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A History Of Marketing: Strategy Through The Age - Maria Bacre
maria bacre
Created on August 22, 2024
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Transcript
A History Of Marketing: Strategy Through The Age
Interactive Timeline - Maria Bacre
Pre-literate societies
1862
1450s
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1400s
1742
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1902
1964
1942
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1920s
1952
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1960s-1970s
early 1990s
1975
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1972
1980s
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Late 2000s
Early 2000s
1990s
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Late 1990s - early 2000s
Mid 2000s
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2010s
Present day
2010s
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Late 2010s
2010s
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Pre-literate societies:
Artisans use namesake designs as a rudimentary form of branding and advertising, allowing consumers to determine product quality at a glance.
1400s:
Introduction of the printing press revolutionizes mass communication, providing businesses with a quick and cost-effective way to reach potential customers.
1862:
Introduction of direct mail advertisement helped diversify marketing channels.
1742:
The first magazine ad is published in Benjamin Franklin's General Magazine, expanding the reach of print advertising.
1450:
The first recorded print advertisement appears within a decade of the printing press's introduction, marking the beginning of print advertising.
1902:
University of Pennsylvania offers the first marketing course titled "The Marketing of Products," recognizing the need for focused, professional marketing efforts.
1920s:
Radio advertising enters the marketing landscape, quickly overtaking print in terms of ad spend.
1964:
Neil Borden popularizes the marketing mix concept, focusing on the "four Ps": product, promotion, place, and price.
1952:
"Marketing mix" concept first originated, laying the groundwork for modern marketing strategy.
1942:
Introduction of television ads adds another opportunity for brands to reach consumers across a growing media landscape.
1960s - 1970s
Development of marketing mix modeling (MMM) as marketers want to understand the effectiveness of their efforts across print, broadcast, and out-of-home advertising.
1972:
Invention of the first wireless phone kicks off a wave of emerging technologies.
Early 1990s:
Emergence of the first search engines to help users navigate the web.
1980s:
Widespread adoption of personal computers begins to change how consumers interact with information and advertising.
1975:
The first personal computer enters the market, making way for the digital revolution.
1990s:
Development of search engine optimization and advertising techniques to capitalize on the growing internet user base.
Late 1990s - early 2000s
Rise of digital attribution models as marketers seek to measure the impact of digital channels.
Late 2000s:
Introduction of smartphones and tablets allows for sophisticated browsing and engagement on-the-go, creating new marketing opportunities.
Mid 2000s:
Adoption of multi-touch attribution to have multiple touchpoints across the consumer's path to purchase.
Early 2000s
Introduction of "last click" or "last touch" attribution.
2010s:
Development of lift studies for attribution, which "lifts" consumer touchpoints across specific digital channels to score their value.
2010s:
Growing complexity of digital marketing mix as consumers engage with media across multiple devices.
Present day:
Integration of online and offline marketing measurements, providing marketers with a 360° view of their efforts across all channels.
Late 2010s:
Shift towards unified marketing measurement, combining digital attribution with traditional media mix modeling.
2010s:
Recognition of flaws in attribution models leads marketers to seek more comprehensive measurement strategies.