LEARNING OBJECTIVES

LEARNING OBJECTIVES
LEARNING OBJECTIVES
LEARNING OBJECTIVES


LEARNING OBJECTIVES

· Know what steps are involved in developing an advertising program.
· Know how should sales promotion decisions be made.
· Know what are the guidelines for effective brand-building events and experiences.
· Know how can companies exploit the potential of public relations and publicity.



Developing and Managing an Advertising Program
What's the meaning of advertising?
Advertising is any paid form of nonpersonal presentation and promotion of ideas, goods or services by an identified sponsor.

Organization handle advertising in different ways

Setting the objectives
· The advertising objectives must flow from prior decision on target market, brand positioning, and the marketing program.
Advertising objectives can be classified according to whether their aim is to inform, persuade, remind, or reinforce.







· Informative advertising aims to create brand awareness and knowledge of new products or new features of existing products.
Example: one of the all-time most memorable ads started Australian rugby player Jacko for Energizer batteries. He was shown dressed as a battery, bursting into an early morning subway car repeatedly shouting out the brand name to the commuters unfortunately, people remembered the name-but hated the ad:
Brand awareness cannot come at the expense ob brand attitudes.
Persuasive advertising: aims to create liking, preference, conviction, and product or service.
‾ Some persuasive advertising uses comparative advertising, which makes an explicit comparison of the attributes of two or more brands.
‾ For years, VISA has run a successful ad campaign called "It's everywhere you want to be" that show cases desirable location and events that don't accept the American Express card.
‾ Comparative advertising works best when it elicits cognitive and affective motivations simul tancously.
Reminder advertising: amis to stimulate repeat purchase of products and services.
‾ Expensive, fou-color coca-cola ads in magazines are intended to remind people to purchase coca-cola.
Reinforcement advertising amis to convince current purchasers that they made the right choice.
‾ Automobile ads often depict satisfied custoers enjoying special features of thei new car.































Deciding on the Advertising Budget





There are five specific factors to consider when setting the advertising budget:
1. Stage in the product life cycle:
New producets typically recevie large advertising budgets to build awareness and to gain consumer trial.
Esta a blished brands usually are supported with lower advertising budgets as a ratio to sales.
2. Market share and consumer base:
High -market- share brands usually require less advertising expenditure as a percentage of sales to maintain share.
3. Competition and clutter:
In a market with a large number of competitions and high advertising spending, a brand must advertise more heavily to be heard.
Even simple clutter from advertisments not directly competitive to the brand ceats a need for heavier advertising.
4. Advertising frequency:
The number of reprtitions needed to put across the brand's message to consumers has an important impact on the advertising budget.
5. Product substitutability:
Brandin less-well differentiated or commodity like product classes (beer, soft drinks, bants, and airlines) requier heavy advertising to establish a differential image.
Advertising is also important when a brand can offer unique physical benefits or features.














‾ Designing effective advertising campaigns is both an art and a science.
‾ To develop a message startegy, advertisers go through three steps.
1. MESSAGE GENERATION AND EVALUATION
2. CREATIVE DEVELOPMENT AND EXECUTION
3. SOCIAL-RESPONSIBILITY REVIEW.

‾ It is important to generate fresh insights and avoid using the same appeals and positions as others
Example: many of todays automobile ads have a sameness about them- a car driving at high speed on a curved mountion road or across adesert.
The result is that only a weak link is established between the brand and the message.
‾ A good ad normally focuses on one or two core selling propositions.
‾ The advertiser should conduct market research to determine which appeal works best with its target audience.
‾ When they find an effective appeal, advertisers should prepare a creative brief typicaly covering one or two pages.
Includes:
‾ Key message.
‾ Target audience.
‾ Communications objectives.
‾ Key brand benefits.
‾ Supports for the brand promise.
‾ Media.
All the team member working on the campaign need to agree on the creative brief befor investing in costly ads.


‾ The ad's impoct depends not only on what is said, but often more important, on how it is said.
‾ Message execution can be decisive.
‾ In preparing an ad campaign, the advertiser can prepare a copy strtegy statement describing:
· The objective.
· Content.
· Support.
· Tone of the desired ad.



‾ Advertiser and their agencies must be sure advertising does not overstep social and legal norms.
‾ Public policy markers have developed a substantial body of laws and regulations to govern advertising.
Example:
‾ Under U.S law, advertisers must not make false claims, such as stating that a product cures something when it doesnot.
‾ They must a void fales demonstrations, such as using sand-covered plexiglass instead of sandpaper to demonstrate that a razor blade can shave sandpaper.






Deciding on Media and Measuring Effectiveness

After choosing the message, the advertiser's next task is to choose media to carry it.

Media Selection
‾ Media selection is finding the most cost-effective media to deliver the desired number and type of exposures to the target audience.
Media selection
‾ Reach.
‾ Frequency.
‾ Impact.
Reach: The number of different persons or households exposed to a particular media schedule at least once during a specified time period.
Frequency: The number of time within the specified time period that an average person or household is exposed to the message.
Impact: The qualitative value of an exposure through a given medium (Thus a food ad in good housekeeping would have a higher impact than fortune magazin).













Choosing Among Major Media Types

‾ The media planner has to know the capacity of the major advertising media types to deliver reach, frequency and impact.
Media planners make their choices by considering the following variables:







‾ Target audience and media habits.
‾ Product characteristics.
‾ Message characteristics.
‾ Cost.
Target audience and media habits:
Radio and television are the most effective media for reaching teenagers.
Product characteristics:
Media types have different potential for demonstration, visualization, explanation, believability, and color.
Women's dresses are best shown in color magazines, and kodak cameras are best demstrated on TV.
Message characteristics:
‾ Timeliness and information content will influence media choies.
‾ A message announcing a majorsale tomorrow will require radio,TV, or newspaper.
‾ A message containing a great deal of technical data might require specialized magazines or mailing.
Cost: Television is very expensive, whereas newspaper advertising is relatively inexpensive