Lamb, Hair, McDaniel MKTG2007-2008 15 CHAPTER Designed by Amy McGuire, B-books, Ltd. Chapter 15 Advertising and Public Relations 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 effects of advertising on market share and consumers LO2 Identify the major types of advertising LO3 Discuss the creative decisions in developing an advertising campaign Chapter 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 2 Learning Outcomes LO4 Describe media evaluation and selection techniques LO5 Discuss the role of public relations in the promotional mix Chapter 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 3 LO1 The Effects of Advertising Discuss the effects of advertising on market share and consumers Chapter 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 4 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 Ad budgets of some firms are almost $4 billion annually LO1 Chapter 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 5 The Effects of Advertising Top Ten Leaders by U.S. Advertising Spending LO1 Chapter 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 6 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. New brands require higher spending to reach a minimum level of exposure needed to affect purchase habits. LO1 Chapter 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 7 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 15 Advertising can affect consumer ranking of a brand’s attributes. Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 8 LO1 REVIEW LEARNING OUTCOME Effects of Advertising Chapter 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 9 LO2 Major Types of Advertising Identify the major types of advertising Chapter 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 10 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 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 11 Major Types of Advertising Institutional Advertising Corporate identity Advocacy advertising Pioneering Product Advertising LO2 Chapter 15 Competitive Comparative Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 12 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 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 13 LO2 REVIEW LEARNING OUTCOME The Major Types of Advertising Chapter 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 14 LO3 Creative Decisions in Advertising Discuss the creative decisions in developing an advertising campaign Chapter 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 15 Creative Decisions in Advertising Advertising Campaign A series of related advertisements focusing on a common theme, slogan, and set of advertising appeals. LO3 Chapter 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 16 Creative Decisions in Advertising Determine the advertising objectives Make creative decisions LO3 Chapter 15 Make media decisions Evaluate the campaign Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 17 Setting Objectives: The DAGMAR Approach Define target audience Define desired percentage change Define the time frame for change LO3 Chapter 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 18 Creative Decisions Identify product benefits Develop and evaluate advertising appeals Execute the message Evaluate the campaign’s effectiveness LO3 Chapter 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 19 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 15 Ask “So?” to determine if it is a benefit Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 20 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 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 21 Advertising Appeals LO3 Chapter 15 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 22 Unique Selling Proposition Unique Selling Proposition A desirable, exclusive, and believable advertising appeal selected as the theme for a campaign. LO3 Chapter 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 23 Executing the Message Scientific Slice-of-Life Musical Lifestyle Spokesperson/ Testimonial Demonstration Mood or Image LO3 Chapter 15 Fantasy Real/ Animated Product Symbols Humorous Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 24 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 15 Execute message Evaluate campaign results Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 25 LO4 Media Decisions in Advertising Describe media evaluation and selection techniques Chapter 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 26 Media Decisions in Advertising LO4 Chapter 15 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 27 Major Advertising Media Newspapers Magazines Radio Television Outdoor Media Yellow Pages LO4 Chapter 15 Internet Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 28 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 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 29 Beyond the Book LO4 Free Newspapers? Chapter 15 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 low ad rates and the target market will be a valuable proposition to advertisers. SOURCE: Joseph T. Hallinan, “Do New Free Dailies Mean Sun is Setting for Paid Newspapers?,” Wall Street Journal, April 5, 2006, B1. Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 30 Cooperative Advertising Cooperative Advertising An arrangement in which the manufacturer and the retailer split the costs of advertising the manufacturer’s brand. LO4 Chapter 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 31 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 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 32 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 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 33 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 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 34 Chapter 15 The number of ads in TV shows is a longstanding complaint of viewers and advertisers. The media is cluttered and consumers change channels or speed through 05 commercials on 04 a DVR. Tests are being conducted to feature shorter commercial pods. Year Beyond the Book LO4 TV Advertising: Is Less More? 03 02 01 2000 13.5 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 35 Outdoor Media Advantages Repetition Moderate cost Flexibility Geographic selectivity Disadvantages Short message Lack of demographic selectivity High “noise” level LO4 Chapter 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 36 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 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 37 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 15 Advertainments Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 38 Beyond the Book LO4 Videogame Advertising Chapter 15 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 39 Beyond the Book LO4 Directory Assistance Advertising Chapter 15 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. Dial 1-800-FREE411 or 1-800-411-METRO SOURCE: Rebecca Buckman, “Your Listing, and a Word From Our Sponsor,” Wall Street Journal, April 20,2006, B1. Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 40 Qualitative Factors in Media Selection Attention to the commercial and the program Program liking Lack of distractions Other audience behaviors LO4 Chapter 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 41 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 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 42 Beyond the Book LO4 Media Scheduling on the Web Chapter 15 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 times is a more efficient use of ad dollars and more targeted. SOURCE: David Kesmodel, “More Marketers Place Web Ads by Time of Day,” Wall Street Journal, June 23, 2006, B1. Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 43 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 15 Spring Summer Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved Fall 44 LO5 Public Relations Discuss the role of public relations in the promotional mix Chapter 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 45 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 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 46 LO5 Functions of Public Relations Press relations Product publicity Corporate communication Public affairs Lobbying Employee and investor relations Crisis management Chapter 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 47 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 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 48 Beyond the Book LO5 Example of Consumer Education Chapter 15 Corporations are teaching public school students about personal finance. People under age 25 are a fast-growing group for credit card debt increases and bankruptcy. Is it appropriate to use educational materials with a corporate identity? How should financial literacy be taught? SOURCE: Diya Gullapalli, “Your Kid’s Teacher: The Bank,” Wall Street Journal, April 8-9, 2006, B1. Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 49 LO5 Managing Unfavorable Publicity Crisis Management A coordinated effort to handle the effects of unfavorable publicity or of an unfavorable event. Chapter 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 50 Biz Flix LO5 Chapter 15 EdTV Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 51 LO5 REVIEW LEARNING OUTCOME The Role of Public Relations Chapter 15 Copyright ©2008 by South-Western, a division of Thomson Learning. All rights reserved 52