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GOLDEN ROLE OF PROMOTION COMMUNICATION! COMMUNICATION! COMMUNICATION! COMMUNICATION! COMMUNICATION! COMMUNICATION! COMMUNICATION!

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Presentation on theme: "GOLDEN ROLE OF PROMOTION COMMUNICATION! COMMUNICATION! COMMUNICATION! COMMUNICATION! COMMUNICATION! COMMUNICATION! COMMUNICATION!"— Presentation transcript:

1 GOLDEN ROLE OF PROMOTION COMMUNICATION! COMMUNICATION! COMMUNICATION! COMMUNICATION! COMMUNICATION! COMMUNICATION! COMMUNICATION!

2 GOLDEN IMC Integrated Marketing Communication –Coordinate promotion and other marketing efforts. –Maximize informational and persuasive impact through synergy. –Create seamless message.

3 GOLDEN NONVERBAL COMMUNICATION (NVC) Haptics/Tactile: Use of touch. Proxemics: Use of space. Kinesics: Use of body.

4 GOLDEN PROMOTION OBJECTIVES Create Awareness Stimulate Demand –Primary and selective demand Encourage Trial Identify Prospects Retain Loyal Customers Facilitate Reseller Support Combat Competition Reduce Sales Fluctuations

5 GOLDEN PROMOTION MIX Advertising: Paid non-personal communication. Cost efficient but has slow, inaccurate feedback. Personal Selling: Paid personal communication. Very expensive per contact but has fast and accurate feedback. Public Relations: Communication with various internal and external publics. Image management. Sales Promotion: Inducement or incentive that adds value. Irregular use and mostly a short term strategy.

6 GOLDEN PUSH/PULL STRATEGIES PUSH: Pushing promotions to the next institution in the marketing channel. PULL: Promote directly to consumer, which creates demand and pulls products through the marketing channel.


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