Promotion (marketing)
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Marketing |
Key concepts |
Product / Price / Promotion |
Promotional content |
Advertising / Branding |
Promotional media |
Printing / Publication / Broadcasting |
Promotion is one of the four aspects of marketing. The other three parts of the marketing mix are product management, pricing, and distribution. Promotion involves disseminating information about a product, product line, brand, or company.
Promotion is comprised of subcategories:
- Personal selling
- Non-personal selling
- Advertising
- Sales promotion
- Publicity and public relations
- Tradeshows
- Direct selling
- Product placement
- Event Marketing
The specification of these four variables creates a promotional mix or promotional plan. A promotional mix specifies how much attention to pay to each of the four subcategories, and how much money to budget for each. A promotional plan can have a wide range of objectives, including: sales increases, new product acceptance, creation of brand equity, positioning, competitive retaliations, or creation of a corporate image.
An example of a fully integrated, long-term, large-scale promotion is Pepsi Stuff.
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[edit] Example
The publicity for the 40th anniversary of the 1966 NCAA Basketball championship included[citation needed]
- The renaming of a city street
- A tie-in with an autobiography with the same title
- The screening of a film with the same title
- The release of a breakfast cereal box with coordinated materials
- A pep rally on a university campus
- Media coverage