Place and Promotion

what is promotion

a combination of promotional techniques that a firm uses to sell products

above the line promotion

paid for communication with consumers to infirm and persuade - mass advertising, TV, internet and radio etc

below the line promotion

promotion that isn't directly paid for means of communication but based on short term incentives to purchase e.g. BOGOF

persuasive advertising

designed to appeal to your emotions to influence you to buy

informative advertising

influence you to buy a product by educating you about the product's benefits

packaging

protect and contain the product, give information, supporting the image of the product and aid the recognition of the product by the consumer

channel of distribution

the chain of intermediaries the product passes through from producer to consumer

channel 1: direct selling

manufacturer to consumer

channel 2: one intermediary

manufacturer to retailer to consumer

channel 3: two intermediary

manufacturer to wholesaler to retailer to consumer

factors to consider in deciding the distribution channel

type of product, geographic, after sales service, how technical product is, value of the product and potential customers

internet marketing

advertising marketing activities that use the internet, email and mobile communication to encourage direct sales via e-commerce

e-commerce

buying and selling of goods and services by businesses and consumers through an electronic medium

benefits of internet marketing

inexpensive, reach worldwide audiences, convenient, consumers can research before purchasing and accurate records can be kept on number of people interested in the products

limitations of internet marketing

some countries have low speed internet, can't try on before they buy, product return increases if customers aren't satisfied and cost of postal services

viral marketing

the use of social media sites or text messages to increase brand awareness or sell products