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Created by
Micah owen
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Cards (37)
What is the fourth P of the marketing mix?
Promotion
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What is the purpose of promotional strategies?
To raise
awareness
and reach customers
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What are the common forms of advertisements?
TV
and
social media
ads
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What is an integrated promotional strategy?
A combination of various promotional
elements
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What is the promotional mix?
A combination of promotional
tools
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How do businesses create their promotional mix?
By selecting tools relevant to their
audience
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What are the six key tools in the promotional mix?
Advertising
,
PR
, personal selling, direct marketing, sales promotion,
social media marketing
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What is advertising?
A paid non-personal form of promotion
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What channels can advertising use?
Magazines, newspapers,
TV
, radio,
online
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What is the focus of public relations (PR)?
Building a positive image of a
business
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How can PR increase sales?
Through
media coverage
and community involvement
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Where does online public relations primarily occur?
On
social media
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What is personal selling?
Direct interaction between
salesperson
and customer
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What is direct marketing?
Communicating directly with
potential customers
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What methods can direct marketing use?
Mail
,
telephone
, or
email
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What are sales promotions?
Short-term
incentives
to boost sales
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When do sales promotions typically occur?
During
special events
or holidays
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What is social media marketing?
Promoting
products
through social media
platforms
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How do businesses use social media marketing?
By posting content and engaging with
followers
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What do the terms above the line and below the line refer to?
Mass media
vs.
targeted
promotional tools
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What are above the line tools?
Mass media
promotional tools
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What are below the line tools?
Promotional tools
targeted
at smaller groups
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Why are below the line tools typically more effective?
They offer a better
return on investment
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What does tracking the success of advertisements allow businesses to do?
Refine campaigns and understand
ROI
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What does the promotional mix refer to?
A
combination
of promotional tools
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What is the goal of public relations?
To develop a positive image of the
enterprise
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What is the primary focus of online public relations?
Engaging with
customers
on
social media
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What is the role of personal selling?
To sell
products
through direct interaction
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What is the purpose of direct marketing?
To promote
products
directly to customers
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What are the characteristics of sales promotions?
Short-term
incentives
to boost sales
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How do businesses maintain brand profiles in social media marketing?
By posting content and engaging
followers
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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
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Why are below the line tools often more effective?
They typically offer a better
return on investment
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What does tracking advertisements help businesses understand?
Return on investment (ROI)
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What are the key components of the promotional mix?
Advertising
Public Relations
(PR)
Personal Selling
Direct Marketing
Sales Promotion
Social Media Marketing
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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
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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
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