Selected Marketing Questions and Answers
Although views differ about optimal strategies, there is a near universal consensus that effective marketing practices are the lifeblood of any commercial operation (Rasul, 2018). The purpose of this paper is to provide timely and informed answers to a series of guiding questions concerning marketing and promotion methods. The paper begins by briefly explaining the nature of the three basic promotion methods and continues with a discussion concerning the three basic objectives to the four jobs (AIDA) of promotion and a salient example. Finally, an explanation concerning how an understanding of the adoption process would help develop a promotion blend is followed by a summary of the research and important findings concerning the foregoing issues in the conclusion.
Briefly explain the nature of the three basic promotion methods available to a marketing manager. What are the main strengths and limitations of each?
Personal selling. This basic promotion method uses verbal and nonverbal communication by the seller to persuade prospective customers to make a positive purchase decision. Because personal selling involves face-to-face communications, the overarching strength of this method is the fact that sellers have the opportunity to provide instantaneous and individualized feedback concerning consumer questions which can facilitate closing the sale (Perrault & McCarthy, 2002). For instance, according to Olumoko and Abass (2012), “Personal selling is a unique element of marketing, it does not only create awareness and provide information about the features of the products; it also adopts individualistic approach that is designed to meet specific need of prospects and specific market segments” (p. 147). The main limitation of this promotion method, however, is its highly limited range that typically involves just one or a few potential customers.
Mass selling. Far more common today compared to personal selling in most developed countries, this basic promotion method communicates a marketing message to large numbers of prospective customers simultaneously (Perrault & McCarthy, 2002). The main limitation of this promotion method is the lack of opportunities to provide instant feedback to customers’ questions which is not available with mass selling in the same fashion as with personal selling, its main strength is its ability to reach large numbers of prospective customers in a highly cost effective manner (Collins & Schumacher, 2009).
Sales promotion: Finally, this basic promotion method involves the use of conventional promotional activities that are intended to sufficiently pique potential customers’ interest to convince them to give the product a try (Perrault & McCarthy, 2002). This promotion method, however, does not include advertising, personal selling or publicity. The main strength of this promotion method is its ability to attract significant amounts of short-term interest in a product or service in ways that can help persuade customers to give a product or service a trial and subsequently engage in a positive purchase decision.
Relate the three basic promotion objectives to the four jobs (AIDA) of promotion using a specific example.
The three basic promotion objectives (informing, persuading, and reminding) of the four AIDA jobs (get attention, maintain interest, arouse desire, and secure action) (Perrault & McCarthy, 2002) are discussed below.
Informing. Even the world’s best product (or service) will not gain and sustain a competitive advantage unless potential customers are aware of its existence and how it can improve their lives (Perrault & McCarthy, 2002). This promotion objective is focused on educating prospective consumers about the attributes of a product or service that will motivate them to learn more. In this regard, Ohumoko and Abass (2012) emphasize that, “A product that is well conceived and produced through the combination of the most modern technologies and the best of inputs cannot sell itself. There is the need for the existence of such product to be made known to the target market” (p. 148).
A specific example of this type of objective...
References
Chandra, N. (2014, October 27). Five stages to consumer adoption process. WeLink. Retrieved from https://welink.com/blog/2014/10/27/the-consumer-adoption-process-never-changes/.
Collins, S. & Schumacher, J. (2009, October). Unleashing the partnership marketing opportunity: Create better products and more effective marketing campaigns at lower cost. CRM Magazine, 9(10), 56.
Gilligan, C. & Wilson, R. M. (2009). Strategic marketing planning. London: Routledge.
Higgins, B. (2014, October). Brand: What really defines your brand? ABA Banking Journal, 106(10), 16-20.
Khan, S. & Rohi, S. (2013, April). Investigating the factors affecting youth brand choice for mobile phones purchase. Management & Marketing, 8(2), 369-371.
Lorenzo-Romero, C. & Alarcón-del-Amo, M. (2014, January). Determinants of use of social media tools in retailing sector. Journal of Theoretical and Applied Electronic Commerce Research, 9(1), 44-47.
Olumoko, T. A. & Abass, O. A. (2012, April). The role of personal selling in enhancing client satisfaction in Nigerian insurance market. Journal of Emerging Trends in Economics and Management Sciences, 3(2), 147-151.
Perrault, W. D. & McCarthy, J. (2002). Basic marketing: A global managerial approach. New York: McGraw-Hill.
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