Marketing - Promotion - Methods of Promotion, Advertising Strategies Flashcards
Name 6 methods of promotion
- Loyalty Cards
- Discounts
- Competitions
- Free samples
- Advertising
- Celebrity endorsements
How are loyalty cards used as a method of promotion?
Customers collect points every time they shop, and then can exchange them for a reward.
How are discounts used as a method of promotion?
Provides customers with money off for a limited amount of time when they buy a product
E.g. BuyOneGetOneFree
How are competitions used as a method of promotion?
A customer can be entered into a prize draw when purchasing a product
e.g. free holiday
How are free samples used as a method of promotion?
Customers can try the product before they buy, which may increase the likelihood of a sale.
How is advertising used as a method of promotion?
A business can use broadcasting, printed media, apps etc. to inform consumers of their products
What is the purpose of sales promotions?
They are designed to be used as a short-term tactic to boost sales.
Name 2 examples of sales promotions
DRN
- Free samples
- Coupons
Name 3 methods of traditional advertising
- billboards
- TV
- radio
What is digital advertising?
Advertising through the use of computers, smartphones and connectivity
Name 3 methods of digital advertising
- email advertising
- sms/text advertising
- in-app advertising
What is traditional advertising?
Traditional advertising uses media and formats that have been around for a long time