The document discusses marketing mix and advertising. It defines marketing mix as a set of controllable marketing tools comprising the 4Ps - product, price, place, and promotion. Promotion mix is an important element and includes advertising, personal selling, sales promotion, direct marketing, and publicity. Advertising is then defined as any paid, non-personal presentation and promotion of ideas, goods, or services by an identified sponsor according to several experts and authorities.
The document discusses marketing mix and advertising. It defines marketing mix as a set of controllable marketing tools comprising the 4Ps - product, price, place, and promotion. Promotion mix is an important element and includes advertising, personal selling, sales promotion, direct marketing, and publicity. Advertising is then defined as any paid, non-personal presentation and promotion of ideas, goods, or services by an identified sponsor according to several experts and authorities.
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The document discusses marketing mix and advertising. It defines marketing mix as a set of controllable marketing tools comprising the 4Ps - product, price, place, and promotion. Promotion mix is an important element and includes advertising, personal selling, sales promotion, direct marketing, and publicity. Advertising is then defined as any paid, non-personal presentation and promotion of ideas, goods, or services by an identified sponsor according to several experts and authorities.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online from Scribd
Marketing mix is a major concept in modern marketing.
It is a set of controllable, tactical marketing tools that the firm uses to achieve its objectives in the target market. Popularly the “4Ps” are used to represent the elements of marketing mix : PRODUCT,PRICE ,PLACE & PROMOTION.
BBA-VI SEM ( MARKETING ). 2
According to Philip Kotler “A product is anything that can be offered to a market for attention, acquisition, use, or consumption that might satisfy a want or need”.
In the marketing mix product or service is the most
important element.
Promotion mix constitute the specific group of marketing
activities concerned with the communications aspect with existing or potential consumers and relevant public.
BBA-VI SEM ( MARKETING ). 3
The most important elements of promotion mix are : 1.Advertising 2.Personal selling 3.Sales promotion 4.Direct marketing and 5.Publicity.
BBA-VI SEM ( MARKETING ). 4
ADVERTISING
Advertising is a powerful communication force, highly
visible and one of the most important tools of marketing communications that help to sell products, services, ideas, images etc. Advertising is an indicator of the growth of civilization and a pointer of attempts at its betterment and perfection.
BBA-VI SEM ( MARKETING ). 5
DEFINING ADVERTISING
American Marketing Association defines” Advertising is
any paid form of non-personal presentation and promotion of ideas, goods, and services by an identified sponsor”.
John S Wright, Willis L Winter and Sherilyn K Zeigler
“Advertising is controlled, identifiable information and persuasion by means of mass communications media”.
BBA-VI SEM ( MARKETING ). 6
John J Burnett “Advertising is a non -personal communication of marketing related information to a target audience, usually paid for by the advertiser and delivered through mass media in order to reach the specific objectives of the sponsor”
BBA-VI SEM ( MARKETING ). 7
J Thomas Russel and W Roland Lane “ Advertising is a message paid for by an identified sponsor and delivered through some medium of mass communication. Advertising is persuasive communication. It is not neutral; it is not unbiased; it says, I am going to sell you a product or an idea”.
1 Perrault, William D., JR., and Mccarthy, E. Jerome, (2000), "Basic York. 2 Colley, Russell H. (1961), "Defining Advertising Goals For Measured Advertisers