1.3.2 types of promotion Flashcards

1
Q

what is personal selling?

A

is when a salesperson meets a potential buyer face to face with the aim of selling a product or service

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2
Q

pros and cons of personal selling

A
\+ instant feedback
\+ builds trust
\+ more persuasive
- expensive
- labour intensive for employees
- can only reach a limited amount of people
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3
Q

what is direct marketing?

A

is a targeted form of marketing that presents information of potential buyers via emails texts etc

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4
Q

pros and cons of direct marketing?

A
\+ more targeted to customers
\+ cost effective
\+ informative for potential customers
- some people may find it annoying
- a lot of competition
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5
Q

what is advertising?

A

is the promotion of a product or service to a viewership in order to attract interests, engagement and sales.

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6
Q

pros and cons of advertising?

A
\+ can reach a large audience
\+ helps gain product distribution
- expensive
- time-consuming
- not many people enjoy ads and often avoid them
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7
Q

what are public relations?

A

when an individual creates a positive reputation for your business with the public through various communications, like: speeches, social media etc

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8
Q

pros and cons of public relations?

A
\+ increases brand credibility
\+ adds value
\+ builds brand image
- no direct control on how your business is portrayed
- expensive
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9
Q

what is sales promotion?

A

is a set of marketing technologies to stimulate sales

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10
Q

pros and cons of sales promotion

A
\+ strengthens customer involvement
\+ helps reduce inventory
\+ can develop customer loyalty
- can annoy customers by sending too much email or text ( promotion clutter)
- negative impact
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11
Q

what is online advertising?

A

is the use of using websites, apps, emails etc for marketing purposes

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12
Q

pros and cons of online advertising?

A

+ can effectively reach target audience
+ monitor spending and results
- a lot of competition
- expensive and complicated to get a hold of

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13
Q

what is mobile communications?

A

refers to the form of communications through your mobile to market products

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14
Q

pros and cons of mobile communications?

A

+ reduces operational costs
+ easy to use
+ efficient
- some people may find it annoying which may reflect badly on the business

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15
Q

what is advergaming?

A

is a form of advertising in video games

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16
Q

pros and cons of advergaming?

A
\+ increases brand awareness
\+ long-term results
- expensive
- have to pay the business promoting your product
- demands creativity
17
Q

pros and cons of using social media to promote your business

A
\+ cheaper
\+ gives brand a good modern reputation
\+ can create brand loyalty
- if you get negative feedback your brand could be tarnished
- hard to measure how effective it is