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Marketing Communication Dr. Bandara Wanninayake PhD (TBU – Czech), MBA (Colombo), Bsc. Mktg (Sp) – USJ, Dip. In mktg (UK), Dip. In. Acco. Senior Lecturer Dept. of Marketing Management University of Kelaniya What is Mktg Communication • The process by which the marketer develops and present an appropriate set of communications stimuli to a defined target audience with the intension of eliciting a desired set of response. Tools of Promotional Mix • • • • • • Advertising Sales Promotion Public relations Direct marketing Personal selling Events and Experience Advertising Any paid form of nonpersonal presentation and promotion of ideas, goods or services by an identified sponsor. Advertising Forms of advertising Press, TV, Radio Packaging Brochures Posters and Leaflets Directories Bill boards POS display Symbols and logos Web Ads etc Sales Promotion The variety of short-term incentives to encourage trial or purchase of product or service Main SP forms are, Contests, games Lotteries Preimiums and gifts Sampling Faire and trade shows Exhibition Demonstration Coupon and rebates Low- interest financing etc. Public relations • A variety of programmes designed to promotes or protect a company’s image or its individual products. • Methods of PR • • • • • • • • • • Press kits Speeches Seminars Annual reports Charitable donations Publication Community relations Lobbying Identity media Company magazine Direct marketing • Use of mail, telephone, fax, e-mail or internet to communicate directly with or solicit response or dialogue from specific customer or prospects • Main methods are, • • • • • • • Catalogs Mailings Telemarketing Electronic shopping Fax E mail Door to door marketing Personal selling • Face to face interaction with one or more prospective purchasers for the purpose of marketing presentations, answering questions, and procuring orders. • PS includes, – – – – – Sales presentation Sales meetings Incentive programmes Samples Faire and trade shows etc Events and Experience • Company sponsored activities and programmes designed to promote or protect a company’s image or its individual products • Main methods, • • • • • • • Sports Entertainment Festivals Arts Factory tours Company museums Street activities Steps in Marketing Communications Program Development • Identifying the target audience – Includes assessing the audience’s perceptions of the company, product, and competitors’ company/product image • Developing communication objectives Design the message • Message content – decisions involve the selection of appeal, theme, USP – Types of appeals • Rational appeals • Emotional appeals • Moral appeals Design the message • Structure – Order of argument presentation • Format • Message format decisions vary with the type of media, but may include: – Graphics, visuals – Headline, copy or script – Sound effects, voice qualities – Shape, scent, texture of package Design the message • Source – Message source characteristics can influence attention and recall – Factors underlying perceptions of source credibility: • Expertise • Trustworthiness • Likability Selecting Communication Channels – Personal communication channels – Nonpersonal communication channels Establishing the Marketing Communications Budget – Affordability method – Percentage-of-sales method – Competitive-parity method – Objective-and-task method Deciding on the Marketing Communications Mix • Selection factors – Type of market – Stage of buyer readiness – Stage of product life cycle – Market rank – Promotional Strategies Promotional Strategies • Push • Pull • Profile Measure results • Recognition, recall, attitudes, behavioral responses Questions ???????????????????????????