Branding and Promotion(1.3.2) Flashcards
What does promotion mean?
describes the methods used by the business to communicate information and persuade customers to purchase a product
What does public relations mean?
describes attempts by a business to create publicity that is reported as news such as staging a glitzy launch party for a new product
What methods are both branding and promotion?
methods of communication with consumers
Two long term methods of promotion
persuasive advertising
public relations
Two short term methods of promotion
buy one get one free
seasonal price cutting promotions
Six types of promotion
personal selling
direct marketing
above-the-line marketing(ATL) e.g. advertising
below-the-line marketing(BTL) e.g. sales promotion
public relations(PR)
sponsorships
What is above-the-line marketing?
refers to promotional activities that reach a broad audience and are typically used to build brand awareness
includes traditional mass media channels such as television, radio
generally impersonal and often used for campaigns with a wide audience in mind
What is below-the-line marketing?
refers to targeted marketing efforts aimed at specific segments or individuals often with a focus on conversion and customer engagement
includes direct mail sales, promotions, events, personal selling and digital marketing tactics like email campaigns
usually more personal targeted and aimed at fostering direct customer relationships
Above-the-line marketing advantages
tailored to reach a mass audience and get maximum exposure to potential customers
advert communication is repeated so that the message is clear e.g. ‘simples’ and ‘go compare’
great for building brand awareness
Above-the-line marketing disadvantages
very expensive method of advertising e.g. a radio as on a national station can cost about £10,000 a week
difficult to measure clear results from advertising campaigns how will they know which customers have bought
What is personal selling?
effective way to manage business to customer relationships