Promotion

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Promotion

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  • is the communication component of the marketing mix.

  • is an element of the marketing mix that aims to address concerns relating

  • to the advertising aspect of any product or service.

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  1. To create brand or product awareness

  2. to generate demand

  3. to differentiate a product form its competitors

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3 fundamental objectives of creating a promotional plan

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12 Terms

1

Promotion

  • is the communication component of the marketing mix.

  • is an element of the marketing mix that aims to address concerns relating

  • to the advertising aspect of any product or service.

New cards
2
  1. To create brand or product awareness

  2. to generate demand

  3. to differentiate a product form its competitors

3 fundamental objectives of creating a promotional plan

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3
  1. Advertising

  2. personal Selling

  3. Sales Promotions

  4. Public relations and Sponsorship

  5. Direct Marketing

5 Main Components of Promotional Mix

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4

Advertising

  • 5 Main Components of Promotional Mix

  • this

    promotional method is used to

    create awareness and deliver

    information to the target

    audience.

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5

Sales Promotions

  • 5 Main Components of Promotional Mix

  • include

    both media and non-media

    tactics used to increase the

    demand towards the products

    and/or services offered.

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6

Public Relations and

Sponsorships

  • 5 Main Components of Promotional Mix

  • any

    form of publicity for the

    purpose of increasing

    awareness of any

    product/service.

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7

Direct Marketing

  • 5 Main Components of Promotional Mix

  • allows the business to

    promote or market their

    product/service without any

    kind of intermediary.

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8

Social Media

Marketing

  • 5 Digital Marketing Strategies

  • utilizing social

    media platforms

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9

Content Marketing

  • 5 Digital Marketing Strategies

  • can be presented in

    various formats

    including blogs, online

    articles, forums, etc.

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10

Affiliate Marketing

  • 5 Digital Marketing Strategies

  • performance-based

    strategy where

    commission is

    generated to reward

    affiliates

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11

Email Marketing

  • 5 Digital Marketing Strategies

  • low-cost promotional

    strategy that aims to

    attain repeat

    customers.

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12

Search Engine Optimization

(SEO)

  • 5 Digital Marketing Strategies

  • considers different kind

    of search including image search,

    news search, and video search.

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