3.3.4 (Promotion) Making marketing decisions: Influences on the choice of promotional mix. Flashcards
Define the factors that will be taken into consideration when choosing a form of promotion to use.
Campaign objectives.
Costs and budgets.
Target market.
Balance of promotions in a campaign.
Legal factors.
External factors.
Outline how campaign objectives influence the form of chosen promotion.
Some forms of media are more suitable. If aiming to provide information, for example, the internet or newspapers will be more relevant.
Outline how costs and budgets influence the form of chosen promotion.
Must use the most acceptable form of promotion whilst still taking into account costs, such as CPT, and if the business has a budget, whether it is within its bounds.
Outline how the balance of promotions in a campaign influences the form of chosen promotion.
Plan advertising along with other promotions to maximise effectiveness. E.g. having sponsorships and advertisements running simultaneously.
Outline how legal factors can influence the form of chosen promotion.
Restrictions of the use of media, e.g alcohol advertising on television, may encourage businesses to use different forms of media.
Outline how external factors can influence the form of chosen promotion.
Customers are more receptible to promotions if they are experiencing higher living standards. Factors include: The overall wealth of a country and the social and political environment.