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promotion
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organic marketing
type of WOM marketing
occurs naturally when customers are satisfied w/ the business and tell others abt their satisfaction in normal conversation
shill marketing
employing ppl to pose as customers who are satisfied w/ a business’s products
considered unethical and sometimes illegal
mail-response list
lists developed by businesses by purchasing other businesses’ house lists
house list
developed from a company’s own database consisting of past and current customers
compiled list
list that company purchases from a seller who originally used the info for other purposes
institutional promotion
aims to create a certain image of the company for the customer
product promotion
aims to persuade customers to buy a particular good or service
primary product promotion
aims to stimulate demand or desire for an entire class of goods or services
secondary promotion
used to stimulate demand for a specific brand of a product
push marketing strategy
when producers promote their products to intermediaries who then promote to the consumers (pushing to intermediaries → consumer)
pull marketing strategies
producers promote their products directly to the ultimate consumer (pulls demand for products from bottom - ultimate consumer - up)
public relations
function of business designed to establish and maintain positive relationships between the business and its various publics
amplified word of mouth strategy
involves business asking others to help spread the word about its products
point of sale marketing
marketing that occurs at the location where products are being sold to the final consumer
free-standing insert
piece of paper w/ marketing materials (coupons) in a newspaper or magazine
sweepstakes
type of contest where prizes are awarded to winners
like giveaways
trade-in promotions
allow customers to trade in used products for cash or gift cards
specialty items
1) must have business’s name or logo
2) must be given away freely
3) should be useful item
remedy
a legal resolution, way to right a wrongdoing (cease-and-desist orders)
arbitration
neutral third party makes decisions about a contract dispute (an arbitrator comes in)
remand
sending a legal case back to the court so specific action can be taken
appropriation
legal action relating to invasion of privacy