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Marketing Management/Essentials of Marketing




                    Notes          Promotional Mix: It involves several different types of communication to support marketing
                                   goals which include Advertising, Personal selling, Publicity, and Sales promotions.
                                   Public Relations: It is a management function that involves monitoring and evaluating public
                                   attitudes and maintaining mutual relations and understanding between an organization and its
                                   public.

                                   10.7 Review Questions


                                   1.  Define marketing communications. What are the main elements of communications
                                       process?
                                   2.  Explain hierarchy model. For what kind of purchases do these models fail, when it comes
                                       to explaining the steps consumers take in making buying decisions?
                                   3.  Determine the term message appeal. Illustrate your answer with three examples each of
                                       rational and emotional appeals.
                                   4.  Emotional appeals are appropriate for what kind of products? Give your reasons.
                                   5.  Determine the significance of message source.
                                   6.  ‘Market and product characteristics affect promotion mix’. Discuss.

                                   7.  What are the different methods for promotion budget determination. Which is the best
                                       method, in your view?
                                   8.  Explain the term integrated marketing communications. How can a company apply this
                                       concept? Give relevant example to support it.
                                   9.  Is communication process relevant for the growth of an organisation? Critically examine
                                       with relevant facts and figures.
                                   10.  A new company has introduced a FMCG product in the market. Suggest the promotion
                                       methods that the company should use and why?
                                   Answers: Self Assessment


                                   1.  Promotion                         2.   Promotion mix
                                   3.  Remind                            4.   (c)
                                   5.  (d)                               6.   (d)
                                   7.  (a)                               8.   (b)

                                   9.  False                             10.  True
                                   11.  True                             12.  True
                                   13.  False                            14.  Integrated Marketing Communications
                                   15.  Planned                          16.  Purchase















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