Special Advertising Situations. Lecture Outline Discuss retail advertising and what makes it...
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Transcript of Special Advertising Situations. Lecture Outline Discuss retail advertising and what makes it...
Special Advertising Situations
Lecture Outline
Discuss retail advertising and what makes it distinctive
Explain the basics of B2B advertising Identify the basic goals and operations
of nonprofit and social marketing Describe the strategic decisions behind
international advertising and IMC
Retail Advertising
Retail marketing is about selling and shopping
Occurs on local, national, and international levels
Accounts for nearly half of all the money spent on advertising
Retail Advertising Objectives
Build store traffic Build store brand awareness Sell a variety of products and brands Deliver sales promotion messages Create and communicate store image Establish store brand that resonates with
audience Create customer desire to shop
Retail vs. Brand Advertising
Local Retail Advertising Targeted to people
living in the store’s community
Promotes several different or competing brands
Has an inherent urgency Advertises a specific
local store
Brand Advertisers Typically deliver
a more standardized message
Supports only the advertiser’s brand
More concerned with image
Retail Advertising Strategies
Cooperative advertising
When the national brand reimburses the retailer for part or all of the advertising expenses Ad allowances
Retail Advertising Strategies
Cooperative advertising
Institutional and product retail advertising
Institutional retail advertising sells the retail store as a brand
Product retail advertising presents specific merchandise for sale at a certain price
Creating the Retail Ad
Why would you shop in your store? Personnel Location Pricing policy Products History Social responsibility issues Image
The Media of Retail Advertising
Local retailers prefer reach over frequency
Newspapers and direct mail largest local retail advertising media
ShoppersPreprints
Business-to-Business Advertising
Industrial advertising
Directed at original equipment manufacturers
Business-to-Business Advertising…
Industrial advertising
Government advertising
Largest purchaser of industrial goods
Such goods may be advertised in government-targeted publications
Business-to-Business Advertising…
Industrial advertising
Government advertising
Trade/channel advertising
Used to persuade distribution channel members to stock the products of the manufacturer
Business-to-Business Advertising…
Industrial advertising
Government advertising
Trade/channel advertising
Professional advertising
Directed at mostly white-collar workers or advertising/marketing specialists
Business-to-Business Advertising…
Industrial advertising
Government advertising
Trade/channel advertising
Professional advertising
Agricultural advertising
Promotes a variety of products and services Animal health
products Seeds Machinery and
equipment Crop dusting Fertilizer
Business-to-Business Advertising…
B2B Buying Behavior
Purchasing objectives Price Service Quality Assurance of
supply
Creating B2B Advertising
Select strongest benefit
Dramatize most important benefit
Relevant visual Clear offer Provide contact
information
B2B Advertising Media
General business and trade publications Directory advertising Consumer media The Web Direct marketing
Nonprofit or Social Marketing
Cause/Mission Marketing
Adopting a good cause and sponsoring community and fund-raising efforts
Links a company’s mission and core values to a cause
Nonprofit Marketing Fundraising Public
communication campaigns
International Advertising and Marketing Communication
Stages of Development
Exporting Internationalization Globalization
Global vs. Local Standardization Localization Combination
Planning Global Marketing Communication Programs
Market or Culture Orientation
Market-orientation model
Culture-orientation approach
Control vs. Adaptation
Local initiative Centrally conceived
campaigns Variations on
central campaigns Bottom-up
creativity
Planning a Global Strategy
Global advertising objectives Targeting issues Positioning the global brand Setting the budget Executing the international campaign Organizing for the international
campaign
BibliographyPrinciples of Advertising & IMC by Tom Duncan 2nd Edition, Published by McGraw-Hill Irwin.
Event Management For Tourism, Cultural, Business and Sporting Events by Lynn Van Der Wagen Brenda R. Carlos Published by Pearson Prentice Hall.
Advertising Principles and Practice by W. Wells, S. Moriarty and J. Burnett, Published by Prentice Hall International.
Integrated Marketing Communications by DavidPickton & Amanda Broderick Published by Prentice Hall.
The End:
“Success is not the key to happiness.
Happiness is the key to success.
If you love what you are doing, you’ll be a success.”