Pertemuan Kesembilanbelas Promotion 1 Developing Promotion Strategy • Promotion strategy includes: – Deciding communication objectives – Deciding the role of the components that make up the promotion mix – Deciding the promotion budget – Deciding a strategy for each mix component 2 Communications Objectives • • • • Need recognition Gathering information Evaluation of alternatives Decision to purchase 3 Illustrative Promotion Objectives • Creating or increasing buyer’s awareness of a product or brand • Influencing buyer’s attitudes toward a company, brand or product • Achieving sales and market share increase for specific customer or prospect targets • Attracting new customers 4 Factors Affecting Promotion Strategy • • • • • • Number and dispersion of buyers Buyer’s information needs Size and importance of purchase Distribution Product complexity Post-purchase contact required 5 Creative Strategy • Considerations affecting the strategy selection: – The campaign is designed to maintain or to change market conditions – The campaign will communicate information or imagery and symbolism. 6 Conclusions • Promotion strategy is a vital part of the positioning strategy. • Management must decide on promotion budget and allocate it to the communications components. 7