The document discusses various aspects of promotion mix, including the key elements of promotion mix such as advertising, sales promotion, public relations, and personal selling. It defines these elements and provides examples. The objectives of promotion are also outlined as building awareness, creating interest, providing information, and stimulating demand. Factors that guide selection of promotion mix include the nature of the product market, overall marketing strategy, buyer readiness stage, and product life cycle stage.
Factors effecting selection of distribution channelsShubhanjali -
introduction to distribution
distribution channel
market intermediaries
factors affecting selection of distribution channels:-
1. Nature of product
2. Nature of market
3. Nature of middle men
4. Nature of manufacturing units
5. Competition
6. Govt. rules & policies
conclusion
references
Factors effecting selection of distribution channelsShubhanjali -
introduction to distribution
distribution channel
market intermediaries
factors affecting selection of distribution channels:-
1. Nature of product
2. Nature of market
3. Nature of middle men
4. Nature of manufacturing units
5. Competition
6. Govt. rules & policies
conclusion
references
Introduction to Consumer Behaviour; Consumer Behaviour
and Marketing Strategy; Consumer Involvement – Levels
of involvement, and Decision Making
Consumer Decision Process – Stages in Decision Process,
Information Search Process; Evaluative Criteria and
Decision Rules, Consumer Motivation – Types of Consumer
Needs, Ways of Motivating Consumers. Information
Processing and Consumer Perception.
Consumer Attitudes and Attitude Change; Influence of
Personality and Self Concept on Buying Behaviour,
Psychographics and Lifestyles, Impuse Buying.
Diffusion of Innovation and Opinion Leadership, Family
Decision Making, Influence of Reference Group
Industrial Buying Behaviour– Process and factors, Models
of Consumer Behaviour – Harward Seth, Nicosia, E& D,
Economic Model; Introduction to Consumer Behaviour
Audit; Consumer Behaviour Studies in India
Difference between selling concept and marketing conceptRohan Byanjankar
Presentation of Marketing
Differences Between
Selling Concept and Marketing Concept
Selling Concept
If customers are left to themselves, they will not make the effort to buy a company’s product.
Mere sales oriented regardless of consumer want, need and value,
Primary agenda is to earn profit through larger sales volume.
Factory or Product is the initiative point of Selling Concept.
Selling of product through persuasion or different means of selling though the product have detrimental effect,
It focuses on short term as intensive focus on pushing product to the market and clearing the market as soon as possible.
Marketing Concept
Marketing concept is the management process of identifying the need of target customer , and delivering product,
Customer oriented and fosters on customer value,
Primary agenda is to earn profit through Customer Satisfaction
The loyalty of consumer is the ultimate source of profit (focus on creating hard-core loyal customer such as Apple Inc.)
Identification of need of Target market is the initial phase,
Creates wants satisfying goods and services which the consumers will want to buy.
What is offered for sale is determined not by the seller but by the buyers.
Product is the resultant of market research
Differences Between
Selling Concept
Process of selling starts with the creation of product, and pushing it to market through aggressive selling.
Marketing Concept
Process of marketing starts with the identification of customer need, creation of product based on market research, and delivering product in such as way that satisfies consumer need
...............
Marketing research, Role of Marketing Research and Marketing Research ProcessShashiPrabhat2
Hello, friends
This PPT includes the explanation of Marketing Research, Role of Marketing Research and Marketing Research Process or Steps of Marketing Research.
Here you will get the definition of Marketing Research according to American Marketing Association.
If you are getting any doubt, you email me at: shashiprabhat566@gmail.com
Introduction to Consumer Behaviour; Consumer Behaviour
and Marketing Strategy; Consumer Involvement – Levels
of involvement, and Decision Making
Consumer Decision Process – Stages in Decision Process,
Information Search Process; Evaluative Criteria and
Decision Rules, Consumer Motivation – Types of Consumer
Needs, Ways of Motivating Consumers. Information
Processing and Consumer Perception.
Consumer Attitudes and Attitude Change; Influence of
Personality and Self Concept on Buying Behaviour,
Psychographics and Lifestyles, Impuse Buying.
Diffusion of Innovation and Opinion Leadership, Family
Decision Making, Influence of Reference Group
Industrial Buying Behaviour– Process and factors, Models
of Consumer Behaviour – Harward Seth, Nicosia, E& D,
Economic Model; Introduction to Consumer Behaviour
Audit; Consumer Behaviour Studies in India
Difference between selling concept and marketing conceptRohan Byanjankar
Presentation of Marketing
Differences Between
Selling Concept and Marketing Concept
Selling Concept
If customers are left to themselves, they will not make the effort to buy a company’s product.
Mere sales oriented regardless of consumer want, need and value,
Primary agenda is to earn profit through larger sales volume.
Factory or Product is the initiative point of Selling Concept.
Selling of product through persuasion or different means of selling though the product have detrimental effect,
It focuses on short term as intensive focus on pushing product to the market and clearing the market as soon as possible.
Marketing Concept
Marketing concept is the management process of identifying the need of target customer , and delivering product,
Customer oriented and fosters on customer value,
Primary agenda is to earn profit through Customer Satisfaction
The loyalty of consumer is the ultimate source of profit (focus on creating hard-core loyal customer such as Apple Inc.)
Identification of need of Target market is the initial phase,
Creates wants satisfying goods and services which the consumers will want to buy.
What is offered for sale is determined not by the seller but by the buyers.
Product is the resultant of market research
Differences Between
Selling Concept
Process of selling starts with the creation of product, and pushing it to market through aggressive selling.
Marketing Concept
Process of marketing starts with the identification of customer need, creation of product based on market research, and delivering product in such as way that satisfies consumer need
...............
Marketing research, Role of Marketing Research and Marketing Research ProcessShashiPrabhat2
Hello, friends
This PPT includes the explanation of Marketing Research, Role of Marketing Research and Marketing Research Process or Steps of Marketing Research.
Here you will get the definition of Marketing Research according to American Marketing Association.
If you are getting any doubt, you email me at: shashiprabhat566@gmail.com
This is powerpoint presentation shows about the advertising meaning , direct marketing , industrial marketing, merchandising and store advertising, personal selling, packaging, sales promotion
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.
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Promotional mix
1.
2. CONTENT
⬩ INTRODUCTION
⬩ OBJECTIVES
⬩ TOOLS & TECHNIQUES
⬩ ADVERTISING AND ITS TYPES
⬩ SALES PROMOTION AND ITS TOOLS
⬩ PUBLIC RELATION
⬩ PERSONAL SELLING
⬩ DIRECT MARKETING
3. Definition :
Promotion involves disseminating information about a product,
product line, brand, or company. It is one of the four key aspects of
the marketing mix.
The other three elements are product marketing, pricing, and
distribution.
To generate sales and profits, the benefits of product have to be
communicated to customers. In marketing this is commonly known as
“Promotion”.
4. What is Promotion Mix ?
• The term ‘promotional mix’ is used to refer to the combination of different
kinds of promotional tools used by a firm to advertise and sell its products.
• The main promotional tools or activities which make up promotion mix are
personal selling, advertising, publicity and sales promotion. These are also
known as elements of promotion mix.
• The concept of promotional mix assumes that there is a variety of means
for communicating with consumers. Promotional mix refers to the
combination of various types and amounts of various forms of promotion
used by a marketer.
5. 1. Build Awareness : New products and new companies
are often unknown to a market, which means initial
promotional efforts must focus on establishing an
identity.
2. Create Interest : Consumer buying behaviour depends
on the type of customer so the customer must first
recognize they have a need before they actively start to
consider a purchase.
3. Provide Information : Some promotions are designed to
assist customers in the search stage of the purchasing
process. In other situations where the product competes
in an existing market, informational promotion may be
used to help with a product positing strategy.
6. 4. To Face Competition : Market promotion
enables the firm to face competition effectively.
In today’s market situation, it is difficult to
stand without the suitable promotional efforts.
5. Stimulate Demand : It is the primary objective of
market promotion. Through the use of
appropriate means of market promotion, such
as advertising, sales promotion, personal
selling, and so forth, the company can stimulate
demand for the product.
8. The factors that guide a marketer’s decision
in selecting a promotion mix are :
Nature of the product market.
Overall marketing strategy.
Buyer readiness stage.
Product life cycle stage.
9. Any paid form of non- personal presentation and
promotion of ideas, goods, or services.
Reaches large, geographically dispersed audiences,
often with high frequency.
Impersonal; one way communication.
This is a powerful elements of the promotion mix.
Advertising is paid form of publicity.
Advertisement are identifiable with their sponsor of
originator which is not always the case with publicity or
propaganda.
11. Print Advertising : Print advertising means advertisements that
are printed in hard copy in publications (newspapers, magazines, journals)
likely to be read by your target audience. Benefits: If you buy an advert in a
magazine with a big circulation, you increase the likelihood that you will
reach a wide audience.
Broadcast Advertising : Broadcast advertising is the advertising of
services or products that uses out-of-home mediums to reach broad
audiences: i.e. T.V , Radio, Billboards, etc. Billboards are a type of
broadcast advertising like TV or radio.
Outdoor Advertising : Any advertising done outdoors that publicizes
your business's products and services. Types of outdoor advertising include
billboards, bus benches, interiors and exteriors of buses, taxis and business
vehicles, and signage posted on the exterior of your own brick-and-mortar
location.
12. Covert advertising as a vehicle in the advertising medium has
been used among other vehicles to create awareness about
products/brands among prospective consumers and as a reminder
among customers. Its impact cannot be underestimated and the
consequences thereof about products/ brands.
Public Service Advertising : Public Service Advertising is
using the techniques of commercial advertising for non-commercial
purposes. It is mainly used as a tool to promote social welfare.
Business concerns may also undertake it in public interest.
13. “ A direct inducement that offers an extra value or
incentive for the product to the sales force,
distributors, or the ultimate consumer with the
primary objective of creating an immediate sale. ”
An extra incentive
to buy.
A tool to speed up
sales.
Targeted to different
parties.
17. Personal selling is that selling technique which is involved between
person to person and between the prospective buyer and seller.
Personal selling involves developing customers relationship,
discovering and communicating customer needs, matching the
appropriate products with these needs.
Personal selling is the most significant promotional tool in terms of
number of people employed.
Eg: Business Firms, Factories, Retailers, Bank, etc.
18. Retail Selling :
Selling to ultimate consumer.
Field Selling :
Business to business selling that take place in the
prospective customer’s place of business.
Telemarketing :
Using the Telephone as the primary means of
communicating with prospective customers.
Inside Selling :
Business to business selling in the Sales person’s
place of business.
20. Direct Marketing is a system of marketing by which organizations
communicate directly with target customers to generate a response or
transaction.
Direct Marketing uses a set of direct-response media, including
direct mail, telemarketing, interactive T.V, print, internet and other
media. These media are the tools by which direct marketers implement
the communication process.