The marketing mix-promotion and place Flashcards
Definitions
Promotion
The use of advertising, sales promotion, personal selling, direct mail, trade fairs, sponsorship and public relations to inform consumers and persuade them to buy.
Advertising
Paid-for communication to inform and persuade consumers, using media such as TV, newspapers and cinema.
Direct promotion
A range of promotional activities aimed directly at target customers. It is also known as direct marketing.
Sales promotion
Incentives such as special offers or special deals directed at consumers or retailers to achieve short-term sales increases and repeat purchases by consumers.
Promotion mix
The combination of promotional techniques that a firm uses to sell a product.
Digital promotion
The advertising of products using digital technologies, mainly on the internet but also including mobile (cell) phones.
E-commerce
The buying and selling of goods and services by businesses and consumers through an electronic medium.
Channel of distribution
The chain of intermediaries a product passes through from producer to final consumer.
Online marketing (e-commerce)
Selling and marketing activities that use the internet, email and mobile communications to encourage direct sales via electronic commerce.
Digital distribution
The delivery or distribution of digital media content such as audio, video, TV programmes, films, software and video games.
Physical distribution
The activities that combine to achieve the efficient movement of finished products from the end of the production operation to the consumer.
Integrated marketing mix
The key marketing decisions complement each other and work together to give customers a consistent message about the product.