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Chapter = 2 Communication mix or promotion mix Philip Kotler says “A Company’s total marketing communication mix also called its promotion mix consists of the specific blend of advertising, personal selling, sales promotion, public relations and direct marketing tools that the company uses to pursue its advertising and marketing objectives.” Components of marketing communication • • • • • • Advertising Personal selling Publicity or public relations Sales promotion Direct marketing Internet marketing • • • • • • • • • • Factors affecting communication mix Nature of product Stages of product life cycle Nature of target market Size of promotion budget Push and Pull strategy Promotional objectives Price policy Distribution policy Availability of promotional methods Level of competition • Degree of brand familiarity • Branded or unbranded products • Seasonal product Need for integrated marketing communication Optimum communication mix Promotion mix determination procedure • • • • Consider all available promotional methods select optimum communication mix Appropriation for promotion mix Evaluation of effectiveness of different promotional tools Nature of products • Consume products • Industrial products Differences • Advertising and sales promotion • Advertising and personal selling • Advertising and publicity