Promotion (marketing)

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Marketing
Key concepts

Product / Price / Promotion
Placement / Service / Retail
Market research
Marketing strategy
Marketing management

Promotional content

Advertising / Branding
Direct marketing / Personal Sales
Product placement / Public relations
Publicity / Sales promotion
Underwriting

Promotional media

Printing / Publication / Broadcasting
Out-of-home / Internet marketing
Point of sale / Novelty items
Digital marketing / In-game
Word of mouth

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Scale model of a Wheaties cereal box at a pep rally
Scale model of a Wheaties cereal box at a pep rally

Promotion involves disseminating information about a product, product line, brand, or company. It is one of the four key aspects of the marketing mix. (The other three elements are product management, pricing, and distribution.)

Promotion is generally sub-divided in the textbooks into two parts:

The specification of these four variables creates a promotional mix or promotional plan. A promotional mix specifies how much attention to pay to each of the four subcategories, and how much money to budget for each. A promotional plan can have a wide range of objectives, including: sales increases, new product acceptance, creation of brand equity, positioning, competitive retaliations, or creation of a corporate image.

An example of a fully integrated, long-term, large-scale promotion are My Coke Rewards and Pepsi Stuff.

Cheerleaders at a pep rally
Cheerleaders at a pep rally

The publicity for the 40th anniversary of the 1966 NCAA Basketball championship included [1]

  1. The renaming of a city street
  2. A tie-in with an autobiography with the same title
  3. The screening of a film with the same title
  4. The release of a breakfast cereal box with coordinated materials
  5. A pep rally on a university campus
  6. Media coverage, have been successful

  1. ^ The El Paso Times, El Paso, Texas, November 28 and 29, 2005

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