Promotional Mix.

Slides:



Advertisements
Similar presentations
PROMOTION Any form of communication a business or company uses to inform, persuade, or remind people about products and to improve its image Ask students.
Advertisements

Chapter 17 promotional concepts and strategies Section 17.1
Section 17.1 The Promotional Mix
Chapter 19 What Is Promotion?
Unit 6 Promotion Chapter 17 Promotional Concepts and Strategies
Promotional Concepts & Strategies
Promotional Concepts and Strategies
Promotion and Promotional Mix
Promotional Mix Marketing Mix: Product Price Promotion Place
Promotional Mix. What is promotion? Any form of communication a business or organization uses to inform, persuade, or remind people about its products.
Chapter 14Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 1 Learning Outcomes: Chapter 14 Integrated Marketing Communications.
Chapter 14 Promoting Products.
FASHION PROMOTION. Promotion: communicating with customers about products and services to create demand.
UNIT F FASHION PROMOTION
Chapter 19 What is Promotion?.
Promotional Concepts & Strategies
THE PROMOTIONAL MIX #66- Roles of Promotional Mix on SER.
In our last lecture # 16 – we covered: 32. The Marketing Mix: Product and Price Lecture 17: 33. The Marketing Mix: Promotion 34. The Marketing Mix: Distribution.
Section 17.1 The Promotional Mix
PRINCIPLES OF BUSINESS MARKETING LESSON 5.4 ADVERTISING - PROMOTION AND SPECIAL EVENTS.
Marketing Promotion. Promotion – Persuasive Communication Product Promotion – explain the major features and benefits of product or service, identify.
Unit 6 Promotion Chapter 17 Promotional Concepts and Strategies
PromotionPromotion Promotion in Sports Marketing the Game.
Any form of communication a business or company uses to inform, persuade, or remind people about products and to improve its image PROMOTION.
The Promotional Mix Advertising Public Relations Personal Selling and Direct Mail Sales Promotion Q $100 Q $100 Q $200 Q $200 Q $300 Q $300 Q $400 Q $400.
Chapter 17 promotional concepts and strategies Section 17.1
Chapter 14 Integrated Marketing Communications
CHAPTER 17. Promotion informpersuade remind any form of communication a business or organization uses to inform, persuade, or remind people about its.
MARKETING COMMUNICATION
Promotion and Promotional Mix. Lesson Objectives Explain the role of promotion in business and marketing Identify the types of promotion Describe the.
1 The Role of Promotion Promotion- any form of communication a business or organization uses to inform, persuade, or remind people about its products and.
Any form of communication a business or company uses to inform, persuade, or remind people about products and to improve its image PROMOTION.
Any form of communication a business or company uses to inform, persuade, or remind people about products and to improve its image PROMOTION.
Any form of communication a business or company uses to inform, persuade, or remind people about products and to improve its image PROMOTION.
P ROMOTIONAL M IX. What is Promotion? Promotion- any form of communication a business uses to inform, persuade, or remind people about its products Promotional.
1 UNIT F FASHION PROMOTION 6.01 Identify the components of the promotional mix.
MARKETING 4.01 Acquire a foundational knowledge of promotion to understand its nature and scope. 1.
Marketing Chapter 17 Section 1.  Promotion is one of the four Ps of the Marketing Mix (product, place, price, and promotion).  Promotion is persuasive.
D. Marketing a Small Business 6.00 Explain the fundamentals of marketing in a small business Explain marketing and its importance.
Promotion and the Promotional Mix. What is promotion? Promotion is one of the four P’s of the Marketing Mix Promotion is persuasive communication to inform.
SALES AND PROMOTIONS Know Your Options Types of promotion.
Promotion and the Promotional Mix. What is promotion? Promotion is one of the four P’s of the Marketing Mix Promotion is persuasive communication to inform.
D. Marketing a Small Business
Communications conducted by a producer to potential buyers to introduce the product and push them to buy during a given period. Goal: to influence the.
Sports and Entertainment Marketing
Advertising - Promotion and Special Events
UNIT F FASHION PROMOTION
Promotional Concepts and Strategies
Integrated Marketing Communications
UNIT F FASHION PROMOTION
Promotional Concepts and Strategies
Functions of Marketing Communications
Introduction to Business
Section 17.1 The Promotional Mix
Business & Marketing Unit 6: Promotion.
Chapter 3 Advertising and the Marketing Process
If you know this info, you will pass the Promo portion of the EOPA!
Promotional Concepts & Strategies
Explain the role of promotion as a marketing function
Chapter Objectives Understand the role of marketing communication
The role of promotion in marketing The concept of promotional mix
Unit 6 Promotion Chapter 17 Promotional Concepts and Strategies
Chapter 17 Promotional Concepts and Strategies
If you know this info, you will pass the Promo portion of the EOPA!
Students will understand and demonstrate knowledge of Promotion
D. Marketing a Small Business
Chapter 17 promotional concepts and strategies Section 17.1
The Promotional Mix What You’ll Learn
Chapter 17 Promotional Concepts and Strategies
UNIT F FASHION PROMOTION
Presentation transcript:

Promotional Mix

What is promotion? Any form of communication a business or organization uses to inform, persuade, or remind people about its products.

The Promotional Mix is a combination of the different types of promotion.

Two types of promotion Product Promotion Institutional Promotion Type of promotion that a business uses to convince potential customers to buy products from them and not their competitors. Institutional Promotion Type of promotion that a business uses to create a favorable image for itself.

Four basic types of promotion…. Personal selling Advertising Sales promotion Public relations

What is the largest form of promotion? Personal Selling! This type of promotion requires contact with potential buyers

Advertising…. Advertise here! Any paid form of non-personal presentation and promotion of ideas, goods, or services by an identified sponsor. Advertise here!

Sales Promotion All marketing activities, other than personal selling, advertising, and public relations is called….

Public Relations Any activity designed to create a favorable image toward a business, its products or its policies.

Publicity A specific kind of public relations that involves placing positive and newsworthy information about a business, its products, or its policies in the media is called…..

Publicity Advantage… It is free! Disadvantage….. Its contents cannot be controlled by the business

Principal function of publicity… Building an image

What do they do? Advertising Public Relations Sales Promotion Creates awareness of a business’s product Public Relations Creates a favorable image for the business itself Sales Promotion Efforts stimulate sales Personal Selling Builds on all of the other efforts by helping customers complete the sale

Marketing Department Establishes a promotion budget McDonald's Press Release 08/31/2005 McDonald's Press Release 08/31/2005 McDonald's Press Release 08/31/2005 McDonald's Press Release 08/31/2005 McDonald's Press Release 08/31/2005 McDonald's Press Release 08/31/2005 McDonald's Press Release 08/31/2005 McDonald's Press Release 08/31/2005 McDonald's Names Mary Dillon as Global Chief Marketing Officer McDonald's Names Mary Dillon as Global Chief Marketing Officer McDonald's Names Mary Dillon as Global Chief Marketing Officer McDonald's Names Mary Dillon as Global Chief Marketing Officer McDonald's Names Mary Dillon as Global Chief Marketing Officer McDonald's Names Mary Dillon as Global Chief Marketing Officer McDonald's Names Mary Dillon as Global Chief Marketing Officer McDonald's Names Mary Dillon as Global Chief Marketing Officer OAK BROOK, IL -- McDonald's Corporation today announced that Mary Dillon has been named Executive Vice President and Global Chief Marketing Officer for the company, succeeding Larry Light, who will retire at the end of this year. Dillon, 44, is currently President of Quaker Foods, a Chicago-based division of PepsiCo Corporation. She will assume her global responsibilities as McDonald's marketing leader effective October 3rd, reporting to Mike Roberts, McDonald's President and Chief Operating Officer. In making the announcement, Jim Skinner, McDonald's Chief Executive Officer, said, "Mary Dillon is an extremely talented executive who brings a remarkable combination of marketing and general management expertise to McDonald's. Mary will add energetic leadership and creative thinking to a global marketing team that continues to deepen relationships with our customers. Mike and I are very confident that Mary has both the skills and the determination to lead our global marketing and brand management to an important new level." OAK BROOK, IL -- McDonald's Corporation today announced that Mary Dillon has been named Executive Vice President and Global Chief Marketing Officer for the company, succeeding Larry Light, who will retire at the end of this year. Dillon, 44, is currently President of Quaker Foods, a Chicago-based division of PepsiCo Corporation. She will assume her global responsibilities as McDonald's marketing leader effective October 3rd, reporting to Mike Roberts, McDonald's President and Chief Operating Officer. In making the announcement, Jim Skinner, McDonald's Chief Executive Officer, said, "Mary Dillon is an extremely talented executive who brings a remarkable combination of marketing and general management expertise to McDonald's. Mary will add energetic leadership and creative thinking to a global marketing team that continues to deepen relationships with our customers. Mike and I are very confident that Mary has both the skills and the determination to lead our global marketing and brand management to an important new level." OAK BROOK, IL -- McDonald's Corporation today announced that Mary Dillon has been named Executive Vice President and Global Chief Marketing Officer for the company, succeeding Larry Light, who will retire at the end of this year. Dillon, 44, is currently President of Quaker Foods, a Chicago-based division of PepsiCo Corporation. She will assume her global responsibilities as McDonald's marketing leader effective October 3rd, reporting to Mike Roberts, McDonald's President and Chief Operating Officer. In making the announcement, Jim Skinner, McDonald's Chief Executive Officer, said, "Mary Dillon is an extremely talented executive who brings a remarkable combination of marketing and general management expertise to McDonald's. Mary will add energetic leadership and creative thinking to a global marketing team that continues to deepen relationships with our customers. Mike and I are very confident that Mary has both the skills and the determination to lead our global marketing and brand management to an important new level." OAK BROOK, IL -- McDonald's Corporation today announced that Mary Dillon has been named Executive Vice President and Global Chief Marketing Officer for the company, succeeding Larry Light, who will retire at the end of this year. Dillon, 44, is currently President of Quaker Foods, a Chicago-based division of PepsiCo Corporation. She will assume her global responsibilities as McDonald's marketing leader effective October 3rd, reporting to Mike Roberts, McDonald's President and Chief Operating Officer. In making the announcement, Jim Skinner, McDonald's Chief Executive Officer, said, "Mary Dillon is an extremely talented executive who brings a remarkable combination of marketing and general management expertise to McDonald's. Mary will add energetic leadership and creative thinking to a global marketing team that continues to deepen relationships with our customers. Mike and I are very confident that Mary has both the skills and the determination to lead our global marketing and brand management to an important new level." OAK BROOK, IL -- McDonald's Corporation today announced that Mary Dillon has been named Executive Vice President and Global Chief Marketing Officer for the company, succeeding Larry Light, who will retire at the end of this year. Dillon, 44, is currently President of Quaker Foods, a Chicago-based division of PepsiCo Corporation. She will assume her global responsibilities as McDonald's marketing leader effective October 3rd, reporting to Mike Roberts, McDonald's President and Chief Operating Officer. In making the announcement, Jim Skinner, McDonald's Chief Executive Officer, said, "Mary Dillon is an extremely talented executive who brings a remarkable combination of marketing and general management expertise to McDonald's. Mary will add energetic leadership and creative thinking to a global marketing team that continues to deepen relationships with our customers. Mike and I are very confident that Mary has both the skills and the determination to lead our global marketing and brand management to an important new level." OAK BROOK, IL -- McDonald's Corporation today announced that Mary Dillon has been named Executive Vice President and Global Chief Marketing Officer for the company, succeeding Larry Light, who will retire at the end of this year. Dillon, 44, is currently President of Quaker Foods, a Chicago-based division of PepsiCo Corporation. She will assume her global responsibilities as McDonald's marketing leader effective October 3rd, reporting to Mike Roberts, McDonald's President and Chief Operating Officer. In making the announcement, Jim Skinner, McDonald's Chief Executive Officer, said, "Mary Dillon is an extremely talented executive who brings a remarkable combination of marketing and general management expertise to McDonald's. Mary will add energetic leadership and creative thinking to a global marketing team that continues to deepen relationships with our customers. Mike and I are very confident that Mary has both the skills and the determination to lead our global marketing and brand management to an important new level." OAK BROOK, IL -- McDonald's Corporation today announced that Mary Dillon has been named Executive Vice President and Global Chief Marketing Officer for the company, succeeding Larry Light, who will retire at the end of this year. Dillon, 44, is currently President of Quaker Foods, a Chicago-based division of PepsiCo Corporation. She will assume her global responsibilities as McDonald's marketing leader effective October 3rd, reporting to Mike Roberts, McDonald's President and Chief Operating Officer. In making the announcement, Jim Skinner, McDonald's Chief Executive Officer, said, "Mary Dillon is an extremely talented executive who brings a remarkable combination of marketing and general management expertise to McDonald's. Mary will add energetic leadership and creative thinking to a global marketing team that continues to deepen relationships with our customers. Mike and I are very confident that Mary has both the skills and the determination to lead our global marketing and brand management to an important new level." OAK BROOK, IL -- McDonald's Corporation today announced that Mary Dillon has been named Executive Vice President and Global Chief Marketing Officer for the company, succeeding Larry Light, who will retire at the end of this year. Dillon, 44, is currently President of Quaker Foods, a Chicago-based division of PepsiCo Corporation. She will assume her global responsibilities as McDonald's marketing leader effective October 3rd, reporting to Mike Roberts, McDonald's President and Chief Operating Officer. In making the announcement, Jim Skinner, McDonald's Chief Executive Officer, said, "Mary Dillon is an extremely talented executive who brings a remarkable combination of marketing and general management expertise to McDonald's. Mary will add energetic leadership and creative thinking to a global marketing team that continues to deepen relationships with our customers. Mike and I are very confident that Mary has both the skills and the determination to lead our global marketing and brand management to an important new level." In accepting the post, Dillon said, "This is one of the best marketing jobs in the world, and I am excited and immensely proud to join this world-class team that touches millions of consumers every day. I would like to begin this new role by thanking Larry Light and the entire marketing team for building a tradition of customer relevancy at McDonald's. I will work to continue this record of marketing leadership and build brand strength going forward." In accepting the post, Dillon said, "This is one of the best marketing jobs in the world, and I am excited and immensely proud to join this world-class team that touches millions of consumers every day. I would like to begin this new role by thanking Larry Light and the entire marketing team for building a tradition of customer relevancy at McDonald's. I will work to continue this record of marketing leadership and build brand strength going forward." In accepting the post, Dillon said, "This is one of the best marketing jobs in the world, and I am excited and immensely proud to join this world-class team that touches millions of consumers every day. I would like to begin this new role by thanking Larry Light and the entire marketing team for building a tradition of customer relevancy at McDonald's. I will work to continue this record of marketing leadership and build brand strength going forward." In accepting the post, Dillon said, "This is one of the best marketing jobs in the world, and I am excited and immensely proud to join this world-class team that touches millions of consumers every day. I would like to begin this new role by thanking Larry Light and the entire marketing team for building a tradition of customer relevancy at McDonald's. I will work to continue this record of marketing leadership and build brand strength going forward." In accepting the post, Dillon said, "This is one of the best marketing jobs in the world, and I am excited and immensely proud to join this world-class team that touches millions of consumers every day. I would like to begin this new role by thanking Larry Light and the entire marketing team for building a tradition of customer relevancy at McDonald's. I will work to continue this record of marketing leadership and build brand strength going forward." In accepting the post, Dillon said, "This is one of the best marketing jobs in the world, and I am excited and immensely proud to join this world-class team that touches millions of consumers every day. I would like to begin this new role by thanking Larry Light and the entire marketing team for building a tradition of customer relevancy at McDonald's. I will work to continue this record of marketing leadership and build brand strength going forward." In accepting the post, Dillon said, "This is one of the best marketing jobs in the world, and I am excited and immensely proud to join this world-class team that touches millions of consumers every day. I would like to begin this new role by thanking Larry Light and the entire marketing team for building a tradition of customer relevancy at McDonald's. I will work to continue this record of marketing leadership and build brand strength going forward." In accepting the post, Dillon said, "This is one of the best marketing jobs in the world, and I am excited and immensely proud to join this world-class team that touches millions of consumers every day. I would like to begin this new role by thanking Larry Light and the entire marketing team for building a tradition of customer relevancy at McDonald's. I will work to continue this record of marketing leadership and build brand strength going forward." Marketing Department Establishes a promotion budget Allocates resources Coordinates the campaign Determines the right promotional mix for the company

McDonald's Press Release 08/31/2005 McDonald's Names Mary Dillon as Global Chief Marketing Officer OAK BROOK, IL -- McDonald's Corporation today announced that Mary Dillon has been named Executive Vice President and Global Chief Marketing Officer for the company, succeeding Larry Light, who will retire at the end of this year. Dillon, 44, is currently President of Quaker Foods, a Chicago-based division of PepsiCo Corporation. She will assume her global responsibilities as McDonald's marketing leader effective October 3rd, reporting to Mike Roberts, McDonald's President and Chief Operating Officer. In making the announcement, Jim Skinner, McDonald's Chief Executive Officer, said, "Mary Dillon is an extremely talented executive who brings a remarkable combination of marketing and general management expertise to McDonald's. Mary will add energetic leadership and creative thinking to a global marketing team that continues to deepen relationships with our customers. Mike and I are very confident that Mary has both the skills and the determination to lead our global marketing and brand management to an important new level." In accepting the post, Dillon said, "This is one of the best marketing jobs in the world, and I am excited and immensely proud to join this world-class team that touches millions of consumers every day. I would like to begin this new role by thanking Larry Light and the entire marketing team for building a tradition of customer relevancy at McDonald's. I will work to continue this record of marketing leadership and build brand strength going forward."

Push Policy Promotion policy used only with the next partner in the distribution channel. Manufacturers PUSH a product to the retailers for sale….

Pull Policy Promotion policy designed to create consumer interest When a product is consumer driven or PUSHED into a store….