1.6 - Marketing Mix: Promotion

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14 Terms

1

Promotion

- Communication component of the marketing mix

- Element of the marketing mix that aims to address concerns relating tot eh advertising aspect of any product or service

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2

Advertising

- Used to create awareness and deliver information to the target audience

Ex. Billboards, posters, tarpaulin, radio broadcasts

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3

Personal Selling

- Adopted by salespersons in managing personal customer relationships

- Advertising to all (general)

Ex. Political candidates visiting or going in-person to promote their run for their selected position

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4

Sales Promotions

- Differs from advertising because it offers sales and discount promotions

- Include media and non-media tactics used to increase the demand towards the products/services offered

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5

Public Relations and Sponsorships

- Sponsorship[s to gain publicity in various events

- Any form of publicity for the purpose of increasing awareness of any product/service

  • Pista sa Busko – businesses and companies sponsoring events to get their name in the public

  • Product placements in shows and movies to show their product (Coca-cola in American Idol)

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6

Direct Marketing

- Promote or market their products/services without any kind of intermediary

- Differs from personal selling as this is more specific and catered towards an individual or event

Ex. Online messages, emails

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7

Social Media Marketing

- utilizing social media platforms. Interactive and individuals can comment

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8

Content Marketing

- presented in various formats including blogs, online articles, forums, etc. Non-interactive and individuals can’t comment on articles

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9

Affiliate Marketing

- performance-based strategy where commission is generated to reward affiliates

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10

Email Marketing

- low-cost promotional strategy that aims to attain repeat customers

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11

Search Engine Optimization

- considers different kinds of search including image, news, and video search

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12

Pepsi Number Fever

- Number 349 was printed on over a hundred bottlecaps, leading to five deaths and hundreds injured during a protest

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13

Department of Trade and Industry (DTI)

- Agency regulating promotions

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14

Be Authentic

- The best way to promote yourself

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