4. Sales promotion consists of short-term
incentives to encourage purchase or sale
of a product or service.
“
5. • consumer promotion (samples, coupons,
rebates, premiums, contests, demonstrations)
• trade promotion-buying allowances (free
goods, cooperative advertising, and push
money)
• sales force promotion(bonuses and contests)
It includes a variety of promotional tools designed
to stimulate earlier or stronger market response.
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14. • setting the objectives
• selecting the tools
• developing the best program
• pretesting and implementing the plan
• evaluating the results
Sales Promotion consists of
by-now-familiar steps:
34. • Contests, sweepstakes, and games. Give consumers a chance to
win something, such as cash or a trip.
• Corporate communications. This activity covers internal and
external communications and promotes understanding of an
organization.
• Counseling. Involves advising management about public issues and
company positions and image.
• Coupons. Certificates that offer buyers savings when they purchase
specified products.
• Lobbying. Dealing with legislators and government officials to
promote or defeat legislation and regulation.
• Patronage rewards. Cash or other awards for regular use ofa
company’s products or services.
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35. • Point of purchase (POP) promotions. Includes displays and
demonstrations that take place at the time of sale.
• Premiums. Goods offered either free or at low cost as an incentive to
buy a product.
• Press relations. Placing newsworthy information into the news
media to attract attention.
• Press release. Information released to the media about certain new
products or services.
• Product publicity. Various efforts to publicize specific products.
• Public relations. The process by which a positive image and
customer preference is created through third party endorsement.
• Sales promotion. Consists of short term incentives to encourage the
purchase or sale of a product or service.
• Samples. Offers of a trial amount of a product.
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36. SOURCE BY:
MARKETING FOR HOSPITALITY AND TOURISM,
FIFTH EDITION
BY PHILLIP KOTLER, JOHN BOWEN, AND JAMESMCKEN
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