Chapter 57, Promotion Flashcards

1
Q

Promotion

A

is a collection techniques to persuade consumers to buy a product or service

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2
Q

Above the line promotion

A

media where there is no direct contact with the potential consumer

  • Television
  • Radio
  • Cinema
  • Newspapers
  • Sponsorship
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3
Q

Below the line Promotion

A

media the business can directly contact the potential consumer

  • Sales Promotion
  • Packaging
  • Direct Marketing
  • Digital marketing
  • Merchandising
  • Email
  • Trade fairs
  • Telesales
  • Personal selling
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4
Q

Drip Marketing

A

information is sent to the consumer bit by bit which can generate popularity and ‘hype’ as well as keeping the public up to date

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5
Q

Viral Marketing

A

uses social media to increase their brand presence and image

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6
Q

Advertising Elasticity of demand

A

measures the extent that spending on advertising will have an effect on demand
Percentage change in demand / Percentage change in advertising

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