1.3.2 promotional methods Flashcards

1
Q

What are promotional methods?

A

Promotional methods are the different methods that businesses use to inform consumers about their products and to persuade consumers to buy them.

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2
Q

Examples of promotional methods

A
Public realtions 
sales promotion 
social media 
advertising 
product placements 
sponsorship
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3
Q

Advertising

A

Advertising is the most obvious promotional method. Advertising is sometimes called “above the line” promotion and it involves a business paying to have their product or service promoted in a public space. It aims to make consumers aware of a product and to get them to buy the product or service

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4
Q

Types of advertising platform

A

Advertising can happen through various platforms, such as Newspapers, Magazines, Television, Internet, Billboards or Social Media.
The platform that a business uses depends on the target market of the product or service.

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5
Q

Why is it important when choosing an advertising platform

A

The platform that businesses choose is important to make sure that they reach the right target market and have the maximum impact.
For example, social media or a TV programme may be a better way to reach young people than a broadsheet newspaper like The Times.

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6
Q

Public relations

A

Public relations (PR) is all about a business’ reputation. PR involves maintaining a good public image.

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7
Q

What is the aim of public relations

A
  • PR involves managing the spread of information about the business.
  • The aim of PR is to make sure this information is as positive as possible and reaches the largest possible audience
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8
Q

Examples of PR

A
  • An example of PR is the use of newspaper editorials, where people in a business manage the business’ relationships with different newspapers, sending them articles to publish about the business.
  • Businesses do not pay the newspaper for this coverage like they would for advertising.
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9
Q

Sales promotions

A

In sales promotions, businesses try to boost sales using a temporary promotion.

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10
Q

Types of sales promotions

A
Samples
Discount coupons 
Free gifts
Point of sales displays 
Competitions 
Value for money offers (buy one get one free)
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11
Q

Types of sales promotions - competitions

A

Businesses are increasingly using competitions on social media.
For example, “like and share this post for a chance to win a free meal for two at Nandos.”

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