chapter 16 Flashcards
(34 cards)
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what is promotion
all the techniques sellers use to motivate people to buy their products or services.
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what is promotional mix?
The combination of promotional tools an organization uses
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What is the importance of promotion?
- creating awareness
- building interest
- encouraging purchase decisions
- building brand equity
- fostering customer loyalty
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what is the traditional promotional mix
- advertising
- personal selling
- public relations
- sales promotion
- the product
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what is Integrated marketing communication
Combines the promotional tools into one comprehensive, unified promotional strategy.
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advantages of integrated marketing communication
create a positive brand image
meet the needs of the consumer
meet the promotional goals of the firm.
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types of promotional mix
- advertising
- personal selling
- sales promotion
- public relations
- direct marketing
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what is advertising and it’s aim
a paid form of communication through various media channels such as television and radio. It aims to reach a wide audience and create awareness and interest in a product or service
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what is personal selling
involves face-to-face interaction between a salesperson and potential customers. It allows for direct communication, building relationships, and persuading them to make a purchase
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what is sales promotion
short-term incentives or offers aimed at stimulating immediate sales
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what are public relations and it’s aim
focus on managing the image and reputation of a business through press releases, events, and sponsorships. It aims to create positive publicity and build relationships with the target audience
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what is direct marketing
reaching out to customers directly through channels like email, direct mail, telemarketing, and targeted online advertising
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New Integrated Marketing Communication (IMC) Ways of Marketing
- content marketing
- social media marketing
- influencer marketing
- experiential marketing
- Guerrilla Marketing
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what is content marketing?
creating and sharing valuable, relevant, and consistent content to attract and engage a target audience
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what is social media marketing
using social media platforms to promote products or services, engage with customers, and build brand awareness
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what is influencer marketing
involves collaborating with influential individuals on social media who have a significant following and influence over their audience
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what is experiential marketing
create memorable brand experiences that engage customers on a personal level
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what is guerilla marketing
involves unconventional and low-cost tactics that capture the attention of the target audience in unexpected ways
steps in a promotional campaign
- identify target market
- define the objectives
- determine a promotional budget
- Develop a unifying message
5.implement the plan - evaluate effectiveness
what is television advertising?
Paid, nonpersonal communication through various media by organizations and individuals who are in some way identified in the advertising message
impact of television advertising
- wide reach
- visual and audio appeal
- brand building
what is product placement?
Advertisers pay to put their products into TV shows and movies where the audience will see them to increase brand awareness
example of product placement
InThe Amazing Spider-Man,the superhero uses a Sony smartphone
what are infomercials
A full-length TV program devoted exclusively to promoting a particular good or service