What Is Mass Marketing
What Is Mass Marketing
Social Media
Television / Radio
Newspapers
Magazines
Email Marketing
Advantages and Disadvantages of Mass
Marketing
Advantages
A major advantage of advertising and selling to mass market is the scope as
well as the cost efficiency of operating on a larger scale. All advertising
messages that are spread through mass media such as broadcasting and
print media has the potential to reach millions of viewers in a single show.
Additionally, gaining the economies of scale can make the mass distribution
of products cheaper as compared to serving and delivering products on the
basis of the specific target market.
As the message is very definite and the branding effort is much focused, the
image of the brand is reinforced in the mind of people. This conjunction of
strong brand image and cost leadership has the ability to create a barrier to
entry in the market which can discourage both competitors and competition.
Disadvantages
Despite having many advantages to it, mass marketing also holds some
weaknesses for businesses. Undifferentiated marketing strategy allows
putting all eggs in one basket. This makes them inherently vulnerable to the
changes that occur in the marketing environment.
Alongside this customers are unable to develop loyalty to brands that are
spread through mass marketing. This leads to margins as the cost needs to
be maintained at a lower level so as to prevent customers from switching
brands.
Conclusion
Mass marketing strategy can be very effective for new products or to create a
brand image. The demand for the product should be determined so as to get
the maximum returns by marketing to the masses. Along with being a cost-
effective way to market products, this strategy also holds back some
disadvantages which have an impact on the returns.
Even a small thing such as a Pen is branded (Parker, Mont Blanc) and it is now being
used as a gifting item or as an item which is bought when one rises socially in their
own life. This branding is possible only through differentiated marketing and
hence Mass marketing is seldom being used. However, even in the above example of
Pens such as Parker and Mont Blanc (which are sold on the basis of their branding and
heritage) there are many pens which are mass marketed. This is because ultimately
these pens complete a need – A need to write. And that’s all a pen is – something to
write with. When the product completes the need of the customer, it uses Mass
marketing. There are many products out there which are need based products, and
they do not meet the “demands” or the “wants” of a customer.
Note: Mass marketing is not a drain of money. The objective of mass marketing is to
optimize sales and reach the customer or make the customer aware about the brand. A
new company which has just started will generally use mass marketing so as to
increase awareness in the market. Once the company is established, it will start using
differentiated marketing.
Most commonly, nowadays businesses use mass marketing when all their outlets or
their service centres are offering the same services (which can be consumed by
anyone). Alternatively, by considering long term as well as short term profits, a firm
can decide entering into mass marketing so as to gain market share.