factors affecting methods of promotion Flashcards
the target market
Businesses should promote their products in places where they are likely to be seen by the target market. Market research feedback will help with this
the finance available
Every business would love to advertise at the halftime during the World Cup final but only the biggest marketing budgets stretch to this
the marketing mix
All elements of the marketing mix should work in synergy. This means that the methods are more effective when combined even though they work well as stand alone elements
ethical practices
promotions should be ethical in order to avoid upsetting others. For example, promotions should not mislead customers, be indecent, make false claims designed to harm the competition