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What steps are required in developing an advertising program?

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What steps are required in developing an advertising program?

  1. 1. What Steps Are Required In Developing An Advertising Program? Kotler Chapter 17 Aayushi Aggarwal IIT Kanpur
  2. 2. Advertising To persuade an audience to take or continue some action, usually with respect to a commercial offering
  3. 3. Dramatizing the brand attracts attention The advertiser can choose the aspects of the brand and product to focus. Compare the messages of various competitors Trigger quick sales
  4. 4. 5 Steps To Developing An Advertising Program 5M’s Mission Money Message Media Measurement
  5. 5. 1. Mission or Advertising objective An advertising goal is a specific communications task and achievement level to be accomplished with a specific audience in a specified period of time Informative Persuasive Reminder Reinforcement
  6. 6. Informative Advertising Informative in nature. Eg. Dental protection features of toothpaste
  7. 7. Persuasive Advertising It aims to create liking of a product. Sometimes use comparison.
  8. 8. Reminder Advertising Aims to stimulate repeat purchase of the product
  9. 9. Reinforcement Advertising Aims to convince current purchasers that they made the right choice.
  10. 10. 2. Money Not an expense but an investment in building brand equity and customer loyalty. Advertising Budget
  11. 11. Factors affecting Budget Stage in product life cycle Market share Competition and Clutter Advertising Frequency Product substitutab ility New products require greater advertising High market share brands usually require lesser advertising In a market of large competition, a brand must advertise larger to be heard. Number of repetitions needed to put the message accross Brand in less differentiated classes require heavy advertising
  12. 12. • Fresh insights are important for avoiding using the same appeals and position as others • Advertisers are always seeking “The Big Idea” Message Generation and Evaluation What it says? • Every advertising medium has advantages and disadvantages: • TV , Radio and Print ads Creative development and execution How it Says? • Ensure that the ad does not overstep any social and legal norms. • Eg. No ads should promise magical cure for any ailment or disease. Social Responsibility review 3. Message
  13. 13. Television Print Film 4. Media
  14. 14. Television Ads Generally acknowledged as most powerful advertising medium because of its reach.
  15. 15. Print ads Volkswagen Vento “Talking Ad” The purpose was to catch the attention of the audience and to establish a connect with the product by directly speaking to them via a newspaper. Because readers consume them at their own pace, newspapers and magazines can provide detailed information
  16. 16. Film ads Advertisements are shown at the beginning, and during the interval of movies. Main advantage is that the Audience is more captive
  17. 17. Media Selection Criteria • No of different household exposed to a particular media during a specified time Reach(R) • The no of times that an average household id exposed to the message Frequency(F) • The quantitative value of the exposure Impact(I)
  18. 18. Relationship b/w Reach,Frequency and Impact is captured by the following concepts: • E = R X F • Reach times average frequency • Also called GRP(Gross Rating Points) Exposures(E) • WE = R X F X I • Reach times average frequency times average impact Weighted no of Exposures(WE)
  19. 19. 5. Measurement CommunicationEffect Research • Determines whether an ad is communicating effectively • Also called Copy Testing • Include Trailer tests, Theater Tests, On-Air Tests Sales-EffectResearch • What sales are generated by an ad? • Easiest to measure in direct marketing situations • Hardest in brand and corporate image building • Companies are interested to find out whether they are overspending or underspending on advertising

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