Market-Based Management, 4th edition

Slides:



Advertisements
Similar presentations
The 4 “P”s of Marketing Product, Price, Place, and Promotion
Advertisements

Integrated Marketing Communications Strategy
Chapter Ten Marketing Communications and Customer Response.
Marketing Communications. The Communications Process SenderEncoding Message Media DecodingReceiver Response Feedback Noise.
BA CHAPTER 10 COMMUNICATIONS - ADVERTISING LINDELL’s POWER POINTS.
Philip Kotler, John Bowen, James Makens Upper Saddle River, NJ 07458
Exam 3 Review. Contents 8 to 10 True/False Questions 43 to 46 MC 1 short essay question. Guess which?
Promoting Products: Communication and Promotion Policy and Advertising
Marketing Communications
Chapter 8 The Advertising Plan
Integrated Marketing Communication Strategy
Media Planning and Buying Chapter 15 McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.
IMC Objectives and the Brief. Advertising vs. Marketing Marketing = 4Ps Advertising = subset of Marketing – Focuses on the “P” of promotion How do advertising.
Integrated Marketing Communication Strategy
10 Media Strategy, Tactics, and Budget Decisions.
Chapter 10 Marketing communication and personal selling
Marketing. Today…  What is a market?  What is marketing?  Role of Marketing  Marketing Objectives  Marketing Activities.
©2006 Pearson Education, Inc. Marketing for Hospitality and Tourism, 4th edition Upper Saddle River, NJ Kotler, Bowen, and Makens Chapter 14 Promoting.
Promotion – 1 Integrated Marketing Communications Professor Carl Mela BA 460 Product Management Fuqua School of Business Brand Management System On Building.
Copyright © 2006 Thomson Business and Economics. All rights reserved. Chapter 8 The Advertising Plan.
Communication mix or promotion mix
CHAPTER 14 Customer Value Integrated Marketing Communications Strategy.
Unit B Planning and Preparing to Manage a Small Business Competency 5.00 Understand pricing, promotion, and market planning.
Advertising and Sales Promotion ©2013 Cengage Learning. All Rights Reserved. Chapter 6.
Main Characters of Business Marketing More complex buying Quantity, structure, concentration Technology and performance driven Importance of coordination.
Chapter = 6 Advertising Process.
Copyright © 2004 by South-Western, a division of Thomson Learning, Inc. All rights reserved. Integrated Marketing Communications Chapter 17.
© 2000 South-Western College Publishing Slide #1 Marketing Management 2nd Edition Chapter 12: Designing Effective Promotion and Advertising Strategies.
Chapter 14 Integrated Marketing Communications
Copyright 2000 Prentice Hall17-1 Chapter 17 Advertising.
The Marketing Mix. The tools available to a business to gain the reaction it is seeking from its target market in relation to its marketing plan The.
PROMOTIONAL MIX Marketing Management Session 11 November 18, 1998.
THE MARKETING MIX. What is the Marketing Mix? The operational part of a marketing plan Set of controllable marketing tools Used to produced desired response.
10 Media Strategy, Tactics, and Budget Decisions.
©2006 Pearson Education, Inc. Marketing for Hospitality and Tourism, 4th edition Upper Saddle River, NJ Kotler, Bowen, and Makens Chapter 14 Promoting.
How to communicate your product Part I
McGraw-Hill/Irwin Copyright © 2004 by The McGraw-Hill Companies, Inc. All rights reserved. An Overview of Marketing Communications.
1 The Role of Promotion Promotional Strategy A plan for the optimal use of the elements of promotion: Advertising Public Relations Personal Selling Sales.
What We Will Discuss Today u Communication u Promotion v Setting the promotion budget and mix v Advertising v Sales Promotion v Public Relations.
Slide 6-1© 2013 Pearson Education, Inc. publishing as Prentice Hall CHAPTER 6 Integrated Marketing Communication Strategy and Management.
MARKET YOUR BUSINESS Chapter 9
Communications conducted by a producer to potential buyers to introduce the product and push them to buy during a given period. Goal: to influence the.
Welcome to Marketing Management
Chapter Overview The importance of relationship marketing & integrating marketing communications with advertising.
Integrated Marketing Communications
Promotional Concepts and Strategies
POM - Final Exam Revision
Chapter 7 Basic Media Strategy.
Market-Based Management, 4th edition
Chapter 3 Advertising and the Marketing Process
© 2013 Cengage Learning. All Rights Reserved
MARKET YOUR BUSINESS Chapter 9
Marketing Communications
DASAR-DASAR PEMASARAN
Integrated Marketing Communication
Marketing Communications
Integrated Marketing Communication Strategy and Management CHAPTER 6.
Chapter 17 promotional concepts and strategies Section 17.1
Sales Promotion Overview and the Role of Trade Promotions
Integrated Marketing Communication Strategy
Marketing Communications
The 4 “P”s of Marketing Product, Price, Place, and Promotion
Chapter 17 Promotional Concepts and Strategies
Chapter 15: Integrated Marketing Communication Strategy
Marketing Management, 13th ed
Engaging Customers and Communicating customer Value
Push/Pull Marketing Marketing 1.
Advertising as a process
The 4 “P”s of Marketing Product, Price, Place, and Promotion
Presentation transcript:

Market-Based Management, 4th edition Marketing Communications and Customer Response Chapter Ten

Marketing Communications and Customer Response Chapter Ten Marketing Communications Awareness Frequency Effectiveness Communications Strategies Measuring Marketing Communications Effects

Marketing Communications What is the role of Marketing Communications? To Build Awareness To Maintain Awareness To Stimulate Action What is the Objective of Marketing Communications? Communicate effectively to target customers

Advertising Awareness and Message Frequency

Advertising Effectiveness and Customer Response

Causes of Poor Customer Response Low Levels of Ad Exposure Poor media selection and/or limited media exposure Low Levels of Ad Awareness Insufficient ad frequency and/or ineffective ad content Low Levels of Ad Content Comprehension Insufficient ad frequency and or ineffective ad content Low Intensions to Take Desired Actions Insufficient ad frequency and/or weak value proposition Low Levels of Desired Action Insufficient ad frequency and/or action not clearly specified

Building Customer Awareness and Comprehension Media Selection and Customer Awareness Target Market Reach Message Frequency and Customer Awareness Concentrated vs. Distributed Gross Rating Points Ad Copy and Customer Response

Message Reinforcement Pulsing Vs. Heavy-Up

Push vs. Pull Communications Strategies

Advertising Elasticity % Change in Sales % Change in Ad Expense Estimating Advertising Elasticity .4 Advertising Elasticity Means? Promotional Price Elasticity -1.5 (Normal Elasticity) vs. -6.0 (Price Promotion)

Advertising Carryover Effects

Direct Marketing Promotions

Takeaways/Review Role and Objectives of Marketing Communications Advertising Awareness, Frequency, and Response Building Awareness Reasons for Poor Awareness Message Reinforcement Push vs. Pull Strategies Advertising Elasticity Carryover Effects Direct Marketing Promotions

Marketing Performance Tools Estimating Ad Effectiveness and Customer Response

Marketing Performance Tools Estimating Advertising Elasticity

Marketing Performance Tools Estimating Advertising Carry-Over Sales Effect