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Advertising
Advertising, one of the tools of the IMC, it helps to communicate the brands
value proposition to target Customers. It must blend with other IMC elements.
Message Strategy:
The first step in creating effective advertising messages is to plan a message
strategyto decide what general message will be communicated to
consumers.
Ideally the message should identify customer benefits that can be used
as advertising apple.
Messages may have (i) Rational Appeals; (ii) Emotional Appeals and
(iii) Moral Appeals
The message should be such that it can (i) get Attention (ii) hold
Interest (iii) arouse Desires and(iv) obtain Action. (A framework known
as the AIDA model).
Message Execution:
The advertiser has to translate or convert the big idea into an actual ad
execution that will capture the target markets attention and interest. Popular
execution styles used by marketers include the following:
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reach, frequency, and impact; (2) choosing among major media types; (3)
selecting specific media vehicles; and (4) deciding on media timing. Before
discussing each of these steps, it is important to know the advantages and
disadvantages of each of the seven media listed above which are described
below. Characteristics of various media Television including networks
(ABC, Seven, Nine, Ten and SBS), independent stations, cable channels and
direct broadcast satellite television can be useful for reaching specific
markets. Television reaches a huge market, but both the advertising time and
production costs are very expensive. Thirty seconds of advertising time
during the final episode of the Australian version of Big Brother cost about
A$49 000. Thirty seconds of regular primetime midweek advertising time on
Network Ten costs between A$17 000 and A$25 000.
The infomercial is a thirtyminute or longer advertisement. They are popular
because of the cheap air time and the relatively small production costs.
The Internet and the World Wide Web has established itself as a solid
advertising medium. Popular Internet sites and search engines generally sell
advertising space, called banners. Banner ads are judged to be as or more
effective for boosting brand and advertising awareness. The challenges posed
by online media include more consumer control and measuring effectiveness.
Newspaper advertising has the advantage of geographic flexibility and
timeliness. Newspapers reach a very broad mass market. Cooperative
advertising is an arrangement in which the manufacturer and retailer split the
costs of advertising the manufacturers brand. Yamaha will pay for 50 per
cent of its dealers costs (up to a set annual limit) to advertise in local print
and broadcast media. Newspaper ads have a very short life.
Magazines are often targeted to a very narrow market. Although they may
offer a very high cost per contact, the cost per potential customer may be
much lower. One fullpage colour ad in Newsweek costs US$100 000.
Radio can be directed to very specific audiences, has a large outofhome
audience, has low unit and production costs, is timely and can have
geographic flexibility.
Outdoor advertising is a flexible, lowcost medium that may take a variety
of forms, such as billboards, skywriting, ads in and on modes of
transportation and so on. It reaches a broad and diverse market.
Alternative media: Marketers can also use alternative media such as
facsimile (fax) machines, video shopping carts, electronic placebased
media, interactive computer advertising and cinema and video advertising to
reach their target market.
Deciding on Reach, Frequency, and Impact
To decide the particular media to use for the advertisement message, the
media planner has to know the reach, frequency, and impact of each of the
major media types.
Reach is a measure of the percentage of people in the target market who are
exposed
Evaluation of advertising effectiveness
Sales promotion
Sales promotion refers to various shortterm incentives offered to consumers
or channel members to induce the purchase of a particular good or service. It
is the act of influencing customer/consumer perception and behaviour to
build marketing share and reinforce brand and the companys image.
Reasons: high demand for profits and sales.
Purpose: attract new users, build brand-loyalty and increase purchase
frequency.
Each of these tools is designed to add perceived value and encourage the
purchase of a product.
Trade promotions
Personal selling
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problems; develop solutions, and sales opportunities that no individual
salesperson could. Such teams might include experts from any area or level
of the selling firmsales, marketing, technical and support services, R&D,
engineering, operations, finance, and others.
Coordinating Marketing and Sales
To help bring its marketing and sales functions closer together a company can
take a number of actions. For example, it can increase communications
between the buyer and the seller by arranging joint meetings and by spelling
out when and with whom each party should communicate. The company can
create joint assignments and/or joint objectives and reward systems for sales
and marketing. Also, it can appoint marketingsales liaisonspeople from
marketing who live with the salesforce and help to coordinate marketing
and salesforce programs and efforts. Finally, it can appoint a chief revenue
officer (or chief customer officer) a highlevel marketing executive who
oversees both marketing and sales.
Managing the salesforce
Salesforce must be properly managed involving analysis, planning,
implementation and control of salesforce activities. Salesforce management
includes designing salesforce strategy and structure, recruiting; selecting,
training, compensating, supervising them and finally evaluating their
performance. The major salesforce management decisions are briefly
discussed below.
The personal selling process
Many companies, particularly those in the B2B marketing context, take a
customeroriented approach to personal selling. Salespeople try to identify
what the customer is looking for and then find the solution for that. In such a
way, companies may attract customers to buy the product and build long
term relationships with them.
Steps in the selling process
The selling process, i.e., the steps that a salesperson follows when selling,
consists of seven distinct steps. These are (i) prospecting and qualifying, (ii)
preapproach, approach, (iii) presentation and demonstration, (iv) handling
Customer database
A customer database is an organised collection of comprehensive data
about individual customers or prospects, including geographic, demographic,
psychographic, and behavioural data.
A consumer database might contain consumers demographics (age,
income, family members, birthdays), psychographics (activities, interests,
and opinions), and buying behaviour (buying preferences and the recency,
frequency, and monetary valueRFMof past purchases).
A business marketing database will contain B2B customer profile in
Creating a Website: For most companies, the first step in conducting online
marketing is to create a website. They can have the most basic corporate (or
Brand) which are designed to build customer goodwill, collect customer
feedback, and supplement other sales channels, rather than to sell the
companys products directly. Alternatively, they can develop a marketing
Website that engages consumers in an interaction that will move them closer
to a direct purchase or other marketing outcome.
Designing Effective Websites
Designing a website that is attractive on first view and interesting enough to
encourage repeat visits is a challenging task. Online marketers should pay
close attention to the seven Cs of effective website design:
1. Context: the sites layout and design
2. Content: the text, pictures, sound, and video that the website contains
3. Community: the ways that the site enables usertouser communication
4. Customisation: the sites ability to tailor itself to different users or to
allow users to personalise the site
5. Communication: the ways the site enables sitetouser, usertosite, or
twoway communication
6. Connection: the degree that the site is linked to other sites
7. Commerce: the sites capabilities to enable commercial transactions
To keep customers coming back to the site, companies need to embrace yet
another C constant change.