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promotion management process

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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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