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THEPROMOTION
MANAGEMENTPROCESS
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CONTENTS:
Introduction
A Model of Integrated Promotion Management
Promotion Decision Process
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INTRODUCTION:
Promotion management process involve various
promotion mix elements:
Advertising
Sales promotion
Point of purchase communication
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CONTI..
Direct marketing
Personal selling
Sales management & sponsorship marketing
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Monitoring & managing the
environment
Marketing structure
Customer satisfaction
INTEGRATEDPROMOTIONMANAGEMENT
MODEL
Promotion decision process
General choices
Target markets
Objectives
Budgets
Modes & mixture
Specific plans
Messages
Media & momentum
Program evaluation
Measured results
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OVERVIEW:
Promotion decision process is shown to be
influenced by marketing structure.
The PDP involves proactive effort directedat monitoring & managing the environment
in order to achieve customer satisfaction.
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MARKETINGSTRUCTURE:
Marketing structure is an organizational
arrangement employed in a company to achieve its
over all ,
Marketing objectives
Promotional objectives
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A companys organizational structure is instrumental
in determining,
How well it is able to manage its environment
How well it satisfy its customers
And how it implement effective promotion decision.
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MONITORING& MANAGINGTHE
ENVIRONMENT:
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EXTERNALFORCES:
Economic competitive
Technological
Social culture
Demographic Regulatory influences
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INTERNAL& EXTERNALANALYSIS:
Internal analysis:
Internal analysis must bemade of an organizationsweakness & strengths.
Financial consideration &personal matters are theprimary issues in aninternal analysis.
External analysis:
External analysis involvea through review ofenvironmental factorsthat are likely to influencepromotional effectiveness& product success.
External analysisexamines theopportunities & threatsthat confront a brand at apoint in time.
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CUSTOMERSATISFACTION:
Promotional components play an important
role by informing customers about new
products and brands and their relative
advantage by avoiding the tendency to overinflate customer expectations.
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THEPROMOTIONDECISIONPROCESS
The promotion decision process involve :
General choice
Specific plan
Program evaluation
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GENERALCHOICE:
Promotion management have 5 general
choices:Target markets
Budgets Modes Mixture
Objectives
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I. TARGETMARKETS:
Define the audience to be targeted .
Three broad ways to segments both
customer and organizational markets:
Who thecustomers are?
Where they are?How theybehave?
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OBJECTIVES:
Set the promotional objectives.
SMART(Specific ,Measurable ,Attainable
,Relevant and Time bound)
Good objectives should include : A statement defining the target audience.
A statement of how some specific aspects of the
audiences perceptions, attitude , or behavior
should change.
A statement of how quickly such a change is
expected to occur
A statement of the degree of change required.
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BUDGETS
Set the promotion budget :
The percentage of sale method .
The competitive parity method.
The objective and task method
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MODES& MIXTURES:
First marketers which promotion
components to use
Second they choose the specific activities
with in each components.Third within each activity they must decide
with specific vehicle to employ.
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SPECIFICCHOICES:
momentum
media
messages
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PROGRAMEVALUATION:
Companies use three main approaches in
monitoring sales force to evaluate and
control sale performance.
Sale analysisCost analysis
Behavioral analysis
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