This document discusses various aspects of promotion mix used in marketing. It defines promotion as communicating with customers to inform, persuade and remind them about products and services. The promotion mix includes advertising, sales promotion, public relations, personal selling and direct marketing. It also outlines factors that influence the promotion mix like objectives, budget, market nature and product life cycle. Finally, it provides details on specific promotional tools like advertising, public relations, publicity and personal selling.
Promotion-Meaning and Significance and types, Advertising, personal selling, Public Relations & sales promotion, Factors affecting promotion mix decisions. Channels of Distribution –Definition and importance, Factors affecting channels, Types of marketing channels Factors affecting choice of distribution channel, Wholesaling and retailing; Types of Retailers
What is pricing and promotion strategies?
Promotional pricing strategy aims towards increasing brand awareness and attracting customers by offering massive discounts and deals. The market strategy creates a perception of time-based scarcity in the minds of the consumer
Role of Integrated Marketing Communication; Process of Marketing Communication; Definition and
Scope of Advertising Management; Determination of Target Audience, Advertising and Consumer
Behavior; Setting Advertising Objectives, DAGMAR; Determining Advertising Budgets; Advertising
Strategy and Planning, Creative Strategy Development and Implementation
The digital marketing industry is changing faster than ever and those who don’t adapt with the times are losing market share. Where should marketers be focusing their efforts? What strategies are the experts seeing get the best results? Get up-to-speed with the latest industry insights, trends and predictions for the future in this panel discussion with some leading digital marketing experts.
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User JourneysSearch Engine Journal
Digital platforms are constantly multiplying, and with that, user engagement is becoming more intricate and fragmented.
So how do you effectively navigate distributing and tailoring your content across these various touchpoints?
Watch this webinar as we dive into the evolving landscape of content strategy tailored for today's fragmented user journeys. Understanding how to deliver your content to your users is more crucial than ever, and we’ll provide actionable tips for navigating these intricate challenges.
You’ll learn:
- How today’s users engage with content across various channels and devices.
- The latest methodologies for identifying and addressing content gaps to keep your content strategy proactive and relevant.
- What digital shelf space is and how your content strategy needs to pivot.
With Wayne Cichanski, we’ll explore innovative strategies to map out and meet the diverse needs of your audience, ensuring every piece of content resonates and connects, regardless of where or how it is consumed.
Promotion-Meaning and Significance and types, Advertising, personal selling, Public Relations & sales promotion, Factors affecting promotion mix decisions. Channels of Distribution –Definition and importance, Factors affecting channels, Types of marketing channels Factors affecting choice of distribution channel, Wholesaling and retailing; Types of Retailers
What is pricing and promotion strategies?
Promotional pricing strategy aims towards increasing brand awareness and attracting customers by offering massive discounts and deals. The market strategy creates a perception of time-based scarcity in the minds of the consumer
Role of Integrated Marketing Communication; Process of Marketing Communication; Definition and
Scope of Advertising Management; Determination of Target Audience, Advertising and Consumer
Behavior; Setting Advertising Objectives, DAGMAR; Determining Advertising Budgets; Advertising
Strategy and Planning, Creative Strategy Development and Implementation
The digital marketing industry is changing faster than ever and those who don’t adapt with the times are losing market share. Where should marketers be focusing their efforts? What strategies are the experts seeing get the best results? Get up-to-speed with the latest industry insights, trends and predictions for the future in this panel discussion with some leading digital marketing experts.
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User JourneysSearch Engine Journal
Digital platforms are constantly multiplying, and with that, user engagement is becoming more intricate and fragmented.
So how do you effectively navigate distributing and tailoring your content across these various touchpoints?
Watch this webinar as we dive into the evolving landscape of content strategy tailored for today's fragmented user journeys. Understanding how to deliver your content to your users is more crucial than ever, and we’ll provide actionable tips for navigating these intricate challenges.
You’ll learn:
- How today’s users engage with content across various channels and devices.
- The latest methodologies for identifying and addressing content gaps to keep your content strategy proactive and relevant.
- What digital shelf space is and how your content strategy needs to pivot.
With Wayne Cichanski, we’ll explore innovative strategies to map out and meet the diverse needs of your audience, ensuring every piece of content resonates and connects, regardless of where or how it is consumed.
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...Valters Lauzums
E-commerce in 2024 is characterized by a dynamic blend of opportunities and significant challenges. Supply chain disruptions and inventory shortages are critical issues, leading to increased shipping delays and rising costs, which impact timely delivery and squeeze profit margins. Efficient logistics management is essential, yet it is often hampered by these external factors. Payment processing, while needing to ensure security and user convenience, grapples with preventing fraud and integrating diverse payment methods, adding another layer of complexity. Furthermore, fulfillment operations require a streamlined approach to handle volume spikes and maintain accuracy in order picking, packing, and shipping, all while meeting customers' heightened expectations for faster delivery times.
Amid these operational challenges, customer data has emerged as an important strategy. By focusing on personalization and enhancing customer experience from historical behavior, businesses can deliver improved website and brand experienced, better product recommendations, optimal promotions, and content to meet individual preferences. Better data analytics can also help in effectively creating marketing campaigns, improving customer retention, and driving product development and inventory management.
Innovative formats such as social commerce and live shopping are beginning to impact the digital commerce landscape, offering new ways to engage with customers and drive sales, and may provide opportunity for brands that have been priced out or seen a downturn with post-pandemic shopping behavior. Social commerce integrates shopping experiences directly into social media platforms, tapping into the massive user bases of these networks to increase reach and engagement. Live shopping, on the other hand, combines entertainment and real-time interaction, providing a dynamic platform for showcasing products and encouraging immediate purchases. These innovations not only enhance customer engagement but also provide valuable data for businesses to refine their strategies and deliver superior shopping experiences.
The e-commerce sector is evolving rapidly, and businesses that effectively manage operational challenges and implement innovative strategies are best positioned for long-term success.
Mastering Local SEO for Service Businesses in the AI Era is tailored specifically for local service providers like plumbers, dentists, and others seeking to dominate their local search landscape. This session delves into leveraging AI advancements to enhance your online visibility and search rankings through the Content Factory model, designed for creating high-impact, SEO-driven content. Discover the Dollar-a-Day advertising strategy, a cost-effective approach to boost your local SEO efforts and attract more customers with minimal investment. Gain practical insights on optimizing your online presence to meet the specific needs of local service seekers, ensuring your business not only appears but stands out in local searches. This concise, action-oriented workshop is your roadmap to navigating the complexities of digital marketing in the AI age, driving more leads, conversions, and ultimately, success for your local service business.
Key Takeaways:
Embrace AI for Local SEO: Learn to harness the power of AI technologies to optimize your website and content for local search. Understand the pivotal role AI plays in analyzing search trends and consumer behavior, enabling you to tailor your SEO strategies to meet the specific demands of your target local audience. Leverage the Content Factory Model: Discover the step-by-step process of creating SEO-optimized content at scale. This approach ensures a steady stream of high-quality content that engages local customers and boosts your search rankings. Get an action guide on implementing this model, complete with templates and scheduling strategies to maintain a consistent online presence. Maximize ROI with Dollar-a-Day Advertising: Dive into the cost-effective Dollar-a-Day advertising strategy that amplifies your visibility in local searches without breaking the bank. Learn how to strategically allocate your budget across platforms to target potential local customers effectively. The session includes an action guide on setting up, monitoring, and optimizing your ad campaigns to ensure maximum impact with minimal investment.
Unleash the power of UK SEO with Brand Highlighters! Our guide delves into the unique search landscape of Britain, equipping you with targeted strategies to dominate UK search engine results. Discover local SEO tactics, keyword magic for UK audiences, and mobile optimization secrets. Get your website seen by the right people and propel your brand to the top of UK searches.
To learn more: https://brandhighlighters.co.uk/blog/top-seo-agencies-uk/
Monthly Social Media News Update May 2024Andy Lambert
TL;DR. These are the three themes that stood out to us over the course of last month.
1️⃣ Social media is becoming increasingly significant for brand discovery. Marketers are now understanding the impact of social and budgets are shifting accordingly.
2️⃣ Instagram’s new algorithm and latest guidance will help us maintain organic growth. Instagram continues to evolve, but Reels remains the most crucial tool for growth.
3️⃣ Collaboration will help us unlock growth. Who we work with will define how fast we grow. Meta continues to evolve their Creator Marketplace and now TikTok are beginning to push ‘collabs’ more too.
SMM Cheap - No. 1 SMM panel in the worldsmmpanel567
Boost your social media marketing with our SMM Panel services offering SMM Cheap services! Get cost-effective services for your business and increase followers, likes, and engagement across all social media platforms. Get affordable services perfect for businesses and influencers looking to increase their social proof. See how cheap SMM strategies can help improve your social media presence and be a pro at the social media game.
When most people in the industry talk about online or digital reputation management, what they're really saying is Google search and PPC. And it's usually reactive, left dealing with the aftermath of negative information published somewhere online. That's outdated. It leaves executives, organizations and other high-profile individuals at a high risk of a digital reputation attack that spans channels and tactics. But the tools needed to safeguard against an attack are more cybersecurity-oriented than most marketing and communications professionals can manage. Business leaders Leaders grasp the importance; 83% of executives place reputation in their top five areas of risk, yet only 23% are confident in their ability to address it. To succeed in 2024 and beyond, you need to turn online reputation on its axis and think like an attacker.
Key Takeaways:
- New framework for examining and safeguarding an online reputation
- Tools and techniques to keep you a step ahead
- Practical examples that demonstrate when to act, how to act and how to recover
For too many years marketing and sales have operated in silos...while in some forward thinking companies, the two organizations work together to drive new opportunity development and revenue. This session will explore the lessons learned in that beautiful dance that can occur when marketing and sales work together...to drive new opportunity development, account expansion and customer satisfaction.
No, this is not a conversation about MQLs and SQLs. Instead we will focus on a framework that allows the two organizations to drive company success together.
Core Web Vitals SEO Workshop - improve your performance [pdf]Peter Mead
Core Web Vitals to improve your website performance for better SEO results with CWV.
CWV Topics include:
- Understanding the latest Core Web Vitals including the significance of LCP, INP and CLS + their impact on SEO
- Optimisation techniques from our experts on how to improve your CWV on platforms like WordPress and WP Engine
- The impact of user experience and SEO
How to Run Landing Page Tests On and Off Paid Social PlatformsVWO
Join us for an exclusive webinar featuring Mariate, Alexandra and Nima where we will unveil a comprehensive blueprint for crafting a successful paid media strategy focused on landing page testing.With escalating costs in paid advertising, understanding how to maximize each visitor’s experience is crucial for retention and conversion.
This session will dive into the methodologies for executing and analyzing landing page tests within paid social channels, offering a blend of theoretical knowledge and practical insights.
The Pearmill team will guide you through the nuances of setting up and managing landing page experiments on paid social platforms. You will learn about the critical rules to follow, the structure of effective tests, optimal conversion duration and budget allocation.
The session will also cover data analysis techniques and criteria for graduating landing pages.
In the second part of the webinar, Pearmill will explore the use of A/B testing platforms. Discover common pitfalls to avoid in A/B testing and gain insights into analyzing A/B tests results effectively.
Search Engine Marketing - Competitor and Keyword researchETMARK ACADEMY
Over 2 Trillion searches are made per day in Google search, which means there are more than 2 Trillion visits happening across the websites of the world wide web.
People search various questions, phrases or words. But some words and phrases are searched
more often than others.
For example, the words, ‘running shoes’ are searched more often than ‘best road running
shoes for men’
These words or phrases which people use to search on Google are called Keywords.
Some keywords are searched more often than others. Number of times a keyword is searched
for in a month is called keyword volume.
Some keywords have more relevant results than others. For the phrase “running shoes” we
get more than 80M relevant results, whereas for “best road running shoes for men” we get
only 8.
The former keyword ‘running shoes’ has way more competition from popular websites to
new and small blogs, whereas the latter keyword doesn’t have that much competition. This
search competition for a keyword is called search difficulty of a keyword or keyword
difficulty.
In other words, if the keyword difficulty is ‘low’ or ‘easy’, there won’t be any competition
and if you target such keywords on your site, you can easily rank on the front page of Google.
Some keywords are searched for, just to know or to learn some information about something,
that’s their search intention. For example, “What shoe size should I choose?” or “How to pick
the right shoe size?”
These keywords which are searched just to know about stuff are called informational
keywords. Typically people who are searching this type of keywords are top of a Conversion
funnel.
Conversion funnel is the journey that search visitors go through on their way to an email
subscription or a premium subscription to the services you offer or a purchase of products
you sell or recommend using your referral link.
For some buyers, research is the most important part when they have to buy a product.
Depending on that, their journey either widens or narrows down. These types of buyers are
Researchers and they spend more time with informational keywords.
Conversion is the action you want from your search visitors. Number of conversions that you
get for every 100 search visitors is called Conversion rate.
People who are at different stages of a conversion funnel use different types of keywords.
In this presentation, Danny Leibrandt explains the impact of AI on SEO and what Google has been doing about it. Learn how to take your SEO game to the next level and win over Google with his new strategy anyone can use. Get actionable steps to rank your name, your business, and your clients on Google - the right way.
Key Takeaways:
1. Real content is king
2. Find ways to show EEAT
3. Repurpose across all platforms
2. MEANING
• PROMTION IS THE COMPONENTN OR ELEMENT OF MARKETING MIX THAT IS
ASSOCIATED WITH INFORMING, PERSUADING AND REMINDING THE MARKET
ABOUT THE PRODUCT AND OFFERS, PRICE, AND AVAILABILITY WHICH
DIRECTLY OR INDIRECTLY AFFECT THE CONSUMER BEHAVIOR AND
ORGANIZATIONAL SALES.
• According to Philip Kotler :- “Promotion includes all the activities the company
undertakes to communicate and promote its products to the target market”.
3. PROMOTION MIX
• A COMPANY’S TOTAL MARKETING COMMUNICATION MIX – ALSO CALLED AS PROMOTION MIX
CONSISTS OF THE SPECIFIC BLEND OF ADVERTISING, SALE PROMOTION, PUBLIC RELATION,
PERSONAL SELLING, AND DIRECT MAKETING TOOL THAT THE COMPANY USES TO PURSUE ITS
ADVERTISING AND MAKETING OBJECTIVES.
i. ADVERTISING:- ANY PAID FORM OF NON-PERSONAL PRESENTATION AND PROMOTION OF IDEAS,
GOODS OR SERVICES BY AND IDENTIFIED SPONSER.
ii. SALESPROMOTION:- SHORT TERM IN INCENTIVES TO ENCOURAGE THE PURCHASE OR SALE OF A
PRODUCT OR SERVICE.
iii. PUBLICRELATIONS:- BUILDING GOOD RELATIONS WITH THE COMPANY’S VARIOUS PUBLICS BY
OBTAINIG FAVORABLE PUBLICITY, BUIDING UP A GOOD COPORATE IMAGE AND HANDLING OR
HEADING OFF UNFAVORABLE RUMORS, STORIES AND EVENTS.
iv. PERSONALSELLING:- PERSONAL PRESENTATION BY THE FIRM’S SALES FORCE FOR THE PURPOSE OF
MAKING SALES AND BUILDING CUSTOMER RELATIONSHIPS.
v. DIRECTMARKETING:- DIRECT CONNECTIONS WITH CAREFULLY TARGETED INDIVIDUAL CONSUMERS
TO OBTAIN AN IMMEDIATE RESPONSE AND CULTIVATE LASTING CUSTOMER RELATIONSHIPS
5. PROMTIONOBJECTIVE
• FOR CLEAR INFORMATION OBJECTIVE –ADVERTISEMENT AND
PROPAGATION
• FOR ASSURANCE OBJECTIVE –PERSONAL SELLING AND
ADVERTISMENT
• FOR ORDER/DEMAND OBJECTIVE –ADVERTISMENTS
NATUREOF MARKET
• SMALL MARKET –ONE WAY METHOD/PERSONAL SELLING
• BIG MARKET –MORE THAN ONE MEDIUM
• CONSUMER MARKET –ADVERTISEMENT AND SALES PROMOTION
6. NATUREOF PRODUCT
• FOR CONSUMER GOODS –ADVERTISEMENT
• FOR INDUSTRIAL GOODS –PERSONAL SELLING
• FOR LOW PRICED GOODS –ADVERTISEMENT AND LOCAL
PROMOTIONAL
• FOR HIGH PRICED GOODS –PERSONAL SELLING AND LOCAL
ADVERTISEMENT
• FOR SPECIAL GOODS –PERSONAL SELLING AND PROPAGATION
PRODUCTLIFECYCLE
• @INTRODUCTION STAGE –ADVERTISEMENT AND PROPAGATION
7. TYPES OF PROMOTIONAL TOOLS
1. Advertisement
2. Public relation
3. Publicity
4. Personal Selling
9. ADVERTISEMENT
ADVERTISING IS NOTHING BUT A ANY PAID FORM OF NON-PERSONAL
PRESENTATION AND PROMOTION OF IDEAS, GOODS OR SERVICES BY AN
IDENTIFIED SPONSOR WITH A VIEW TO DISSEMINATE INFORMATION
CONCERNING AN IDEA, PRODUCT OR SERVICE.
THIS IS A POWERFUL ELEMENT OF THE PROMOTION MIX. ESSENTIALLY
ADVERTISING MEANS SPREADING OF INFORMATION ABOUT THE
CHARACTERISTICS OF THE PRODUCT TO THE PROSPECTIVE CUSTOMERS WITH A
VIEW TO SELL THE PRODUCT OR INCREASE THE SALES VOLUME.
10. THEMAINFEATURESOF ADVERTISEAREASUNDER:
IT IS DIRECTED TOWARDS INCREASING THE SALES OF BUSINESS.
ADVERTISING IS A PAID FORM OF PUBLICITY
IT IS NON-PERSONAL. THEY ARE DIRECTED AT A MASS AUDIENCE
AND NOR AT THE INDIVIDUAL AS IS IN THE CASE OF PERSONAL
SELLING.
ADVERTISEMENT ARE IDENTIFIABLE WITH THEIR SPONSOR OF
ORIGINATOR WHICH IS NOT ALWAYS THE CASE WITH PUBLICITY OR
PROPAGANDA.
11. PUBLICRELATIONS
• Public Relations are the management function that identifies, establishes and
maintains mutually beneficial relationships between an organization and the
various publics on whom its success or failure depend.
12. PUBLICRELATIONSCHARACTERISTICS
• It is dynamic : It is one of continuous and constant changes which requires
adjustment in order to maintain existing relationships and building new ones.
• It is analytical : This deals with a process of determining and analyzing a
situation and the factors that influence it.
• It is planned : Goals are set together with priorities in accordance with the
problem or the situation analysis and with in the limit of time and budget.
• It implies action : This is a process that deals with the changing needs and the
implementation of alternative strategies in order to deal with the changing
needs and demands of the public.
• It requires evaluations : The performance is evaluated by the achievement of
goals.
• It demands adjustment : T
13. PERSONAL SELLING
• Personal selling consists of contacting prospective buyers of product
personally.
• The oral presentation in a conversation with one or more prospective
purchasers for the purpose of marketing sales.
14. PROSANDCONSOF PERSONALSELLING
PROS
• Two-way communication
• Complete message
• Lack of distraction
• Involvement in decision
making
• Sources of research
information
CONS
• High cost
• Poor reach of many
• Ethical problems
• Conflicts
• Inconsistent message
15. CHARACTERISTICSOF PERSONALSELLING
• Sellers & Buyers in DIRECT CONTACT with one another.
• Personal selling involves conversation b/w sellers and prospective buyers
regarding quality, price, use, etc.
• Personal selling involves the sale of goods and services PERSONALLY.
• In personal selling, sellers wants to CONVINCE the buyers about the goods and
services which he wants to sell.
• Personal selling is the best means of TWO-WAY COMMUNICATION
continuously b/w enterprise and its customers
16. PUBLICITY
It is non personal and non paid form of a communication.
It includes promoting the product through media.
It usually comes in the form of news story, editorial, or
announcements about an organization and /or its product
and services.
Techniques used to gain publicity include news releases,
press conferences, feature articles, photographs, films and
videotapes.
17. CHARACTERISTICS OF PUBLICITY
• Non-Paid Form: Publicity is a non-paid form of promotion. All of the media
coverage is organic.
• Non-Paid Form: Publicity is a non-paid form of promotion. All of the media
coverage is organic.
• No Control: The brand has no control over message, time, frequency,
information, and medium.
• Focuses On A Broader Audience: Publicity isn’t targeted marketing. It focuses
on the shotgun approach, where the information is publicized to a broader
audience.
• Credible: The target audience considers publicity to be a more credible form of
communication as it uses trustworthy channels like news outlets.
• Short-Term Focus: Publicity is a promotional strategy focused on fulfilling
18. CONCLUSION
It may be concluded that advertising, personal selling, and
even sales promotion are typically used during the
introduction stage. During the second stage, more
aggressive advertising and sales promotion strategies are
implemented. The third stage involves more aggressive
advertising and personal marketing.