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11/8/2011 1 Principles of Marketing Chapter 18 Institutional Institutional Advocacy Advocacy Product Product Pioneer Pioneer Competitive Competitive Comparative Comparative Reminder Reminder Reinforcement Reinforcement Identify and analyze the Target Audience Identify and analyze the Target Audience Who are you trying to reach Who are you trying to reach Define advertising objectives Define advertising objectives Precise, clear, and measurable Precise, clear, and measurable Create advertising platform Create advertising platform Basis for the campaign Basis for the campaign Determine advertising appropriation Determine advertising appropriation How much money for how long How much money for how long Develop media plan Develop media plan What vehicles will be used What vehicles will be used Create advertising message Create advertising message Consider various factors to design a message that brings action Consider various factors to design a message that brings action Execute campaign Execute campaign Implementation Implementation Evaluate advertising effectiveness Evaluate advertising effectiveness Measure how campaign affected sales Measure how campaign affected sales Objective and task approach Objective and task approach Setting a budget based on the campaign goal Setting a budget based on the campaign goal Market share gain Market share gain Awareness Awareness Number of units to sell Number of units to sell Percent Percent-of of-sales approach sales approach Look at past sales, utilize a percentage of that information Look at past sales, utilize a percentage of that information Competition matching approach Competition matching approach What are the competitors spending? What are the competitors spending? Arbitrary approach Arbitrary approach Management determines how much to spend and for how long Management determines how much to spend and for how long Individuals, teams, international advertising departments, advertizing agencies Individuals, teams, international advertising departments, advertizing agencies Carmichael Lynch Minneapolis, MN. Cost per thousand impressions Google AdSense Spinifex
Transcript
Page 1: Chapter 18schragec/Chapter 18.pdf · Chart: Brand Impact, Top 10 Super Bowl Ads Published on June 14, 2011 100 equals average All Super Bowl ads Recall ooff Super Bowl airing over

11/8/2011

1

Principles of Marketing

Chapter 18

InstitutionalInstitutional

AdvocacyAdvocacy

ProductProduct

PioneerPioneer

CompetitiveCompetitive

ComparativeComparative

ReminderReminder

ReinforcementReinforcement

Identify and analyze the Target AudienceIdentify and analyze the Target Audience•• Who are you trying to reachWho are you trying to reach

Define advertising objectivesDefine advertising objectives•• Precise, clear, and measurablePrecise, clear, and measurable

Create advertising platformCreate advertising platform•• Basis for the campaignBasis for the campaign

Determine advertising appropriationDetermine advertising appropriation•• How much money for how longHow much money for how long

Develop media planDevelop media plan•• What vehicles will be usedWhat vehicles will be used

Create advertising messageCreate advertising message•• Consider various factors to design a message that brings actionConsider various factors to design a message that brings action

Execute campaignExecute campaign•• ImplementationImplementation

Evaluate advertising effectivenessEvaluate advertising effectiveness•• Measure how campaign affected salesMeasure how campaign affected sales

•• Objective and task approachObjective and task approach

•• Setting a budget based on the campaign goalSetting a budget based on the campaign goal

•• Market share gainMarket share gain

•• AwarenessAwareness

•• Number of units to sellNumber of units to sell

•• PercentPercent--ofof--sales approachsales approach

•• Look at past sales, utilize a percentage of that informationLook at past sales, utilize a percentage of that information

•• Competition matching approachCompetition matching approach

•• What are the competitors spending?What are the competitors spending?

•• Arbitrary approachArbitrary approach

•• Management determines how much to spend and for how longManagement determines how much to spend and for how long

Individuals, teams, international advertising departments, advertizing agenciesIndividuals, teams, international advertising departments, advertizing agencies

Carmichael Lynch

Minneapolis, MN.

• Cost per thousand impressions

• Google AdSense

Spinifex

Page 2: Chapter 18schragec/Chapter 18.pdf · Chart: Brand Impact, Top 10 Super Bowl Ads Published on June 14, 2011 100 equals average All Super Bowl ads Recall ooff Super Bowl airing over

11/8/2011

2

•• PosttestPosttest

•• Effectiveness after campaignEffectiveness after campaign-- bring in more sales?bring in more sales?

•• Recognition Recognition testtest

•• Show actual adShow actual ad-- is it recognizedis it recognized

•• Unaided Unaided recall recall testtest

•• What ads are remembered after reading paper, watching television What ads are remembered after reading paper, watching television

showsshows

•• Aided recall testAided recall test

•• Clues are provided to see if respondents remember adsClues are provided to see if respondents remember ads

Chart: Brand Impact, Top 10 Super Bowl Ads

Published on June 14, 2011

100 equals averageAll Super All Super

Bowl adsBowl ads

Recall Recall

of of

Super Super

Bowl Bowl

airing airing

over all over all

other other

airingsairings

•• Efforts to create favorable imageEfforts to create favorable image

•• Often used by nonOften used by non--profitsprofits

•• Get others to tell story:Get others to tell story:

•• Like on Like on FacebookFacebook

•• Make positive reviewsMake positive reviews

•• TweetTweet

•• Send in stories to media about good things happeningSend in stories to media about good things happening

Skogrand PR Solutions, LLC

There are five important tactics that your organization There are five important tactics that your organization

can use to generate the desired media coverage, can use to generate the desired media coverage,

whether you have a dedicated PR person or not:whether you have a dedicated PR person or not:

Framing the story and writing a news releaseFraming the story and writing a news release

Targeting and connecting with the appropriate mediaTargeting and connecting with the appropriate media

Distributing your newsDistributing your news

Developing experts and promoting them as a reliable Developing experts and promoting them as a reliable

sourcesource

Monitoring and measuring the effectiveness of your Monitoring and measuring the effectiveness of your

effortsefforts

• Conferences

• New release

• Feature article

• Captioned photograph

• Press conference

Poor image

Neutral image

Positive image

Page 3: Chapter 18schragec/Chapter 18.pdf · Chart: Brand Impact, Top 10 Super Bowl Ads Published on June 14, 2011 100 equals average All Super Bowl ads Recall ooff Super Bowl airing over

11/8/2011

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