Matakuliah Tahun : G0492 / English for Advertising : 2005/2006 Advertising and the Marketing Process 1 What is Marketing • Advertising Role in the Marketing Plan • Types of Markets • Approaching the Markets 2 Marketing The process of panning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy the perceived needs, wants, and objectives of the customer and the organization. 3 Types of Markets • Consumer • Business-to-business/Industrial • Institutional • Reseller 4 The Market Strategy • Undifferentiated/market aggregation strategy. • Market segmentation • Product differentiation • Positioning 5 Approaching the Market Scanning figure 3.2. pg. 67 The Process of Approaching the Market 6 The Four Elements of Marketing 1. 2. 3. 4. Product Distribution Price Communication 7 Product • • • • Design and Development Branding Packaging Maintenance 8 Tangible and Intangible Product Characteristics The Product Tangible characteristics • Size • Features • Color • Durability • Package •Taste • Others Massage Strategy To represent The product Advertising Massage Intangible Characteristics • Style • Quality • Image • Prestige • Warranty • Brand Name • Others Product Interpretation And Evaluation By Customer 9 Creating Package that Communicate To make packages that grab attention and send a message, consider these suggestions: 1. Make the package colorful and distinctive. 2. Use a design that underscores the brand image and send advertising messages. 3. Make the package as functional as possible. 4. Make sure the product package and the advertising dovetail. 10 Distribution • Distribution Channels • Market Coverage • Storage 11 Channel of Distribution • • • • Resellers Wholesalers Retailers Transporters 12 Channel of Distribution Scanning Figure 3.5. pg. 77. Push, Pull and Combination Strategies 13 Market Coverage • • • • • Direct Marketing Indirect Marketing Exclusive distribution Selective distribution Intensive distribution 14 Pricing • Based on the cost of making and marketing the product. • The seller’s expected profit level. 15 Price The Strategies: • Customary pricing • Psychological pricing • Price Lining 16 Marketing Communication • • • • • • • Advertising Personal selling Sales promotion Public relations Direct marketing Point-of-sale Packaging 17 Combining Marketing and Advertising • Companies do the ad • Companies hire an agency Marketing Tailor the product Story to a potential customer Advertising Help customers convert Information into memorable, Motivating perceptions that Differentiate between brands 18 Types of Agencies • • • • • • • Full-service Agencies Specialized Agencies Industry-Focused Agencies Minority Agencies Creative Boutiques Media-Buying Services Virtual Agencies 19 Organization of Agencies • • • • Account Management Media Planning and Buying Account Planning and Research Internal Services 20 How Agency make Money • A Commission: the amount an ad agency charges the client as a percentage of the media cost. • Fees: the client and agency agree on an hourly fee or rate. 21