=+LO2 Describe the promotional mix and the uniqueness of each component. There are five promotional alternatives. Advertising,
Question:
=+LO2 Describe the promotional mix and the uniqueness of each component.
There are five promotional alternatives. Advertising, sales promotion, and public relations are mass selling approaches, whereas personal selling and direct marketing use customized messages.
Advertising can have high absolute costs but reaches large numbers of people. Personal selling has a high cost per contact but provides immediate feedback. Public relations is often difficult to obtain but is very credible. Sales promotion influences short-term consumer behavior. Direct marketing can help develop customer relationships although maintaining a database can be very expensive.
Step by Step Answer:
Marketing The Core
ISBN: 9780077473624
4th Edition
Authors: Roger Kerin, Steven Hartley, William Rudelius