4.5 The four Ps (promotion) Flashcards
Above the line (ATL) promotion
Above the line (ATL) promotion is any form of paid-for promotion through the mass media (such as television and radio) to reach a wide audience.
Advertising
Advertising is a method of informative and/or persuasive promotion that is usually paid for. The aim of commercial advertising isto raisethelevel ofdemandforafirm’s products.
Advertising clutter
Advertisingclutterrefersto the hugevolumeofadvertisements that the public is bombarded with.
Below the line (BTL) promotion
Below the line (BTL)promotion does not use paid-for mass mediasources, e.g. free samples (toiletries, food, drinks, etc), discountvouchers(to enticecustomersto buythe product) and added-valuepromotions (e.g. specialintroductory deals).
Direct marketing
Direct marketing refers to promotional activities that aim to sell a product straight to a customer rather than by using an intermediary.
Guerrilla marketing
Guerrilla marketing is a promotional strategy that aims to ambush or catch the attention of customers through unusual, innovative, unconventional and/or shocking techniques, on a relativelylow budget.
Logos
Logos are a form of product differentiation that use a visual symbol to represent a business, its brands or its products, e.g. Nike’s Swoosh,Rolex’s golden crown, or the globe ofWikipedia
Promotion
Promotion is a component of the marketing mix. It refers to the methods used to inform, persuade and/or remind people about a firm’sproducts or brands.
Promotional mix
Promotional mix refers to the combination ofindividual ATL and BTL promotional methods used by a business, such as advertising, direct marketing, packaging and salespromotion.
Public relations (PR)
Public relations (PR) refers to business activities aimed at establishing andprotecting thedesired image ofanorganization. PR is concerned with getting good media coverage, usually without directly paying for it.
Publicity
Publicityistheprocess ofpromoting abusiness and itsproducts by gettingpositive mediaexposure without directly paying for it.
Sales promotions
Sales promotions are short-term incentives designed to stimulate demand for a product, e.g. discount coupons, prize draws, price cuts and trade fairs.
Social media
Socialmedia refers to themarketing practice ofgaining internet traffic through socialmediawebsites such asFacebook, Twitter, YouTube and Google.
Social networking
Social networking refers to any platform used mainly by individuals to build social relationships between people, often because they are friends or share things in common. Social network services include Google+,Instagram and Facebook.
Slogans
Slogans are catchphrasesdesigned to represent the essence of a business or its products using a memorable set of words.