Industry Research Electronic Faucets Market Forecast to 2023 | Page 3
Market Segment by Applications, can be divided into:
Hotels, Offices, Medical Institutions, Residential and Others .
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Scope of the Report:
This report focuses on the Electronic Faucets in global market, especially in North
America, Europe and Asia-Pacific, South America, Middle East and Africa. This report
categorizes the market based on manufacturers, regions, type and application.
Direct marketing is about making direct contact with existing and potential customers to
promote the products or services. Direct marketing can be cost effective and extremely
powerful at generating sales, so it is ideal for small businesses.
Direct marketing allows you to generate a response from targeted customers. As a result, small
businesses can focus their limited marketing resources where they are most likely to get
results.
A direct marketing campaign with a clear call to action can help you boost your sales to existing
customers, increase customer loyalty, recapture old customers and generate new business.
In the Electronic Faucets industry, direct marking only occupies a small share.
Indirect marketing is where there is no direct communication to end consumers by companies.
It is treated as the next step for establishing brand recognition and awareness. Manufacturers
use indirect marketing when selling through wholesalers and other channels.
As opposed to the direct marketing technique, the indirect marketing strategy focuses on
channels where there is no direct communication with customers by the companies. Therefore,
it is mainly used to retain customer, increase customer’s loyalty, and develop more business.
Unlike direct marketing, in case of indirect marketing there are no possibilities of feedback or
two way communication. The response of indirect marketing is difficult to be measured.
A big disadvantage of indirect marketing is in the high costs of applying this strategy. The high
costs can be incurred for publicizing the brand, or the costs for hiring the right people with the
relevant skills and capacities for providing good content marketing. At the end, these high costs
might not generate the anticipated number of customers in the future.
In the Electronic Faucets industry, indirect marking only occupies most shares.
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