Download Slide 1

Survey
yes no Was this document useful for you?
   Thank you for your participation!

* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project

Document related concepts

Target audience wikipedia , lookup

Product placement wikipedia , lookup

Green marketing wikipedia , lookup

Market penetration wikipedia , lookup

Touchpoint wikipedia , lookup

Billboard wikipedia , lookup

Aerial advertising wikipedia , lookup

Audience measurement wikipedia , lookup

Ad blocking wikipedia , lookup

Multicultural marketing wikipedia , lookup

Product planning wikipedia , lookup

Direct marketing wikipedia , lookup

Digital marketing wikipedia , lookup

Marketing channel wikipedia , lookup

Viral marketing wikipedia , lookup

Neuromarketing wikipedia , lookup

Brand loyalty wikipedia , lookup

Bayesian inference in marketing wikipedia , lookup

Marketing communications wikipedia , lookup

Brand equity wikipedia , lookup

Brand awareness wikipedia , lookup

Brand ambassador wikipedia , lookup

Ambush marketing wikipedia , lookup

Emotional branding wikipedia , lookup

Global marketing wikipedia , lookup

Youth marketing wikipedia , lookup

Marketing strategy wikipedia , lookup

Television advertisement wikipedia , lookup

Marketing plan wikipedia , lookup

Integrated marketing communications wikipedia , lookup

Online advertising wikipedia , lookup

Marketing mix modeling wikipedia , lookup

Sensory branding wikipedia , lookup

Targeted advertising wikipedia , lookup

Advertising wikipedia , lookup

Advertising campaign wikipedia , lookup

Advertising management wikipedia , lookup

Transcript
Planning Advertising and
Integrated Brand
Promotion
Marketing 3344
Advertising Plan and Its
Marketing Context
Marketing Plan
Ad Plan
Specifies thinking and tasks needed to
conceive and implement an effective
advertising effort
Advertising Plan Components
Introduction
Situation Analysis
Objectives
Budgeting
Strategy
Execution
Evaluation
Advertising Plan Components
Introduction
Executive summary
Overview
Historical context
Industry analysis
Situation Analysis
Market analysis
Competitor Analysis
Ad in Context Example
Historical context is an
important consideration
in developing an
advertising plan for a
brand.
Advertising Plan Components:
Objectives






To create or maintain brand awareness.
To change consumer beliefs or attitudes.
To influence purchase intent.
To stimulate trial use.
To convert one-time users into repeat
purchasers.
To encourage brand switching.
Sales vs. Communication
Objectives
Advertising = Sales?
Advertising = Communication?
Effective Communication = Sales?
Focusing on communications
objectives allows advertisers to
consider a broad range of strategies.
Building brand loyalty can take
years.
Advertising Plan Components:
Objectives
Characteristics of
Workable
Objectives
Quantitative benchmarks
Measurement methods
Criteria for success
Time frame
Advertising Plan Components:
Budgeting
Percentage of sales
–Does not relate spending to objectives
Budgeting
Methods
Share of market/voice
–Likely to maintain “status quo” market
share
Response models
–Depends on sales = advertising
relationship
Objective and Task
–Preferred and strategic
Implementing Objective and Task
Budgeting
Determine cost
based on build-up
analysis
Compare costs against
industry and corporate
benchmarks
•Production costs
•Ancillary costs
•Other promotion/IBP
•Reach
•Frequency
•Time frame
•Media
Reconcile and
modify budget
Determine time
Frame for payout
Advertising Plan Components
Strategy
Brand name recognition?
–Repetition and frequency
–Rhyming games
Trial Use Stimulation?
–Introductory offers
–Product guarantees
Brand Switching?
–Value Propositions
–Product comparisons
Ad in Context Example
What is the
strategy in this ad?
Advertising Plan Components
Execution
Evaluation
Copy strategy
Media plan
Integrated brand promotion
Criteria
Methods
Consequences
The Role of the Advertising Agency
in Planning Advertising and IBP
 Advertiser must bring to the table an assessment of
the brand’s value, the external environment, and
opportunities and threats.
 The advertising agency’s role is to translate the
current marketing plan and market status of the brand
into:
– advertising objectives
– advertising strategies
– finished advertisements and IBP materials
– placement and execution of advertising and IBP