Back to category: Business Limited version - please login or register to view the entire paper. promotion Promotion is often described as the fourth and final element in the 'marketing mix', as conceptualised by McCarthy (de Sáez 1993), the other elements being 'product', 'price' and 'place'. Promotion itself is often divided into a 'mix', best understood as a portfolio of promotional techniques or channels, selected to meet the prescribed objectives of the promotional strategy (Rowley 1998). Walters (1992) divides the promotional mix into advertising, personal selling, public relations and promotions, while Rowley (1998) adds direct marketing, sales promotion, and sponsorship. There is a common factor between all of these 'tools' of promotion: they all involve or constitute a communication model. Some critics actually refer to the promotional element of the marketing mix as 'marketing communication' (de Sáez 1993). What is the relationship between promotion and communication? Rowley (1998, p. 383) suggests that 'promotion is one side of the communication process', the other s... Posted by: Shelia Olander Limited version - please login or register to view the entire paper. |
|
© 2006 TermPaperAccess.com |