Promotion Flashcards

(5 cards)

1
Q

What are common promotion strategies for different market segments?

A

Advertising: TV, radio, online

Sponsorship: Supporting events or people

Product trials: Free samples

Special offers: Discounts, BOGOF

Branding: Creating a recognizable image

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2
Q

What’s the difference between above the line and below the line promotion?

A

Above the line: Paid mass media (TV, radio, billboards)

Below the line: Direct or targeted (emails, in-store, promotions)

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3
Q

What is public relations (PR)?

A

Activities to create a positive public image, e.g. press releases or events.

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4
Q

How is technology used in promotion?

A

Targeted ads online

Viral ads on social media

E-newsletters to keep customers informed

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5
Q

Why is branding important?

A

Builds customer loyalty

Differentiates from competitors

Supports premium pricing

Increases recognition and trust

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