Promotion - Above And Below The Line, Viral Marketing, AED Flashcards
Promotion definition
A collection of techniques used to INFORM + PERSUADE potential consumers to buy a good or service THAT MEETS THEIR NEEDS
Drip marketing
Strategy where information is sent BIT BY BIT over time using a particular medium
I.e prettylittlething sending constant emails to visit their site offering an offer or new in clothing
Viral marketing
Any marketing technique that INCLUDES WEBSITES/YSERS to pass on a marketing message to other sites or uses
Spreads EXPONETIALLY and gets across the message and it’s affects
How to decide on which promotion method
The cost of it
VS
The appropriateness and effectiveness of the promotion
Promotion and marketing strategy
Starting methods >
Customer, time, budget, product, price, place >
Methods develop
( competition, SLEPTEE, life cycle, Boston matrix, AED, sales data, performanceX other 3 Ps developing >
End of the lifecycle ? Extension?