The Promotion mix and major tools of promotion

A company’s overall marketing communication strategy is called promotion mix. Promotion mix is the combination of 5 major promotional tools like advertising publicity personal selling sales promotion and direct marketing.
Philip Kotler and Gray Armstrong define, The promotion mix is the specific blend of advertising, public relations, personal selling, and direct-marketing tools that the company uses to persuasively communicate customer value and build customer relationships.

Tools of promotion mix:
There are 5 major tools of promotion mix those are-

Advertising
Public
Relations,
Personal selling
Direct-marketing

Advertising:
According to Philip Kotler and Gray Armstrong, Advertising is any paid form of non-personal presentation and promotion of ideas, goods, or services by an identified sponsor. For providing specific and clear concept and idea of a product or service to a community or a group of people, advertising is used by a short way. Advertising may be-

Broadcast
Print
Internet
Outdoor

Sales promotion:
Sales promotion is the short-term incentive to encourage the purchase or sale of a product or service. Increasing sales volume, this tools helps to create relationship between marketer and customer by change. The main characteristics of SP is suddenly affected consumer. Sales promotion may be-

Discounts
Coupons
Displays
Demonstrations

Public relations:
Public relations involves building strong and positive relations with the company’s various publics by obtaining favorable publicity, building up a good corporate image, and handling or heading off unfavorable rumors, stories, and events.

Press releases
Sponsorship
Special events
Web pages

Personal selling:
Personal selling is the personal presentation by the firm’s sales force for the purpose of making sales and building customer relationships. This process the salesman directly influence the customer`s mind by telling listening etc.

Sales presentations
Trade shows
Incentive programs

Direct marketing:
Direct marketing involves making direct connections with carefully targeted individual consumers to both obtain an immediate response and cultivate lasting customer relationships—through the use of direct mail, telephone, direct-response television, e-mail, and the Internet to communicate directly with specific consumers.

Catalog
Telemarketing
Kiosks

Definition of Needs, Wants and Demands

Needs - Needs are the basic requirements of a human being, like food, cloth, shelter etc. humans cannot survive lace of those requirements. education and health care are the extend part of needs in this modern world. according to marketing language, human needs are state of felt deprivation. It is the basic underlying of marketing. Different people have different needs some of them are as follows physical needs- Food, cloth, house, safety etc. personal needs- self expression, discuss feeling etc. Social needs- love, affection etc. Ego needs: status, recognition and self-esteem Wants – Wants are the satisfiers of needs. Specific products has the ability of satisfy specific wants. Wants are a form of needs and which are greatly dependent on the human needs. Wants are unlimited. Customers want high value and satisfaction for money. For example , you need to write, for this your choice will be the best pen. For write is your needs but the best brand of pen is your ...

INTRODUCTION TO HUMAN RESOURCE MANAGEMENT AND ENVIRONMENT

Human Resource Management (HRM) is a relatively new approach to managing people in any organisation. People are considered the key resource in this approach. it is concerned with the people dimension in management of an organisation. Since an organisation is a body of people, their acquisition, development of skills, motivation for higher levels of attainments, as well as ensuring maintenance of their level of commitment are all significant activities. These activities fall in the domain of HRM. Human Resource Management is a process, which consists of four main activities, namely, acquisition, development, motivation, as well as maintenance of human resources. Scott, Clothier and Spriegel have defined Human Resource Management as that branch of management which is responsible on a staff basis for concentrating on those aspects of operations which are primarily concerned with the relationship of management to employees and employees to employees and with the deve...

The Marketing Mix

To be successful, a company need to take competitive marketing strategy for compute. Making competitive marketing strategy, selecting target customer and market positioning a company need to take proper planning of product, price, place and promotion etc. Marketing mix means the combination of major marketing tools like product, price, place and promotion and people. Philip Kotler and Gray Armstrong define, the set of controllable and tactical marketing tools product, price, place and promotion that the firm blind to produce the response it wants in the target market. The marketing mix, many possibilities can be collected into four group if variables known as the four or five P`s: Product Price Place Promotion people It is interesting to ask how to make the 5Ps more customer centric. This leads to a redefining of the 5Ps to the 5Cs as follows: Product—Customer solution Price—Customer cost Place—Convenience Promotion—Communication people- competition Produ...

BULK SMS PLANSNovember 9, 2020 at 2:31 AM
Thanks for sharing, Bulk SMS Provider
ShaniyaDecember 27, 2022 at 2:35 AM
Paxes is your go-to-solution for all your business travel requirements. It is one of the best corporate travel management company catering features like booking automation, expense management, HRMS single sign on, etc.
Anamika KumariMay 31, 2023 at 4:24 AM
Off the topic, but if you are planning a trip to South Africa, so there is a fantastic tourist destination please check this.
Anamika KumariJune 1, 2023 at 2:44 AM
Becoming a travel agent in Riyadh is pretty simple. You will be traveling not just around Riyadh but also to other countries Travel Agent in Riyadh please check this.
MAYANK SHRMAJune 1, 2023 at 7:16 AM
The country of Morocco exudes culture and way of life that are seldom seen nowadays. Morocco Tourist Destination. Check this.

Marketing and Management Solution

Search This Blog