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Promotion
May Hu
What is promotion?
It is equal to the marketing communications. It relates to the products or services of the communications products.Promotion is an element of the marketing mix.Aims to promote, influence and convince customers to buy or use a specific communication technology.
Advantages
1. Advertising• Wide coverage• Control of
message• Repetition
means that the message can be communication
• Can be used to build brand loyalty
2. Personal selling• High customer
attention• Message is
customized• Interactivity• Persuasive impact• Potential for
development of relationship
• Adaptable• Opportunity to close
the sale
3. Sales promotion
• Effective at achieving a quick boost to sales
• Encourages customers to trial a product or switch brands.
4. Merchandising• Displaying products
to maximize sales
• Operates at the ‘point-of-sale’
5. Public relations• Can achieve
favorable publicity about the business
• Can communicate effectively with customers and other stakeholders
• Can build the image and reputation of the business and its products, particularly amongst customers
6. Sponsorship• Sponsoring
events that appeal to their market are likely to shape buying attitudes and help generate a positive reaction.
• Promotes the 'Brand Image
7. Direct Marketing• Concentrate its limited resources, targeted
publicity• You can personalize the marketing message• Relatively easy to measure the response and
success• Easy to test different marketing messages• Cost-effective, customer database management
What is branding? Branding is establishing an identity for a product that distinguishes it from competitors.The adoption of values, image, awareness, recognition, quality, features, benefits and name for a product.A brand is the sum of the characteristics of a product perceived by user.
Why brand?• To differentiate the product• To aid advertising• To build loyalty• To facilitate recall• To communicate value of the
product• To target segments• To aid recognition• To protect the product• To promote the product• To convey the image of the
product
5 products brandedPepsi&Coke
Chanel
MacBook
PlayStation 3
IPad
Competitive – to point out differential advantages
5 Ms of advertising
• Mission – objectives
• Message – to be delivered
• Media – choice of advertising media
• Measure – measuring the impact
• Money – to pay for the campaign
1.Print media – newspaper and magazines
Advantages:• Widely read• Short lead time• Local. Regional and
national papers available
• Color printing adds to impact
• Inexpensive compared to television
Disadvantages:• Short life • Low impact• Not every group
reads a paper• High costs
especially for national newspaper
3. Radio Advantages:• Relatively
inexpensive• Can target
specific segment
• Relatively mobile
• local
Disadvantage: • Limited impact• No vision• Short life• Listener’s
attention limited• Audio wallpaper• Mainly local
rather than national
2. Television Advantage & Disadvantages
Advantages:• Large audience• Low cost per exposure• High impact – color,
sound and movement• Can target specific
groups
Disadvantage:• Very high overall cost• Limited prime time
space• Short-lived• May not be watched –
visual wallpaper• Proliferation of
channels• Reduces audience• Conveys only a
limited message
4. Cinema
Advantages:• High impact• Captive audience• Can be specifically
targeted• Local audience• Visual,
sound, ,movement
Disadvantages:• Limited audience• Mainly young
audience• Short lived
message• May only be seen
once
5. Outdoor
Advantages:• Repeatedly seen• Target particular
area• May encourage
impulse buying if close to shops
• Local media
Disadvantage:• Message must be
short and simple• Cannot target
socio economic groups
• Rarely attract full attention
• Short lived• Difficult to
measure effectiveness
6. Internet
Advantages:• Cheap• Easy to set up• Easily updated• Number of hits
can be monitored – useful measure of effectiveness
Disadvantages:• Problems of
connecting• Limited audience• Technical problems• Banner adverts not
very effective• Search engine listing
can be costly
TV commercials
TV styles are unique. This commercials show good quality and benefits of products. They also provide a lot of useful information about products. People will be interested in these products because of these advertisements. It also show how delicious the cereals are.