Marketing Mix - Promotion Flashcards
What is promotion?
making customers aware to boost sales
What factors influence promotion?
Stage in life cycle
core benefit
competition
objectives
target market
What is the promotional mix?
advertising, sales promotion, personal selling, pr, direct marketing
What is personal selling?
door-to-door, visiting offices
interactive
high cost
labour intensive
What is sales promotion?
Short term incentive
vouchers, limited time
Entices customers
they expect this in the long term too
What is direct marketing?
Sending emails direct
personal
spam?
What is public relations?
Building image and reputation
expensive
easily destroyed
What is branding?
logos, slogans
What is merchandising?
associated products
Above the line
mass media
reach out
Below the line
direct specific