Upgrade to remove ads
Busy. Please wait.
Log in with Clever
or

show password
Forgot Password?

Don't have an account?  Sign up 
Sign up using Clever
or

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.

Marketing Essentials Promotion

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
        Help!  

Term
Definition
Promotion   any form of communication a business or organization uses to inform, persuade, or remind people about its products or improve its public image.  
🗑
Promotional Mix   the combination of the different types of promotion a business or organizations uses to promote its products  
🗑
Product Promotion   used to convince potential customer to buy their products instead of buying from a competitor  
🗑
Institutional Promotion   used by a business to create a favorable image for itself, as opposed to promoting a product or service  
🗑
Five basic categories of the Promotional Mix   Personal Selling, Advertising, Direct Marketing, Sales, Promotion, and Public Relations  
🗑
Personal Selling   requires that a company employ sales representatives who generate and maintain direct contact with prospects and customers. It is one of the costliest forms of promotion.  
🗑
Advertising   a form of non-personal promotion. Companies pay to promote ideas, goods, or services in a variety of media outlets.  
🗑
Direct Marketing   type of advertising directed to a targeted group of prospects and customers rather than to a mass audience.  
🗑
Sales Promotion   used to stimulate purchasing and sales. The objectives are to increase sales, inform potential customers about new products, and create a positive business or corporate image.  
🗑
Public Relations   activities enable an organization to influence a target audience. Often, public relations campaigns try to create a favorable image for a company, its products, or its policies.  
🗑
Push Policy   Promotional mix developed for the next partner in the distribution channel, to convince a retailer to stock the products being promoted.  
🗑
Pull Policy   Promotional mix developed to reach the consumer, creates consumer demand for a product to get the products into the retail stores.  
🗑
Sales Promotion   Incentives that encourage customers to buy products or services  
🗑
Trade Promotions   Designed to gain manufacturers, wholesalers, and retailers support for a product  
🗑
Promotional Allowances   a cash payment or discounts given by manufacturers to wholesalers or retailers for performing activities to encourage sales  
🗑
Cooperative Advertising   A manufacturer supports the retailer by helping to pay for the cost of advertising its product locally  
🗑
Slotting Allowances   a cash premium paid for placing a product on a retailer’s shelves  
🗑
Sales Force Promotions   awards given to managers and employees who successfully meet or exceed a sales quota.  
🗑
Trade Shows and Conventions   The Consumer Electronics Show is held annually in Las Vegas. Check it out by clicking on the image.  
🗑
Consumer Sales Promotions   designed to encourage customers to buy a product  
🗑
Coupons   certificates that entitle customers to cash discounts on goods or services.  
🗑
Premiums   low cost items given to consumers at a discount or for free  
🗑
Factory packs   free gifts placed in product packages  
🗑
Traffic builders   pen, calendar, key chain given free for visiting or attending event  
🗑
Coupon plans   ongoing program offering a premium in exchange for labels, coupons or other tokens from one or more purchases.  
🗑
Incentives   generally higher priced products earned and given through contests, sweepstakes, and rebates.  
🗑
Contests   activities that require demonstration of a skill  
🗑
Sweepstakes   game of chance  
🗑
Rebates   discounts offered to customers who purchase  
🗑
Product Samples   are Free and usually only a trial size sample which can be distributed through mail, door-to-door, or at a retail or trade show.  
🗑
Sponsorship   company pays a fee for the right to promote itself and its products or services at or on a set location  
🗑
Promotional Tie In   creates an arrangement between one or more retailers or manufacturers to help cross promote a product.  
🗑
Loyalty Marketing Program   A Frequent buyer program that rewards customers for making multiple purchases  
🗑
Point of purchase   displays are displays designed primarily by manufacturers to hold and display their products. They are usually placed in high  
🗑


   

Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
 
To hide a column, click on the column name.
 
To hide the entire table, click on the "Hide All" button.
 
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
 
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.

 
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how
Created by: MrHonig
Popular Marketing sets