The Marketing Book 5th Edition

(singke) #1
Marketing mix

P1 : Product
P2 : Place
P3 : Price

P4 : Promotion

Promotional mix

P4.1 : Advertising
P4.2 : Publicity
P4.3 : Direct marketing
P4.4 : Sponsorship
P4.5 : Exhibitions
P4.6 : Packaging
P4.7 : POS merchandizing
P4.8 : Sales Promotion
P4.9 : Personal selling

420 The Marketing Book


 Direct marketing is promotion via any
person-to-person communication medium,
guaranteeing exposure to identifiable
individuals in a chosen target audience in
return for the price of disseminating the
message plus the cost of producing the
associated materials.
 Sponsorship is promotion via association with an
entity, event or activity, typically delivering
exposure to a primary target audience by means


of the sponsor’s logo and to a secondary one by
means of reference to the sponsor in associated
media coverage, in return for the price of a
negotiated sponsorship contract plus the cost of
producing associated visual identification of the
sponsor.
 Exhibitions are promotion via display and the
presence of sales representatives on an
exhibition stand, delivering exposure to visiting
potential customers, in return for the rate
charged for the space by the exhibition
promoter plus the cost of building, installing
and stocking the stand.
 Packaging is promotion via display, guaranteeing
exposure to customers at the point of sale, in
return for the cost of designing and producing
the package.
 Point-of-sale (or ‘POS’) merchandising is
promotion via various forms of display, acting
as a reminder to customers of previously
noticed promotional messages, in return for
the cost of producing the material used.
 Sales promotion is promotion via a diverse
range of initiatives not so far defined,
delivering exposure to a general target market
and in some cases offering an incentive for
individuals to respond actively, in return for
the cost of producing and distributing the
material used.
 Personal selling is promotion via a sales pitch
made by a sales representative to a ‘prospect’
or by a retail sales assistant to a customer,
guaranteeing exposure to self-selected
members of a target market, in return for the
cost of remunerating and training the sales
personnel delivering the pitch.

New media


A cursory reading of this definition of ‘advertis-
ing’ may raise the concern that it ignores the
so-called ‘new media’ or ‘interactive media’
nowadays available to advertisers: in other
words, the Internet, the world wide web and
wireless telephony. In fact, it is only necessary to
abandon the traditional view of ‘advertising
media’ as meaning only press, posters,

Figure 17.1 The promotional mix

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