McGraw-Hill/Irwin ©2009 The McGraw-Hill Companies, All Rights Reserved The Allocation Question: Media Mix The marketer’s dilemma is to develop a media schedule that both Exposes a sufficient number of targeted customers (reach) to the firm’s product Exposes them enough times (average frequency) to the product to produce the desired effect
McGraw-Hill/Irwin ©2009 The McGraw-Hill Companies, All Rights Reserved Procedures for Evaluating Advertising Programs and Some Services Using the Procedures
McGraw-Hill/Irwin ©2009 The McGraw-Hill Companies, All Rights Reserved Sales Promotions Push marketing strategies – Involve aiming promotional efforts at distributors, retailers, and sales personnel to gain their cooperation in ordering, stocking, and accelerating the sales of a product Pull marketing strategies – Involve aiming promotional efforts directly at customers to encourage them to ask the retailer for the product Trade sales promotions – Aimed at distributors and retailers of products Consumer promotions – Fulfill several distinct objectives for the manufacturer
McGraw-Hill/Irwin ©2009 The McGraw-Hill Companies, All Rights Reserved Sales Promotions Example of Sales Promotion Activities
McGraw-Hill/Irwin ©2009 The McGraw-Hill Companies, All Rights Reserved Sales Promotions Push versus Pull Strategies in Marketing Communications
McGraw-Hill/Irwin ©2009 The McGraw-Hill Companies, All Rights Reserved Sales Promotions Some Commonly Used Forms of Consumer Promotions
McGraw-Hill/Irwin ©2009 The McGraw-Hill Companies, All Rights Reserved Sales Promotions Sales promotions can often Involve competitive retaliation Devalue image of promoted brand in consumer’s eyes Not used as sole promotional tool due to its inability to Always generate long-term buyer commitment to a brand Change, except temporarily, declining sales of a product Convince buyers to purchase an unacceptable product Make up for a lack of advertising or sales support Frequency marketing programs – Consumers are rewarded or purchases of products or services over a sustained period of time
McGraw-Hill/Irwin ©2009 The McGraw-Hill Companies, All Rights Reserved Some Objectives of Sales Promotion
McGraw-Hill/Irwin ©2009 The McGraw-Hill Companies, All Rights Reserved Public Relations News release or press release – Announcement regarding changes in organization or the product line News conference – Meeting held for representatives of the media to announce major news events Sponsorship – Providing support for and associating organization’s name with events, programs, people Public service announcements – Many nonprofit organizations rely on the media to donate time for advertising for contributions and donors
McGraw-Hill/Irwin ©2009 The McGraw-Hill Companies, All Rights Reserved Direct Marketing Online Direct Mail Catalogs Direct Response Advertising Personal Selling