Marketing in Uncertain Economic Climates  Effective Budgeting  Maximization of Your Marketing Dollar  Creating Effective Campaigns  Increasing Revenues.

Slides:



Advertisements
Similar presentations
Unit 6 Promotion Chapter 17 Promotional Concepts and Strategies
Advertisements

PROMOTION ALL MARKETING ACTIVITIES OTHER THAN PERSONAL SELLING, ADVERTISING AND PUBLIC RELATIONS, THAT ARE USED TO STIMULATE CONSUMER PURCHASING AND.
Fashion and the Promotional Mix
Adding Marketing and Public Relations to the Mix to Leverage Your Success Lynott & Associates PR.
Advertising Fashion. Advertising the Product o Fashion Advertising: the paid communication between product maker or the seller and the audience or the.
4.04 Understand promotional channels used to communicate with targeted audiences.
© 2011, Educational Institute Chapter 8 Advertising to the Meeting Planner Convention Management and Service Eighth Edition (478TXT or 478CIN)
18 Managing Mass Communications
Seminar Pemasaran Strategi Komunikasi.
Copyright © 2004 South-Western. All rights reserved.14–1 Learning Goals Explain promotion benefits. advertising personal selling sales promotion. public.
Think and Answer Now: Would you think twice about buying this product after viewing this advertisement? Read the Main Idea on slide 3 Objective: Advertising.
The Power of and Social Media Marketing to Boost your Business presented by:
Direct Mail MKT 3850 Dr. Don Roy. Direct Marketing Defined “Any direct communication to a consumer or business recipient that is designed to generate.
Chapter Fourteen Communicating Customer Value: Integrated Marketing Communications Strategy.
© 2006 Pearson Education Canada Inc Canadian Advertising in Action Chapter 12 Internet Communications.
The Promotional Mix Advertising Public Relations Parts of a Print Advertisement Sales Promotion Q $100 Q $100 Q $200 Q $200 Q $300 Q $300 Q $400 Q $400.
Buy Local. A Community Partnership Program. What is Buy Local? Wicked Local has launched a grass rots community partnership program called Buy Local.
Chapter 6Slide 1 Goals  List the many forms of advertising  discuss advantages and disadvantages of each type of advertising  Define publicity and describe.
Constant Contact & How it Can Help Your Business Presented By.
Intro to MARKETING (Part 1 of 2) (626) websites. design. marketing 403 S. Mission Dr., San Gabriel, CA
Unit 6 - Promotion.  There are many forms of advertising to fit all kinds of budgets.  A large company such as Procter & Gamble typically spends 25.
Print Direct Mail Newsletters, Brochures & Posters Newspapers & Magazines Press Releases Annual Reports Organization Profile Television & Radio Local.
Advertising.
Fashion Promotion Through Advertising and the Press
MARKETING MANAGEMENT 12 th edition KotlerKeller 18 Managing Mass Communications.
5.00 UNDERSTAND PROMOTION 5.01 Understand the use of an advertisement’s components to communicate with targeted audiences.  
Advanced Marketing The Promotional Mix. Promotion Defined Any form of communication used to inform & persuade consumers to buy products or services.
Planning the promotion Advertising Sales promotion Public relations
Fashion Advertising and Promotion
Paid communication Sponsor is identified Advertisers control where the message is seen and heard and how often repeated Average person exposed to over.
Marketing Your Product
Get the Word Out! Marketing and Public Relations Strategies for the Academic Library.
Promotional Strategies Developing a Promotional Mix.
Advertising Marketing I.
Marketing Your Product
Chapter 18 Promotion: Integrated Marketing Communications.
Promotion Marketing in English Lukas Gottwald Department of Business Management Masaryk University Brno, 2009.
Chapter 11 Marketing Communications Copyright 2006 Prentice Hall Publishing Company 1 Integrated Marketing Communications.
PROMOTION. EVENT MARKETING  all activities associated with the sale, distribution, and promotion of a sports event  Promotions function in sports to.
PRINT AD SERM #68.
The Press Release Purpose
Integrated Marketing Communication Strategy
CHAPTER 24 Advertising Permission granted to reproduce for educational use only.© Goodheart-Willcox Co., Inc. ADVERTISING CAMPAIGNS Section 24.1.
Promotional Strategies Developing a Promotional Mix.
Promotional tools and techniques  Programmers and event planners have a variety of tools and techniques available to communicate effectively with their.
“Promotion” Roles of Promotion Communication Process Promotional Mix Promotional Planning Unit 6.
Chapter 11 Promotions. Objectives To recognize the complexity of promotion with respect to the various forms it can assume as part of the marketing mix.
Advertising Media Chapter Main Idea  Advertising is an important element of promotion. Businesses use different types of advertising media to promote.
Entrepreneurship Chapter 5 Developing the Right Marketing Mix.
Chapter 19 Advertising and Publicity. What is the difference between advertising and publicity? Advertising- paid announcement Advertising- paid announcement.
January 13, The following are the four fundamental elements of print media (may also apply to other media) 1.Headline 2.Copy 3.Illustrations 4.Signature.
Brief Intro to Promotion & Promotional Mix Objectives Explain the role of promotion in business and marketing Identify the various types of promotion.
Chapter 8 Marketing Your Product. Marketing Presenting your business to customers to communicate the value of your product or service.
The Promotion Strategy 1 Explain the role of the promotion strategy. Explain how to formulate promotion plans. Describe considerations for putting together.
Welcome to How to Build Your Business and Win Clients Session 2 Marketing Approaches That Work for You Presented By: Ken Hablow KH Graphics.
ADVERTISING.
Entrepreneurship Chapter 8 Section 2.
Marketing Communication
5.00 UNDERSTAND PROMOTION 5.01 Understand the use of an advertisement’s components to communicate with targeted audiences.  
PRINT AD SERM #68.
Promotion and the Promotional Mix
Advertising Any paid form of nonpersonal presentation
Day 7 Morning 1. Attendance/Recap/Questions
Marketing Your Product
Marketing Your Product
Marketing Your Product
Marketing Your Product
Marketing Collateral Other Cool Stuff
Bell Ringer Activity Divide the class into groups of 4 or 5. Have each group imagine that it manages a creative services dept. at an advertising agency.
CREATING EFFECTIVE ADS
Presentation transcript:

Marketing in Uncertain Economic Climates  Effective Budgeting  Maximization of Your Marketing Dollar  Creating Effective Campaigns  Increasing Revenues

Effective Budgeting  Budget 10% of Annual Gross Sales, Projected Sales For example, if your company generates $10,000 per month in sales, $1000 should be used for marketing  Marketing includes media purchases, design, associated payroll or agency fees, printing of marketing materials

Maximization of Your Marketing Dollar  Public Relations Press Releases consists of news about your company, like an event, new product launch, special sale benefiting a charity, awards won by your company, or the addition of a new staff member

Effective Press Releases  Interest-provoking headline  Concise Details  Quote  Who, what, when, where, how

Press Release

Maximization of Your Marketing Dollar  Special Events Held or Sponsored at Your Place of Business Seminars Trade Shows Drawings or Contests Special Appearances

Maximization of Your Marketing Dollar  Online Postcards  Online Chat Rooms  Online Message Boards  Reciprocal Links  Banner Ads

Online Postcards

Reciprocal Links  Reciprocal links can drive traffic to your business and increase legitimacy in the mind of the consumer or client

Online Banner Ads

Maximization of Your Marketing Dollar  Low Cost Advertising Vehicles Radio Giveaways Cable TV Advertising Targeted Direct Mail Direct Distributed Fliers Church Newsletter Ads Sales Letters

Targeted Direct Mail

Direct Distributed Fliers

Church Newsletter Ads

Sales Letters

Accompanied by a flier with successful projects completed or testimonial letter from an existing client

Creating Effective Campaigns  The Blitz days of mixed media to a targeted audience  How to buy CHEAP but Effective Media

The Blitz  Buy Media Revolving around a 4 day window of time Thursday thru Sunday Saturday thru Tuesday Around the 1 st and 15 th of the month

The Blitz  Buy Your Best Customer Target

Buying Effective But Cheap Advertising  Negotiate Annual Contracts  Buy Frequency in all media  Hire a recognized ad agency to save 15%  Build brand by logo recognition on banners, magnetic automobile signs, posters and fliers

The Elements of Effective Print Advertising Thought-Provoking Headline Clear, concise benefit copy Graphics Action Close Contact Info

Effective Print Advertising Headlines Ask a question Make an emotional statement Drive the reader to read further

Clear, Concise Benefit Copy Details the benefits the reader will receive Creates a desire to buy

Graphics  Color gets 67% more attention  Clear, high resolution graphics are more effective  White space is a GOOD thing  Follow basic design principles of a backwards “C” or “S” Curve

Graphics

Contact Info Address or landmarks 123 Main at the corner of Hancock Street next to Target Telephone and Fax Numbers Web Address Visit us online at

Action Close  Today Only  Seating is Limited  Free Gift With Purchase  Hurry In

Effective Electronic Media Radio  Tells a story  Builds interest  Creates Brand  When used in conjunction with print, TV or web media, can drive traffic Television  Visually creates desire  Showcases products  Builds brand  When used in conjunction with print or web media, can drive traffic

Increasing Revenues  Consistent marketing is essential to building brand and increasing sales