2. WHAT IS PROMOTION?
Promotion is an element of the marketing mix
.
All communication from the marketer to the
environment regarding the marketing org:
or regarding the product is a promotional
activity.
3. PURPOSE
CREATE AWRENESS
MAKE A FAVOURABLE ENVIRONMENT
MEANS:-
customers buy product
Employee prefer to work for org:
Suppliers be happy to provide raw
materials
Financiers offer finance for operation
4. AIMS:-
Inform about product and services
Inform changes in the product
Generate interest
Persuade customers
5. 5 DECISIONS TO MAKE
PROMOTION PLANNING
OBJECTIVE OF PROMOTION
CHOISE OF MIX
SELECTION OF MEDIA
FORMULATION OF MESSAGE
TIMING AND INTENSITY OF CAMPAIGN
7. 1. ADVERTISING
Advertisements are paid non personal form of
presenting information regarding a product or
service or idea.
Message passed through media. Such as,
Newspapers
Magazines
Journals
Radio
Television
Posters
Hoardings
Cinema slides etc..
8. 2.PUBLICITY
It is an unpaid form of promotion. It refers
to the mention of product or service in any
published media like newspapers or trade
journals.
9. Different kinds of publicity
a.) MEDIA
Press release
Conference
Presentations
articles
10. b) ORAL
It is the way of mouth publicity and it is very
effective message pass through
Intimate family
Personal friends
Professional colleagues
Retailers representatives
Producers representatives
11. c) PUBLIC RELATIONS
public relations is the deliberate, planned and
sustained efforts to establish and maintain
mutually beneficial relationships between
organisation and public.
Tools
journals?/ news letters
Sponsored visits
Sponsorship activities
Special drivers
Interst group meetings
12. 3.PERSONAL SELLING
Personal selling implies face to face
communication between a seller and a
buyer.
FEATURES
Personal communication
Oral messages
Flexible
Contact with limited number of people
14. QUALITIES OF A GOOD SALES MAN
Physical qualities
Social qualities
Mental qualities
Other qualities
15. 4. SALES PROMOTIONIt is the process of stimulate sales by offering
several incentives .it is mainly stimulate short term
sales.
SALES PROMOTION TECHNIQUES
Point of purchase
Trade shows
Samples
Premiums
Coupons
After sale services
17. Government grants
These grants are mainly using for
Tourist information centre
Printed advertising
Directional signs to tourist attract
18. Public promotion:
Promotion which is geographically broad
such as regional, state, or national
promotion can be effectively accomplished
by govt: tourism organistion.
19. Private promotion
Private organisations such as public
carriers, hotels and tour companieshas
promoting tourism
21. What is price?
Price is the amount that a person
have to spend for acquiring some
product or service.
22. Pricing acquires when the firm acquires a
new product, when it introduces its regular
product in to a new distribution channel or
geographical area or when it enters in a
new contract.
23. Factors have to be considered before
pricing
Objectives of setting the price
Demand for the product
Total expense of the product
Price of similar products
Selecting a pricing method
Selecting the final price
24. Selecting the price objective
Survival
Maximum current profit
Maximum current revenue
Maximum sales growth
Maximum market skimming
Product quality leadership
Other pricing objectives
25. Determinants demand
Current market demand
Future demand
Demand varied according to:
Nature of the product
Price of the product
Change in trends
Season
quality of the product
Substitutes
26. Method of estimating demand
Demand schedule
Price elasticity of demand
= %change in quantity demanded
%change in price
27. Estimating costs
The company wants to charge a price that covers
cost of producing, distributing, selling the
product.
Types of cosTs:
Fixed cost
Variable cost
Total cost
28. Price of similar products
Identify competitors
Analyse competitors costs, prices, and
offers
Compare costs