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© Prentice Hall, 2005 Business In Action 3eChapter 12 - 1 Developing Distribution and Promotional Strategies.

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Presentation on theme: "© Prentice Hall, 2005 Business In Action 3eChapter 12 - 1 Developing Distribution and Promotional Strategies."— Presentation transcript:

1 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 1 Developing Distribution and Promotional Strategies

2 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 2 Distributing Products Distribution strategies Marketing intermediaries

3 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 3 Wholesalers and Retailers Match buyers and sellers Provide market information Provide promotional and sales support Gather an assortment of goods Transport and store products Assume risks and provide financing

4 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 4 How Intermediaries Simplify Commerce Reduce prices Reduce contacts Create utility

5 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 5 Alternative Distribution Channels Business Goods and Services Consumer Goods and Services Producer Agent/Broker Wholesaler Retailer Consumer

6 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 6 Channel Selection Market coverage Cost Control Channel conflict

7 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 7 Market Coverage Distribution –Intensive –Selective –Exclusive

8 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 8 Cost Factors Selling Storage Distribution

9 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 9 Control Issues Channel length –Shorter –Longer Overall control –More –Less

10 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 10 Channel Conflict Inadequate product support Too many intermediaries Multiple sales channels

11 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 11 Managing Physical Distribution Order processing Inventory control Warehousing Materials handling Transportation

12 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 12 Online Distribution The Internet –Distribution system –Market reach

13 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 13 Promotional Strategies Promotional goals Product variables Promotional mix

14 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 14 Setting Promotional Goals Informing Persuading Reminding

15 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 15 Analyzing Product Variables The nature of the product Price of the product Position in the life cycle

16 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 16 Choosing a Marketing Approach Push strategy Pull strategy

17 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 17 Elements of Promotion Personal selling Advertising Direct marketing Sales promotion Public relations

18 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 18 Personal Selling Process 1. Prospecting 2. Preparing 3. Approaching 4. Presenting 5. Handling objections 6. Closing 7. Following up

19 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 19 Advertising and Direct Marketing Product awareness Product image Consumer demand

20 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 20 Direct Marketing Vehicles Direct mail Target e-mail Telemarketing Internet

21 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 21 Advertising Categories Product Institutional National Local Cooperative

22 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 22 Major Advertising Media Newspapers Television Direct mail Radio Magazines Internet

23 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 23 Sales Promotion Consumer promotion Trade promotion

24 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 24 Consumer Sales Promotion Coupons Rebates Point-of-purchase Special events Cross-promotion Samples Premiums Specialty ads

25 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 25 Trade Sales Promotion Trade allowances Display premiums Contests or sweepstakes Travel bonus programs

26 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 26 Public Relations News release News conference

27 © Prentice Hall, 2005 Business In Action 3eChapter 12 - 27 Integrated Marketing Communications Promotional mix and IMC –Public relations –Personal selling –Advertising –Direct marketing –Sales promotion


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