Components of the promotion mix, Marketing Management

Assignment Help:

Components of the promotion mix:-

Promotion Mix comprises 5 elements

1504_Components of the promotion mix.png

i) Advertisement: - It is a non personal appearance of presentation of Good, Ideas, Services by an identified sponsor.

Role of advertisement: -        a) For speedy communication.

b) For communication with masses.

c) For promotion of consumer goods.

ii)Personal selling: - Oral presentation for the function of sale.

Role of personal selling:-       a) For marketing of industrial and technical goods.

b) For the little targeted audience.

c) For costly goods.

iii)Sales promotion: - An instantaneous inducement that adds extra value to the product.

Role of sales Promotion:-      a) Middleman-oriented-sales promotion.

b) For seasonal goods.

c) For immediate increase in sales.

iv)Publicity: - Mgt. of fun that assists public to understand the policies of the organization.

Role of Publicity: -                a) Non-paid formed more credible.

b) Build positive image in mind of ultimate customer.

c) Image is more objective as well as place more confidence.

v) Direct Marketing:- Direct communication with target audience to obtain immediate response and to develop long lasting relationship with the customer.


Related Discussions:- Components of the promotion mix

Explain the types of advertising appeal, Question 1: (a) Organisations...

Question 1: (a) Organisations make use of advertisements to promote its products and services. Explain the types of advertising appeal that are used. (b) Civil Society Org

Illustrate the main roles of communication, Illustrate the main roles of co...

Illustrate the main roles of communication At a fundamental level, communication can assume one of four main roles: 1.  It can inform and make potential customers aware of a

Consumers confound marketers, Identify all the environment factors that can...

Identify all the environment factors that can affect the demand for consumer durables and assess the magnitude and direction for their impact

Henry Assael Model of buying decision behaviour, explain Henry Assael Model...

explain Henry Assael Model of buying decision behaviour along with diagram

Process of the positioning, Process of the positioning: Step 1: compet...

Process of the positioning: Step 1: competitor's identification: this step requires broad thinking. Competitors may not be just those, whose products and or brands fall into

BCG matrixand GE grid, analyse the product portfolio using the Boston Cons...

analyse the product portfolio using the Boston Consulting group matrix and the General Electric grid.

Using email marketing for non profit organization, oxfam used HTML in the i...

oxfam used HTML in the its first email, video in the second, audio in the third. Evaluate the use of different email format for this type of message and consider the sequencing of

Describe the functions of channel of distributions, Describe the functions ...

Describe the functions of channel of distributions Principally a channel of distribution performs the below functions: (a) It helps in establishing a regular contact with cu

Total ordering and holding costs, A manufacturing company has determined fr...

A manufacturing company has determined from an analysis from its accounting and its production data for a certain part that its demand is 9000 units/annum and is uniformly distribu

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd