In marketing, promotion refers to any type of marketing communication used to inform target audiences of the relative merits of a product, service, brand or issue, persuasively. It helps marketers to create a distinctive place in customers' mind, it can be either a cognitive or emotional route. The aim of promotion is to increase brand awareness , create interest, generate sales or create brand loyalty . It is one of the basic elements of the market mix , which includes the four Ps, i.e., product, price, place, and promotion.
30-487: [REDACTED] Look up promotion in Wiktionary, the free dictionary. Promotion may refer to: Marketing [ edit ] Promotion (marketing) , one of the four marketing mix elements, comprising any type of marketing communication used to inform or persuade target audiences of the relative merits of a product, service, brand or issue Advertising campaign ,
60-464: A 2008 film Promotion (song) , 2024 song by ¥$ from the album Vultures 2 Other uses [ edit ] Professional wrestling promotion , a company or business that produces professional wrestling events ProMotion, an Apple proprietary variable refresh rate technology Promotion or trump promotion; see glossary of contract bridge terms See also [ edit ] Demotion Promoter (entertainment) Topics referred to by
90-626: A business combines its promotional methods...blend of nonpersonal, personal, and special forms of communication aimed at a target market..." ^ "Promotion | Boundless Business" . courses.lumenlearning.com . Retrieved 2020-11-18 . ^ "Digital marketing" , Misplaced Pages , 2019-01-15 , retrieved 2019-01-21 ^ קידום אתרים בגוגל Retrieved from " https://en.wikipedia.org/w/index.php?title=Promotional_mix&oldid=1242319388 " Category : Promotion and marketing communications Hidden categories: Articles with short description Short description
120-737: A face-to-face manner or by telephone. Examples include sales presentations, sales meetings, sales training and incentive programs for intermediary salespeople, samples, and telemarketing. Sales Promotion is media and non-media marketing communication used for a predetermined limited time to increase consumer demand, stimulate market demand or improve product availability. Examples include coupons, sweepstakes, contests, product samples, rebates, tie-ins, self-liquidating premiums, trade shows, trade-ins, and exhibitions. Corporate giveaway items, sometimes called swag , can be included within product samples and distributed to participants at an event for promotional purposes. Public relations or publicity
150-400: A mass medium. Examples include print ads, radio, television, billboard, direct mail, brochures and catalogs, signs, in-store displays, posters, mobile apps, motion pictures, web pages, banner ads, and emails. Personal selling is the process of helping and persuading one or more prospects to purchase a good or service or to act on any idea through the use of an oral presentation, often in
180-461: A participatory media culture, social media platforms or social networking sites are forms of mass communication that, through media technologies, allow large amounts of product and distribution of content to reach the largest audience possible. However, there are downsides to virtual promotions as servers, systems, and websites may crash, fail, or become overloaded with information. You also can stand risk of losing uploaded information and storage and at
210-475: A promotional campaign Film promotion Promotional recording Radio promotion Status or progress [ edit ] Promotion (chess) , when a pawn reaches the eighth rank Promotion (Germany) , the German term for the doctoral degree Promotion (rank) , the advancement of an employee's rank or position in an organizational hierarchy system Promotion and relegation , in sports leagues,
240-472: A subset of the marketing mix . It is believed that there is an optimal way of allocating budgets for the different elements within the promotional mix to achieve best marketing results, and the challenge for marketers is to find the right mix of them. Activities identified as elements of the promotional mix vary, but typically include the following: Advertising is the paid presentation and promotion of ideas, goods, or services by an identified sponsor in
270-418: A use can also be effected by a number of outside variables. Brands can explore different strategies to keep consumers engaged. One popular tool is branded entertainment, or creating some sort of social game for the user. The benefits of such a platform include submersing the user in the brand's content. Users will be more likely to absorb and not grow tired of advertisements if they are, for example, embedded in
300-434: A user's initial attention to the ad. However, this may be seen as a distraction to the user if they are trying to absorb a different part of the site such as reading text. Additionally, when brands make the effort of overtly collecting data about their consumers and then personalizing their ads to them, the consumer's relationship with the advertisements, following this data collection, is frequently positive. However, when data
330-708: Is a modern way for brands to interact with consumers as it releases news, information and advertising from the technological limits of print and broadcast infrastructures. Digital media is currently the most effective way for brands to reach their consumers on a daily basis. Over 2.7 billion people are online globally, which is about 40% of the world's population. 67% of all Internet users globally use social media. Mass communication has led to modern marketing strategies to continue focusing on brand awareness, large distributions and heavy promotions. The fast-paced environment of digital media presents new methods for promotion to utilize new tools now available through technology. With
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#1732765714785360-486: Is a process where some teams are transferred between multiple divisions based on their performance for the completed season Social promotion , in education, is the practice of advancing a student to the next grade regardless of their completion of material from the preceding grade Arts, entertainment, and media [ edit ] Promotion (film) , a 2013 Bengali film directed by Snehasish Chakraborty "The Promotion" ( The Office episode) The Promotion ,
390-523: Is also a type of publicity, which transform from the person-to-person storytelling to social media influencers, or bloggers promotions today. Direct Marketing is a channel-agnostic form of advertising that allows businesses and nonprofits to communicate directly to the customer, with methods such as mobile messaging, email, interactive consumer websites, online display ads, fliers, catalog distribution, promotional letters, and outdoor advertising. Corporate image campaigns have been considered as part of
420-494: Is covertly collected, consumers can quickly feel like the company betrayed their trust. It is important for brands to utilize personalization in their ads, without making the consumer feel vulnerable or that their privacy has been betrayed. Sponsorship generally involves supplying resources (such as money) to a group or an event in exchange for advertising or publicity. Company will often help fund athletes, teams, or events in exchange for having their logo prominently visible. This
450-468: Is different from Wikidata All article disambiguation pages All disambiguation pages Promotion (marketing) Promotion is also one of the elements in the promotional mix or promotional plan. These are personal selling , advertising , sales promotion , direct marketing , publicity , word of mouth and may also include event marketing , exhibitions and trade shows. A promotional plan specifies how much attention to pay to each of
480-422: Is done through the use of product placement or by placing logos on team uniforms/equipment. Promotional mix Blend of promotional variables for marketing purposes Not to be confused with Marketing mix . In marketing , the promotional mix describes a blend of promotional variables chosen by marketers to help a firm reach its goals. It has been identified as
510-516: Is information about a firm's products and services indirectly carried by a third party. This includes free publicity as well as paid efforts to stimulate discussion and interest. It can be accomplished by planting a significant news story indirectly in the media, or presenting it favorably through press releases or corporate anniversary parties . Examples include newspaper and magazine articles, TV and radio presentations, charitable contributions, speeches, issue advertising, and seminars. Word of mouth
540-1110: Is paying a movie studio or television show to include a product or service prominently in the movie or show. Digital marketing is the marketing of products or services using digital technologies, mainly on the Internet, but also including mobile phones, display advertising, and any other digital medium. See also [ edit ] Advertising Advertising campaign Advertising management Advertising media Advertising media selection Advertising research Audience measurement Brand awareness Branded content Consumer behaviour DAGMAR Digital marketing Digital promotion Integrated marketing communications Marketing Marketing communications Media planning Media buying Native advertising Online advertising Promotion (marketing) Sales promotion References [ edit ] ^ Contemporary Marketing 2011 (textbook), Louis Boone, David Kurtz, Cengage Learning, Jan 1, 2010, Elements of
570-581: The Latin, promotionem meaning "a moving forward". The word entered the English language in the 14th century. The use of the term promotion to refer to "advertising or publicity" is very modern and was first recorded in 1925. It may be a contraction of a related term, sales promotion, which is one element in the larger set of tools used in marketing communications. The terms, promotion and marketing communications can be used synonymously, but in practice,
600-420: The customer. Facebook , Snapchat , Instagram , Twitter , Pinterest , Tumblr , as well as alternate audio and media sites like SoundCloud and Mixcloud allow users to interact and promote music online with little to no cost. You can purchase and buy ad space on social media platforms. Additionally, you can buy artificial Likes , Followers, and Clicks on your pages and posts with the use of third parties. As
630-493: The elements in the promotional mix, and what proportion of the budget should be allocated to each element. Promotion covers the methods of communication that a marketer uses to provide information about its product . Information can be both verbal and visual . The term promotion derives from the Old French, promocion meaning to "move forward", "push onward" or to "advance in rank or position" which in turn, comes from
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#1732765714785660-414: The field, such as in grocery or department stores. Interactions in the field allow immediate purchases. The purchase of a product can be incentive with discounts (i.e., coupons), free items, or a sweepstakes prize draw . This method is used to increase the sales of a given product. Interactions between the brand and the customer are performed by a brand ambassador or promotional model who represents
690-545: The game as opposed to a bothersome pop-up ad. Personalizing advertisements is another strategy that can work well for brands, as it can increase the likelihood that the brand will be personified by the consumer. Personalization increases click-through intentions when data has been collected about the consumer. Brands must navigate the line between effectively promoting their content to consumers on social media and becoming too invasive in consumers' lives. Vivid Internet ads that include devices such as animation might increase
720-408: The latter is more widely used. There are three objectives of promotion. These are: The purpose of a promotion and thus its promotional plan can have a wide range, including: sales increases, new product acceptance, creation of brand equity , positioning , competitive retaliations or creation of a corporate image . The term 'promotion' tends to be used internally by the marketing function. To
750-792: The product in physical environments. Brand ambassadors or promotional models are hired by a marketing company , which in turn is booked by the brand to represent the product or service. Person-to-person interaction, as opposed to media-to-person involvement, establishes connections that add another dimension to promotion. Building a community through promoting goods and services can lead to brand loyalty . Examples of traditional media include print media such as newspapers and magazines, electronic media such as radio and television , and outdoor media such as banner or billboard advertisements. Each of these platforms provides ways for brands to reach consumers with advertisements. Digital media, which includes Internet, social networking and social media sites,
780-952: The promotional mix , Retrieved Aug. 26, 2014 ^ Essentials of Marketing, Charles Lamb, Joe Hair, Carl McDanie, Cengage Learning, Jan 1, 2011, Discuss the elements of the promotional mix , Retrieved Aug. 26, 2014, (see page 514+) ^ Sales Promotion: How to Create, Implement and Integrate Campaigns that Really Work, Roddy Mullin, Kogan Page Publishers, Apr 3, 2010, The Promotional Mix , Retrieved Aug. 26, 2014, (see page 30+) ^ Harrell, Gilbert D. (2008). Marketing: Connecting with Customers . Chicago Education Press. p. 286. ISBN 9780979830402 . ^ Small Business Management: Launching and Growing Entrepreneurial Ventures, Justin Longenecker, J. Petty, Leslie Palich, Frank Hoy, Cengage Learning, Sep 27, 2011, The Promotional Mix , Retrieved Aug. 26, 2014, "...how
810-398: The promotional mix. Sponsorship of an event, contest or race is a way to generate publicity. Guerrilla marketing tactics are unconventional ways to bring attention to an idea, product or service, such as by using graffiti, sticker bombing, posting flyers, using flash mobs, doing viral marketing campaigns, or other methods using the Internet in unexpected ways. Product placement
840-598: The public or the market, phrases like " special offer " are more common. Examples of fully integrated, long-term, and large-scale promotions are My Coke Rewards in the USA or Coke Zone in the UK and Pepsi Stuff . There have been different ways to promote a product in person or with different media. Both person and media can be either physically real or virtual/electronic. Promotions can be held in physical environments at special events such as concerts , festivals, trade shows , and in
870-464: The rise of technological advances, promotions can be done outside of local contexts and across geographic borders to reach a greater number of potential consumers. The goal of a promotion is then to reach the most people possible in a time efficient and a cost efficient manner. Social media, as a modern marketing tool, offers opportunities to reach larger audiences in an interactive way. These interactions allow for conversation rather than simply educating
900-415: The same term [REDACTED] This disambiguation page lists articles associated with the title Promotion . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Promotion&oldid=1256541236 " Category : Disambiguation pages Hidden categories: Short description
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