Marketing Mix Promotion: Marks and Spencer - A Detailed Analysis
VerifiedAdded on  2022/12/30
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Report
AI Summary
This report analyzes the marketing mix promotion strategies employed by Marks and Spencer. It emphasizes the importance of promotion within the marketing mix, highlighting how the company leverages digital and social media platforms, such as Facebook, YouTube, and Instagram, to attract a global customer base. The report details the use of both traditional and modern methods, including brochures, newspaper ads, and television advertisements, to reach local and international markets. It discusses the significance of customer loyalty programs, like the Sparks program, in retaining customers and building brand image. Furthermore, it explores how Marks and Spencer utilizes promotional strategies, including celebrity endorsements, to enhance brand visibility and customer engagement, ultimately aiming to increase profits and maintain a competitive advantage in the marketplace. The analysis underscores the critical role of these promotional efforts in minimizing costs and maximizing market reach.