Copyright © 2007 South-Western. All rights reserved. Chapter 14 Promoting Products.

14
Copyright © 2007 South-Western. All rights reserved. Chapter 14 Promoting Products

Transcript of Copyright © 2007 South-Western. All rights reserved. Chapter 14 Promoting Products.

Page 1: Copyright © 2007 South-Western. All rights reserved. Chapter 14 Promoting Products.

Copyright © 2007 South-Western. All rights reserved.

Chapter 14

Promoting Products

Page 2: Copyright © 2007 South-Western. All rights reserved. Chapter 14 Promoting Products.

Promoting Products

Copyright © 2007 South-Western. All rights reserved.

Learning Objectives

PromotingProducts

Optimal Mix Advertising

P.R. Selling

Promotion

Mix

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Promoting Products

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The Key Decisions in Running a Business

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Promoting Products Promotion

• The act of informing or reminding consumers about a specific product or brand.

• should increase demand and generate a higher level of sales

Copyright © 2007 South-Western. All rights reserved.

Page 5: Copyright © 2007 South-Western. All rights reserved. Chapter 14 Promoting Products.

Promoting Products

Copyright © 2007 South-Western. All rights reserved.

Promotional Mix

MixAdvertisingSellingPromotionP.R.Optimal Mix

Advertising Personal Selling

Sales Promotion

Public Relations

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Promoting Products

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Reasons for Advertising

MixAdvertisingSellingPromotionP.R.Optimal Mix

Comparative Reminder

Institutional Industry

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Promoting Products

Copyright © 2007 South-Western. All rights reserved.

Forms of Advertising

MixAdvertisingSellingPromotionP.R.Optimal Mix

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Promoting Products

Copyright © 2007 South-Western. All rights reserved.

Steps to Personal Selling

MixAdvertisingSellingPromotionP.R.Optimal Mix

Page 9: Copyright © 2007 South-Western. All rights reserved. Chapter 14 Promoting Products.

Promoting Products

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Promotion Strategies

MixAdvertisingSellingPromotionP.R.Optimal Mix

Rebates

Coupons

Sampling

Displays

Premiums

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Promoting Products

Copyright © 2007 South-Western. All rights reserved.

Public Relations

MixAdvertisingSellingPromotionP.R.Optimal Mix

Special Events

News Releases

Press Conferences

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Promoting Products

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Promotional Methods

MixAdvertisingSellingPromotionP.R.Optimal Mix

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Promoting Products

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Target Market

MixAdvertisingSellingPromotionP.R.Optimal Mix

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Promoting Products

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Promotion Budget

MixAdvertisingSellingPromotionP.R.Optimal Mix

Product Life Cycle

Competition

Economic Conditions

Page 14: Copyright © 2007 South-Western. All rights reserved. Chapter 14 Promoting Products.

Promoting Products

Copyright © 2007 South-Western. All rights reserved.

Promotion and Performance

MixAdvertisingSellingPromotionP.R.Optimal Mix