Post on 13-Jan-2016
Promotion and Place
Revision of Elasticity
PromotionPromotion is divided in two categories
1. Above the line advertising
2. Below the line advertising
Above the line advertising
Above The Line (ATL) advertising is where mass media is used to promote brands and reach out to the target consumers.
1. Persuasive advertising
2. Informative advertising
Below the line advertising
Price promotionDirect marketing and direct salesLoyalty cards and discountsPoint of sale displaysPublic relations (PR)
Write some advantages and disadvantages of each
Above the line advertising
Below the line advertising
Promotional MixAll forms of promotion affect a business in
different ways. Businesses must always consider:
1. Who is the product aimed at?2. How much will it cost?3. How effective will the promotion be?
The combination of promotional activities is know as the promotional mix.
PlaceDistribution Channels – how customers gain
access to their product.
Distribution ChannelsDistribution Channels
Definitions Advantages Disadvantages
Direct Sale
Retail outlet
Wholesalers
Agents
QuestionChoose three industries and state which
distribution methods would be the best and why.