11. Elements of the promotional strategy Flashcards
The elements of the promotional mix are as follows:
- advertising
- public relations
- personal selling
- sales promotion
Impersonal and paid
Advertising
Sales promotion
Store promotion
Impersonal and unpaid
Publicity
Personal and paid
Personal Selling and email
Personal and unpaid
Word of Mouth
1 advertising definitions
Any paid form of mass presentation of ideas, products and services by an advertiser addressed to a selected target audience.
advertising objectives
The objective of creating awareness, informing, reminding, influencing and persuading them to buy the product or service or to be favourably inclined towards these ideas, product or services.
Inform target market of product benefits and feature, to create awareness, to remind them, to pass on a msg, establish a particular brand or image.
advertising advantages
Advertising can: position a brand remind the target audience to buy inform the target audience Stimulate impulse buying Increase sales fight competition
advertising disadvantages
reach everybody
persuades everybody
sell an inferior product.
advertising
types of media
Above the line media
Digital media
Above the line
Print media
Electronic broadcasting media
Cinema and out of home media
Digital media
WWW Internet Email Mobile media Social Media viral marketing etc
Print media
Newspaper
High frequency
Die burger
Sunday Times
Rapport
Newspaper disadvantage
Short lifespan Clutter Read selectively Competing with digital media Reach general audience
Newspaper advantages
High coverage Adaptable to change Relatively cheap per reader Good news medium Geographically selective
Magazines
Garden and home
sarie
Magazines advantages
Good reproduction Longer lifespan National coverage Good image creator Usually loyal readers
Magazine disadvantages
Limited flexibility
Not geographicly selective
Short time to convey msg
Many advertisers liitle chance of dominating
Television Advantages
wide coverage High impact Involves most of the sense Good for demonstrations Available in digital platforms
Television Disadvantages
No reference back to msg Relatively expensive medium Reaches a general audience Repetition can irritate the viewer Lengthy preparation
Radio Advantages
Low cost Can reach specific audience at certain times Offers theatre of the mind A personal medium Listening sometimes habitual
Out of home media Advantages
Suitable for high frequency Low cost per passer-by High impact Geographically selective Large product presentation
Out of home media Disadvantages
Reaches general public High production cost Local restrictions Urban clutter Necessarily a short message
Radio disadvantage
Limited availability No references back to message Only a short message No illustrations is possible Low attention getting