The combination of the promotional techniques a firm uses to promote a product is called the promotional mix.
This is NOT the same as the marketing mix!
The firm will use a variety of above and below the line promotional methods to create an appropriate promotional mix.
The promotional mix is influenced by:
- The product itself - business to business will use more direct selling.
- The market - How big is it? Is a national TV advert appropiate?
- Competitor activity - Do we need to persuade customers to switch brands or respond to a competitors advert?
- The product life cycle - Is it a new product that customers need to be made aware of?
- The budget available - How much can we afford to spend on promotion?
Expensive and complex products tend to be sold via direct selling whereas cars use a combination of advertising and personal selling.
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