Principles of Marketing (activebook 2.0 )  
 
   
 

  
Modern marketing calls for more than just developing a good product, pricing it attractively, and making it available to target customers. Companies must also communicate with current and prospective customers, and what they communicate should not be left to chance. All of their communications efforts must be blended into a consistent and coordinated communications program. Just as good communication is important in building and maintaining any kind of relationship, it is a crucial element in a company's efforts to build customer relationships.
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The Marketing Communications Mix

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A company's total marketing communications mix—also called its promotion mix—consists of the specific blend of advertising, sales promotion, public relations, personal selling, and direct-marketing tools that the company uses to pursue its advertising and marketing objectives. Definitions of the five major promotion tools follow:2
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Advertising: Any paid form of nonpersonal presentation and promotion of ideas, goods, or services by an identified sponsor.
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Sales promotion: Short-term incentives to encourage the purchase or sale of a product or service.
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Public relations: Building good relations with the company's various publics by obtaining favorable publicity, building up a good corporate image, and handling or heading off unfavorable rumors, stories, and events.
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Personal selling: Personal presentation by the firm's sales force for the purpose of making sales and building customer relationships.
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Direct marketing: Direct connections with carefully targeted individual consumers to both obtain an immediate response and cultivate lasting customer relationships—the use of telephone, mail, fax, e-mail, the Internet, and other tools to communicate directly with specific consumers.
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Each category involves specific tools. For example, advertising includes print, broadcast, outdoor, and other forms. Sales promotion includes point-of-purchase displays, premiums, discounts, coupons, specialty advertising, and demonstrations. Public relations includes press releases and special events. Personal selling includes sales presentations, trade shows, and incentive programs. Direct marketing includes catalogs, telephone marketing, kiosks, the Internet, and more. Thanks to technological breakthroughs, people can now communicate through traditional media (newspapers, radio, telephone, television) as well as through newer media forms (fax, cell phones, and computers).
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At the same time, communication goes beyond these specific promotion tools. The product's design, its price, the shape and color of its package, and the stores that sell it—all communicate something to buyers. Thus, although the promotion mix is the company's primary communication activity, the entire marketing mix—promotion and product, price, and place—must be coordinated for greatest communication impact.
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In this chapter, we begin by examining the rapidly changing marketing communications environment, the concept of integrated marketing communications, and the marketing communication process. Next, we discuss the factors that marketing communicators must consider in shaping an overall communication mix. Finally, we summarize the legal, ethical, and social responsibility issues in marketing communications. In Chapter 16, we look at mass-communication tools—advertising, sales promotion, and public relations. Chapter 17 examines the sales force and direct marketing as communication and promotion tools.
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