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Integrated Marketing Communications Promotional Mix Advertising Personal Selling Sales Promotion Public Relations Direct Marketing
17

Promotion

Dec 14, 2015

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Page 1: Promotion

Integrated Marketing Communications

Promotional Mix Advertising Personal Selling Sales Promotion Public Relations Direct Marketing

Page 2: Promotion

What is PROMOTION?

Any form of communication a business or organization uses to inform, persuade, or remind people about its products.

Page 3: Promotion

What is PROMOTION?

Promotion keeps the product in the minds of the customers and helps stimulate demand for the product.

There are several tools/activities are often considered aspects of promotions

Page 4: Promotion

Objectives of PROMOTION?

Build AwarenessCreate InterestProvide InformationStimulate demandReinforce The Brands

Page 5: Promotion

The Promotional Mix is the specific blend of

advertising, public relations, personal selling, and sales

promotion tools that the company uses to persuasively

communicate customer value and build customer relationships

Sales promotionsSales promotionsAdvertisingAdvertising

Publicity/public relations

Publicity/public relations Personal sellingPersonal selling

Direct MarketingDirect Marketing

Page 6: Promotion

Factors Affecting the Promotional Mix

Nature of Product Nature of Product

Stage in PLCStage in PLC

Target Market FactorsTarget Market Factors

Type of Buying DecisionType of Buying Decision

Promotion FundsPromotion Funds

Push or Pull StrategyPush or Pull Strategy

Factors AffectingChoice of Promotional Mix

Factors AffectingChoice of Promotional Mix

Page 7: Promotion

Purpose of promotional mix

InformingInforming RemindingReminding

PersuadingPersuading

TargetAudienceTargetAudience

PLC Stages:Introduction Early Growth

PLC Stages:Growth Maturity

PLC Stages:Maturity

Page 8: Promotion

The Promotion Mix

Advertising is any paid form of non-personal presentation and promotion of ideas, goods, or services by an identified sponsor.

• Broadcast• Print• Internet• Outdoor

Page 9: Promotion

Sales promotion is the short-term incentives to encourage the purchase or sale of a product or service

• Discounts• Coupons• Displays• Demonstrations

The Promotion Mix

Page 10: Promotion

• Consumer-oriented

• [For end-users]

• Trade-oriented

• [For resellers]

Sales Promotion Tools

EventsEvents

Loyalty ProgramsLoyalty Programs

Bonus Packs Bonus Packs

Refunds/Rebates Refunds/Rebates

Contests/SweepstakesContests/Sweepstakes

PremiumsPremiums

SamplesSamples

CouponsCoupons

CoopAdvertisingCoopAdvertising

TradeShowsTradeShows

TrainingProgramsTrainingPrograms

POP DisplaysPOP Displays

TradeAllowances

Page 11: Promotion

Introduce new productsIntroduce new products

Get existing customers to buy more

Get existing customers to buy more

Attract new customers

Attract new customers

Maintain sales in off season

Maintain sales in off season

Increase retail inventories

Increase retail inventories

Tie in advertising & personal sellingTie in advertising & personal selling

Enhance personal selling

Enhance personal selling

Combat competition

Combat competition

Introduce new productsIntroduce new products

Get existing customers to buy more

Get existing customers to buy more

Attract new customers

Attract new customers

Maintain sales in off season

Maintain sales in off season

Increase retail inventories

Increase retail inventories

Tie in advertising & personal sellingTie in advertising & personal selling

Enhance personal selling

Enhance personal selling

Various Uses of Sales Promotion

SalesPromotionSalesPromotion

Page 12: Promotion

The Promotion MixPublic relations involves building good

relations with the company’s various publics by obtaining favorable publicity, building up a good corporate image, and handling or heading off unfavorable rumors, stories, and events

• Press releases• Sponsorships• Special events• Web pages

Page 13: Promotion

The Promotion Mix

Personal selling is the personal presentation by the firm’s sales force for the purpose of making sales and building customer relationships

• Sales presentations• Trade shows• Incentive programs

Page 14: Promotion

The Promotion Mix

Direct marketing involves making direct connections with carefully targeted individual consumers to both obtain an immediate response and cultivate lasting customer relationships —through the use of direct mail, telephone, direct-response television, e-mail, and the Internet to communicate directly with specific consumers. (Call-to-Action)

• Catalogue• Telemarketing• Kiosks

Page 15: Promotion

DirectResponseAdvertising

DirectResponseAdvertising

DirectResponseAdvertising

DirectResponseAdvertising

DirectMailDirectMail

CatalogsCatalogs

TelemarketingTelemarketing

InternetSalesInternetSales

ShoppingChannelsShoppingChannels

DirectMailDirectMail

TelemarketingTelemarketing

CatalogsCatalogs

ShoppingChannelsShoppingChannels

Direct Marketing is Part of IMC

DirectMarketingDirectMarketing

Page 16: Promotion

Integrated Marketing Communications

Integrated marketing communications is the integration

by the company of its communication channels to deliver a clear, consistent, and compelling message about the organization

and its brands

Page 17: Promotion

• Consumers are better informed• More communication• Less mass marketing• Changing communications

technology

The Need for Integrated Marketing

Communications