Components of the promotion mix:-
Promotion Mix comprises 5 elements
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.