Chapter Number Four Development of an Advertising Program Modular:

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Presentation transcript:

Chapter Number Four Development of an Advertising Program Modular: Afjal Hossain, Assistant Professor, Department of Marketing, PSTU Kenneth K. Clow & Donald Baack “Integrated Advertising, Promotions and MCs” 2nd ed.

Definition of Advertising U.S. advertisers spend in excess of $175 billion each year. Advertising is used by: Business firms, Nonprofit organizations, Professionals, Social Agencies.

The 5 Ms of Advertising

Setting Objectives Advertising Objectives Informative Advertising Accomplished with a Specific Target Audience During a Specific Period of Time Specific Communication Task Informative Advertising Build Primary Demand Persuasive Advertising Build Selective Demand Comparison Advertising Compares One Brand to Another Reminder Advertising Keeps Consumers Thinking About a Product.

Advertising Budget Methods Factors in Setting the Advertising Budget Setting Advertising Budget Advertising Budget Methods Affordable, Percentage of Sales, Competitive-Parity and Objective-and-Task Stage in the Product Life Cycle Product Differentiation Advertising Frequency Market Share Factors in Setting the Advertising Budget Competition and Clutter

Advertising Strategy Creating Advertising Messages Plan a Message Strategy General Message to Be Communicated to Customers Advertising Strategy Creating Advertising Messages Develop a Message Focus on Customer Benefits Creative Concept “Big Idea” Visualization or Phrase Combination of Both Advertising Appeals Meaningful Believable Distinctive

Advertising Strategy Typical Message Execution Styles Turning the “Big Idea” Into an Actual Ad to Capture the Target Market’s Attention and Interest. Testimonial Evidence Slice of Life Scientific Evidence Typical Message Execution Styles Lifestyle Technical Expertise Fantasy Personality Symbol Mood or Image Musical

Advertising Strategy Selecting Advertising Media Step 1. Decide on Reach, Frequency, and Impact Step 2. Choosing Among Major Media Types Media Habits of Target Consumers Nature of the Product Type of Message Cost Advertising Strategy Selecting Advertising Media Step 3. Selecting Specific Media Vehicles Specific Media Within a Given Type, i.e. Magazines. Must Balance Media Cost Against Media Factors: Audience Quality & Attention, Editorial Quality Step 4. Deciding on Media Timing Scheduling of Advertising Over the Course of a Year Pattern of Ads: Continuity or Pulsing

Advertising Evaluation Advertising Program Evaluation Advertising Evaluation Communication Effects Is the Ad Communicating Well? Sales Effects Is the Ad Increasing Sales?