Promotion:
Business communication aimed at informing, persuading, or reminding customers.
The 5 Elements of the Promotional Mix:
Personal Selling – Direct contact; expensive but personal.
Advertising – Paid mass communication (TV, social media, print, etc.).
Direct Marketing – Personalized promotion (email, SMS, mail).
Sales Promotion – Short-term incentives (coupons, BOGO, contests).
Public Relations – Reputation management through earned media.
Why Use a Mix?
Different tools reach different people.
More effective than just one method.
Helps businesses achieve multiple goals.
Factors That Influence Promotional Choice:
Budget – Determines which tools are affordable.
Target Market – Determines which methods are most effective.
Product Type – Complex products may need personal selling; everyday items can use ads.
Timing – Seasons or events affect what tools are used.
Public Relations Breakdown:
Audience: Employees, customers, community, media.
Tools: Press releases, publicity (free media coverage).