Communicating Customer Value: Integrated Marketing Communications Strategy
Advertising Mass persuasive communication paid for by an identified sponsor that makes use of various media
Advertising Developing and Advertising Programs
Advertising Objectives are classified by primary purpose Inform Persuade Remind Setting Advertising Objectives An advertising objective is a specific communication task to be accomplished with a specific target audience during a specific time
Advertising Informative advertising is used when introducing a new product category; the objective is to build primary demand Comparative advertising directly or indirectly compares the brand with one or more other brands Persuasive advertising is important with increased competition to build selective demand Reminder advertising is important with mature products to help maintain customer relationships and keep customers thinking about the product Setting Advertising Objectives
Informative advertising Persuasive advertising Comparative advertising Reminder advertising
INFORMATIVE A giant U Agency: O&M Reasons: Signature of mother brand Unilever U means You ( Indian Consumer) Canara Bank Agency: O & M Base Line: We all change for our loved ones
Persuasive Tata Tea Agency: Lowe Base Line: Har Subah bas Utho Mat, Jaago Re
Reminder
Comparative Advertisement
Table Possible Advertising Objectives
Features of advertising Paid Form Impersonal Presentation Speedy and mass communication Identified Sponsor
Importance of Advertising Draws attention to the product or brand Popularisation of products or brands or ideas Crucial for launch or announcement Helps in increasing sales Builds brands image Generates employment Use persuasion for results Target oriented
Advertising Factors to consider when setting the budget Product life-cycle stage- new products more ads, mature products less ads Market share- low share brand more ads Brands with more competition-more advertisement Undifferentiated brands - more ads Setting the Advertising Budget
Advertising Advertising strategy is the strategy by which the company accomplishes its advertising objectives and consists of: Creating advertising messages Selecting advertising media Developing Advertising Strategy
Advertising Advertisements need to break through the clutter: Gain attention Communicate well Creating the Advertising Message
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