advertising as a communication tool final

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  • 1. Advertising as a communication tool
  • 2. Communication
    Defined as passing of information, the
    exchange of ideas, or the process of
    establishing a commonness or oneness of
    thought between senders and receiver.
  • 3.
  • 4. Communication Feedback Models
    Channel/Message
    Is the method which communication travels from the source or sender to the receiver
    Personal channels direct interpersonal
    Non-personalchannels mass communications
    Decoding
    Process of transforming the senders message back into thought
    Influenced greatly by the receivers frame of reference (perceptions, attitudes and values)
  • 5. Communication Feedback Models
    Source/Encoder
    Is the person or organisation that has
    information to share with another person or
    group.
    Encoding
    Leads to development of a message that
    contains the information of meaning the source
    hopes to convey.
  • 6. Communication Feedback Models
    Receiver
    Is the person(s) with whom the sender shares thoughts of information.
    Noise
    External factors that create unplanned distortion
    Feedback
    Receivers respond by hearing, seeing orn reading
    Feedback is sent back to the sender
  • 7. Mass markets and Audiences
    Market segments
    Niche markets
    Individual and group audiences
  • 8.
  • 9. The FCB Planning Model
  • 10. Implications
    1. Delineate the series of steps potenial purchasers must be taken through
    2. Potential buyers may be in different stages of the hierarchy creating problems.
    3. Useful for promotional planners
  • 11. Summary
    Aim: to improve the way your brand is positioned in the consumers mind thereby giving you a better return on your advertising dollar by:
    1 Deciding on the degree of involvement
    2 Deciding on the degree of thinking/feeling experienced
    by the consumer prior to purchasing
    3 Place your brand on the Grid
    4 Plot your competitors (cluster or not?)
    5 Is the current strategy right or need improving?
    6 Player with the best position wins!
  • 12. The FCB Grid
  • 13. The FCB Grid
  • 14. The Model of Cognitive Response
  • 15. The IMC Model
    The theory of Integrated Marketing Communications (IMC) elegantly explains the relationships of marketing and branding (Schultz et al., 1996)
  • 16. Integrated Marketing Communications (IMC)
    IMC is the organization, planning, and monitoring of marketing components and data to control and influence brand information, associations, and experiences. The goal is to incubate profitable relationships and dialog with patients and other groups.
    This is typically measured by internal and external surveys, focus groups, managerial accounting, trend analyses, referral indices, etc.
  • 17. Marketing Communications (MC)
    This is an umbrella term for all communication avenues available for conveying marketing messages.
    These include advertising, public relations, sales promotions, direct response marketing, events, sponsorships, point-of-purchase materials, packaging, trade shows, customer service, and personal sales.
    MC is measured as the proportion of marketing dollars assigned to each avenue and the marketing return on investment (MROI) for each.
  • 18. Integrated Marketing Communications (IMC)
  • 19. The IMC Model
    The IMC Model
    IMC builds the relationships that build brands. (Duncan, 2002). It is impossible to talk about IMC without talking about brand. That is because brand building relies on creation and nurturing of profitable relationships to meet objectives, which is the goal of all IMC processes. IMC devises strategies to use MCs to create and build brand
    To over come the shortcomings of the Hierarchy of Effects model, professors, Shultz, Tannerbaum and Lauterborn devised the IMC model.
  • 20. The Elaboration Likelihood Model(ELM)
    Addresses the differences in the way consumers process and respond to persuasive messages.
    High and Low elaboration when it comes to information processing
  • 21. The ELM model
  • 22. Summarizing the response process
    Individual responses to advertising are
    mediated or filtered by factors such as
    motivation
    ability to process information
    Advertising should be evaluated using three dimensions
    Product category
    Stage of life-cycle
    Target audience
    Competition
    Impact of marketing mix components
  • 23. Summary
    IMC is based on basic (persuasive) communication theory
    Understanding consumer response
    Allows communication objectives to be set
    by considering response models.
  • 24. Value of Objectives
    Communication
    Objectives facilitate coordination of various
    groups working on the campaign
    Planning and Decision Making
    Specific promotional objectives also guide the
    development of IMC plan.
    Measurement and Evaluation of Results
    Objectives act as a benchmark for success or
    failure of the campaign and can be measured
  • 25. Comparison of Marketing AndCommunication Objectives
    Communication
    Market segments the
    company wants to target
    The products FAB
    The companies and
    competitors brands.
    Ideas on how the brand
    should be positioned
    Marketing
    Sales volume
    Market share
    ROI
    Profit
  • 26. A framework for studying howadvertising works
  • 27. Sales versus Communication Objectives
    To many companies the goal is SALES
    Companies have increased pressure to
    make agencies more accountable for their
    performance.
    Some have developed ROI information
    Sales decline is not attributed to less
    advertising spend
    May be due to other marketing mix variables
  • 28. DAGMAR: Defining Advertising Goals for Measured Advertising Results
    1. Awareness making the consumer aware
    of the existence of the brand
    2. Comprehension developing and
    understanding of what the product is and
    what it will doe for the consumer
    3. Conviction developing a mental
    disposition in the consumer to buy the
    product.
    4. Action getting the consumer to purchase
    product
  • 29. The institutions of Advertising Management
    Advertiser
    Advertisement
    Media
    Consumers
  • 30. Thankyou