Marketing Activities

advertisement
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Radio Advertising is Good when......
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You need to reach local markets
You have enough budget to advertise on
several stations
You have a simple message
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Cost and efficiency
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Selectivity
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Flexibility
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Mental Imagery
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Integrated marketing opportunities
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Creative limitations
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Fragmentation
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Chaotic buying procedures
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Limited research data
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Limited listener attention
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Clutter
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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
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Your message can be grasped in 30 seconds
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You have an ample budget
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Costs
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Lack of selectivity
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Fleeting message
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Clutter
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Limited viewer attention
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Distrust and negative evaluation
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Creativity and impact
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Coverage and cost effectiveness
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Captivity and attention
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Selectivity and flexibility
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You need to target special interest groups
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Magazine readers regularly read the ads
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A static, visual message can work well
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Customers are looking in the magazine for
information on products they are seeking
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Selectivity
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Reproduction Quality
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Creative flexibility
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Permanence
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Prestige
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Consumer receptivity and involvement
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Services
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Costs
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Limited reach and frequency
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Long lead time
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Clutter and competition
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Your target market segments are local
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A special interest group lines up well with a
particular newspaper section
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An incentive is being advertised, or
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A special event of somewhat broad interest is
being advertised
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Extensive penetration
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Flexibility
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Geographic selectivity
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Reader involvement and acceptance
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Services offered
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Poor reproduction
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Short life span
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Lack of selectivity
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Clutter
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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
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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
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Getting attention
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Getting trial
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Getting purchase
But again, be careful what message is conveyed
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It is an extra incentive
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It is a sales accelerator, often
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The channel is the target
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It can be consumer oriented, trade oriented,
or aimed at business customers
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Power of retailers
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Lower brand loyalty
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More sensitivity to promotion
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More brands
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Fragmented consumer market
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Short term view
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More accountability
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Competition
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Clutter
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Manage relationship with publics e.g. :
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Consumers
Government
Community
Investors
Employees
General public
Industry
News media
Publicity is managing relationships with news
media
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Credibility
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Cost
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Avoid clutter
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Generate leads
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Access to small groups
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Images building
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Loss of control
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Hard to measure
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Incomplete communication
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