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19 Cards in this Set

  • Front
  • Back

THE MARKETING COMMUNICATIONS MIX

Also called the "Promotional Mix"

ADVERTISING

Paid form of non-personal presentation and promotion by an indentified sponsor

SALES PROMOTIONS

Short term incentives

PUBLIC RELATIONS

Building good relations with the company's various public

PERSONAL SELLING

Personal presentations by the firm's sales force

DIRECT MARKETING

Direct connections with carefully targeted individual consumers

TRADITIONAL MEDIA

New forms of media

INTEGRATED MARKETING COMMUNICATIONS

Integrates and coordinates its many communications channels

PUSH STRATEGY

Using the sales force and trade promotion to push the product through channels

PULL STRATEGY

Spending a lot on advertising and consumer promotion

PROSPECTING

Developing a database of potential customers

REFERRALS

A customer's trust with a salesperson can influence their willingness to provide referrals

PREAPPROACH

Find and analyze information about the prospect's needs, current products used, feelings about available brands and personal characteristics

APPROACH

Salesperson contacts a potential customer

COLD CANVASS

Approach potential customers without consent

REPEAT CONTACT

Sales person mention the previous meeting

CLOSING

Sales person asks the prospect to buy the product

TRIAL CLOSE

Asking questions in assumption that the buyer will buy

FOLLOW UP

Sales person must follow up the sale