Podcast
Questions and Answers
What is the primary goal of promotion in marketing?
What is the primary goal of promotion in marketing?
- To increase brand awareness (correct)
- To create brand loyalty
- To create a distinctive place in customers' mind
- To generate sales
Which of the following is not part of the promotional mix?
Which of the following is not part of the promotional mix?
- Sales promotion
- Advertising
- Product development (correct)
- Direct marketing
What does a promotional plan specify?
What does a promotional plan specify?
- The attention to pay to each of the elements in the promotional mix
- The proportion of the budget to be allocated to each element (correct)
- All elements of the market mix
- The budget for each element in the promotional mix
What is promotion in marketing?
What is promotion in marketing?
Which of the following is not one of the four Ps in the market mix?
Which of the following is not one of the four Ps in the market mix?
Flashcards
Promotion's main goal
Promotion's main goal
The primary purpose of promotion is to make more people aware of a brand, its products, or services.
What is promotion in marketing?
What is promotion in marketing?
Promotion is a type of marketing communication that aims to persuade potential customers to buy a product or service.
What's included in the promotional mix?
What's included in the promotional mix?
The promotional mix includes the different strategies and activities used to promote a product or service. This includes advertising, public relations, sales promotion, direct marketing, and personal selling.
What does a promotional plan include?
What does a promotional plan include?
Signup and view all the flashcards
What are the four Ps of the marketing mix?
What are the four Ps of the marketing mix?
Signup and view all the flashcards
Study Notes
Promotion in Marketing
- The primary goal of promotion in marketing is to inform, persuade, and influence target audiences to buy a product or service.
- Print media, outdoor advertising, and in-store displays are all forms of promotion.
- The promotional mix consists of advertising, personal selling, sales promotion, and public relations.
The Promotional Plan
- A promotional plan specifies the role of promotion in the overall marketing strategy.
- It outlines the objectives, strategies, and tactics for achieving promotional goals.
The Marketing Mix
- The four Ps of the market mix are product, price, place, and promotion.
- People is not one of the four Ps in the market mix.
- The marketing mix is a key concept in understanding the fundamentals of marketing.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.