ITFT Promotion
description
Transcript of ITFT Promotion
PROMOTION
PROMOTIONAny form of communication a business or company uses to inform, persuade, or remindpeople about products and to
improve its image
Purposes of Promotion
• Convince potential customers to buy
• Explain features/benefits of products
• Tell where products are sold
• Advertise sales on products
• Answer customers’ questions
• Introduce new products
• Create a favorable image of the company or product
Product Promotion
Businesses use to convince consumers to
select its product and services.
Institutional Promotion
Used to create a favorable image of the company, rather than
to directly sell products
Types of Promotion• Advertising • Sales Promotion
• Personal Selling • Publicity/ Public Relations
• Visual Merchandising
ADVERTISING
The non-personal
presentation of ideas and products by an identifiedsponsor.
**PAID FOR**
SALES PROMOTION
• stimulate purchases• increase store traffic
2 for 1 Sale
Buy One, Get One Free
$2 off after 8PM on Tuesday
PERSONAL SELLINGThe PERSONAL presentation of a
product or company to one or more potential buyers
PUBLICITYPUBLIC RELATIONS
Creating demand
for a business or
product by placing
news about it in the media
Visual Merchandising
The coordination of all physical elements in a place of business so that it projects the right image
to its customers
Can you name a type of business that…
• Uses a lot of advertising and sales promotion, but very little personal selling?
• Uses very little advertising, but lots of personal selling?
What types of promotion do you think the following businesses use?
• Hayes Chrysler/Jeep
• Ruby Tuesday
• Cigarette manufacturers
• Avon Corporation
• ebay