Theme 1.3.2 Flashcards
above-the-line promotion
placing adverts using the media
advertising
communication between a business and its customers where images are placed in the media to encourage the purchase of products
below the line promotion
any promotion that does not involve using the media
emotional branding
the practice of using the emotions of a consumer to build a brand
generic brands
products that only contain the name of the product category rather than the company or product name
manufacturer brands
brands created by producers of goods and services
marketing mix
designed to meet the needs of customers
four elements of marketing mix
product, price, promotion place
merchandising
a promotion specifically at the point of sale of a product
own label brands
products that are manufactured for wholesalers or retailers by other businesses
point of sale
any point where a consumer buys a product
promotion
an attempt to obtain and retain customers by drawing attention to a firm or its products
public relations
an organisations attempt to communicate with interested parties
sales promotions
methods of promoting products in the short term to boost sales
sponsorship
making a financial contribution to an event in return to publicity