Thursday, April 1, 2010
Chapter 14
Chapter 14 to me is what I thought Marketing really was. I didn't realize everything else that was involved. Chapter 14 is about promotion and the promotional mix. A promotional strategy is a plan for the optimal use of the elements of promotion: advertising, public relations, personal selling and sales promotion. These are the things that most people of when they think of "marketing." We also talked about blogging tonight. I have a few friends that have blogs that discuss products and businesses. I am amazed at how many people read these blogs and follow them. It's pretty amazing that a housewife can have so much influence over what people purchase or where they shop.
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