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Subject Name: Marketing Management Department of Management Studies Created By: Ms. Anu Bhardwaj
Subject Name: Marketing Management Department of Management Studies Created By: Ms. Anu Bhardwaj
Lecture 23
Anu Bhardwaj
Topics to be Covered
• Promotion Objectives
• Promotion Mix
• Relative apposition of Promotion Mix
• Factors Affecting Promotion Mix
Promotion
Promotion Decision- Promotion Mix
4th P of Marketing
• Companies need to communicate with present and potential customers about
products and services.
• Promotion is the element in an organisation’s marketing mix (4Ps) that serves to
inform, persuade and remind the market of product and or the organization
selling it in the hope of influencing the recipient / customer’s feeling, beliefs or
behavior
• To be decided- what to say, to whom, how to say and how often
• The promotion mix is the combination of all the tools / methods, a company uses
to promote the product.
Promotion- Introduction
• PROMOTION is a process of communication involving information,
persuasion and influence.
• It includes all kinds of personal or impersonal communication with-
customers and middlemen.
Personal Personal Expensive per Permits flexible Cost more than all other
Selling contact presentation and forms per contact
gains immediate
response
Factors Affecting Promotion Mix Decisions
1. Product Considerations
• Nature of Product- Industrial/ Consumer.
• Consumer- FMCG, Shopping, Specialty, Unsought goods etc.
• Product Image
• Stage of PLC
• Degree of Customization
2. Pricing Policy
Price Sales Prom. Advertising/ Pub P.S
Low Heavy- Medium As per S P Low
Medium Medium-low Heavy Low-Med
High Low low Heavy
Factors Affecting Promotion Mix
3. Distribution
Type Sales Prom Adv. & Pub P .S.
Intensive Most Heavy Least
Selective Medium Heavy Medium
Exclusive Least Medium Most
4. Target Market Characteristics
• Level of Competition
• Geographic Coverage
• Buyer Readiness Stage
• Promotional Budget
Thank You !!