Promotions Flashcards

1
Q

Objectives of promotions (4)

A
  • create awareness or informing costumers
  • convincing costumers to buy
  • remindig costumers
  • enhancing brand image/corporate image
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2
Q

types of promotions(2)

A
  • above-the-line promotion/advertising
  • below-the-line promotion/advertising
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3
Q

types of above-the-line advertising(3) and what are they?

Which stage of the product life cycle do we use them?

A
  • informative advertising: tell you about the product and service (introduction and growing stage)
  • persuasive advertising: want you to feel stg about the product or service and connect it to you somehow -> you buy it (growing stage)
  • reassuring advertising: remind you that it exists, good job you bought the product, so you might buy it again (maturity stage)
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4
Q

types of below-the-line advertising(4) and what are they?

A
  • direct marketing: pl. corvinus logo on the startup screen, pizza flyers in mailboxes, company pens, japan trainstation
  • personal selling: when the sale involves a salesperson (all car sales work this way)
  • public relations(CSR-Corporal Social Responsibility): make the public to percieve the company, pl. support the national sports team - support charities
  • sales promotions: try to make the people in the store to impulse buy

!!!MOST DECISIONS ARE MEDE BY EMOTIONS!!!

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5
Q

some examples for sales promotions:

A
  • money-off coupons: joy-napok, glamour-napok
  • point of sale displays: manekins in the stores
  • free offers/gifts/samples: douglas free samples
  • competitions: win stuff, coca-cola code in the cap
  • buy one get one free
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