2.2.7

Promotion & Advertising

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Promotional Methods

Promotional methods are the different methods that businesses use to inform consumers about their product and to persuade consumers to buy them. Some promotional methods are:

Advertising

Advertising is the most obvious promotional method. Advertising is sometimes called “above the line” promotion and it involves a business paying to have their product or service promoted in a public space. It aims to make consumers aware of a product and to get them to buy the product or service.

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Types of advertising platform

  • Advertising can happen through various platforms, such as Newspapers, Magazines, Television, Internet, Billboards or Social Media.
  • The platform that a business uses depends on the target market of the product or service.
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Choosing an advertising platform

  • The platform that businesses choose is important to make sure that they reach the right target market and have the maximum impact.
    • For example, social media or a TV programme may be a better way to reach young people than a broadsheet newspaper like The Times.

Jump to other topics

1Enterprise & Entrepreneurship

1.1The Dynamic Nature of Businesses

1.2Spotting a Business Opportunity

1.3Putting a Business Idea into Practice

1.4Making the Business Effective

1.5Business Stakeholders

2Building a Business

2.1Growing the Business

2.2Making Marketing Decisions

2.3Making Operational Decisions

2.4Making Financial Decisions

2.5Making Human Resource Decisions

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