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Published byWalther Gärtner Modified over 6 years ago
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Advertising Any paid form of nonpersonal presentation
and promotion of ideas, goods, or services by an identified sponsor.
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Figure 18.1 The Five M’s of Advertising
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Advertising Objectives
Informative advertising Persuasive advertising Reminder advertising Reinforcement advertising
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Factors to Consider in Setting an Advertising Budget
Stage in the product life cycle Market share and consumer base Competition and clutter Advertising frequency Product substitutability
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Developing the Advertising Message
Message generation: Inductive (Talk to Consumer) Deductive (Observation) Message Evaluation and Selection Desirability Exclusiveness Believability Message Execution: Rational Positioning Emotional Positioning Social responsibility review
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Message Execution Style Tone Words
Format: Ad Size, Color and illustration
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Media Selection Reach Frequency Impact Exposure
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Figure 1.2 Relationship among Trial, Awareness, and the Exposure Function
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Choosing Among Major Media Types
Target audience and media habits Product characteristics Message characteristics Cost
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Major Media Types Newspapers Television Direct mail Radio Magazines
Outdoor Yellow pages Newsletters Brochures Telephone Internet
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Television Advantages Reaches broad spectrum of consumers
Low cost per exposure Ability to demonstrate product use Ability to portray image and brand personality Disadvantages Brief Clutter High cost of production High cost of placement Lack of attention by viewers
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Print Ads Advantages Detailed product information
Ability to communicate user imagery Flexibility Ability to segment Disadvantages Passive medium Clutter Unable to demonstrate product use
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Print Ad Components Headline Picture Signature Copy
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Print Ad Evaluation Criteria
Is the message clear at a glance? Is the benefit in the headline? Does the illustration support the headline? Does the first line of the copy support or explain the headline and illustration? Is the ad easy to read and follow? Is the product easily identified? Is the brand or sponsor clearly identified?
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Place Advertising Billboards Public spaces Product placement
Point-of-purchase
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Selecting Specific Vehicles
Circulation Audience Effective audience Effective ad-exposed audience
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Figure 18.3 Classification of Advertising Timing Patterns
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Deciding on Geographical Allocation
National Buys (Place ads on national TV networks) Spot Buys (Buys TV time in just a few markets or in regional editions of magazines)
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Evaluating Advertising Effectiveness
Communication Effect Research Consumer feedback method Portfolio tests Laboratory tests Sales-Effect Research
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Sales Promotion Collection of incentive tools, mostly
short term, designed to stimulate quicker or greater purchase of particular products or services by consumers or the trade.
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Sales Promotion Tactics
Consumer-directed Samples Coupons Cash refund offers Price offs Premiums Prizes Patronage rewards Free trials Tie-in promotions Trade-directed Price offs Allowances Free goods Sales contests Spiffs Trade shows Specialty advertising
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Using Sales Promotions
Establish objectives Select tools Develop program Pretest Implement and control Evaluate results
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Direct Marketing Direct marketing uses consumer-direct channels to reach and deliver offerings to consumers without intermediaries. Direct marketing is growing and offers consumers key benefits. Firms are recognizing the importance of integrated direct marketing efforts.
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Major Direct Marketing Tools
Face-to-face selling Direct mail Catalog marketing Telemarketing Direct-response TV marketing Kiosk marketing E-marketing
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Direct Marketing Steps in Developing a Direct-Mail Campaign:
Step 1: Set objectives Step 2: Identify target markets Step 3: Define the offer Step 4: Test the elements Step 5: Measure results
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