Marketing Mix - Promotion Flashcards

1
Q

What is promotion

A

Promotion is the process in marketing of ; reminding, informing or persuading customers to buy a product or service

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2
Q

Advantages of newspapers

A

More permanent than a Tv Advert
Great media to add a cutout Coupon to
Can reach large potential local or national markets
Quick responses to campaigns

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3
Q

Disadvantages of newspapers

A

Younger consumers are attracted to more multimedia content
Recent decline in people reading newspapers
Can be expensive to advertise on a regular basis

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4
Q

Advantages of magazines

A

Can have full colour glossy advert
Customers keep them around longer than newspapers
Can be targeted to specific interests

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5
Q

Disadvantages of magazines

A

Often on a reach a selective audience rather than the whole of the UK
Long gap between design of ad and publication
More expensive than newspapers

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6
Q

Advantages of television

A

TV reaches is mass market and families watch TV together so it could appeal to a range of ages
Very cost-effective way of reaching the largest audience possible in one go

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7
Q

Disadvantages of television

A

TV advertising can be expensive

With fast forward and services such as Netflix and prime customers can now ignore the advert

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8
Q

Advantages of the Internet

A

Can reach a huge audience with online adverts
Ideal for international business
Very cost-effective

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9
Q

Disadvantages of the Internet

A

Ad campaigns can easily be copied

Too much ad clutter on the Internet means customers ignore the adverts

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10
Q

Advantages of billboards

A

Harder to ignore than other media

Commuters may see the adverts more than once I remember it

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11
Q

Disadvantages of billboards

A

Messages need to be very short

Most billboards are up for three months so the marketing campaign needs to run for that long

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12
Q

What is public-relations

A

Public relations is the actions of a business in promoting goodwill between itself and the public

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13
Q

Point of sales display

A

This is a form of promotion where a display is found near the counter or check out
These displays aim to attract the attention of customers and allowed them to current promotions

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14
Q

Two-for-one offers

A

Good way to promote events and other products
They can increase sales and improved business reputation
Discounting frees up room to stock new products

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15
Q

Free gifts

A

Free gifts can help to differentiate one product from another in a very competitive market

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16
Q

Samples

A

Handing out free samples is one of the best way to get a product into the hands of a consumer so they can try it

17
Q

Coupons

A

Using coupons to promote a product or service or a good way to generate cash and sales and this is also a good way to get rid of unwanted stock
However the business may be giving a discount to customers who would have bought anyway

18
Q

Competitions

A

Competitions are a great way to grow a fan base for a product or business
Contest are a good way for a business to engage with their customers
Competitions are a good way to get the customer data

19
Q

Sponsorship

A

Positive association of the product with a celebrity or a sport
Difficult to tell what impact this has on business loyalty or sales

20
Q

Social media

A

Social media promotions need to be on the right platform to appeal to customers
Social media works best when linked with a website, blog or email

21
Q

Reasons of promotion

A

Promotions are marketing tools to help a business to increase sales in the short term, it can also help the business to increase their market share