Chapter 9: Marketing Mix: promotion Flashcards
what is marketing communication/ Promotion?
An audience centred activity which attempts to encourage engagement between participants and provoke conversations.
It’s underlying goal is to initiate conversation and sustain long-term relationship w/ consumers.
what is marketing communications? ( 3)
・it is the means by which firms inform, persuade and remind consumers- directly or indirectly about the products/ services and brands that they sell.
・it represents the voice of brands and are a mean by which it can establish a conversation and build relationships w/ costomers.
・It can therefore help build customers loyalty and contribute to customer equity.
4 Roles of marketing communications
- differentiate
- reinforce
- inform
- persuade
(DRIP Model)
the promotional/ communication mix
- advertising
- direct marketing
- public relations
- personal selling
- sales promotion
what is advertising?
any paid form of non-personal promotion transmitted through a mass medium.
media decisions
media class decisions: television printed media outdoors cinema radio on-line options
media vehicle decisions:
which TV programme, newspaper, event film
public relations
the management of relationships between organisations and their stakeholder.
PR’s Objectives
- Prestige and reputation
- promotion of products
- Dealing with issues and opportunities
- Goodwill of customers, suppliers, distributors, employees and government
- Overcoming misconceptions
- dealing with unfavourable publicity
- attracting and keeping good employees
consumer oriented sales promotions (7)
Coupons Premiums Money off bonus packs free samples prize promotions loyalty cards
sponsorship’s benefits
- surrounding the customer
- Enhanced company image
- create positive associations
above the line
traditional techniques that allow you to promote a product or a service to a mass audience through media like TV, Radio, the press and billboards.
below the line
all activities ( usually implemented at lower costs) that serve the same purposes but through activities that can involve a higher word of mouth engagement( creating the buzz)
unconventional marketing: the concept of white space
AIDA model
Attention
Interested
Desire
Action
alternative strategy to communicate a product and service and is about taking the consumerby surprise to make a big impression about the brand.
Guerrilla Marketing
uses element of the environment( benches, bus tops, pavements) as support for advertising
very effective and visible
may require lots of permissions and involve some ethical issues
Ambient and street marketing