From Wikipedia, the free encyclopedia Jump to navigation Jump to search In marketing, the promotional mix describes a blend of promotional variables
chosen by marketers to help a firm reach its
goals.[1][2][3][4][5] It has been identified as a subset of the marketing
mix.[1] It is believed that there is an optimal way of allocating budgets for the different elements within the promotional mix to achieve best marketing results, and the challenge for marketers is to find the right mix of them. Activities identified as elements of the promotional mix vary, but typically include the following: - Advertising is the paid presentation and promotion of ideas, goods, or services by an identified sponsor in a mass medium. Examples include print ads, radio, television, billboard, direct mail, brochures and catalogs, signs, in-store displays, posters, mobile apps, motion pictures, web pages, banner ads,
emails.[1][2][4][5]
- Personal selling is the process of helping and persuading one or more prospects to purchase a good or service or to act on any idea through the use of an oral presentation, often in a face-to-face manner or by telephone. Examples include sales presentations, sales meetings, sales training and incentive programs for intermediary salespeople, samples, and
telemarketing.[1][2][3][4][5]
- Sales Promotion is media and non-media marketing communication used for a pre-determined limited time to increase consumer demand, stimulate market demand or improve product availability. Examples include coupons, sweepstakes, contests, product
samples, rebates, tie-ins, self-liquidating premiums, trade shows, trade-ins, and
exhibitions.[1][2][4][5] Corporate giveaway items, sometimes called swag, can be included within product samples and distributed to participants at an event for promotional purposes.
- Public relations or
publicity is information about a firm's products and services carried by a third party in an indirect way. This includes free publicity as well as paid efforts to stimulate discussion and interest. It can be accomplished by planting a significant news story indirectly in the media, or presenting it favorably through
press releases or corporate anniversary parties. Examples include newspaper and magazine articles, TVs and radio presentations, charitable contributions, speeches, issue advertising,
seminars.[1][2][4] Word of mouth is also a type of publicity, which transform from the
person-to-person storytelling to social media influencers, or bloggers promotions today. [6]
- Direct Marketing is a channel-agnostic form of advertising that allows businesses and nonprofits to communicate directly to the customer, with methods such as mobile messaging,
email, interactive consumer websites, online display ads, fliers, catalog distribution, promotional letters, and outdoor advertising.
- Corporate image campaigns have been considered as part of the promotional mix.[4]
- Sponsorship of an event, contest or race is a way to generate publicity.[4]
- Guerrilla marketing tactics are unconventional ways to
bring attention to an idea, product or service, such as by using graffiti, sticker bombing, posting flyers, using flash mobs, doing viral marketing campaigns, or other methods using the Internet in unexpected ways.[1]
- Product placement is paying a movie
studio or television show to include a product or service prominently in the movie or show.[1]
- Digital marketing is the marketing of products or services using digital technologies, mainly on the Internet, but also including mobile phones, display
advertising, and any other digital medium.[7]
See also[edit]- Advertising
- Advertising campaign
- Advertising management
- Advertising media
- Advertising media selection
- Advertising research
- Audience measurement
- Brand awareness
- Branded content
- Consumer
behaviour
- DAGMAR
- Digital marketing
- Digital promotion
- Integrated marketing communications
- Marketing
- Marketing communications
- Media planning
- Media buying
- Native advertising
- Online advertising
- Promotion (marketing)
- Sales promotion
References[edit]- ^ a
b c d e
f g h Contemporary Marketing 2011 (textbook), Louis Boone, David Kurtz, Cengage Learning, Jan 1, 2010,
Elements of the promotional mix, Retrieved Aug. 26, 2014
- ^ a
b c d
e Essentials of Marketing, Charles Lamb, Joe Hair, Carl McDanie, Cengage Learning, Jan 1, 2011, Discuss the elements of the promotional mix,
Retrieved Aug. 26, 2014, (see page 514+)
- ^ a b Sales Promotion: How to Create, Implement and Integrate Campaigns that Really Work, Roddy Mullin, Kogan Page Publishers, Apr 3, 2010,
The Promotional Mix, Retrieved Aug. 26, 2014, (see page 30+)
- ^ a
b c d
e f g Harrell, Gilbert D. (2008). Marketing: Connecting with
Customers. Chicago Education Press. p. 286. ISBN 9780979830402.
- ^ a b c
d Small Business Management: Launching and Growing Entrepreneurial Ventures, Justin Longenecker, J. Petty, Leslie Palich, Frank Hoy, Cengage Learning, Sep 27, 2011,
The Promotional Mix, Retrieved Aug. 26, 2014, "...how a business combines its promotional methods...blend of nonpersonal, personal, and special forms of communication aimed at a target market..."
- ^ "Promotion | Boundless Business". courses.lumenlearning.com. Retrieved
2020-11-18.
- ^ "Digital marketing", Wikipedia, 2019-01-15, retrieved
2019-01-21
Advertising is any paid form of nonpersonal presentation and promotion of ideas, goods, or services by an identified sponsor. Advertising is paid, nonpersonal communication through various media by business firms, nonprofit organizations and individuals who are in some way identified in the advertising message.
The direct responsibility of marketing public relation (MPR) is to support corporate and product branding activities. MPR is an efficient tool in building awareness by generating stories in media.
Advertising. Advertising is a paid form of non-personal communication about an organization, good, service, or idea, by an identified sponsor. Advertising can be done by mass media including TV, radio, and magazines.
1. Understand And Know Your Target Audience. The first step in establishing the best marketing communications system for your business is to know your target audience intimately.
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