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KKP 5B 7ps marketing mix-place and promotion
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Business
11th
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10 Terms
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1
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place
relates to how a business distributes its products to customers
2
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distribution channel
The chain process of how a product goes through to get from producer to consumer
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three distribution chains:
1. producers to wholesalers to retailer to consumer
2. producers to retailer to consumer
3. producers to consumers
4
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promotion
is the marketing communication used by a business to inform, promote and remind its target market about its products
5
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promotion methods:
public relations, personal selling, direct marketing, sales promotion and advertising
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promotion method: advertising
is creating a message to publicly promote a business products
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promotion method: sales promotion
is providing customers with short term incentives to promote a trial or use of a product
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promotion method: direct marketing
is selling products straight to the public
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promotion method: personal selling
personal selling involves a sales representatives meeting a customer in person and selling the business's product
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promotion method: public relations
communicating an intended message and building strong relationships with stakeholders