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Intro to Marketing CHAPTER 17

AB
PromotionAny form of communication a business or organization uses to inform, persuade, or remind people about its products
Promotional MixA combination of the different types of promotion
Product PromotionUsed to convince potential customers to buy products instead of buying from a competitor
Institutional PromotionUsed by a business to create a favorable image for itself, as opposed to promoting a product or service
AdvertisingAny paid form of non-personal presentation and promotion of ideas, goods, or services by an identified sponsor
Sales PromotionRepresents all marketing activities, other than personal selling, advertising, and public relations, that are used to stimulate consumer purchasing and sales effectiveness
Public RelationsRefers to any activity designed to create a favorable image toward a business, its products, or its policies
PublicityA specific kind of public relations that involves placing positive and newsworthy information about a business, its products, or its policies in the media
Push PolicyA mix of personal selling, advertising (direct mail and/or trade publications), and buying discounts
Pull PolicyPromotional mix of local and national advertising, in-store displays, sales promotions, and public relations to reach customers
Slotting AllowanceA cash premium apid by the manufacturer to a retail chain for the costs involved in placing a new product on its shelves
Sales IncentivesAwards given to managers and employees who successfully meet or exceed a sales quota
PremiumsLow-cost items given to consumers at a discount or for free
SponsorshipInvolves the promotion of a company in association with a property
Title SponsorSponsor that pays to have its name incorporated into the name of the sponsored property
IncentivesGenerally are higher-priced products earned and given through contests, sweepstakes, and rebates
Promotional Tie-InsInvolve sales promotional arrangements between one or more retailers or manufacturers
Customer Advisory BoardsPanels of consumers who make suggestions about products and businesses
Consumer Affairs SpecialistsDesign programs to reflect customer needs for information on topics such as nutrition, health and wellness, and product safety
Community RelationsRefers to the activities that a business uses to acquire or maintain the respect of the community
News ReleaseA prewritten story about a company that is sent to the various media
Press KitA folder containing articles, news releases, feature stories, and photographs about a company, product, or person
Press ConferenceA meeting in which a business or organization invites media members to hear an announcement about a newsworthy event



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