Promotion

Cards (37)

  • What is the fourth P of the marketing mix?
    Promotion
  • What is the purpose of promotional strategies?
    To raise awareness and reach customers
  • What are the common forms of advertisements?
    TV and social media ads
  • What is an integrated promotional strategy?
    A combination of various promotional elements
  • What is the promotional mix?
    A combination of promotional tools
  • How do businesses create their promotional mix?
    By selecting tools relevant to their audience
  • What are the six key tools in the promotional mix?
    Advertising, PR, personal selling, direct marketing, sales promotion, social media marketing
  • What is advertising?
    A paid non-personal form of promotion
  • What channels can advertising use?
    Magazines, newspapers, TV, radio, online
  • What is the focus of public relations (PR)?
    Building a positive image of a business
  • How can PR increase sales?
    Through media coverage and community involvement
  • Where does online public relations primarily occur?
    On social media
  • What is personal selling?
    Direct interaction between salesperson and customer
  • What is direct marketing?
    Communicating directly with potential customers
  • What methods can direct marketing use?
    Mail, telephone, or email
  • What are sales promotions?
    Short-term incentives to boost sales
  • When do sales promotions typically occur?
    During special events or holidays
  • What is social media marketing?
    Promoting products through social media platforms
  • How do businesses use social media marketing?
    By posting content and engaging with followers
  • What do the terms above the line and below the line refer to?
    Mass media vs. targeted promotional tools
  • What are above the line tools?
    Mass media promotional tools
  • What are below the line tools?
    Promotional tools targeted at smaller groups
  • Why are below the line tools typically more effective?
    They offer a better return on investment
  • What does tracking the success of advertisements allow businesses to do?
    Refine campaigns and understand ROI
  • What does the promotional mix refer to?
    A combination of promotional tools
  • What is the goal of public relations?
    To develop a positive image of the enterprise
  • What is the primary focus of online public relations?
    Engaging with customers on social media
  • What is the role of personal selling?
    To sell products through direct interaction
  • What is the purpose of direct marketing?
    To promote products directly to customers
  • What are the characteristics of sales promotions?
    Short-term incentives to boost sales
  • How do businesses maintain brand profiles in social media marketing?
    By posting content and engaging followers
  • What is the difference between above the line and below the line tools?
    Above the line targets mass media, below the line targets smaller groups
  • Why are below the line tools often more effective?
    They typically offer a better return on investment
  • What does tracking advertisements help businesses understand?
    Return on investment (ROI)
  • What are the key components of the promotional mix?
    • Advertising
    • Public Relations (PR)
    • Personal Selling
    • Direct Marketing
    • Sales Promotion
    • Social Media Marketing
  • What are the differences between above the line and below the line promotional tools?
    Above the Line:
    • Mass media tools
    • Broad reach and frequent exposure

    Below the Line:
    • Targeted tools
    • Better return on investment
  • What are the advantages and disadvantages of using above the line and below the line tools?
    Advantages of Above the Line:
    • High visibility
    • Broad audience reach

    Disadvantages of Above the Line:
    • Higher costs
    • Less targeted

    Advantages of Below the Line:
    • More targeted
    • Better ROI

    Disadvantages of Below the Line:
    • Limited reach
    • May require more effort