2.2.2.2 Sales Promotion
The second type of marketing communication strategy defined in business literature is sales promotion. According to Lee, (2002); McNeil, (2013); Schultz & Block, (2014) sales promotion is a popular way of influencing both the buying as well as selling process within an organisation. Key types of sales promotions generally employed include direct advertising, exhibitions, store advertising and sponsorship. The approach is quite effective in short-term decision-making where the business require the consumers to buy a product on the spot. It would not be wrong in stating that sales promotion strategy can be labelled as events management. The analysis of application of this strategy within Qatar Foundation will help in assessing how company can build, protect and instill in the Qatar Foundation brand.
2.2.2.3 Public Relations
Author Bernays, (2013) defines public relation as a marketing communication strategy that is employed in order to maintain the corporate image of the business in front of their stakeholders. These
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It helps the individual in drawing the goals of the study. There are three types of research approaches, which are mainly used in academic and professional research. These include explanatory design, exploratory design and descriptive design. Exploratory design was not found suitable for the current research because it is used to conduct preliminary investigations into relatively unknown areas of study. Here the motive is not exploring a new phenomenon rather to describe already discussed issues. Marketing communication is heavily discussed in past studies earlier. Likewise, since the purpose of current research project is not to provide the cause and effect relationship between two research variables, therefore explanatory design was recognised as not good (Blanche et al.,
M3 In this task am going to justify the decision, in our business we decide to hire an advertising agent that could help us promote our product, also we decide to use different media that could help us to find our target and to increase more customers in our brand, also through marketing mix this could also help us to maintain our campaign so that we could be able to manage and conduct our campaign effectively. The following are some ways that could help us to improve our campaign. Budget Through increase our budget this will help us to conduct our campaign more effectively such we could be able to improve our advertisement so that we could attract more customers in our company, also through budget we could be able to hire advertising agencies that could help us to promote our business and through budget we could be able to conduct different events that could help us to promote our product to our target
CASE STUDY: You are the marketing manager for a chain of home-ware stores in Brisbane called Houzit. The marketing plan for the 15 Houzit stores was developed over 12 months ago and you are actively engaged in implementing the strategies to achieve the marketing objectives. Specifically, you are instigating those marketing activities that meet the marketing objectives of a 12% market share (up from 11%) and an increase in sales by 8.5% over last year’s result. No expansion stores are planned during this phase of consolidation and on average the stores achieved $24,680 per week for the year.
For the business-level, Trader Joe’s adopted a differentiation focus strategy. According to our textbook with this strategy, Trader Joe’s seeks to differentiate in its target market. They rely on providing better service than broad-based competitors. Specifically, they focus on the special needs of the buyer in other segments (Dess, Page 159). Joe’s differentiates its self from other grocers by providing a unique shopping experience fortified with their private label goods and great service from their crew members.
Sales promotions are non-personal communication tools that will help simulate quicker and more frequent purchases of a company’s products. Vera Bradley uses this element to help produce a higher profit and get more consumers. For example, on time on the famous talk show, The Talk, every person in the audience received a free Vera Bradley gift cards. Other more common ways are promotional emails. A
If one is able to cope with the dissonance, at the same time can make a choice faster. 2.2. Visual presentation of an Advertisement with Regard to Its Persuasive Potential Advertisement, as previously investigated, has to draw one’s attention and promote particular product. Amid this feature, the essence of advertising is visual communication. As the role of language is crucial in further analysis, the visual presentation is the first element that make the receiver be interested with the advertisement.
1.0. INTRODUCTION Every organization strives to benefit from creating value for its customers, in the most effective way, for the purpose of attaining competitive advantage in the business environment in which they operate. Philip Kotler(2015) defines marketing as “the science and art of exploring, creating, and delivering value to satisfy the needs of a target market at a profit”. According to Hollensen (2003), a strategy is a fundamental pattern of present and planned objectives…”
The literature review gives justified information for the need of conducting the research. Apart from the introduction, there is no other information concerning the research title that could offer detailed information (Chaliha et a., 2001). Despite giving the justified information in the introduction section the paper should have had the literature review section, thus it did not follow the due steps and format of a research paper. The methodology part follows after the introduction and it discloses the methods used, the design, the people included in the study and how the data was sampled and examined. However, the reasons for choosing the design in the research were not
2.0 Introduction Starting with branched out from Binariang GSM Sdn Bhd as a subsidiary, Maxis Communiations Berhad (Maxis) is a service provider company for telecommunications and internet technology in Malaysia. It was begun in 1995 where the company used the dialling prefix identifier of ‘012’, ‘014’ and ‘017’. The company offered 900 and 1800 MHz Global System for Mobile Communications (GSM) band. After that, the company uses the 2100 MHz Universal Mobile Telecommunications System (UMTS) band in July 2005. Besides, Maxis was the first to introduce 3G services in this country.
Salespeople play three primary roles? What are they? The three primary roles salespeople play, according to Principles of Marketing by Tanner and Raymond (2010), are “creating value for their firms’ customers, managing relationships, and relaying marketing and sales information back to their organization.”
First, from the beginning of the classes I was able to design and implement marketing/business strategies in particular areas only. After that, I am able to create long-term and mutually beneficial exchange relationships between an entity and the publics with it interact. Moreover, the strategic marketing analysis & planning process such as internal & external situation assessment, strategy formulation, positioning and marketing mix were taught during lessons in detail that integrated my marketing knowledge. And as a result I also became aware with a range of new issue of marketing management and the marketing tactics in particular that were resulted from the product and branding strategy. I found strategic marketing analysis and planning of this project more challenging than
Promotion is something to excel the marketing activities which
(Glowa, 2002) A product or service is purchased only when the communication effect is active and is appropriately connected to the brand. The communication effect would be created when the advertisements elements are effective and targets the right market. It identifies different stages of model that is awareness, interest, desire and action. (Lavidge and Steiner, 1961) The AIDA model shows that when a
Literature review Advertising has become a form of communication and a great source for promoting services and products for any business in the whole market because of its broader impact. The main idea of an advertisement is to get the attention of the consumers, build up the product’s strong image in their mind and provide information to help the consumer to make a purchase decision. So, the central focus in today’s diverse global marketplace is the consumer. Companies exert a lot of effort to find out the best ingredients that should be in an effective advertising and identifying its influence on the consumer’s mind, so effective advertising should be considered as one of the most important tools that strongly affect and can change the consumer’s buying behavior. The research attempts to investigate the impact of effective advertising on the consumer’s buying behavior.
Every business industry nowadays, whether they are aware of it or not, depends on business strategies that they implement in order to achieve high growth potential. Some businesses, however, tend to forget the importance of maintaining effective sales strategies, therefore, they experience a decrease in sales causing their business to eventually experience some financial difficulties. Gluck (n.d.) describes sales strategy as a plan that allows companies to position their brand or product in order to gain a competitive advantage. Successful sales strategy should create a need by convincing a potential customer that the good is presented to them can solve their problems. This has to be created as a “planned approach to account-management policy
2. Introduction Defining an effective Marketing Communication Plan and Communication Mix through a well researched strategy will not only help to reach out to potential customers, but it will also help to adapt and respond to the ever changing marketing environment. This report starts by examining the various promotional tools used by marketers in the marketing of their products and services, including the advantages and disadvantages of the tools. The report goes on to examine the meaning of Integrated Marketing Communication (“IMC”) and the importance of measuring the effectiveness of the Promotional Campaign.