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7/30/21

Topic 09
FINAL
Promotion
Engaging Consumers and
Communicating Customer Value
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Chapter 12 - slide 1
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Today’s Content
(Promotion Part 1)

What is
“Promotion” and
Basics of its linkage in the
Avertising & PR
strategy firm’s marketing
communication
process?

What is IMC?

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Why PROMOTION?

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A View of the Communication Process

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Steps in Developing Effective Marketing Communication

Identify the target audience

Determine the communication


objectives

Design the message

Choose the media to send the


message

Select message source and


collect feedback

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Steps In Developing Effective Marketing Communication

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About Promotion…

• Promotion mix – The combination of


promotional tools an organization uses.

• The Integrated Marketing


communication (IMC) – a technique
that combines all the promotional tools
into one comprehensive, unified
promotional strategy.
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Integrated Marketing Communications (IMC)

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About Promotion…

• The traditional promotional mix involves


the four tools presented in Fig 16.1 p.
436

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Shaping the Overall Promotional Mix

The company must take steps to see that each promotion mix
element is smoothly integrated.
The various promotion elements should work together to carry
the firm’s unique brand messages and selling points.

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Integrated Marketing Communications


The New Marketing Communications Model
• Consumers are changing.
• Marketing strategies are changing.
• Advances in digital technology

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Integrated Marketing Communications

The New Marketing Communications Model

Content marketing: creating, inspiring, and sharing brand messages and


conversations with and among consumers across a fluid mix of paid, owned,
earned, and shared channels.

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Advertising

Advertising is any paid form of non-personal


presentation and promotion of ideas, goods,
or services by an identified sponsor.

Objectives are classified by primary purpose:


• Inform
• Persuade
• Remind

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Advertising

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Step 1: Setting Advertising Objectives

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Categories of Advertising
• Retail ad – advertising to consumers
• Trade ad – advertising to retailers & wholesalers
• Business to Business ad
• Institutional ad – advertising for company image
rather than for product.
• Advocacy ad - used to support a particular
message or cause.
• Comparison ad
• Interactive ad
• Online ad
• Mobile ad – reaching people on their cellphone.
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Retail ad

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Trade ad

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B2B ad

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Institutional ad

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Advocacy ad

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Interactive ad

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Comparison ad

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Online/ Mobile ad

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Step 2: Setting the Advertising Budget

Factors to Consider

Stage in
product life
cycle

Market
Competition
share

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Step 3: Developing Advertising Strategy

Advertising strategy is the strategy by which the


company accomplishes its advertising objectives and
consists of:
• Creating advertising messages
• Message. & content
• Concept
• Style
• …
• Selecting advertising media
• Determining reach, frequency, impact, and engagement
• Choosing among major media types
• Selecting specific media vehicles
• Choosing media timing

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Developing Advertising Strategy

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Step 4: Evaluating Advertising Effectiveness


and Return on Advertising Investment

1. Return on advertising investment is the net return on


advertising investment divided by the costs of the advertising
investment.

2. Communication effects indicate whether the ad and media are


communicating the ad message well and can be tested before or
after the ad runs.

3. Sales and profit effects compare past sales and profits with
past expenditures or through experiments.

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Advertising
Advertising Considerations
• Product life-cycle stage
• Market share
• Impact
• Effectiveness
• Cost/Budget
• Organizing for advertising
– Agency vs. in-house
• International Advertising Decisions
– Standardization vs. Adaptation
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Public Relations

Public relations involves building good relations with the


company’s various publics by obtaining favorable
publicity, building up a good corporate image, and
handling or heading off unfavorable rumors, stories, and
events.

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Public Relations: Common approaches

1. Press relations or press agency involves the creation and placing of


newsworthy information to attract attention to a person, product, or
service.
2. Product publicity involves publicizing specific products.
3. Public affairs involves building and maintaining national or local
community relations.
4. Lobbying involves building and maintaining relations with legislators
and government officials to influence legislation and regulation.
5. Investor relations involves maintaining relationships with shareholders
and others in the financial community.
6. Development involves public relations with donors or members of
nonprofit organizations to gain financial or volunteer support.
7. …

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Public Relations

The Role and Impact of PR

• Lower cost than


advertising
• Stronger impact on
public awareness than
advertising
• Has power to engage
consumers and make
them part of the brand
story

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Public Relations

Major Public Relations Tools

News Speeches Special events

Corporate
Written Public service
identity
materials materials activities

Buzz Social
Internet
marketing networking

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Reflective Activity 10 (End)

Discuss the changes in promotional


approaches by firms has been
adapting to the changes in the
behaviors of Gen Z (aka - ‘you’), with
successful and failed examples that
you know of.

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Announcement for Session 12


Reflective Journal Submission Group Presentation
• Students download • Session 12 will be conducted
CamScanner or similar apps on Saturday 14/08/2021
to ‘scan’ the whole journal to a (15:30-18:45).
SINGLE PDF file.
• Each group will give a 15-min
live presentation (with PPT or
• Submit the PDF file individually other tools) & 5-min for Q&A.
on E-learning (Deadline: – All members need to take part &
share webcams.
23g59’ Monday 09/08/2021)
– Presentation schedule: Group 1->8

• File name: PMK-1_Full • Bonus marks will be given for


Name_Reflective Journal good questions from other
groups.

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