Shared Flashcard Set

Details

Promtional Mix
vocab
15
Marketing
12th Grade
02/08/2016

Additional Marketing Flashcards

 


 

Cards

Term
Promotion
Definition
one of the four P's of the marketing mix
Term
Product Promotion
Definition
promotional method used by business to convince prospects to select their goods or services instead of a competitor's brand
Term
Institutional promotion
Definition
promotional method used to create a favorable image for business, help it advocate to change
Term
promotional mix
Definition
the cost-effective combination of personal selling, advertising, direct marketing, sales promotion, and public relations strategies used to reach company goals
Term
advertising
Definition
form of non-personal promotion in which companies pay to promote ideas, goods, or services
Term
direct marketing
Definition
type of promotion that companies use to address individuals directly and not through a third party method
Term
social media
Definition
Electronic media that allows people with similar interest to participate in a social network.
Term
sales promotion
Definition
all marketing activities that are directed at business or retail customers to boot sales (other than personal selling, advertising, and public relations
Term
public relations
Definition
help an organization to influence a target audience
Term
news release
Definition
an announcement sent to the appropriate media outlets
Term
publicity
Definition
involves bringing news or newsworthy information about an organization to the public's attention
Term
push policy
Definition
a type of promotion in which manufacturers use a mix of advertising, personal selling, and trade discounts with partners in the distribution channel to "push" the product through to the retailer
Term
pull policy
Definition
a type of promotion by manufacturers that directs promotional activities toward customers
Term
Via
Definition
By way of.
Term
Target
Definition
Something or someone to be affected by an action or development
Supporting users have an ad free experience!