1. Radio Advertising is Good when...... You need to reach local markets You have enough budget to...
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Transcript of 1. Radio Advertising is Good when...... You need to reach local markets You have enough budget to...
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Marketing Activities
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Radio Advertising is Good when......
You need to reach local markets You have enough budget to advertise on several stations You have a simple message
Advertising
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Cost and efficiency
Selectivity
Flexibility
Mental Imagery
Integrated marketing opportunities
Advantages of Radio Advertising
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Creative limitations
Fragmentation
Chaotic buying procedures
Limited research data
Limited listener attention
Clutter
Limitations of Radio Advertising
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You need to reach several segments that are fairly similar or they are going through the same hierarchy of effects
You need to convey a dynamic message or one with strong visual imagery
Your message can be grasped in 30 seconds
You have an ample budget
TV Advertising is Good when...
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Costs
Lack of selectivity
Fleeting message
Clutter
Limited viewer attention
Distrust and negative evaluation
Disadvantages of TV Advertising
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Creativity and impact
Coverage and cost effectiveness
Captivity and attention
Selectivity and flexibility
Advantages of TV Advertising
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You need to target special interest groups
Magazine readers regularly read the ads
A static, visual message can work well
Customers are looking in the magazine for
information on products they are seeking
Magazine Advertising is Good when........
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Selectivity
Reproduction Quality
Creative flexibility
Permanence
Prestige
Consumer receptivity and involvement
Services
Advantages of MagazineAdvertising
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Costs
Limited reach and frequency
Long lead time
Clutter and competition
Disadvantages of MagazineAdvertising
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Your target market segments are local
A special interest group lines up well with a
particular newspaper section
An incentive is being advertised, or
A special event of somewhat broad interest
is being advertised
Newspaper Advertising Works Well When....
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Extensive penetration
Flexibility
Geographic selectivity
Reader involvement and acceptance
Services offered
Advantages of Newspaper Advertising
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Poor reproduction
Short life span
Lack of selectivity
Clutter
Limitations of Newspaper Advertising
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When price promotion is consistent with brand image or positioning
When introducing a new product
When trying to move inventory, or trying to get the most out of a bad idea (e.g. a clothing line that didn’t work out)
Be careful what message is conveyed
Good Reasons to use Sales Promotion
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It is an incentive to get customers, channel members, or the sales force to take some action (like buying)
There are 2 types - Price reduction effect (e.g. rebates, coupons)- Incentive based on something other than
price (e.g. a contest)
Always conveys one or more messages, intended or unintended
Sales PromotionCont
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Getting attention
Getting trial
Getting purchase
But again, be careful what message is
conveyed
Sales Promotion is good for..
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It is an extra incentive
It is a sales accelerator, often
The channel is the target
It can be consumer oriented, trade oriented,
or aimed at business customers
Key Aspects of Sales Promotion to Keep in Mind
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Power of retailers
Lower brand loyalty
More sensitivity to promotion
More brands
Fragmented consumer market
Short term view
More accountability
Competition
Clutter
Use of Sales Promotion has grown due to…
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Manage relationship with publics e.g. :
Consumers Government Community Investors Employees General public Industry News media
Publicity is managing relationships with news media
Public Relations and Publicity
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Credibility
Cost
Avoid clutter
Generate leads
Access to small groups
Images building
Advantages of PR
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Loss of control
Hard to measure
Incomplete communication
Disadvantages of PR