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Chapter No. 2 Page No. 12

             Advertising and Sales Promotion Management
FUNDAMENTALS OF ADVERTISING


       FUNDAMENTALS OF ADVERTISING


       ADVERTISING IS ONE PART OF THE TOTAL
       MARKETING MIX. IN MARKETING, WE HAVE TO
       ESTABLISH RELATIONSHIP BETWEEN A BRAND
       AND OUR CUSTOMER. ADVERTISING HELPS TO
       ESTABLISH THIS RELATIONSHIP.
Chapter No. 2 Page No. 13

             Advertising and Sales Promotion Management
FUNDAMENTALS OF ADVERTISING




                     ADVERTISING WORLD


       THESE DAYS ADVERTISING IS REGARDED
       AS ANY PAID FORM OF NON-PERSONAL
       COMMUNICATION OF IDEAS,GOODS AND
       SERVICES BY AN IDENTIFIED SPONSOR.
Chapter No. 2 Page No. 13

             Advertising and Sales Promotion Management
FUNDAMENTALS OF ADVERTISING




            ADVERTISING IS OF VARIOUS FORMS


                              IT CAN BE
                        SIGN OR SYMBOL
           ILLUSTRATION OR MESSAGE OR BOTH
       IT CAN BE CONVEYED THROUGH ANY MASS MEDIA
              LIKE TV, RADIO, PRESS OR MAGAZINE.
                     IT IS NON PERSONAL.
Chapter No. 2 Page No. 13

             Advertising and Sales Promotion Management
FUNDAMENTALS OF ADVERTISING




       DEFINITION:


       ADVERTISING IS ONE OF THE IMPORTANT FORCES
       WHICH SERVES THE PUBLIC INTEREST. IT IS A
       FORM OF OPEN COMMUNICATION BETWEEN
       THOSE WHO SELL AND THOSE WHO BUY. IT IS A
       FORM OF ADVOCACY- OPEN TO ANY COMPANY OR
       CAUSE THAT WANTS TO ARGUE ITS CASE. THE
       JURY IS THE PUBLIC. EVERY PURCHASE IS A VOTE.

                                                      =BURT MANNING JWT
Chapter No. 2 Page No. 13

             Advertising and Sales Promotion Management
FUNDAMENTALS OF ADVERTISING

         ADVERTISING AND MASS COMMUNICATION


       MARKETING COMMUNICATION:
       WHEN ADVERTISING MAKES THE RECEIVERS
       FAVOURABLY INCLIND TOWARDS THE PRODUCT.


       MASS COMMUNICATION:
       WHEN THE MESSAGE IS PUT THROUGH THE MASS
       MEDIA FOR A LARGE NUMBER OF PEOPLE.
Chapter No. 2 Page No. 15

              Advertising and Sales Promotion Management
FUNDAMENTALS OF ADVERTISING

           STAGES IN ADVERTISING COMMUNICATION


 ATTENTION: MODELS AND ILLUSTRATIONS USED ALL
            CONTRIBUTE TO ATTENTION - GETTING
            POWER OF AN AD
 INTEREST:     HEAD LINES AND ILLUSTRATIONS MUST WORK
               HARDER TO PROVOKE THE READER TO READ
               THE COPY
 DESIRE:       THE MAIN AIM OF ADVERTISING IS TO CREATE A
               DESIRE TO POSSESS THE SERVICE BEING
               OFFERED A LIVELY COPY AND VARIOUS
               APPEALS ALL USED TO MOTIVATE
 ACTION:       TO INDUCE ACTION, THE MESSAGE IS REPEATED
Chapter No. 2 Page No. 15

             Advertising and Sales Promotion Management
FUNDAMENTALS OF ADVERTISING

      SIX STAGES IN ADVERTISING COMMUNICATION


    AWARENESS:                ABOUT THE PRODUCT
    COMPREHENSION:            THOUGH MARKETING
                              COMMUNICATION
    ACCEPTANCE :              WITH REFERENCE TO NEEDS
    OWNERSHIP:                THROUGH BUYING
    REINFORCEMENT:            TO REDUCE CONSUMER’S
                              ANXIETY
    PURCHASE:                 DECISION
                                                = ROBERT LAVIDGE AND GARY STEINER
Chapter No. 2 Page No. 15

             Advertising and Sales Promotion Management
FUNDAMENTALS OF ADVERTISING

     INTEGRATED MARKETING COMMUNICATION (IMC)


       WHEN MARKETING COMMUNICATION GIVES THE
       CUSTOMERS A FRAGMENTED AND HAZY PICTURE.

       WHEN THERE IS NO INTEGRATION AMONGST
       MARKETING EFFORTS AND THE COMMUNICATION.

       IT MAKES A SINGLE – MINDED FOCUSSED
       COMMUNICATION.

       ITS CONSISTENCY AND COST EFFECTIVENESS ARE
       ITS MAIN MERITS.
Chapter No. 2 Page No. 16

             Advertising and Sales Promotion Management
FUNDAMENTALS OF ADVERTISING

         ADVERTISING AND MARKETING
 ADVERTISING NEVER DETERMINES
     HOW A PRODUCT WILL BE DESIGNED
     HOW IT WILL BE DISTRIBUTED
     AT WHAT PRICE


 THE DECISIONS ABOUT
   PRODUCT, DISTRIBUTION AND PRICING
       MUST BE MADE BEFORE
       ADVERTISING IS ALLOWED TO PLAY ITS ROLE.
Chapter No. 2 Page No. 17

             Advertising and Sales Promotion Management
FUNDAMENTALS OF ADVERTISING

       CONSUMER NEEDS CAN BE MET BY
       MANAGING THE FOUR VARIABLES (PS)
       THAT MAKE –UP THE MARKETING MIX.


           PRODUCT
           PRICE
           PLACE (DISTRIBUTION)
              AND
           PROMOTION.
Chapter No. 2 Page No. 17

             Advertising and Sales Promotion Management
FUNDAMENTALS OF ADVERTISING


                         MARKETING MIX


       PRODUCT                                       PRICE


       BRAND                                         PRICING STRATEGY
       PACKAGING                                     PRICE AND QUALITY
       INNOVATIONS                                   PRICE ALTERATIONS
       LIFE CYCLE                                    DISCOUNTS
Chapter No. 2 Page No. 17

             Advertising and Sales Promotion Management
FUNDAMENTALS OF ADVERTISING


                         MARKETING MIX


     PROMOTION                       PLACE

     ADVERTISING                     CHANNELS OF DISTRIBUTION

     PERSONAL SELLING               PHYSICAL DISTRIBUTION

     PUBLIC RELATION                WHOLESALERS,RETAILERS

     SALES PROMOTION
Chapter No. 2 Page No. 17

             Advertising and Sales Promotion Management
FUNDAMENTALS OF ADVERTISING


                              PRODUCT

                     A PRODUCT IS JUST NOT A
   ‘BUNDLE OF PHYSICAL AND CHEMICAL CHARACTERISTICS’
                     IT IS SOMETHING THAT
              OFFERS VALUE TO THE CUSTOMERS
                     BY MAKING AVAILABLE
              BENEFITS THAT HE WANTS TO SATISFY HIS
                     NEEDS AND WANTS.
Chapter No. 2 Page No. 18

             Advertising and Sales Promotion Management
FUNDAMENTALS OF ADVERTISING


                                 PRICE

       PRICE IS THE VALUE OFFERED IN EXCHANGE OF
       PRODUCT IN TERMS OF MONEY

                               COVERS

       COST OF MANUFACTURING A PRODUCT
       COST OF OFFICE AND ADMINISTRATION
       COST OF DISTRIBUTION AND PROMOTION
       PROFIT
Chapter No. 2 Page No. 18

             Advertising and Sales Promotion Management
FUNDAMENTALS OF ADVERTISING


                          DISTRIBUTION

  DISTRIBUTION IS THE MOVEMENT OF PRODUCTS FROM
               PRODUCER TO THE CUSTOMER.
                           IT INVOLVES
                          TRANSPORTATION
                         WAREHOUSING AND
                               INVENTORY
   ADVERTISING DECISIONS ARE CO - ORDINATED WITH
                   DISTRIBUTION DECISIONS
Chapter No. 2 Page No. 18

             Advertising and Sales Promotion Management
FUNDAMENTALS OF ADVERTISING


                           PROMOTION

  PROMOTION IS THE ‘ TECHNIQUE OF COMMUNICATION ’


              ADVERTISING IS USED ALONGWITH
                         PERSONAL SELLING
                        PUBLIC RELATION
                        DIRECT MARKETING
                                   AND
                        SALES PROMOTION
Chapter No. 2 Page No. 19

             Advertising and Sales Promotion Management
FUNDAMENTALS OF ADVERTISING


                   TYPES OF ADVERTISING



     THE ADS ARE CLASSIFIED ON THE BASIS OF THEIR

        TARGETING (AUDIENCE)
        GEOGRAPHIC SELECTIVITY
        MEDIA SELECTIVITY
        ADVERTISING OBJECTIVES
Chapter No. 2 Page No. 21

             Advertising and Sales Promotion Management
FUNDAMENTALS OF ADVERTISING


                FUNCTIONS OF ADVERTISING


       INFORMS THE BUYERS ABOUT THE EXISTENCE OF
       THE PRODUCT
       OFFERS INCENTIVE TO BUY
       PROVOKES TO TRY AND REMINDS BENEFITS
       BUILDS BRANDS (GIVES IMAGE)
       HELPS TO CHOOSE OUT OF SEVERAL BRANDS
       COST EFFECTIVE WAY TO REACH CONSUMERS
       IT PERSUADES PEOPLE TO ACT.

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Fundamentals of Advertising

  • 1. Chapter No. 2 Page No. 12 Advertising and Sales Promotion Management FUNDAMENTALS OF ADVERTISING FUNDAMENTALS OF ADVERTISING ADVERTISING IS ONE PART OF THE TOTAL MARKETING MIX. IN MARKETING, WE HAVE TO ESTABLISH RELATIONSHIP BETWEEN A BRAND AND OUR CUSTOMER. ADVERTISING HELPS TO ESTABLISH THIS RELATIONSHIP.
  • 2. Chapter No. 2 Page No. 13 Advertising and Sales Promotion Management FUNDAMENTALS OF ADVERTISING ADVERTISING WORLD THESE DAYS ADVERTISING IS REGARDED AS ANY PAID FORM OF NON-PERSONAL COMMUNICATION OF IDEAS,GOODS AND SERVICES BY AN IDENTIFIED SPONSOR.
  • 3. Chapter No. 2 Page No. 13 Advertising and Sales Promotion Management FUNDAMENTALS OF ADVERTISING ADVERTISING IS OF VARIOUS FORMS IT CAN BE SIGN OR SYMBOL ILLUSTRATION OR MESSAGE OR BOTH IT CAN BE CONVEYED THROUGH ANY MASS MEDIA LIKE TV, RADIO, PRESS OR MAGAZINE. IT IS NON PERSONAL.
  • 4. Chapter No. 2 Page No. 13 Advertising and Sales Promotion Management FUNDAMENTALS OF ADVERTISING DEFINITION: ADVERTISING IS ONE OF THE IMPORTANT FORCES WHICH SERVES THE PUBLIC INTEREST. IT IS A FORM OF OPEN COMMUNICATION BETWEEN THOSE WHO SELL AND THOSE WHO BUY. IT IS A FORM OF ADVOCACY- OPEN TO ANY COMPANY OR CAUSE THAT WANTS TO ARGUE ITS CASE. THE JURY IS THE PUBLIC. EVERY PURCHASE IS A VOTE. =BURT MANNING JWT
  • 5. Chapter No. 2 Page No. 13 Advertising and Sales Promotion Management FUNDAMENTALS OF ADVERTISING ADVERTISING AND MASS COMMUNICATION MARKETING COMMUNICATION: WHEN ADVERTISING MAKES THE RECEIVERS FAVOURABLY INCLIND TOWARDS THE PRODUCT. MASS COMMUNICATION: WHEN THE MESSAGE IS PUT THROUGH THE MASS MEDIA FOR A LARGE NUMBER OF PEOPLE.
  • 6. Chapter No. 2 Page No. 15 Advertising and Sales Promotion Management FUNDAMENTALS OF ADVERTISING STAGES IN ADVERTISING COMMUNICATION ATTENTION: MODELS AND ILLUSTRATIONS USED ALL CONTRIBUTE TO ATTENTION - GETTING POWER OF AN AD INTEREST: HEAD LINES AND ILLUSTRATIONS MUST WORK HARDER TO PROVOKE THE READER TO READ THE COPY DESIRE: THE MAIN AIM OF ADVERTISING IS TO CREATE A DESIRE TO POSSESS THE SERVICE BEING OFFERED A LIVELY COPY AND VARIOUS APPEALS ALL USED TO MOTIVATE ACTION: TO INDUCE ACTION, THE MESSAGE IS REPEATED
  • 7. Chapter No. 2 Page No. 15 Advertising and Sales Promotion Management FUNDAMENTALS OF ADVERTISING SIX STAGES IN ADVERTISING COMMUNICATION AWARENESS: ABOUT THE PRODUCT COMPREHENSION: THOUGH MARKETING COMMUNICATION ACCEPTANCE : WITH REFERENCE TO NEEDS OWNERSHIP: THROUGH BUYING REINFORCEMENT: TO REDUCE CONSUMER’S ANXIETY PURCHASE: DECISION = ROBERT LAVIDGE AND GARY STEINER
  • 8. Chapter No. 2 Page No. 15 Advertising and Sales Promotion Management FUNDAMENTALS OF ADVERTISING INTEGRATED MARKETING COMMUNICATION (IMC) WHEN MARKETING COMMUNICATION GIVES THE CUSTOMERS A FRAGMENTED AND HAZY PICTURE. WHEN THERE IS NO INTEGRATION AMONGST MARKETING EFFORTS AND THE COMMUNICATION. IT MAKES A SINGLE – MINDED FOCUSSED COMMUNICATION. ITS CONSISTENCY AND COST EFFECTIVENESS ARE ITS MAIN MERITS.
  • 9. Chapter No. 2 Page No. 16 Advertising and Sales Promotion Management FUNDAMENTALS OF ADVERTISING ADVERTISING AND MARKETING ADVERTISING NEVER DETERMINES HOW A PRODUCT WILL BE DESIGNED HOW IT WILL BE DISTRIBUTED AT WHAT PRICE THE DECISIONS ABOUT PRODUCT, DISTRIBUTION AND PRICING MUST BE MADE BEFORE ADVERTISING IS ALLOWED TO PLAY ITS ROLE.
  • 10. Chapter No. 2 Page No. 17 Advertising and Sales Promotion Management FUNDAMENTALS OF ADVERTISING CONSUMER NEEDS CAN BE MET BY MANAGING THE FOUR VARIABLES (PS) THAT MAKE –UP THE MARKETING MIX. PRODUCT PRICE PLACE (DISTRIBUTION) AND PROMOTION.
  • 11. Chapter No. 2 Page No. 17 Advertising and Sales Promotion Management FUNDAMENTALS OF ADVERTISING MARKETING MIX PRODUCT PRICE BRAND PRICING STRATEGY PACKAGING PRICE AND QUALITY INNOVATIONS PRICE ALTERATIONS LIFE CYCLE DISCOUNTS
  • 12. Chapter No. 2 Page No. 17 Advertising and Sales Promotion Management FUNDAMENTALS OF ADVERTISING MARKETING MIX PROMOTION PLACE ADVERTISING CHANNELS OF DISTRIBUTION PERSONAL SELLING PHYSICAL DISTRIBUTION PUBLIC RELATION WHOLESALERS,RETAILERS SALES PROMOTION
  • 13. Chapter No. 2 Page No. 17 Advertising and Sales Promotion Management FUNDAMENTALS OF ADVERTISING PRODUCT A PRODUCT IS JUST NOT A ‘BUNDLE OF PHYSICAL AND CHEMICAL CHARACTERISTICS’ IT IS SOMETHING THAT OFFERS VALUE TO THE CUSTOMERS BY MAKING AVAILABLE BENEFITS THAT HE WANTS TO SATISFY HIS NEEDS AND WANTS.
  • 14. Chapter No. 2 Page No. 18 Advertising and Sales Promotion Management FUNDAMENTALS OF ADVERTISING PRICE PRICE IS THE VALUE OFFERED IN EXCHANGE OF PRODUCT IN TERMS OF MONEY COVERS COST OF MANUFACTURING A PRODUCT COST OF OFFICE AND ADMINISTRATION COST OF DISTRIBUTION AND PROMOTION PROFIT
  • 15. Chapter No. 2 Page No. 18 Advertising and Sales Promotion Management FUNDAMENTALS OF ADVERTISING DISTRIBUTION DISTRIBUTION IS THE MOVEMENT OF PRODUCTS FROM PRODUCER TO THE CUSTOMER. IT INVOLVES TRANSPORTATION WAREHOUSING AND INVENTORY ADVERTISING DECISIONS ARE CO - ORDINATED WITH DISTRIBUTION DECISIONS
  • 16. Chapter No. 2 Page No. 18 Advertising and Sales Promotion Management FUNDAMENTALS OF ADVERTISING PROMOTION PROMOTION IS THE ‘ TECHNIQUE OF COMMUNICATION ’ ADVERTISING IS USED ALONGWITH PERSONAL SELLING PUBLIC RELATION DIRECT MARKETING AND SALES PROMOTION
  • 17. Chapter No. 2 Page No. 19 Advertising and Sales Promotion Management FUNDAMENTALS OF ADVERTISING TYPES OF ADVERTISING THE ADS ARE CLASSIFIED ON THE BASIS OF THEIR TARGETING (AUDIENCE) GEOGRAPHIC SELECTIVITY MEDIA SELECTIVITY ADVERTISING OBJECTIVES
  • 18. Chapter No. 2 Page No. 21 Advertising and Sales Promotion Management FUNDAMENTALS OF ADVERTISING FUNCTIONS OF ADVERTISING INFORMS THE BUYERS ABOUT THE EXISTENCE OF THE PRODUCT OFFERS INCENTIVE TO BUY PROVOKES TO TRY AND REMINDS BENEFITS BUILDS BRANDS (GIVES IMAGE) HELPS TO CHOOSE OUT OF SEVERAL BRANDS COST EFFECTIVE WAY TO REACH CONSUMERS IT PERSUADES PEOPLE TO ACT.