Reference no: EM131264062
Discuss the elements of the promotional mix. The elements of the promotional mix include advertising, public relations, sales promotion, and personal selling. Advertising is a form of impersonal, one-way mass communication paid for by the source. Public relations is the function of promotion concerned with a firm's public image. Sales promotion is typically used to back up other components of the promotional mix by stimulating immediate demand.
Finally, personal selling typically involves direct communication, in person or by telephone; the seller tries to initiate a purchase by informing and persuading one or more potential buyers
1. As the promotional manager for a new line of cosmetics targeted to preteen girls, you have been assigned the task of deciding which promotional mix elements-advertising, public relations, sales promotion, and personal selling-should be used in promoting it. Your budget for promoting the preteen cosmetics line is limited.
Write a promotional plan explaining your choice of promotional mix elements given the nature of the product, the stage in the product life cycle, the target market characteristics, the type of buying decision, available funds, and the use of a pull or push strategy.
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Describe the communication process
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Taylorism and toyotas version of lean
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What was the amount of cash that the craft shop paid
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Write a promotional plan
: Write a promotional plan explaining your choice of promotional mix elements given the nature of the product, the stage in the product life cycle, the target market characteristics, the type of buying decision, available funds, and the use of a pul..
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Discuss the aida concept
: Discuss the AIDA concept. - How do these different stages of consumer involvement affect the promotional mix?
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Discuss the concept of integrated marketing communications
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What is the contribution margin ratio for bert company
: Bert Company budgets sales of $900,000, fixed costs of $36,500, and variable costs of $162,000. What is the contribution margin ratio for Bert Company?
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