promotion -business & management

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    PromotionCarmen Yan

    Ponti Saquicela

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    Whats promotion?

    Refers to the method of communicating messages

    to the market with the intention of sellingsomething.

    For example: sales promotion, branding, publicity,

    advertising campaign and so on.

    Its important especially for the early stage of the

    products life cycle, but its really expensive.

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    Objectives of promotion

    Inform

    Persuade

    Remind

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    Objectives of promotionExamples

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    Types of promotion

    Above-the-line (ATL)

    Below-the-line (BTL)

    Pull promotion

    Push promotion

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    Types of promotionExamples

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    Above the line

    promotionTelevision advertising

    Radio advertising

    Cinema

    Newspaper advertising

    Magazines

    Outdoor advertising

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    Above the line promotionExamples

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    Below the line

    promotionBrandingSlogan

    Logos

    Packaging

    Word-of-mouth promotion

    Direct marketing

    Direct mail

    Sales romotion

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    below the line promotionexamples

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    Below the line promotionExamples

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    Promotional mix

    A set of tools that a business can use to communicate

    effectively about their products and services.

    Considering the next acronym (AIDA):

    Attention- raise awareness of the product.

    Interest- keep customers interested.

    Desire- generate the feeling of desire of the product.

    Action- encourage customers to take action.

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    Alternative approach: FAB (Features, Advantagesand Benefits).

    Cost of promotional medium

    The nature of the product

    The products position in its life cycle

    Legislation

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    The science of arresting the human intelligence

    long enough to get money from it

    Examples: advertisements on television, radio,

    billboards, in-store displays, etc.

    Whatis said and howit is said, is important whentrying to stand out of competence.

    Advertising

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    Common advertising

    techniques.Bargain appeals

    Celebrity endorsement

    Comparative advertising

    Direct response advertising

    Feel good factor

    Guarantees

    Numerical or scientific claims

    Sex appeal

    Slogans

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    Types of advertisingExamples

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    Personal selling

    Relies on representative that help and persuade

    potential customers.

    Methods: face-to-face meetings, telemarketing,

    door-to-door sales.

    Advantage Disadvantage

    Sales person can tailored

    the customer needs and

    establish a long-term

    relationship

    Sales agents can be

    expensive to hire, because

    they are skilled in the

    knowledge of the product.

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    Personal sellingExample

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    Public relations (PR)

    Establishes and protects the desired image of an

    organization.

    They report events in a positive way and form a

    businesss point of view.

    Is a long-term and ongoing strategy.

    Heavily relied when a business has to face a crisis.

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    Sales promotion

    Short-term incentives to stimulate sales of product.

    Example: discount coupons, prize draws, free

    product sample and trade fairs.

    Get rid of excess or old products.

    Attracts new customers.

    Sales promotion can be very expensive.

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    Sales promotionexamples

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    Promotion and

    business strategyConsidered to be socially irresponsible.

    It creates jobs for people.

    Promotion leads to substantial increase of sales.

    High advertising elasticity of demand.

    Ambushes or catches the attention of customers

    through unusual or shocking techniques. It uses

    the Guerrilla marketing.

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    Guerrilla marketing

    Bag-vertising

    Bra-vertising

    Fancy dress

    Stickers

    Graffiti

    Buzz marketing

    Lavatories

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    Guerrilla marketingExamples

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    Unethical and socially irresponsiblepromotional techniques.

    Pester Power

    Confusion marketing

    Ambush marketing

    Infiltration marketing

    Pop-up advertisements

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    Unethical promotionExamples