Presentation is loading. Please wait.

Presentation is loading. Please wait.

Promotion Decisions.

Similar presentations


Presentation on theme: "Promotion Decisions."— Presentation transcript:

1 Promotion Decisions

2 Objectives: Communication process Effective communication
Introduction to communication mix Dealing with communication mix

3 Elements in the Communication Process
SENDER Media Message RECEIVER Encoding Decoding Noise Response Feedback

4 Effective Integrated Marketing Communications (IMC)
Step 1. Identifying the Target Audience Effective Integrated Marketing Communications (IMC) Step 2. Determining the Communication Objectives Buyer Readiness Stages(Lavidge and Steiner model) Awareness Knowledge Cognitive Liking Preference Affective Conviction Purchase Motivational

5 Role of Integrated Marketing Communication (IMC)
Start dialogue and build relationship To inform, persuade, and remind consumers directly or indirectly Show way of use and user profile of product or service Inform about brand marketer May offer incentive or reward for trial and usage Communication Objective: DRIP: Differentiate-Reinforce-Inform-Persuade

6 IMC Tools Direct Marketing Interactive/ Internet Marketing Advertising
Sales Promotion Personal Selling Publicity/Public Relations

7 Factors Affecting the Choice of Promotional Mix
Nature of the Product Stage in PLC Target Market Factors Type of Buying Decision Promotion Funds Push or Pull Strategy

8 What is Advertising? Business firms, Nonprofit organizations,
Any paid form of non-personal presentation and promotion of ideas, goods, or services by an identified sponsor. Advertising is used by: Business firms, Nonprofit organizations,

9 Advertising Advantages of advertising Advertiser controls the message
Cost effective way to communicate with large audiences Effective way to create brand images and symbolic appeals Often can be effective way to strike responsive chord with consumers Disadvantages of advertising High costs of producing and running ads Credibility problems and consumer skepticism Clutter Difficulty in determining effectiveness

10 Typical structure in advertising agency
Head (CEO/VP) Creative Client Servicing/ Account Mgmt. Media (Planning & Buying) Accounts Copy Art Ogilvy & Mather India

11 Developing Advertising Strategy Message Execution
Teaser Type ..\ad clip\India - Balbir Pasha Campaign Teaser - YouTube.flv ..\ad clip\India - Balbir Pasha Campaign - Regular - YouTube.flv Turning the “Big Idea” Into an Actual Ad to Capture the Target Market’s Attention and Interest. Testimonial Evidence ..\ad clip\cinthol-testimonial evidence.DAT Slice of Life ..\ad clip\band-aid-slice of life.DAT Scientific Evidence ..\ad clip\Eggs-evidence.DAT ..\ad clip\BANDAID.dat Lifestyle ..\ad clip\Fortune Gold Whiskey-lifestyle.DAT Typical Message Execution Styles Technical Expertise Fantasy ..\ad clip\lehar fantacy 3.DAT Personality Symbol ..\ad clip\PERSONALITY-DEW.dat Mood or Image ..\ad clip\The Hindu - -Classroom- Ad - Good Quality - YouTube.flv Musical ..\ad clip\coke -musicial.DAT

12 Advertising Appeals Profit Health Love or romance Fear Admiration
Chapter 15 Advertising and Public Relations Advertising Appeals Profit Health Love or romance Fear Admiration Convenience Fun and pleasure Vanity and egotism Environmental Consciousness Product saves, makes, or protects money Appeals to body-conscious or health seekers Used in selling cosmetics and perfumes Social embarrassment, old age, losing health Reason for use of celebrity spokespeople Used for fast foods and microwave foods Key to advertising vacations, beer, parks Used for expensive or conspicuous items Centers around environmental protection

13 Major Decisions in Advertising
Objectives Setting Major Decisions in Advertising Budget Decisions Developing Advertising Strategy Message Decisions Developing Advertising Strategy Media Decisions Campaign Evaluation

14 Major Types of Advertising Media
Newspapers Magazines Radio Television Outdoor Media Internet Alternative Media

15 Media Scheduling Continuous Media Schedule
Chapter 15 Advertising and Public Relations Media Scheduling Continuous Media Schedule Advertising is run steadily throughout the period. Flighted Media Schedule Advertising is run heavily every other month or every two weeks. Pulsing Media Schedule Advertising combines continuous scheduling with flighting. Seasonal Media Schedule Advertising is run only when the product is likely to be used.

16 Checklist: Stages:: Campaign Planning
The advertising opportunity is appraised The Market is analyzed Ad objectives are determined The budget and necessary control system are established Planning the strategy for : Selecting Media; Creating Message Ad is coordinated with promotion and marketing system Results are evaluated

17 THANK YOU


Download ppt "Promotion Decisions."

Similar presentations


Ads by Google