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Advertising Management

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Presentation on theme: "Advertising Management"— Presentation transcript:

1 Advertising Management
Chapter 5 Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall

2 Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall
Chapter Objectives What activities are involved in advertising management? What roles do the company’s overall mission, products, and services play in advertising programs? When is it best to use an in-house advertising approach and when is it better to employ an external agency? What are the steps of an effective advertising campaign management program? How should the functions performed by the advertising account executives and the advertising creative interact in preparing an advertising campaign? Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall

3 Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall
The Perfect Pushup Alan Mills Navy Seal Functional Training The Perfect Pushup Created the BODYREV company Infomercials Buzz marketing Advertising campaign Co-op advertising Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall

4 Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall
Chapter Overview Advertising management Choosing an advertising agency Advertising campaign management Communications market analysis Advertising goals Advertising budget Media selection Creative brief Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall

5 Advertising Management
Evaluate role of advertising in IMC program. Select in-house or external agency. Develop advertising management strategy. Develop creative brief. Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall

6 In-House or Advertising Agency Decision Criteria
The size of the account The media budget Objectivity Product complexity Creative ability Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall

7 Boutique ------------------ Full-service
External Agencies Boutique   Full-service Advertising agencies Media service companies Direct marketing agencies Consumer and trade promotion specialists Public relations firms Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall

8 Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall
Whole Egg Theory New trend in advertising Young and Rubicam Ad Agency Total success in the marketplace Integration of marketing approach. Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall

9 Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall
Choosing an Agency Set goals. Select process and criteria. Screen initial list of applicants. Request client references. Reduce list to 2-3 viable agencies. Request creative pitch. Select agency. Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall

10 Evaluation Criteria Selecting Advertising Agency
Size of agency Relevant experience Conflicts of interest Creative reputation Product capabilities Media purchasing capabilities Other services available Client retention rates Personal chemistry Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall

11 Advertising Planning and Research
General pre-planning input Product specific-research Major selling idea Qualitative research Anthropology Sociology Psychology Value and lifestyle model (VALS) Personal drive analysis (PDA) Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall

12 Key Advertising Personnel
Creatives Account managers Traffic managers Media planners Media buyers Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall

13 Steps in Advertising Campaign Management
Review communication market analysis. Establish advertising portion of IMC objectives. Review advertising budget. Select media. Prepare creative brief. Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall

14 Communication Market Analysis Review
Competitors Opportunities Target markets Customers Product positioning Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall

15 Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall
Advertising Goals To build brand image Top of mind First choice To inform To persuade To support other marketing efforts To encourage action Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall

16 Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall
Advertising Budget Manner of Distribution Continuous schedule Flighting schedule Pulsating schedule Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall

17 Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall
Creative Brief The objective The target audience The message theme The support The constraints Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall

18 Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall
Left – Right Brain Ads “Left brain” advertisement Logical, rational side of brain Manages numbers, letters, words, and concepts Rational appeal “Right-brain” advertisement Emotional side of brain Manages abstract ideas, images, and feelings Emotional appeal Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall


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