+ All Categories
Home > Marketing > Postion Promotional Products As a Preferred Advertising Medium

Postion Promotional Products As a Preferred Advertising Medium

Date post: 31-Oct-2014
Category:
Upload: paul-kiewiet
View: 276 times
Download: 0 times
Share this document with a friend
Description:
How to Sell Promotional Products As An Advertising Medium explains the strengths of the medium compared to other measured medium. The medium is measured in terms of frequency, reach, target ability and cost per impression.
Popular Tags:
48
Posi%on Promo%onal Products As a Preferred Adver%sing Medium Paul A. Kiewiet MAS CIP CPC [email protected]
Transcript
Page 1: Postion Promotional Products As a Preferred Advertising Medium

Posi%on  Promo%onal  Products  As  a  Preferred  Adver%sing  Medium  

Paul  A.  Kiewiet  MAS  CIP  CPC  [email protected]  

Page 2: Postion Promotional Products As a Preferred Advertising Medium

Are  Promo%onal  Products  an  Adver%sing  Medium?    

Adver%sing  is  a  form  of  communica%on  intended  to  persuade  an  audience  (viewers,  readers  or  listeners)  to  

purchase  or  take  some  ac%on  

Page 3: Postion Promotional Products As a Preferred Advertising Medium

Learning  Objec%ves  •    The  four  criteria  that  define  effec%ve  

adver%sing.  •    The  three  factors  that  increase  

adver%sing  reten%on  and  memorability.  

•    The  ques%ons  you  need  to  ask  your  customers  before  recommending  a  product.  

•  Who  is  your  compe%%on?  •  How  to  choose  the  right  promo%onal  

products  for  the  adver%sing  campaign.  

Page 4: Postion Promotional Products As a Preferred Advertising Medium
Page 5: Postion Promotional Products As a Preferred Advertising Medium
Page 6: Postion Promotional Products As a Preferred Advertising Medium

Adver%sing  effec%ve  is  based  on  four  criteria  

•  adver&sing  frequency:  The  number  of  &mes  an  average  person  in  an  adver&ser’s  target  audience  is  exposed  to  an  ad  over  the  period  of  an  adver&ser’s  media  schedule.  

Page 7: Postion Promotional Products As a Preferred Advertising Medium

Promo%onal  Products  =  Low  CPI  

Page 8: Postion Promotional Products As a Preferred Advertising Medium

Effec%ve  ads  are  measured  by  Reach  

•  adver&sing  reach:          The  es&mated  total  number  

of  target  audience  individuals  or  homes  exposed  to  an  ad  at  least  once  over  the  period  of  an  adver&ser’s  media  schedule.  

Page 9: Postion Promotional Products As a Preferred Advertising Medium

The  third  criteria  is  Targeted  

•  Targeted  adver%sing  is  the  ability  of  the  medium  to  reach  a  specific  audience  defined  by  demographics,  psychographics,  and  behavioral  variables.  

Page 10: Postion Promotional Products As a Preferred Advertising Medium

Targeted:    Carry  a  message  to  a    well-­‐defined  audience.  

Seniors Kids And everyone in between

Page 11: Postion Promotional Products As a Preferred Advertising Medium

4.  Cost  Per  Impression  

•  Cost  per  impression      ($)  =  Adver%sing  cost  ($)  ÷  Number  of  Impressions  (#)  

Page 12: Postion Promotional Products As a Preferred Advertising Medium

Cost  Per  Impression  (CPI  or  CPM)  

Page 13: Postion Promotional Products As a Preferred Advertising Medium

The  3  R’s  of  Reten%on  of  Adver%sing  Messages  

! Relevance:    The  message  must  relate  to  the  lifestyle,  needs,  values  or  aspira%ons  of  the  target  audience.  

! Repe&&on:    The  audience  must  be  exposed  to  the  message  mul%ple  %mes  for  the  recipient  to  retain  it.  

! Reward:    The  message  must  promise  to  create  pleasure  or  reduce  pain,  save  money  or  increase  income  or  in  some  way  reward  the  recipient.  

Page 14: Postion Promotional Products As a Preferred Advertising Medium

Recognizing  Individual  Passions  

•  Relevance  •  Repe%%on  •  Reward  

Page 15: Postion Promotional Products As a Preferred Advertising Medium

Sell  Like  an  Adver%sing  Pro  •  You’re  not  selling  a  product.  

•  You’re  selling  a  solu%on.  

•  You’re  selling  them  their  own  image  and  branding.  

Page 16: Postion Promotional Products As a Preferred Advertising Medium

If  you  want  be_er  answers,  ask  be_er  ques%ons.  

•  What  are  your  objec%ves?  

•  Who  do  you  want  to  reach?  

•  How  do  you  want  to  make  them  feel?  

Page 17: Postion Promotional Products As a Preferred Advertising Medium

To  find  out  what  your  customer  needs,  ask  the  right  ques%ons.  

•  What  was  your  most  successful  adver%sing  and  marke%ng  campaign?  

•  What  was  your  worst?  

Page 18: Postion Promotional Products As a Preferred Advertising Medium

Find  the  Pain.  Be  the  Aspirin.  

•  What’s  the  biggest  barrier  to  achieving  your  goals?  

•  What  keeps  you  up  at  night?  

•  What’s  your  biggest  struggle  with  your  top  accounts?  

Page 19: Postion Promotional Products As a Preferred Advertising Medium

And  3  Not  To  Ask.  Yet.  

•  How  many  do  you  need?  

•  When  do  you  need  them?  

•  How  much  are  you  willing  to  spend?  

Page 20: Postion Promotional Products As a Preferred Advertising Medium

Media Method 2010 2011 % Direct Mail 47.8 50.1 4.8% Television 45.2 45.1 -.02% Internet 26.0 31.7 21.8% Point of Purchase 23.0 24.2 4.8% Cable TV 21.3 22.9 7.8% Newspaper 22.6 20.7 -9.2% Consumer Magazines 20.1 20.1 0.0% Event Marketing 17.2 18.1 5.5% Promotional Products 16.6 17.7 7.2% Radio 17.3 17.4 1.0% Business Magazines 7.4 7.7 3.8% Billboards 6.1 6.4 4.9% Product Placement 3.8 4.0 5.2% Mobile Phone Advertising .06 1.6 148% Totals 274 288 5%

Your  Media  Compe%%on    and  Sales  Comparisons  

Page 21: Postion Promotional Products As a Preferred Advertising Medium

Forms  of  Adver%sing  -­‐  Newspaper  

•  Time  Focus  –  great  for  sales  

•  Geographic  target  •  Older  Audience  •  Short  ad  life  

Page 22: Postion Promotional Products As a Preferred Advertising Medium

Forms  of  Adver%sing  -­‐  Magazine  

•  Four  color  •  Targeted  •  Can  communicate  details  

•  Frequency  •  Pass  along  

Page 23: Postion Promotional Products As a Preferred Advertising Medium

Forms  of  Adver%sing  -­‐  Radio  

•  :10,  :15,  :30  and  :60  seconds  

•  Fragmented  

•  Drivers,  Office  Workers  •  Satellite  Radio  •  Affilia%on  with    –  genre,    –  host,    –  community  

Page 24: Postion Promotional Products As a Preferred Advertising Medium

Forms  of  Adver%sing  -­‐  TV  •  :30,  :60  second  ads  •  Infomercials  •  Mass  –  SuperBowl  •  Niche  –  Food  Network  •  Fragmented  •  Upwards  of  85  channels  

•  DVRs,  OnDemand,  PPV  

Page 25: Postion Promotional Products As a Preferred Advertising Medium

Cable  TV  

•  Local  adver%sing  on  diverse  offerings  of  programming.  

•  Low  cost  for  ads  •  Low  produc%on  costs  •  Targeted  

Page 26: Postion Promotional Products As a Preferred Advertising Medium

Forms  of  Adver%sing  -­‐  Outdoor  

•  Loca%on,  Loca%on,  Loca%on  

•  Short  a_en%on  •  Direc%onal  for  a_rac%ons  

•  Commuters,  travelers,  locals  

Page 27: Postion Promotional Products As a Preferred Advertising Medium

Forms  of  Adver%sing  -­‐  Mobile  •  Loca%on  based  •  Younger  audience  

•  The  USA  is  about  10  yrs  behind  Japan  and  5  yrs  behind  Europe  

•  Opt-­‐in  only  •  Very  personal  

Page 28: Postion Promotional Products As a Preferred Advertising Medium

Forms  of  Adver%sing  -­‐  Internet  

•  Banner  Ads  •  Pay  Per  Click  •  Contextual  •  Affiliate    •  Email  •  Behavioral  •  Websites  •  Videos  

Page 29: Postion Promotional Products As a Preferred Advertising Medium

Coordina%ng  Promo%onal  Products  with  Other  Media:    Online  

•  Offer  promo%onal  products  as  a  gin  for    

–  Op%ng  in  for  newsle_er  –  Taking  a  survey  –  Visi%ng  a  website  –  Online  sweepstakes  –  Deliver  online  promo  codes  

Page 30: Postion Promotional Products As a Preferred Advertising Medium

Coordina%ng  Promo%onal  Products  with  Mobile  Media  

•  Gin  for  op%ng-­‐in  •  As  a  delivery  device  for  

mobile  codes  

•  As  an  incen%ve  for  responding  to  a  mobile  ad.    (Next  50  visitors  get  a  tee-­‐shirt).  

Page 31: Postion Promotional Products As a Preferred Advertising Medium

Coordina%ng  Promo%onal  Products  with  Print  Adver%sing  

•  Make  ads  measurable  

•  Gin  with  new  subscrip%ons  •  Match  code  or  symbol  

•  Ad  Spo_er  Promo%ons  •  Con%nuity  of  message  from  

ad  to  event  

Page 32: Postion Promotional Products As a Preferred Advertising Medium

Coordina%ng  Promo%onal  Products  with  Radio  Adver%sing  

•  Create  a  measureable  promo%on  

•  Extend  on-­‐air  personality  •  Develop  sense  of  community  

•  Create  involvement  events  –  ie  boss  of  the  week.  

•  Recreate  sound  branding.  •  Get  outside  of  the  studio  

Page 33: Postion Promotional Products As a Preferred Advertising Medium

Coordina%ng  Promo%onal  Products  with  Outdoor  Adver%sing  

•  Extend  an  image  

•  Add  ROI  measureability  •  Incen%ve  for  direc%onal  ad  

(men%on  this  ad  and  receive  a  free  travel  mug  with  your  beverage)  

•  Auto-­‐related  promo%onal  products.  

Page 34: Postion Promotional Products As a Preferred Advertising Medium

Coordina%ng  Promo%onal  Products  with  Television  Adver%sing  

! Make  it  measureable  

! Dimensional  characters,  spokesmen,  symbols  –  plush,  miniatures.  

! Add  missing  senses  cues  –  taste,  touch,  smell  

! Extend  visual  and  audio  messages.  

Page 35: Postion Promotional Products As a Preferred Advertising Medium

Finding  Extra  Budget  Money  

Page 36: Postion Promotional Products As a Preferred Advertising Medium

Co-­‐op  Adver%sing  

•  Co-­‐op  is  a  cost-­‐sharing  arrangement  in  which  manufacturers  and  suppliers  provide  financial  assistance  for  customers'  adver%sing  programs.  

•   Co-­‐op  adver%sing  works  in  a  number  of  ways.  For  example,  a  retailer  can  buy  goods  from  a  manufacturer  and  accrue  co-­‐op  funds  based  on  the  amount  of  purchase.  Those  funds  can  be  returned  in  the  form  of  a  cash  rebate,  a  credit  to  the  retailer's  account,  or  in  products.  

Page 37: Postion Promotional Products As a Preferred Advertising Medium

Strengths  of  Promo%onal  Products  •  Name  a  medium  that  moves  people  to  say  “Thank  You”  

•  Other  media  “interrupt”  Ours  “engages”  

•  Our  media  is  the  beginning  of  a  rela%onship!  

Page 38: Postion Promotional Products As a Preferred Advertising Medium

Engaging  the  Senses  Of all the advertising and promotional media, only Promotional Products touch all five senses:

Sight

Sound

Taste

Touch

Smell

Page 39: Postion Promotional Products As a Preferred Advertising Medium

The  Medium  of  Engagement  

•  An  industry  born  to  touch  people.  – A  printer  – A  slow  week  – A  clumsy  kid  – A  bright  idea  

Page 40: Postion Promotional Products As a Preferred Advertising Medium

Tangible  and  Long  Las%ng  

! Your  calendar  ! Watch  ! Your  favorite  tee  shirt  ! Your  favorite  cap  ! Coffee  Mug  

! Pen  ! Journal  ! Golf  Ball  (well,  maybe  not  

quite  as  long-­‐las%ng)  

Page 41: Postion Promotional Products As a Preferred Advertising Medium

Easily  Distributed  

! Direct  Mail  

! In-­‐store  ! Trade  Show  ! Person  to  Person  ! Display  ! Experien%al  ! Event  Marke%ng  

Page 42: Postion Promotional Products As a Preferred Advertising Medium

Complements  Other  Adver%sing  Media  

•  Bring  other  media  to  life.  

•  Extend  memories  of  posi%ve  encounters  with  a  brand.  

Page 43: Postion Promotional Products As a Preferred Advertising Medium

Crea%ve  

Page 44: Postion Promotional Products As a Preferred Advertising Medium

It’s  not  what  a  product  does,                              it’s  what  a  product  means.  

•  Tangible,    •  memories,    •  meaning,    •  passion,    •  affilia%on  with  a  cause.  

Page 45: Postion Promotional Products As a Preferred Advertising Medium

Establish  Promo%onal  Products  as  a  Powerful  Strategic  Adver%sing  Medium  1.  Don’t  sell  junk.  Leave  money  

on  the  table.  You  can  pick  it  up  later.  

2.  Come  in  with  a  notebook  and  pen,  come  back  with  an  adver%sing  plan  to  reach  the  right  audience,  with  the  right  message,  at  the  right  %me.  

3.  Explain  why  your  solu%on  can  solve  their  problem.  

Page 46: Postion Promotional Products As a Preferred Advertising Medium

Sell  Our  Strengths  

•  Frequency  •  Targetability  •  Low  Cost  Per  Impression  

•  Sell  reach  in  terms  of  collateral  exposure.  

Page 47: Postion Promotional Products As a Preferred Advertising Medium

Become  an  Adver%sing  Professional  

•  Ask  the  right  ques%ons  

•  Search  for  solu%ons  •  Know  your  medium  

•  Prescrip%on  without  diagnosis  is  malprac%ce!  

Page 48: Postion Promotional Products As a Preferred Advertising Medium

If  you  would  like  to  discuss  further,  please  contact  me  at:  

Paul  A.  Kiewiet  MAS  CIP  CPC  

269-­‐806-­‐4489  [email protected]  

www.create2bgreat.com  Follow  me  on  Twi_er,  LinkedIn,  Facebook  

@paulkiewiet    

For  a  free  monthly  newsle_er  –  call    or  email  me.  


Recommended