PROMOTION Student Notes Written by: Krystin Glover Georgia CTAE Resource Network 2010 1 Promotion Communication by marketers that __________ , persuades, and reminds potential buyers of a product in order to __________an opinion or elicit a response. 2 Promotional Mix Combination of promotion tools used to reach the ________market and fulfill Advertising the organization’s Public Relations overall ________. Sales Promotion Personal Selling Word-of-Mouth 3 Advertising ______________, one-way mass communication about a product or organization that is _______ for by a marketer. 4 Advertising Media Traditional Advertising Media Television ________ Newspapers Magazines ________ Direct mail Billboards Electronic Advertising Media Internet ______________ Interactive video 5 Advertising Advantages Reach _________ number of people ______ cost per contact Disadvantages Total cost is ________ 6 Public Relations Public information about a company, good, or service appearing in the mass _______ as a news item, which is ________ to the company. 7 Public Relations Advantages Publicity is ________ advertising is not Can be used to create a positive ______within the community Viewed as being more credible or believable than _____________ Disadvantages Give up much of your ____________ of your message Not all publicity is ___________ 8 Sales Promotion Free ____________ ______________ Trade Shows Popular Tools for Consumer Sales Promotion Vacation Giveaways ________________ 9 Sales Promotion Advantages Unique and has special appeal to a potential ______________ Disadvantages Helps build customer _____________ Difficult to end without the customers becoming ________________ Store image and sales can suffer if the promotion is not properly planned and ________________ 10 Personal Selling _____________ presentation to one or more prospective buyers for the purpose of making a ___________. 11 Personal Selling Advantages Personal contact with ________________ Can track __________ Disadvantages On a per contact basis, personal selling is the most ___________ form of promotion 12 Characteristics of Advertising Advertising Communication Mode Indirect and non-personal Communication Control Feedback Amount Feedback Speed Delayed Message Flow Direction One-way Message Content Control Sponsor Identification Yes Reaching Large Audience Message Flexibility Same message to all audiences 13 Characteristics of Public Relations Public Relations Communication Mode Communication Control Usually indirect, non-personal Moderate to low Feedback Amount Feedback Speed Delayed Message Flow Direction One-way Message Content Control Sponsor Identification No Reaching Large Audience Message Flexibility Usually no direct control 14 Characteristics of Sales promotion Sales Promotion Communication Mode Communication Control Feedback Amount Usually indirect and non-personal Moderate to low Little to moderate Feedback Speed Message Flow Direction Message Content Control Mostly one-way Yes Sponsor Identification Reaching Large Audience Message Flexibility Fast Same message to varied target 15 Characteristics of Personal Selling Personal Selling Communication Mode Communication Control Direct and face-to-face High Feedback Amount Feedback Speed Message Flow Direction Immediate Two-way Message Content Control Sponsor Identification Yes Reaching Large Audience Message Flexibility Tailored to prospect 16 Goals and Tasks of Promotion Informing Reminding Persuading 17