The marketing strategy - Promotion Flashcards
define promotion?
the collection of techniques used to inform and persuade consumers to buy a product or service
what is above the line promotion?
no direct contact with customers
what is below the line promotion?
there IS direct contact with customers
what are the methods of above the line promotion?
- TV
- Billboards
- Social Media
- newspapers
- magazines
- sponsorships
- cinema
- radio
what are the advantages and disadvantages of TV advertising?
+ reaches a mass audience
+ showcase the product
- people can mute/skip ads
- very expensive
what are the advantages and disadvantages of Billboard advertising?
+ busy roads and traffic lights are ideal
+ more cost effective
- static nature means less people are exposed to adverts
- can’t be exchanged easily
what are the advantages and disadvantages of social media advertising?
+ cost-effective
+ personalised consumer interaction
+ boost traffic to website
+ success is easy to measure through sales analysis
- resources will be dedicated to creating content
- brand reputation may be damaged by inappropriate posts, failing to respond to customers or not
- business may become negatively affected by influencer controversy