08.6 promotion Flashcards

1
Q

Promotion

A
  • Methods to persuade or remind a target market about its product
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2
Q

Promotion Mix

A
  • Advertising
  • Personal Selling
  • Relationship Marketing
  • Sales Promotion
  • Publicity and Public Relations
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3
Q

Promotion Mix: ADVERTISING

A
  • Advertising is a paid, non-personal message communicated through a mass medium
  • Inform, Persuade, Remind
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4
Q

Promotion Mix: PERSONAL SELLING

A
  • Sales representative directed to an individual to make a sale
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5
Q

Promotion Mix: RELATIONSHIP MARKETING

A
  • Development of long-term and cost effective relationships with individual customers
    E.G. Loyalty program, Email Subscriptions
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6
Q

Promotion Mix: SALES PROMOTION

A
  • Activities as directed inducements to new customers
    E.G. Encouraging free trial, coupons
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7
Q

Promotion Mix: PUBLICITY AND PUBLIC RELATIONS

A
  • Activities to present the business and its product in positive light
    1. Promoting Positive Image
    2. Effective Communicating of Messages
    3. Issues Monitoring
    4. Crisis Management
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