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Transcript
CHAPTER 16:
Be Creative With
Advertising
Mrs. Piotrowski
Principles of Marketing
1
SECTION 1:
WHAT IS ADVERTISING?
2
ADVERTISING
- any paid form of non-personal promotional
communication by an identified sponsor. It is paid
for by an organization and sent to an audience
through a mass medium. (The name of the sponsor
is clearly stated, and that sponsor controls the
message that is sent.)
- Used by for profit companies and churches,
educational institutions, political organizations and
government agencies.
3
ADVERTISING FACTS:
1. In the US, total advertising are over $250
billion a year.
2. Companies rely heavily on advertising to
drive demand for their products and services.
3. Developing targeted, effective ads is a
lengthy and expensive process.
4. In addition to delivering a message,
advertising typically aims to sell a specific
product, build a brand or, most often, a
combination of the two.
4
List 3 product advertisements
you have seen or heard
recently.
What medium was used for
each ad?
5
Have you seen or
heard the same
product advertised
using a different
medium?
5
5
5
TWO APPROACHES TO
ADVERTISING
1. Product Advertising gives the benefits of a
specific product or service. It gives at least one
product attribute as a reason for purchasing a
product. “Phillips energy-saving light bulbs save
money on your power bill.”
2. Brand Advertising aims to build an image.
• A brand is the accumulation of all the tangible
and intangible qualities of a company or product
line. These elements create brand character.
IE: Coca-Cola..taste, color, fun, young…
6
TWO APPROACHES TO
ADVERTISING
1. Brand advertising uses common elements
to define what a product or company
stands for and to give it a personality in
the minds of consumers.
2. Advertising for a company is called
corporate advertising.
7
TWO APPROACHES TO
ADVERTISING
1. Brand advertising examples: A buick
commercial on tv or a McDonald’s ad on a
billboard
2. Product advertising examples: A
Campbell’s soup commercial on tv or a max
factor cosmetic ad in a magazine.
**Almost all advertising is a mix of product
and brand advertising
8
THE ADVERTISING AGENCY
An advertising agency is a company that specializes in creating
advertising.
There are many roles that people play at an
advertising agency:
• Account executive – the key liaison between the client and
the agency.
• Account planner – spends time on finding the target
market
9
THE ADVERTISING AGENCY
•Media planner – the person who develops the media plan
which is a detailed listing of where and when ads will run.
•Art director – has talent in design and responsible for how
the ad will look.
•Copywriter – background in writing and writes the
copy/text/words for the ad
•Creative director – oversees the creative team..makes sure it
conveys the right message.
•Producer – facilitates everything that goes on once client is
on board and also responsible 10for staying on budget.
SECTION 2:
ADVERTISING PLANNING
11
Think of an ad that you’ve seen that
seems to be out of place (wrong
medium, wrong time, etc.).
What medium and/or time
would have been more
appropriate? Why?
12
THE PLANNING PROCESS
• An advertising plan is a document that
outlines the activities to be completed and
resources needed to create advertising.
• An advertising campaign is a series of
related advertisements with a similar look, feel,
and theme that centers on a specific product,
service, or brand.
13
THE PLANNING PROCESS
1. Set Objectives – the desired results to be
accomplished within a certain period of time.
Elements
Sales Objective
Communication
Target Market
Plan for Seaside Resorts
Increase reserved summer rentals
by 10% by February 15
Make reservations by February 15
and save $100 off the weekly rate
Families living in California who
spend one week or more at the
14
beach every
year
THE PLANNING PROCESS
2.
•
•
•
Determine the Budget – 4 methods….
What you can afford
Percentage of sales (Sales x ___%)
Competition matching (Frosty’s spends same as
Dairy Queen)
• Objective and task (most effective)
15
THE PLANNING PROCESS
3. Develop the Creative Strategy – how the
company positions its brand or product in its
advertising
Strategic brief – members of the team write a
short document that defines the target market
and articulates the main message of the
advertising….guides the rest of the process.
16
SELECTING THE MEDIA
Cost
 What is the total cost of the medium?
 What is the cost per viewer?
 Does the cost fit into the advertising budget?
 Is it the most effective use of advertising dollars?
Reach
 What is the overall circulation or viewership?
 Will it reach the target audience?
 Is there a strong pass-along rate?
(total number of
people who see
the ad)
Frequency
(# of times
target
audience
members are
exposed to ad)
 How often will the target audience see the advertising
message?
 How many viewings does it take for the message to
“stick”?
 After how many viewings does “wear-out” occur?
17
SELECTING THE MEDIA
(amount of
time required
to place an
ad)
 How long before running the advertising does the
medium outlet require the ad materials?
 How flexible is this medium?
 Can the ad materials be ready by the medium’s
deadline?
Creative,
Brand, and
Corporate Fit
 Does the medium fit the message?
 Is the medium a good fit for the brand?
 Does the medium fit the company philosophy?
Lead Time
18
ADVANTAGES & DISADVANTAGES
OF ADVERTISING MEDIA
Television
Radio
 Reaches large
audiences
 Low cost per viewer
 Has emotional impact
 Highly segmented
markets
 Highly mobile
 Relatively low cost
 Short lead time
 Highly segmented
markets
19
 High total cost
 Long lead time
 Strong potential for
interference from
other sources
 Message limited to
audio
 Strong potential for
interference from
other sources
ADVANTAGES & DISADVANTAGES
OF ADVERTISING MEDIA
Outdoor
 Low cost
 High visibility
 Short lead time
 Increasingly regulated
 Message length is
limited
 Strong potential for
interference from
other sources
Direct Mail
 Highly segmented
 Easy to measure
effectiveness
 Stimulates action
 Hidden from
competition
 Often considered junk
mail
 Expensive
20
ADVANTAGES & DISADVANTAGES
OF ADVERTISING MEDIA
Magazines
Newspapers
 Long life span
 Can carry response
vehicles (coupons,
 response cards)
 High pass-along rate
 Highly segmented
 Short lead time
 Large circulation
 Can carry response
vehicles (coupons)
 Inexpensive
21
 High cost
 Long lead time
 Lower print quality
 Short life
 Limited segmentation
 High clutter
(competing ads)
ADVANTAGES & DISADVANTAGES
OF ADVERTISING MEDIA
Internet
 Highly targeted
 Instantly measurable
 Built-in response
vehicles
 Interactive
22
 Limited audience
 High clutter
(competing ads)
 Security and privacy
concerns
SECTION 3:
ADVERTISING EXECUTION &
EVALUATION
23
List the things you like and
dislike about the following ads:
CREATIVE DEVELOPMENT
Common creative formats used:
•
Musical (jingle, famous musicians)
•
https://www.youtube.com/watch?v=OegkqxwbPEM
•
https://www.youtube.com/watch?v=ib-Qiyklq-Q
•
Dramatization (make it feel real)
•
https://www.youtube.com/watch?v=pNFOQgVQ4KU&list=PL2EB2BD99357
2B91A
https://www.youtube.com/watch?v=Utfpi5AATK8&list=PL3337D55AA96AED47&
index=10
•
•
Testimonial (celebrities, everyday people)
•
https://www.youtube.com/watch?v=DqTuTApkldM&list=PL2Rf1R6EcGZRoExIlBVuCf0VatUkPXkp
•
Comedy
•
https://www.youtube.com/watch?v=QkGdTTw99aE
•
•
•
•
Image advertising – evokes a mood or image of a brand
https://www.youtube.com/watch?v=zpUXbj-J7V4
Product demonstration
25
https://www.youtube.com/user/RotoRooterTV?v=24v2tX_0CX8
Top 10 Business Logos
• https://www.youtube.com/watch?v=dQV1b57F8D0
Top 10 Hidden Meanings In Famous Logos
•
https://www.youtube.com/watch?v=nL1hqRqYeKs
Famous Logos With Hidden Meanings
•
https://www.youtube.com/watch?v=XkBNbcMR_Uo
• 10 Hidden Messages In Famous Logos
•
https://www.youtube.com/watch?v=Gx2t7OfhaG0
26
10 Companies That Will Disappear In 2015
• https://www.youtube.com/watch?v=KYyY-CCEEr8
Coolest Marketing Campaigns and Ideas Ever
• http://youtu.be/VErg8ZgdOB8
27
PRODUCTION
Creating and producing
the advertising begins
with the strategic brief,
a short document that defines
the target market &
articulates the main message
of the advertising.
28
GAUGING EFFECTIVENESS
Advertisers must evaluate campaigns to measure
their effectiveness:
• Quantitative Research involves collecting
data that can be classified into meaningful
numeric values.
• Qualitative Research interprets the why and
how of people’s opinions.
29
REGULATING ADVERTISING
Government agencies such as the Federal Trade
Commission (FTC) and Federal Communications
Commission (FCC) oversee all commerce and
commercial communication in the United States.
30
CORRECTIVE ACTIONS
When advertisers fail to meet their claims, there are a
number of corrective measures that can be imposed
by the FTC:
• Cease-and-desist Order – a legal order to
discontinue the deceptive advertising.
• Corrective Ads – ads run to correct any false
impressions left by the deceptive ads
• Fines – monetary penalties imposed on the
offending company
31
METHODS OF ADVERTISING
Pulsing – advertisers increase their advertising
efforts during a specific period….ie: toy
companies at Christmas time
Continuity – the ad will be regularly scheduled
throughout the year… ie: car companies, beer
companies, clothing store
32