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Product Promotion.

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Presentation on theme: "Product Promotion."— Presentation transcript:

1 Product Promotion

2 Where does it fit in the marketing mix?
Product Price Promotion Place

3 Promotion Write down the different methods of product promotion you can think of:

4 Some Initial Ideas……

5 Key Promotional Terms Advertising Advertising media Public relations
Sponsorship Sales Promotions

6 Exhibitions Personal Selling Direct Marketing Corporate Image

7 The Promotional Mix Write down some factors that you think would affect the mix of promotions that a company would choose for its product or service.

8 Factors Affecting the Promotional Mix
Cost Target market Type of market – B2B or B2C?

9 Stability of market Budget Requirements Timing Requirements

10 Communications Model – How to communicate your promotion
Consumer Response Hierarchy Sender Company Encoding Create message Medium Promotional Media Decoding Receiver Interprets message Receiver B2C B2B

11 AIDA Attention – an effective message will gain the attention of the target audience. It must have sufficient sensory impact to be noticed. Interest – an effective message will hold the interest of the target audience and should be sufficiently relevant to engage the customer. Desire – an effective message will arouse desire in the target audience – it must satisfy a need or want, or solve a problem. Action – an effective message will obtain a response from the target audience. It must describe how the product or service can be bought.

12 Promotional Methods Used in AIDA
Attention Interest Desire Action


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