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SALES PROMOTION
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promotion includes incentiveoffering and interest-creating activities which are generally short-term marketing events other than advertising, personal selling, publicity and direct marketing. The purpose of sales promotion is to stimulate, motivate and influence the purchase and other desired behavioral responses of the firms customers.
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Examples include
contests point
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promotions can be directed at either the customer, sales staff, or distribution channel members (such as retailers).
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promotions targeted at the consumer are called consumer sales promotions. Sales promotions targeted at retailers and wholesale are called trade sales promotions
provide added value or incentives to consumers, wholesalers, retailers, or other organizational customers to stimulate immediate sales
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IMPERSONAL COMMUNICATION
e.g.
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samples, premiums, point-of-purchase (POP) displays, contests, rebates, and sweepstakes.[1]Contents [hide] 1 Consumer sales promotion techniques 2 Trade sales promotion techniques 3 Political issues 4 External references 5 See also
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PERSONAL COMMUNICATION
face
to face meeting between a sales person and the customer. sales promotion for which the term 'below the line expenditure' is used as a synonym, is not easily defined. In practice sales promotion is a specific activity, which can be defined as the making of a featured offer to certain customers within a specified time period.
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slow stock movements; counteracting competitive activity; encouraging repeat purchase; securing marginal buyers; getting bills paid on time; inducing trial purchase etc
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promotion is a problem-solving activity designed to get customers to behave more in line with the economic interests of the company
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Money Goods Services Target market Consumer Price reduction coupons vouchers money equivalent competitions Free goods premium offers free gifts trade-in offers Stamps coupons vouchers money equivalent competitions
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However,
it is important to realize that, on its own, sales promotion will not replace selling, change long term trends, or build long term customer loyalty
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sales promotion is essentially used as a tactical device, it often amounts to a series of unconnected gimmicks to lacking any coherence. Contrary to this advertising has been always considered as a strategic process of building brand value over the longer term. Compare this against sales promotion which is commonly used to help the company retain a tactical advantage
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DEFINITION
Building good relations with the companys various publics by obtaining favorable publicity, building up a good corporate image, and handling or heading off unfavorable rumors, stories, and events.
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Advantages: Publicity is often underused Good public relations can be a powerful brand-building tool
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News Speeches Corporate Identity Materials Mobile Marketing Special Events Written Materials Audiovisual Materials Public Service Activities
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PUBLIC RELATION
Public relation means bringing to the attention of a defined target audience a specific message by means, other than paid advertising
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growing popularity of the PR as a profession can be attributed to several reasons: Growth in corporate Internal communication Globalization Growth of media
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