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The Role of Advertising and Marketing in Business Novrita Widiyastuti, S.Sos
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Quote “ Terkadang, hari-hari berlalu begitu saja tanpa sesuatu muncul dari pikiran Anda & tanpa perubahan nyata. Betapapun kecilnya usaha Anda, pastikan bahwa setiap hari Anda mengerjakan sesuatu demi mewujudkan mimpi Anda”
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Definition Marketing “The management process responsible for identifying, anticipating and satisfying customer requirements profitability” (The Chartered Institute of Marketing) Advertising: "Advertising is the nonpersonal communication of information usually paid for and usually persuasive in nature about products, services or ideas by identified sponsors through the various media."(Bovee, 1992:p. 7)
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The Role of Advertising in Marketing While marketing will establish the goods and services that will sell, advertising will inform the market that they are available. Advertising will promote the product and service in a such a way to appear attractive to consumers and customers as well as different from competitors.
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Marketing Mix (4P’s)
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The Right Product “Marketing is not about providing products or services it is essentially about providing changing benefits to the changing needs and demands of the customer” (P.Tailor) Product Design, Quality, Features, Branding
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At the Right Price It costs to produce and design a product, it costs to distribute a product and costs to promote it. Pricing is difficult and must reflect supply and demand relationship
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In the Right Place The organisation must distribute the product to the user at the right place at the right time Right Place = Right Distribution The right place also has implication on the perceived position in the market-place and the image and reputation of the product and service
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With the Right Promotion Promotion, therefore, is the total way that a company presents its products to the market. Promotion is the element in an organization’s marketing mix that serves to inform, persuade, and remind the market of a product and/or the organization selling it, in hopes of influencing the recipients’ feelings, beliefs or behavior
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Promotion Mix Elements Public Relation Media Advertising Sales Promotion Direct Marketing Personal Selling
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Selling in-Push Selling in: “push” products to the wholesalers and retailers to encourage stocking-up once customer has seen the consumer advertising. The process of selling in involves informing the wholesalers and retailers about saleable products that will sell at the right price to allow mark-up for profit. The wholesalers and retailers will also given incentives and discounts to encourage the intermediaries to stock.
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Selling in-Pull “Pull” is the encouragement for the customers to go to the stores to buy the products, after they have been exposed to the advertising and promotion activities.
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Assignment Definition of Advertising; and translate it to your own words and understanding Differences Advertising and PR New promotion mix elements
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