promotion: any form of communication used to inform, persuade, or remind people about company...
TRANSCRIPT
Promotion:
Any form of communication used to inform, persuade, or remind people about company products or services
Promotional Mix
Possible Activities
AdvertisingSales PromotionPublicity / PRProduct PlacementDirect MarketingViral marketingPersonal Selling
The combination of promotional activities that an organization uses to communicate its message and sell its products.
Advertising
Advertising is the paid communication of information designed to reach mass audiences and usually persuasive in nature about products, services or ideas by identified sponsors through the various media outlets
Traditional Media●Magazine ad●Newspaper ad●TV commercial●Radio ad●Billboard
ADVERTISING STRATEGIES
• Repetition
• Heart Strings
• Sounds Good
• Cartoon Character
• Are you cool enough
• Sex appeal
• humor
• Ideal for Kids of Families
• Star Power
• Bandwagon
• Scale
• Put downs
• Facts and Figures
Sales Promotions
Short Term activities or communications that encourage consumers to act quickly and purchase products or services.
Examples of devices used in sales promotion include coupons, samples, short term discounts, point-of-purchase (POP) displays, contests, giveaways, and sweepstakes.
CONTEST
Public Relations /Publicity
Build a favorable image by publicizing the organization or product through stories in print and broadcast media, also through community philanthropy / cause marketing, special programs and events
EXAMPLES●Media relations
News stories
●Special events●Speaking engagements
appearances●Sponsorships●Cause Marketing●Endorsements
Product Placement
A company intentionally inserts products into entertainment programs such as movies, TV programs and video games.
●Product appears within an entertainment program
●actual product use by an actor in the program
●words spoken by an actor that include the product name
Starbucks, You've Got Mail
Direct MarketingA form of promotion in which physical marketing materials are provided to
consumers in order to communicate information about a product, service or organization - mailed home, passed out at events, etc.
Direct Mail - sent to potential customer's homesGame Schedules - handed out at United Center
Viral Marketing
●Spread awareness using internet – “electronic word of mouth”
●Creating a video, attaching to social media/YouTube and hoping that it is shared because of its entertainment value/humor.
Smart Water Viral Video Example
Social Media
Personal Selling
●Face-to-face selling in which a seller attempts to persuade a buyer to make a purchase
Top 10 Marketing Campaigns