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Bell Ringer

Discover the world of promotion and learn about the elements of the promotional mix, including advertising, personal selling, publicity, and sales promotion. Explore how companies identify target markets based on geographic and demographic characteristics.

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Bell Ringer

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Presentation Transcript

  1. Bell Ringer • Have you ever heard of the Microsoft X Box? • How did you hear about it?

  2. Promotional Mix

  3. Objectives • Define promotion • Define promotional mix • Define and discuss the elements of the promotional mix • Review Target Marketing • Look at T.V. Commercials and identify their target market

  4. What is Promotion? • Promotion- involves all communication activities that inform potential consumers about the existence of goods, services, or ideas and persuades them to buy

  5. Promotional Mix • Promotional Mix- the most effective combination, or blend, of the marketing communication channels that a business uses to send its messages to consumers.

  6. Advertising • Advertising - any paid form of non-personal presentation of ideas, goods or services • Major Media • Television • Direct Mail • Outdoor Advertising • Directories • Radio • Newspaper • Magazines

  7. Personal Selling • Personal Selling- the form of promotion that uses planned, personalized communication in order to influence purchase decisions and to ensure satisfaction.

  8. Publicity • Publicity - a non-person form of promotion that is not paid for by the individual or company which receives it. • Ex’s: news release, appearance on T.V. Talk shows, mention of charitable activities in print or broadcast media, feature article, press conference

  9. Sales Promotion • Sales promotion - promotional activities other than advertising, personal selling, or publicity, which stimulate purchases. • Ex’s: Displays, Fashion Shows, Coupons, Free Samples, Contests, Novelty Items, Trade Shows, Demonstrations, Exhibits

  10. Target Marketing • Target Marketing - focusing all marketing decisions on the specific group of people you want to reach

  11. Target Marketing • Target markets can be identified by common geographic characteristics, such as region, county size, size of city, density of population, and climate of the area.

  12. Target Marketing • Target markets can also be identified by demographic characteristics, such as age, gender, marital status, family size, occupation, education, religion, and culture or ethnic background.

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