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Any form of communication a business or company uses to inform, persuade, or remind people about products and to improve its image PROMOTION
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Lesson Objectives Define _____ ________purposes of promotion Define ________promotion Identify __types of promotion Define promotional ___
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Purposes of Promotion REMIND; INFORM; PURSUADE –Convince potential ________to ___ –Explain __________of products –Tell _____products are sold –Advertise ______on products –Answer customers’ ________ –Introduce ____products –Create a _______image of the company or product
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Two Basic Kinds of Promotion ______ P Institutional Promotion
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Used to create a ________image of the company, rather than to ______sell products
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Institutional Promotion
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Discussion Why would an organization promote itself and not its products?
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Types of Promotion _________ Sales Promotion _______Selling Publicity/ Public Relations ______Merchand ising Direct _______
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ADVERTISING The _________ presentation of ideas and products by an ______sponsor. **PAID FOR**
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SALES PROMOTION ______purchases increase store ______ 2 for 1 Sale Buy One, Get One Free $2 off after 8PM on Tuesday
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PERSONAL SELLING The ______presentation of a product or company to one or more _______buyers
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PUBLICITY PUBLIC RELATIONS Creating _____ for a business or product by placing _____about it in the media
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Visual Merchandising The coordination of all ______elements in a place of business so that it projects the right ____to its customers
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Direct Marketing Directed towards a ______group of prospects. Types of Direct Marketing –_____Direct Mail –Electronic _____ Mail
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Can you name a type of business that… Uses a lot of advertising and sales promotion, but very little personal selling? Uses very little advertising, but lots of personal selling?
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What types of promotion do you think the following businesses use? Hayes Chrysler/Jeep Ruby Tuesday Avon Corporation ebay
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The ________of promotion types represents a product’s PROMOTIONAL ___
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