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marketing promotion

QuestionAnswer
promotion where marketing activities aim to raise customer awareness of a product or brand generating sales and helping create brand loyalty
aims of promotions > to inform people about particular issues (used by gov) >to introduce new product on market >to compete with competitors products >to create a brand image >to increase sales >to improve company image
advertising paid for communication w potential customers about a product to encourage them to buy it
informative A where emphasis of advertising or sales promotion is to give full info about product
persuasive A where advertising or promotion is trying to persuade consumer that they really need the product and should buy it
target audience where to people who are potential buyers of product/service
+ and - of TV + go out to million p + can be shown in v. favourable way, attractive +reaches biggest no. of customers + target audience at time when likely to wathc -v. expensive + young consumers may not watch used in food products and drinks, cars and household
radio +, - + cheaper than television + usually reaches lard audience +often uses a memorable song/tune that the advert will be remebered -cannot put visual -quite expensive compared -advert needs to be memorable cannot look back -not as wide audience
newspapers + - +often bought by specific customers +large number of ppl purchase +cheap + permanent + lot of info can be put -only in b&w not eye catching -not as attention grabbing -many young ppl do not read
magazines + - + specific person reads +colour and attractive -only published once a month or week -more expensive than newspapers
posters/billboards + - +permanent +cheap +they are potentailly seen by everyone -can easily be missed -no detailed info
cinema, dvd, discs + - +can give visual image + show positively +relatively law cost +can be effective for target audience specific -seen only by limited
leaflets + - +cheap +wide range of ppl +direct mail +money off voucher *permanent and can be kept -may not be read -can be annoying
internet + - +seen by vast no. of ppl +orders can be made instantly via website +direct mail sent via mail is cheap -internet searches may not highlight website -internet access is limited -lot of competition from other websites -security issues may discourage
sales promotion incentives, such as special offers/special deals aimed at consumers to achieve short term increase in sales
eg of sales promtoion BOGOF Price reductions Competitions Point of Sale Displays Free Samples Product Placement
advantage of sales promotion l +can promote sales at time of year when traditionally low (christmas) +encourages new and existing consumers to try new product +encourages to buy more often or in greater wuantuty +encourage consumers to buy product instead of comepeting
Created by: elisseu
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