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Promotion. Promotion. Persuasive communication used to inform people about products and services. The objectives of promotion are to inform, persuade, and remind. Promotional Mix. The combination of different types of promotion that a business uses to persuade customers to buy its products.
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Promotion • Persuasive communication used to inform people about products and services. • The objectives of promotion are to inform, persuade, and remind.
Promotional Mix • The combination of different types of promotion that a business uses to persuade customers to buy its products
Types of Promotion • Advertising • Personal Selling • Sales Promotion • Publicity • Direct Marketing • Direct Mail
1. Advertising Any paid form of non-personal presentation of ideas, goods, or services
2. Personal Selling • Planned, personalized communication to influence purchasing decisions.
3. Sales Promotion • All marketing devices other than personal selling, advertising and public relations, designed to stimulate purchasing and sales
4. Publicity • Placing newsworthy information about a company, product, or person in the media. • Publicity is free so the communication of information cannot always be controlled.
5. Direct Marketing • A type of advertising directed to a targeted group of prospects and customers rather than to a mass audience. • Two forms are direct mail and electronic mail. The goal is to generate sales or leads for sales representative to persuade.
6. Direct Mail • Includes catalogs, newsletters, coupons, samplers, circulars, and invitations to special events