chapter = 2 communication mix or promotion mix. philip kotler says “a company’s total marketing...

10
Chapter = 2 Communication mix or promotion mix

Upload: dwight-ball

Post on 01-Jan-2016

235 views

Category:

Documents


3 download

TRANSCRIPT

Page 1: Chapter = 2 Communication mix or promotion mix. Philip Kotler says “A Company’s total marketing communication mix also called its promotion mix consists

Chapter = 2

Communication mix or promotion mix

Page 2: Chapter = 2 Communication mix or promotion mix. Philip Kotler says “A Company’s total marketing communication mix also called its promotion mix consists

Philip Kotler says

“A Company’s total marketing communication mix also called its promotion mix consists of the specific blend of advertising, personal selling, sales promotion, public relations and direct marketing tools that the company uses to pursue its advertising and marketing objectives.”

Page 3: Chapter = 2 Communication mix or promotion mix. Philip Kotler says “A Company’s total marketing communication mix also called its promotion mix consists

Components of marketing communication• Advertising• Personal selling• Publicity or public relations• Sales promotion• Direct marketing• Internet marketing

Page 4: Chapter = 2 Communication mix or promotion mix. Philip Kotler says “A Company’s total marketing communication mix also called its promotion mix consists

Factors affecting communication mix• Nature of product• Stages of product life cycle• Nature of target market• Size of promotion budget• Push and Pull strategy• Promotional objectives• Price policy• Distribution policy• Availability of promotional methods• Level of competition

Page 5: Chapter = 2 Communication mix or promotion mix. Philip Kotler says “A Company’s total marketing communication mix also called its promotion mix consists

• Degree of brand familiarity• Branded or unbranded products• Seasonal product

Page 6: Chapter = 2 Communication mix or promotion mix. Philip Kotler says “A Company’s total marketing communication mix also called its promotion mix consists

Need for integrated marketing communication

Page 7: Chapter = 2 Communication mix or promotion mix. Philip Kotler says “A Company’s total marketing communication mix also called its promotion mix consists

Optimum communication mix

Page 8: Chapter = 2 Communication mix or promotion mix. Philip Kotler says “A Company’s total marketing communication mix also called its promotion mix consists

Promotion mix determination procedure

• Consider all available promotional methods• select optimum communication mix• Appropriation for promotion mix• Evaluation of effectiveness of different

promotional tools

Page 9: Chapter = 2 Communication mix or promotion mix. Philip Kotler says “A Company’s total marketing communication mix also called its promotion mix consists

Nature of products

• Consume products• Industrial products

Page 10: Chapter = 2 Communication mix or promotion mix. Philip Kotler says “A Company’s total marketing communication mix also called its promotion mix consists

Differences

• Advertising and sales promotion• Advertising and personal selling• Advertising and publicity