Lamb, Hair, McDaniel MKTG2007-2008 14 CHAPTER Designed by Amy McGuire, B-books, Ltd. Chapter 14 Integrated Marketing Communications Prepared by Deborah Baker, Texas Christian University Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 1 Learning Outcomes LO1 Discuss the role of promotion in the marketing mix LO2 Discuss the elements of the promotional mix LO3 Describe the communication process LO4 Explain the goal and tasks of promotion Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 2 Learning Outcomes LO5 Discuss the AIDA concept and its relationship to the promotional mix LO6 Describe the factors that affect the promotional mix LO7 Discuss the concept of integrated marketing communications Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 3 LO1 The Role of Promotion in the Marketing Mix Discuss the role of promotion in the marketing mix Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 4 The Role of Promotion Promotion Communication by marketers that informs, persuades, and reminds potential buyers of a product in order to influence an opinion or elicit a response. LO1 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 5 The Role of Promotion Promotional Strategy A plan for the optimal use of the elements of promotion: Advertising Public Relations Sales Promotion Personal Selling LO1 Chapter 14 Competitive Advantage Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 6 The Role of Promotion in the Marketing Mix Overall Marketing Objectives Marketing Mix • • • • LO1 Chapter 14 Product Place Promotion Price Target Market Promotional Mix • • • • Advertising Public Relations Sales Promotion Personal Selling Promotion Plan Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 7 Competitive Advantage High product quality Rapid delivery Low prices Excellent service LO1 Chapter 14 Unique features Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 8 LO1 REVIEW LEARNING OUTCOME The Role of Promotion in the Marketing Mix Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 9 LO2 The Promotional Mix Discuss the elements of the promotional mix Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 10 The Promotional Mix Combination of promotion tools used to reach the target market and fulfill the organization’s overall goals. Advertising Public Relations Sales Promotion Personal Selling LO2 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 11 The Promotional Mix Impersonal, one-way mass communication about a product or organization that is paid for by a marketer. LO2 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 12 Advertising Media New Advertising Media Traditional Advertising Media Television Radio Newspapers Magazines Books Direct mail Billboards Transit cards Internet Banner ads Viral marketing E- mail Interactive video LO2 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 13 Advertising Advantages Reach large number of people Low cost per contact Disadvantages Total cost is high National reach is expensive for small companies Can be microtargeted LO2 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 14 Public Relations The marketing function that evaluates public attitudes, identifies areas within the organization that the public may be interested in, and executes a program of action to earn public understanding and acceptance. LO2 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 15 Beyond the Book LO2 Reality-Based Product Advertising Chapter 14 Jaguar is giving an $80,000 Jaguar XK to a select group of “beautiful people”—just to be seen in it It is reality-based product placement—where real life blurs seamlessly into advertising The success of the campaign is “how many people touch and see the car” SOURCE: Gina Chon, “Jaguar Tries a Living Product Placement,” Wall Street Journal, June 29, 2006, B1. Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 16 The Function of Public Relations LO2 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 17 Sales Promotion Marketing activities— other than personal selling, advertising, and public relations—that stimulate consumer buying and dealer effectiveness. LO2 http://www.nabiscoworld.com Online Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 18 Sales Promotion Free samples Contests Premiums Trade Shows Vacation Giveaways Coupons End Consumers Company Employees Trade Customers LO2 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 19 Personal Selling Planned presentation to one or more prospective buyers for the purpose of making a sale. LO2 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 20 Personal Selling Traditional Selling Relationship Selling LO2 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 21 LO2 REVIEW LEARNING OUTCOME Elements of the Promotional Mix Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 22 LO3 Marketing Communication Describe the communication process Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 23 Communication Communication The process by which we exchange or share meanings through a common set of symbols. LO3 http://www.mcdonalds.com Online Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 24 Marketing Communication Categories of Communication Interpersonal Communication Mass Communication LO3 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 25 Marketing Communication As Senders As Receivers Inform Develop messages Persuade Adapt messages Remind Spot new communication opportunities LO3 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 26 The Communication Process Noise Sender LO3 Chapter 14 Encoding Message Message Channel Decoding Message Receiver Feedback Channel Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 27 Characteristics of the Elements in the Promotional Mix LO3 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 28 Characteristics of the Elements in the Promotional Mix Advertising Communication Mode Communication Control Feedback Amount Indirect and impersonal Low Little Feedback Speed Delayed Message Flow Direction One-way Message Content Control Yes Sponsor Identification Yes Reaching Large Audience Message Flexibility Fast Same message to all audiences LO3 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 29 Characteristics of the Elements in the Promotional Mix Public Relations Communication Mode Communication Control Feedback Amount Usually indirect, impersonal Moderate to low Little Feedback Speed Delayed Message Flow Direction One-way Message Content Control No Sponsor Identification No Reaching Large Audience Message Flexibility Usually fast Usually no direct control LO3 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 30 Characteristics of the Elements in the Promotional Mix Sales Promotion Communication Mode Communication Control Feedback Amount Feedback Speed Message Flow Direction Usually indirect and impersonal Moderate to low Little to moderate Varies Mostly one-way Message Content Control Yes Sponsor Identification Yes Reaching Large Audience Message Flexibility Fast Same message to varied target LO3 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 31 Characteristics of the Elements in the Promotional Mix Personal Selling Communication Mode Communication Control Feedback Amount Feedback Speed Message Flow Direction Direct and face-to-face High Much Immediate Two-way Message Content Control Yes Sponsor Identification Yes Reaching Large Audience Message Flexibility Slow Tailored to prospect LO3 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 32 The Impact of Blogging Corporate Blogs Sponsored by a company or one of its brands and maintained by one or more of the company’s employees. Independent and not Noncorporate associated with the Blogs marketing efforts of any particular company or brand. LO3 3 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 33 LO3 REVIEW LEARNING OUTCOME The Communication Process Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 34 LO4 The Goals and Tasks of Promotion Explain the goals and tasks of promotion Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 35 Goals and Tasks of Promotion Informing Reminding Target Audience LO4 Persuading http://www.tide.com Online Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 36 Goals and Tasks of Promotion Informing Reminding PLC Stages: PLC Stages: Introduction Early Growth Maturity Target Audience PLC Stages: Growth Maturity LO4 Chapter 14 Persuading Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 37 Goals and Tasks of Promotion Informative Promotion Increase awareness Explain how product works Suggest new uses Build company image LO4 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 38 Goals and Tasks of Promotion Persuasive Promotion Encourage brand switching Change customers’ perceptions of product attributes Influence immediate buying decision Persuade customers to call LO4 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 39 Goals and Tasks of Promotion Reminder Promotion Remind customers that product may be needed Remind customers where to buy product Maintain customer awareness LO4 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 40 LO5 Promotional Goals and the AIDA Concept Discuss the AIDA concept and its relationship to the promotional mix Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 41 LO5 The AIDA Concept AIDA Concept Model that outlines the process for achieving promotional goals in terms of stages of consumer involvement with the message. Attention Interest Desire Action Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 42 LO5 The AIDA Concept Action Desire Interest Attention Conative (doing) Affective (feeling) Cognitive (thinking) http://www.nascar.com http://www.kelloggs.com Online Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 43 Biz Flix LO5 Chapter 14 About a Boy Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 44 LO5 REVIEW LEARNING OUTCOME The AIDA Concept Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 45 LO6 Factors Affecting the Promotional Mix Describe the factors that affect the promotional mix Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 46 LO6 Factors Affecting the Choice of Promotional Mix Nature of the product Stage in PLC Target market factors Type of buying decision Promotion funds Push or pull strategy Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 47 Sales ($) LO6 Stage in the Product Life Cycle Maturity Introduction Growth Decline Time Light Advertising; preintroduction publicity Chapter 14 Heavy use of Advertising; PR for awareness; sales promotion for trial Advertising, PR, brand loyalty; personal selling for distribution Ads decrease; sales promotion; personal selling; reminder & persuasive Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved AD/PR decrease; limited sales promotion; personal selling for distribution 48 LO6 Target Market Characteristics For… Advertising Sales Promotion Less Personal Selling Chapter 14 Widely scattered market Informed buyers Brand-loyal repeat purchasers Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 49 LO6 Type of Buying Decision Advertising Routine Sales Promotion Neither Routine nor Complex Advertising Public Relations Personal Selling Complex Print Advertising Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 50 LO6 Available Funds Chapter 14 Trade-offs with funds available Number of people in target market Quality of communication needed Relative costs of promotional elements Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 51 LO6 Push and Pull Strategies PUSH STRATEGY Manufacturer promotes to wholesaler Wholesaler promotes to retailer Retailer promotes to consumer Consumer buys from retailer Orders to manufacturer PULL STRATEGY Manufacturer promotes to consumer Consumer demands product from retailer Retailer demands product from wholesaler Wholesaler demands product from manufacturer Orders to manufacturer Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 52 LO6 REVIEW LEARNING OUTCOME Factors Affecting Promotional Mix Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 53 LO7 Integrated Marketing Communications Discuss the concept of integrated marketing communications Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 54 Integrated Marketing Communications Integrated Marketing Communications The careful coordination of all promotional messages to assure the consistency of messages at every contact point where a company meets the consumer. LO7 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 55 IMC Popularity Growth Proliferation of thousands of media choices Fragmentation of the mass market Slash of advertising spending in favor of promotional techniques that generate immediate response LO7 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 56 LO7 REVIEW LEARNING OUTCOME Integrated Marketing Communications Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 57 Lamb, Hair, McDaniel MKTG2007-2008 15 CHAPTER Designed by Amy McGuire, B-books, Ltd. Chapter 14 Advertising and Public Relations Prepared by Deborah Baker, Texas Christian University Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 58 Learning Outcomes LO1 Discuss the effects of advertising on market share and consumers LO2 Identify the major types of LO3 Chapter 14 advertising Discuss the creative decisions in developing an advertising campaign Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 59 Learning Outcomes LO4 Describe media evaluation and selection techniques LO5 Discuss the role of public relations in the promotional mix Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 60 1 LO The Effects of Advertising Discuss the effects of advertising on market share and consumers Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 61 The Effects of Advertising U.S. advertising was almost $300 billion in 2006 In 2005, 32 companies spent over $1 billion each The advertising industry is small— only 155,000 employed by the 12,000 advertising agencies LO1 Chapter 14 Ad budgets of some firms are Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 62 The Effects of Advertising Top Ten Leaders by U.S. Advertising Spending LO1 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 63 Advertising and Market Share New brands with a small market share spend proportionally more for advertising and sales promotion than those with a large market share. Beyond a certain level of spending, diminishing returns set in. LO1 New brands require higher spending to reach a minimum Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 64 The Effects of Advertising on Consumers The average U.S. citizen is exposed to hundreds of ads each day. Advertising may change a consumer’s negative attitude toward a product, or reinforce a positive attitude. LO1 Chapter 14 Advertising can affect consumer ranking of a brand’s attributes. Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 65 LO1 REVIEW LEARNING OUTCOME Effects of Advertising Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 66 2 LO Major Types of Advertising Identify the major types of advertising Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 67 Major Types of Advertising Institutional Advertising Enhances a company’s image rather than promotes a particular product. Product Advertising Touts the benefits of a specific good or service. LO2 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 68 Major Types of Advertising Institutional Advertising Corporate identity Advocacy advertising Pioneering Product Advertising LO2 Chapter 14 Competitive Comparative Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 69 Product Advertising Pioneering Stimulates primary demand for new product or category Used in the PLC introductory stage Competitive Influences demand for brand in the growth phase of the PLC Often uses emotional appeal Comparative Compares two or more competing brands’ product attributes Used if growth is sluggish, or if competition is strong LO2 http://www.pizzahut.com http://www.papajohns.com Online Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 70 LO2 REVIEW LEARNING OUTCOME The Major Types of Advertising Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 71 LO3 Creative Decisions in Advertising Discuss the creative decisions in developing an advertising campaign Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 72 Creative Decisions in Advertising Advertising Campaign LO3 Chapter 14 A series of related advertisements focusing on a common theme, slogan, and set of advertising appeals. Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 73 Creative Decisions in Advertising Determine the advertising objectives Make creative decisions LO3 Chapter 14 Make media decisions Evaluate the campaign Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 74 Setting Objectives: The DAGMAR Approach Define target audience Define desired percentage change Define the time frame for change LO3 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 75 Creative Decisions Identify product benefits Develop and evaluate advertising appeals Execute the message Evaluate the campaign’s effectiveness LO3 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 76 Identify Product Benefits “Sell the Sizzle, not the Steak” Sell product’s benefits, not its attributes A benefit should answer “What’s in it for me?” LO3 Chapter 14 Ask “So?” to determine if it is a benefit Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 77 Identify Product Benefits Attribute “Powerade’s new line has been reformulated to combine the scientific benefits of sports drinks with B vitamins and to speed up energy metabolism.” - So? Benefit “So, you’ll satisfy your thirst with a great-tasting drink that will power you throughout the day.” LO3 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 78 Advertising Appeals LO3 Chapter 14 Profit Product saves, makes, or protects money Health Appeals to body-conscious or health seekers Love or romance Used in selling cosmetics and perfumes Fear Social embarrassment, old age, losing health Admiration Reason for use of celebrity spokespeople Convenience Used for fast foods and microwave foods Fun and pleasure Key to advertising vacations, beer, parks Vanity and egotism Used for expensive or conspicuous items Environmental Consciousness Centers around environmental protection Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 79 Unique Selling Proposition Unique Selling Proposition LO3 Chapter 14 A desirable, exclusive, and believable advertising appeal selected as the theme for a campaign. Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 80 Executing the Message Scientific Slice-of-Life Musical Lifestyle Spokesperson/ Testimonial Demonstration Mood or Image LO3 Chapter 14 Fantasy Real/ Animated Product Symbols Humorous Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 81 LO3 REVIEW LEARNING OUTCOME Creative Decisions for Ad Campaign Set advertising objectives Identify benefits Develop appeal Evaluating results helps marketers adjust objectives for future campaigns Chapter 14 Execute message Evaluate campaign results Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 82 LO4 Media Decisions in Advertising Describe media evaluation and selection techniques Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 83 Media Decisions in Advertising LO4 Chapter 14 Monitored Media Unmonitored Media Newspapers Direct Mail Magazines Trade Exhibits Yellow Pages Cooperative Advertising Internet Brochures Radio Coupons Television Catalogs Outdoor Media Special Events Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 84 Major Advertising Media Newspapers Magazines Radio Television Outdoor Media Yellow Pages LO4 Chapter 14 Internet Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 85 Newspapers Advantages Geographic selectivity Short-term advertiser commitments News value and immediacy Year-round readership High individual market coverage Co-op and local tie-in availability Short lead time Disadvantages Limited demographic selectivity Limited color Low pass-along rate May be expensive LO4 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 86 Beyond the Book LO4 Free Newspapers? The new Baltimore Examiner is delivering 250,000 newspapers—at no charge and unsolicited! Advertising brings in the revenue for this niche publication targeting households with income of $73,000 or more. The ads are $2,900 for a full page, compared with $17,000 for its competition, the Baltimore Sun. The Examiner is betting that SOURCE: Joseph T. Hallinan, “Do New Free Dailies low ad rates and the target Mean Sun is Setting for Paid Newspapers?,” Wall Street Journal, Aprilwill 5, 2006, B1.be a valuable market proposition to advertisers. Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 87 Cooperative Advertising Cooperative Advertising LO4 Chapter 14 An arrangement in which the manufacturer and the retailer split the costs of advertising the manufacturer’s Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 88 Magazines Advantages Good reproduction Demographic selectivity Regional/local selectivity Long advertising life High pass-along rate Disadvantages Long-term advertiser commitments Slow audience build-up Limited demonstration capabilities Lack of urgency Long lead time LO4 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 89 Radio Advantages Low cost Immediacy of message Short notice scheduling No seasonal audience change Highly portable Short-term advertiser commitments Entertainment carryover Disadvantages No visual treatment Short advertising life High frequency to generate comprehension and retention Background distractions Commercial clutter LO4 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 90 Television Advantages Wide, diverse audience Low cost per thousand Creative opportunities for demonstration Immediacy of messages Entertainment carryover Demographic selectivity with cable Disadvantages Short life of message Consumer skepticism High campaign cost Little demographic selectivity with stations Long-term advertiser commitments Long lead times for production Commercial clutter LO4 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 91 Chapter 14 The number of ads in TV shows is a longstanding complaint of viewers and advertisers. The media is cluttered and consumers 05 change channels or speed through 04 commercials on 03 a DVR. Year Beyond the Book LO4 TV Advertising: Is Less More? 02 01 Tests are being 2000 conducted to feature shorter commercial 13.5 pods. SOURCE: Suzanne Vranica, “TV-Ad Test to Show if Less is More,” Wall Street Journal, April 5,2006, B3. 14 14.5 15 15.5 Commercial Minutes per Hour Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 92 Outdoor Media Advantages Repetition Moderate cost Flexibility Geographic selectivity Disadvantages Short message Lack of demographic selectivity High “noise” level LO4 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 93 Internet Advantages Fast growing Ability to reach narrow target audience Short lead time Moderate cost Disadvantages LO4 Difficult to measure ad effectiveness and ROI Ad exposure relies on “click through” from banner ads Not all consumers have access to Internet http://www.fox.com http://www.abc.com Online Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 94 Alternative Media Shopping Carts Floor Ads Computer Screen Savers Subway Tunnel Ads DVDs Video Game Ads Interactive Kiosks Cell Phone Ads Ads in Movies LO4 Chapter 14 Advertainments Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 95 Beyond the Book LO4 Videogame Advertising Chapter 14 Microsoft plans to acquire Massive inc., a start-up that places ads in video games. Ads are inserted into the game environment. Video games could become a large new medium for advertising. SOURCE: Robert A. Guth and Nick Wingfield, “Microsoft’s ‘Massive’ Move into Game Ads,” Wall Street Journal, April 26,2006, B1. Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 96 Beyond the Book LO4 Directory Assistance Advertising Chapter 14 Companies are offering free telephone directory assistance—but there’s an advertisement first. The audio ads are narrowly targeted, and are 10 to 12 seconds. The growth of such free services could represent another change in the telecom industry. Buckman, “Your SOURCE: DialRebecca 1-800-FREE411 or Listing, and a Word From Our Sponsor,” 1-800-411-METRO Wall Street Journal, April 20,2006, B1. Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 97 Qualitative Factors in Media Selection Attention to the commercial and the program Program liking Lack of distractions Other audience behaviors LO4 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 98 Media Scheduling Continuous Media Schedule Advertising is run steadily throughout the period. Flighted Media Schedule Advertising is run heavily every other month or every two weeks. Pulsing Media Schedule Advertising combines continuous scheduling with flighting. Seasonal Media Schedule Advertising is run only when the product is likely to be used. LO4 Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 99 Beyond the Book LO4 Media Scheduling on the Web Competition for Web advertising spots is driving up prices. Some Web advertisers now run campaigns based on time of day. Examples: ● McDonald’s: breakfast meals during morning hours ● Xerox: copier ads during the workday ● Budweiser: beer ads on Friday afternoons Scheduling Web ads during prime SOURCE: David Kesmodel, “More Marketers Place Web Ads bytimes Time of Day,” Wall June 23,efficient 2006, B1. isStreetaJournal, more use of ad dollars more targeted. Chapter 14 Copyright ©2008and by South-Western, a division of Thomson Learning. All rights reserved 100 LO4 REVIEW LEARNING OUTCOME Media Evaluation and Selection Type: Newspaper Magazine Radio Television Outdoor Internet Alternative Scheduling: continuous flighted Considerations: Mix Cost per contact Reach Frequency Audience selectivity How much of each? How much per person? How many people? How often? How targeted is audience? pulsing seasonal Winter Chapter 14 Spring Summer Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved Fall 101 5 LO Public Relations Discuss the role of public relations in the promotional mix Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 102 LO5 Public Relations Public Relations The element in the promotional mix that: evaluates public attitudes identifies issues of public concern executes programs to gain public acceptance Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 103 LO5 Functions of Public Relations Press relations Product publicity Corporate communication Public affairs Lobbying Employee and investor relations Crisis management Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 104 LO5 Public Relations Tools New product publicity Product placement Consumer education Event sponsorship Issue sponsorship Internet Web sites http://www.vw.com http://www.chevrolet.com Online Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 105 Beyond the Book LO5 Example of Consumer Education Chapter 14 Corporations are teaching public school students about personal finance. People under age 25 are a fastgrowing group for credit card debt increases and bankruptcy. Is it appropriate to use educational materials with a corporate identity? How should financial literacy SOURCE: Diya Gullapalli, “Your Kid’s Teacher: The Bank,” be Wall Streettaught? Journal, April 8-9, 2006, B1. Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 106 LO5 Managing Unfavorable Publicity Crisis Management A coordinated effort to handle the effects of unfavorable publicity or of an unfavorable event. Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 107 Biz Flix LO5 Chapter 1 EdTV Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 108 LO5 REVIEW LEARNING OUTCOME The Role of Public Relations Chapter 14 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 109