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Transcript of 1)Examine overall mkting plan 2)Role of advertising and promotion 3)Completive analysis 4) Assess...
1)Examine overall mkting plan2)Role of advertising and promotion3)Completive analysis4) Assess environmental influences
Analysis of promotional programInternal analysis1.Promotional dept org2.Firms ablility to
implement promotional program.
3.Agency evaluation & seletion
4.Review of past programm result
External analysis1) consumer
behaiviour analysis2. mrkt segmentation
& target mrktng & market positioning
3)Analysis of communication processAnalyse recever response proceesAnalys source message , chanell factor, establish comm gaols and objective.
4)Budget determinationSet tentative mrtking comm. BudgetAllocate best budget
5)Develop IMC programmeAdvertisingDirect mrktngInternet mrktingSales promotionPRPersonal selling
6)Impleting comm. strategiesIntegrate promotional mix strategies.Create & produce adsPurchase media time & spaceDesign & implement direct mrkting
programm.Design & distribute sales promotion materialDesign & implement PRDesign & implement interactive / internet
mrktng programs
7) Monitor evaluate & control IMC programEvaluate promotional program result
effectivenessTake mesures to control & adjust
promotional strategies.
Creative Strategy: Implementation and Execution
Outline of Presentation:
Definition
Types of Appeals
Execution of Appeals
What is Creative Strategy?
Creativity is the “ability to bring something new into existence”.
Strategy is the term used “to gain competitive advantage over the competitors”.
“Determining what the advertising message will say or communicate” is called Creative Strategy.
Advertising Creativity is “the ability to generate fresh, unique, and appropriate ideas that can be used as solutions to communications problems”.
To form a creative advertisement, the advertiser uses Advertising Appeals & its Execution.
AdvertisingAppeals
AdvertisingAppeals
ExecutionStyle
ExecutionStyle
Informational/Rational Appeals focuses on the consumer’s practical, functional, or utilitarian needs for the product or service and emphasize features of a product or service and/or the benefits or reasons for owning or using a particular brand.
The content of these messages emphasizes facts, learning, and the logic of persuasion.
Rational-based appeals tend to be informative, and advertisers using them generally attempt to convince consumers that their product or service has a particular attribute(s) or provides a specific benefit that satisfies theirneeds.
1.) Informational/rational appeals
Popularity: Stresses the brand’s popularityPopularity: Stresses the brand’s popularity
News: News announcement about the productNews: News announcement about the product
Price: Makes price offer the dominant pointPrice: Makes price offer the dominant point
Competitive: Makes comparisons to other brandsCompetitive: Makes comparisons to other brands
Feature: Focus on dominant traits of the productFeature: Focus on dominant traits of the product
Types of Informational/Rational Appeals
Feature Competitive
Price
News
Popularity
Emotional appeals relate to the customers’ social and/orpsychological needs for purchasing a product or service. Many consumers’ motives for their purchase decisions are emotional, and their feelings about a brand can be moreimportant than knowledge of its features or attributes.
Advertisers for many products and services view rational, information-based appeals as dull.
2.) Emotional Appeals
SafetySecurityFearLove, AffectionHappiness, JoyhomesicknessSentimentExcitementencouragement
StimulationSorrow, Grief Pride AchievementAccomplishment Self-esteem EmbarrassmentActualization Pleasure Ambition Comfort
Types of Emotional Appeals
Levels of Relationships With Brands
Emotions
Personality
Product Benefits
Ad Execution Techniques
Personality Symbol
Straight sell
Scientific/Technical
Demonstration
Comparison
Testimonial Humor
Slice of life
Imagery
Animation
Dramatization
Combinations
Straight Sell or Factual Image
Scientific/technicalCOLGATE ADVERTISE OF KID DENTIST KA
SUJAYA NO.1 BRAND
DEMONSTRATIONTide washing powder
ANIMATIONZOO-ZOOO VODAFONE:
SLICE OF LIFEBourn Vita
TESTIMONIALDOVE 7 days challenge
PERSONALITY SYMBOLESHAH RUKH KHAN – Airtel & Nerolac
DRAMATIZATIONMENTO FRESH
Basic Components of Print Advertising
LayoutHow Elements Are Blended Into a Finished Ad
LayoutHow Elements Are Blended Into a Finished Ad
Visual Elements Illustrations Such As Drawings or PhotosVisual Elements Illustrations Such As Drawings or Photos
Body CopyThe Main Text Portion of a Print Ad
Body CopyThe Main Text Portion of a Print Ad
SubheadsSmaller Than the Headline, Larger Than the Copy
SubheadsSmaller Than the Headline, Larger Than the Copy
HeadlineWords in the Leading Position of the Ad
HeadlineWords in the Leading Position of the Ad
Headlines Help Select Good Prospects
Ad Layout
Indirect headline
Body copy
Visual element
Creative Tactics for Television
Sight Motion Sound
Jingles
Production Stages for TV Commercials
ProductionProduction Period of filming, taping, or recordingPeriod of filming, taping, or recording
Preproduction Tasks
Select a directorSelect a director
Cost estimation and timing
Cost estimation and timing
Choose production company
Choose production company
BiddingBidding
Preproduction meeting
Preproduction meeting
Production timetable
Production timetable
PreproductionPreproduction
Production Tasks
LocationLocation TimingTiming TalentTalent
ProductionProduction
Postproduction Tasks
PostproductionPostproduction
Evaluation Guidelines for Creative Output
Consistent with brand marketing objectives?Consistent with brand marketing objectives?
Consistent with brand advertising objectives?
Consistent with creative strategy, objectives?Consistent with creative strategy, objectives?
Communicates what it’s supposed to?Communicates what it’s supposed to?
Approach appropriate to target audience?Approach appropriate to target audience?
Communicates clear, convincing message?Communicates clear, convincing message?
Does execution overwhelm the message?Does execution overwhelm the message?
Appropriate to the media environment?Appropriate to the media environment?
Truthful and tasteful?Truthful and tasteful?
Strategic Marketing Marcom Execution Creative ServicesStrategic marketing servicesTactical marcom execution servicesCreative services
Strategic marketing services
marketing plansproduct launch planscustomer acquisition planspositioningproduct naming and brand architecture
Tactical marcom Execution Serviceswebsite developmentsearch engine optimizationbrochures, datasheets, case studiessales materials and presentation preparationenhanced direct mail programsadvertising programspress releasesproduct backgrounderstrade show and event coordination
Creative services
branding, re-brandinglook+feel, design languagelogosbrand guidesproduct visualstrade show materials and booth designspostersad creationpackaging designscopy writing
The Media-Planning ProcessMedia planning
The design of a strategy that shows howinvestments in MARCOM time and space will
contribute to the achievement ofmarketing objectives.
Advertising Strategy
Advertising
Objectives
AdvertisingBudget
MessageStrategy
MediaStrategy
Media Strategy
• Target Audience Selection
• Objective Specification
• Media and Vehicle• Media Buying
Marketing
Strategy
Measuring the effectiveness of all promotional tools and IMC. ReachFrequencyWeightContinuityRecencyCost
1. What proportion of the population should be reached with message during specified period (reach)
2. How frequently should audience be exposed to message during this period (frequency)
3. How much total advertising is needed to accomplish reach and frequency objectives (weight)
4. How should the MARCOM budget be allocated over time (continuity)
5. How close to the time of purchase should the target audience be exposed to the communication message (recency)
6. What is the most economically justifiable way to accomplish objectives (cost)
1)Reach
Percentage of target audience that isexposed to an advertisement, at least
once, during a certain time frame(usually four weeks)
2)FrequencyAverage number of times, on average, during
the media-planning period that members of the target audience are exposed to the media vehicles that carry a brand’s advertising message
3)WeightHow much advertising volume is required to
accomplish advertising objectives
Three weight metrics:
Gross ratings
Target ratings
Effective ratings
What Are Ratings? Ratings, in an advertising sense, simply mean
the percentage of an audience that has an opportunity to see an advertisement placed in a particular vehicle.
Weight: Gross Rating Points Gross rating points, or GRPs, arean indicator of the amount of grossweight that a particular advertisingschedule is capable of delivering
Weight: Target Rating Points (TRPs)Adjust a vehicle’s rating to reflect just
those individuals who match the advertiser’s target audience
The Concept of Effective ReachHow often does the target audience have an
opportunity to be exposed?Effective reach is based on the idea that an
advertising schedule is effective only if it does not reach members of target audience too few or too many times
Determining GRPs in PracticeGRPs are the sum of all vehicle ratings in a
media scheduleRating: proportion of the target audience
presumed to be exposed to a single occurrence of an advertising vehicle in which the advertiser’s brand is advertised
Effective Reach in Advertising Practice
3-10 exposures during a media-planning period (typically 4 weeks)
Using multiple mediaSubjective factors must be considered
An Alternative: Frequency Value PlanningThe objective is to select the media schedule
that generates the most exposure value per GRP.
ContinuityHow advertising is allocated during the
course of an advertising campaign: how should the media budget be distributed?
Continuous advertising schedule: an equal number of ad dollars are invested throughout the campaign
Pulsing: some advertising is used during every period of the campaign, but the amount of advertising varies from period to period.
Flighting: the advertiser varies expenditures throughout the campaign and allocates zero expenditures in some months.
(1)Consumers’ first exposure to an advertisement is the most powerful
(2)Advertising’s primary role is to influence brand choice
(2) Achieving a high level of weekly reach for a brand should be emphasized over acquiring heavy frequency
• Advertising teaches consumers
• Influence brand selection• Messages are most effective when
close to purchase time• Cost-effectiveness of first exposure is greater than subsequent• Allocate budget to reach consumers often• Reach target audience continuously rather than sporadically
Cost per Thousand (CPM)
Target Market (TM)
CPM= Cost of ad # of contacts (expressed in thousands)
CPM-TM= Cost of ad # of TM contacts
(expressed in thousands)
TradeoffsTradeoff must be made because media
planners operate under the constraint of a fixed advertising budget