4.5(c) Promotion Flashcards
The seven Ps of the marketing mix
Above the line (ATL) promotion
is any form of paid-for promotion through the mass media (such as television and radio) to reach a broad audience.
Advertising
is a method of informative and/or persuasive promotion that is usually paid for. The aim of commercial advertising is to raise the level of demand for a firm’s products
Advertising clutter
Refers to the huge volume of advertisements that the public is bombarded with
Below the line (BTL) promotion
does not use paid-for mass media sources.
Examples include the use of:
- free samples (e.g toiletries, food and drinks),
- discount vouchers (to entice customers to buy the product) and
- added-value promotions (e.g special introductory deals)
Direct mail
is the use of postal correspondence for promoting an organisation’s goods and/or services
Direct marketing
refers to promotional activities that aim to sell a product straight to a customer rather than using an intermediary
Impulse buying
refers to unplanned or unintentional purchases due to the lure of eye-catching point of sales promotions
Informative promotion
aims to alert the market about a firm’s products, especially new or updates goods and services
Packaging
is the art of presenting products in an advantageous way in order to improve sales
Personal selling
refers to promotional techniques that rely on sales representatives directly helping and persuading customers to buy, usually on a face-to-face basis
Persuasive promotion
aims to convince or encourage customers to make a purchase, to switch from rival products, and to enhance brand loyalty
Point of sale
is the promotion of goods in retail stores at the place where customers can purchase the goods, such as promotional displays at supermarket counters.
Promotion
is a component of the marketing mix. It refers to the methods used to inform, persuade, and/or remind people about a firm’s products and brands
Public relations (PR)
refers to marketing activities aimed at establishing and protecting the desired image of an organisation. It is about getting positive media coverage, usually without directly paying for it.
Reminder promotion
refers to techniques used to retain customer awareness of, and interest, in an established product.
Sales promotion (a sale)
are short-term incentives designed to stimulate interest in a product, such as the use of discount coupons, and prize draws.
Social media marketing (SMM)
refers to the marketing practice of gaining internet traffic through social media platforms such as Facebook, Twitter, Youtube, and Google.
Social networking
refers to any online platform used to build social relationships between people, often because they share things in common. These are ideal sources for media marketing
Sponsorship
is a promotional technique that involves funding, supporting or donating resources for an event or business venture in return for prominent publicity.
Telemarketing
is a form of direct marketing that involves marketers making telephone calls to existing and potential customers as a form of promotional strategy.
Through the line (TTL)
promotion refers to promotional strategies involving both above and below the line methods, enabling customers to engage with the product or brand in multiple ways.
Trade shows
are promotional events where firms exhibit and showcase their products for sale to potential customers
Word-of-mouth (WOM)
promotion refers to the spreading of promotional information from one person to another through verbal communications.