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I MC plays a major role in the process of developing and sustaining brand identity and equity. Integrated Brand Promotion (IBP) is the process of using a wide range of promotional tools. IBP uses: - advertising - Point of Purchase (in-store) materials - Direct Marketing (catalogs, infomercials, email) - Personal Selling - Internet advertising - Blogs - Podcasting - Event sponsorship - Outdoor signage / billboards - Public relations - Public
I MC plays a major role in the process of developing and sustaining brand identity and equity. Integrated Brand Promotion (IBP) is the process of using a wide range of promotional tools. IBP uses: - advertising - Point of Purchase (in-store) materials - Direct Marketing (catalogs, infomercials, email) - Personal Selling - Internet advertising - Blogs - Podcasting - Event sponsorship - Outdoor signage / billboards - Public relations - Public
I MC plays a major role in the process of developing and sustaining brand identity and equity. Integrated Brand Promotion (IBP) is the process of using a wide range of promotional tools. IBP uses: - advertising - Point of Purchase (in-store) materials - Direct Marketing (catalogs, infomercials, email) - Personal Selling - Internet advertising - Blogs - Podcasting - Event sponsorship - Outdoor signage / billboards - Public relations - Public
Brand I dentity is a combination of factors: Name, logo, symbols, design, packaging, product or service performance, and image or associations in the consumers mind. I MC plays a major role in the process of developing and sustaining brand identity and equity. 2007 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin BRANDING COMMUNICATIONS Marketing Communications Objective To enhance brand equity by moving customers to favorable action toward the brandtrying it, repeat purchasing it, and becoming loyal toward the brand. Brand Equity The degree to which consumers favorably perceive the brands features and benefits as compared to competitive brands and how strongly these views are held in memory Making Brand-Level Marcom Decisions and Achieving Desired Outcomes From IMC to IBP
C o u p o n s Coordinated promotional activities reinforce one another PPT 1-18 Integrated Brand Promotion (IBP) is the process of using a wide range of promotional tools working together to create widespread brand exposure. IBP is a process IBP uses a wide ranges of tools including: Advertising Point of Purchase (in-store) materials Direct Marketing (catalogs, infomercials, email) Personal Selling Internet advertising Blogs Podcasting Event sponsorship Brand entertainment (product placement on TV shows, in movies) Outdoor signage/billboards Public relations Influencer (peer-to-peer) communications Corporate advertising
What is Integrated Brand Promotion? MARCOM: MAIN OBJECTIVES INFORMING Product Launch phase Explanations of Products features & benefits REMINDING Product Sales Growth phase Competitive positioning
PURSUADING Product Maturity phase Applies to consumers memory (brand specific) TARGET AUDIENCE VALUE OF OBJECTIVES Communication. Help to orient everyone involved in the IMC program toward one, common goal. Planning and decision making. Serve as criteria for developing plans and making decisions. Measurement and evaluation of results. Provide the standards and benchmarks for evaluating results. TYPES OF OBJECTIVES Marketing objectives. Statements of what is to be accomplished by the overall marketing program within a given time period.
Defined in terms of specific measurable outcomes.
TYPES OF OBJECTIVES IMC Communication objectives. Statements of what the communications will accomplish. Based on the particular communication tasks required to deliver the appropriate messages to the specific target audience.
The message is delivered at a relevant point within the targets purchase decision making process and consumption experience. TYPES OF OBJECTIVES Sales objectives. Carryover effect- money spent on advertising does not necessary have an immediate impact on sales.
Sales objectives offer little guidance for planning and development of the IMC program.
Poor sales can be the result of many factors. FACTORS AFFECTING SALES Product Quality Promotion Distribution Competition Technology The Economy Price Policy SALES THE DAGMAR APPROACH Define Advertising Goals for Measuring Advertising Results
THE DAGMAR APPROACH Using DAGMAR, an advertising goal involves a communication task that is specific and measurable. It is based on a hierarchical model of the communication process. Awareness Comprehension Conviction Action CHARACTERISTICS OF OBJECTIVES Well-Defined Target Audience Concrete Measurable Communication Tasks Existing Benchmark Measure Degree of Change Sought Specific Time Period Specific Measurable-Attainable-Realistic-Timely LIMITATIONS OF DAGMAR Problems with response hierarchy Consumers do not always go through this sequence of the communication effects before making a purchase.
Practicality and costs Research costs more than it is worth.
Inhibition of creativity Imposes too much structure. COMPREHENSIVE RESPONSE MODEL APPLICATIONS Lavidge and Steiner Hierarchy of Effects Model As consumers proceed through the three stages, they move closer to purchase. Cognitive -- Affective -- Conative Consumers are not expected to respond to advertising immediately.
Ads must provide relevant information and create favorable predispositions toward the brand before purchase behavior will occur. EFFECTS OF ADVERTISING ON CONSUMERS Conative Realm of motives. Ads stimulate or direct desires.
Affective Realm of emotions. Ads change attitudes and feelings
Cognitive Realm of thoughts. Ads provide information and facts. Purchase
Conviction
Preference
Liking
Knowledge
Awareness Point of purchase Retail store ads, Deals Last-chance offers Price appeals, Testimonials
Teaser campaigns COMMUNICATIONS EFFECTS PYRAMID Lower level objectives such as awareness and knowledge or comprehension must be accomplished first.
The initial stages are easier to accomplish than than those toward the top.
The percentage of prospective customers will decline as they move up the pyramid. COMMUNICATIONS EFFECTS PYRAMID 90% Awareness 70% Knowledge 40% Liking 25% Preference 20% Trial 5% Use TRADITIONAL ADVERTISING-BASED VIEW OF COMMUNICATIONS, FOCUSES ON WHAT THE MARKETER WANTS TO SAY, WHEN THE MARKETER WANTS TO SAY IT. Purchase Behavior Attitudes Knowledge Preference Conviction One-Way Linear Advertising Through Media Acting on Consumers SETTING IMC OBJECTIVES
TARGET AUDIENCE In setting the direction for any IMC plan or component, there must be a clear idea of the customer status of the target audience.
The key question Is the communication directed towards current customers or non customers?
TARGET AUDIENCE Current Customers Brand Loyal Customers regularly buy the firms products.
Favorable Brand Switchers buy the focal brand, but also buy other brands within the product category.
TARGET AUDIENCE Non-customers New category users customers not currently purchasing in the focal brands product category.
Other brand switchers purchase a few different brands within the product category, but not the focal brand.
Other brand loyals purchase only one brand and are completely loyal. BEHAVIORAL OBJECTIVES Trial Brand trial purchase a consumers first purchase of a focal brand. Brand trial objectives are established as consumers naturally enter the market as they reach a certain age or have income. Brand re-trial purchase a consumers first purchase of a focal brand after some time delay. Brand re-trial objective focuses on the length of delay between purchases. BEHAVIORAL OBJECTIVES Trial Category trial objective Category trial purchase a consumers first purchase in a product category that the consumer had not purchased previously. Repeat purchase A customers continued purchase of a focal brand within a specified time period. Repeat purchase objective how often to purchase, how much to purchase, when to purchase. BEHAVIORAL OBJECTIVES Purchase Related Behaviour An action that consumers take that will lead to a higher probability of consumption.
Repeat Consumption The continued consumption of a brand once purchased. Repeat Consumption Objective For communicating with current brand purchasers who have the product.
COMMUNICATION OBJECTIVES Category Need Pertains to whether the target audience feels the need to purchase within the actual product category. Category can be: omitted, reminded or emphasized
Brand Awareness Creating a deeper understanding and knowledge of the brand. Forms of Brand Awareness: recognition and recall
COMMUNICATION OBJECTIVES Brand Attitude Prior understanding of the existing brand attitude is needed to choose an option. Brand Attitude Options: established, maintained, increased, modified, or changed.
Brand Purchase Intention Brand Purchase is assumed or generated.
Purchase Facilitation Purchase facilitation is included or omitted. THE MARKETING PLAN The importance of marketing planning Marketing plan Effect of the marketing plan on advertising Top-down marketing Situation analysis Marketing objectives Marketing strategy Marketing tactics THE ADVERTISING PLAN Reviewing the marketing plan SWOT analysis Setting advertising objectives Understanding what advertising can do The advertising pyramid The old model vs. the new THE PLANNING CYCLE Are we there? If not, why not? Where are we? Where could we be? Market Consumers Results Feedback Situation Analysis Co. Potential Where do We want to go? Objectives and Strategy How do we get there? Lets get there Plan Implementation 12-33 Advertising creativity is a product of teamwork between copywriters, art directors, and even broadcast directors work together to generate concept, word, and picture ideas. In advertising, creativity if both a job description and a goal. Creativity is a special form of problem solving. THE ROLE OF CREATIVITY IN ADVERTISING 12-34 CREATIVE BRIEF Spells out the creative strategy and key execution details Prepared by the account planner to summarize the basic marketing and advertising strategy Provides direction to the creative team to develop a creative concept 12-35 KEY POINTS IN A CREATIVE BRIEF Problem that can be solved by communication. Target audience and key insights into their attitudes and behavior. Brand position and other branding decisions, such as personality and image. Communication objectives that specify the desired response to the message by the target audience. Proposition or selling idea that will motivate the target to respond. Media considerations about where and when the message should be delivered Creative direction that provides suggestions on how to stimulate the desired consumer response. These arent creative ideas but may touch on such execution or stylistic direction as the ads tone of voice.
Marketing Management for Beginners: How to Create and Establish Your Brand With the Right Marketing Management, Build Sustainable Customer Relationships and Increase Sales Despite a Buyer’s Market