Chapter 5.6 Flashcards
Promotional activeties
Are the different ways in which a firm tries to communicate with its customer
Sales promotions
Are short term incentives to encourgae customers to buy
Advertising
Involves paid for communications
The promotional mix
Is the combination of promotional methods used by a business to communicate with its customer
The distribution channels
Describes how the ownership if products passes from the producer to the final customer
Retailer
Are shops that sell direct to the customer
E commerce
Involves online trading
M commerce
Involves online trading via a mobile phone
Direct marketing
Occurs when there is a direct link from the producers to the customer with no intermendaires
An intermediary
Is a link in the distribuiton chain between the producer and the customer
Wholesalers
Break bulk; they buy in large quantities from a producer and sell to retailers.