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Promotion considerations

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Presentation on theme: "Promotion considerations"— Presentation transcript:

1 Promotion considerations
Unit 1: Marketing Promotion considerations 15/05/2018

2 Promotion -push and pull effects
Push effects are strategies to get an organisation’s products into the distribution network Pull effects mean customers ask for the product specifically and proactively before it is in the network 15/05/2018

3 Promotion - SOST A method of ensuring integrated marketing planning and communication within an organisation: Situation: where does the organisation find itself? Objectives: what are the key objectives to be met by the marketing campaign? Strategy: how is the objective going to be achieved? Tactics: What are the operational details of the agreed tactics? 15/05/2018

4 Promotion – the 6Ms Another strategic consideration model for integrated planning, also known as the 4Ms Men: your human resource Money: your budget Machines: your equipment availability Materials: samples, brochures needed Minutes: time constraints to consider Measurement: against your initial objectives 15/05/2018

5 The Promotional Mix When deciding on a promotional campaign for a product/service, an organisation should consider a relevant combination of promotional methods, known as the promotional mix This mix should ensure communication to all levels and locations of target market 15/05/2018

6 Sales Promotions BOGOFF!
Q: What other sales promotion methods are there? 15/05/2018

7 Direct marketing The distribution of products, information and promotional benefits to target consumers through interactive communication in a way that allows response to be measured 15/05/2018

8 Personal Selling Oral communication with prospective purchasers with the intention of making a sale 15/05/2018

9 Online marketing Q: What types of marketing have you seen emerge on the internet? Q: How do companies use this to create a competitive advantage 15/05/2018

10 Advertising The purpose of advertising is to: Support increased sales
Encourage trials Create awareness Inform Remind Reassure Create an image Change opinion and attitudes Gain support internally and externally 15/05/2018

11 Advertising All objectives should be SMART Q: What is SMART?
15/05/2018

12 Advertising Above the line
Advertising in media options such as the press, TV, cinemas Relate to earnings on a commission basis Below the line Advertising in media such as direct mail, exhibitions, packaging, merchandising Relate to earnings on a fee basis 15/05/2018

13 Other promotional methods
Exhibitions Sponsorships PR Branding 15/05/2018 HNC/HND Business

14 Further research/reading
Research the role of advertising agencies in the promotional strategies of organisations – think about the advantages and disadvantages of designing promotional plans in-house as opposed to using external agencies Research the different media options available for promotions 15/05/2018


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