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Bell Ringer Have you ever visited a movie's website prior to seeing the movie? If yes, what did you find on the site? If no, did you even know that most all movies have a website?
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Movie Websites
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Agenda Bell Ringer / Attendance – 5 min Chapter 11.1 Vocabulary (page 282) – 10 min Chapter 11. 1 Lecture and Notes – 30 min Article Summary – 25 min
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Updated Grading Timeline January 27 - (Monday) - grading window closed at 3pm January 30 - (Thursday) - distribute report cards March 5 th (Wednesday) - 4th six week ends March 11 th (Tuesday) - grading window closes March 14 (Friday) - distribute report cards
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Table of Contents TopicPage # Promotions in Sports and Entertainment 20 Virtual Business Lesson 3 Vocabulary and Questions21 Bell Ringers – 12/16 – 12/2022 Chapter 10.2 Vocabulary Words, Notes, and Marketing Math 23 Virtual Business Lesson 4 Questions24 Virtual Business Lesson 4 Vocabulary25 Chapter 10.3 Vocabulary Words, Notes, and Marketing Math 27 Virtual Business Lesson 5 Questions28 Virtual Business Lesson 5 Vocabulary29 20 Most Unforgettable Ads30 Chapter 11.1 Vocabulary Words and Notes31 Virtual Business Lesson 6 Questions32 Virtual Business Lesson 6 Vocabulary Words33
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30 31 Chapter 11.1 Vocabulary and Notes Page 282 Promotional Plan Promotional Mix Advergame Quantitative Measurement Qualitative Measurement Social Network Chapter 11.1 Notes Notes 20 Most Unforgettable Ads Ad #1: Ad #2: Ad #3: Ad #4: Ad #5:
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Learning Targets 1.List the steps in developing a promotional plan. 2.Discuss recent promotional trends and ways to stay current with trends.
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Vocabulary Words Promotional Plan Promotional Mix Advergame Quantitative Measurement Qualitative Measurement Social Network
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Developing a Promotional Plan Promotional Plan A written, detailed description of how the four elements of promotion (advertising, sales promotion, publicity, and personal selling) will be used. The promotional plan includes the following steps: – Identify the target customers. – Set promotional goals. – Develop a promotional budget. – Select the promotional mix. – Measure the results.
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Identify the Target Customers Design a comprehensive plan with a clear understanding of which specific targeted group in the focus of each phase of the plan. – The target customers will guide the selection of the media and the promotional mix.
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Set Promotional Goals Specific goals for each part of the promotional plan are set. The goals will be written in a form that makes them measureable, so that a successful promotion can be defined before it starts. – Eg: The advertisement will generate 5,000 more website views within the month of February.
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Develop a Promotional Budget The budget must be tied to the promotional goals, since all promotion, except publicity, costs money. – Average magazine ad: $15,000 – Average prime-time TV spot: $110,000
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Select the Promotional Mix Promotional Mix the blending of the promotional elements of advertising, sales promotion, publicity, and personal selling. – The promotional mix and the media used should all be selected base on the targeted customers, the goals, and the budget.
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Select the Promotional Mix Traditional advertising media are more expensive more are effective in reaching Baby Boomers. To connect with a younger market, an advergame might be used. Advergame an electronic or online game that incorporates marketing content to promote a product or service.
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Advergame Examples: Using video games to market a product Kiosks Announcements Exclusive parties
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In-game Advertising
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Measure the Results Data must be collected and analyzed to determine if the promotional plan has been successful.
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Measure the Results Quantitative Measurement provides information in terms of numbers and percentages. – i.e. Increase the market share by 5% over a year.
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Measure the Results Qualitative Measurement Subjective and depends on interpretation. – i.e.: May assess the loyalty of consumers to a brand name based on descriptions of consumers’ reactions to a promotion.
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Promotional Trends Social Networks – One of the strongest mediums for passing on messages about products and services. Movie Promotions – Trailers are critical attracting an audience.
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Interesting Links: http://adage.com/article/special-report-2014- sports/10-great-moments-sports-marketing- history/291181/ http://adage.com/article/special-report-2014- sports/10-great-moments-sports-marketing- history/291181/ http://socialmediatoday.com/dan- stasiewski/1733076/how-much-has- marketing-really-changed http://socialmediatoday.com/dan- stasiewski/1733076/how-much-has- marketing-really-changed http://socialmediastrategiessummit.com/blog /ten-ways-new-media-has-changed-the-face- of-marketing/ http://socialmediastrategiessummit.com/blog /ten-ways-new-media-has-changed-the-face- of-marketing/
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Assignment Choose one article to read and write/type a 1 paragraph summary from the article. Be sure to include facts that you found interesting in your summary.
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Assignment View the ‘20 Most Unforgettable Ads of 2013’. Select 5 ads that interested you the most. Answer the following questions: – What product is being sold? – What sound effects or music does the commercial use? Do the sounds make it more exciting? – What was the message behind the ad? Think ‘slogan’ or ‘tagline’? – What about the message/ad was memorable? – What makes you want to purchase the product? The message of ad, the benefits of the product, etc.
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