Advertising and promotional tools The basic idea behind the marketing concept is that you make what you can sell. Even a good product that satisfies a need has to be made known to its target customers. During the introduction and growth stages of the standard product life cycle‚ the producer has to develop brand awareness‚ inform potential customers about its existence and features. According to the well-known “four ps” formulations of the marketing mix (product‚ price‚ place‚ promotion)‚ this
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2012 2012 Let’s Help Inc. Garrett Brower Adam Forbes Shea Kirsop [Promotional Plan] The following document contains the promotional plan for the Let’s Help Inc. newsletter. Executive Summary As Washburn University students Garrett Brower‚ Adam Forbes‚ and Shea Kirsop partnered with Let’s Help Inc. of Topeka‚ Kansas to develop a promotional plan consisting of an up to date organization newsletter. The goal was to raise awareness of the organization through the newsletter that is sent
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Promotion mix is the combination of advertising‚ sales promotion‚ public relations‚ personal selling and direct marketing tools that a company uses to communicate value and build relationships (Kotler & Armstrong‚ 2008). A balanced mix of these aspects is needed to build and maintain profitable customer relationships. Advertising is‚ “and paid form of nonpersonal presentation and promotion of ideas‚ goods or services by an identified sponsor” (Kotler & Armstrong‚ 2008). For example advertising includes
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and preferences of the customers. Air Asia’s marketing objectives to expand the product mix include: - New routes and destinations all over the world. - Flights to Americas and other Western countries - Further destinations with Air Asia X. - Improving the Do-It-Yourself customisation product where the customers get to pick and choose what they would like. Maximising customer service The most important aspect of the marketing objectives. Customer services is responding to the needs and
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of LG for promotional activities is approximately Rs. 300‚000‚000. Usually the sales promotion budget and their allocation are described by LG Korea. Advertising Approximately 80 % of the promotion budget will be used for the advertisement of the product. LG keep on advertise their product base on three sector such as electronic media20%‚ outdoor media20% and print media40%. LG’s advertising strategies is always working very effectively. For example‚ LG advertised their promotional items through
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BUS 336 Integrated Marketing Communications Integrated Marketing Communications Plan Table of Contents Page Executive Summary 4 1 Marketing Objectives 6 1.1 Marketing Objectives 6 1.2 Sales / Profits 7 1.3 Market Share 7 1.4 Long Term Potential 8 1.5 Positioning Objectives 8 2 Target Market & Action Objectives 9 2.1 Primary Target Market 9 2.2 Secondary Target Market 9 2.3 Purchase Behaviour
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5G4240 - 0910 Integrated Marketing Communications Lecturer: Angela Hall Integrated Marketing Communications Plan for Goingreen June Gil - 09980845 1. Integrated Marketing Communications Plan and Schedule and Justification Our previous work has shown that Goingreen needs to undertake a series of marketing communication activities in order to meet the objectives established in the previous report: ▪ ‘Re-position the brand as a low cost/convenience option amongst 30% of London
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Foothill College 2011-2012 Integrated Marketing and Communications Plan Introduction The purpose of the Foothill College Integrated Marketing and Communications Plan is to support the college mission by enhancing public awareness and participation in the college’s many programs‚ services and activities. The plan seeks to increase the overall visibility of the college and reinforce its brand and reputation within the community. Foothill College prides itself on academic excellence‚ responsive student
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ICA # 1 Q#1: Identify and explain the components of the integrated marketing communications mix. A#1: IMC Mix is coordination of all forms of marketing communications consists of components such as Advertising‚ Personal Selling‚ Public Relations‚ Sales Promotions‚ Experimental Marketing‚ Direct Response‚ Digital Communications in to a unified program to maximize the impact on the target audience. Q#2: "An understanding of Maslow ’s Hierarchy of needs and theory of motivation has a direct
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organization. All that the owners have to do is to increase the advertising influence of the website through linking their site to other search engines such as Yahoo! and Google. This process would be much cheaper than investing in a magazine based marketing that costs so much for one whole page of commercial. Unlike magazines‚ the customers reached by the internet are indeed unnumbered while magazines reach only a few readers. In terms of packaging‚ the artistry and creativity of the packs need not
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