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12/15/14 1 Chapter Fourteen Communica)ng Customer Value: Integrated Marke)ng Communica)ons Strategy Copyright ©2014 by Pearson Education, Inc. All rights reserved Communicating Customer Value: Integrated Marketing Communications Strategy • The Promo*on Mix Integrated Marke*ng Communica*ons • A View of the Communica*ons Process • Steps in Developing Effec*ve Marke*ng Communica*on • SeDng the Total Promo*on Budget and Mix • Socially Responsible Marke*ng Communica*on Topic Outline Copyright ©2014 by Pearson Education, Inc. All rights reserved • The promo*on mix is the specific blend of adver*sing, public rela*ons, personal selling, and directmarke*ng tools that the company uses to persuasively communicate customer value and build customer rela*onships The Promotion Mix Copyright ©2014 by Pearson Education, Inc. All rights reserved The Promotion Mix Adver)sing is any paid form of non personal presenta*on and promo*on of ideas, goods, or services by an iden*fied sponsor Broadcast Print Internet Outdoor The Promo)on Mix Copyright ©2014 by Pearson Education, Inc. All rights reserved

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Page 1: Kotler pom 15e 14 - DEUkisi.deu.edu.tr/sumeyra.kurt/MRK 2002/PPT/Kotler_pom_15e_14.pdf · 12/15/14 3 Integrated Marketing ... Socially Responsible Marketing ... Kotler_pom_15e_14.pptx

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Chapter Fourteen

Communica)ng  Customer  Value:  Integrated  Marke)ng  

Communica)ons  Strategy  

Copyright ©2014 by Pearson Education, Inc. All rights reserved

Communicating Customer Value: Integrated Marketing Communications Strategy

•  The  Promo*on  Mix  •   Integrated  Marke*ng  Communica*ons  •  A  View  of  the  Communica*ons  Process  •  Steps  in  Developing  Effec*ve  Marke*ng  Communica*on  

•  SeDng  the  Total  Promo*on  Budget  and  Mix  •  Socially  Responsible  Marke*ng  Communica*on    

Topic  Outline  

Copyright ©2014 by Pearson Education, Inc. All rights reserved

•  The  promo*on  mix  is  the  specific  blend  of  adver*sing,  public  rela*ons,  personal  selling,  and  direct-­‐marke*ng  tools  that  the  company  uses  to  persuasively  communicate  customer  value  and  build  customer  rela*onships  

The Promotion Mix

Copyright ©2014 by Pearson Education, Inc. All rights reserved

The Promotion Mix

Adver)sing  is  any  paid  form  of  non-­‐personal  presenta*on  and  promo*on  of  ideas,  goods,  or  services  by  an  iden*fied  sponsor  

•  Broadcast  •  Print  •  Internet  •  Outdoor      

The  Promo)on  Mix    

Copyright ©2014 by Pearson Education, Inc. All rights reserved

Page 2: Kotler pom 15e 14 - DEUkisi.deu.edu.tr/sumeyra.kurt/MRK 2002/PPT/Kotler_pom_15e_14.pdf · 12/15/14 3 Integrated Marketing ... Socially Responsible Marketing ... Kotler_pom_15e_14.pptx

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The Promotion Mix

Sales  promo)on  is  the  short-­‐term  incen*ve  to  encourage  the  purchase  or  sale  of  a  product  or  service  

•  Discounts  •  Coupons  •  Displays  •  Demonstra*ons  

The  Promo)on  Mix    

Copyright ©2014 by Pearson Education, Inc. All rights reserved

The Promotion Mix

 

Personal  selling  is  the  personal  presenta*on  by  the  firm’s  sales  force  for  the  purpose  of  making  sales  and  building  customer  rela*onships  

•  Sales  presenta*ons  •  Trade  shows  •  Incen*ve  programs  

The  Promo)on  Mix    

Copyright ©2014 by Pearson Education, Inc. All rights reserved

The Promotion Mix

Public  rela)ons  involves  building  good  rela*ons  

with  the  company’s  various  publics  by  obtaining  favorable  publicity,  building  up  a  good  corporate  image,  and  handling  or  heading  off  unfavorable  rumors,  stories,  and  events  

•  Press  releases  •  Sponsorships  •  Special  events  •  Web  pages  

The  Promo)on  Mix      

Copyright ©2014 by Pearson Education, Inc. All rights reserved

The Promotion Mix

Direct  marke)ng  involves  making  direct  connec*ons  with  carefully  targeted  individual  consumers  to  both  obtain  an  immediate  response  and  cul*vate  las*ng  customer  rela*onships—through  the  use  of  direct  mail,  telephone,  direct-­‐response  television,  e-­‐mail,  and  the  Internet  to  communicate  directly  with  specific  consumers  

•  Catalog  •  Telemarke*ng  •  Kiosks  

The  Promo)on  Mix    

Copyright ©2014 by Pearson Education, Inc. All rights reserved

Page 3: Kotler pom 15e 14 - DEUkisi.deu.edu.tr/sumeyra.kurt/MRK 2002/PPT/Kotler_pom_15e_14.pdf · 12/15/14 3 Integrated Marketing ... Socially Responsible Marketing ... Kotler_pom_15e_14.pptx

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Integrated Marketing Communications

•  Consumers  are  beQer  informed  

•  More  communica*on  •  Less  mass  marke*ng  •  Changing  communica*ons  technology  

The  New  Marke)ng  Communica)ons  Model    

Copyright ©2014 by Pearson Education, Inc. All rights reserved

Integrated Marketing Communications

Integrated  marke)ng  communica)ons  is  the  integra*on  by  the  company  of  its  communica*on  channels  to  deliver  a  clear,  consistent,  and  compelling  message  about  the  organiza*on  and  its  brands  

The  Need  for  Integrated  Marke)ng  Communica)ons  

 

Copyright ©2014 by Pearson Education, Inc. All rights reserved

Integrated Marketing Communications Strategy

Copyright ©2014 by Pearson Education, Inc. All rights reserved

A View of the Communication Process

The  Communica)on  Process        

Copyright ©2014 by Pearson Education, Inc. All rights reserved

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Steps in Developing Effective Marketing Communication

Identify the target audience

Determine the communication objectives

Design the message

Choose the media

Select the message source

Copyright ©2014 by Pearson Education, Inc. All rights reserved

Steps in Developing Effective Communication

Iden)fying  the  Target  Audience  

What will be said

How it will be said

When it will be said

Where it will be said

Who will say it

Copyright ©2014 by Pearson Education, Inc. All rights reserved

Steps in Developing Effective Marketing Communication

•  Marketers  seek  a  purchase  response  that  results  from  a  consumer  decision-­‐making  process  that  includes  the  stages  of  buyer  readiness  

Determining  the  Communica)on  Objec)ves  

Copyright ©2014 by Pearson Education, Inc. All rights reserved

Steps in Developing Effective Marketing Communication

 

AIDA  Model  • Get  AQen*on  • Hold  Interest  • Arouse  Desire  • Obtain  Ac*on  

Designing  a  Message    

Copyright ©2014 by Pearson Education, Inc. All rights reserved

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Steps in Developing Effective Marketing Communication

Message  content  is  “what  to  say”  

Message  format  is  “how  to  say  it”  

Designing  a  Message    

Copyright ©2014 by Pearson Education, Inc. All rights reserved

Steps in Developing Effective Marketing Communication

Ra)onal  appeal  relates  to  the  audience’s  self-­‐interest  

Emo)onal  appeal  is  an  aQempt  to  s*r  up  posi*ve  or  nega*ve  emo*ons  to  mo*vate  a  purchase  

Moral  appeal  is  directed  at  the  audience’s  sense  of  right  and  proper  

   

Message  Content    

Copyright ©2014 by Pearson Education, Inc. All rights reserved

Steps in Developing Effective

Marketing Communication

Personal  communica)on  involves  two  or  more  people  communica*ng  directly  with  each  other  

•  Face  to  face  •  Phone  •  Mail  •  E-­‐mail  •  Internet  chat  

Choosing  Media    

Copyright ©2014 by Pearson Education, Inc. All rights reserved

Steps in Developing Effective

Marketing Communication

Personal  communica)on  is  effec*ve  because  it  allows  personal  addressing  and  feedback  

Control  of  personal  communica*on  •  Company  •  Independent  experts  •  Word  of  mouth  

Choosing  Media    

Copyright ©2014 by Pearson Education, Inc. All rights reserved

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Steps in Developing Effective

Marketing Communication

Opinion  leaders  are  people  within  a  reference  group  who,  because  of  their  special  skills,  knowledge,  personality,  or  other  characteris*cs,  exerts  social  influence  on  others  

Buzz  marke)ng  involves  cul*va*ng  opinion  leaders  and  geDng  them  to  spread  informa*on  about  a  product  or  service  to  others  in  their  communi*es  

       

Choosing  Media  Personal  Communica)on    

Copyright ©2014 by Pearson Education, Inc. All rights reserved

Steps in Developing Effective Marketing Communication

Non-­‐personal  communica)on  is  media  that  carry  messages  without  personal  contact  or  feedback,  including  major  media,  atmospheres,  and  events  that  affect  the  buyer  directly  

 

Non-­‐Personal  Communica)on  Channels    

Copyright ©2014 by Pearson Education, Inc. All rights reserved

Steps in Developing Effective Marketing Communication

Major  media  include  print,  broadcast,  display,  and  online  media  

Atmospheres  are  designed  environments  that  create  or  reinforce  the  buyer’s  leanings  toward  buying  a  product  

 

Non-­‐Personal  Communica)on  Channels    

Copyright ©2014 by Pearson Education, Inc. All rights reserved

Steps in Developing Effective Marketing Communication

Events  are  staged  occurrences  that  communicate  messages  to  target  audiences  

•  Press  conferences  •  Grand  openings  •  Exhibits  •  Public  tours    

Nonpersonal  Communica)on  Channels    

Copyright ©2014 by Pearson Education, Inc. All rights reserved

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Steps in Developing Effective Marketing Communication

The  message’s  impact  on  the  target  audience  is  affected  by  how  the  audience  views  the  communicator  

•  Celebri*es  –  Athletes  –  Entertainers  

•  Professionals  –  Health  care  providers  

Selec)ng  the  Message  Source    

Copyright ©2014 by Pearson Education, Inc. All rights reserved

Steps in Developing Effective Marketing Communication

Involves  the  communicator  understanding  

the  effect  on  the  target  audience  by  measuring  behavior  resul*ng  from  the  behavior  

Collec)ng  Feedback    

Copyright ©2014 by Pearson Education, Inc. All rights reserved

Setting the Total Promotion Budget and Mix

Affordable  budget  method  sets  the  budget  at  an  affordable  level  

•  Ignores  the  effects  of  promo*on  on  sales  

 

SeNng  the  Total  Promo)on  Budget    

Copyright ©2014 by Pearson Education, Inc. All rights reserved

Percentage  of  sales  method  sets  the  budget  at  a  certain  percentage  of  current  or  forecasted  sales  or  unit  sales  price  

•  Easy  to  use  and  helps  management  think  about  the  rela*onship  between  promo*on,  selling  price,  and  profit  per  unit  

•  Wrongly  views  sales  as  the  cause  rather  than  the  result  of  promo*on  

SeNng  the  Total  Promo)on  Budget    

Setting the Total Promotion Budget and Mix

Copyright ©2014 by Pearson Education, Inc. All rights reserved

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Compe))ve-­‐parity  method  sets  the  budget  to  match  compe*tor  outlays  

•  Represents  industry  standards  •  Avoids  promo*on  wars  

SeNng  the  Total  Promo)on  Budget  

Setting the Total Promotion Budget and Mix

Copyright ©2014 by Pearson Education, Inc. All rights reserved

Objec)ve-­‐and-­‐task  method  sets  the  budget  based  on  what  the  firm  wants  to  accomplish  with  promo*on  and  includes:  

•  Defining  promo*on  objec*ves  •  Determining  tasks  to  achieve  the  

objec*ves  •  Es*ma*ng  costs  

SeNng  the  Total  Promo)on  Budget    

Setting the Total Promotion Budget and Mix

Copyright ©2014 by Pearson Education, Inc. All rights reserved

Setting the Total Promotion Budget and Mix

 Adver*sing  reaches  masses  of  geographically  dispersed  buyers  at  a  low  cost  per  exposure,  and  it  enables  the  seller  to  repeat  a  message  many  *mes  •  Is  impersonal  and  one-­‐way  communica*on  

Shaping  the  Overall  Promo)on  Mix  The  Nature  of  Each  Promo)on  Tool  

 

Copyright ©2014 by Pearson Education, Inc. All rights reserved

 Personal  selling  is  the  most  

effec*ve  method  at  certain  stages  of  the  buying  process,  par*cularly  in  building  buyers’  preferences,  convic*ons,  ac*ons,  and  developing  customer  rela*onships  

•  However,  it  is  most  costly  tool  

Shaping  the  Overall  Promo)on  Mix  The  Nature  of  Each  Promo)on  Tool  

 

Setting the Total Promotion Budget and Mix

Copyright ©2014 by Pearson Education, Inc. All rights reserved

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Sales  promo)on  includes  coupons,  contests,  cents-­‐off  deals,  and  premiums  that  aQract  consumer  aQen*on  and  offer  strong  incen*ves  to  purchase,  and  can  be  used  to  drama*ze  product  offers  and  to  boost  sagging  sales  

•  Not  as  effec*ve  at  building  rela*onships  and  brand  preference  

Shaping  the  Overall  Promo)on  Mix  The  Nature  of  Each  Promo)on  Tool  

 

Setting the Total Promotion Budget and Mix

Copyright ©2014 by Pearson Education, Inc. All rights reserved

Public  rela)ons  is  a  very  believable  form  of  

promo*on  that  includes  news  stories,  features,  sponsorships,  and  events  

Direct  marke)ng  is  a  non-­‐public,  immediate,  customized,  and  interac*ve  promo*onal  tool  that  includes  direct  mail,  catalogs,  telemarke*ng,  and  online  marke*ng  

Shaping  the  Overall  Promo)on  Mix  The  Nature  of  Each  Promo)on  Tool  

 

Setting the Total Promotion Budget and Mix

Copyright ©2014 by Pearson Education, Inc. All rights reserved

Promo)on  Mix  Strategies  

 

Shaping the Overall Promotion Mix

Copyright ©2014 by Pearson Education, Inc. All rights reserved

•  Communicate  openly  and  honestly  with  consumers  and  resellers    

•  Avoid  decep*ve  or  false  adver*sing  •  Avoid  bait-­‐and-­‐switch  adver*sing  •  Conform  to  all  federal,  state,  and  local  regula*ons  

Socially Responsible Marketing Communication

•  Follow  rules  of  “fair  compe**on”  •  Do  not  offer  bribes  •  Do  not  aQempt  to  obtain  compe*tors’  

trade  secrets    •  Do  not  disparage  compe*tors  or  their  

products  Copyright ©2014 by Pearson Education, Inc. All rights reserved