2/10/2012 Submission date : 1st March 2011. TOPIC : Application of communication model to market a new brand of chocolates. By : Mahesh Fernando MBA (ECU)AUS PG. Dip in Mkt. SL CPM Asia (AMF) MSLIM 1 2/10/2012 Task 01 You are the brand executive of International confectionaries Lanka (Pvt) Ltd. And the company has launched a new brand of chocolates called “Choco wall nut” targeting the youth and young adult segment in the local market. Your marketing manager has requested you to come up with a communication model which he believes can be helpful when setting the communication elements to market the newly launch brand. Explain the AIDA model with a diagram and justify with 3 reasons as to why the AIDA model is suited for this purpose. Task 02 After explaining the suitability of the AIDA model in task 01, now you are advice to explain as to how the AIDA model can be used to communicate the new product, you need to explain the AIDA steps in detail in this part. Attention Interest Desire Action Task 03 In this task you are advice to use the AIDA model to convince the target audience to purchase the new brand, explain as to how you will do this task using the model with applicable illustrations and examples. Please note : you need to give information as to how you will carry out this task in real life scenario where you are the brand executive for the brand “Choco wall nut”. 2 2/10/2012 Allocation of Marks Task 01 20% Task 02 20% Task 03 40% Following assignment guidelines 20% Total 100% You are the brand executive of International confectionaries Lanka (Pvt) Ltd. And the company has launched a new brand of chocolates called “Choco wall nut” targeting the youth and young adult segment in the local market. Your marketing manager has requested you to come up with a communication model which he believes can be helpful when setting the communication elements to market the newly launch brand. Explain the AIDA model with a diagram and justify with 3 reasons as to why the AIDA model is suited for this purpose. 3 2/10/2012 Response Hierarchy Models attempts to predict the sequence of mental stages that a consumer passes through on the way to a purchase. These models are useful in the sense that they attempt to prioritize the communication objectives in various stages of the buying process. 4 2/10/2012 Attention : The First Look U Make…. Interest : U want to know about….. Desire : U like to get close to…… Action : The Ultimate Move …… 5 2/10/2012 After explaining the suitability of the AIDA model in task 01, now you are advice to explain as to how the AIDA model can be used to communicate the new product, you need to explain the AIDA steps in detail in this part. Attention Interest Desire Action AIDA Model Gaining the customer Generating the Customer Stimulating the Customer Causing the customer to take ( to buy the product) ( Attention) ( Interest) ( Desire) (Action) 6 2/10/2012 In this task you are advice to use the AIDA model to convince the target audience to purchase the new brand, explain as to how you will do this task using the model with applicable illustrations and examples. Please note : you need to give information as to how you will carry out this task in real life scenario where you are the brand executive for the brand “Choco wall nut”. AIDA Model Gaining the customer Generating the Customer Stimulating the Customer Causing the customer to take ( to buy the product) ( Attention) ( Interest) ( Desire) (Action) 7 2/10/2012 Looking at the AIDA process U may notice that attention & interest stages Advertising and publicity may have higher impact, During the desire and action stages sales promotions, personal selling and direct marketing will become more effective. The set of tools available to a marketer to execute it’s marketing communication activities to it’s target audience in order to market it’s products and services effectively. The Promotional MIX offers Five major tools for Marketers to carryout it’s activities. 1. Advertising 2. Promotions 3. Public Relations( PR) 4. Personal Selling ( PS) 5. Direct Marketing (DM) 8 2/10/2012 Stage Promotional MIX Element Attention Advertising & PR Show some images or write the story board PR talk abut the benefits of the product via a known personality/Doctor etc. via media Interest Advertising & PR How will and advertisement create more interest towards the product explain Desire Advertising – Show the product in real life Sales Promotions – Offer special introductory offers Action Personal Selling Selling-- Push the product to the channel Sales Promotions – Offer special promotions Direct Marketing – Do market sampling and group sales and door 2 door sales etc. Pl. see the assignment sheet ! 9 2/10/2012 Follow assignment guide lines. Format of the assignment as per the assignment sheet. Please read 3 times and understand each task and write the same in your own language. Get someone else to read and explain the same to you. 10 2/10/2012 11