What two issues must be considered when putting together a firms promotional mix quizlet?

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First, the balance of the elements must be determined.

Should advertising be emphasized more than personal selling? Should a promotional rebate be offered? Would public relations activities be effective? Several factors affect such decisions: the target audience for the promotion, the stage of the product's life cycle, the characteristics of the product, the decision stage of the buyer, and even the channel of distribution.

Second, because the various promotional elements are often the responsibility of different departments, coordinating a consistent promotional effort is necessary. A promotional planning process designed to ensure integrated marketing communications [IMC] can facilitate this goal.

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What elements are considered part of the promotional mix quizlet?

The elements of the promotional mix include advertising, public relations, sales promotion, personal selling, and social media. Advertising is a form of impersonal, one-way mass communication paid for by the source. Public relations is the function of promotion concerned with a firm's public image.

What are the main elements of the promotional mix?

A promotional mix is an allocation of resources among five primary elements:.
Advertising..
Public relations or publicity..
Sales promotion..
Direct marketing..
Personal selling..

What is the most important factor in determining the promotional mix?

ADVERTISEMENTS: It is the prime factor affecting promotional mix. Different objectives can be achieved by using different tools of promotional mix. If company's objective is to inform a large number of buyers, advertising is advisable.

What are the four common elements of a promotional mix?

The marketing mix, also known as the four P's of marketing, refers to the four key elements of a marketing strategy: product, price, place and promotion.

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