Communication and advertising in marketing
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Transcript of Communication and advertising in marketing
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Integrated Marketing Communications
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Marketing Communication
Marketing communication is the means by which firms attempt to inform, persuade, and remind consumers, directly or indirectly, about the products and brands they sell.
Kotler
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Marketing Communication Builds Brands
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Elements in the Communications Process
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Communication Mix
Advertising• Print and broadcast ads• Packaging inserts• Motion pictures• Brochures and booklets• Posters• Billboards• POP displays• Logos• Videotapes
Sales Promotion• Contests, games,
sweepstakes• Premiums• Sampling• Trade shows, exhibits• Coupons• Rebates• Entertainment• Continuity programs
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Communication Platforms
Events/ Experiences• Sports• Entertainment• Festivals• Arts• Causes• Factory tours• Company museums• Street activities
Public Relations• Press kits• Speeches• Seminars• Annual reports• Charitable donations• Publications• Community relations• Lobbying• Identity media• Company magazine
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Communication Platforms
Personal Selling• Sales presentations• Sales meetings• Incentive programs• Samples• Fairs and trade shows
Direct Marketing• Catalogs• Mailings• Telemarketing• Electronic shopping• TV shopping• Fax mail• E-mail• Voice mail• Blogs• Websites
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Word-of-Mouth Marketing
• Person-to-person• Chat rooms• Blogs
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Response Hierarchy Models
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Steps in Developing Effective Communications
Identify target audience
Determine objectives
Design communications
Select channels
Establish budget
Decide on media mix
Measure results/ manage IMC
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Designing the Communications
• Message strategy• Creative strategy• Message source• Global adaptation
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Creative Strategy• Informational and transformational appeals• Positive and negative appeals
– Fear– Guilt– Shame– Humor– Love– Pride– Joy
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Message Source
Celebrity Characteristics– Expertise– Trustworthiness– Likeability
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Establish the Budget
Affordable
Percentage-of-Sales
Competitive Parity
Objective-and-Task
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Advertising
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What is Advertising?
Advertising is any paid form of nonpersonal presentation and promotion of ideas, goods, or services by an identified sponsor.
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Advertising is
– The time or space devoted to it is paid for– It uses a set format to carry the message rather
than personal, one-on-one selling– It identifies the sponsor of the message
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The Five M’s of Advertising
• Mission• Money• Message• Media• Measurement
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The Main Purpose of Advertising
• To sell products or ideas by presenting its message so well that the customer will buy the product or accept the idea presented.
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Advertising Objectives
• Informative• Persuasive• Reminder• Reinforcement
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Promotional Advertising
• Promotional advertising is advertising that is designed to increase sales by– creating an interest in products– introducing new products and businesses– explaining a product– supporting personal selling efforts– creating new markets
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Factors to Consider in Setting an Advertising Budget
• Stage in the product life cycle• Market share and consumer base• Competition and clutter• Advertising frequency• Product substitutability
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Massage
• Select the basic appeal• Rational• Emotional • Celebrity • Sex• The power of novelty
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Media
• Media are the agencies, means or instruments used to convey messages
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Three Categories of Advertising Media
• Print media• Broadcast media• Specialty media
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Print Media
• Print media can include any of the following:– Newspapers– Direct Mail– Magazine– Outdoor Advertising– Directory Advertising– Transit Advertising
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Why is Newspaper Advertising Important?
• Approximately 55% of adults read the newspaper everyday.
• Do you read the newspaper?• Do your parents read the newspaper?
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Advantages & Disadvantages of Newspaper Advertising
• Large readership• Known circulation (easy to target)• Low cost• Timely and flexible
– Wasted circulation– Disposable (short lifespan)– Poor quality advertising
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Print Ads
Advantages• Detailed product
information• Ability to
communicate user imagery
• Flexibility• Ability to segment
Disadvantages• Passive medium• Clutter• Unable to
demonstrate product use
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Print Ad Evaluation Criteria
• Is the message clear at a glance?• Is the benefit in the headline?• Does the illustration support the headline?• Does the first line of the copy support or explain the
headline and illustration?• Is the ad easy to read and follow?• Is the product easily identified?• Is the brand or sponsor clearly identified?
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Direct Mail Advertising
• Advertising that is sent directly to prospective customers through the mail
• (More than $80 billion in goods and services sold annually through direct mail)
• Have you ever bought anything through direct mail advertising?
• What do you do with it when you get it?
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Advantages & Disadvantages of Direct Mail Advertising
• Advertiser can be highly selective• Flexible • Wide choice of formats• Can use coupons or other incentives• Can directly make the sale
– Low level of response – High costs– Poor image often not read
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Outdoor Advertising
• Non-standardized outdoor signs are used by local firms at their place of business or in other locations throughout the community.
• Standardized outdoor signs are available to local, regional or national advertisers.
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Advantages and Disadvantages of Outdoor Advertising
• Highly visible• Relatively inexpensive• Permits easy repetition of message• Can be geographically tailored for target
market– Short message due to limited viewing time– Unknown audience– Government regulations
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Directory Advertising
• Alphabetical listing of businesses– Relatively inexpensive– Found in 98% of households - all demographics– Kept for at least a year - not thrown away– Very inflexible due to being printed yearly– Wasted advertising (to non-target market)
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Advantages and Disadvantages of Radio Advertising
• Select and audience - target their market
• Flexible - can change quickly and easily
• Mobile (can be taken anywhere - shopping, jogging, hiking or driving
• Short life span• Sometimes many
stations - have to decide which to use or use them all (more expensive)
• Distractions - no visual involvement
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Television Advertising
• The ultimate advertising medium because it can communicate with sound, action and color
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Television
Advantages• Reaches broad spectrum of
consumers• Low cost per exposure• Ability to demonstrate
product use• Ability to portray image and
brand personality
Disadvantages• Brief • Clutter• Lack of attention by viewers
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Advantages & Disadvantages of Television Advertising
• All elements for creative message
• Believability• More personal &
effective• Can reach the masses
or target specific interests
• Adaptable to special needs
• Expensive - the highest production costs - too high for small businesses
• Audience size is not assured
• Nuisance - channel surfing - leave during commercials
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Media Selection
• Reach• Frequency• Impact• Exposure
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Choosing Among Major Media Types
• Target audience and media habits• Product characteristics• Message characteristics• Cost
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Evaluating Advertising Effectiveness
• Communication Effect Research– Consumer feedback method– Portfolio tests– Laboratory tests
• Sales-Effect Research