Marketing Promotion and Communication Fundamentals
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Core Concepts of Marketing Promotion
Promotion: communicating information between seller and potential buyer or others in the channel to influence attitudes and behavior.
Primary Methods of Selling
- Personal selling: direct spoken communication between sellers and potential customers, usually in person but sometimes over the telephone.
- Mass selling: communicating with large numbers of potential customers at the same time.
- Advertising: any paid form of non-personal presentation of ideas, goods, or services by an identified sponsor.
- Publicity: any unpaid form of non-personal presentation of ideas, goods, or services.
- Sales promotion: those promotion activities—other than advertising, publicity, and personal selling—that stimulate interest, trial, or purchase by final customers or others in the channel.
Key Management Roles
- Sales managers: managers concerned with managing personal selling.
- Advertising managers: managers of their company's mass selling effort in television, newspapers, magazines, and other media.
- Public relations: communication with non-customers—including labor, public interest groups, stockholders, and the government.
- Sales promotion managers: managers of their company's sales promotion effort.
Integrated Marketing and the AIDA Model
Integrated marketing communications: the intentional coordination of every communication from a firm to a target customer to convey a consistent and complete message.
AIDA model: consists of four promotion jobs—(1) to get Attention, (2) to hold Interest, (3) to arouse Desire, and (4) to obtain Action.
The Communication Process
- Communication process: a source trying to reach a receiver with a message.
- Source: the sender of a message.
- Receiver: the target of a message in the communication process, usually a potential customer.
- Noise: any distraction that reduces the effectiveness of the communication process.
- Encoding: the source in the communication process deciding what it wants to say and translating it into words or symbols that will have the same meaning to the receiver.
- Decoding: the receiver in the communication process translating the message.
- Message channel: the carrier of the message.
Promotion Strategies and the Adoption Curve
- Pushing: using normal promotion effort—personal selling, advertising, and sales promotion—to help sell the whole marketing mix to possible channel members.
- Pulling: using promotion to get consumers to ask intermediaries for the product.
- Adoption curve: shows when different groups accept ideas.
- Innovators: the first group to adopt new products.