Advanced Marketing (Master) Content Skills Learning Targets Assessment Resources & Technology CEQ: WHAT IS PROMOTION, PLACE AND PRICE?

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1 St. Michael-Albertville High School Teacher: Jeanne Fisher Advanced Marketing (Master) September 2014 CEQ: WHAT IS PROMOTION, PLACE AND PRICE? Text: Marketing Essentials, Glencoe What is promotion? 1.Promotin mix 2. types What is advertising? 1. media 1. Explain the role of promotion in business and marketing 2. Identify types of promotion 3. Distinguish between public relations and publicity 4. Explain the elements of a news release 5. Describe the concept of promotional mix 6. Define sales promotion 7. Explain the use of promotional tie-ins, trade sale promotions and loyalty marketing programs role of promotion in business and marketing LT2. I can identify types of promotion LT3. I can distinguish between public relations and publicity LT4. I can explain the elements of a news release LT5. I can describe the concept of promotional mix LT6. I can define sales promotion LT7. I can explain the use of promotional tie-ins, trade sale promotions and loyalty marketing programs CFA= Project CSA= Chapter 17 Test Chapter 17 Vocabulary: promotion, advertising, direct marketing, social media, sales promotion, public relations, publicity, push/pull policies, coupons, premiums, incentives, promotional tie-ins, promtional tie-ins 1 of 6

2 2. campaign CFA= Project CSA= Chapter Test What are channels of distribution? 1.Distribution 2. Distribution planning What is pricing? Price planning 1. Price planning isues 1. Explain the concept and purpose of advertising in the promotional mix 2. Identify the different types of advertsing media 3. Discuss planning and selection of media 4. Discuss how media campaigns are developed 5. Explain the role of an advertising agency 1. Explain the concept of channel of distribution 2. Identify channel members 3. Compare differenct channels of distribution 4. Explain distribution planning 5. Name and describe the three levels of distribution concept and purpose of advertising in the promotional mix LT2. I can identify the different types of advertsing media LT3. I can discuss planning and selection of media LT4. I can discuss how media campaigns are developed LT5. I can explain the role of an advertising agency concept of channel of distribution LT2. I can identify channel members LT3. I can compare differenct channels of distribution CFA= Distribution Project CFA= Channels of Distribution Chapter 21 test Chapter Vocabulary: advertising, promotional advertising, institutional advertising, media, print media, transit advertising, broadcast media, internet advertising, podcast, blogs, specialty media, media planning, advertising planning, advertising agencies, logotype, headline, copy. illustration, signature, slogan Chapter 21 Vocabulary: channel of distribution, intermedaries, wholesalers, rack jobbers, drop shippers, retailers, brick and mortar stores, e- 2 of 6

3 2. Price planning factores intensity tailing, agents, direct 6. Explain the effect of the distribution, indirect Internet on distribution distribution, exclusive planniong CFA= Pricing Project distribution, integrated 7. Describe the challenges CSA= Chapter 25 Test distribution, selective of international distribution distribution, intensive planning distribution, e-marketplace What is purchasing? 1. Role of the buyer 2. process What are marketing careers? 1. Market career research 1. Recognize the different forms of pricing 2. Explain the importance of pricing 3. List the goals of pricing 4. Differentiate between market share and market position 5. List the four market factors that affect price planning 1. Define the terms used to describe organizational buyers 2. Explain how planning purchases differs between an industrial market and a LT4. I can explain distribution planning E5. I can name and describe the three levels of distribution intensity LT6. I can explain the effect of the Internet on distribution planniong LT7. I can describe the challenges of international distribution planning LT1. I can recognize the different forms of pricing LT2. I can explain the importance of pricing LT3. I can list the goals of pricing LT4. I can differentiate between market share and market position LT5. I can list the four market factors that affect price planning LT1. I can define the terms CFA= Project CSA= Chapter 23 Test Video: When Horses Fly, IZZIT Chapter 25 Vocabulary: price, return on investment, market share, market position, break-even point, demand elasticity, diminishing marginal utility, price fixing, price discrimination, unit pricing, loss leader Chapter 23 Vocabulary: organizational 3 of 6

4 reseller's market CFA= Marketing Carreer buyers, wholesale and retail 3. List the different types of Project buyers, six month purchase situations CSA= Chapter 38.1 Test merchandise plan, op-tobuy, 4. Explain criteria for centralized buying, selecting suppliers decentralized buying, want What is price strategy? 5. Name the factors involved in negotiating slips, consignment buying, memorandum buying, terms of a sale reverse auction 6. Describe the various Internet purchasing methods What is physical distribution? 1. Reseach potential a marketing career used to describe organizational buyers LT2. I can explain how planning purchases differs between an industrial market and a reseller's market LT3. I can list the different types of purchase situations LT4. I can explain criteria for selecting suppliers LT5. I can name the factors involved in negotiating terms of a sale LT6. I can describe the various Internet purchasing methods LT1. I can reseach potential a marketing career CFA= Project CSA= Chapter 26 Test Chapter 38.1 Vocabulary: references, resume, cover leter, networking, job lead, What is visual 1. Name the three pricing policies used to establish a base price 2. Explain two polar pricing policies for introducing a new product 3. Explain the relationship between pricing and the LT1. I can name the three pricing policies used to establish a base price LT2. I can explain two CFA= Distribution Project CSA= Chapter 22 Test Chapter 26 Vocabulary: mark-up, oneprice policy, flexble price policy, skimming pricing, penetration pricing 4 of 6

5 merchandising and display? What is packaging and labeling? Packaging & labeling product life cycle 4. Describe pricing strategies that adjust the base price 5. List the steps involved in determining price 1. Identify transportation systems and services that move products from manufacturers to consumers 2. Name the different kinds of transportation service companies 3. Explain the concept and function of inventory storage. 4. Identify the types of warehouses. 1. Explain the concept and purpose of visual polar pricing policies for introducing a new product LT3. I can explain the relationship between pricing and the product life cycle LT4. I can describe pricing strategies that adjust the base price LT5. I can list the steps involved in determining price LT1. I can identify transportation systems and services that move products from manufacturers to consumers LT2. I can name the different kinds of transportation service companies LT3. I can explain the concept and function of inventory storage. LT4. I can identify the types of warehouses. CFA= Visual Merchandising Project CSA=Chapter 18 Test CFA= Packaging and Labeling Project CSA= Cha[ter 31, Section 2 Test Chapter 22 Vocabulary: physical distribution, transportation, common carriers, contract carriers, private carriers, exempt carriers, ton mile, carload, freight forwarders Chapter 18 Vocabulary: visual merchandising, display, storefront, marquee, store layout, fixtures, point of purchase displays, interactive kiosk 5 of 6

6 merchandising 2. Identify the elements of visual merchandising 3. Describe types of display arrangements 4. List the steps in creating a display Chapter 31, section 2 K1. Explain the functions of product packaging K2. Identify the funciton of labels concept and purpose of visual merchandising LT2. I can iidentify the elements of visual merchandising LT3. I can describe types of display arrangements LT4. I can list the steps in creating a display functions of product packaging LT2. I can identify the funciton of labels Vocabulary: package, mixed bundling, pice bundling, blisterpacks, aseptic packaging, label, brand label, descriptive label, grade label 6 of 6

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