CHPTR:6 PROMOTION STRATEGY Flashcards

1
Q
  • refer to the
    techniques and tactics businesses use
    to increase awareness, interest, and sales
    of their products or services.
A

Promotion strategies

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2
Q

Paid promotion with a known sponsor that can get
to many people at one time and can be done in
many times.

A

ADVERTISING

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3
Q

Short-term incentives or offers aimed at encouraging immediate sales or
customer action.

A

SALESPROMOTIONS

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4
Q

Strategies to manage the brand’s reputation and create positive
relationships with the public, media, and other stakeholders.
Example:
Press Releases announcing new products, partnerships, or events.
Event Sponsorship (sponsoring a charity event or sports team).

A

PUBLIC RELATIONS(PR)

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5
Q

Direct interaction between a sales representative and a potential
buyer to persuade them to purchase a product or service.
Example:
Sales Presentations to showcase a product’s benefits.
Customer Meetings or Calls to answer questions and close sales.

A

PERSONALSELLING

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6
Q

Using platforms like Facebook, Instagram, Twitter, or LinkedIn to
engage with consumers, promote products, and build brand
presence.
Example:
Organic Posts like photos, videos, and stories.
Paid Social Ads targeting specific demographics or behaviors.
Influencer Collaborations to leverage their audience.
Social Media Contests to encourage user participation.

A

SOCIAL MEDIA MARKETING

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7
Q

Creating and sharing valuable content that attracts and
retains customers, often leading to conversion and loyalty.
Example:
Blogs providing expert insights or product information.
Videos showcasing product use or providing tutorials.
E-books offering in-depth guides or industry knowledge.
Podcasts discussing topics relevant to the brand’s target
audience.

A

CONTENT MARKETING

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8
Q

Directly communicating with potential customers through
non-personalized means to encourage immediate
responses or sales.

A

DIRECT MARKETING

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9
Q

Unconventional, low-cost marketing tactics that aim to
surprise and engage customers in creative ways.
Example:
Flash Mobs or unexpected events in public spaces.
Street Art or graffiti advertising.
Viral Campaigns humor or shock value to spread quickly
on social media.

A

GUERRILLA MARKETING

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10
Q

Partnering with influencers (individuals with large
followings) to promote products or services.
Example:
Product Reviews or sponsored content shared by
influencers.
Brand Ambassadorships where influencers promote a
brand over a longer period.

A

INFLUENCER MARKETING

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11
Q

Using events or sponsorships to increase brand visibility and
interact directly with potential customers.
Example:
Sponsoring Events like sports tournaments, festivals, or
events.
Hosting Webinars or product launch events.
Trade Shows and Exhibitions where businesses showcase
their products.

A

EVENT MARKETING AND SPONSORSHIP

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12
Q

Encouraging customers to share positive experiences
with their network, often organically.
Example:
Referral Programs incentivizing customers to refer friends.
Online Reviews and Testimonials on websites or social
media.

A

WORD OF MOUTH MARKETING(WOM)

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