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  1. Give the characteristics of the factors in developing company’s promotion mix.

Type of product market. Promotional allocations vary between consumer and business markets. Although advertising is used less than sales calls in business market, it still plays a significant role in building awareness and comprehension, serving as an efficient reminder of the product, generating leads, legitimizing the company and products, and reassuring customers about their purchases. Personal selling can also make a strong contribution in consume-goods marketing by helping to persuade dealers to take more stock and display more of the products, build dealer enthusiasm, sign up more dealers, and grows to sales at existing accounts.

Push-versus-pull strategy. A push strategy involves the manufacturing using sales force and trade promotion to induce intermediaries to carry, promote, and sell the product to end users.

A pull strategy involves the manufactures using advertising and consumers to ask intermediaries for the product thus inducing the intermediaries to order it.

Buyer-readiness stage. Promotion tools vary in cost effectiveness at different stages of buyer readiness. Advertising and publicity play the most important roles in the awareness-building stage. Customer comprehension is affected primarily by advertising and personal selling, while customer condition is influenced mostly by personal selling. Closing the sale is influenced mostly by personal selling and sales promotion. Reordering is also affected mostly by personal selling and sales promotion and somewhat by reminder advertising.