Promotion and Branding Flashcards
(11 cards)
What is Promotion
Combination of different Marketing tools a company uses to promote products to target audience
name a role of direct marketing
- helps to decide type of marketing plan objectives
- helps to decide type of markets to target and strategies to use
- helps how to evaluate the marketing plan effectiveness
2 elements of promotion mix
direct marketing and personal selling
objectives of direct marketing
- build an image
- maintain customer satisfaction
- inform customers in an interactive way
disadvantages of direct marketing
intrusive and requires a target list and maintaining this is difficult
advantages of direct marketing
cost effective and personalised communication
ways of direct marketing
- direct mail
- emails
- broadcast media
- print media
sales promotion
incentives that encourage customers to buy products and services
what is sales promotion used for
to encourage customers to try a new product and build awareness and loyalty
types of sales promotion
trade and consumer promotions
importance of sales promotion
- improves relationship with customers
- improves sales and profit
- differentiate from the competition