SlideShare a Scribd company logo
MODULE 5
Promotion Strategy
Promotion is the process of marketing
communication to inform, persuade, remind
and influence consumers or users in favor of
your product or service.
ELEMENTS OF RETAIL PROMOTIONAL MIX
 Advertising
 Public Relations
 Personal selling
 Sales promotion
ADVERTISING
 Advertising is paid, non-personal
communication transmitted through out-of-store
mass media by an identified sponsor.4 aspects
of this definition merit clarification:
 Paid form
 Non-personal presentation
 Out-of-store mass media
 Identified sponsor
OBJECTIVES
 Lifting short-term sales
 Increasing customer traffic
 Developing and/or reinforcing a retail image
 Informing customers about goods and services
and/or company attributes
 Easing the job for sales personnel
 Developing demand for private brands
ADVANTAGES
 A large audience is attracted.
 The cost per viewer, reader,or listener are low.
 A number of alternative media are available.
 The retailer has control over message content,
graphics, timing, and size.
 In print media, a message can be studied and
restudied by the target market.
CONTD:
 Editorial content often surrounds an ad.
 Self-service or reduced-service operations are
possible since a customer becomes aware of a
retailer and its offerings before shopping.
DISADVANTAGES
 Standardized messages lack flexibility
 Some media require large investments
 Media may reach large geographic areas, and for
retailers, this may be wasteful.
 Some media require a long lead time for placing
ads.
 Some media have a high throwaway rate.
TYPES OF ADVERTISING
 Content method
 Payment method
CONTENT METHOD
 Pioneer messages
 Competitive message
 Reminder message
 Institutional message
MANNER OF PAYMENT
 Full payment by retailer
 Cooperative advertising
 Vertical
 horizontal
PUBLIC RELATIONS
 Public relations entails any communication
that fosters a favorable image for the
retailer among its publics. it may be
Non personal or personal, paid or non paid and
sponsor controlled or non controlled.
OBJECTIVES
 Increase awareness of the retailer and its strategy
mix.
 Maintain or improve the company image.
 Show the retailer as a contributor to the
community’s quality of life.
 Demonstrate innovativeness.
 Present a favorable message in a highly believable
manner.
 Minimize total promotion costs.
ADVANTAGES
 An image can be presented or enhanced.
 A more credible source presents the message.
 There are no costs for message time or space.
 A mass audience is addressed.
 Carryover effects are possible.
 People pay more attention to news stories than to
clearly identified ads.
DISADVANTAGES
 Some retailers do not believe in spending any
funds on image-related communication.
 There is little retailer control over a publicity
message and its timing, placement, and coverage
by a given medium.
 It may be more suitable for short-run, rather than
long-run, planning.
 Although there are no media costs for publicity,
there are costs for a public relations staff, planning
activities, and the activities themselves.
PERSONAL SELLING
 Personal selling is the art of convincing the
prospects to buy the given products or services. It
is the wit act of persuasion. It is the ability to handle
the people to dandle the products. It is the ability to
convert human needs into wants.
OBJECTIVES
 Persuade customers to buy.
 Stimulate sales of impulse items or product related
to customers’ basic purchases.
 Complete customer transactions.
 Feed back information to company decision
makers.
 Provide proper levels of customer service.
 Improve and maintain customer satisfaction.
 Create awareness of the items also marketed
through web.
ADVANTAGES
 A salesperson can adapt a message to the needs
of the individual customer.
 A salesperson can be flexible in offering ways to
address customer needs.
 The attention span of the customer is higher than
with advertising.
 There is less waste; most people who walk into a
store are potential customers.
 Customers respond more often to personal selling
than to ads.
 Immediate feedback is provided.
DISADVANTAGES
 Only a limited number of customers can be handled
at a given time.
 The costs of interacting with each customer can be
high.
 Customers are not initially lured into a store through
personal selling
 Self-service may be discouraged.
 Some customers may view salespeople as
unhelpful and as too aggressive.
SALES PROMOTION
 Sales promotion encompasses the paid
communication activities other than
advertising, public relations, and personal selling
that stimulate consumer purchases and dealer
effectiveness.
OBJECTIVES
 Increasing short-term sales volume.
 Maintaining customer loyalty.
 Emphasizing novelty.
 Complementing other promotion tools.
ADVANTAGES
 It often has eye-catching appeal.
 Themes and tools can be distinctive.
 The consumer may receive something of
value, such as coupons or free merchandise.
 It helps draw customer traffic and maintain loyalty
to the retailer.
 Impulse purchases are increased.
 Customers can have fun, particularly with
promotion tools such as contests and
demonstrations.
DISADVANTAGES
 It may be hard to terminate certain promotions
without adverse customer reactions.
 The retailer’s image may be hurt if trite promotions
are used.
 Frivolous selling points may be stressed rather than
the retailer’s product assortment, prices, customer
services, and other factors.
 Many sales promotions have only short-term
effects.
 It should be used mostly as a supplement to other
promotional forms.
PLANNING A RURAL PROMOTIONAL
STRATEGY
 Determining promotional objectives
 Establishing an overall promotional budget
 Selecting the promotional mix
 Implementing the promotional mix
 Reviewing and revising the promotional plan
APPROPRIATE MEDIA
 Media Selection
 1.The financial allocation for advertising.
 2.The nature of the product and the demand for
it.
 3. The type of prospects, their location and
other characteristics.
 4. The nature of competition and the extent of
coverage required.
 5. Cost of media, co-operation and promotional
aids offered by media, media circulation.
CHARACTERISTICS OF IMPORTANT MEDIA
 1. Mural Advertising
 2. Press Advertising
 3. Film Advertising
 4. Radio Advertisement
 5. Television Advertisement
 6. Transit Advertising
 7. Direct Mail
RURAL SPECIFIC MEDIA
 1. Music CD’s
 2. Puppetry
 3. Folk Theater
 4. Interpersonal Media
 5. Group Meeting
 6. House-to-House Campaign
 7. Field Demonstrations:
 8. AV Vans
 9 Wall Paintings
CONSTRAINTS IN RURAL COMMUNICATION
 1. Low Literacy Rate
 2. Low Spending Capacity
 3. Joint Families and Strong Kinship Ties
 4. Linguistic and Socio-cultural Differences
 5. Unique Media Habits
 6. Situation Based Leisure Time Activities
 7. Expensive Communication
 8. Poor Infrastructure
 9. Lack of Research Data
 10. Selective Attention
DISTRIBUTION CHANNEL
 Distribution channel performs various tasks
necessary to promote sales of products and
services to the ultimate customers.
 Selling
 Assorting
 Financing
 Storage
 Sorting
 Grading
 Transportation
 Market Information
 Risk-taking
CHANNEL STRUCTURES
CHANNEL TYPES
METHODS OF DISTRIBUTION
 1. Stockist’s Van / Company Owned
Vehicles
 2. Hired Vehicles
 3. Working by Independent Stockist
 4. Selling Through Bullock Cart / Camel /
Boat
 5. Appointment of Primary Dealers
 6. Using Urban Wholesalers
PROBLEMS OF RURAL DITRIBUTION
 1. Transportation Problems:)
 2. Warehousing Problems:)
 3. Communication Problems:
 4. Non-Availability of Dealers:
 5. Greater Dependence on Dealers
 6. Higher Cost and Administrative
Problems
 7. Poor Viability of Retail Outlets
RURAL RETAILER BEHAVIOUR
 Seasonal Pattern:
 1. Transfer of Capital
 2. Credit Pattern
 3. Purchasing Cycle
THANK YOU………….

More Related Content

What's hot

Advertisement
AdvertisementAdvertisement
AdvertisementKalahub
 
Chicken of the Sea International Project
Chicken of the Sea International ProjectChicken of the Sea International Project
Chicken of the Sea International ProjectDaniel Gundry
 
Importance of advertising in modern marketing
Importance of advertising in modern marketingImportance of advertising in modern marketing
Importance of advertising in modern marketing
SMART LEARNING -SEE YOUR WORLD IN DIFFRENT WAY
 
Advertisement Appeals
Advertisement AppealsAdvertisement Appeals
Advertisement Appeals
Yashaswini Agarwal
 
Welcome Into the world Advertisement
Welcome Into the world AdvertisementWelcome Into the world Advertisement
Welcome Into the world AdvertisementMohit Kr Singla
 
Advertising, Sales Promotion, & Public Relations
Advertising, Sales Promotion, & Public RelationsAdvertising, Sales Promotion, & Public Relations
Advertising, Sales Promotion, & Public Relations
Tarun Arya
 
Promotional mix
Promotional mixPromotional mix
Promotional mix
Paul Grethel
 
The advantages and disadvantages of advertisements
The advantages and disadvantages of advertisementsThe advantages and disadvantages of advertisements
The advantages and disadvantages of advertisements
Samuel Lee
 
Marketing communication mix
Marketing communication mixMarketing communication mix
Marketing communication mix
Manisha Shrivastava
 
Promotion mix"methods of promotion"
Promotion mix"methods of promotion"Promotion mix"methods of promotion"
Promotion mix"methods of promotion"
Abid Siddiqui
 
Advertising basics
Advertising basicsAdvertising basics
Advertising basics
GloriaGlory2
 
Advertising management
Advertising managementAdvertising management
Advertising management
MOHANRAMD
 
Advertising Fundamentals
Advertising FundamentalsAdvertising Fundamentals
Advertising Fundamentals
Nj Lopez-Tan
 
marketing presentation-publicity
marketing presentation-publicitymarketing presentation-publicity
marketing presentation-publicity
Drishti kalra
 
Advertising
AdvertisingAdvertising
Marketing - Promotion
Marketing - PromotionMarketing - Promotion
Marketing - Promotiontutor2u
 
The Marketing Mix Promotion and Place
The Marketing Mix Promotion and PlaceThe Marketing Mix Promotion and Place
The Marketing Mix Promotion and Place
Guerillateacher
 

What's hot (20)

Advertisement
AdvertisementAdvertisement
Advertisement
 
Features of Advertisements
Features of AdvertisementsFeatures of Advertisements
Features of Advertisements
 
Chicken of the Sea International Project
Chicken of the Sea International ProjectChicken of the Sea International Project
Chicken of the Sea International Project
 
Importance of advertising in modern marketing
Importance of advertising in modern marketingImportance of advertising in modern marketing
Importance of advertising in modern marketing
 
Advertisement Appeals
Advertisement AppealsAdvertisement Appeals
Advertisement Appeals
 
Promotional mix
Promotional mixPromotional mix
Promotional mix
 
Welcome Into the world Advertisement
Welcome Into the world AdvertisementWelcome Into the world Advertisement
Welcome Into the world Advertisement
 
Advertising, Sales Promotion, & Public Relations
Advertising, Sales Promotion, & Public RelationsAdvertising, Sales Promotion, & Public Relations
Advertising, Sales Promotion, & Public Relations
 
Promotional mix
Promotional mixPromotional mix
Promotional mix
 
The advantages and disadvantages of advertisements
The advantages and disadvantages of advertisementsThe advantages and disadvantages of advertisements
The advantages and disadvantages of advertisements
 
Marketing communication mix
Marketing communication mixMarketing communication mix
Marketing communication mix
 
Promotion mix"methods of promotion"
Promotion mix"methods of promotion"Promotion mix"methods of promotion"
Promotion mix"methods of promotion"
 
Advertising basics
Advertising basicsAdvertising basics
Advertising basics
 
Advertising management
Advertising managementAdvertising management
Advertising management
 
Advertising Fundamentals
Advertising FundamentalsAdvertising Fundamentals
Advertising Fundamentals
 
Promotion decisions 29-10-13
Promotion decisions 29-10-13Promotion decisions 29-10-13
Promotion decisions 29-10-13
 
marketing presentation-publicity
marketing presentation-publicitymarketing presentation-publicity
marketing presentation-publicity
 
Advertising
AdvertisingAdvertising
Advertising
 
Marketing - Promotion
Marketing - PromotionMarketing - Promotion
Marketing - Promotion
 
The Marketing Mix Promotion and Place
The Marketing Mix Promotion and PlaceThe Marketing Mix Promotion and Place
The Marketing Mix Promotion and Place
 

Similar to Rural marketing module 5

Chapter 9 Identifying Market Segments and Targets
Chapter 9 Identifying Market Segments and TargetsChapter 9 Identifying Market Segments and Targets
Chapter 9 Identifying Market Segments and Targets
PeleZain
 
Promotion Mix
Promotion MixPromotion Mix
Promotion Mixdiyasun86
 
Retail communication mix
Retail communication mixRetail communication mix
Retail communication mixSagar Gadekar
 
Retailcommunicationmix 120506022650-phpapp01
Retailcommunicationmix 120506022650-phpapp01Retailcommunicationmix 120506022650-phpapp01
Retailcommunicationmix 120506022650-phpapp01
DrAnkitaPathak
 
Marketing
MarketingMarketing
Marketing
nazneen panwar
 
CHAPTER9.ppt
CHAPTER9.pptCHAPTER9.ppt
CHAPTER9.ppt
rakeshahire12
 
Designing and managing integrated marketing communications [autosaved]
Designing and managing integrated marketing  communications [autosaved]Designing and managing integrated marketing  communications [autosaved]
Designing and managing integrated marketing communications [autosaved]
sslimon
 
IMC_All Chapter PPT.pptx
IMC_All Chapter PPT.pptxIMC_All Chapter PPT.pptx
IMC_All Chapter PPT.pptx
sarfaraz karim
 
INTEGRATING MARKETING COMMUNICATION
INTEGRATING MARKETING COMMUNICATIONINTEGRATING MARKETING COMMUNICATION
INTEGRATING MARKETING COMMUNICATIONYIGIT ACIKAY
 
ADVERTISING AND SALESMANSHIP
ADVERTISING AND SALESMANSHIPADVERTISING AND SALESMANSHIP
ADVERTISING AND SALESMANSHIP
Megha Madhusudhanan
 
Murtaza Alizai-Lecture 1.pptx
Murtaza Alizai-Lecture 1.pptxMurtaza Alizai-Lecture 1.pptx
Murtaza Alizai-Lecture 1.pptx
MuhammadMurtaza384161
 
Promotional strategies
Promotional strategiesPromotional strategies
Promotional strategies
Claudia Johnson-McDowell
 
Marketing communication strategy
Marketing communication strategyMarketing communication strategy
Marketing communication strategy
Yodhia Antariksa
 
Using advertising as a marketing tool
Using advertising as a marketing toolUsing advertising as a marketing tool
Using advertising as a marketing tool
BYB Marketing - Brand Yourself Better
 
Interactive Mmt
Interactive MmtInteractive Mmt
Interactive Mmtandresdja
 
PROMOTION
PROMOTIONPROMOTION
PROMOTION
ChristalynTan
 
Ch14 introto business
Ch14 introto businessCh14 introto business
Ch14 introto businessNatalia
 
Advertising
AdvertisingAdvertising
Advertising
mssd
 
Marketing prsentation
Marketing prsentationMarketing prsentation
Marketing prsentation
Navneet Shally
 
Managing integrated marketing communication
Managing integrated marketing communicationManaging integrated marketing communication
Managing integrated marketing communication
Saad Hossain Tapu
 

Similar to Rural marketing module 5 (20)

Chapter 9 Identifying Market Segments and Targets
Chapter 9 Identifying Market Segments and TargetsChapter 9 Identifying Market Segments and Targets
Chapter 9 Identifying Market Segments and Targets
 
Promotion Mix
Promotion MixPromotion Mix
Promotion Mix
 
Retail communication mix
Retail communication mixRetail communication mix
Retail communication mix
 
Retailcommunicationmix 120506022650-phpapp01
Retailcommunicationmix 120506022650-phpapp01Retailcommunicationmix 120506022650-phpapp01
Retailcommunicationmix 120506022650-phpapp01
 
Marketing
MarketingMarketing
Marketing
 
CHAPTER9.ppt
CHAPTER9.pptCHAPTER9.ppt
CHAPTER9.ppt
 
Designing and managing integrated marketing communications [autosaved]
Designing and managing integrated marketing  communications [autosaved]Designing and managing integrated marketing  communications [autosaved]
Designing and managing integrated marketing communications [autosaved]
 
IMC_All Chapter PPT.pptx
IMC_All Chapter PPT.pptxIMC_All Chapter PPT.pptx
IMC_All Chapter PPT.pptx
 
INTEGRATING MARKETING COMMUNICATION
INTEGRATING MARKETING COMMUNICATIONINTEGRATING MARKETING COMMUNICATION
INTEGRATING MARKETING COMMUNICATION
 
ADVERTISING AND SALESMANSHIP
ADVERTISING AND SALESMANSHIPADVERTISING AND SALESMANSHIP
ADVERTISING AND SALESMANSHIP
 
Murtaza Alizai-Lecture 1.pptx
Murtaza Alizai-Lecture 1.pptxMurtaza Alizai-Lecture 1.pptx
Murtaza Alizai-Lecture 1.pptx
 
Promotional strategies
Promotional strategiesPromotional strategies
Promotional strategies
 
Marketing communication strategy
Marketing communication strategyMarketing communication strategy
Marketing communication strategy
 
Using advertising as a marketing tool
Using advertising as a marketing toolUsing advertising as a marketing tool
Using advertising as a marketing tool
 
Interactive Mmt
Interactive MmtInteractive Mmt
Interactive Mmt
 
PROMOTION
PROMOTIONPROMOTION
PROMOTION
 
Ch14 introto business
Ch14 introto businessCh14 introto business
Ch14 introto business
 
Advertising
AdvertisingAdvertising
Advertising
 
Marketing prsentation
Marketing prsentationMarketing prsentation
Marketing prsentation
 
Managing integrated marketing communication
Managing integrated marketing communicationManaging integrated marketing communication
Managing integrated marketing communication
 

More from Roy Thomas

Rural marketing module 4
Rural marketing module 4Rural marketing module 4
Rural marketing module 4Roy Thomas
 
Rural marketing module 3
Rural marketing module 3Rural marketing module 3
Rural marketing module 3Roy Thomas
 
Rural marketing module 2
Rural marketing module 2Rural marketing module 2
Rural marketing module 2Roy Thomas
 
Rural marketing module 1
Rural marketing module 1Rural marketing module 1
Rural marketing module 1Roy Thomas
 
Product strategy and distribution strategy of financial services
Product strategy and distribution strategy of financial servicesProduct strategy and distribution strategy of financial services
Product strategy and distribution strategy of financial servicesRoy Thomas
 
Insurance & Banks
Insurance & BanksInsurance & Banks
Insurance & BanksRoy Thomas
 
Core banking and electronic clearance settlement system
Core banking and electronic clearance settlement systemCore banking and electronic clearance settlement system
Core banking and electronic clearance settlement systemRoy Thomas
 
Information technology
Information technologyInformation technology
Information technologyRoy Thomas
 
Inventory management
Inventory managementInventory management
Inventory managementRoy Thomas
 
International fm,b
International fm,bInternational fm,b
International fm,bRoy Thomas
 
International financial management
International financial managementInternational financial management
International financial managementRoy Thomas
 
New trends in indian banking system
New trends in indian banking systemNew trends in indian banking system
New trends in indian banking systemRoy Thomas
 
Dynamic programming 2
Dynamic programming 2Dynamic programming 2
Dynamic programming 2Roy Thomas
 
Operational Research
Operational ResearchOperational Research
Operational ResearchRoy Thomas
 

More from Roy Thomas (20)

Rural marketing module 4
Rural marketing module 4Rural marketing module 4
Rural marketing module 4
 
Rural marketing module 3
Rural marketing module 3Rural marketing module 3
Rural marketing module 3
 
Rural marketing module 2
Rural marketing module 2Rural marketing module 2
Rural marketing module 2
 
Rural marketing module 1
Rural marketing module 1Rural marketing module 1
Rural marketing module 1
 
Product strategy and distribution strategy of financial services
Product strategy and distribution strategy of financial servicesProduct strategy and distribution strategy of financial services
Product strategy and distribution strategy of financial services
 
Insurance & Banks
Insurance & BanksInsurance & Banks
Insurance & Banks
 
Core banking and electronic clearance settlement system
Core banking and electronic clearance settlement systemCore banking and electronic clearance settlement system
Core banking and electronic clearance settlement system
 
Core Banking
Core BankingCore Banking
Core Banking
 
Information technology
Information technologyInformation technology
Information technology
 
Inventory management
Inventory managementInventory management
Inventory management
 
Derivatives
DerivativesDerivatives
Derivatives
 
International fm,b
International fm,bInternational fm,b
International fm,b
 
Group 4(iii)
Group 4(iii)Group 4(iii)
Group 4(iii)
 
Group 4(ii)
Group 4(ii)Group 4(ii)
Group 4(ii)
 
International financial management
International financial managementInternational financial management
International financial management
 
New trends in indian banking system
New trends in indian banking systemNew trends in indian banking system
New trends in indian banking system
 
Ob 01
Ob 01Ob 01
Ob 01
 
Or ppt,new
Or ppt,newOr ppt,new
Or ppt,new
 
Dynamic programming 2
Dynamic programming 2Dynamic programming 2
Dynamic programming 2
 
Operational Research
Operational ResearchOperational Research
Operational Research
 

Recently uploaded

一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
taqyed
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
BeMetals Presentation_May_22_2024 .pdf
BeMetals Presentation_May_22_2024   .pdfBeMetals Presentation_May_22_2024   .pdf
BeMetals Presentation_May_22_2024 .pdf
DerekIwanaka1
 
Buy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star ReviewsBuy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star Reviews
usawebmarket
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
awaisafdar
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
Nicola Wreford-Howard
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
tanyjahb
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
LR1709MUSIC
 
5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer
ofm712785
 
Skye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto AirportSkye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto Airport
marketingjdass
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
Erika906060
 
amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
marketing317746
 
ENTREPRENEURSHIP TRAINING.ppt for graduating class (1).ppt
ENTREPRENEURSHIP TRAINING.ppt for graduating class (1).pptENTREPRENEURSHIP TRAINING.ppt for graduating class (1).ppt
ENTREPRENEURSHIP TRAINING.ppt for graduating class (1).ppt
zechu97
 
20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf
tjcomstrang
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
Cynthia Clay
 
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-indiafalcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
Falcon Invoice Discounting
 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
creerey
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
agatadrynko
 
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n PrintAffordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Navpack & Print
 
Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...
Lviv Startup Club
 

Recently uploaded (20)

一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
BeMetals Presentation_May_22_2024 .pdf
BeMetals Presentation_May_22_2024   .pdfBeMetals Presentation_May_22_2024   .pdf
BeMetals Presentation_May_22_2024 .pdf
 
Buy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star ReviewsBuy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star Reviews
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
 
5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer
 
Skye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto AirportSkye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto Airport
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
 
amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
 
ENTREPRENEURSHIP TRAINING.ppt for graduating class (1).ppt
ENTREPRENEURSHIP TRAINING.ppt for graduating class (1).pptENTREPRENEURSHIP TRAINING.ppt for graduating class (1).ppt
ENTREPRENEURSHIP TRAINING.ppt for graduating class (1).ppt
 
20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-indiafalcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
 
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n PrintAffordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n Print
 
Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...
 

Rural marketing module 5

  • 1. MODULE 5 Promotion Strategy Promotion is the process of marketing communication to inform, persuade, remind and influence consumers or users in favor of your product or service.
  • 2. ELEMENTS OF RETAIL PROMOTIONAL MIX  Advertising  Public Relations  Personal selling  Sales promotion
  • 3. ADVERTISING  Advertising is paid, non-personal communication transmitted through out-of-store mass media by an identified sponsor.4 aspects of this definition merit clarification:  Paid form  Non-personal presentation  Out-of-store mass media  Identified sponsor
  • 4. OBJECTIVES  Lifting short-term sales  Increasing customer traffic  Developing and/or reinforcing a retail image  Informing customers about goods and services and/or company attributes  Easing the job for sales personnel  Developing demand for private brands
  • 5. ADVANTAGES  A large audience is attracted.  The cost per viewer, reader,or listener are low.  A number of alternative media are available.  The retailer has control over message content, graphics, timing, and size.  In print media, a message can be studied and restudied by the target market.
  • 6. CONTD:  Editorial content often surrounds an ad.  Self-service or reduced-service operations are possible since a customer becomes aware of a retailer and its offerings before shopping.
  • 7. DISADVANTAGES  Standardized messages lack flexibility  Some media require large investments  Media may reach large geographic areas, and for retailers, this may be wasteful.  Some media require a long lead time for placing ads.  Some media have a high throwaway rate.
  • 8. TYPES OF ADVERTISING  Content method  Payment method
  • 9. CONTENT METHOD  Pioneer messages  Competitive message  Reminder message  Institutional message
  • 10. MANNER OF PAYMENT  Full payment by retailer  Cooperative advertising  Vertical  horizontal
  • 11. PUBLIC RELATIONS  Public relations entails any communication that fosters a favorable image for the retailer among its publics. it may be Non personal or personal, paid or non paid and sponsor controlled or non controlled.
  • 12. OBJECTIVES  Increase awareness of the retailer and its strategy mix.  Maintain or improve the company image.  Show the retailer as a contributor to the community’s quality of life.  Demonstrate innovativeness.  Present a favorable message in a highly believable manner.  Minimize total promotion costs.
  • 13. ADVANTAGES  An image can be presented or enhanced.  A more credible source presents the message.  There are no costs for message time or space.  A mass audience is addressed.  Carryover effects are possible.  People pay more attention to news stories than to clearly identified ads.
  • 14. DISADVANTAGES  Some retailers do not believe in spending any funds on image-related communication.  There is little retailer control over a publicity message and its timing, placement, and coverage by a given medium.  It may be more suitable for short-run, rather than long-run, planning.  Although there are no media costs for publicity, there are costs for a public relations staff, planning activities, and the activities themselves.
  • 15. PERSONAL SELLING  Personal selling is the art of convincing the prospects to buy the given products or services. It is the wit act of persuasion. It is the ability to handle the people to dandle the products. It is the ability to convert human needs into wants.
  • 16. OBJECTIVES  Persuade customers to buy.  Stimulate sales of impulse items or product related to customers’ basic purchases.  Complete customer transactions.  Feed back information to company decision makers.  Provide proper levels of customer service.  Improve and maintain customer satisfaction.  Create awareness of the items also marketed through web.
  • 17. ADVANTAGES  A salesperson can adapt a message to the needs of the individual customer.  A salesperson can be flexible in offering ways to address customer needs.  The attention span of the customer is higher than with advertising.  There is less waste; most people who walk into a store are potential customers.  Customers respond more often to personal selling than to ads.  Immediate feedback is provided.
  • 18. DISADVANTAGES  Only a limited number of customers can be handled at a given time.  The costs of interacting with each customer can be high.  Customers are not initially lured into a store through personal selling  Self-service may be discouraged.  Some customers may view salespeople as unhelpful and as too aggressive.
  • 19. SALES PROMOTION  Sales promotion encompasses the paid communication activities other than advertising, public relations, and personal selling that stimulate consumer purchases and dealer effectiveness.
  • 20. OBJECTIVES  Increasing short-term sales volume.  Maintaining customer loyalty.  Emphasizing novelty.  Complementing other promotion tools.
  • 21. ADVANTAGES  It often has eye-catching appeal.  Themes and tools can be distinctive.  The consumer may receive something of value, such as coupons or free merchandise.  It helps draw customer traffic and maintain loyalty to the retailer.  Impulse purchases are increased.  Customers can have fun, particularly with promotion tools such as contests and demonstrations.
  • 22. DISADVANTAGES  It may be hard to terminate certain promotions without adverse customer reactions.  The retailer’s image may be hurt if trite promotions are used.  Frivolous selling points may be stressed rather than the retailer’s product assortment, prices, customer services, and other factors.  Many sales promotions have only short-term effects.  It should be used mostly as a supplement to other promotional forms.
  • 23. PLANNING A RURAL PROMOTIONAL STRATEGY  Determining promotional objectives  Establishing an overall promotional budget  Selecting the promotional mix  Implementing the promotional mix  Reviewing and revising the promotional plan
  • 24. APPROPRIATE MEDIA  Media Selection  1.The financial allocation for advertising.  2.The nature of the product and the demand for it.  3. The type of prospects, their location and other characteristics.  4. The nature of competition and the extent of coverage required.  5. Cost of media, co-operation and promotional aids offered by media, media circulation.
  • 25. CHARACTERISTICS OF IMPORTANT MEDIA  1. Mural Advertising  2. Press Advertising  3. Film Advertising  4. Radio Advertisement  5. Television Advertisement  6. Transit Advertising  7. Direct Mail
  • 26. RURAL SPECIFIC MEDIA  1. Music CD’s  2. Puppetry  3. Folk Theater  4. Interpersonal Media  5. Group Meeting  6. House-to-House Campaign  7. Field Demonstrations:  8. AV Vans  9 Wall Paintings
  • 27. CONSTRAINTS IN RURAL COMMUNICATION  1. Low Literacy Rate  2. Low Spending Capacity  3. Joint Families and Strong Kinship Ties  4. Linguistic and Socio-cultural Differences  5. Unique Media Habits  6. Situation Based Leisure Time Activities  7. Expensive Communication  8. Poor Infrastructure  9. Lack of Research Data  10. Selective Attention
  • 28. DISTRIBUTION CHANNEL  Distribution channel performs various tasks necessary to promote sales of products and services to the ultimate customers.
  • 29.  Selling  Assorting  Financing  Storage  Sorting  Grading  Transportation  Market Information  Risk-taking
  • 32.
  • 33. METHODS OF DISTRIBUTION  1. Stockist’s Van / Company Owned Vehicles  2. Hired Vehicles  3. Working by Independent Stockist  4. Selling Through Bullock Cart / Camel / Boat  5. Appointment of Primary Dealers  6. Using Urban Wholesalers
  • 34. PROBLEMS OF RURAL DITRIBUTION  1. Transportation Problems:)  2. Warehousing Problems:)  3. Communication Problems:  4. Non-Availability of Dealers:  5. Greater Dependence on Dealers  6. Higher Cost and Administrative Problems  7. Poor Viability of Retail Outlets
  • 35. RURAL RETAILER BEHAVIOUR  Seasonal Pattern:  1. Transfer of Capital  2. Credit Pattern  3. Purchasing Cycle