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Any paid form of non-personal presentation & promotion of ideas, goods or services by an identified sponsor mostly used by business firms, non-profit organizations, professionals, social agencies
ADVERTISING OBJECTIVES
A specific communication task to be accomplished with a specific target audience during a specific period of time.
ADVERTISING BUDGET
depends on its stage in the product life cycle and market share. New Products typically need large advertising budgets to build awareness & to gain consumer trial. Mature Brands usually require
More Competitive Brands in a market with many competitors and high advertising clutter must be advertised more heavily to be noticed above the noise in the market. Undifferentiated Brands may require heavy advertising to set them apart. Differentiated Brands : For such products, advertising can be used to
Media Planning function & creating the message are equally important.
Advertisement cannot succeed unless it communicates well & gains attention. Good advertising messages are important in existing costly & cluttered advertising
MESSAGE STRATEGY
Identify customer benefits Example: Head & Shoulder compelling creative concept Example:Safeguard Antibacterial Soap Creative concept may emerge as a visualization a phrase a combination of two Advertising appeals should have following three characteristics Meaningful Believable Distinctive Example: Colgate Toothpaste
MESSAGE EXECUTION
Any message can be presented in different execution styles, such as Slice of Life Lifestyle Fantasy Mood or Image Musical Personality Symbol Technical Expertise Scientific Evidence Testimonial Evidence or Endorsement
SLICE OF LIFE
Example: Tang Instant Drink
LIFE STYLE
Example: Ads of Yamaha, Honda, Suzuki etc
FANTASY
MODEL OR IMAGE Example:
Pantene
Example: PONDS Dream Flower Talcum Powder
MUSICAL
PERSONALITY SYMBOL
TECHNICAL EXPERTISE
Example: Haleeb Milk Pack Nido
SCIENTIFIC EVIDENCE
Example: Dettol an Antibacterial Soap Harpic Power
MESSAGE EXECUTION
Advertiser must choose a tone for the ad. Example:Nokia Mobile Phone Advertiser must use memorable and attention getting words in the ad Example: Habib Cooking Oil---Format elements make a difference in an ads impact as well as in its cost. A reader notices the Illustration Headline Copy Example: Surf Excel Moreover these three elements must
ADVERTISING MEDIA
1.
Deciding on reach, frequency and impact Choosing among major media types Selecting specific media vehicles
2.
3.
Major media types are: Newspapers Television Direct mail Radio Magazines Outdoor Internet Factors influencing media choices Media Habits of Target Consumers Nature of the Product Advertising Cost Media Impact Media Multi-Taskers
cost per thousand persons reached by a vehicle. costs of producing ads for different media. media cost measures against several media impact factors like Audience Quality Audience Attention Editorial Quality
Continuity Pulsing
EVALUATING ADVERTISING
ADVERTISING CONSIDERATIONS
if your trade promotion rupees, arent building your brand, what the hell are they building??
SALES PROMOTION
short-term incentives to encourage the purchase or sale of a product or service Unlike advertising offers reasons to buy a product or service, sales promotion offers reason to buy now! constitutes wide variety of promotion tools designed to stimulate
..targeted toward final buyers, retailers and wholesalers, business customers, and members of the sales force Pressure on project managers to increase sales Competition faced by companies
consumer promotions Trade promotions Sales force Sales promotions are usually used together with advertising, personal selling, or other promotion mix tools Build long-term customer relationships.. by either sales promotion or even price promotions
The size of the incentive Conditions for participation Promote & distribute the promotion program itself..! Length of the promotion Evaluation : effecttiming of demand OR
total demand
Surveys
Samples Price Packs Premium Advertising Specialty Patronage Reward Contests, Sweepstakes, Games
SAMPLE
Reduced price that is marked by the producer directly on the label or package..
PREMIUM
Advertising Specialty
Patronage Reward
Cash or other awards for the regular use of a certain companys products or services.
Sweepstakes, Games
Promotional events that give consumers the chance to win something such as cash, trips, or goods by luck or through extra effort.. E.g. Jazz
persuade resellers to carry a brand, give it shelf space, promote it in advertising, and push it to consumers. Many of the tools used for consumer promotions contests, premiums, displays can also be used as trade promotions.
PUBLIC RELATIONS
Let me ask you something. How would you feel if all your phone conversations last night were secretly taped and made public today??
It can be defined as: building good relations with the companys various publics by obtaining favorable publicity, building up a good corporate image and handling or heading off unfavorable rumors, stories and events.
FUNCTIONS OF PR DEPARTMENT
PRESS RELATIONS OR PRESS AGENCY: e.g advertising in the paper or having press releases
FUNCTIONS OF PR DEPARTMENT
PRODUCT PUBLICITY e.g advertisements PUBLIC AFFAIRS LOBBYING e.g the scenario when the import of cars was delayed
FUNCTIONS OF PR DEPARTMENT
INVESTOR RELATIONS e.g attracting a bank to start a joint venture DEVELOPMENT e.g sponsoring a fund raising event or marathon
Has a strong impact on people lower cost usually gives spectacular results e.g. the pre launch hype about DJUICE
Located usually in the head quarters. Deals with multiple kinds of publics plays important role in brand building
A very controversial yet recognized book titled THE FALL OF ADVERTISING & THE RISE OF PR states that building the brand name is not advertisings baby its actually the work of PR.
MAJOR PR TOOLS
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A public relation manager uses various tools news speeches special events buzz marketing
MAJOR PR TOOLS
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Mobile marketing written materials Audiovisual materials Corporate identity materials companys website Contributing to Public Service Activities