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advertising
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INTRODUCTION
Although advertising is an accepted part of every day life, there is still great debate as to how advertising works & the role it can & should perform with in the marketing communication mix.
This module enables the applicants to review this debate & apply the theories to the advertising in our media today.
They will learn how to put together an advertising plan & will examine the ingredients of an effective advertisement& ways in
which this effectiveness can be measured.
ADVERTISING
According to “ Philip Kotler” & American Marketing Association,
“The advertising is any paid form of non personal presentation of
- Ideas
- Goods
- Services by an identified sponsor that is called Advertising.”
ROLE OF ADVERTISING
Simply put : Advertising exists to help to sell things.
It is mainly about brands.
It is mainly designed to create & strengthen consumer impressions of the brand.
Exception is Public Service Advertising.
CON……………
MARKETING
COMMUNICATION
ECONOMIC
SOCIETAL
The process of Business uses to satisfy consumer needs by providing goods & services.
. Product category
. Target market
. Marketing mix
. Brand
CONT………………….
MARKETING
COMMUNICATION
ECONOMIC
SOCIETAL
Can reach a Mass Audience
Introduces Product
Explains Important changes
Reminds & Reinforces
Persuades
CONT…………
MARKETING
COMMUNICATION
ECONOMIC
SOCIETAL
Moves from being informational to creating demand.
Advertising is an objective means for providing price value information there by creating a more rational economy.
CONT…………………
MARKETING
COMMUNICATION
ECONOMIC
SOCIETAL
Informs consumers about innovations & issues.
Mirrors Fashion & Design trends.
Teaches consumers about new products.
Helps shape consumer self-image.
Perpetuates Self-Expression.
TYPES OF ADVERTISEMENT
We come across several Advertising messages in different media. All of them are not similar. The Advertisements differ with respect of their targeting ,the media used & aims before the advertiser.
The Advertisements are thus classified on the basis of their targeting , geographic selectivity , media selectivity & advertising objectives.
CLASSIFICATION OF ADVERTISEMENTADVERTISING
For whom(target audience)
Geographic Coverage
Media used Aims
Consumer advertising
Industrial advertising
National Regional Local International
Print : Newspapers, Magazines
Electronic : Radio, TV
Direct MailOutdoors Miscellaneous
Financial Ads Primary DemandSecondary Demand Product or ServiceSocial Messages Direct ActionIndirect Action
TARGET AUDIENCE
Consumer Advertising : Directed to users of consumer pdts both durables & non-durables.
Eg:- advt of Jeans to teenagers or advt of lipsticks directed to women.
Industrial Advertising : Directed to institutions & other business organizations & for capital goods. Necessary to conduct the Business.
Eg :- type writers sold to an office.
Trade Advertising : Directed to our distributers , retailers , & wholesalers.
Eg :- pharma company advertisers in a chemist’s magazine.
Professional Advertising : Directed to other professionals like CAs, Doctors , Engineers , Architects , solicitors , etc.
Intend to persuade them to buy a pdt useful in their professional practice.
GEOGRAPHIC COVERAGE
Firms do business on a global basis to prepare international advts , eg :- Coke & Pepsi
All- India business do National Advertising thorough mass media like Times Of India, Vernacular press & magazines ,TV .
Regional Advertising : Restricted to a region.
State level print media & Regional channels of TV used.
Local Advertising : Retailers do it.
Uses tabloids having local circulation
MEDIA USED
Print Advertising :- Called when put in press & magazines.
Electronic Advertising :- Called when put on Air either through Radio or TV – both satellite & terrestrial.
Outdoor Advertising :- Hoardings & Posters.
Transit Advertising :- Advts on Buses & Trains.
AIMS
Product Advertising :- Aims to Stimulate the sale of Pdts .
Includes services such as Banking, Transportation & Tele communication.
Non- Product Advertising :- Aims to create a favorable image of the Organization.
Selective Demand Advertising :- Promote individual brands within primary demand for a product category.
Direct-Action Advertising :- Advertisers can insert a coupon or make a time bound offer to create it.
Indirect –Action Advertising :- Works indirectly by making the prospects favorably inclined to pdts.
ADVERTISING IN MARKETING MIX
Marketing Mix :- Arange of tools &techniques allowsbusinesses to providecustomers with whatthey want & acts as aconduit for consumerdemand to reachbusiness thus, turningthis demand in toprofitable sales.
Tools :- . Product formulation &
variation
. Packaging
. Sales Literature
.Sales Force
.Pricing
. Sales Promotion
.Direct Mail
. Advertising
. Market Research
. Branding
Product
Brand
Packaging
Innovations
Life cycle
Brand : Products converted in to a brand with name or symbol to distinguish competition.
Packaging : Helps in creating a Brand identity’ preserving & protecting.
Innovations : To service in a competitive market
Price
Pricing Strategy
Price and Quality
Price Alternatives
Discounts
Pricing Strategy : skimming or penetrative
Skimming : charge high price initially to cover cost of distribution & cost of promotion.
Penetration : charge a lower price initially to penetrate market deeply.
Price & Quality : Inter-related.
Place (Distribution)
Channels of distribution
Physical Distribution
Wholesalers , Retailers
- Involves Transportation , Warehousing & Inventory management.
Promotion
Advertising
Personal Selling
Public Relations
Sales Promotion
- Technique of communication used along PS, DM & SP.
- Face to Face communication –Salesman tries to persuade a prospect to buy a product.
- Relationship b/w Org & its public like Employees , Shareholders , Customers , Distributions , Media & Community.
- Offered to customers like free gifts & price offs to move the pdts rapidly.