Hi Everybody!
I hope you enjoyed learning about the first two promotional elements that companies use to market
themselves and their products. Today we are going to talk about public relations, sales promotion, and direct marketing.
Public relations is a type of communication
management that seeks to influence the feelings, opinions, or beliefs held by
customers, prospective customers, stockholders, suppliers, employees, and other
publics about a company and its products or services. Most of the time, companies will have their
own public relations department. These departments will often use tools such as
social media, special events, and press conferences. Many people still believe
that publicity is the most important
and powerful tool that a public relations department has. Publicity is a nonpersonal, indirectly paid presentation of an
organization, product, or service. The thing that separates publicity from personal selling and advertising
is the fact that companies do not have to pay for then publicity. This is because it can be seen in many different forms
such as news stories, reviews, and consumer’s social media accounts. The
biggest advantage that companies gain from publicity
is credibility while it’s biggest disadvantage is that companies cannot control
what others are saying about their brand. We see examples of publicity every
day when we go onto social media, watch the news, look online for restaurant
reviews or even when we are talking to a friend. When if I see a friend or an
athlete that I follow on Instagram, Facebook or Twitter post something about a
company that I have never heard I will sometimes be curious and go look at that
company’s page. Even when I go on vacation I find myself looking at the Yelp
reviews of restaurants in the area to see which one seems like the best choice.
My favorite piece of publicity that I
have seen recently is when the man from the Boston area started to sell the
snow from in front of his house to people all over the country. This story
became very popular with news outlets and I even believe that it was trending
on Facebook for a while. This guy started this company as a joke but then
because of all of the publicity his company started to make a more sales then
he expected.
The fourth promotional element is sales
promotion, which is a short-term inducement of value offered to arouse
interest in buying a product or service. A few examples of sales promotion are coupons, discounts, and contests and these
usually used with personal selling and advertising. Its main advantage is that
these promotions are usually very short but still stimulates a lot of sales.
The thing about these promotions is that sales will usually increase but then
drop once the promotion goes away. Companies will then used advertising to try
to build brand loyalty from those consumers who bought their product because of
the sale. Everyday my email inbox gets filled with promotions from different
companies. One website that I have used a few times called seshday.com only
sells discounted products. What makes this company different is that they are a
members only website and they only sell other companies products. These sales
will only last for a few days. Everyday I receive an email that tells me which
sales are about to end, which ones are just starting and some upcoming sales.
Seshday also carries a lower inventory of these products, which stimulates its
customers to hurry up to buy that specific product.
The fifth and final promotional element is called direct marketing,
which uses direct communication with consumers to generate a response in the
form of an order, a request for further information, or a visit to a retail
outlet. This communication can be in many different forms such as magazines,
mail, phone calls, face-to-face selling and online marketing. It’s main
advantage is that you can customize the message to fit the specific target
market that you want to communicate with while it can be a disadvantage because
it can cost a lot of money to fill up databases with the most up-to-date
information about your target market. An example of direct marketing is how a
couple of times a year, local companies will fill up every student’s mailbox
with coupons or ads that are direct at them. Usually we receive stuff from local
restaurants or letters from the ski resorts telling us that it is almost time
to buy our season pass for the upcoming year.
I hope that you all enjoyed this post!
See you next time!
Chris
Works Cited:
Kerin, Roger A., Steven W. Hartley, and William Rudelius. Marketing. 11th ed. New York, NY: McGraw-Hill/Irwin, 2013. Print.
Mailbox full of direct mail. Digital image. N.p., n.d. Web. 15 Apr. 2015.
Works Cited:
Kerin, Roger A., Steven W. Hartley, and William Rudelius. Marketing. 11th ed. New York, NY: McGraw-Hill/Irwin, 2013. Print.
Mailbox full of direct mail. Digital image. N.p., n.d. Web. 15 Apr. 2015.
"Man Sells Boston Snow Online | NBC Nightly News." YouTube. NBC News, 2 Mar. 2015. Web. 15 Apr. 2015.
Seshday. Digital image. N.p., n.d. Web. 15 Apr. 2015.
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