Chapter 18 Flashcards
Promotional Mix:
- Inform: Prospective Buyers
- Persuade: Them To Try
- Remind: Them of the Benefits
The Communication Process:
- Promotional Mix
- Integrated Marketing Communications (IMC)
Source -> _____ —> _______-> Receiver
Source-> Encoding——-> Decoding-> Receiver
Communication:
- Source
- Message
- Channel of Communication
- Receivers
Encoding and Decoding Depend on ________.
Common frame of reference
Personal Selling:
Two-way flow of communication between a buyer and seller, often in a face-to-face encounter
- No wasted Coverage
Advertising:
Any paid form of nonpersonal communication by a sponsor
Publicity:
non personal, indirectly paid presentation of an organization, good, or service and can take the form of a news story, editorial, or product announcement
Sales Promotion and Direct Marketing:
Short-term inducement of value offered to arouse interest in buying a good or service. Examples include: coupons, samples, and contests
Promotion Methods:
-Personal Selling
- Mass Selling
- Advertising
-Publicity
- Sales Promotion & Direct Marketing
Channel Strategies:
(in Developing the Promotional Mix)
- Push Strategy
- Pull Strategy (Direct-to-Consumer)
Push Strategy:
Mainly personal selling directed to intermediaries
Pull Strategy:
Mainly advertising directed to consumers