Promotion or Marketing Communications Marketing communications are the
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Promotion or Marketing Communications Marketing communications are the means by which firms attempt to inform, persuade, and remind consumers, directly or indirectly, about the products and brands they sell. 15 - 0
Promotional Mix The Marketing Communications Mix § The specific mix of advertising, personal selling, sales promotion, and public relations a company uses to pursue its advertising and marketing objectives. 15 - 1
The Tools of Marketing Communications Mix Advertising Any Paid Form of Nonpersonal Presentation by an Identified Sponsor. Personal Selling Personal Presentations by a Firm’s Sales Force. Sales Promotion Short-term Incentives to Encourage Sales. Public Relations Direct Marketing Building Good Relations with Various Publics by Obtaining Favorable Unpaid Publicity. Direct Communications With Individuals to Obtain an Immediate Response. 15 - 2
Communication Platforms Advertising • Print and broadcast ads • Packaging inserts • Motion pictures • Brochures and booklets • Posters • Billboards • POP displays • Logos • Videotapes Sales Promotion • Contests, games, sweepstakes • Premiums • Sampling • Trade shows, exhibits • Coupons • Rebates • Entertainment • Continuity programs Copyright © 2009 Pearson Education, Inc. Publishing as
Communication Platforms Events/ Experiences • • Sports Entertainment Festivals Art Causes Factory tours Company museums Street activities Public Relations • • • Press kits Speeches Seminars Annual reports Charitable donations Publications Community relations Lobbying Company magazine Copyright © 2009 Pearson Education, Inc. Publishing as
Communication Platforms Personal Selling • • • Sales presentations Sales meetings Incentive programs Samples Fairs and trade shows Direct Marketing • • • Catalogs Mailings Telemarketing Electronic shopping TV shopping E-mail Voice mail Blogs Websites Copyright © 2009 Pearson Education, Inc. Publishing as
Word-of-Mouth Marketing Person-to-person Chat rooms Blogs Copyright © 2009 Pearson Education, Inc. Publishing as
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Integrated Marketing Communications The Need for Integrated Marketing Communications § Conflicting messages from different sources or promotional approaches can confuse company or brand images 15 - 8
IMC Audience Contact Tools Broadcast media (TV/radio) Print media (newspapers, magazines) Public Relations/ publicity Out-of-home media Internet/ interactive Direct marketing Target Audience Personal selling Point-of-purchase (displays, packaging) Sales Promotion Word-of-mouth © 2007 Mc. Graw-Hill Companies, Inc. , Mc. Graw-Hill/Irwin Events and sponsorship Product placements (TV and movies)
Steps in Developing Communication Program* 1. Identifying the Target Audience 2. Determining the Communication objectives/Desired Response 3. Designing a Message 4. Choosing Media 5. Deciding the Budget 6. Collecting Feedback 15 - 10
Steps in Developing Effective Communication Step 1. Identifying the Target Audience Step 2. Determining the Communication Objectives Buyer Readiness Stages Awareness Knowledge Liking Preference Conviction Purchase 15 - 11
Steps in Developing Effective Communication Step 3. Designing a Message Content Message Structure Message Format 15 - 12
Steps in Developing Effective Communication Step 4. Choosing Media Personal Communication Channels Nonpersonal Communication Channels Step 5. Deciding the budget Step 6. Collecting Feedback 15 - 13
Setting the Total Promotion Budget Affordable Method Competitive. Parity Method Percentageof-Sales Method Objectiveand-Task Method 15 - 14
Collecting the Feedback § awareness? § trial? § satisfaction?
Figure 15 -4: Push vs. Pull Promotion Strategy 15 - 16
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