By Lanee’ Blunt
Sales promotions are
inducements that a business uses to encourage the purchase of a product or
service. The promotion mix includes sales promotion, advertising, direct
marketing, publicity, and personal selling.
What is Promotion Mix?
The promotional mix is the
coordination of marketing activities which includes publicity, sales promotion,
advertising, direct marketing and personal selling. It is a coordination of
activities that you will do to directly interact with your customers. For
example giving sales presentations helps you to interact with the customers’
one-on-one to answer their questions and demonstrate your product.
The promotional mix’s goal
would be to inform persuade and remind your customer about your product or
service. Sales promotion is inducements with the purpose of encouraging
customers to buy for example, cents off coupons. Merchandising is used in the
store to stimulate sales. For example displays, signs and posters. The
promotional mix uses advertising which is a paid form of non-personal
presentation. Public relations are firms communicating with their customers,
employees and stockholders. It is important that a business have a solid
reputation with customers. For example, one way firms communicate is by sending
out newsletters or press releases. Personal selling is used either by phone or
face-to-face to the prospect, for example, to address your customers concerns
and answer their questions directly.
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