Title: Report on Advertising and Promotion
1Advertising and Promotion
2 Primary below the line techniques of
advertisement and its uses in the integrated
promotional strategy of business
- In order to generate quick response from the
service users, below the line techniques can be
used by the Westfield in its advertisement
practices. Main aim of this approach is to reach
the customers directly by providing them special
offers, discounts, coupons and other types of
incentives. It also includes the following
techniques which are as follows - Direct mail
- Door to door marketing
- Exterior location marketing
3 Other techniques used in below the line
promotion
- Other techniques can be used the management of
Westfield in their advertisement campaign are as
follows - Personal selling
- Coupon
- Sponsorship
- Promotional pricing
4Impact of 'M' marketing on below the line
promotion
- 'M' marketing is alos termed as mobile marketing
which includes the use of smartphone applications
for the purpose of advertisemnt and promotion.In
mobile marketing, less time and fewer cost needed
to aware existimg customers about product and
service and attracting new customers. That's why
the use of below the line promotion methods have
been reducting with its effectiveness.
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6 Development of promoltional plan with
including situational analysis, three objectives
and review of target audience
- Situation analysis is focused on identifying the
internal and external factors of business
environment by adopting the different types of
methods such as SWOT analysis, PESTLE analysis,
porter five forces analysis and 5 cs analysis.
With the help of these methods, Westfield can
gain knowledge about the competitive rivalry in
the market along with getting the information
regarding current trends, issues and requirement
of customers existing in market.
7Continued...
- Proper identification of strengths and weaknesses
is very helpful for business entity to set its
goals and objectives in an effective manner. In
case of Westfield, there are following objectives
of company for which promotional plan has been
made- - To enhance its sales of business by 20 at the
end of 2015. - To communicate with its existing customers in
proper manner by adopting strategies of below the
line promotion and 'M' marketing. - To develop better relationship with customers and
general public through providing the accurate
information.
8Continued...
- In the shopping center of Westfield, there are a
huge number of businesses has been working.
Therefore, it is necessary to target all aged of
male and female customers. Due to this, mobile
marketing is the best option for the
communication because it is used by most of all
people. In addition to this, direct mail method
is also an effective solution by which company
can provide the whole information to customers in
the brief.
9 Integration of promotional techniques into
the promotional strategy
- In order to gain the attention of customers,
Westfield needs to integrate the promotional
techniques in its promotional strategies. - Different promotional techniques are used by the
organization to sell their products and services
which becomes more effective when it is
integrated with promotional plan and strategy.
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11Continued...
- In order to fulfill its goals and objectives of
promotional plan, management of company needs to
involve itself with general community by
understanding their needs and expectation through
effective communication. - Along with this, they needs to arrange conference
and seminars programs for giving presentation to
people about their services and activities.
12 Appropraite process for formulating budget in
integrated promotional strategy
- Preparing budget for the integrated promotional
strategy is very important for Westfield to
conduct their advertisement practices in more
effective manner. Budget includes a financial
plan which helps business entity to complete its
project or activity in the available financial
resources. Availability of promotional budget is
beneficial for management to carry out their
promotional activities in a proper way. - At the time of making their promotional budget,
it is required for Westfield to follow a certain
process. The steps included in this process are
as follows - Clear understanding regarding objective.
13Continued...
- Collecting the data and information (financial,
human and technical). - Determining the availability of future
challenges. - Implementing the budget
- Evaluating and controlling of budget.
14Effective techniques for analyzing the
effectiveness of campaign
- Campaign is the most essential portion of
promotional strategy which has the aim of
boosting the sales of business by attracting more
customers. Campaign must be creative, effective
and innovative in order to enhance the chances of
success in this competitive world. Following ways
to maintain the success of campaign for the long
duration are which are as follows - Comparing the previous year sales with the
present sales. - Evaluation the number of individuals which are
shown the advertisement of company in regular and
alternative basis. -
15Continued...
- Conducting survey of people visiting the
campaign. - Counting of coupons which have been distributed
and collected. - Reviewing the responses of customers about the
campaign. - Analyzing the feedback.
16References
- Fortin, D. R. and Dholakia, R. R., 2005.
Interactivity and vividness effects on social
presence and involvement with a web-based
advertisement. Journal of business research. - Hackley, C., 2005. Advertising and promotion
communicating brands. Sage. - Hackley, C., 2010. Advertising and promotion an
integrated marketing communications approach.
Sage. - Steenkamp, J. B. E. and et. al., 2005.
Competitive reactions to advertising and
promotion attacks. Marketing science.
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