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Chapter 31: Using the marketing mix Promotion

Chapter 31: Using the marketing mix Promotion. What is promotion? The process of communicating with customers or potential customers Can be informative

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Page 1: Chapter 31: Using the marketing mix Promotion. What is promotion? The process of communicating with customers or potential customers Can be informative

Chapter 31: Using the marketing mix

Promotion

Page 2: Chapter 31: Using the marketing mix Promotion. What is promotion? The process of communicating with customers or potential customers Can be informative

What is promotion?• The process of communicating with customers or

potential customers• Can be informative (intended to increase consumer

awareness of the product and its features)• Can also be persuasive (intended to encourage

consumers to purchase the product, usually through messages that emphasise its desirability)

• Often categorised in 2 ways: Above-the-line promotions (advertising through media (newspapers, tv, radio, the cinema, posters) or Below-the-line promotions (all other promotions such as public relations, merchandising, sponsorship, direct marketing, personal selling and competitions)

Page 3: Chapter 31: Using the marketing mix Promotion. What is promotion? The process of communicating with customers or potential customers Can be informative

Aims of Promotion - AIDA

• Attention – first step in a promotional strategy is to get the attention of the consumer

• Interest – gain the interest of the consumers, make the consumers want to find out more about the product

• Desire – provide the consumer with more specific reasons for purchasing the product

• Action – converting desire on the part of the consumer into the action of purchasing the product.

Page 4: Chapter 31: Using the marketing mix Promotion. What is promotion? The process of communicating with customers or potential customers Can be informative

Elements of the promotional mix

• Public Relations (PR) – gaining favourable publicity through the media

• Branding• Merchandising – attempts to persuade consumer to

take action at the ‘point of sale’ (PoS)• Sales Promotions• Direct Selling (direct mail, telephone, door-to-door,

personal selling)• Advertising• Sponsorship• Trade Fairs and Exhibitions

Page 5: Chapter 31: Using the marketing mix Promotion. What is promotion? The process of communicating with customers or potential customers Can be informative

Influences on the choice of promotional mix

• Objectives of the campaign

• Costs and budgets

• The target market

• The balance of promotions in a campaign

• Legal factors

• External factors