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Planning Advertising and Integrated Brand Promotion

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Presentation on theme: "Planning Advertising and Integrated Brand Promotion"— Presentation transcript:

1 Planning Advertising and Integrated Brand Promotion
Marketing 3344

2 Advertising Plan and Its Marketing Context
Marketing Plan Specifies thinking and tasks needed to conceive and implement an effective advertising effort Ad Plan

3 Advertising Plan Components
Introduction Situation Analysis Objectives Budgeting Strategy Execution Evaluation

4 Advertising Plan Components
Introduction Executive summary Overview Historical context Industry analysis Market analysis Competitor Analysis Situation Analysis

5 Ad in Context Example Historical context is an important consideration in developing an advertising plan for a brand.

6 Advertising Plan Components: Objectives
To create or maintain brand awareness. To change consumer beliefs or attitudes. To influence purchase intent. To stimulate trial use. To convert one-time users into repeat purchasers. To encourage brand switching.

7 Sales vs. Communication Objectives
Advertising = Sales? Advertising = Communication? Effective Communication = Sales? Sales vs. Communication Objectives Focusing on communications objectives allows advertisers to consider a broad range of strategies. Building brand loyalty can take years.

8 Advertising Plan Components: Objectives
Quantitative benchmarks Measurement methods Criteria for success Time frame Characteristics of Workable Objectives

9 Advertising Plan Components: Budgeting
Percentage of sales Does not relate spending to objectives Share of market/voice Likely to maintain “status quo” market share Response models Depends on sales = advertising relationship Objective and Task Preferred and strategic Budgeting Methods

10 Implementing Objective and Task Budgeting
Compare costs against industry and corporate benchmarks Determine cost based on build-up analysis Production costs Ancillary costs Other promotion/IBP Reconcile and modify budget Reach Frequency Time frame Media Determine time Frame for payout

11 Advertising Plan Components
Brand name recognition? Repetition and frequency Rhyming games Trial Use Stimulation? Introductory offers Product guarantees Brand Switching? Value Propositions Product comparisons Strategy

12 What is the strategy in this ad?
Ad in Context Example What is the strategy in this ad?

13 Advertising Plan Components
Copy strategy Media plan Integrated brand promotion Execution Criteria Methods Consequences Evaluation

14 The Role of the Advertising Agency in Planning Advertising and IBP
Advertiser must bring to the table an assessment of the brand’s value, the external environment, and opportunities and threats. The advertising agency’s role is to translate the current marketing plan and market status of the brand into: advertising objectives advertising strategies finished advertisements and IBP materials placement and execution of advertising and IBP The Role of the Advertising Agency in Planning Advertising and IBP


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