Promotion

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Last updated 10:50 AM on 3/10/25
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12 Terms

1
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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.

2
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  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

3
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  1. Advertising

  2. personal Selling

  3. Sales Promotions

  4. Public relations and Sponsorship

  5. Direct Marketing

5 Main Components of Promotional Mix

4
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Advertising

  • 5 Main Components of Promotional Mix

  • this

    promotional method is used to

    create awareness and deliver

    information to the target

    audience.

5
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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.

6
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Public Relations and

Sponsorships

  • 5 Main Components of Promotional Mix

  • any

    form of publicity for the

    purpose of increasing

    awareness of any

    product/service.

7
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Direct Marketing

  • 5 Main Components of Promotional Mix

  • allows the business to

    promote or market their

    product/service without any

    kind of intermediary.

8
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Social Media

Marketing

  • 5 Digital Marketing Strategies

  • utilizing social

    media platforms

9
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Content Marketing

  • 5 Digital Marketing Strategies

  • can be presented in

    various formats

    including blogs, online

    articles, forums, etc.

10
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Affiliate Marketing

  • 5 Digital Marketing Strategies

  • performance-based

    strategy where

    commission is

    generated to reward

    affiliates

11
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Email Marketing

  • 5 Digital Marketing Strategies

  • low-cost promotional

    strategy that aims to

    attain repeat

    customers.

12
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Search Engine Optimization

(SEO)

  • 5 Digital Marketing Strategies

  • considers different kind

    of search including image search,

    news search, and video search.