Definitions - Promotions Flashcards
Define Promotion?
Bringing a product or range of products to the attention of existing and potential customers
Define Promotional Activities?
The ways in which a businesses communicate with existing and potential customers
Define Direct Selling?
When the supplier of a product sells straight to the final consumer, cutting out intermediaries
Define Merchandising?
The visual presentation of a product to the consumer at the point of sale - physical selling location
Define Advertising?
A promotional method that involves the use of media to communicate with potential or existing customers
Define Public Relations?
A promotional method that involves communicating with the media and other interested parties in order to get favourable publicity
Define Branding?
The creation of an identity for a business and or its individual products in order to differentiate them from rivals
Define Promotional Mix?
The combination of promotional activities that a firm uses in order to create awareness/generate sales