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Promotions Marketing I
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What is a promotion? In your own words explain what a promotion is used for and what it is intended to achieve
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What is a promotion? Decisions about advertising, personal selling, sales promotion, and public relations used to attract customers and A way to attract potential customers
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Types of promotional Methods
Product promotion A promotional method used by businesses to convince prospects to select their goods or services instead of a competitors brands. Or Institutional promotion A promotional method used to create a favorable image for a business, help it advocate for change, or take a stand on trade or community issues.
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The promotional mix Personal Selling Advertising Direct Marketing
Sales Promotion Public Relations
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Why do you think this is expensive?
Personal Selling Direct contact to the consumer Very expensive Why do you think this is expensive?
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Advertising is everywhere
A form of non personal promotion in which companies pay to promote ideas, goods, or services in a variety of media outlets.
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Direct Marketing A type of advertising that sends a promotional message to a targeted group of prospects and customers rather than to a mass audience. Examples: mail, , telemarketing Who can name a great and inexpensive way to directly market a product to a specific target market that I did not mention above?
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Direct Marketing
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Sales Promotion All marketing activities, other than personal selling, advertising, and public relations, that are directed at business or retail customers to boost sales.
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Types of Sales Promotions
Sales strategies that encourage customers and prospects to buy a product or service. Coupons: A certificate that entitles a customer to a cash discount on goods or services. Premiums: low-cost item given to consumers at a discount or for free. (free bag with the purchase of perfume) Incentives: A higher-priced product, award, or gift card that is earned and given away through contests, sweepstakes, special offers, and rebates.
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Types of Sales Promotions
Promotional tie ins: Activity that involves sales promotions between one or more retailers or manufacturers; also called cross-promotion or cross-selling.
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Loyalty marketing program: A marketing program that rewards customers by offering incentives for repeat purchases, such as a frequent flyer.
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Kiosk: A point-of-purchase display that is a stand-alone structure.
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Types of Sales Promotions
Product Samples Sponsorships- an athlete, celebrity is paid to be in commercials. Also paid to be seen using the products or services. sponsorships-in-sports_5.html
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Public Relations Activities that help an organization to influence a target audience. Examples: News release: An announcement sent to the appropriate media outlets. Social media: twitter, Facebook, Instagram post by a company about a certain event, sale, coupon, etc… Publicity: Bringing news or newsworthy information about an organization to the publics attention.
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Assignment Your job is to find examples of the promotional Mix. You will need to copy and paste them into a new document in Google Classroom and turn it in to me. 2-different Sales promotion (they cannot be the same genre) 2-advertisements (they cannot be the same genre) 2- Direct marketing(they cannot be the same genre) 2-Public relations (they cannot be the same genre) This is the end of the period
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