MKT202_Ch15_2015 v2.pdf
Transcript of MKT202_Ch15_2015 v2.pdf
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Kotler ArmstrongPhillip Gary
Principles of Marketing
AwS/NSU
Chapter: 15 MKT202 Advertising and Public
Relations
Definition
Advertising Any paid form of non-personal
presentation and promotion of ideas,goods, or services by an identifiedsponsor.
Not only by profit seeking organizationsbut also by non-profits.
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Major Advertising Decisions
ObjectivesSetting
Communicationobjectives
Sales Objectives
Budget DecisionsAffordable ApproachPercent of salesCompetitive parityObjective and task
Message DecisionsMessage Strategy
Message Execution
Media DecisionsReach, Frequency, Impact
Major Media TypesSpecific Media Types
Media Timing
Campaign EvaluationCommunication Impact
Sales Impact
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An advertising objective is a specificcommunication task to be accomplishedwith a specific target audience during aspecific time
Objectives are classified by primary purpose Inform Persuade Remind
Setting Advertising Objectives
Informative advertising is used when introducing anew product category; the objective is to buildprimary demand
Setting Advertising Objectives
Persuasive advertising is important with increasedcompetition to build selective demand
Setting Advertising Objectives
Comparative
advertisingdirectly orindirectlycompares thebrand with oneor more otherbrands
Setting Advertising Objectives
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Reminder advertising is important with mature products tohelp maintain customer relationships and keep customersthinking about the product
Setting Advertising Objectives
Setting Advertising Budget
Product Life-Cycle Stage
Market Share
Market Competition
Brand Differentiation
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Product life-cycle stage New products require larger budgets Mature brands require lower budgets
Market share Building or taking market share requires larger
budgets Markets with heavy competition or high
advertising clutter require larger budgets Undifferentiated brands require larger budgets
Setting the Advertising Budget Developing Advertising Strategy
Advertising strategy: By which the companyaccomplishes its advertising objectives.
Its two major elements are: Creating ad messages Selecting ad media
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Creating Ad messages: increase number of TV channels,average ad expose numbers, remote control etc.
Advertisements need to break through the clutter:Gain attentionCommunicate well
::: Merging advertisement and entertainment :::
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Developing Advertising Strategy
Developing advertising strategy
Message Strategy: Advertisement appeal should bemeaningful, believable, distinctive.
Message execution: Turn Creative Concept (big idea)into actual ad execution that will capture target marketsattention and interest. Creative people must find the best style,tone, words, and format for executing the message.
Many execution styles : slice of life, lifestyle,fantasy, mood/image, musical, personality symbol,scientific evidence, testimonial.
Tone: +ve or ve tone Words: finger lickin' good. Format: Illustration, headline, copy 16
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Attitudes
FrequencyReach
Impact
Selecting Advertising Media
Select specific media vehicles: specificmedia within each general media type.BTV/ATN Bangla; Ittefaq/P-Alo/Kaler Kantho,Daily Star, Shaptahik2000, Anandadhara, ICEToday?
Decide on media timing: Hallmark occasions, Even continuity or uneven Pulsing.
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Developing advertising strategy
Major Media Types
Advertising
Newspapers Television Direct Mail
Radio Magazines Outdoor
Internet
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Other advertising consideration:In-house agencyIndependent agency
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Advertising
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