SlideShare ist ein Scribd-Unternehmen logo
1 von 18
Promotion is persuasive communication with the
customers. It refers to raising customer awareness of
product or brand, generating sales, and creating brand
loyalty.
“Promotion is the element in an organization’s
marketing mix that serves to inform, persuade and
remind the market of a product and/or the organization
selling it, in hope of influencing the recipients feelings,
beliefs or behavior”.
William Staton
M
E
S
S
A
G
E
Sender Encoding Channel
Decodin
g
Receiver
Feedback
Noise
Fig: Marketing Communication Process
Promotional mix is the marketing strategies used by a
company to market and promote its product and
services. These strategies are broadly classified into
two parts.
Push Strategy
Pull Strategy
PUSH STRATEGY PULL STRATEGY
 A “push” promotional
strategy makes use of a
company's sales force and
trade promotion activities
to create consumer
demand for a product.
 The producer promotes
the product to
wholesalers, the
wholesalers promote it to
retailers, and the retailers
promote it to consumers.
 A “pull” selling strategy is
one that requires high
spending on advertising
and consumer promotion
to build up consumer
demand for a product.
 If the strategy is
successful, consumers will
ask their retailers for the
product, the retailers will
ask the wholesalers, and
the wholesalers will ask
the producers.
Push-Pull Strategy
Push-Pull Strategy
Free to share, print, make copies and changes. Get yours at www.boundless.com
Wikipedia. "Technology-Push Market-Pull." CC BY-SA http://en.wikipedia.org/wiki/File:Technology-Push_Market-Pull.png View on Boundless.com
Integrated Marketing Communication
Fig: components of promotion mix
a
Promotion
mix
Advertising
Public
Relations
Personal
Selling
Sales
Promotion
Any paid form of non-personal presentation of goods,
services or ideas for action, openly paid for by an
identified sponsor.
Four important decision to be made when
developing an advertisement program
 Setting advertisement objectives
 Setting advertisement budget
 Developing advertisement strategy
 Message decision
 Media decision
 Evaluating advertising campaigns
Advertisement
objective
•Informative
advertisement
•Persuasive
advertisement
•Reminder advertisement
Media decision
•Decide on reach,
frequency and impact
•Choosing among major
media types
•Select specific media
vehicles
•Decide media timing
Message decisions
•Message strategy
•Message execution
(lifestyle, musical,
personality symbol,
fantasy, etc)
Setting advertisement
budget
•Affordable budget
•Percent of sales
•Competitive parity
•Objective and task
 Personal selling is where businesses use people (the “sales force”)
to sell the product after meeting face-to-face with the customer.
 The sellers promote the product through their attitude,
appearance and specialist product knowledge. They aim to
inform and encourage the customer to buy, or at least trial the
product.
Kotler describes 6 roles for the sales force for personal selling
 Prospecting
 Communicating
 Selling
 Servicing
 Information gathering
 Allocating
 Flexibility
 Covers beyond target market
 One-on-one interaction/ face to face interaction
 It is a flexible tool
 It involves minimum wasted effort
 It results in actual sale
 It provides feedback
 It complements advertising
 It educates customers
 It assists the society
Relationship marketing is the process of identifying,
developing, maintaining, and terminating relational
exchanges with the purpose of enhancing performance.
Here are the main characteristics of relationship
marketing:
 It focuses on partners and customers rather than on the
company’s products.
 It puts more emphasis on customer retention and
growth than on customer acquisition.
 It relies on cross-functional teams rather than on
departmental-level work.
 It relies more on listening and learning than on talking.
Sales promotion refers to short term incentives to
encourage trial or purchase of a product. It is used to
create a stronger and quicker purchase response.
The characteristics of sales promotion are:-
Duration is neither too short nor too long
Provides “schemes”, “deals” or incentive to the buyers.
Aims at quicker results in terms of faster sales higher sales
volume.
The target audience can be consumers, trade channels, and
sales personnel.
To bring about a change in the demand pattern of
products and services.
To introduce new products or services.
To attract new customers.
To induce existing customers to buy more
Helps the firm to remain competitive.
To increase sales in off-seasons.
To add to the stock of the dealers.
Sales promotion methods
Consumer
Promotion
•Free Samples
•Coupons
•Rebates
•Premium/Gifts
•Price-off
•Contests/Prizes
•Display/
Demonstration
Trade
Promotion
•Free Goods
•Allowances
•Price-off
•Sales Contest
•Gift Items
•Credit Facilities
•Trade Show
Sales Force
Promotion
•Sales Contest
•Trade
Shows/Conven
tions
•Gift items
•Promotional
Kits
•Bonus and
Commision
Fig: methods of sales Promotion
Public relations are the practice of managing the spread
of information between an individual or an organization and
the public. Public relations may include an organization or
individual gaining exposure to their audiences using topics of
public interest and news items that do not require direct
payment.
NATURE:
1. Two- way communication
2. Assesses the attitudes of the public
3. Executes communication programs
4. PR aims to bring about harmonious and mutually
advantageous adjustments between an organization and the
community
o Attendance at public events
o Press releases
o Newsletters
o Blogging
o Social media marketing
The end

Weitere ähnliche Inhalte

Was ist angesagt?

Price Slides
Price SlidesPrice Slides
Price Slides
RobbieA
 
Marketing Mix - Place
Marketing Mix - PlaceMarketing Mix - Place
Marketing Mix - Place
tutor2u
 
Chp 7 customer driven marketing strategy creating value for target customer
Chp 7 customer driven marketing strategy creating value for target customerChp 7 customer driven marketing strategy creating value for target customer
Chp 7 customer driven marketing strategy creating value for target customer
Mohammed Razib
 
International Advertising
International AdvertisingInternational Advertising
International Advertising
Runa Lobo
 
Developing consumer products
Developing consumer productsDeveloping consumer products
Developing consumer products
carlonarbs
 

Was ist angesagt? (20)

Channels of distribution
Channels of distributionChannels of distribution
Channels of distribution
 
Price Slides
Price SlidesPrice Slides
Price Slides
 
Retail pricing
Retail pricingRetail pricing
Retail pricing
 
Factors in Setting Prices.pptx
Factors in Setting Prices.pptxFactors in Setting Prices.pptx
Factors in Setting Prices.pptx
 
Marketing Mix - Place
Marketing Mix - PlaceMarketing Mix - Place
Marketing Mix - Place
 
Pricing strategies - Marketing
Pricing strategies - MarketingPricing strategies - Marketing
Pricing strategies - Marketing
 
Designing and managing integrated marketing communication
Designing and managing integrated marketing communicationDesigning and managing integrated marketing communication
Designing and managing integrated marketing communication
 
Chp 7 customer driven marketing strategy creating value for target customer
Chp 7 customer driven marketing strategy creating value for target customerChp 7 customer driven marketing strategy creating value for target customer
Chp 7 customer driven marketing strategy creating value for target customer
 
Product, Services, and Branding Strategy
Product, Services, and Branding StrategyProduct, Services, and Branding Strategy
Product, Services, and Branding Strategy
 
MKT 547: Chapter 1 and 2
MKT 547: Chapter 1 and 2MKT 547: Chapter 1 and 2
MKT 547: Chapter 1 and 2
 
International Marketing Environment
International Marketing EnvironmentInternational Marketing Environment
International Marketing Environment
 
MARKETING MIX 4ps
MARKETING MIX 4psMARKETING MIX 4ps
MARKETING MIX 4ps
 
Competitive strategies
Competitive strategiesCompetitive strategies
Competitive strategies
 
How Technology Influences Marketing
How Technology Influences MarketingHow Technology Influences Marketing
How Technology Influences Marketing
 
International Advertising
International AdvertisingInternational Advertising
International Advertising
 
Channel of distribution
Channel of distributionChannel of distribution
Channel of distribution
 
Trends in online marketing
Trends in online marketing Trends in online marketing
Trends in online marketing
 
Retail Management
Retail ManagementRetail Management
Retail Management
 
Gender influence on Consumer Buying Behaviour
Gender influence on Consumer Buying BehaviourGender influence on Consumer Buying Behaviour
Gender influence on Consumer Buying Behaviour
 
Developing consumer products
Developing consumer productsDeveloping consumer products
Developing consumer products
 

Andere mochten auch

Marketing Chapter no 9
Marketing Chapter no 9Marketing Chapter no 9
Marketing Chapter no 9
Haroon Ahmed
 
Marketing Chapter no 8
Marketing Chapter no 8Marketing Chapter no 8
Marketing Chapter no 8
Haroon Ahmed
 
Marketing Chapter 08
Marketing Chapter 08Marketing Chapter 08
Marketing Chapter 08
WanBK Leo
 
Sales promotion ppt2 by Shumet Demeke. (AAUSC)
Sales promotion ppt2 by Shumet Demeke. (AAUSC)Sales promotion ppt2 by Shumet Demeke. (AAUSC)
Sales promotion ppt2 by Shumet Demeke. (AAUSC)
Shumet Demeke
 
Unit1 marketing mix promotion
Unit1 marketing mix promotionUnit1 marketing mix promotion
Unit1 marketing mix promotion
Subhajit Sanyal
 
Chapter 8-10 (Kotler Marketing Management)
Chapter 8-10 (Kotler Marketing Management)Chapter 8-10 (Kotler Marketing Management)
Chapter 8-10 (Kotler Marketing Management)
Arem Amoroso
 
Marketing Chapter no 7
Marketing Chapter no 7Marketing Chapter no 7
Marketing Chapter no 7
Haroon Ahmed
 
Advertising, sales promotion & public relation (principles of marketing)
Advertising, sales promotion & public relation (principles of marketing)Advertising, sales promotion & public relation (principles of marketing)
Advertising, sales promotion & public relation (principles of marketing)
Denni Domingo
 
Marketing management module 1 important questions of marketing mba 1st sem...
Marketing management module 1  important questions of marketing   mba 1st sem...Marketing management module 1  important questions of marketing   mba 1st sem...
Marketing management module 1 important questions of marketing mba 1st sem...
Babasab Patil
 

Andere mochten auch (20)

Chapter 8 product, service, and brands (building customer value)
Chapter 8   product, service, and brands (building customer value)Chapter 8   product, service, and brands (building customer value)
Chapter 8 product, service, and brands (building customer value)
 
Principles Of Marketing 1
Principles Of  Marketing 1Principles Of  Marketing 1
Principles Of Marketing 1
 
Sales promotion principles of marketing
Sales promotion principles of marketingSales promotion principles of marketing
Sales promotion principles of marketing
 
Marketing Chapter no 9
Marketing Chapter no 9Marketing Chapter no 9
Marketing Chapter no 9
 
Chapter 8 presentation
Chapter 8 presentationChapter 8 presentation
Chapter 8 presentation
 
Chapter #10
Chapter #10Chapter #10
Chapter #10
 
Chp 8-1
Chp 8-1Chp 8-1
Chp 8-1
 
Marketing Chapter no 8
Marketing Chapter no 8Marketing Chapter no 8
Marketing Chapter no 8
 
Stp chapter 7
Stp  chapter 7Stp  chapter 7
Stp chapter 7
 
Chapter #11
Chapter #11Chapter #11
Chapter #11
 
Principles of Marketing _ Chapter 2
Principles of Marketing _ Chapter 2Principles of Marketing _ Chapter 2
Principles of Marketing _ Chapter 2
 
Optimal Promotion Mix
Optimal Promotion MixOptimal Promotion Mix
Optimal Promotion Mix
 
Marketing Chapter 08
Marketing Chapter 08Marketing Chapter 08
Marketing Chapter 08
 
Sales promotion ppt2 by Shumet Demeke. (AAUSC)
Sales promotion ppt2 by Shumet Demeke. (AAUSC)Sales promotion ppt2 by Shumet Demeke. (AAUSC)
Sales promotion ppt2 by Shumet Demeke. (AAUSC)
 
Chapter 8
Chapter 8Chapter 8
Chapter 8
 
Unit1 marketing mix promotion
Unit1 marketing mix promotionUnit1 marketing mix promotion
Unit1 marketing mix promotion
 
Chapter 8-10 (Kotler Marketing Management)
Chapter 8-10 (Kotler Marketing Management)Chapter 8-10 (Kotler Marketing Management)
Chapter 8-10 (Kotler Marketing Management)
 
Marketing Chapter no 7
Marketing Chapter no 7Marketing Chapter no 7
Marketing Chapter no 7
 
Advertising, sales promotion & public relation (principles of marketing)
Advertising, sales promotion & public relation (principles of marketing)Advertising, sales promotion & public relation (principles of marketing)
Advertising, sales promotion & public relation (principles of marketing)
 
Marketing management module 1 important questions of marketing mba 1st sem...
Marketing management module 1  important questions of marketing   mba 1st sem...Marketing management module 1  important questions of marketing   mba 1st sem...
Marketing management module 1 important questions of marketing mba 1st sem...
 

Ähnlich wie Principles of marketing chapter-8 promotion (pu)

Ch14 introto business
Ch14 introto businessCh14 introto business
Ch14 introto business
Natalia
 
Sales Promotions
Sales PromotionsSales Promotions
Sales Promotions
prahladk
 
CHAPTER9.ppt
CHAPTER9.pptCHAPTER9.ppt
CHAPTER9.ppt
rakeshahire12
 
Cb12e basic ppt ch14
Cb12e basic ppt ch14Cb12e basic ppt ch14
Cb12e basic ppt ch14
Eric
 
Sales promotion1
Sales promotion1Sales promotion1
Sales promotion1
Akshismruti
 

Ähnlich wie Principles of marketing chapter-8 promotion (pu) (20)

Push & Pull Strategy international Markets
Push & Pull Strategy international MarketsPush & Pull Strategy international Markets
Push & Pull Strategy international Markets
 
Advertising & promotion
Advertising & promotion Advertising & promotion
Advertising & promotion
 
Promotion Mix (Sales Promotion and Personal Selling)
Promotion Mix (Sales Promotion and Personal Selling)Promotion Mix (Sales Promotion and Personal Selling)
Promotion Mix (Sales Promotion and Personal Selling)
 
Chapter One.pptx
Chapter One.pptxChapter One.pptx
Chapter One.pptx
 
Promotion Mix
Promotion MixPromotion Mix
Promotion Mix
 
Promotion mix
Promotion mixPromotion mix
Promotion mix
 
Promotion ans Pricing
Promotion ans PricingPromotion ans Pricing
Promotion ans Pricing
 
Sales promotion
Sales promotionSales promotion
Sales promotion
 
UNIT-9-MANAGING MASS AND PERSONAL COMMUNICATION.ppt
UNIT-9-MANAGING MASS AND PERSONAL COMMUNICATION.pptUNIT-9-MANAGING MASS AND PERSONAL COMMUNICATION.ppt
UNIT-9-MANAGING MASS AND PERSONAL COMMUNICATION.ppt
 
Promotion and Distribution.pdf
Promotion and Distribution.pdfPromotion and Distribution.pdf
Promotion and Distribution.pdf
 
IMC_All Chapter PPT.pptx
IMC_All Chapter PPT.pptxIMC_All Chapter PPT.pptx
IMC_All Chapter PPT.pptx
 
Ch14 introto business
Ch14 introto businessCh14 introto business
Ch14 introto business
 
Sales Promotions
Sales PromotionsSales Promotions
Sales Promotions
 
Promotion mix
Promotion mixPromotion mix
Promotion mix
 
CHAPTER9.ppt
CHAPTER9.pptCHAPTER9.ppt
CHAPTER9.ppt
 
Cb12e basic ppt ch14
Cb12e basic ppt ch14Cb12e basic ppt ch14
Cb12e basic ppt ch14
 
Promotion by manish badhiye
Promotion  by manish badhiyePromotion  by manish badhiye
Promotion by manish badhiye
 
Promotion and pricing strategies
Promotion and pricing strategiesPromotion and pricing strategies
Promotion and pricing strategies
 
Marketing communication strategy
Marketing communication strategyMarketing communication strategy
Marketing communication strategy
 
Sales promotion1
Sales promotion1Sales promotion1
Sales promotion1
 

Kürzlich hochgeladen

The 100x Factor Growth with AI - Susan Diaz
The 100x Factor  Growth with AI - Susan DiazThe 100x Factor  Growth with AI - Susan Diaz

Kürzlich hochgeladen (20)

BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 150 Noida Escorts >༒8448380779 Escort Service
 
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
 
Generative AI Content Creation - Andrew Jenkins
Generative AI Content Creation - Andrew JenkinsGenerative AI Content Creation - Andrew Jenkins
Generative AI Content Creation - Andrew Jenkins
 
Pillar-Based Marketing Master Class - Ryan Brock
Pillar-Based Marketing Master Class - Ryan BrockPillar-Based Marketing Master Class - Ryan Brock
Pillar-Based Marketing Master Class - Ryan Brock
 
Navigating the SEO of Tomorrow, Competitive Benchmarking, China as an e-Comme...
Navigating the SEO of Tomorrow, Competitive Benchmarking, China as an e-Comme...Navigating the SEO of Tomorrow, Competitive Benchmarking, China as an e-Comme...
Navigating the SEO of Tomorrow, Competitive Benchmarking, China as an e-Comme...
 
Unraveling the Mystery of The Circleville Letters.pptx
Unraveling the Mystery of The Circleville Letters.pptxUnraveling the Mystery of The Circleville Letters.pptx
Unraveling the Mystery of The Circleville Letters.pptx
 
W.H.Bender Quote 61 -Influential restaurant and food service industry network...
W.H.Bender Quote 61 -Influential restaurant and food service industry network...W.H.Bender Quote 61 -Influential restaurant and food service industry network...
W.H.Bender Quote 61 -Influential restaurant and food service industry network...
 
No Cookies No Problem - Steve Krull, Be Found Online
No Cookies No Problem - Steve Krull, Be Found OnlineNo Cookies No Problem - Steve Krull, Be Found Online
No Cookies No Problem - Steve Krull, Be Found Online
 
Campfire Stories - Matching Content to Audience Context - Ryan Brock
Campfire Stories - Matching Content to Audience Context - Ryan BrockCampfire Stories - Matching Content to Audience Context - Ryan Brock
Campfire Stories - Matching Content to Audience Context - Ryan Brock
 
A.I. and The Social Media Shift - Mohit Rajhans
A.I. and The Social Media Shift - Mohit RajhansA.I. and The Social Media Shift - Mohit Rajhans
A.I. and The Social Media Shift - Mohit Rajhans
 
The 100x Factor Growth with AI - Susan Diaz
The 100x Factor  Growth with AI - Susan DiazThe 100x Factor  Growth with AI - Susan Diaz
The 100x Factor Growth with AI - Susan Diaz
 
BDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort Service
 
SEO for Revenue, Grow Your Business, Not Just Your Rankings - Dale Bertrand
SEO for Revenue, Grow Your Business, Not Just Your Rankings - Dale BertrandSEO for Revenue, Grow Your Business, Not Just Your Rankings - Dale Bertrand
SEO for Revenue, Grow Your Business, Not Just Your Rankings - Dale Bertrand
 
Generative AI Master Class - Generative AI, Unleash Creative Opportunity - Pe...
Generative AI Master Class - Generative AI, Unleash Creative Opportunity - Pe...Generative AI Master Class - Generative AI, Unleash Creative Opportunity - Pe...
Generative AI Master Class - Generative AI, Unleash Creative Opportunity - Pe...
 
Creator Influencer Strategy Master Class - Corinne Rose Guirgis
Creator Influencer Strategy Master Class - Corinne Rose GuirgisCreator Influencer Strategy Master Class - Corinne Rose Guirgis
Creator Influencer Strategy Master Class - Corinne Rose Guirgis
 
Uncover Insightful User Journey Secrets Using GA4 Reports
Uncover Insightful User Journey Secrets Using GA4 ReportsUncover Insightful User Journey Secrets Using GA4 Reports
Uncover Insightful User Journey Secrets Using GA4 Reports
 
Kraft Mac and Cheese campaign presentation
Kraft Mac and Cheese campaign presentationKraft Mac and Cheese campaign presentation
Kraft Mac and Cheese campaign presentation
 
Foundation First - Why Your Website and Content Matters - David Pisarek
Foundation First - Why Your Website and Content Matters - David PisarekFoundation First - Why Your Website and Content Matters - David Pisarek
Foundation First - Why Your Website and Content Matters - David Pisarek
 
Cash payment girl 9257726604 Hand ✋ to Hand over girl
Cash payment girl 9257726604 Hand ✋ to Hand over girlCash payment girl 9257726604 Hand ✋ to Hand over girl
Cash payment girl 9257726604 Hand ✋ to Hand over girl
 
Digital-Marketing-Into-by-Zoraiz-Ahmad.pptx
Digital-Marketing-Into-by-Zoraiz-Ahmad.pptxDigital-Marketing-Into-by-Zoraiz-Ahmad.pptx
Digital-Marketing-Into-by-Zoraiz-Ahmad.pptx
 

Principles of marketing chapter-8 promotion (pu)

  • 1. Promotion is persuasive communication with the customers. It refers to raising customer awareness of product or brand, generating sales, and creating brand loyalty. “Promotion is the element in an organization’s marketing mix that serves to inform, persuade and remind the market of a product and/or the organization selling it, in hope of influencing the recipients feelings, beliefs or behavior”. William Staton
  • 3. Promotional mix is the marketing strategies used by a company to market and promote its product and services. These strategies are broadly classified into two parts. Push Strategy Pull Strategy
  • 4. PUSH STRATEGY PULL STRATEGY  A “push” promotional strategy makes use of a company's sales force and trade promotion activities to create consumer demand for a product.  The producer promotes the product to wholesalers, the wholesalers promote it to retailers, and the retailers promote it to consumers.  A “pull” selling strategy is one that requires high spending on advertising and consumer promotion to build up consumer demand for a product.  If the strategy is successful, consumers will ask their retailers for the product, the retailers will ask the wholesalers, and the wholesalers will ask the producers.
  • 5. Push-Pull Strategy Push-Pull Strategy Free to share, print, make copies and changes. Get yours at www.boundless.com Wikipedia. "Technology-Push Market-Pull." CC BY-SA http://en.wikipedia.org/wiki/File:Technology-Push_Market-Pull.png View on Boundless.com Integrated Marketing Communication
  • 6. Fig: components of promotion mix a Promotion mix Advertising Public Relations Personal Selling Sales Promotion
  • 7. Any paid form of non-personal presentation of goods, services or ideas for action, openly paid for by an identified sponsor. Four important decision to be made when developing an advertisement program  Setting advertisement objectives  Setting advertisement budget  Developing advertisement strategy  Message decision  Media decision  Evaluating advertising campaigns
  • 8. Advertisement objective •Informative advertisement •Persuasive advertisement •Reminder advertisement Media decision •Decide on reach, frequency and impact •Choosing among major media types •Select specific media vehicles •Decide media timing Message decisions •Message strategy •Message execution (lifestyle, musical, personality symbol, fantasy, etc) Setting advertisement budget •Affordable budget •Percent of sales •Competitive parity •Objective and task
  • 9.  Personal selling is where businesses use people (the “sales force”) to sell the product after meeting face-to-face with the customer.  The sellers promote the product through their attitude, appearance and specialist product knowledge. They aim to inform and encourage the customer to buy, or at least trial the product. Kotler describes 6 roles for the sales force for personal selling  Prospecting  Communicating  Selling  Servicing  Information gathering  Allocating
  • 10.  Flexibility  Covers beyond target market  One-on-one interaction/ face to face interaction
  • 11.  It is a flexible tool  It involves minimum wasted effort  It results in actual sale  It provides feedback  It complements advertising  It educates customers  It assists the society
  • 12. Relationship marketing is the process of identifying, developing, maintaining, and terminating relational exchanges with the purpose of enhancing performance. Here are the main characteristics of relationship marketing:  It focuses on partners and customers rather than on the company’s products.  It puts more emphasis on customer retention and growth than on customer acquisition.  It relies on cross-functional teams rather than on departmental-level work.  It relies more on listening and learning than on talking.
  • 13. Sales promotion refers to short term incentives to encourage trial or purchase of a product. It is used to create a stronger and quicker purchase response. The characteristics of sales promotion are:- Duration is neither too short nor too long Provides “schemes”, “deals” or incentive to the buyers. Aims at quicker results in terms of faster sales higher sales volume. The target audience can be consumers, trade channels, and sales personnel.
  • 14. To bring about a change in the demand pattern of products and services. To introduce new products or services. To attract new customers. To induce existing customers to buy more Helps the firm to remain competitive. To increase sales in off-seasons. To add to the stock of the dealers.
  • 15. Sales promotion methods Consumer Promotion •Free Samples •Coupons •Rebates •Premium/Gifts •Price-off •Contests/Prizes •Display/ Demonstration Trade Promotion •Free Goods •Allowances •Price-off •Sales Contest •Gift Items •Credit Facilities •Trade Show Sales Force Promotion •Sales Contest •Trade Shows/Conven tions •Gift items •Promotional Kits •Bonus and Commision Fig: methods of sales Promotion
  • 16. Public relations are the practice of managing the spread of information between an individual or an organization and the public. Public relations may include an organization or individual gaining exposure to their audiences using topics of public interest and news items that do not require direct payment. NATURE: 1. Two- way communication 2. Assesses the attitudes of the public 3. Executes communication programs 4. PR aims to bring about harmonious and mutually advantageous adjustments between an organization and the community
  • 17. o Attendance at public events o Press releases o Newsletters o Blogging o Social media marketing

Hinweis der Redaktion

  1. Promotion is one of the market mix elements or features, and a term used frequently in marketing. The marketing mix includes the four P’s : price, product, promotion, and place.
  2. PUBLIC RELATIONS Public relations are the practice of managing the spread of information between an individual or an organization and the public. Public relations may include an organization or individual gaining exposure to their audiences using topics of public interest and news items that do not require direct payment. The aim of public relations by a company often is to persuade the public, investors, partners, employees, and other stakeholders to maintain a certain point of view about it, its leadership, products, or of political decisions.