QUICK QUIZ 4.01 ELEMENTS QUESTIONS.

Slides:



Advertisements
Similar presentations
4.01 Sara and Sierra.
Advertisements

Unit 6 Promotion Chapter 17 Promotional Concepts and Strategies
Chapter 28 Promotion and Place Name 12 SAM.
Promotion and Promotional Mix
PROMOTION.
Promotional Mix Marketing Mix: Product Price Promotion Place
QUICK QUIZ 4.01 ELEMENTS QUESTIONS.
Your Guide to the DECA Basics
FASHION PROMOTION. Promotion: communicating with customers about products and services to create demand.
Copyright © 2004 South-Western. All rights reserved.14–1 Learning Goals Explain promotion benefits. advertising personal selling sales promotion. public.
4.01 REVIEW PROMOTION.
1 Chapter 16: Promotional Planning for Competitive Advantage Prepared by Amit Shah, Frostburg State University Designed by Eric Brengle, B-books, Ltd.
What is a Product Life Cycle?  The marketing theory that a product moves through different stages of life, from birth to death.  Every decision impacts.
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.
Marketing- Product, Price, and Promotion 9 Chapter © 2004 by Nelson, a division of Thomson Canada Limited.
PROMOTION The communication of information about goods, services, images, and/or ideas to influence purchase behavior.
MARKETING COMMUNICATION
Marketing Trivia Game C Sales begin to level off on a 5 year old product because customers are purchasing the competitor's brand. What strategy.
> > > > Promotion and Pricing Strategies Chapter 14.
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.
2 pt 3 pt 4 pt 5 pt 1 pt 2 pt 3 pt 4 pt 5 pt 1 pt 2 pt 3 pt 4 pt 5 pt 1 pt 2 pt 3 pt 4 pt 5 pt 1 pt 2 pt 3 pt 4 pt 5 pt 1 pt Promotion Baby! 4.01 Ad this!
1 Copyright ©2006 by South-Western, a division of Thomson Learning. All rights reserved Chapter 14 Prepared by Deborah Baker Texas Christian University.
MARKETING 4.01 Acquire a foundational knowledge of promotion to understand its nature and scope. 1.
Chapter 19 - What is Promotion? What is Promotion?
1 Copyright ©2006 by South-Western, a division of Thomson Learning. All rights reserved Chapter 12 Prepared by Deborah Baker Texas Christian University.
1 PROMOTIONAL MIX PROMOTION LAP 1. 2 PROMOTION u Communication activities that inform potential consumers about the existence of goods, services, or ideas.
4.01C Identify the elements of the promotional mix.
Marketing. Plan - Marketing research - Market research methods - Marketing activities - Product life cycle.
SALES AND PROMOTIONS Know Your Options Types of promotion.
Marketing mix. The marketing mix The marketing mix is also known as the 4Ps: Product Price Place 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.
11 Marketing mix © Malcolm Surridge and Andrew Gillespie 2016.
Unit 1.01 Questions and Answers
Promotion.
Click here to advance to the next slide.
Marketing Communications and Promotional Practice
Effective Marketing.
The Definition of Price
6.0 Understand the promotion of a fashion image.
Marketing in Today’s World
Promotion.
Sports and Entertainment Marketing
Integrated Marketing Communications
Understand marketing’s role and function in business to facilitate economic exchanges with customers. Marketing Indicator 1.01.
UNIT F FASHION PROMOTION
UNIT F FASHION PROMOTION
Chapter 3.
Promotional Concepts and Strategies
Advanced Marketing What are we doing? Promotion
The Marketing Mix.
Marketing! What’s it all about?.
Introduction to Marketing
Chapter 17 Promotional Concepts and Strategies
Unit 5: Marketing Knowledge Organiser 5 The Role of Marketing
Introduction to Business
4.01 REVIEW PROMOTION.
The Definition of Price
Explain the role of the promotion strategy.
Fundamentals of Marketing
Chapter 17 promotional concepts and strategies Section 17.1
Integrated Marketing Communications
The Promotional Mix What You’ll Learn
Chapter 17 Promotional Concepts and Strategies
UNIT F FASHION PROMOTION
Chapter 17 Promotional Concepts and Strategies
How would you promote your fashion line?
Unit -1.
Marketing! What’s it all about?.
Designing and Managing Integrated Marketing Communications Chapter : 19.
Unit 1 – Strategies Used in the Sports and Entertainment Industry
Presentation transcript:

QUICK QUIZ 4.01 ELEMENTS QUESTIONS

What is an example of an external factor that affects promotion? Reorganization of the business Increase in a product's price Government regulation of ads A change in distribution methods

How does promotion benefit customers? Causes them to postpone making buying decisions Enables them to identify their buying decisions Helps them to select appropriate products Requires them to spend more on products

Institutional advertising Free publicity Sales promotion What type of promotion is depicted  by a business's one- time announcement of its half price sale in the local newspaper? Product promotion Institutional advertising Free publicity Sales promotion

What is an objective of institutional advertising? To support personal selling activities To demonstrate the organization's role in community affairs To introduce new goods or services To create customer interest in the company's goods or services.

Introductory Growth Declining Introduction In which stage of a product's life cycle do promotional activities focus on differences between competing products? Introductory Growth Declining Introduction

Personal selling Sales promotion Publicity Advertising What form of promotion is generally emphasized for complex, technical products sold to industrial users? Personal selling Sales promotion Publicity Advertising

By playing follow the leader By reducing their promotional budgets How do competing businesses within the same industry usually react to each other's promotional mixes? By playing follow the leader By reducing their promotional budgets By trying not to outdo each other By changing distribution channels

Company television commercial What is an example of publicity? Company news release Direct mail Billboard Company television commercial

What is an example of advertisement stereotyping ? A television commercial depicts a woman mopping the kitchen with a new floor cleaner. A print ad shows a middle-aged male pouring orange juice for his children. A magazine ad campaign presents a variety of people who encourage others to drink milk. A well-known athlete records a PSA that emphasizes the importance of continuing education.

Which advertising message reinforces the concept of materialism? We make this product by hand and use organic materials. The government rates our product higher than our competitor's product. You can increase your social status by purchasing this product. For more information about our line of products, visit our website.

Personalized premiums Attractive commercials Publicity campaigns What is new technology enabling businesses to create that is impacting the promotion function? Personalized premiums Attractive commercials Publicity campaigns Individualized messages

How have technological advancements enhanced a small business's ability to promote its products? Most companies need fewer channels to coordinate and carry out promotional activities. Small companies now have more money to spend on promotional activities. Less time and creativity are required to develop effective promotional campaigns. Information can be communicated by more venues, and messages can be customized.

Why are there specific guidelines for advertising to children? Research indicated that juvenile offenders watched more advertising on television than the average child. Children are impressionable, and the wrong kinds of advertising can affect their development. Parents mounted a campaign against advertisers because their children demanded products they saw advertised. Children revealed, in focus groups, that while they like watching ads, it doesn't make them behave differently.

Which statement is true about regulating international promotional activities? Most countries have a system of checks and balances to verify that promotion regulations are fair. Businesses must submit all promotional materials to the International Ad Coalition for approval. Governments bear the sole responsibility of monitoring promotional materials and regulations. A business must understand that the laws governing promotional activities vary by country.