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

Marketing philosophies, the advandages and disadvantages of marketing philo...

the advandages and disadvantages of marketing philosophies.

Match supply with demand in a profitable manner, Question: By the early 70'...

Question: By the early 70's you realised the market for toys in the US is about to change. What strategies would you recommend for the future (next 10 years) in terms of new produc

What is local marketing, What is Local Marketing? Local Marketing: ...

What is Local Marketing? Local Marketing: As marketing programmes are designed to cater the requirements and wants of local customer groups (as trading areas, individual

When addressing objectives in an organization, Question 1: (a) What are...

Question 1: (a) What are the qualities that are required for a PR Practionner? (b) What is a corporate image? (c) What in particular distinguishes propag

Explain in detail about the marketing communications, Explain in detail abo...

Explain in detail about the Marketing communications Marketing communications provides the means by which organisations and brands are presented to their audiences. Goal is to

Steps involved in the decision-making process, Question 1: The situatio...

Question 1: The situation confronting all managers in various industries, while dramatic, is not unique. The work of all managers is affected by two main environments: the exte

Evaluate the customers buying decision process, Question 1: Select any ...

Question 1: Select any banking service company that you are familiar with and show how each of the four elements of integrated service management applies to the company. Qu

Presentation on event planning group, The Company President has asked your ...

The Company President has asked your 'event planning group' to prepare a report and presentation on a possible 4 day 'get-away' for the company's TOP GUN sales leaders as of Decemb

Size of an advertising agency, Size of an advertising agency Size:- B...

Size of an advertising agency Size:- Both large size-agencies as well as small size agencies are available each has its own merits and demerits. Large-agencies have broad ran

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