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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