Marketing EssentialsSection 1:
Promotion and Promotional MixAfter You Read Online ActionKey Terms and Concepts - Promotion is persuasive communication. It is used to inform, persuade, or remind people about a company's products and its image.
- Product promotion is used to convince people to buy or use a certain product. Institutional promotion does not directly sell a product, but it is used to create a favorable image, which can result in sales.
- The promotional mix is the combination of advertising, selling, sales promotion, direct marketing and public relations used by an organization to meet its professional goals.
Academic Skills - Print advertisement: 40%; two-for-one deal: $16.67%; Premiums: 10%; Public relations: 33.33%
- Answers will vary; an uncritical representation of the company is a clue that a story is the result of corporate publicity.
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