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This week we will finish up our strategy planning for Mart - Rivers by making a recommendation on the Promotional Mix. You have $ 5
This week we will finish up our strategy planning for MartRivers by making a recommendation on the Promotional Mix. You have $ to spend on promotions. How will you allocate your money? Please give your rationale for why the choice and the amount of money spent. Also, please make sure to post a sample of your advertisement. Traditional advertising: paid nonpersonal promotion by an identified sponsor that is delivered through media channels like TV radio, magazines, billboards Personal selling: face to face presentation to a prospective buyer. Allows for an exchange of ideas and to clear up any misconceptions. Sales promotion: Marketing activities that are designed to get the consumer to act immediately. Options include coupons and samples, displays, shows and exhibitions, buy one get one BOGO Public relations: Programs that are designed to promote an image or gain acceptance of the company in the marketplace. Public relations can include publicity and special events. Social media: The use of social media such as Facebook, Twitter, Pinterest, Instagram, and various blogs to generate "buzz" about a product or company. Ecommerce: Using the company's website to gain orders and collect information.
This week we will finish up our strategy planning for MartRivers by making a recommendation on the Promotional Mix. You have $ to spend on promotions. How will you allocate your money? Please give your rationale for why the choice and the amount of money spent. Also, please make sure to post a sample of your advertisement.
Traditional advertising: paid nonpersonal promotion by an identified sponsor that is delivered through media channels like TV radio, magazines, billboards
Personal selling: face to face presentation to a prospective buyer. Allows for an exchange of ideas and to clear up any misconceptions.
Sales promotion: Marketing activities that are designed to get the consumer to act immediately. Options include coupons and samples, displays, shows and exhibitions, buy one get one BOGO
Public relations: Programs that are designed to promote an image or gain acceptance of the company in the marketplace. Public relations can include publicity and special events.
Social media: The use of social media such as Facebook, Twitter, Pinterest, Instagram, and various blogs to generate "buzz" about a product or company.
Ecommerce: Using the company's website to gain orders and collect information.
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