Concept
What elements make up the promotional mix?
IntroductionToBusiness OP 8D04gAa / 12.5. Promotion Strategy*
"The combination of traditional advertising, personal selling, sales promotion, public relations, social media, and e-commerce used to promote a product is called the promotional mix. Each firm creates a unique promotional mix for each product. But the goal is always to deliver the firm’s message efficiently and effectively to the target audience. These are the elements of the promotional mix:\n\n• Traditional advertising: Any paid form of nonpersonal promotion by an identified sponsor that is delivered through traditional media channels.\n\n• Personal selling: A face-to-face presentation to a prospective buyer.\n\n• Sales promotion: Marketing activities, other than personal selling, traditional advertising, public relations, social media, and e-commerce, that stimulate consumer buying, including coupons and samples, displays, shows and exhibitions, demonstrations, and other types of selling efforts.\n\n• Public relations: The linking of organizational goals with key aspects of the public interest and the development of programs designed to earn public understanding and acceptance. Public relations can include lobbying, publicity, special events, internal publications, and media such as a company’s internal television channel.\n\n• Social media: The use of social media platforms such as Facebook, Twitter, Pinterest, Instagram, and various blogs to generate “buzz” about a product or company. The skills and knowledge needed to generate information as well as to defend the company against problems, such as incriminating videos “going viral,” are separate skills from those related to traditional advertising. Even promotional strategies such as paying celebrities to wear a specific line of clothing and posting these images on Twitter or Instagram, a form of advertising, requires different types of planning and expertise than traditional advertising.\n\n• E-commerce: The use of a company’s website to generate sales through online ordering, information, interactive components such as games, and other elements of the website. Website development is mandatory in today’s business world. Understanding how to develop and utilize a website to generate sales is imperative for any marketer."
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