Marketing Strategies The meat. The 5 P’s  Promotion (90% of the plan)  Product  Price  Place  People.

Slides:



Advertisements
Similar presentations
The 4 P’s of Marketing consumer The Marketing Mix.
Advertisements

Applying Integrated Marketing Communication to Social Marketing Jyotika Ramaprasad College of Mass Communication and Media Arts Southern Illinois University.
Promotional Concepts and Strategies
Chapter 15 Sales Promotions.
Section 2.1 The Marketing Concept
What is marketing? Process: plan & execute Marketing Mix: Four P’s “Products”= goods, services, ideas Create exchange that satisfies both parties.
Marketing Health Promotion for People with Disabilities.
Fashion Promotion Plan Objectives. Objective #1: – Increase consumer awareness of the company, product, service or brand Get more people to recognize.
Extensive Innovative World-Wide #1 Experience. Mission Statement 4advertising is a marketing and advertising agency that develops innovative solutions.
Integrated Marketing Communications Promotional Strategies at a Glance Chapter 14.
4550: Integrating Marketing Communications: Part II Professor Campbell 4/12/05.
& & MarketingMarketing The Planning Process. Planning IntroductionIntroduction n The Planning Process n Generally, plans cover at least four areas: l.
Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and.
Marketing Management (MKT 261)
ADVERTISE THIS! Our Product Name: Price: Where to buy it: How to use it and good points:
The Marketing Plan. What is the point of a blueprint?
Marketing Vocabulary. Market Advertise or promote an item or service.
Name the five marketing strategies that make up the marketing mix.
Media Strategy Professor Close & Professor Dudo, The University of Texas at Austin.
3.01 Fashion Marketing.
Advertising, Sales Promotion, and Public Relations
PROMOTIONAL CONCEPTS AND STRATEGIES Ch. 17 Promotion and Promotional Mix.
SPORTS AND ENTERTAINMENT MARKETING
The 7 Ps of the Marketing Mix
Ms. Smith Marketing.  Marketing is the process of planning, pricing, promoting, selling, and distributing ideas to create exchanges that satisfy customers.
Media Strategy Professor Close and Professor Dudo.
Section 17.1 The Promotional Mix
How to Develop a Promotional Campaign What is a Promotional Campaign? A planned strategy on how to focus all elements of the promotional mix to accomplish.
© 2006 Pearson Education Canada Inc. 4.1 Canadian Advertising in Action Chapter 4 Strategic Planning Concepts for Marketing Communications.
Chapter 1: World of Marketing Section 1.1 What is Marketing.
The Marketing Process, Planning & The Marketing Plan.
Unit 6 Promotion Chapter 17 Promotional Concepts and Strategies
Marketing. Promotional Planning What is Promotional Planning “Promotional Planning is the way that marketers influence consumers or organizations towards.
18-1Copyright 2000 Prentice Hall Chapter 18 Sales Promotion, Public Relations, and Personal Selling.
Fundamentals of Marketing
Copyright © 2011 by John Wiley & Sons, Inc. All Rights Reserved Agenda Review chapter eight Chapter quiz Discussion of quiz Opening activity Chapter nine.
Marketing Essentials The Marketing Concept
© 2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Special Promotions QCC’s: 58, 59, 60, 61, 64 Promotional Techniques Advertising Sales Promotion Publicity/ Public Relations Personal Selling Visual Merchandising.
Chapter 17: The Promotional Mix. Promotion in Marketing Promotion is persuasive communication. Product promotion is a promotional method used by businesses.
Chapter 3 Advertising and the Marketing Process Outline What is marketing? The marketing concept and relationship marketing The four tools of marketing.
1 Chapter 9 Public Relations. 2 Public Relations Planning Background Situation Analysis Background Situation Analysis PR Plan Objectives Strategies Execution.
International Marketing Chapter 20 Global Promotional Strategies Copyright © 1999 by Harcourt Brace & Company All rights reserved. Requests for permission.
4-1 Copyright © 2009 Pearson Education Canada CHAPTER 4 Strategic Planning Concepts for Marketing Communications.
MEDIA TEXT CONTINUED “Selling Images and Values” From Mass Media and Popular Culture.
What is the total price of a $ item if the sales tax rate is 6%?
 Product  Price Place  Promotion  The Marketing Mix.
© 2009 The McGraw-Hill Companies, Inc. All rights reserved. 10 McGraw-Hill The 4Ps of Marketing: Promotion Promotion mix Integrated Marketing Communication.
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.
How to Develop a Promotional Campaign What is a Promotional Campaign? A planned strategy on how to focus all elements of the promotional mix to accomplish.
What’s Marketing? Oxford Dictionary: Market : A place at which trade is conducted. Marketing: The action of buying or selling in a market.
Marketing Basics. What is Marketing?  Marketing is the process of planning and executing the conception, pricing, promotion, and distribution of ideas,
Module -2. Situation Analysis Opportunity analysis: to spot and capitalize on favorable demand trends Competitive analysis: to achieve and maintain a.
Chapter 1.3 Fundamentals of Marketing. Market and Market Identification All products do not appeal to all customers. When making new products, marketers.
GOLDEN SALES PROMOTION (CHAPTER 20) An incentive or inducement. Works well with advertising and selling. Good short term strategy. Essential for new products!
Promotions. SALES PROMOTION The Growth in Sales Promotion Sales Promotion Planning The Primary Categories of Sales Promotion.
Product Planning, Mix, and Development Section 30.1.
Lesson 2 – Market Segmentation and Marketing Mix.
BUSS2 Marketing: using the marketing mix - promotion.
Marketing is the process of planning and executing the pricing, promotion and distribution of ideas, goods, and services to create exchanges between buyers.
Marketing!. What is Marketing? All the activities carried out by a business to promote and sell its products Examples? –Sales Promotions (coupons or special.
Histo Adventures Tate & Friends. Our Game Our game is a scavenger hunt about history. We have 10 levels. Some levels are about inventors or creators and.
Marketing Mix 4 Ps?.
Basic Marketing Concepts
Chapter 3 Advertising and the Marketing Process
The role of promotion in marketing The concept of promotional mix
Section Objectives Identify the purpose of the marketing plan.
Chapter 17 Promotional Concepts and Strategies
PROMOTION BMI – Marketing Mix.
Integrated Marketing Communications
Presentation transcript:

Marketing Strategies The meat

The 5 P’s  Promotion (90% of the plan)  Product  Price  Place  People

Promotion  Advertising: creative and media sections  Sales Promotion  Public Relations  Direct Marketing  Viral Marketing  Event Marketing  Other

Strategy as objective  Your strategies will be the objectives for support sections  Ex: To establish Quick and Easy as the quick and easy way to get the clothes you want (creative objective)  Ex: To reach women who have just had their first child (media objective)

Creative Objective  “To establish…”  “To reposition…”  “To convince…”

Media Objectives  Target  Geography  Seasonality  Aperture

Production objective  Good, fast, cheap triumverite

Sales Promotion Objectives  Consumer and Trade  Ex: Convince light users to buy two units instead of one  Ex: Increase facings from 4-6 during the campaign period

PR  Focus on marketing public relations (getting the story out through media) versus corporate public relations (Gov’t, employees, special interest groups, etc.)

Events  What would a” Papa John’s Experience” need to accomplish?  For Consumers? For Trade?  Full blown strategy/execution of the Papa John’s experience due 10/17 (present in class)

Don’t forget  Merchandising  Packaging  Viral  Games  Promotional items (tchotchkes)

Only great ideas need apply  Price  Product  Place

People  Summary that serves as rationale

Great Integrated Campaigns  Nike  Apple  Target  Ford  Pedigree

Integration