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Dear Sec 4 EBS Students Welcome to the Marketing e-Learning package. Simply follow the order and enjoy the course! First, enjoy this song at http://www.youtube.com/watch?v=zFENz_nnrq8 (open this URL in new window if there is a problem) Marketing is the process where we determine what goods or services may be of interest to customers and how to go about using the marketing mix in sales, communications and business development. You may refer to your EBS Textbook Chap 3, if you need some reading up first. Marketing is used to identify the customer, satisfy their needs and wants and to keep them. Promotion is one element of the marketing mix. It is the link between sellers and buyers for the purpose of influencing, informing, or persuading a potential buyer's purchasing decision. Some techniques are: personal selling, advertising, sales promotion, direct marketing and publicity. Activity 1 Answer the Multiple Choice Questions. Q1. Which of these methods is NOT an example of direct marketing? a. direct mailing b. sales promotion c. telemarketing d. email marketing Q2. What is Promotion NOT designed to do? a. influence customers b. persuade customers c. inform customers d. force customers Q3. BOGOF (buy 1 get 1 free) is an example of a. retail advertising b. public relations c. loss leading d. sales promotion Q4. Which of these promotional methods involves face-to-face communication? a. public relations b. online advertising c. personal selling d. sponsorship Q5. Personal selling would be most appropriate for which one of these products? a. Mars bar b. Honda CR-V SUV car c. Eurostar ticket for London to Paris d. a 4-pack of Heinz beans Many students get confused by the term marketing. They thought it is sales. Marketing is NOT sales. Sales is the process of selling a product or service, while marketing is the process of creating customers and keeping current customers. Sales is part of marketing. Marketing covers research from the start to customer service at the end. Marketing mix is a popular marketing term. Its elements are the basic, tactical components of a plan. They are product, price, place and promotion. The concept is easy. Let's look at a cake. Cakes contain eggs, milk, flour and sugar. We can adjust the taste by changing the amount of ingredients in it. For example, if we want a sweeter cake, simply add more sugar! It is the same with the marketing mix. The offer we have for the customer can be adjusted by varying the marketing mix. Activity 2 Match the respective marketing mix to the examples given. Match the items. 1. Product a. Till 31st March 2015, order 1 set meal and get the second set at half-price. 2. Price b. A car is sold at $109,888. 3. Place c. Everyday Eating House provides packet meals and home delivery service to its customers. 4. Promotion d. There is an MRT station next to the outlet with high human traffic. Advertising is a form of communication used to persuade the target audience (readers, viewers or listeners) to take some action with respect to products or services - ultimately, to purchase. Activity 3 Share your experience on advertisements you came across. State a major advertising medium. Then, with the help of 1 or 2 Powerpoint slides, present the advantages of using it. Answers can be in point form, suitable for classroom presentation. Email all your answers for the 3 activities to your teacher. Congratulations! You have come to the end of this lesson. You would have realised how important Marketing is for businesses to do well. Do submit your answers and powerpoint slides via email as shown below. This lesson is brought to you by Mr Tan Kay Yong. [email protected] 97636467