Is promotion marketing?

Have you ever wondered, “Is promotion . . . . . marketing ?”

Likewise with advertising, promotion through its extensive use of the advertising vehicle has landed its role as perplexed as the misplaced advertising. In all its intent & purpose, promotion activities carried out by many companies has become marketing per say; as promotion is used to generate purchase, induce consumer purchase, induce pantry stocking and its all placed under the expense of marketing. Why is this so - one may ask?

To get a glimpse of this scenario all one needs to do is to look at the number “price – off”, “special offers”, “consumer premium gifts”, etc.; that are funded by manufacturers and advantaged by the retail trade. To us, the sole purpose & role of promotion is lost and promotion is done solely for volume gains and to wedge competition, so to speak.

Now a big Question comes to mind, how long can one wedge competition by throwing special promotions; weekly, monthly, year round? In the Malaysian retail trade, it has gotten so bad now that most retail stores have sale after sale throughout the year just to encourage consumer spending. This has thought consumers to be very smart, if its not on sale; don't buy it! What kind of impact do you think a year long promotion will have on your brand?

So trying to wedge competition by throwing countless promotions is not feasible due to the number of products & SKU’s available in the marketplace, moreover the cost to do so is in itself prohibitive, even if you have a multi-million dollar budget.

Yet again, here we see a marketing tool which is obviously misconceived and misplaced. The age old rule & role of promotion primarily is to build consumer trust and acceptance of the “Brand” through product trials & usage thereby generating brand royalty, perhaps, even loyalty.

So lets keep those “price – off”, “special offers” & “consumer premium gifts” to a minimum and ensure that their usage is done so sparingly and in the correct context.