Recap- 25/11/2011, Friday

RECAP -25/11/2011, FRIDAY

1. PROMOTION MIX: is an integration of

i. Advertisements

ii. Sales Promotions, and

iii. Public Relations

2. We discussed about challenges in Public relations.

3. Integrated Marketing Communication (IMC): integrates all the communication channels in a very efficient and objective way.

4. Correlation between TRP and Sales Promotion: very well correlated.

5. Sales Promotion: acts as booster for sales.

6. What is a loyalty card and how are they designed?

i. Prioritization

ii. Benefits

iii. Repository

iv. Retention

v. Repetitive

vi. Repository leads to customization

7. DMO: Distinct Market Offering

8. Challenges for loyalty cards: Loyalty cards are used to profile customers.

9. Advertisements:

Two terms closely associated with advertisements are

i. Zipping: Skipping ads by changing the channels.

ii. Zapping: After recording, watching the program but skipping the ads by forwarding.

10. Contents of Advertisements: Message, theme, offerings, celebrity, logo, jingle, catch line, product and communication.

11. OTS: Opportunity to see.

12. “Advertising brings business.”

13. “Advertising is a weak persuader but is a long time persuader.”

Participant,

Sujit Kumar Jha

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