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Topic 1 The advertising context
Reading: Thorson & Duffy (2012), ch 1
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Marketing Communications
‘The means by which a supplier of goods, services, values and/or ideas represents themselves to their target audience with the goal of stimulating dialogue leading to better commercial or other relationships.’ (Egan, 2007)
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Marketing Communications
Personal Selling Public Relations Sponsorship Direct Marketing Sales Promotions Advertising
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Defining advertising “Advertising is a paid, mediated form of communication from an identifiable source, designed to persuade the receiver to take some action now or in the future.” (Richards & Curran, 2002, cited in Thorson & Duffy, 2012:2)
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Persuade
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Inform
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Remind
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Differentiate
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Provide verbal descriptions
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Enhance image
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Limitations of advertising
Great advertising won’t sell a bad product Expensive Wastage One-way Impersonal 12
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The advertising context
What’s happening in society, the economy, the legislative framework, politics, technology, the ‘green’ environment that might influence advertising?
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The advertising context
Devices as media channels – internet, mobile, e-readers Social networks Mass media fragmentation Mass market fragmentation Economic activity Branding and loyalty Regulation
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Impact of external factors on marketing communications (adapted from Yeshin 2006)
Information overload Changes in family composition The ageing population The green imperative Corporate Social Responsibility Changing media/growth of narrow casting Growth of global marketing Retailer power
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Assessing the elements of the promotional mix (incorporating Fill, 2002)
Level of customisation/audience specialisation/personalisation and interaction Ability to reach large audience Level of credibility Expense - absolute and per contact Wastage Size of investment Ability to evaluate effectiveness of campaign Level of flexibility as circumstances change Speed of message delivery
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