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Market-Based Management, 4th edition

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Presentation on theme: "Market-Based Management, 4th edition"— Presentation transcript:

1 Market-Based Management, 4th edition
Marketing Communications and Customer Response Chapter Ten

2 Marketing Communications and Customer Response
Chapter Ten Marketing Communications Awareness Frequency Effectiveness Communications Strategies Measuring Marketing Communications Effects

3 Marketing Communications
What is the role of Marketing Communications? To Build Awareness To Maintain Awareness To Stimulate Action What is the Objective of Marketing Communications? Communicate effectively to target customers

4 Advertising Awareness and Message Frequency

5 Advertising Effectiveness and Customer Response

6 Causes of Poor Customer Response
Low Levels of Ad Exposure Poor media selection and/or limited media exposure Low Levels of Ad Awareness Insufficient ad frequency and/or ineffective ad content Low Levels of Ad Content Comprehension Insufficient ad frequency and or ineffective ad content Low Intensions to Take Desired Actions Insufficient ad frequency and/or weak value proposition Low Levels of Desired Action Insufficient ad frequency and/or action not clearly specified

7 Building Customer Awareness and Comprehension
Media Selection and Customer Awareness Target Market Reach Message Frequency and Customer Awareness Concentrated vs. Distributed Gross Rating Points Ad Copy and Customer Response

8 Message Reinforcement
Pulsing Vs. Heavy-Up

9 Push vs. Pull Communications Strategies

10 Advertising Elasticity
% Change in Sales % Change in Ad Expense Estimating Advertising Elasticity .4 Advertising Elasticity Means? Promotional Price Elasticity -1.5 (Normal Elasticity) vs (Price Promotion)

11 Advertising Carryover Effects

12 Direct Marketing Promotions

13 Takeaways/Review Role and Objectives of Marketing Communications
Advertising Awareness, Frequency, and Response Building Awareness Reasons for Poor Awareness Message Reinforcement Push vs. Pull Strategies Advertising Elasticity Carryover Effects Direct Marketing Promotions

14 Marketing Performance Tools
Estimating Ad Effectiveness and Customer Response

15 Marketing Performance Tools
Estimating Advertising Elasticity

16 Marketing Performance Tools
Estimating Advertising Carry-Over Sales Effect


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