Promotion (marketing) Totally Explained

Everything about Promotion Marketing totally explained

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:

Above the line promotion: Promotion in the media (for example TV, radio, newspapers, Internet) in which the advertiser pays an advertising agency to place the ad
Mid line promotion: Promotion wihin the organisation (for example [topromote the workers working within the organization. to increase incentives etc...])
Below the line promotion: All other promotion. Much of this is intended to be subtle enough that the consumer is unaware that promotion is taking place. E.g. sponsorship, product placement, endorsements, sales promotion, merchandising, direct mail, personal selling, public relations, trade shows

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.

Example

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

The renaming of a city street

A tie-in with an autobiography with the same title

The screening of a film with the same title

The release of a breakfast cereal box with coordinated materials

A pep rally on a university campus

Media coverage, have been successfulFurther Information

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