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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

Explain the following term/concept. Promotion

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प्रश्न

Explain the following term/concept.

Promotion

स्पष्ट करा
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उत्तर

Promotion is a tool of marketing communication that helps to publicize the product to the customer. It helps to convey product features to the potential buyer and inducing them to buy it.
The promotion mix includes tools such as advertising, direct marketing, sales promotion, personal selling, etc. A combination of promotional strategies depends on budget, the message business wants to communicate, and the target market.

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पाठ 8: Marketing - Exercise [पृष्ठ १६७]

संबंधित प्रश्‍न

What is meant by the term place in the marketing mix?


Explain the types of Marketing Mix.


Explain 3Ps in the marketing of services.


Find the odd one.


Explain the following term/concept.

Promotion of the product


The collection of utilities is known as:


Marketing mix does not include ____________.


Which one of the following is not a marketing mix?


Under which of the following situations is a company not likely to fix a lower price for its product?


Marketing mix is the set of ______ that the firm uses to pursue its marketing objectives in the target market.


Which of the following are considered as the pillars of marketing?


Marketing uses ______.


CASE STUDY

Tata Motors-owned Jaguar Land Rover on Friday reported a 4.9 per cent declinein retail sales at 88,121 units in the second quarter ended on September 30, 2020. The company had posted retail sales of 92,710 units in the same quarter previous fiscal year, Sales of the Jaguar brand were at 17,340 units in the second quarter as against 19248 units in the year-ago period, down 9.9 per cent. Similarly, sales of Land Rover brand were down 3.63 per cent at 70,781 units as compared to 73,462 units in the same quarter a year ago.

While there was improvement in sales in the second quarter, it remained constrained by semiconductor shortages, the company said in a statement. "The company continues to see strong demand for its products, with global retail orders again setting new records in the quarter,” it said adding, as on September 30, 2022, the total order book has grown to 2.05 lakh units, up around 5,000 orders from June 30, 2022.

Demand for the new Range Rover, new Range Rover Sport and Defender remained strong, accounting for over 1.45 lakh of the 2.05 lakh orders, it added.

With reference to above case study, answer the following questions:

  1. Explain the advantages of training Tata motor employees.
  2. Analyse and advise on any two suitable promotional mix for Tata motors.
  3. In the context of above case study, Analyze any five advantages of advertising to manufacturers.

Which one of the following is not one of the Ps of marketing?


______ denotes the money value of a product or service. It is the amount of money seller is asking for the product or service he offers for sale or the amount which buyers are to pay for it.


Marketing mix for products consists of ______.


“It is a set-off tangible and physical attributes such as material colour, design, size, weight, etc., assembled in an identifiable form better seller offers to customers for sale.” What is it?


______ represents an integrated approach to marketing.


Enumerate the elements of a price mix.


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