Chapter 17 Flashcards
Decisions about advertising, personal selling, sales promotion, direct marketing, and public relations strategies used to attract customers.
promotion
A promotional method used by businesses to convince prospects to select their goods or services over the competitor’s goods or services.
product promotion
A promotional method used to create a favorable image for a business, help it advocate for change, or take a stand on trade or community issues.
institutional promotion
A cost effective combination of advertising, selling, sales promotion, direct marketing and public relations strategies used to reach company goals.
promotional mix
A form of nonpersonal promotion in which companies pay to promote ideas, goods, or services in a variety of media outlets.
advertising
A type of advertising that sends a promotional message to a targeted group of prospects and customers to encourage a purchase.
direct marketing
Electronic media that allows people with similar interests to participate in a social network.
social media
All marketing activities, other than personal selling, advertising, and public relations, that are directed at business or retail customers to boost sales.
sales promotion
Activities that help an organization to influence a target audience.
public relations
An announcement sent to the appropriate media outlets.
news release
Bringing news or newsworthy information about an organization to the public’s attention.
publicity
A type of promotion in which manufacturers team up with their partners in the distribution channel to “push” the product through the retailer.
push policy
A type of promotion by manufacturers that directs promotional activities towards consumers.
pull policy
all marketing activities, other than personal selling, advertising, and public relations, that are directed at business or retail customers to boost sales.
sales promotion
Sales promotions designed to get support from manufacturers, wholesalers and retailers.
trade promotions