Promotion Flashcards
communication purposes
- to inform
- to persuade
- to remind
to inform purpose
- telling the market about a new product
- suggesting new uses for a product
- informing market of price change
- explaining use of product
- describing availible services
- reducing buyers fears
to persuade purpose
- building brand preference
- encouraging switching to your brand
- changing buyer perceptons
- persuading buyers to purchase now
to remind purpose
- remind buyers that the poduct may be needed in future
- remind where to buy
- keeping product in buyers mind during off seasons
- maintaining top of mind product awareness
push messages
promoting products to intermediaries. Used by manugacturers
pull communication
promoting products to the end consumer. A consumer demands a prroductt and pulls product through the channel
integrated marketing communication tools
- advertising
- public relations
- direct marketing
- sales promotion
- personal selling
- sponsorship
- social media
advertising as an IMC tool
any paid form of non personal communication by an identified sponsor
public relations as an IMC tool
- building good relations with the comapny’s varius publics by obtaining favourable publicity
- press releases
direct marketing as an IMC tool
use mass and ttargeted meda to create a direrct response from customers
sales pomotion as an IMC tool
direct inducement that offers extrrar value or incentive to the sales force, distbutos or ultimate consumer with the objective of creating immediate sales
personal selling as an IMC tool
oral presentation in a conversation with one or more prospective buyers for the purpose of making sales
sponsorship as an IMC tool
enhance a companies visibility buy associating it with something the market segment views as positive
aim of communication
to move target customers through stages of mere awareness to eventual purchase
awareness
being aware that a product exists in the market