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Published byEverett Martin Modified over 9 years ago
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By: Gus Minkin, Breaun Randle, Chase Abendschoen
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The Communication Process Effective Communication is the exchange of information so there is common understanding by all participants Communication begins with the “sender” that has the information to communicate to the “receiver” The “sender” must choose the “communication channel” where the information will be transmitted Preparing the information to be communicated is called “encoding” When the information is received and interpreted, it’s called “decoding” The receiver response is called “feedback”
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Communicating Through Promotion Promotion, any form of communication used to inform, persuade, or remind, is an important part of communication Business decides what information to provide to persuade consumers to make a purchase Businesses present information in promotional message like an advertisement Common promotional channels are advertising media, salespeople, and the Internet Promotion can be made more effective when businesses choose target markets and studying needs Early messages get attention, later promotions compare to competing brands
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Personalized Promotion Personalized promotion is most effective and most expensive form of marketing communication The most well-known form of personalized promotion is personal selling, direct, individualized communication to access customer needs and provide them with right product or service When preparing for a sale, a salesperson will get information on the customer they are meeting In these meetings, the salesperson ask questions, provides information, and demonstrates the product The salesperson also help the customer make a decision to purchase
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Mass Promotion Mass promotion is directed to many people at the same time People from same target markets have same like needs Much less expensive the personalized promotion Advertising is the most known and used type of mass promotion. It is a paid form of communication through mass media directed towards consumers to provide information and influence their decisions Most advertisements do not result in an immediate sale Other types of mass promotion are publicity, public relations, and sales promotion
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Mass Personalization Mass personalization is a combination of mass and personalization promotions Begins through mass media such as newspapers, mass mailing, or the internet If they interests consumers, the company provides easy-to-use method for personalized information Businesses also use online surveys to gather information about consumers Consumers can be sent specific information via email
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