Promotion (Leaving Cert Business): Flashcards
📚Flashcards
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10 cards from this deck
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Practise the cards
10 cards from this deck
Promotion definition
Promotion definition
Communication to influence & persuade customers to buy
4 components of promotional mix
4 components of promotional mix
Advertising, personal selling, sales promotion, public relations
Advertising definition
Advertising definition
Paid-for communication through media channels
Informative advertising purpose
Informative advertising purpose
Provides facts, used when launching new products
Generic advertising target
Generic advertising target
Entire industry, not brands (e.g., 'Drink more milk')
TV ad cost (20-sec peak slot)
TV ad cost (20-sec peak slot)
Around €4,000
Sales promotion definition
Sales promotion definition
Short-term incentives to stimulate immediate sales
How sales promotion differs from advertising
How sales promotion differs from advertising
Direct incentive to buy vs persuasion through information
Public relations definition
Public relations definition
Creating & maintaining positive public image
PR sponsorship example
PR sponsorship example
Supporting GAA teams, events, or athletes like Rhasidat Adeleke
