Quick Marketing Tips #1 - "Role Of Promotion In Marketing Mix" - Bullet Points For Easy Takeaway .

in steemit •  7 years ago 

Role Of Promotion In Marketing Mix

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1) Role Of Promotion On Product -

  • Product Development
  • Offerings Style & Frequency
  • Flow (Ratings)
  • Radical Inclusions (Brand New Product Inclusion)
  • Inclusive Growth (Overall Growth)

2) Role Of Promotion On Price -

  • Formulation Of Pricing Strategies.
  • Promotional Pricing
  • Penetration Through Promotion
  • Measuring Pricing Effectiveness

3) Role Of Promotion On Place -

  • Distribution Strategy
  • Negotiation
  • Network (Distribution Based)
  • Agent (Trade - Promotion)

4) Role Of Promotion On People -

  • Internal Branding
  • Relations
  • Effective Communication
  • Performance Measurement System

5) Role Of Promotion On Physical Evidence -

  • Creating Tangibility
  • Touch Motivation
  • Creative Measures
  • Global Tangibility

6) Role Of Promotion On Process -

  • Formulations
  • Implementation
  • Sustainability Matrix
  • Universal Process Making

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I just hope it will be use full for people who aren't from Business School background .