marketing a small business. show me the money prepare a description of the promotional activities...
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Marketing a Marketing a Small BusinessSmall Business
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Show me the MoneyShow me the Money
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•Prepare a description of the promotional activities
•Develop themes where appropriate
•Select appropriate elements in the promotional mix: Advertising, Personal Selling, Publicity, Sales Promotion
•Compute costs of promotional activity
•Schedule specific activities
•Create activities in detail
•Implement the activities
•Follow-up on effectiveness
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•Promotion: Communication activities that inform potential consumers about the existence of goods, services, or ideas which persuade them to buy
•Product promotion: Used to persuade consumers to buy a particular product or service
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•Institutional promotion: Used to create a certain image of the business in the eyes of the consumers•Promotional mix: The combination, or blend, or marketing communication channels that a business uses to send its messages to consumers•Media: Agencies, means, or instruments used to promote messages to the public. Examples: TV, magazines, newspaper
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•Advertising
•Personal selling
•Publicity
•Sales promotion