment in two ways;
    1. Pay in advance through credit/ debit card or
    2. Pay cash to the person who delivers the product i.e. Cash on Delivery (COD) method.
  • Products of home utilities and luxury such as mixer grinder, bed sheets, gym equipments, crockery, clothes, etc. are sold through television marketing. Television marketers sell their products directly to customers without having any wholesalers or retailers in between. Hence, customers get products at reasonable prices.


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