Why Multiple Instruments? - PowerPoint PPT Presentation

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Why Multiple Instruments?

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Watch car commercials on TV or in the Internet more attentively decision? No! Read magazine ads decision? No, but development of relevant set – PowerPoint PPT presentation

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Title: Why Multiple Instruments?


1
Why Multiple Instruments?
  • Imagine being interested in buying a new car!
  • What do you do?
  • Watch car commercials on TV or in the Internet
    more attentively decision? No!
  • Read magazine ads decision? No, but
    development of relevant set
  • Read car magazines, watch TV programs about
    cars decision? No, but increased knowledge of
    cars
  • Visit relevant car manufacturers web sites
    decision? No, but deepened knowledge of a
    selection of cars
  • Order brochure of some cars decision? No!
  • Visit specific car seller (talking to salesman,
    reading watching further material, testing car)
    - decision? Maybe.

2
  • Advertising

3
What is Advertising?
  • Paid
  • non-personal communication
  • from an identified sponsor
  • using mass and interactive media
  • to persuade or influence
  • an audience.

4
What is Advertising?
  • Key elements of advertising include the
    determination of the best message in the most
    appropriate media to reach identified target
    audiences and to achieve stated objectives.

5
What Advertising Does?
  • Informs
  • Persuades
  • Differentiates
  • Reminds
  • Adds value
  • Assists other marcom activities

6
What Advertising Does?
  • Informs

7
What Advertising Does?
  • Informs

8
What Advertising Does?
  • Informs

9
What Advertising Does?
  • Persuades

10
What Advertising Does?
  • Persuades

11
What Advertising Does?
  • Differentiates

12
What Advertising Does?
Differentiates
13
What Advertising Does?
  • Reminds

14
What Advertising Does?
  • Reminds

15
What Advertising Does?
  • Adds value

16
What Advertising Does?
  • Adds value

17
What Advertising Does?
  • Assists marcom activities

18
Advertising Advantages
  • Ability to control message
  • Cost effective way to reach a large target market
    (Cost per contact is low)
  • Ability to create images and differentiate brands
  • Can sometimes strike responsive reaction from
    customers
  • Reaches large, geographically dispersed audiences
  • Builds brand image

19
Advertising Disadvantages
  • High costs of producing and placing ads
  • Difficult to determine effectiveness
  • Credibility problems
  • Clutter
  • Not very persuasive

20
Parties Involved in Advertising
  • The Advertiser
  • The Advertising Agency
  • The Media
  • Suppliers
  • The Target Audience (Buyers/Consumers)

21
Advertiser
The manufacturer, service company, retailer, or
supplier who advertises their product or service
or cause
22
The Advertising Agency
  • Firm that handles all aspects of the advg
    process, including planning, creation  design,
    production and placement of advertising (i.e.
    full-service)

23
The Media
  • A vehicle or group of vehicles used to convey
    information, news, entertainment, and advertising
    messages to an audience.
  • These include television, newspapers, magazines,
    radio, billboards, etc.

24
Suppliers
  • Provide specialized service
  • Artists, writers, photographers, directors,
    producers, consultants.
  • May increase or decrease advertising
    effectiveness.

25
The Target Audience
  • The target audeince can be any group of people
    from the retailers, consumers, employees,
    shareholders
  • Identification of the target audience is
    essential for advertising.
  • Adv. strategy, creative strategy, media strategy
    are all determined according to the target
    audeince.
  • Research about target audience

26
Developing and Managing the Advertising Campaign
Five main decisions in developing an advertising
program (5 Ms) 1. What are advertising
objectives (mission)? 2. How much can be spent
(money)? 3. What message should be sent
(message)? 4. What media should be used
(media)? 5. How should results be measured
(measurement)?
27
Developing and Managing the Advertising Campaign
  • Objectives can be classified by aim
  • Inform
  • Persuade
  • Remind
  • Differentiate
  • Add value
  • Assist other marcom activities
  • The Five Ms of Advertising
  • Mission
  • Money
  • Message
  • Media
  • Measurement

28
Developing and Managing the Advertising Campaign
  • Objectives can be classified by aim
  • AIDA (attention, interest, desire, action)
  • Hierarchy of effects
  • The Five Ms of Advertising
  • Mission
  • Money
  • Message
  • Media
  • Measurement

29
Developing and Managing the Advertising Campaign
  • Budget of advertising
  • Production budget
  • Media budget
  • The Five Ms of Advertising
  • Mission
  • Money
  • Message
  • Media
  • Measurement

30
Developing and Managing the Advertising Campaign
  • Creating advertising message
  • Message aim
  • Message strategy (advertising appeals)
  • Creative concept (Big Idea)
  • Execution
  • Message evaluation
  • The Five Ms of Advertising
  • Mission
  • Money
  • Message
  • Media
  • Measurement

31
Advertising Appeals
  • Informational/Rational Appeals
  • Feature Appeals
  • Competitive advantage
  • Favorable price appeals
  • News appeals
  • Product/service popularity
  • Generic
  • Emotional Appeals
  • Personal Stage of Feelings Safety, Security,
    Love, Comfort, Happiness, Excitement, Joy, Pride,
    Pleasure, Achievement,
  • Social-Based Feelings Recognition, Status,
    Respect, Involvement, Approval etc.
  • Combining Rational and Emotional Appeals

32
Advertising Execution
  • Straight-sell or factual message
  • Scientific/technical evidence
  • Demonstration
  • Comparison
  • Testimonials
  • Slice of life
  • Animation
  • Personality symbol
  • Fantasy
  • Dramatization
  • Humor
  • Combinations

33
Special Message Strategies Unique Selling
Proposition
  • Superiority claims based on unique physical
    feature or benefit of product
  • Most useful when point of difference cannot be
    readily matched by competitors, i.e. product has
    unique characteristic or can uniquely satisfy
    need

34
Special Message Strategies Consumer Benefit
35
Special Message Strategies Promise
36
Special Message Strategies Brand Image
37
Developing and Managing the Advertising Campaign
  • Developing media strategy involves
  • Selecting media and vehicles
  • Deciding on reach, frequency, and impact
  • Determining media timing
  • Deciding on media budget allocation
  • The Five Ms of Advertising
  • Mission
  • Money
  • Message
  • Media
  • Measurement

38
Developing and Managing the Advertising Campaign
  • Evaluating advertising effectiveness
  • Communication-effect research
  • Sales-effect research
  • The Five Ms of Advertising
  • Mission
  • Money
  • Message
  • Media
  • Measurement

39
Evaluating Your Advertising Is It
  • Focused on your message, your USP?
  • Geared to key benefits?
  • Consistent with your business?
  • Clear, understandable?
  • Attention-getting, unique?
  • Timely?
  • Realistic, deliverable?
  • Is it bringing in customers?
  • Is it bringing in inquiries?

40
Advertising Campaign Example
  • Darüssafaka Egitim Kurumlari (Darüssafaka
    Education Institute)
  • Aims To create awareness about Darüssafaka
    Egitim Kurumlari by emotional ways and to
    motivate people for donation.
  • To explain that the institute is not only a
    social help institutition, but also a place which
    provides qualified education for orphan and
    skilled children.

41
Advertising Campaign Example
  • Target Audience Individuals who are volunteers
    for donation and think that Turkey will be more
    modern with the good educated generations.
  • Media TV, outdoor, print, cinema
  • Executions http//www.effieturkiye.org/2011/index
    .htm

42
Advertising Campaign Example
  • Results
  • Donations (TL) 2008 2010
  • Individual 2.462.000 5.587.062
  • Institutional 2.188.000 6.096.053
  • Total 4.650.000 11.683.125

43
Advertising Campaign Example
  • Altinyunus Hotel in Çesme
  • Problem Altinyunus Hotel cannot fill its rooms
    although it has potential. Available hotel guests
    are not spending extra money at the hotel.
  • Solution The agency identified that average age
    of hotel guests are high (45). More young guests
    should be attracted to the hotel.

44
Advertisings
45
Advertisings
46
Advertisings
47
Advertising Campaign Example
  • Results The average age of the hotel guests
    decreased from 45 to 35! Hotels capacity is used
    more.
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