chapter 17 review Flashcards

1
Q

sales promotion

A

incentives that encourage customer so bu products or services. encourage customers to try new projects.

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2
Q

News Release

A

An announcement that is sent to media outlets. Used to announce newsworthy development, such as news about products

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3
Q

institutional promotion

A

creates a favorable image for a business.

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4
Q

Traffic builder

A

low cost premiums

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5
Q

public relationships

A

Activities to create a favorable image for a company, its products, or its policies. They can enable an organization to influence a target audience.

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6
Q

Trade promotions

A

sales promotions activities designed to get support for a product from manufacturers, wholesales, and retailers

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7
Q

Promotional mix

A

combination of strategies and cost-effective allocation of resources of company uses to reach its promotional goals

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8
Q

trade shows

A

showcase a particular line of product they provide businesses with opportunities to introduce new products.

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9
Q

Promotional Tie-Ins

A

Also known as cross promotion and cross selling campaign

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10
Q

Push Policy

A

you take product to the customer

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11
Q

pull policy

A

the customer comes to you

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12
Q

Product Promotion

A

Is used by business to convince prospects to select it’s product or instead of a competitors.

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13
Q

Promotion

A

Persuasive communication the goals of promotional activities are summarized by the phrase AIDA

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