MM Lesson 7-8
MM Lesson 7-8
- The marketing mix consists of the four "P's": post, or a PR event—should reflect the same
values and voice.
Product, Price, Place, and Promotion.
- The Promotion Strategy focuses on how to Coordination Across Teams Discuss how
inform potential customers about the product or marketing, sales, PR, and digital teams need to
service and persuade them to buy it. It includes work together to ensure that campaigns are
various ways of communicating with your audience cohesive. Without this collaboration, efforts
to raise awareness, generate interest, and drive might be disjointed and confuse the audience.
sales. This can involve advertising, sales
promotions, public relations, and more. The goal is
Examples of Successful IMC Campaigns Look
to make people aware of your product and
encourage them to purchase. into real-life campaigns where brands
successfully used IMC. For instance, Coca-Cola’s
“Share a Coke” campaign effectively used TV ads,
social media, outdoor billboards, and special
Target Audience Discuss how understanding
product packaging.
the audience (demographics, psychographics)
helps shape the promotion strategy. Tailoring
messages based on age, interests, income levels,
Advertising, Sales Promotion, and Public
etc., leads to more effective promotions.
Relations
Promotion Channels Explore the different
channels used for promotion—traditional (TV, Advertising This is when a company pays to
print, radio) vs. digital (social media, email, promote its product or service to a large
influencers). Each has unique advantages, costs, audience through media like TV, radio,
and audience reach. magazines, or digital platforms. Ads aim to
create awareness and convince people to take
Budget Allocation How companies decide on action, like buying a product.
their promotional budget. Some use the
"percentage of sales" method, others follow
Sales Promotion These are short-term
"competitive parity" (matching what competitors
spend), or focus on their promotional objectives incentives used to encourage people to buy a
to decide the budget. product immediately. Examples include
discounts, coupons, or "buy one, get one free"
offers. The goal is to create urgency and
boost sales in the short term.
Integrated Marketing Communications (IMC)
Online ads (like Google ads or Facebook ads) Mailchimp, HubSpot, and ConvertKit help
businesses send marketing emails, newsletters,
Content marketing (creating valuable
and promotions to their subscriber lists.
content like blogs or videos to attract
customers)
Analytics Tools Google Analytics is one
example. It helps businesses track website
ONLINE CONSUMER BEHAVIOR traffic, user behavior, and sales. It tells you
where visitors are coming from and what content
This refers to the habits and actions of they are engaging with the most.
consumers when they use the internet to search
for, learn about, or buy products. Understanding
SEO and SEM Tools Tools like Google Ads,
online consumer behavior helps businesses know
how to best market their products. Here are a Moz, or Ahrefs help companies improve their
few key factors: