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40. Sales promotions. Target audience. Main tools of sales promotions. Pro and cons of Sales promotions

Sales promo consists of a diverse collection of intensive tools, mostly short term, designed to stimulate quicker or greater purchase of particular products or services by consumers or the trade.

While advertising offers a reason to buy, sales promo – an intensive to buy. Sales promo includes tools for consumer promotion (samples, coupons, cash refund offers, prices off, premiums, prizes, patronage rewards, free trials, warranties, tie-in promotions, cross promotions, point-of-purchase displays, and demonstrations); trade promotion (prices off, advertising and display allowances, free goods) and business- and sales force promotion (trade shows and conventions, contests for sales reps and specialty advertising).

Sales promotion consists of a diverse collection of incentive tools, mostly short-term, designed to stimulate quicker or greater purchase of a particular products by a consumer or the trade.

  • contests, games lotteries

  • premiums and gifts

  • sampling

  • fairs and trade shows

  • exhibits

  • demonstrations

  • coupons

  • entertainment

  • trade-in allowances

  • price packs

  • Free trials

  1. Pr and their role in the overall marketing strategy.

Public relations is a form of communication management that seeks to influence the image of an organization and its products and services. Publicity tools- tools for obtaining non-personal presentation of an organization, good, or service without direct cost.

PR involves a variety of programs designed to promote or protect a company’s image or its individual products. PR should perform the following 5 function:

1) Press relations – presenting news and information about the organization in the most positive light

2) Product publicity – sponsoring efforts to publicize specific products

3) Corporate communication - promotion understanding of the organization through internal and external communication.

4) Lobbying – dealing with legislators and government officials to promote or defeat legislation and regulation.

5) Counselling - advising management about public issues and company positions and images.

PR can contribute to the following marketing objectives:

  1. build awareness

  2. build credibility

  3. stimulate the sales-force and dealers

  4. hold down promotion costs

Major tools in marketing PR:

  1. publications – annual reports, brochures, articles, company newsletters, magazines, audiovisual materials.

  2. Events – news conferences, seminars, outgoings, exhibits, contents, competitions, anniversaries, sport and cultural sponsorships that will reach the target publics

  3. News

  4. Speeches

  5. Public-service activities – contributing money and time to good causes to build a good will

  6. Identity media – company logos, stationery, brochures, signs, business cards, uniforms, dress codes – visual identity that the public immediately recognises.

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