Title: Why Multiple Instruments?
1Why 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 3What is Advertising?
- Paid
- non-personal communication
- from an identified sponsor
- using mass and interactive media
- to persuade or influence
- an audience.
4What 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.
5What Advertising Does?
- Informs
- Persuades
- Differentiates
- Reminds
- Adds value
- Assists other marcom activities
6What Advertising Does?
7What Advertising Does?
8What Advertising Does?
9What Advertising Does?
10What Advertising Does?
11What Advertising Does?
12What Advertising Does?
Differentiates
13What Advertising Does?
14What Advertising Does?
15What Advertising Does?
16What Advertising Does?
17What Advertising Does?
- Assists marcom activities
18Advertising 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
19Advertising Disadvantages
- High costs of producing and placing ads
- Difficult to determine effectiveness
- Credibility problems
- Clutter
- Not very persuasive
20Parties Involved in Advertising
- The Advertiser
- The Advertising Agency
- The Media
- Suppliers
- The Target Audience (Buyers/Consumers)
21Advertiser
The manufacturer, service company, retailer, or
supplier who advertises their product or service
or cause
22The Advertising Agency
- Firm that handles all aspects of the advg
process, including planning, creation design,
production and placement of advertising (i.e.
full-service)
23The 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.
24Suppliers
- Provide specialized service
- Artists, writers, photographers, directors,
producers, consultants. - May increase or decrease advertising
effectiveness.
25The 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
26Developing 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)?
27Developing 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
28Developing 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
29Developing and Managing the Advertising Campaign
- Budget of advertising
- Production budget
- Media budget
- The Five Ms of Advertising
- Mission
- Money
- Message
- Media
- Measurement
30Developing 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
31Advertising 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
32Advertising Execution
- Straight-sell or factual message
- Scientific/technical evidence
- Demonstration
- Comparison
- Testimonials
- Slice of life
- Animation
- Personality symbol
- Fantasy
- Dramatization
- Humor
- Combinations
33Special 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
34Special Message Strategies Consumer Benefit
35Special Message Strategies Promise
36Special Message Strategies Brand Image
37Developing 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
38Developing and Managing the Advertising Campaign
- Evaluating advertising effectiveness
- Communication-effect research
- Sales-effect research
- The Five Ms of Advertising
- Mission
- Money
- Message
- Media
- Measurement
39Evaluating 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?
40Advertising 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.
41Advertising 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
42Advertising 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
43Advertising 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.
44Advertisings
45Advertisings
46Advertisings
47Advertising Campaign Example
- Results The average age of the hotel guests
decreased from 45 to 35! Hotels capacity is used
more.