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externally generated short term strategy provide outlet for an organizations PR efforts |
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internally generated on-going long term strategy |
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no direct costs may be precieved as more credible |
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disadvantages of publicity |
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publicity can be very valuable as a supplement to the organizations other promotional efforts good publicity requires effort orgs need to have a plan for responding to negative publicity |
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short term incentives motivates customer or members of distribution channel to purchase the product immediately either through lowering price or adding value |
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Characteristics of sales promotion |
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1) usually non recurring 2) non-personal 3) may command a large part of an organizations budget 4) can be directed at channel members or ultimate consumers 5) often very effective from moving consumers from desire to action |
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common types of sales promotion |
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coupons free samples contests or sweepstakes point of purchase displays rebates premiums and incentives event sponsorship |
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any form or impersonal paid communication in which the sponsor is identified is a popular form of promotion especially for consumer packaged goods |
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types of media where receiver must actually work to get the message newspaper, magazine, internet |
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receiver is passive and still gets the message tv, radio, billboards |
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low cost short lead and short life |
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moderately priced long lead long life |
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exposure simultaneous to other activities moderate opportunity for selectivity consumption declining |
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exposure simultaneous to other activities expensive selectivity based on programming |
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billboards, banners etc limited message inexpensive difficult to target audience |
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maximum selectivity expensive |
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1) changing lifestyles 2) technology changes 3) media fragmentation 4) consumer attitudes |
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branded products placed in story |
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branded products become integral part of story |
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consumers pull product into supply chain |
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increases demand by focusing on wholesalers and sales people |
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constant stream of advertising year round |
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spurts of heavy advertising |
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combination of flighting and continuous has peaks but retains base level |
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