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Promotion. Jules Ross MP15. Define promotion. Effective methods of advertising your product to the public. What does promotion do? Makes people aware of your product List two advantages for each Advertising-wide coverage & Control of message Personal selling-Interactivity & Adaptable
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Promotion Jules Ross MP15
Define promotion. Effective methods of advertising your product to the public. • What does promotion do? Makes people aware of your product • List two advantages for each • Advertising-wide coverage & Control of message • Personal selling-Interactivity & Adaptable • Sales promotion- Effective at achieving a quick boost to sales & Encourage customers to trail a product or switch brands • Merchandising-Maximizes sales & operate at the point of sale • Public relations-Achieve favourable publicity about the business & To communicate effectively with customers and other stakeholders • Sponsorship-Common in the worlds of art and sport & Sponsorship should benefit both sides. • Direct Marketing-Easy to test different marketing messages & Can personalize the marketing message.
What is branding? The adoption of values, images, awareness, recognition, quality, features, benefits and name for a product. • Why brand? Obtains legal protection for product features • List 5 products that have been branded so well that we interchange the brand with the product (eg. All mp3 players are called iPods whether they are made by apple or not.) -all chicken nuggets are called Mcnuggets -MP3s are called ipods -all sandwiches are called subs -
From the 7 types of advertising. Pick 3. Explain them and provide examples (pictures or videos) for each Informative: informs you on a product Persuasive: persuades to use their brandhttp://www.youtube.com/watch?v=2xZp-GLMMJ0 Competitive: Points out differential advantages List the 5 Ms of advertising. -Mission -Money -Message -Media -Measure
List 6 main advertising medias – provide 2 advantages & disadvantage for each
Find two good tv commercials on YouTube. Explain why they are good. http://www.youtube.com/watch?v=owGykVbfgUE – Old spice commercial. This commercial is good because is markets to all ages and genders. http://www.youtube.com/watch?v=KShkhIXdf1Y&NR=1&feature=fvwp- Viagra. This commercial is good because it shows how Viagra can benefit your average boring lifestyle.