Chapter 15 - The Marketing Mix - Promotion

Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 18

Chapter 15

The Marketing Mix: Promotion


The Role of Promotion
1. Gives the customer information about
🠶 Promotion: is where
the product.
marketing activities aim
to raise customer 2. The price and place of where the
awareness of a product or product is sold
brand, generating sales 3. Essential to create a brand image
and helping to create
brand loyalty. 4. Remind, Attract and Inform.
🠶 Advertisements: Above the line
promotion
🠶 Sales Promotion : Below the Line
promotion
The aims of Promotion
Types of Advertising
The Advertising Process

2. Decide the 3. Create an


1. Set Objectives Advertising Advertising
Budget Campaign

5. Evaluate the
4. Select the type
effectiveness of the
of media to use
campaign
Types of Advertising Media
Types of Advertising Media (Continued)
Revision Summary: Types of Advertising Media
Sales Promotion
🠶 Types of Sales Promotion
1.Price Reductions
2.Gifts
3.Buy one Get one Free (BOGOF)
4.Competitions
5.Point of sale displays and Demos
6.After sale services
7.Free samples
Advantages of Sale Promotion
1. Can promote sales in the year when they are traditionally low (off-
season purchases)
2. Encourages new customers to try an existing product
3. Encourages consumers to try a new product
4. Encourages existing customers to buy the product more often or in
higher quantities
5. Encourages customers to buy your product instead of a competing
brand
The importance of Marketing Budget

🠶 It specifies how much money is available


to market the product

🠶 Shows the Marketing department how


much they can spend

🠶 Will show what type of advertising media


is feasible for the business

🠶 The need for cost effectiveness


What type of Promotion should be used?

1.The stage of the product life cycle that has been


reached
2.The nature of the product itself
3.The cultural issues involved in International
Marketing
4.The nature of the target market
Social Networking (Pros and Cons)
Websites(E-commerce) Pros and Cons

You might also like