marketing final version
DESCRIPTION
Convergence & MarketingCommunication Adaptation. Marketing Strategies like Direct marketing, guerrilla marketing etcTRANSCRIPT
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Convergence & MarketingCommunication Adaptation.
Group II
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Introduction
In today’s day & age
Technology is developing rapidly
All sphere’s of life are changing
There are new challenges & opportunities
It’s making marketing easier yet complex
Marketer’s of the 21th century need to be Pro-Active
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Introduction Contd.
Contributing Factors:
Internet
Cellphone
Digitized lives
Social Media
Interactive Media
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IMPACT of Technology
It has altered traditional marketing irreversibly
It’s put the information on the Consumer’s Lap
Has changed the Methods of Approach
Altered the mechanics for Brand Management & Brand Equity Creation.
Changed the Media Landscape, through new alternative’s
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Marketing Strategy is now based on continuous re-invention
The 4 pillars of continuous re-invention are:
Brand Building
Marketing Accountability
The Marketing Organization
Integrated Marketing Communications
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Types of MarketingTraditional Marketing
Internet Marketing
Social Marketing
Direct Marketing
Viral Marketing
Ambush Marketing
Guerilla Marketing
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Traditional MarketingWe’ve come a long way since the early 20th century.
Out of the Box thinking, is the need of the hour.
A paradigm shift with respect to television & radio is
underway.
Opportunities for marketers have increased as they can
reach a far wider audience.
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Advantages of Print Media
Specific Target Audience
Loyal Readerships
Special Advertorial Positioning
Credibility
Life Span
High Reach Prospective
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Internet Marketing
The most common types of Online Marketing include:
Pay Per Click
Banner Advertising
Email Marketing
Organic Search
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Examples
Face book page of Axe angels
LUX – Gang of Girls website
In October, 2008, Pizza Hut became the first pizza chain to add an application allowing users of social networking site Facebook to order food directly through the site with its Pizza Hut Interface.
Also done by Papa John’s and Dominos.
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Top 5 Social Networks in India
Source PwC analysis.
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Some worthwhile Statistics:
60% of the social networking traffic come from Non Metro-Cities but the highest traffic generating city still remains to be a Metro i.e. Mumbai
The highest number of active users are from the 15-24 age group but LInkedln has a different age group of active users i.e. 25-34 age-group
Social media in India reaches out to 60 per cent of the online Indian audience
Facebook and Orkut, together cater to about 90 per cent of the users in the social media space.
The maximum users come from the ‘less than 2 lakhs p.a.’ income category. This is because social networks are primarily driven by the youth
More than 45% of the users on Social Networks return during the day. Facebook tops the list with users re-visiting more than 3 times during a day
Majority of the time spent by the Indian audience on Facebook is on Interactive Games/Applications and then on viewing Photos
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Social MarketingA process that uses commercial marketing
techniques to promote the adoption of positive health or social behaviors.
An approach that benefits the people who are adopting the behaviors or society as a whole, rather than the organization doing the marketing.
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Strategies adopted for effective Social Marketing
Talk to customers
Segment audience
Position product
Know the competition
Go where the audience is
Build partnerships with key allies
Using correct Models
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ExampleLifebuoy's “Swasthya Chetna” (LSC): a five-year health
& hygiene education program initiated by HUL. The program was formally launched in 2002, in eight states across India.
The methods used: traditional media, direct marketing and internet.
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Direct marketing
communicate straight to the customer
Three types
Telemarketing
Email direct marketing
Direct mail marketing
results can be measured directly
Cost per customer is high
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Viral Marketingachieve marketing objectives through self-replicating
viral processes. It can be delivered by word of mouth or Internet
The ultimate goal is to create viral messages that appeal to individuals with high social networking potential (SNP)
Three factors in viral marketing are Messenger Message environment
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Theories of Viral Marketing
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Vodafone’s ad campaign featuring the Zoozoo creatures have become an international sensation. Developed in India, the playful commericals have made their way to the internet and become viral hits. The campaign, “Make the Most of Now,” has become truly global as a result. The videos have collected millions of online views worldwide and firmly positioned the Zoozoo creatures as loveable global icons.
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Surrogate Marketing
Surrogate marketing refers to intentionally utilizing a company, person or object to help convey the message of another party.
The makers of certain products are banned to advertise and they resort to surrogate advertising. It is a sort of advertising where a cover product is promoted in order to promote
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ExamplesBacardi music CD’s
Kingfisher mineral water
Royal Stag music cd’s
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What’s Guerrilla Marketing?
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Definition of GUERRILLA MARKETING
JAY CONRAD LEVINSON – Father of Guerrilla Marketing
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GUERRILLA MARKETING
Guerrilla marketing was once called STREET Marketing because it was placed in the street.
Street marketing is a form of communication that takes place in the street and tries to entertain the audience in order to make the public the actor of the promotion
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Why use street marketing ? To develop brand loyalty
To recruit new consumers
To optimize visibility, attribution and memorization of the message
To build a community
To stand out from the competition
To create curiosity rather than hostility and lack of interest
To get press
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Types of Guerrilla Marketing?
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Examples of Ambient marketing
MINI COOPER CAMPAIGN
THE FITNESS COMPANY CAMPAIGN
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Ambush Marketing
Ambush marketing refers to the practice of
appearing to align a brand with an event for which
that brand has not paid for the right to be a
sponsor. Probably this practice had existed in some
form long before 1984, but the sheer volume of
money involved and the worldwide attention given
Olympic events have led many to view the 1984
Olympic games as the origin of ambush marketing.
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Examples1984 – Kodak Ambushes Fuji – Ambush
Marketing Is Born
FIFA World Cup 2010- NIKE went for Ambush Marketing and launched “Write the Future Campaign”. The campaign featured TV commercials consisting of football stars like Rooney, Ronaldo were launched three weeks before the starting of FIFA World Cup.
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Wills Cup 1996:- Pepsi used Ambush Marketing to capitalize such an event by launching a campaign called “There is nothing official about it”.
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Indian and international examples of guerrilla marketing
NIKE CAMPAIGN
PANTENE CAMPAIGN
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Anando Milk Campaign
REXONA CAMPAIGN
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Convergence in MarketingMarketing convergence is the orchestration of information technology, marketing and design required to ensure that companies present an integrated, consistent, clear and interactive message across all the media they use.
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These "five C's" are areas in which some of the most interesting new "fusion" concepts can be developed:
Customerization—Convergence of customized and standardized offerings and messages
Community—Convergence of virtual and physical communities
Channels—Seamless convergence of call, click, and visit
Competitive value—Convergence of new and traditional competitive value equations and pricing models
Choice tools—Convergence of new search engines and decision tools for consumers and company-provided advice
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Choosing the perfect Medium Direct mail has the highest impact of any medium. Your
message reaches each recipient in a personalized way.
Television also offers the advertiser an opportunity to speak to a captive audience. In fact, television viewers are even more apt to fully “tune into” an advertisement.
Radio offers a dramatic improvement over “print” advertisements. The “listener” is captive to the message unless they switch stations or turn the radio off. The cost to reach the same amount of people that a print ad would reach, however, is significantly higher.
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Outdoor and transit advertisements are hard to avoid viewing. But, despite the high visibility factor, no one spends any great amount of time reading them. They are appropriate for very simple messages.
Magazines offer a slightly better opportunity to catch the reader’s attention. Readers tend to peruse magazines more carefully than they do newspapers, and because magazine ads are placed fewer per page, the competition for the reader’s eye is reduced.
Newspapers are generally the cheapest way to reach a mass audience. However, newspapers carry many ads.
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Types of Advertisement for which you have to choose a combination of suitable mediumsPrice advertising
Image advertising
Local service advertising
Business-to-business advertising
Direct response advertising
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Conclusion It’s the imperative – driven by technology – that will
relentlessly transform every aspect of the profession in the future. Thus we can say that the future holds the followings:-
Consumer in Control:
New Agenda for Agencies
Hail to the Chief
Unconventional Outreach:
Media Buying Metamorphosis
Continuous Marketing Reinvention:
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Growth of Indian Television Industry
2004
2005
2006
2007
2008
2009
2010
0
100000
200000
300000
400000
INR(in millions)
INR(in millions)
Source : PwC
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Growth of Indian Internet Advertisement Industry
2004
2005
2006
2007
2008
2009
2010
010002000300040005000600070008000
INR (in Millions)
INR (in Millions)
Source : PwC
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Indian Entertainment and Media Industry: 2010
2% 2%2%
18%
1%
23%
1%
51%
Radio
Direct / Live
Out-of-Home
Filmed Enter-tainment
Music
Print Media
Internet Ads
Television
Source : PwC
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Ad spend as a percentage of GDP
Indi
a
China
Phillip
ines
Sing
apor
e
New Z
eala
nd
Thai
land
Globa
l0
0.4
0.8
1.2
1.6
Source : PwC
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Thank You