08.6 promotion Flashcards
1
Q
Promotion
A
- Methods to persuade or remind a target market about its product
2
Q
Promotion Mix
A
- Advertising
- Personal Selling
- Relationship Marketing
- Sales Promotion
- Publicity and Public Relations
3
Q
Promotion Mix: ADVERTISING
A
- Advertising is a paid, non-personal message communicated through a mass medium
- Inform, Persuade, Remind
4
Q
Promotion Mix: PERSONAL SELLING
A
- Sales representative directed to an individual to make a sale
5
Q
Promotion Mix: RELATIONSHIP MARKETING
A
- Development of long-term and cost effective relationships with individual customers
E.G. Loyalty program, Email Subscriptions
6
Q
Promotion Mix: SALES PROMOTION
A
- Activities as directed inducements to new customers
E.G. Encouraging free trial, coupons
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