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Chapter 16 Using Effective Promotions BUS 201 Promotion is one of the four Ps of Marketing. Promotion Mix: It is the combination of promotional tools an organization uses. The traditional promotional tools are: Advertising Personal selling Public relations Sales promotion It is a paid, nonpersonal communication through various media by organizations and individuals who are in some way identified in the advertising message. The face-to face presentation and promotion of goods and services. The management function that evaluates public attitudes, changes policies and procedures in response to the public’s requests, and executes a program of action and information to earn public understanding and acceptance. The steps in good public relation program: Listen to the public. Change policies and procedures. Inform people that you’re being responsive to their needs. Any information about an individual, product or organization that’s distributed to the public through the media and that’s not paid for or controlled by the seller. Advantages: Free, More Effective Than Advertising, Believable Disadvantages: No Control, No Repetition The promotional tool that stimulates consumer purchasing and dealer interest by means of short-term activities. B2C sales promotion techniques: Coupons, Cents-off Promotions, Sampling, Premiums, Sweepstakes, Contests, Bonuses, Catalogs, Demonstrations, Special Events, Lotteries, In-store Displays Word-of-mouth promotion: A promotional tool that involves people telling other people about products they have purchased. Viral Marketing: It describes everything from paying customers to say positive things on the internet to setting up multilevel selling schemes whereby consumers get commissions for directing friends to specific web sites. Push Strategy: A promotional strategy in which the producer uses advertising, personal selling, sales promotion and all other promotional tools to convince wholesalers and retailers to stock and sell merchandise. Pull Strategy: A promotional strategy in which heavy advertising and sales promotion efforts are directed toward consumers so that they will request the products from retailers. That’s All! Thank you!