Promotion Management: By: Priyanka Dang Subrata Jadon Prashant Gupta Farid Ashraf Anurag Prashant
Promotion Management: By: Priyanka Dang Subrata Jadon Prashant Gupta Farid Ashraf Anurag Prashant
Promotion Management: By: Priyanka Dang Subrata Jadon Prashant Gupta Farid Ashraf Anurag Prashant
By: Priyanka Dang Subrata Jadon Prashant Gupta Farid Ashraf Anurag Prashant
OVERVIEW:-
2.WHY
4.TOOLS
6.STRATEGIES
1.WHAT
3.FACTORS
5.PROCESS
7.CASE STUDY
TYPES OF PROMOTION
Above the line Promotion: Promotion in mass media (e.g. TV, radio, newspapers, internet) in which an advertising agency is hired to place the advertisement.
Contd;
Below the line Promotion: All other means of Promotion, mostly in a subtle enough way such that even the consumer is unaware(Testimonials, Sales promotion).
Defining PROMOTION
An activity designed to boost the sales of a product or service. It may include an advertising campaign, increased PR activity, a free-sample campaign, offering free gifts or trading stamps, arranging demonstrations or exhibitions, setting up competitions with attractive prizes, temporary price reductions, door-to-door calling, telemarketing, personal letters on other methods.
All communications are action oriented. It is important to note that in the communication process there are two individuals- the sender and the receiver. For communication to be effective, both have to be actively involved
PROMOTION means all those tools that a marketer uses to take his product from the factory to the customer and hence involves advertising, sales promotion, personal selling, public relations, publicity and merchandizing. All have the same essence in them-buy me.
WHY PROMOTION
IPR MODEL
1.
AWARENESS
TARGET AUDIENCE
CONVICTION
6.
2.
KNOWLEDGE
4.
PREFERRENCE
3.
COMPREHENSION
5.
LIKING
TRIAL
7.
AIDA MODEL
AWARENESS
AWARENESS
AWARENESS
INTEREST EVALUATION TRIAL
KNOWLEDGE
INTEREST
ACTION ADOPTION
PURCHASE
AS FINANCIAL INVESTMENT
JOHNNIE WALKER
AXE
X factor
COMPETITORS ANALYSIS
When examining competitors, the objective is to discover who the competition is and how they are attacking the marketplace.
OPPORTUNITIES ANALYSIS
This includes carefully watching for new market opportunities examining all of the available data and info. about the market. Whether a market niche is not being targeted with effective marketing communication.
CUSTOMERS ANALYSIS
There are three types of customers to study: 1) Current company customers
2) Competition customers
3) Potential new customers
The point is to understand how people in each group think, why they buy , where they buy, and how they evaluate a product after purchase.