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MARKETING COMMUNICATIONS & BRAND EQUITY

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Presentation on theme: "MARKETING COMMUNICATIONS & BRAND EQUITY"— Presentation transcript:

1 MARKETING COMMUNICATIONS & BRAND EQUITY
Chapter 6

2 Role of Marketing Communications
Inform, Persuade and Remind Voice of the Brand Biggest evidence of the brand after the product itself Ability to elicit “differential response” for the brand 2. Desired Brand Knowledge 1. Current Brand Knowledge 3. Communication What is your desired brand knowledge? Have you defined optimum POD, POP and brand values? How does the comm. option help the brand get from current to desired knowledge with consumers? What is your current Brand Knowledge? Have you created a detailed mental map?

3 Information Processing Model
Six Steps of William McGuire on desired effect of communication Exposure – seeing or hearing Attention – noticing Comprehension – understand the message Yielding – Favorable response Intentions – Desire to act Behaviour – Actual action Pitfalls Media plan failure to reach audience Boring: Non creative Lack of category knowledge False claims Lack of immediate perceived need Failure to recall

4 Information Processing Model - Desirables
Right consumer exposed to right message at right place and time Creative strategy causes the person to notice the ad without distracting him from the central message The ad addresses consumers understanding of brand and product Delivery towards POD and POP The ad persuades the customer to purchase The ad gives instant recall to customer at point of purchase

5 Promotional Mix Advertising Public Relations Direct Marketing
Point of purchase advertising Trade and consumer promotions Event sponsorships Concept of Activations Digital Media Personal Selling

6 Promotion mix Advertising Public Relations Direct Marketing
Point of purchase advertising Trade and consumer promotions Event sponsorships Concept of Activations Digital Media Personal Selling Broadcast – TV, Radio, Cable Print – Magazine, Newspaper, Journals Cinema / Dramas Out-of-home Events sponsorship Digital – Internet and Mobile

7 Promotion mix Advertising Public Relations Direct Marketing
Point of purchase advertising Trade and consumer promotions Event sponsorships Concept of Activations Digital Media Credibility Being “newsy” Press releases

8 Promotion mix Advertising Public Relations Direct Marketing
Point of purchase advertising Trade and consumer promotions Event sponsorships Concept of Activations Digital Media Toll free numbers Response coupon mailers Tele-calls Permission based marketing

9 Promotion mix Advertising Public Relations Direct Marketing
Point of purchase advertising Trade and consumer promotions Event sponsorships Concept of Activations Digital Media Shelf talkers Aisle Markers Shopping Card ads In-store radio / tv (Jumbo king)

10 Promotion mix Advertising Public Relations Direct Marketing
Point of purchase advertising Trade and consumer promotions Event sponsorships Concept of Activations Digital Media Trade promos Deals and buying allowances PoP allowances Incentives/ contests Training Trade Shows Cooperative advertising Consumer promos samples Discounts Bonus packs Rebates…e.t.c.

11 Promotion mix Advertising Public Relations Direct Marketing
Point of purchase advertising Trade and consumer promotions Event sponsorships Concept of Activations Digital Media Sports Arts Entertainment Fairs and Festivals Cause Related

12 Promotion mix Advertising Public Relations Direct Marketing
Point of purchase advertising Trade and consumer promotions Event sponsorships Digital Media Local Area Marketing Engaging vs. Intruding Intended to bring about change in behaviour Uses local media to promote an activity related to the brand

13 Promotion mix Advertising Public Relations Direct Marketing
Point of purchase advertising Trade and consumer promotions Event sponsorships Digital Media Internet Banners – CPC and CPM Search – Sponsored and organic Custom Sites Gaming (eg Second life) Social Media and Blogs Mobile Sms and value added serv. Content

14 Characteristics of each medium
Television Audio + video High reach and impact …. More Radio Brand must be identified early and often Benefit must be mentioned early and repeated Newspapers Magazines Direct Response Outdoors

15 Flashback BTV Radio Bangladesh

16 Today…..

17 Need for integrated media
Media usage is far more fragmented Urban populace is spending more time out-of-home Customers are well informed. Information travels fast The retail marketplace is getting organized Technology is becoming more and more user friendly Internet and Mobile show promising prospects

18 Case Study – Women Horlicks
Brand Challenge – The change needed The new Target audience – Working Woman TV commercial with Konkona Sen Website – Indianwomenshealth.com Events sponsorship – Woman’s day event – Yami “Micronutrients recommended by WHO” “no added sugar. Less fat” Doctor’s contact programme

19 Matching communication options
Coverage – proportion of Audience reached Contribution – ability to create desired response Commonality – consistency across media Complementarity-Whether it matches the product criteria and the brand Versatility-flexibility Cost

20 Guidelines for Integrated Communications
Analytical – consumer behavior Curious – understand what's of value to customers Single – minded Integrative – consistency in message Creative Observant – keep track Patient – long- term Realistic Be


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