Marketing - Promotion

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Last updated 7:14 PM on 11/5/24
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17 Terms

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Promotion

Marketing communication designed to influence consumer purchase decisions through information, persuasion, and reminders.

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Integrated marketing communication

The coordination of marketing messages through every promotional vehicle to communicate a unified impression about a product.

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Positioning statement

A brief statement that articulates how the marketer would like the target market to envision a product relative to the competition.

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Promotional channels

Specific marketing communication vehicles, including traditional tools and newer tools, used to promote products.

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Product placement

The paid integration of branded products into movies, television, and other media.

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Advergaming

Video games created as a marketing tool, usually with brand awareness as the core goal.

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Buzz marketing

The active stimulation of word-of-mouth via unconventional and often relatively low-cost tactics. Other terms for buzz marketing are “guerilla marketing” and “viral marketing”.

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Sponsorship

A deep association between a marketer and a partner involving promotion of the sponsor in exchange for payment or goods.

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Advertising

Paid, nonpersonal communication, designed to influence a target audience regarding a product, service, organization, or idea.

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Sales promotion

Marketing activities designed to stimulate immediate sales activity through specific short-term programs.

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Consumer promotion

Marketing activities designed to generate immediate consumer sales using tools such as premiums, samples, coupons, and rebates.

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Trade promotion

Marketing activities designed to stimulate wholesalers and retailers to push specific products more aggressively.

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Public Relations (PR)

The ongoing effort to create positive relationships with all of a firm’s different publics.

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Publicity

Unpaid stories in the media that influence perceptions about a company or its products.

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Personal selling

The person-to-person presentation of products to potential buyers.

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Push strategy

A marketing approach that involves motivating distributors to heavily promote - or “push” - a product to the final consumers, usually through heavy trade promotion and personal selling.

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Pull strategy

A marketing approach that involves creating demand from the ultimate consumer to pull products through distribution channels.