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Developing and Managing the Advertising Campaign

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Presentation on theme: "Developing and Managing the Advertising Campaign"— Presentation transcript:

1 Developing and Managing the Advertising Campaign
The Five Ms of Advertising Mission Money Message Media Measurement Objectives can be classified by aim: Inform Persuade Remind Reinforce

2 Developing and Managing the Advertising Campaign
The Five Ms of Advertising Mission Money Message Media Measurement Factors considered when budget-setting: Stage of product life cycle Market share and consumer base Competition and clutter Advertising frequency Product substitutability

3 Developing and Managing the Advertising Campaign
The Five Ms of Advertising Mission Money Message Media Measurement Factors considered when choosing the advertising message: Message generation Message evaluation and selection Message execution Social responsibility review

4 Developing and Managing the Advertising Campaign
The Five Ms of Advertising Mission Money Message Media Measurement Developing media strategy involves: Deciding on reach, frequency, and impact Selecting media and vehicles Determining media timing Deciding on geographical media allocation

5 Developing and Managing the Advertising Campaign
Major Media Types Newspapers Television Direct mail Radio Magazines Outdoor Yellow pages Newsletters Brochures Telephone Internet

6 Developing and Managing the Advertising Campaign
Deciding on Media Categories Target audience’s media habits, nature of the product and message, cost Media Timing Decisions Macroscheduling vs. microscheduling Continuity, concentration, flighting, and pulsing scheduling options Deciding on Geographical Allocation

7 Developing and Managing the Advertising Campaign
The Five Ms of Advertising Mission Money Message Media Measurement Evaluating advertising effectiveness Communication-effect research Sales-effect research

8 Sales Promotion Sales promotions are short-term incentives designed to stimulate purchase among consumers or trade Purpose of sales promotion Attract new triers or brand switchers Reward loyal customers Increase repurchase rates

9 Steps in Sales Promotion Program Development
Establish objectives Select consumer-promotion tools Select trade-promotion tools Select business- and sales force promotion tools Develop the program Pretest the program Implement and evaluate the program

10 Major Consumer-Promotion Tools
Sales Promotion Major Consumer-Promotion Tools Samples Coupons Cash refunds (rebates) Premiums Prizes (contests, sweepstakes, games) Patronage awards Free trials Product warranties Tie-in promotions Cross-promotions Point-of-purchase displays and demonstrations

11 Public Relations Public relations activities promote or protect the image of a firm or product Public relations functions: Press relations Product publicity Corporate communications Lobbying Counseling

12 Public Relations Marketing Public Relations (MPR)
Plays an important role in New product launches Repositioning of mature brand Building interest in product category Influencing specific target groups Defending products with public problems Building the corporate image Three Major MPR Decisions

13 Major Public Relations Tools
Publications Events Sponsorships News Speeches Public-service activities Identity media

14 Direct Marketing Direct marketing uses consumer-direct channels to reach and deliver offerings to consumers without intermediaries. Direct marketing is growing and offers consumers key benefits. Firms are recognizing the importance of integrated direct marketing efforts.

15 Major Direct Marketing Tools
Face-to-face selling Direct mail Catalog marketing Telemarketing Direct-response TV marketing Kiosk marketing E-marketing

16 Direct Marketing Steps in Developing a Direct-Mail Campaign:
Step 1: Set objectives Step 2: Identify target markets Step 3: Define the offer Step 4: Test the elements Step 5: Measure results


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