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Promotion Promotion may mean: * Promotion (rank) * Promotion (marketing) o Film promotion o Promotional campaign o Promoter (entertainment) o Promotional recording o Radio promotion * Promotion (academic) * Promotion (chess) - when a pawn reaches the eighth rank * Promotion (linguistics) * Promotion and relegation, in league sports * Professional wrestling promotion * The Promotion, a 2008 film * Promotion in Motion, a candy company Promotion (rank) A promotion is the advancement of an employee's rank or position in an organizational hierarchy system. Promotion may be an employee's reward for good performance i.e. positive appraisal. Before a company promotes an employee to a particular position it ensures that the person is able to handle the added responsibilities by screening the employee with interviews and tests and giving them training or on-the-job experience. A promotion can involve advancement in terms of designation, salary and benefits, and in some organizations the type of job activities may change a great deal. The opposite of a promotion is a demotion. Promotion (marketing) Promotion involves disseminating information about a product, product line, brand, or company. It is one of the five key aspects of the marketing mix. (The other three elements are product marketing, pricing, pay role and distribution.) Promotion is generally sub-divided into two parts: * Above the line promotion: Promotion in the media (e.g. TV, radio, newspapers, Internet and Mobile Phones) in which the advertiser pays an advertising agency to place the ad * Below the line promotion: All other promotion. Much of this is intended to be subtle enough for the consumer to be unaware that promotion is taking place. E.g. sponsorship, product placement, endorsements, sales promotion, merchandising, direct mail, personal selling, public relations, trade shows The specification of these four variables creates a promotional mix or promotional plan. A promotional mix specifies how much attention to pay to each of the four subcategories, and how much money to budget for each. A promotional plan can have a wide range of objectives, including: sales increases, new product acceptance, creation of brand equity, positioning, competitive retaliations, or creation of a corporate image. The term "promotion" is usually an "in" expression used internally by the marketing company, but not normally to the public or the market - phrases like "special offer" are more common. An example of a fully integrated, long-term, large-scale promotion are My Coke Rewards and Pepsi Stuff. Film promotion Film promotion is the practise of promotion specifically in the film industry. As with all business it is an important part of any release because of the inherent high financial risk; film studios will invest in expensive marketing campaigns to maximize revenue early in the release cycle. Marketing budgets tend to equal anywhere between half or three times the production budget. Publicity is generally handled by the distributor and exhibitors. Advertising campaign An advertising campaign is a series of advertisement messages that share a single idea and theme which make up an integrated marketing communication (IMC). Advertising campaigns appear in different media across a specific time frame. The critical part of making an advertising campaign is determining a champion theme, as it sets the tone for the individual advertisements and other forms of marketing communications that will be used. The campaign theme is the central message that will be communicated in the promotional activities. The campaign themes are usually developed with the intention of being used for a substantial period but many of them are short lived due to factors such as being ineffective or market conditions and/or competition in the marketplace and marketing mix. Promoter (entertainment) An entertainment promoter is a person or company in the business of marketing and promoting concerts, festivals, raves, nightclubs or other live events. Promotional recording A promotional recording, or promo (recently known as a radio single), is a recording issued on vinyl, CD, cassette tape, VHS, or DVD and distributed free in order to promote a commercial recording. Promos are usually sent out to music radio and television stations, music journalists and reviewers in advance of the official release date so that their reviews will appear in the current publications, and DJs. They are often distributed in plain white packaging, without the text or artwork that appears on the commercial version. Typically a promo is marked with some variation of the following text: "Licensed for promotional use only. Sale is prohibited." It may also state: "Item is to be returned to the distributor upon demand." Before the advent of formats other than vinyl records, a type of promo surfaced known as an "acetate". These records were made of a cheaper and lower quality acetate vinyl. They were generally made in very low quantity and often had hand-written labels. Frequently they were only a test pressing, and thus were called "promo acetate test pressings". In modern usage the term "acetate" or "promo acetate" usually refers to a cheaply manufactured CD-R made up to efficiently promote the product with minimal expense. Promos are distributed to expose a new product or release to those who are in a position to market it and entice the general public to purchase it. In very rare cases promotional items are recalled by the distributor. For example a promotional CD and cassette of the 1994 album Under the Pink, by Tori Amos, was recalled because Amos had not approved of the cover artwork. It was sent back with the cover art removed. Copies of the promo sell for hundreds of dollars as opposed to a commercially released copy which sells for ten.[citation needed] There is also an EP by Marilyn Manson, Smells Like Children, which was recalled because the music contained unauthorized spoken word and audio samples from various movies such as Willy Wonka & The Chocolate Factory. The EP was re-edited and redistributed without the samples, making an original promo copy of the EP extremely rare and valuable. Because promos are produced in smaller quantity than releases made available to the general public, they are considered valuable collector's items. Contrary to popular belief, it is not illegal to sell promotional recordings. Despite the recording industry's insistence that promos may not be sold, given away, or even discarded, the federal district court ruling in UMG v. Augusto affirms that ownership is transferred to the recipient under the First Sale Doctrine, regardless of any "not for resale" labels. (UMG Recordings, Inc. v. Augusto, No. CV 07-03106, slip op. (C.D. Cal. June 10, 2008). Radio promotion Radio promotion is the division of a record company which is charged with placing songs on the radio. They maintain relationships with program directors at radio stations and attempt to persuade them to play singles to promote the sale of recordings, such as CDs, sold by the record company. They may also pay a fee to a third party, known as an independent promoter, who has a financial relationship with the radio station or its parent company. Doctorate A doctorate is an academic degree or professional degree that in most countries represents the highest level of formal study or research in a given field. In some countries it also refers to a class of degrees which qualify the holder to practice in a specific profession (such as law or medicine). The best-known example of the former is the Ph.D. (Doctor of Philosophy), while examples of the latter include the U.S. degree of Doctor of Medicine and the Dutch Professional Doctorate in Engineering. In some countries, the highest degree in a given field is referred to as a terminal degree, although this is by no means universal (the phrase is not in general use in the U.K., for example), practice varies from country to country, and a distinction is sometimes made between terminal professional degrees (such as the J.D.) and terminal research degrees (such as the LL.D. J.S.D., or S.J.D.).[1] The term doctorate comes from the Latin docere, meaning "to teach", shortened from the full Latin title licentia docendi, meaning "license to teach."[citation needed] Promotion (chess) Promotion is a chess term describing the transformation of a pawn that reaches its eighth rank into the player's choice of a queen, knight, rook, or bishop of the same color (Just & Burg 2003:16). The new piece replaces the pawn on the same square and is part of the move. Promotion is not limited to pieces that have already been captured (Schiller 2003:18-19). Pawn promotion often decides the result of a chess endgame. Chessboard with extra black and white queen for promotion at 35th Chess Olympiad Since the queen is the most powerful piece, the vast majority of promotions in practical play are to a queen. Promotion to a queen is often referred to as queening. A promotion to a piece other than the queen is called underpromotion (Golombek 1977). Promotions to king are allowed in some chess variants, such as suicide chess. As noted below, at one time promotion was not mandatory, and the player could choose to have a pawn reaching the eighth rank remain a pawn. In some fairy chess variants, promotions to pieces of the opponent's color are also possible. Promotion and relegation In many sports leagues around the world (with U.S., Canadian and Australian professional leagues being the most notable exceptions), promotion and relegation is a process that takes place at the end of each season in which teams are transferred between divisions. The best-ranked teams in each division are promoted to the next-highest division, and at the same time the worst-ranked teams in the higher division are relegated (or demoted) to the lower division. This process may continue down through several levels, with teams being exchanged between levels 1 and 2, levels 2 and 3, levels 3 and 4, and so on. Sometimes, qualifying rounds are used to promote and relegate. The number of teams exchanged between each pair of divisions is normally identical, unless the higher division wishes to change the size of its membership or has lost one or more of its clubs (to financial insolvency, for example) and wishes to restore its previous membership size, in which case fewer teams may be relegated from that division, or accepted for promotion from the division below. Such variations will almost inevitably cause a knock-on effect through the lower divisions. For example, in 1995 the English Premier League voted to reduce its numbers by two and achieved the desired change by relegating four teams instead of the usual three, whilst only allowing two promotions from the Football League First Division. The system is seen as the defining characteristic of the "European" form of professional sports league organization. Promotion and relegation have the effect of maintaining a hierarchy of leagues and divisions, according to the relative strength of their teams. They also maintain the importance of games played by many low-ranked teams near the end of the season, which may be at risk of relegation; in contrast, a low-ranked U.S./Canadian team's final games serve little purpose, and in fact losing may even be beneficial to such teams, yielding a better position in the next year's draft. The downside of relegation, however, is the potential severe economic hardship or even bankruptcy for demoted clubs. Some leagues (most notably English football's Premier League) offer "parachute payments" to its relegated teams for the following year(s)[1], sums which often are higher than the prize money received by some non-relegated teams, in order to protect them from bankruptcy. There is of course a corresponding bonanza for owners of promoted clubs. Teams in line for promotion may have to satisfy certain non-playing conditions in order to be accepted by the higher league, such as financial solvency, stadium capacity, and facilities. If these are not satisfied, a lower-ranked team may be promoted in their place, or a team in the league above may be saved from relegation. In sports like bandy, ice hockey and floorball, the concept of promotion and relegation is used also for the World Championships, as well as the Athletics European Cup. Professional wrestling promotion A professional wrestling promotion (also federation or fed) is a company or business that performs regular shows involving professional wrestling. 'Promotion' also describes a role which entails management, advertising and logistics of running a wrestling event (see promoter). Currently, the major wrestling organizations in North America are World Wrestling Entertainment (WWE), the National Wrestling Alliance (NWA), and Total Nonstop Action Wrestling (TNA) Ring of Honor (ROH) (all based in the United States), and the Mexican lucha libre promotions Consejo Mundial de Lucha Libre and Asistencia Asesoría y Administración. There are federations throughout Europe and in Japan, South America, Puerto Rico, Australia, New Zealand and the rest of the Caribbean. There are also a number of small independent wrestling organizations that are upstarts or the creations of former wrestlers from the bigger promotions. Some of the smaller organizations include Jersey All Pro Wrestling, Border City Wrestling, Combat Zone Wrestling, and Ohio Valley Wrestling. The Promotion The Promotion is a 2008 American comedy film written and directed by Steven Conrad. A look at the quest for the American Dream, it focuses on two grocery store managers trying for a promotion. The film premiered at South by Southwest in March 2008. It was released by Dimension Films on June 6, 2008.
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