Chapter 9 Identifying Market Segments and TargetsPeleZain
- Advertising is any paid form of nonpersonal presentation and promotion of ideas, goods, or services by an identified sponsor. Developing an advertising program involves five steps: setting objectives, establishing a budget, choosing the message/creative strategy, deciding on media, and evaluating effects.
- Sales promotion consists of mostly short-term incentive tools designed to stimulate quicker or greater purchase of particular products.
- Events and experiences are a means for companies to become part of special moments in consumers' lives to broaden relationships, but must be properly managed.
- Public relations includes programs to promote or protect a company's image through publications, events, news, community affairs and more at a lower cost than advertising.
The document discusses operational communication strategies for advertising, including developing a creative brief, insight, promise, and creative ideas. It also covers advertising theories, research methods like pre-testing and post-testing, different types of media including above-the-line, below-the-line, and through-the-line approaches. Promotional tools like TV, print, radio, and direct marketing are also mentioned.
what is advertising? Discuss the function of media management in advertising...Md. Sajjat Hossain
what is advertising? Discuss the function of media management in
advertising.
Introduction
Advertising is a form of communication whose purpose is to inform potential
customers about products and services. Every major medium is used to deliver these
messages, including: television, radio, movies, magazines, newspapers, video games,
the Internet and billboards. An advertising agency or ad agency is an organization
dedicated to creating, planning and handling advertising (and sometimes other forms
of promotion) for its clients.
Advertising
Generally we can say that Advertising is a marketing communication that employs
an openly sponsored, non-personal message to promote or sell a product, service or
idea
Advertising is a means of communication with the users of a product or service.
[https://economictimes.indiatimes.com/definition/advertising]
Types of advertising
There are different types of advertising. These are:
Commercial Media advertising
Advertising that involves commercial interests of profit-making and money-making
is called commercial advertising. Commercial advertising media can include wall
paintings, billboards, printed flyers and rack cards, radio, cinema and television ads,
web banners, mobile telephone screens, shopping carts, web popup, magazines,
newspapers and posters.
Covert advertising
Covert advertising is a unique kind of advertising in which a product or a particular
brand is incorporated in some entertainment and media channels like movies,
An advertising campaign is a coordinated plan using multiple advertising messages across various media channels over a set period of time to meet marketing objectives. The key stages of an advertising campaign include setting objectives, identifying the target audience, determining the advertising budget, developing the messaging, selecting appropriate media, and evaluating results. The overall goal is to effectively communicate the intended marketing message to the target market in a way that increases sales.
The document outlines the roles and responsibilities of 12 group members for a project on advertising and public relations. Group member 1 is the group leader and is responsible for the history and definition of advertising. Other members are responsible for advantages and disadvantages, types of advertising, objectives, budgets, strategies, media selection, evaluation, public relations, and tools. The document then provides details on various topics within advertising and public relations including history, objectives, budgets, strategies, evaluation, and public relations.
The document discusses key considerations for developing an effective advertising program including setting objectives, determining budget, developing messaging, selecting media, and evaluating effectiveness. The 5 M's framework is outlined covering mission, money, message, media and measurement. Additional topics covered include sales promotion strategies and public relations program decisions.
This document discusses five key decisions in developing an advertising program: mission, budget, message, media, and measurement. It outlines objectives like informative, remind, and reinforcement advertising. Budget factors include market share, product life cycle stage, competition, and substitutability. Effective messages have a big idea that connects rationally and emotionally. Media selection considers reach, frequency, and impact. Measurement evaluates communication and sales effects. Sales promotion and trade promotion tools are also discussed. Guidelines for brand building events include targeting markets, increasing brand salience, reinforcing images, promotional opportunities, enhancing corporate image, creating experiences, and expressing social commitment.
This document discusses advertising and advertising campaign management. It defines advertising and its nature, then lists some key advantages like mass reach and enhancing customer satisfaction. It also discusses some limitations like lack of feedback and inflexibility. The document then outlines the main stages of managing an advertising campaign, including identifying the target audience, setting objectives and metrics, developing audience segmentation strategies, determining appropriate marketing channels and content, creating compelling offers, and using analytics to measure success.
The document discusses integrated marketing communication (IMC), which aims to make all aspects of marketing such as advertising, sales promotion, PR, direct marketing, personal selling, online communications and social media work together as a unified force with a similar tone and style. The goal of IMC is to create a seamless experience for customers and reinforce the brand's core message. The document also lists some factors that have led to the increased importance of IMC such as market fragmentation and new technologies.
This document provides an overview of advertising by defining it, outlining its key components and roles, describing common types, and identifying important players. Advertising is a form of paid communication designed to inform and persuade a large audience. It has marketing, communication, economic, and societal roles. Common types include brand, retail, direct response, and nonprofit advertising. Key players in advertising include advertisers, agencies, media companies, suppliers, and audiences. Integrated marketing communication and globalization are current industry trends. An effective ad gets attention, creates a positive brand impression, differentiates the brand, and influences the desired audience response.
This document provides an overview of advertising by defining it, outlining its key components and roles, describing common types, and identifying important players. Advertising is a form of paid communication designed to inform and persuade a large audience. It has marketing, communication, economic, and societal roles. Common types include brand, retail, direct response, and nonprofit advertising. Key players in advertising include advertisers, agencies, media companies, suppliers, and audiences. Recent trends involve integrated marketing communication and operating globally. An effective ad gets attention, creates a positive brand impression, differentiates the brand, and influences the desired audience response.
The document outlines key concepts in integrated marketing communication (IMC), including defining IMC and its tools, the communication process, developing an IMC plan, and considerations for implementation. Specifically, it describes the nine elements of the communication process, the six steps to developing an IMC plan such as identifying the target audience and determining objectives, and factors to consider like the product/market type and buyer readiness state.
This document provides an overview of marketing communication and promotion. It covers key topics such as:
1) Definitions of promotional strategy and the promotional mix.
2) The roles of promotion in achieving overall marketing objectives and providing a competitive advantage.
3) Components of the promotional mix including advertising, public relations, sales promotion, and personal selling.
4) The marketing communication process and how messages are encoded, transmitted through channels, and decoded by receivers.
5) Goals of promotion including informing, persuading, and reminding target audiences.
6) The AIDA model of gaining consumer attention, interest, desire, and action.
7) Factors that affect promotional mix decisions
Mass communication relates to various means of relaying information to large audiences through mass media such as newspapers, magazines, radio, television and film. It includes developing and disseminating advertising and news, as well as processes like diffusion of information and media effects on public opinion. Effective marketing utilizes a variety of communication tools including advertising, sales promotion, public relations, events and experiences to build brand awareness and sales. Proper planning and allocation of budgets, messaging, timing and evaluation of these tools is needed to achieve communication goals.
This document provides an overview of marketing communication strategies and tools. It discusses the objectives of marketing communication as informing, persuading and reminding the target audience. The key elements of the marketing communication mix are described as advertising, promotion, public relations, direct sales. Advertising is elaborated on as the most prominent paid element, with the AIDA model of attracting attention, building interest, creating desire and prompting action. Other marketing communication channels like public relations, sales promotion and personal selling are also summarized along with their objectives and benefits.
The document discusses the 5 M's of advertising - Mission, Money, Message, Media, and Measurement. It provides details about each M:
Mission involves setting advertising objectives such as to inform, persuade, or remind. Money refers to determining the advertising budget based on factors like the product's stage in its life cycle. Message involves generating the advertising message through inductive and deductive methods. Media is selecting the appropriate media vehicles to reach the target audience. Measurement is evaluating the effectiveness of the advertising campaign by assessing communication and sales impact.
Media P&B INTRODUCTION TO MEDIA PLANNING AND SELECTIONM.V.L.U. COLLEGE
Media planning involves selecting appropriate media outlets to place advertisements to achieve marketing objectives. A media planner evaluates options and develops campaigns. Key aspects of media planning include properly selecting media based on the target audience and objectives, allocating budgets, and indicating periods of focus. A media planner's role is to create a coordinated advertising plan within budget. Their job is to decide where, when and how often to place ads to optimize client budgets.
International Marketing Communication and its process..promotional tools Radhika Arora
This document provides an overview of international marketing communications and promotional strategies. It discusses key concepts such as:
- The definition of integrated marketing communications as coordinating all marketing tools to maximize impact at minimal cost.
- How communication is important for export marketing to provide buyers with needed purchase decision information.
- Common objectives, metrics and steps for planning international promotional campaigns, including determining target audiences, budgets, and effectiveness measurements.
Similar to Media Decision (1).pdf marketing strategy (20)
Chap12.ppt add more information servive marketingOshadiVindika
This document discusses the role of customers in service delivery. It notes that customers can both enhance and detract from satisfaction through their interactions. Customers participate in the service delivery process and can act as "partial employees" contributing resources. They can also contribute to quality and their own satisfaction by providing feedback or performing their role well. However, customers may lack understanding of their role or interfere with others. The document provides frameworks for understanding different levels of customer participation and strategies businesses can use to enhance participation, such as defining customer jobs and managing the customer mix.
This chapter discusses the development of service products and experiences. It explains that a service product consists of a core product plus supplementary elements that enhance its value. The "flower of service" model illustrates how supplementary elements support the core. Branding strategies for service products are also reviewed, from using a single brand to separate sub-brands. The chapter emphasizes integrating core products with supplementary elements and delivery processes to create a seamless customer experience defined by the service brand.
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1. Media Decisions
Lecture by: Ms. Oshadi Rupasinghe
Temporary Assistant Lecturer
Department of Marketing Management
2. Introduction
• In the context of advertising, the term media is used to refer to the channel of
communication which carries the message to the target audience.
• Media decision is the process of selecting time & space in various media in
advertising in order to accomplish marketing objectives.
• It process of analyzing and choosing media for an advertising and promotion
campaign.
• Media decision in advertising can take many different directions depending on the
product being sold.
• Media decisions answers to lots of questions like, “how many prospects do I need
to reach ?”, “In which medium should I place the Ads?”
3. Major Advertising Decisions
To understand how to develop an effective advertising campaign requires us to understand Five Ms of
advertising. These are mission, money, message, media, and measurement explicated below.
The 5M’s are:
1.Mission: What is the objective of the campaign? What do you want to achieve?
2.Message: What is the message you want to communicate to your target audience?
3.Media: Which channels will you use to deliver the message? How will you reach your target audience?
4.Money: What is your budget for the campaign? How much will you spend on each element of the
campaign?
5.Measurement: What would be the metric to evaluate the effectiveness of the campaign?
4. • Based on these 5 Ms are the various decisions that development of any advertisement
entails. Let us consider them one by one.
5. 1.Setting Advertising Objectives ( Mission)
• Advertising objective- A specific communication task to be accomplished with a specific
target audience during a specific period of time. Objectives are classified in 4 categories.
1. Informative (Awareness and Information)
2. Persuasive (Aims to create liking, preference, change)
3. Reminder (Aims to stimulate repeat purchase)
4. Reinforcement (Aims to convince current purchases that they made right decisions)
6. Based on the different objectives, advertisements can be of the following types:
• Informative advertising is to create awareness about a new product or new features of an
old product.
• Persuasive advertising is to persuade the audience to like, prefer, get convinced and
purchase a product. The customers are persuaded to believe that the brand that is being
advertised is the best for them.
• Comparison advertising shows how a particular brand is better than its competitor.
However, it should not be denigrating the rival brand. Some countries have strict rules for
competitive advertising so that it is not unfair.
• Reminder advertising is to keep the product in the minds of the customers so as to
facilitate repeat purchase.
• Reinforcement advertising aims at communicating to the existing customers how they
made the right choice by buying that product.
7. 2.Setting Advertising Budget (Money)
There are several Advertising Budget Methods can be used:
1. Affordable methods-Spending as much as we can afford
2. Percentage of sales methods- Predetermined percentage of the last year sale
3. Competitive parity methods- Spending same as competitor spends
4. Objective and task methods- Objective and task that need to be accomplished
Some specific factors that should be considered when setting the advertising budget; these factors can
be stated as under :
1. Stage in the Product Life-Cycle: A product in the introduction stage needs large advertising budgets
to create awareness and gain consumer trial. In contrast, products in the maturity stage usually
require lower budgets as a ratio to sales.
2. Market Share: Brands that enjoy high-market share need more advertising budget as a percent of
sales than low-share brands. Building the market or taking share from competitors requires larger
advertising budgets than simply maintaining the current share.
8. 3. Competition and Clutter: In a highly competitive market where advertising spending is
also large, a brand should be advertised heavily to attract buyers. Clutter refers to the high
volume of advertisements and promotional message that consumers are exposed to
across various media channels. Therefore, businesses must allocate sufficient resources to
ensure that their advertising efforts cut through the clutter and reach their target
audience.
4. Advertising Frequency: The advertising budget must be larger in a situation where
advertising frequency is higher.
5. Product Differentiation: A brand that closely resembles other brands in its product class
requires heavy advertising to maintain its distinctive image. Considering product
differentiation when setting the advertising budget ensures that sufficient resources are
allocated to emphasize the product unique benefits, helping to create strong market
presence and competitive advantage.
9. 3. Message Decisions- Advertising Strategy (Message)
• The strategy by which the company accomplishes its advertising objectives. Here general
message to be communicated to customers .
Analysis of audience
Message Content
Creative Concept
Message Execution
10. • Message generation – Fresh insights are important for avoiding using the same appeals and positions as
others. Advertisers are always seeking “The big idea”.
• Creative Concept- The big idea will bring the advertising strategy to life in a distinctive and memorable way.
• Message Execution- The advertiser must turn the big idea into an actual ad execution that will capture the
target market’s attention and interest. The advertiser must find the style, tone, words, and format for
executing the message. Different execution styles may be adopted for presenting any message, such as the
following:
• Social Responsibility review- Ensure that the ad does not overstep any social and legal norms.
Eg: No ads should promise magical cure for any ailment or disease.
11. 4. Media Decisions- Selecting Advertising Media (Media)
• The channels via which a message can be communicated are many and each medium has
its advantages and disadvantages.
• The different media types that are used for communicating advertisement message include
audio-visual media (television, radio), print media (magazines and newspapers), internet
media (social media, websites, e-mails), telephone, etc.
• In today’s world social media and websites play an important role to communicate
promotion messages.
• In television ads, we can communicate our product’s attributes and the benefits
dramatically.
• Print media like magazines and newspapers are also effective for the brand but the
pictures, headlines, and content must be engaging.
• In radio ads the voice of the narrator, music etc. play an important role.
12. Media selection involves four major steps which are:
1. Deciding on reach, frequency, and impact;
2. Choosing among major media types;
3. Selecting specific media vehicles; and
4. Deciding on media timing.
Deciding on reach, frequency, and impact
For media selection, the advertiser must decide on the reach and frequency needed to accomplish advertising
objectives.
Reach is a measure of the percentage of people in the target market exposed to the ad campaign during a
given span of time.
Frequency is the number of times a person in the targeted audience receives the advertisement.
Impact implies if the advertisement in a particular medium would generate involvement, interest, belief in the
brand etc. in the targeted audience.
13. Choosing among major media types
• The advertiser requires assessment of the advantages and disadvantages of each probable media type that
can be used to transmit the message. Which medium will have the highest reach based on the kind of
targeted audience, needs to be seen.
14. Selecting specific media vehicles
At this stage, selecting the precise platform on which the advertising message would be communicated. For
example, if the chosen media type is Social media vehicle could be Facebook or Twitter or YouTube.
The choice again depends on the target market reach of the vehicle, which in turn depends upon where our
target customers spend more time.
Thorough analyses of the quality and quantity of viewership/readership of the possible vehicles are done and
the cost of reaching out a thousand likely consumers is worked out. The vehicle that offers lower cost per
thousand persons is preferred.
Deciding on Media timing/ Media scheduling
The advertiser must also make decisions on scheduling the advertising over a specific time period generally one
year. The seller can make variations in his advertising.
Advertising can be done to follow :
- seasonal pattern
- oppose the seasonal pattern
- same coverage all over year
Choose the pattern of the ads:
Continuity- means scheduling ads evenly throughout a given period.
Pulsing- means scheduling ads unevenly over a given period
15. 5. Advertising Evaluation (Measurement)
• Measuring advertising effectiveness and the return on advertising investment has become a
hot issue for most companies. Return on advertising investment is the net return on
advertising investment divided by the costs of the advertising investment.
• To ensure the maximum effectiveness of advertising, the advertiser should regularly
evaluate both the communication effects and sales.
Advertising Program Evaluation
Communication Effects
Is the Ad communicating
Well?
Sales Effects
Is the Ad Increasing Sales
16. Measuring the Communication Effect
• The communication effect of an ad is measured through copy testing, which tells whether
the ad communicates well. Copy testing can be conducted either before or after an ad is
released. Pre- and post-evaluations of communication effects can be made for entire
advertising campaigns as well.
Measures the Sales Effect
• In reality, measuring the sales effect of advertising is harder than doing the same for
communication. Advertising is not the only factor that affects sales. Product features,
price, and availability are other factors that have a significant influence on sales.
• One method of measuring the sales effect of advertising is to compare past sales with past
advertising expenditures. This can be done by correlation analysis. Another method is
through experiments.