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Sports and Entertainment Marketing
The Promotional Mix Sports and Entertainment Marketing
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Promotion any form of communication a business or organization uses to inform, persuade, or remind people about its products or improve its public image
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Product Promotion used to convince potential customer to buy products instead of buying from a competitor Identifies where it is sold Advertises product sales Answers consumer questions Introduces new offerings
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Institutional Promotion
used by a business to create a favorable image for itself, as opposed to promoting a product or service Does not directly sell a certain product, but a favorable image will likely increase sales for a company
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Promotional Mix the combination of the different types of promotion a business or organizations uses to promote its products
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The Promotional Mix Direct Marketing Sales Promotion Publicity
Advertising Sales Promotion Direct Marketing Publicity Personal Selling
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The Promotional Mix Advertising – any PAID form of non-personal promotion of ideas, goods, or services by an identified sponsor Sales Promotion – a short term incentive to get customers interested in buying a product Direct Marketing – marketing activities to sell products directly to customers through the use of a customer database Publicity – the FREE mention of a product or company in the media Personal Selling – direct communication by a salesperson to potential customers either in person, by telephone, or
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Advertising Paid communication One-way communication
Broadcast (TV, Internet, Radio) Print (Newspaper, Magazines, Direct Mail) Outdoor (Billboards, Marquis) Transit (Busses)
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Sales Promotion All marketing activities other than
Advertising Selling Publicity/PR Activities that drive product sales Examples: Coupons, contests, raffles, special events
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Direct Marketing Marketing activities to sell products directly to customers through the use of a customer database
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Publicity & Public Relations
Activities that influence a target audience Creates a favorable image for the company, it’s products, or policies Cultivate media relations IMAGE!
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Personal Selling Face-to-face interaction with customer
Persuasive approach – educate and inform about the product/service The goal is to lead the customer to a correct buying decision for their needs Business-to-business selling Business-to-consumer selling
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Activity Promotional Mix Internet Activity
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