mktg350 lecture 09052013
DESCRIPTION
Communication Pathways in Marketing: Advertising vs. Social MediaTRANSCRIPT
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Online & New MediaCommunication Pathways in Marketing
SNC-MKTG350September 4, 2013
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Tonight’s Agenda: Communication Pathways in Marketing• Did you read Chapter 1: Persuasion• Difference between coercion and persuasion• Advertising• Social Media
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Key Points: Persuasion
• There is a difference between persuasion and coercion– Persuasion encourages based on desires (“pull”)– Coercion makes undue use of fears (“push”)
• Advertising is communicating messages we know are paid for
• PR obscures paid vs. objective understanding• Social media: potential to be more egalitarian, but
still has all the components
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Advertising vs. Social MediaADVERTISING SOCIAL MEDIA
One-way communication Multi-pathway communication
Controlled by advertiser Less control over message
Opinion is secondary Opinion is part of it
Pay more, get more coverage Pay more, get a questionable return
“Broadcast” presentation “Narrowcast” presentation
Delayed feedback Immediate feedback
Rarely seek out your messages Potentially seek out your messages
Supports sales Supports the buying decision
High cost Lower cost
Developing customers Developing influencers and evangelists
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Marketing interrupticus
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Advertising - History
• Goes back to the Egyptians
• Started as signs• As literacy
widened, expanded to print 1500’s
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Advertising – History 1700’s
• In-line typeface presentation• No federal guidelines• Pack it all in there
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Advertising – History 1800’s
• Lithography images become more prevalent
• Options in ads assume a widening audience of readers
• Starting to differentiate through advertising
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Advertising – History 1900’s
• More attractive, artful• Product is part of scene• Positions WHO should
be attracted to product; starts to act as a mirror, consumers can see themselves in the ads
• Messaging much cleaner
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Advertising – History 1900’s
• Messaging much cleaner, more directive
• Core appeal featured• Price positioning
used more frequently
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Advertising – History 1900’s
• Appeals to authority• Indulging in what
people already want• In the 40’s and 50’s,
starts to “look” like advertising we’re familiar with now.
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LESSON TO BE LEARNED HERE: Don’t write ransom notes. We have an obligation to overcome the skepticism our marketing predecessors created
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How much does trust really matter?
Recommendations from Friends
Consumer Posted Opinions
Websites
TV Ads
Billboards
Radio
Source: http://www.mediabistro.com/alltwitter/social-vs-traditional-media-marketing_b25389
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Advertising
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Costs Shift when comparing advertising and social media
But they don’t disappear! Online is not free.• Advertising:– Cost is direct to media channels– Can include promotions– Can include customer service/post-sales
• Social Media/Online:– Cost is indirect: to posters, strategy– Post-purchase rewards are vital in new media
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Authenticity Matters More in Social
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Ways to be more authentic
• Write clearly and specifically: don’t make grandiose claims about your product
• Use sources for improved credibility• Invite feedback, critique, opinions of your customers• Use clean design, don’t “trap” people into signing up
to get something you promised• Respond constructively and positively to comments
and feedback
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Social Media
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Influence: Reviews
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Click to watch a video describing how to transition a boring offer to be more persuasive
http://www.humanfactors.com/video/powerofpetdesign.asp
Persuasive Design
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Next session:• Read Chapter 1 in Analytics text• Quiz 3• Tools of Digital Marketing
– Websites and blogs– Search: Google, Bing & Yahoo
• Organic results• Paid results
– Email – Automated marketing tools
• Eloqua, HubSpot, etc.
• First blog post due: Wed., Sept 11