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Published byEthel Austin Modified over 9 years ago
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Integrated Marketing Communications:, PR, Publicity, and Sales Promotions Jeremy Kees, Ph.D.
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Sales Promotions A collection of incentive tools, mostly short term, designed to stimulate quicker or greater purchase of particular products or services by consumers or the trade –Customer Oriented –Trade Oriented
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Why Sales Promotions? Increased Promotional Sensitivity –Declining Brand Loyalty –Response to Competition (viscous cycle) Brand Proliferation Fragmentation of Markets Pressures for Short-Term Performance –Increased Accountability –Advertising Inefficiency
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Consumer-Oriented Promotions Coupons
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Consumer-Oriented Promotions Refunds –Similar to Rebates Samples Bonus Packs Premiums
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Consumer-Oriented Promotions Contests Sweepstakes
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Consumer-Oriented Promotions Specialty Advertising –Peanut Chews Opening Night T-Shirt
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Consumer-Oriented Promotions Event Marketing –Becoming part of a personally relevant moment in consumers’ lives –Sponsorships are perhaps the most prevalent/popular form of event marketing –Example: Bryant Park and the Simpsons Free ice skating (skate rentals) Ned Flanders' hot chocolate Simpsons Sprinkalicious donuts "Duff & D'oh!Nuts" ice cream Empire State Building of shining “Simpsons” yellow
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Trade-Oriented Promotions Trade Allowances Point-of-Purchase Displays Trade Shows Dealer Incentives
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And finally… Marketers’ response to the DVR / TiVo revaluation… Product placement –Some examples Apprentice / Survivor The Office (1)1 –We now see it in… Movies TV programming Video games
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Group Exercise Is product placement a useful tool for marketers? –If so, under what circumstances Are there any ethical considerations? –For instance, some countries not permit product placements in domestic made films.
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Marketing Public Relations (MPR) The firm’s communications and relationships with its various publics Includes a variety of programs to promote or protect a company’s image or individual products Corporate Ads – Boeing VSB
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MPR Functions Building Marketplace Excitement –PS3PS3 Creating Advertising News –Super Bowl AdsSuper Bowl Ads Substitute for Advertising Providing Value-Added Customer Service –ButterballButterball
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Advantages of MPR Credibility Cost Avoidance of Clutter Image Building
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Publicity …. nonpersonal stimulation of demand for a good, service, place, idea, person, or organization by unpaid placement of significant news regarding the product in a print or broadcast medium Sprint Fires Customers Really, a subset of the MPR effort.
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Advantages of Publicity Credibility (even more than public relations) News Value Disadvantages??
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Personal Selling …. interpersonal influence process involving a seller’s promotional presentation conducted on a person-to- person basis with the buyer –Oldest and most traditional form of “marketing” –Traditionally a negative stereotype (unfortunately) –Today, we see an emphasis on “relationship selling” Emphasis on LTV of customers Constant building/fostering of relationships
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Today’s Salesperson… A highly-trained professional Takes a customer-oriented approach in order to satisfy the long-term needs of both the customer and the selling firm Problem solvers –Account managers –Know customers inside and out so that the company can adapt to customer needs
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Huge $$ Potential (if you’re good)
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The Sales Process
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Sales Force Decisions Objectives Strategy Structure Size Compensation
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