Marketing Management: Click To Edit Master Subtitle Style

You might also like

Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 12

Marketing Management

Lec-6

Click to edit Master subtitle style

Sanmandeep Kaur 4/16/12

Promotion : Positioning , Integrating Marketing communication

4/16/12

Promotion

Every activity undertaken to communicate with target and prospective customers using different media options.

4/16/12

Positioning
Perception Belief

of consumers.

of customers.

Buying

behaviors depends a lot on the positioning of a product.

4/16/12

Elements of Positioning
1.Target Market Right market Right segment Special competencies Target mkt alternatives :a)Undifferentiated targeting Mass market strategy Unified market 4/16/12 Homogeneous needs

b)Concentrated Targeting Single segment Needs of target customers c)Multi-segment Targeting Two or more segments High sales , profits, market share , economies of scale. High exp also-production , promotion 4/16/12 , inventory , market

2. Differential Advantage Advantage over competitor. 3. Communicating the differential advantage to customers. Appropriate Offering Promotional activities

4/16/12

Positioning , Differentiation & Marketing Mix Product differentiation


Promotional Distribution Price

differentiation differentiation

differentiation

4/16/12

Criteria for successful Positioning


1.Clarity 2.Consistency 3.Credibility 4.Competitiveness 5.Sine-Qua Non of positioning Dos & Donts of successful positioning:a)Clear & Precise b)Different positioning appeal 4/16/12 c)Different from competitors

Integrated Marketing Communication


Inform

, Persuade , remind customers about the brand of the brand

Voice

Customers

understand-What , who and whereabouts of the brand & the company.


4/16/12

Marketing communication mix


1.Advertising 2.Sales promotion 3.Events & Experiences 4.Public relations & publicity 5.Direct Marketing 6.Interactive Marketing 7.Word-of-Mouth marketing 8.Personal Selling
4/16/12

Integration of Communication Channels


Personal

communication is more effective than mass communication but mass communication has to be strong to give the right message.

4/16/12

You might also like