managing mass communications, five m’s of marketing, advertising

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Managing Mass Communications

Post on 19-Oct-2014

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Advertising, Procter & Gamble’s Advertising History, 5 M’s of Marketing, Advertising Budget, Campaign, Advertising Time patterns, Effectiveness, Sales Promotion, Sponsor events, Marketing PR, Managing Mass Communications

TRANSCRIPT

Page 1: Managing Mass Communications, Five M’s of Marketing, Advertising

Managing Mass Communications

Page 2: Managing Mass Communications, Five M’s of Marketing, Advertising

What is Advertising?

Advertising is any paid form of nonpersonal presentation and

promotion of ideas, goods, or services by an identified sponsor.

Page 3: Managing Mass Communications, Five M’s of Marketing, Advertising

Procter & Gamble’s Advertising History

Page 4: Managing Mass Communications, Five M’s of Marketing, Advertising

Figure 18.1 The Five M’s of Advertising

Page 5: Managing Mass Communications, Five M’s of Marketing, Advertising

Advertising Objectives

Informative

advertising

Reminder

advertising

Reinforcement

advertising

Persuasive

advertising

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Factors to Consider in Setting an Advertising Budget

Stage in the product life cycle

Market share and consumer base

Competition and clutter

Advertising frequency

Product substitutability

Page 11: Managing Mass Communications, Five M’s of Marketing, Advertising

Developing the Advertising Campaign

• Message generation and evaluation

• Creative development and execution

• Legal and social issues

Page 12: Managing Mass Communications, Five M’s of Marketing, Advertising

Television

Advantages• Reaches broad

spectrum of consumers• Low cost per exposure• Ability to demonstrate

product use• Ability to portray image

and brand personality

Disadvantages• Brief • Clutter• High cost of production• High cost of placement• Lack of attention by

viewers

Page 13: Managing Mass Communications, Five M’s of Marketing, Advertising

Print Ads

Advantages• Detailed product

information• Ability to

communicate user imagery

• Flexibility• Ability to segment

Disadvantages• Passive medium• Unable to

demonstrate product use

Page 14: Managing Mass Communications, Five M’s of Marketing, Advertising

Print Ad Evaluation Criteria

• Is the message clear at a glance?• Is the benefit in the headline?• Does the illustration support the headline?• Does the first line of the copy support or

explain the headline and illustration?• Is the ad easy to read and follow?• Is the product easily identified?• Is the brand or sponsor clearly identified?

Page 15: Managing Mass Communications, Five M’s of Marketing, Advertising

Print Ad Components

Headline

Picture

SignatureCopy

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Media Selection

• Reach

• Frequency

• Impact

• Exposure

Page 21: Managing Mass Communications, Five M’s of Marketing, Advertising

Choosing Among Major Media Types

• Target audience and media habits

• Product characteristics

• Message characteristics

• Cost

Page 22: Managing Mass Communications, Five M’s of Marketing, Advertising

Major Media Types

• Newspapers• Television• Direct mail• Radio• Magazines

• Outdoor• Yellow Pages• Newsletters• Brochures• Telephone• Internet

Page 23: Managing Mass Communications, Five M’s of Marketing, Advertising

Place Advertising

• Billboards

• Public spaces

• Product placement

• Point-of-purchase

Page 24: Managing Mass Communications, Five M’s of Marketing, Advertising

Measures of Audience Size

• Circulation• Audience• Effective audience• Effective ad-exposed audience

Page 25: Managing Mass Communications, Five M’s of Marketing, Advertising

Figure 18.3 Classification of Advertising Timing Patterns

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Factors Affecting Timing Patterns

• Buyer turnover

• Purchase frequency

• Forgetting rate

Page 27: Managing Mass Communications, Five M’s of Marketing, Advertising

Media Schedule Patterns

• Continuity• Concentration• Flighting• Pulsing

Page 28: Managing Mass Communications, Five M’s of Marketing, Advertising

Evaluating Advertising Effectiveness

• Communication-Effect Research

• Consumer feedback method

• Portfolio tests

• Laboratory tests

• Sales-Effect Research

Page 29: Managing Mass Communications, Five M’s of Marketing, Advertising

Figure 18.4 Formula for Measuring Sales Impact of Advertising

Page 30: Managing Mass Communications, Five M’s of Marketing, Advertising

What is Sales Promotion?

Sales promotions consist of a collection of incentive tools, mostly short term, designed to stimulate

quicker or greater purchase of particular products or services by

consumers or the trade.

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Sales Promotion Tactics

Consumer-directed• Samples• Coupons• Cash refund offers• Price offs• Premiums• Prizes• Patronage rewards• Free trials• Tie-in promotions

Trade-directed• Price offs• Allowances• Free goods• Sales contests• Trade shows• Specialty

advertising

Page 36: Managing Mass Communications, Five M’s of Marketing, Advertising

Using Sales Promotions

Establish objectives

Select tools

Develop program

Pretest

Implement and control

Evaluate results

Page 37: Managing Mass Communications, Five M’s of Marketing, Advertising

Why Sponsor Events?• To increase brand awareness• To create or reinforce consumer perceptions

of key brand image associations• To enhance corporate image• To create experiences and evoke feelings• To express commitment to community• To entertain key clients or reward employees• To permit merchandising or promotional

opportunities

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Using Sponsored Events

Establish objectives

Choose events

Design programs

Measure effectiveness

Page 44: Managing Mass Communications, Five M’s of Marketing, Advertising

Ideal Events

Audience closely matches target market

Event generates media attention

Event is unique with few sponsors

Event enhances brand image of sponsor

Page 45: Managing Mass Communications, Five M’s of Marketing, Advertising

Tasks Aided by Public Relations

• Launching new products

• Repositioning a mature product

• Building interest in a product category

• Influencing specific target groups

• Defending products that have encountered public problems

• Building the corporate image in a way that reflects favorable on products

Page 46: Managing Mass Communications, Five M’s of Marketing, Advertising

Public Relations Functions

• Press relations

• Product publicity

• Corporate communications

• Lobbying

• Counseling

Page 47: Managing Mass Communications, Five M’s of Marketing, Advertising

Major Tools in Marketing PR

• Publications• Events• Sponsorships• News• Speeches• Public Service

Activities• Identity Media

Page 48: Managing Mass Communications, Five M’s of Marketing, Advertising

Decisions in Marketing PR

Establish objectives

Choose messages

Choose vehicles

Implement

Evaluate results

Page 49: Managing Mass Communications, Five M’s of Marketing, Advertising

Marketing Debate

Should marketers test advertising?

Take a position:1. Ad pretesting is an unnecessary wasteof marketing dollars.

or

2. Ad pretesting provides an important diagnostic function for marketers as to thelikely success of an ad campaign.

Page 50: Managing Mass Communications, Five M’s of Marketing, Advertising

Marketing Discussion

What are some of your favorite TV ads? Why?

How effective are the message andcreative strategies?

How are they building brand equity?