Promotion Flashcards
What is promotion?
Promotion refers to the methods used by a business to make customers aware of its product.
What are the 4 main types of promotion?
- advertising
- sales promotions
- personal selling
- direct marketing
What is advertising?
Advertising, where a business pays for messages about itself in mass media such as television or newspapers. Advertising is non-personal and is also called above-the-line promotion.
What are sales promotions?
Sales promotions, which encourage customers to buy now rather than later. For example, point of sale displays, 2-for-1 offers, free gifts, samples, coupons or competitions.
What is personal selling?
Personal selling using face-to-face communication, e.g employing a sales person or agent to make direct contact with customers.
What is direct marketing?
Direct marketing takes place when firms make contact with individual consumers using tactics such as ‘junk’ mail shots and weekly ‘special offer’ emails.