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PROMOTION MIX
                     AND
              KINDS OF PROMOTION




Prepared by


Mehul Rasadiya

 K.K.Parekh Institute of Management of Studies
PROMOTION
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 products have to be communicated to
  customers. In marketing this is commonly known
  as “promotions”.
Promotion Techniques

Promoting your business can take many different forms. You
    can promote it online and offline. Promotion is a very
    important part of every business imaginable. If you don't
    promote it, how are customers supposed to know about
    it? Here are some very effective ways to promote your
    product or service.


   BUSINESS CARDS
   PRESS RELEASES
   ORGANIZATIONS
   NEWS LETTERS
   FREE STUFF
   WEBSITE
PROMOTION MIX

DEFINITION :-

Specific combination of promotional
 methods such as print or broadcast
 advertising, direct
 marketing, personal selling, point of
 sale
 display, merchandising, etc., used
 for one product or a family of
 products.
Six main Promotion Tactics

1.   ADVERTISING
2.   SALES PROMOTION
3.   PUBLIC RELATIONS
4.   PERSONAL SELLING
5.   PUBLICITY
6.   DIRECT MARKETING
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.
ADVERTISING
The means of providing the most persuasive
  possible selling message to the right prospects at
  the lowest possible cost".

  Kotler and Armstrong provide an alternative
  definition:-

"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".
SALES PROMOTION
“An activity designed to boost the sales of a
  product or service. It may include an advertising
  campaign, increased PR activity, a free-sample
  campaign, offering free gifts or trading
  stamps, arranging demonstrations or
  exhibitions, setting up competitions with
  attractive prizes, temporary price
  reductions, door-to-door
  calling, telemarketing, personal letters on other
  methods”.
More than any other element of the promotional
  mix, sales promotion is about “action”. It is about
  stimulating customers to buy a product. It is not
  designed to be informative – a role which
  advertising is much better suited to.
PUBLIC RELATIONS

“The planned and sustained effort to
  establish and maintain goodwill and
  mutual understanding between an
  organisation and its publics”.

Public relations activities include, press
 releases. company
 literature, videos, websites and
 annual reports.
PERSONAL SELLING
Personal selling is oral communication with
  potential buyers of a product with the intention of
  making a sale. The personal selling may focus
  initially on developing a relationship with the
  potential buyer, but will always ultimately end
  with an attempt to "close the sale“

Personal selling is one of the oldest forms of
  promotion. It involves the use of a sales force to
  support a push strategy (encouraging
  intermediaries to buy the product) or a pull
  strategy (where the role of the sales force may
  be limited to supporting retailers and providing
  after-sales service).
PUBLICITY
Publicity refers to nonpersonal communi-cations
  regarding an organization , product , service , or
  idea not directly paid for or run under identified
  sponsorship .it usually comes in the form of news
  story , editorial , or announcement about an
  organization and/or its products and services.

Techniques used to gain publicity include news
  releases , press conferences , feature articles
  , photographs , films , and videotapes.
DIRECT MARKETING
Direct marketing is concerned with establishing an
  individual relationship between the business
  offering a product or service and the final
  customer.
Direct marketing has been defined by the Institute
  of Direct Marketing as:
       “The planned recording, analysis and
  tracking of customer behaviour to develop a
  relational marketing strategies”.
The process of direct marketing covers a wide
  range of promotional activities, These include:
   • Direct-response adverts on television and radio
  • Mail order catalogues
  • E-commerce
  • Magazine inserts
  • Direct mail
  • Telemarketing
OBJECTIVES FOR PROMOTION

• BUILD AWARENESS.
• CREATE INTEREST.
• PROVIDE INFORMATION.
• STIMULATE DEMAND.
• REINFORCE THE BRAND.
THANKS!

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Promotionmixppt

  • 1. PROMOTION MIX AND KINDS OF PROMOTION Prepared by Mehul Rasadiya K.K.Parekh Institute of Management of Studies
  • 2. PROMOTION 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 products have to be communicated to customers. In marketing this is commonly known as “promotions”.
  • 3. Promotion Techniques Promoting your business can take many different forms. You can promote it online and offline. Promotion is a very important part of every business imaginable. If you don't promote it, how are customers supposed to know about it? Here are some very effective ways to promote your product or service.  BUSINESS CARDS  PRESS RELEASES  ORGANIZATIONS  NEWS LETTERS  FREE STUFF  WEBSITE
  • 4. PROMOTION MIX DEFINITION :- Specific combination of promotional methods such as print or broadcast advertising, direct marketing, personal selling, point of sale display, merchandising, etc., used for one product or a family of products.
  • 5. Six main Promotion Tactics 1. ADVERTISING 2. SALES PROMOTION 3. PUBLIC RELATIONS 4. PERSONAL SELLING 5. PUBLICITY 6. DIRECT MARKETING
  • 6. 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.
  • 7. ADVERTISING The means of providing the most persuasive possible selling message to the right prospects at the lowest possible cost". Kotler and Armstrong provide an alternative definition:- "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".
  • 8. SALES PROMOTION “An activity designed to boost the sales of a product or service. It may include an advertising campaign, increased PR activity, a free-sample campaign, offering free gifts or trading stamps, arranging demonstrations or exhibitions, setting up competitions with attractive prizes, temporary price reductions, door-to-door calling, telemarketing, personal letters on other methods”. More than any other element of the promotional mix, sales promotion is about “action”. It is about stimulating customers to buy a product. It is not designed to be informative – a role which advertising is much better suited to.
  • 9. PUBLIC RELATIONS “The planned and sustained effort to establish and maintain goodwill and mutual understanding between an organisation and its publics”. Public relations activities include, press releases. company literature, videos, websites and annual reports.
  • 10. PERSONAL SELLING Personal selling is oral communication with potential buyers of a product with the intention of making a sale. The personal selling may focus initially on developing a relationship with the potential buyer, but will always ultimately end with an attempt to "close the sale“ Personal selling is one of the oldest forms of promotion. It involves the use of a sales force to support a push strategy (encouraging intermediaries to buy the product) or a pull strategy (where the role of the sales force may be limited to supporting retailers and providing after-sales service).
  • 11. PUBLICITY Publicity refers to nonpersonal communi-cations regarding an organization , product , service , or idea not directly paid for or run under identified sponsorship .it usually comes in the form of news story , editorial , or announcement about an organization and/or its products and services. Techniques used to gain publicity include news releases , press conferences , feature articles , photographs , films , and videotapes.
  • 12. DIRECT MARKETING Direct marketing is concerned with establishing an individual relationship between the business offering a product or service and the final customer. Direct marketing has been defined by the Institute of Direct Marketing as: “The planned recording, analysis and tracking of customer behaviour to develop a relational marketing strategies”. The process of direct marketing covers a wide range of promotional activities, These include: • Direct-response adverts on television and radio • Mail order catalogues • E-commerce • Magazine inserts • Direct mail • Telemarketing
  • 13. OBJECTIVES FOR PROMOTION • BUILD AWARENESS. • CREATE INTEREST. • PROVIDE INFORMATION. • STIMULATE DEMAND. • REINFORCE THE BRAND.