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Marketing communications are the means by which firms attempt to inform, persuade, and remind consumers- directly or indirectly- about the products and brands they sell.
Sales Promotion
Word-ofMouth Marketing
Advertising
SENDER
Encoding
Message Media
Decoding
RECEIVER
NOISE
Feedbac k
Response
Advertisement can be defined as the paid form of non-personal presentation and promotion of idea, goods or services by an identified MAGGI NOODLES: A Two Minute sponsor Noodle
Expressiveness
Economy Enhancing
It
is an Impersonal Communication / Less Forceful. Less Effective. Difficulty in Media Choice. Inflexibility. Lack of Feedback.
Newspapers.
Magazines. Television. Radio. Outdoor. Internet.
HOARDINGS
NEWSPAPERS
Sales promotion refers to short term use of incentives or other promotional activities that stimulate the customer to buy the product.
Premiums
For Example, Mug free with Bournvita, Shaker free with Nescafe Coffee.
or gifts.
Contests.
For Example, Camlin Company organises painting competition, Bournvita Quiz contest of writing slogans and best slogan is awarded prize.
Lucky Draw.
For Example, Draws are taken out by the bill no. or names of customers who have purchased the goods an lucky winner gets free car, computer, A.C. , T.V., etc.
Usable Gifts.
For Example, Purchase goods worth Rs. 5000 and get a holiday package or get a discount voucher, etc.
PREMIUMS or GIFTS
REBATE
Attention
Value. Useful in New Product Launch. Synergy in Total Promotion Efforts. Aid to Other Promotion Tools.
Reflect
Personal Selling occurs where an individual salesperson sells a product, service or solution to a client. For Example, shoes, luxury cars, pharmacy drugs, real estate, etc.
Personal
I. Importance to Businessmen.
Effective Promotion Tool. Flexible Tool. Minimum Wastage of Efforts. Consumer Attention. Relationship. Personal Support. Very Effective to Introduce New Product.
2. Importance to Consumers
Helps in Identifying Needs. Latest Market Information. Expert Advice. Induces Customers.
3. Importance to Society
Converts latest demand into effective demand. Employment Opportunities. Career Opportunities. Mobility of Sales Persons. Product Standardization.