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Project Kumar
Project Kumar
The report of the study consists of these chapters. They are as follows:
CHAPTER I
INTRODUCTION
The process of planning and executing the conception, pricing, promotion and distribution of ideas, goods and services to create exchanges that satisfy individual and organizational objectives. Therefore a marketing manager or who is in the field of marketing they should have to focus on the Marketing Mix we have 4Ps they are as follows: Product Price Place and
Promotion
All these factors are most important tools and techniques in the marketing management but if we consider the wide area which makes profit and achieve organizational objectives and goals by making sales i.e., promotion of the product or service. Effectiveness of Promotion Mix:The promotion mix is the utmost important factor for the marketing challenges. The main promotional mix and its importance and need can be derived in the following ways they are as follows:-
Advertising Sales promotion Personal selling and salesmanship Publicity and Other promotional activities
Marketing communications or promotion helps marketers communicate information to potential customers about the products existence, value and the benefits that can be accrued from it. It comprises one of the four elements of the marketing mix. Designing an effective marketing communication mix helps marketers to attract, persuade, urge and remind customers of the companys brands. Compared with the communication options available to marketers in the past, there are now a larger number and greater diversity of communication options available. Thus, the design, implementation and evaluation of communication programs in the current business scenario pose a significant challenge to marketers. The marketer has to integrate these various communication options to derive the maximum benefit for the company. Designing and integration of these communication options can be compared to how a composer combines various musical instruments in an orchestra. Even though the use of a single instrument may suffice, the use of a combination of instruments improves the quality of the rendition. Thus, by integrating the various communication options, a marketer develops an integrated marketing communication program.
Research methodology:
This survey is conducted to study and test promotional mix by which effective tool makes a sale. For this purpose I have selected 50 respondents from Bangalore district. To collect primary data from respondents we designed a schedule. The schedule contains questions which are as follows: a) Personal identification b) Social background. c) About the study. The collected information is edited, classified tabulated the data is analyzed & interpreted. Finally conclusions are drawn and suggestions are being offered.
Sources of data:
The following are the main sources of data collection.
Primary data
It is collected through Personal discussions schedules served with the experts.
Secondary data
The data is collected through literature published in various articles relating to Effectiveness of promotional mix by Bajaj motors. The information also gathered from various media print and electronic, news papers, magazines, Pamphlets & Catalogues Television channels and Internet.