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Question
Neerkamal was a pen manufacturer. He used to make ball point pens in a small factory in the basement of his house. Daily he would go to the marketplace and distribute pens to the retailers. Some of the pens were sold by him of his own by meeting persons on road. He had not kept any name for his pens. They were just blue, black and red pens. One of his friends suggested him to keep a good name of his pens. He kept his own name and started selling pens with the name of Neerkamal Pens. Then there were three categories of pens - Neerkamal Red, Neerkamal blue and Neerkamal black. Gradually his business started to pick up even more and he made good revenue.
- Which element of promotion mix has been highlighted in the above case? (1)
- Discuss any two characteristics of the element of product mix discussed in the above para. (2)
- What are benefits of the identified element of product mix? (3)
- Differentiate between the element of promotion mix identified in part (a) and the element of promotion mix which is a paid form of communication having mass reach. (2)
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Solution
- Personal Selling
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Two Characteristics of the Element of Product Mix (Branding):
- Branding: Branding gives a unique identity to the product, making it stand out from competitors.
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Builds Recognition: A good brand name, like “Neerkamal Pens”, makes it easier for customers to remember and identify the product.
- Benefits of Branding:
- Product Identification: Makes it easier for customers to recognise and choose the product.
- Building Loyalty: Creates trust and emotional attachment with customers.
- Facilitating Promotion: Brands make advertising and promotional activities more effective.
- Difference Between Advertising and Personal Selling:
Advertisement Personal Selling Non-personal form of communication, reaching a large audience. nvolves personal, face-to-face interaction with customers. Paid form of promotion, using mass media like TV, radio, print, etc. irect, interactive communication between seller and buyer.
