Promotion-Mix (Tools for IMC)




                                       Prepared by

                                       Mehul Rasadiya
K.K.Parekh Institute of Management of Studies
Top of Mind’ Awareness

      ‘Top of Mind’ Awareness is owning
      the space that your product or
      service occupies between your
      potential customer’s ears. That
      way, when they’re ready to buy, they
      think of your product first.

4/14/2013 7:18:59 PM       Integrated Marketing
                              Communication
4/14/2013 7:18:59 PM   Integrated Marketing
                          Communication
4/14/2013 7:18:59 PM   Integrated Marketing
                          Communication
PROMOTION
Promotion keeps the product in the minds of
the customer and helps stimulate demand for
the product.

The ongoing activities of advertising, sales
Promotion, Public Relations and Personal
Selling are often considered aspects of
promotions.

 4/14/2013 7:18:59 PM   Integrated Marketing
                           Communication
Everything about your product
                   communicates:
                           Price - Place - Product
                   (including packaging)

                    New companies are formed on a
                   daily basis,
                             How can one get people
                   to know about their business so
                   that it can grow?



4/14/2013 7:18:59 PM       Integrated Marketing
                              Communication
Objectives of Promotion
•   BUILD AWARENESS.
•   CREATE INTEREST.
•   PROVIDE INFORMATION.
•   STIMULATE DEMAND.
•   REINFORCE THE BRAND.




4/14/2013 7:18:59 PM        Integrated Marketing
                               Communication
Advertising
• "Advertising is any paid form of non-personal presentation and
  promotion of ideas, goods and services through mass media
  such as newspapers, magazines, television or radio by an
  identified sponsor".
                 - Philip Kotler and Armstrong

• "The means of providing the most persuasive possible selling
  message to the right prospects at the lowest possible cost".
       - Institute of Practitioners in Advertising

• Advertising is bringing a product (or service) to the attention of
  potential and current customers.

• Advertising is a form of Communication!
    4/14/2013 7:18:59 PM        Integrated Marketing
                                   Communication
Sales Promotion
• Short term incentives to
  encourage the purchase or sale
  of a product or service.
• Sales promotion include tools
  for consumer promotion, trade
  promotion and business and
  sales force promotion.
• Now ,it is part of the Marketing
  spend of all companies and
  these days SP spends in many
  companies exceed that of the
  advertisements spends.
  4/14/2013 7:18:59 PM    Integrated Marketing
                             Communication
Public Relations
  • “The planned and sustained effort to establish and
    maintain goodwill and mutual understanding
    between an organization and its publics”.

  • Highly credible

  • Many forms: news stories, news features, events
    and sponsorships, etc.

  • Reaches many prospects missed via other forms of
    promotion


4/14/2013 7:18:59 PM    Integrated Marketing
                           Communication
Personal Selling
• Direct communications between paid representatives and
  prospects that lead to transactions, customer
  satisfaction, account development, and profitable relationships.

• Most effective tool for building buyers’
  preferences, convictions, and actions

• Personal interaction allows for feedback and adjustments
• Relationship-oriented

• Buyers are more attentive

• Sales force represents a long-term commitment

• Most expensive of the promotional tools (Paid one)

  4/14/2013 7:18:59 PM        Integrated Marketing
                                 Communication

Promotion mix (tools)

  • 1.
    Promotion-Mix (Tools forIMC) Prepared by Mehul Rasadiya K.K.Parekh Institute of Management of Studies
  • 2.
    Top of Mind’Awareness ‘Top of Mind’ Awareness is owning the space that your product or service occupies between your potential customer’s ears. That way, when they’re ready to buy, they think of your product first. 4/14/2013 7:18:59 PM Integrated Marketing Communication
  • 3.
    4/14/2013 7:18:59 PM Integrated Marketing Communication
  • 4.
    4/14/2013 7:18:59 PM Integrated Marketing Communication
  • 5.
    PROMOTION Promotion keeps theproduct in the minds of the customer and helps stimulate demand for the product. The ongoing activities of advertising, sales Promotion, Public Relations and Personal Selling are often considered aspects of promotions. 4/14/2013 7:18:59 PM Integrated Marketing Communication
  • 6.
    Everything about yourproduct communicates: Price - Place - Product (including packaging) New companies are formed on a daily basis, How can one get people to know about their business so that it can grow? 4/14/2013 7:18:59 PM Integrated Marketing Communication
  • 7.
    Objectives of Promotion • BUILD AWARENESS. • CREATE INTEREST. • PROVIDE INFORMATION. • STIMULATE DEMAND. • REINFORCE THE BRAND. 4/14/2013 7:18:59 PM Integrated Marketing Communication
  • 8.
    Advertising • "Advertising isany paid form of non-personal presentation and promotion of ideas, goods and services through mass media such as newspapers, magazines, television or radio by an identified sponsor". - Philip Kotler and Armstrong • "The means of providing the most persuasive possible selling message to the right prospects at the lowest possible cost". - Institute of Practitioners in Advertising • Advertising is bringing a product (or service) to the attention of potential and current customers. • Advertising is a form of Communication! 4/14/2013 7:18:59 PM Integrated Marketing Communication
  • 9.
    Sales Promotion • Shortterm incentives to encourage the purchase or sale of a product or service. • Sales promotion include tools for consumer promotion, trade promotion and business and sales force promotion. • Now ,it is part of the Marketing spend of all companies and these days SP spends in many companies exceed that of the advertisements spends. 4/14/2013 7:18:59 PM Integrated Marketing Communication
  • 10.
    Public Relations • “The planned and sustained effort to establish and maintain goodwill and mutual understanding between an organization and its publics”. • Highly credible • Many forms: news stories, news features, events and sponsorships, etc. • Reaches many prospects missed via other forms of promotion 4/14/2013 7:18:59 PM Integrated Marketing Communication
  • 11.
    Personal Selling • Directcommunications between paid representatives and prospects that lead to transactions, customer satisfaction, account development, and profitable relationships. • Most effective tool for building buyers’ preferences, convictions, and actions • Personal interaction allows for feedback and adjustments • Relationship-oriented • Buyers are more attentive • Sales force represents a long-term commitment • Most expensive of the promotional tools (Paid one) 4/14/2013 7:18:59 PM Integrated Marketing Communication