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Top 5 Elements of Promotional Mix | Products

This article throws light upon the top five elements of promotional mix of products. The elements are: 1. Advertising 2. Personal Selling 3. Sales Promotion 4. Publicity 5. Public Relations. Element # 1. Advertising: It is a paid form of non-personal mass communication by an identified sponsor. The mass media used include print media, direct mail, audio visual media, bill [...]

By |2016-12-04T08:09:42+05:30December 4, 2016|Promotional Mix|Comments Off on Top 5 Elements of Promotional Mix | Products

Objectives of Promotional Communication | Products

This article throws light upon the five main objectives of promotional communication. The objectives are: 1. Behaviour Modification 2. Objective to Inform 3. Objective to Persuade 4. Objective to Remind 5. Specific Objectives. Objective # 1. Behaviour Modification: Promotion seeks to: (a) Modify behaviour and thoughts {e.g., get you to drink coca cola rather than Pepsi), (b) Reinforces existing behaviour [...]

By |2016-12-04T08:09:42+05:30December 4, 2016|Promotional Mix|Comments Off on Objectives of Promotional Communication | Products

Buyer’s Motive and Decision Making Process (With Diagram)

After reading this article you will learn about buyer’s motive and decision making process for purchasing a product. Meaning of Buying Motive: A motive is a drive or an urge for which an individual seeks satisfaction. Thus, any urge moving or prompting a person to purchase decision is called a buying motive. According to S A. Sherlekar. "A buying motive [...]

By |2016-12-04T08:09:42+05:30December 4, 2016|Product Mix|Comments Off on Buyer’s Motive and Decision Making Process (With Diagram)
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