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Published byAnnis Anderson Modified over 9 years ago
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Promotion in Marketing Use communication to influence the awareness, feelings, beliefs and behavior of prospective customers Use communication to influence the awareness, feelings, beliefs and behavior of prospective customers
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Goal of Promotion
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Role of Promotion in Marketing Inform Persuade Remind
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Types of Promotion “The Promotional Mix” Personal Selling Advertising Public Relations and publicity Sales promotion
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Personal Selling “the direct presentation of a product to prospective customer by a representative of the organization selling it.”
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Advertising “a non-personal communication paid for by a clearly identified sponsor promoting ideas, organizations, or products.”
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Sales Promotion “sponsor-funded, demand stimulating activity designed to supplement advertising and facilitate personal selling.”
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Public Relations Communication efforts that are designed to favorably influence attitudes toward an organization, its products, and its policies.
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Publicity A special type of public relations This involves any communication about an organization, its products, or its policies through the media that is not paid for by the sponsoring organization.
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Integrated Marketing Communication A strategic business process used to plan, develop, execute, and evaluate Coordinated, measurable, persuasive communication with an organization’s public
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Implementing IMC Coordinated to accomplish objectives Advertising Sales Promotion Personal Selling Public Relations Direct Marketing
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IMC Elements Awareness of audience’s information sources Understanding of audience’s knowledge and beliefs Mix of promotional tools contributing to common goal Promotional effort coordinated to communicate a consistent message tailored to needs
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Barriers to IMC Competing departments Communication
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Communication Process
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Determining the Promotional Mix STRATEGIC DECISIONS Funds Available Product Life Cycle Stage Nature of product Promotion Objectives Target Audience
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Target Audience: Push and Pull Strategies
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Promotion Objectives: Hierarchy of Effects Purchase Conviction Liking Knowledge Awareness
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Product Life Cycle
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The Promotion Budget Percentage Of Sales Task or Objective Following Competition All Available Funds
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Regulation of Promotion Federal Trade Commission Act Trademark Law Revision Act Lanham Trademark Act Wheeler- Lea Amendment Robinson -Patman Act Telephone Consumer Protection Act FEDERAL
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Regulation of Promotion STATE AND LOCAL Green River Ordinance National Advertising Division Printers’ Ink Statutes Council of Better Business Bureaus Children’s Advertising Review Unit PRIVATE ORGANIZATIONS
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