Promotion - melzamora

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Promotion

Promotion

• Used to communicate both factual information and persuasive messages to prospective buyers.

• Designed to increase visibility or sales of a product.

Elements of Promotion:

• Advertising

• Personal Selling

• Sales Promotion

• Public Relations

• Direct Marketing

• Promotion Mix Strategies

Advertising

• used to encourage or persuade an audience (market) to continue or take some new action.

• Most familiar forms are broadcasting and print media

Advertising

Types of Advertising:

1. Acc. to target audience

2. Acc. to what is being advertised

3. Acc. to the objective sought

Advertising…

Types of Advertising:

1. Acc. to target audience a) Consumer Advertising

directed and intended for domestic markets (e.g. individuals and families).

- to introduce / re-introduce, products

(household appliances, home electronic devices, clothes and others found in the household ) and services to families and private individuals for daily use.

Advertising…

Types of Advertising:

1. Acc. to target audience b) Business-to-Business Advertising

- directed toward other businesses

- may involve the promotion of products such as copier machines, or services such as human resources consulting or logistics, that are primarily designed for businesses.

Advertising…

Types of Advertising:

2. Acc. to target audience a) Product Advertising

- tries to sell a particular product. (e.g.

Direct-action and Indirect-action) b) Institutional Advertising

tries to develop goodwill for a company rather than to sell a specific product. (e.g. Customer service and

Public service)

Advertising…

Types of Advertising:

3. Acc. to target audience a) Primary-demand Advertising

- stimulate demand for generic category

(such as vitamins, milk, etc.) b) Selective-demand Advertising

stimulate demand for individual brands

(such as Centrum Multi-Vitamins, Bear

Brand Milk, etc.)

Personal Selling

• Delivery of a specially designed message to a prospect by a seller, in a form of face-toface communication, personal correspondence, or personal telephone conversation

Personal Selling…

• Example can be found in department stores on the perfume and cosmetic counters.

• A customer can get advice on how to apply the product and can try different products. Products with relatively high prices, or with complex features, are often sold using personal selling.

• Great examples include cars, office equipment (e.g. photocopiers) and many products that are sold by businesses to other industrial customers.

Sales Promotion

• Media and non-media marketing pressure

• Applied for a predetermined, limited period of time in order to stimulate trial, and increase demand, or improve product availability

Sales Promotion…

• Includes consumer tools such as samples, coupons, cash refund offers, prices off and free goods.

• A key ingredient in marketing campaigns

Sales Promotion…

Objectives:

• To consumers:

- obtain trial product

- introduce a new or improved product

- encourage repeat or greater usage by current users

- bring ,ore consumers into retail store

- increase the total number of users of an established product

Sales Promotion…

Objectives:

• To resellers:

- increase resellers

- obtain displays and support products

- improve product distribution

- obtain more and better self space

Sales Promotion…

Objectives:

• To sales persons:

- motivate the sales force

- educate the sales force about product improvement

- stabilize fluctuating sales pattern

Sales Promotion…

Trade Promotions (geared toward

Wholesalers and Retailers):

1. Trade Shows

2. Contests (or games)

3. Display equipment and point-ofpurchase materials

4. Cooperative Advertising and

Promotion

5. Allowances

Sales Promotion…

Consumer Promotions (aimed at ultimate consumers):

1. Product Sampling

2. Coupons

3. Rebates

4. Contests and Sweepstakes

Sales Promotion…

Consumer Promotions (aimed at ultimate consumers): cont.

5. Premiums

6. Multiple-purchase offers

7. Point-of-purchase materials

8. Product Placements

9. Sales promotion tie-ins

Public Relations

• The use of the news or business press to carry positive stories about your company or your products

• Cultivating good relationship with local press representatives

Public Relations…

Publicity:

 Is a special form of public relations that involves news stories about an organization or its products or services.

 Publicity is not paid

 Publicity in the form of news releases, press conferences, and photographs.

Public Relations…

Other Forms of Publicity:

• Appearances

- Such as in talk shows promoting their books, recordings, concerts, and movies.

• Event Sponsorship

- sponsoring events and activities in charitable institutions

Direct Marketing

• method by which advertisers approach potential customers directly with products or services.

• forms of direct marketing are telephone sales, solicited or unsolicited emails, catalogs, leaflets, brochures and coupons.

Direct Marketing…

Types of Direct Marketing:

• Telemarketing

- involves calling people at home or work to ask for donations, an opinion, or for sales purposes.

• Email Direct Marketing

- targets consumers through their

Email accounts.

Direct Mail Marketing

- advertising material sent directly to home and business addresses.

Promotion Mix Strategies

• final aspect of strategic planning used to determine how to reach chosen target markets with key messages.

Promotional strategies

•Push

•Pull

“ Understand that you need to sell you and your ideas in order to advance your career, gain more respect, and increase your success, influence and income.”

- Jay Abraham

Thank You!

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