Promotion strategies.ppt

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    PROMOTIONSTRATEGIES:

    ADVERTISING

    Prepared By:Pradeep Thomas (1430)

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    ROLE OF ADVERTISING

    Advertising provides vital information to

    consumers

    Different attitudes in different countries

    towards advertising

    As a country becomes more industrialized,

    level of advertising expense also increases

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    PATTERNS OF ADVERTISING

    EXPENDITURES

    Advertising expense vary widely from industry

    to industry

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    ADVERTISING AND

    REGULATIONS

    Availability of media

    Regulated by a local organisation

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    ADVERTISING MEDIA:

    Television

    Available everywhere

    Use of shorter commercials

    Purchase of TV time well in advance

    Technological changes in television

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    ADVERTISING MEDIA: Radio

    Only true national medium in many countries

    Purchase of air time in many countries radio

    Problems

    Availability of radio network

    Clutter

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    ADVERTISING MEDIA:

    Newspapers

    Most commonly accessed medium

    Subscribed in language-wise and region-wise

    Problems

    Availability of space

    Expensive to reach the entire market

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    ADVERTISING MEDIA:

    Newspapers

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    ADVERTISING MEDIA:

    Magazines

    Various segments of magazines

    Problems:

    Duplication

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    ADVERTISING MEDIA:

    Magazines

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    ADVERTISING MEDIA:

    Outdoor

    Posters, billboards, painted bulletins, roadside

    signs, etc.

    Low cost option

    New technologies such as backlighting, digital

    billboards, projections, etc.

    Illustration should be large and words should

    be minimum

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    ADVERTISING MEDIA: Screen

    Captive audience

    Problems

    Resentment

    Consumers behavior

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    ADVERTISING MEDIA:

    Directories

    Books that provide listings of people,

    information and institutions

    Online portals

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    ADVERTISING MEDIA: Rural

    Media

    Use of traditional media

    Playing of recorded music, arranging of

    festival advertising, outdoor movies, etc.

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    ADVERTISING MEDIA:

    Stadium

    More targeted at television viewers

    Use of logos or brief advertising messages

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    ADVERTISING MEDIA: Other

    Media

    Advertising Specialties

    Internet

    Use of perfect Media Mix

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    STANDARDIZED

    INTERNATIONAL MARKETING

    Standard advertising

    Three schools of thought

    Standardization

    Individualization

    Compromise

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    AND PROMOTION

    STRATEGIES One product, one message, worldwide Product extension-communication adaptation

    Product adaptation-communication extension

    Dual adaptation

    Product invention

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    STANDARDISED ADVRTISING

    Feasibility

    Common problems

    Literacy

    Local regulations

    Agency availability

    Desirability

    Common problemsCost savings

    Consumer homogeneity

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    GLOBAL Vs. LOCAL

    ADVERTISING

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    DECISION MAKING

    FRAMEWORKCriterion 1:

    Identification

    Criterion 1:Selectivity

    Criterion 1:Response

    Criterion 1:Size

    Criterion 1:Cost/Profit

    NOSTANDARDIZATION

    MARKET

    SEGMENTATION

    LOCALISATION

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    STANDARDIZED

    INTERNATIONAL MARKETING

    Global Advertising

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    ACKNOWLEDGEMENT