pra405 week4 identifying target audience 10homes.ieu.edu.tr/euzunoglu/pra 405 campaign design in...
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PRA405 -CampaignDesign in IMC
Identifying the Target Audience
Who are we talking to?...
Steps in Designing IMC Campaign
Step 1. Situational analysis
Step 6. Setting the budget
Step 3. Setting objectives
Step 4. Strategic decision-making
Step 5. Operational decision-making
Step 2. Identifying the target audiences
Step 7. Implemantation
Step 8. Campaign evaluation.
Identify Target Audience
Includes assessing the audience’s perceptions of the company, product, and competitors’ company/product image
Affects decisions related to what, how, when, and where message will be said, as well as to whom will say it
Identify Target Audience
1. Who exactly are the consumers mostlikely to become users of a brand?
2. What do they like?3. Where are they located?4. How can they be reached most efficiently
with marketing communications tools?5. When is the best time in the consumer’s
life to apply the tools?
Target Audience
Women between 25-54 years old
Working
Salary 30.000$ +
Having a child above 12 years old
Watching channel ATV
Determined TargetAudience
Target Audience
• A, B1, B2, C1, C2 SES mothers with 0-5 age childand who really cares the baby care.
• Pediatricians• Experts (Pharmacist, pregnancy consultants...)• Youngs between 12-18 ages who are trend
followers in parfume world.
_________through marketing strategies_________through marketing strategies
Selecting market to targetSelecting market to target
Determining market segmentationDetermining market segmentation
Identify markets with unfulfilled needsIdentify markets with unfulfilled needs
Selecting market to _________Selecting market to _________
Determining market ____________Determining market ____________
Identify markets with unfulfilled needsIdentify markets with unfulfilled needs
The Target Marketing Process
Related concepts
Market Segmentation: The process of dividinga market into homogeneous segments usingone or two range of possible alternativesegmentation method, each segment beingcomposed of customers or consumers sharingsimilar characteristics.Targeting: The selection of one more margetsegments.Positioning: The relative perceptual position of one brand compared with competing brands.
Related concepts
Market Segmentation
1. Identification of customers‘needs and market segments
2. Develop profiles ofresulting market segments
Identification of Target Markets
3. Evaluation of attractivity ofeach segment
4. Selection of targetsegments
Positioning
5. Identification of differentialadvantages in each segment
6. Development and selectionof positioning concepts
Marketing Planning
7. Development of a marketing mix for each segment according to the chosen position
Market Segmentation
• Segmentation of markets into homogenous groups of customers, each of them reacting differently to promotion, communication, pricing and other variables of the marketing mix.
• Market segments should be formed in that way that differences between buyers within each segment are as small as possible.
• Every segment can be addressed with an individually targeted marketing mix.
Market Segmentation
• Measurable
• Relevant
• Accessible
• Distinguishable
• Feasible
Consumer Segmentation
Based on:
– Demographics
– Geographics– Geodemographics
– Psychographics– Behavioural
– Beneficial
Consumer Segmentation
Based on:
– Demographics:consists of dividing the market into groups based on variables such as age, gender,family size, income, occupation, education, religion, race and nationality etc.
Consumer SegmentationBased on:– Geographics: Certain countries,
regions, etc. are assumed to have common characteristics which influence buying attitudes. In international marketing -----=characteristics as population, income per head, trade carried out by the country, as well as tastes, and the nature of competition in the market (postcodes, city-town-village, region, density, climate etc.)
Consumer Segmentation
Based on:
– Geodemographics: The segmentation of consumers where (andhow) they live-usingdemografic data toclasify neighbourhoods
Consumer SegmentationBased on:
Psychographics: Psychographic segmentation is concerned with identifying personality traits and distinguishing characteristics in groups of the population. Examples are young and outgoing (for the sale of new forms of music) or grey and conservative (for classical and 60s music). (personality, values, lifestyle, attitudes, motivations, interest, opinions, etc.)
Highly adventurist, enterpreneurial and
free-spiritedachievers
Consumer Segmentation
Based on:
– Behavioural: looks at consumer behaviourpatterns - frequent/infrequent purchase, loyalty to a product etc. (benefits sought, purchase occasion, usage, buyer readiness stage, perceptions and beliefs).
Consumer Segmentation
Based on:
– Benefit segmentation divides markets on the basis of the specific benefits or outcomes consumers want from a product or service.
Segmentation Example
An example of a particular luxury hand-cream product segmentation results may show:
• Who would be able to afford it would lead to certain income groups would apply
• A higher majority of females may be more likely to purchase the hand cream. These are shown as “Home makers” within the census.
• The product may possibly appeal to drivers between the ages of 30-50+ with no children
• Certain occupations may be more likely to use the cream. For example gardeners, water users and other dry conditioned occupations etc.
Market Targeting
An analysis of a market might identify a range of segments that could offerpotential to the organisations.
• Undifferentiated (Mass Marketing)All consumers have similar needs for a specific kind of product. Homogeneous market, or demand is so diffused it is not worthwhile to differentiate, try to make demand more homogeneous.Single MM consists of: – 1 Pricing strategy – 1 Promotional program aimed at everybody – 1 Type of product with little/no variation – 1 Distribution system aimed at entire market
Determining How Many Segments to Enter
Differentiated marketing• Involves marketing in a number of
segments, developing separate marketing strategies for each.
Determining How Many Segments to Enter
A Product for Every Segment
• Concentrated (Target Marketing) Marketing: Large share of one or a few sub-markets. Good when company’s resources are limited
Determining How Many Segments to Enter
Positioning
Simply, positioning is how your target market defines you in relation to your competitors.
A good position is:1. What makes you unique2. This is considered a benefit by your target market
It’s the way we want consumers to think (rational side) and feel (emotional side) about the brand
What position do we have now?
What position do we have now?
Do we have the money to do the
job?
Do we have the money to do the
job?
What position do we want to own?
What position do we want to own?
From whom must we win this
position?
From whom must we win this
position?
Do we have the tenacity to stay
with it?
Do we have the tenacity to stay
with it?
Do we have the tenacity to stay
with it?
Do we have the tenacity to stay
with it?
Do we have the money to do the
job?
Do we have the money to do the
job?
From whom must we win this
position?
From whom must we win this
position?
What position do we want to own?
What position do we want to own?
What position do we have now?
What position do we have now?
Does our creative strategymatch it?
Does our creative strategymatch it?
Developing a Positioning Strategy
The
Position
The
Position
By Attributes and Benefits?By Attributes and Benefits?
By Price or Quality?By Price or Quality?
By Use or Application?By Use or Application?
By Product Class?By Product Class?
By Product User?By Product User?
By Competitor?By Competitor?
By Cultural Symbols?By Cultural Symbols?
Positioning Strategies
How shouldHow should
we position?we position?