SlideShare a Scribd company logo
1 of 13
A GUIDE TO EFFECTIVE
             ADVERTISING
                                        Sem VIII Unit I



1    Peeyush Srivastav, BCIHMCT, NEW DELHI
DEVELOPING ADVERTISING PLAN
   No matter what strategy is used, your advertising must
    promote your firm in a memorable and cost effective way.
    Four characteristics reach; Frequency, consistency, and
    Timing play important roles in all successful advertising
    strategies.




2                    Peeyush Srivastav, BCIHMCT, NEW DELHI
       Reach
       It refers to the no of different individuals or homes
        exposed to an advertising message at least once during a
        specified time period.

       Frequency
 
       It is a measure of how many times the average person in
        the target market is exposed to the advertising message
        over a specified time period?


    3                    Peeyush Srivastav, BCIHMCT, NEW DELHI
   Consistency
   It plays an important part in consumer recognition of
    your hotel or restaurant.Your advertising will be far more
    effective if it has a consistent look and, in the case of
    broad cast media, a consistent sound

   Timing 
   It involves scheduling advertising for those times when it
    will be most effective. The news paper advertising bureau
    recommends timing advertisements to coincide with
    seasonal sales patterns –promoting summer vacation
    packages just before the season.

4                    Peeyush Srivastav, BCIHMCT, NEW DELHI
ADVERTISING STRATEGIES
   An important part of any advertising plan is deciding on
    advertising strategies. The three strategic options are:
    
   Differentiation
   Segmentation
   A combination of two
   Cooperative advertising
   Reciprocal advertising




5                    Peeyush Srivastav, BCIHMCT, NEW DELHI
   In Differentiation, you emphasize how your hotel is
    different from others. The advertising must aim at some
    meaningful differences like uniqueness of location,
    consistent and reliable service, theme based restaurants
    are positive USPs that you can use to start the
    advertisement campaign.




6                    Peeyush Srivastav, BCIHMCT, NEW DELHI
   In Segmentation, your strategy can be to target a
    specific segment which has been left untapped under a
    particular marketing segment like – Women business
    travelers under business travelers, which can be used to
    start the advertising campaign.




7                    Peeyush Srivastav, BCIHMCT, NEW DELHI
   Combination – In this strategy, both the differentiation
    and segmentation strategies are selected to form the
    advertising plan. A specific market segment is selected to
    advertise and an attempt is made to differentiate your
    property from other properties by offering unique
    benefits that will be of interest to the selected segment.




8                    Peeyush Srivastav, BCIHMCT, NEW DELHI
   Cooperative advertising - It involves advertising in
    conjunction with another advertiser. There are two types
    of corporative advertising - Horizontal and vertical.
    Horizontal co-op advertising involves similar business,
    such as several hotels that pool resources to promote
    their destination city.Vertical co-op advertising, on the
    other hand involves several different types of businesses
    such as a hotel and airline that cosponsor an
    advertisement benefit both parties.




9                    Peeyush Srivastav, BCIHMCT, NEW DELHI
   Reciprocal advertising

   It is the exchange of hospitality product or services
    (rooms, food and beverages etc...) for advertising space
    or airtime. This type of advertising can be especially
    effective for firms with limited budget




10                   Peeyush Srivastav, BCIHMCT, NEW DELHI
BUDGETING FOR ADVERTISING
   Before establishing an advertising budget, you should
    consider a number of variables that will affect the kind of
    advertising budget you will use,
    
   The size and type of the hospitality firm – The size
    of your property and the types of services and facilities it
    offers will greatly influence the amount of money
    necessary to effectively advertise it.
   The competition – Advertising budget are also affected
    by how much the nearest competitor is spending on its
    advertisement campaigns.

11                    Peeyush Srivastav, BCIHMCT, NEW DELHI
   Marketing objectives – Advertising budget should be
    made keeping in mind the objectives of the firm.
    Expansion or growth of the hotel chain would invite
    more investment.



   Target markets – The number and size of the market
    also determines the property’s overall advertising budget.




12                   Peeyush Srivastav, BCIHMCT, NEW DELHI
 THANK YOU FOR YOUR
 PATIENCE AND
 UNDERSTANDING………………….


 ANY   QUESTIONS ????



13          Peeyush Srivastav, BCIHMCT, NEW DELHI

More Related Content

What's hot

Presentation on terminology of advertising
Presentation on terminology    of   advertisingPresentation on terminology    of   advertising
Presentation on terminology of advertisingIshmeet Oberoi
 
Media scheduling And Advertising Agency
Media scheduling And Advertising AgencyMedia scheduling And Advertising Agency
Media scheduling And Advertising AgencyParminder Kaur
 
Advertising planning
Advertising planning Advertising planning
Advertising planning Louis Fitton
 
Dagmar approach
Dagmar approachDagmar approach
Dagmar approachRaj Gupta
 
Planning an Advertising Campaign
Planning an Advertising CampaignPlanning an Advertising Campaign
Planning an Advertising CampaignVirtu Institute
 
Imc presentation advertising objectives
Imc presentation   advertising objectivesImc presentation   advertising objectives
Imc presentation advertising objectivesPrashant Chalke
 
Advertising management
Advertising managementAdvertising management
Advertising managementsudheer kumar
 
Introduction to advertising
Introduction to advertisingIntroduction to advertising
Introduction to advertisingNaamah Hill
 
Decisions in advertising management business diagram
Decisions in advertising management business diagramDecisions in advertising management business diagram
Decisions in advertising management business diagramhttp://www.drawpack.com
 
Advertising campaign planning
Advertising campaign planningAdvertising campaign planning
Advertising campaign planningdeepu2000
 
Advertising and sales promotion question paper
Advertising and sales promotion question paperAdvertising and sales promotion question paper
Advertising and sales promotion question paperVishal Milwani
 
Introduction to advertising
Introduction to advertisingIntroduction to advertising
Introduction to advertisingSushant Dommeti
 
Campaign planning in Marketing
Campaign planning in MarketingCampaign planning in Marketing
Campaign planning in MarketingAbhishek chaudhary
 
Advertising+campaign..
Advertising+campaign..Advertising+campaign..
Advertising+campaign..BOOPATHI J
 
Introduction To Advertising & Advertising and Media Planning II
Introduction To Advertising & Advertising and Media Planning IIIntroduction To Advertising & Advertising and Media Planning II
Introduction To Advertising & Advertising and Media Planning IIsunnysidemochi
 
Advertising NOTES MBA
Advertising NOTES MBAAdvertising NOTES MBA
Advertising NOTES MBAkarishma
 

What's hot (20)

Presentation on terminology of advertising
Presentation on terminology    of   advertisingPresentation on terminology    of   advertising
Presentation on terminology of advertising
 
Media scheduling And Advertising Agency
Media scheduling And Advertising AgencyMedia scheduling And Advertising Agency
Media scheduling And Advertising Agency
 
Advertising planning
Advertising planning Advertising planning
Advertising planning
 
Dagmar approach
Dagmar approachDagmar approach
Dagmar approach
 
Planning an Advertising Campaign
Planning an Advertising CampaignPlanning an Advertising Campaign
Planning an Advertising Campaign
 
Imc presentation advertising objectives
Imc presentation   advertising objectivesImc presentation   advertising objectives
Imc presentation advertising objectives
 
Dagmar
DagmarDagmar
Dagmar
 
Advertising management
Advertising managementAdvertising management
Advertising management
 
Introduction to advertising
Introduction to advertisingIntroduction to advertising
Introduction to advertising
 
Advertising
AdvertisingAdvertising
Advertising
 
Decisions in advertising management business diagram
Decisions in advertising management business diagramDecisions in advertising management business diagram
Decisions in advertising management business diagram
 
Advertising
AdvertisingAdvertising
Advertising
 
Advertising campaign planning
Advertising campaign planningAdvertising campaign planning
Advertising campaign planning
 
Advertising and sales promotion question paper
Advertising and sales promotion question paperAdvertising and sales promotion question paper
Advertising and sales promotion question paper
 
Introduction to advertising
Introduction to advertisingIntroduction to advertising
Introduction to advertising
 
Campaign planning in Marketing
Campaign planning in MarketingCampaign planning in Marketing
Campaign planning in Marketing
 
Advertising+campaign..
Advertising+campaign..Advertising+campaign..
Advertising+campaign..
 
Introduction To Advertising & Advertising and Media Planning II
Introduction To Advertising & Advertising and Media Planning IIIntroduction To Advertising & Advertising and Media Planning II
Introduction To Advertising & Advertising and Media Planning II
 
Advertising NOTES MBA
Advertising NOTES MBAAdvertising NOTES MBA
Advertising NOTES MBA
 
Advertising1
Advertising1Advertising1
Advertising1
 

Similar to 2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING THIRD PART

2014 sem viii unit i a guide to effective advertising 2 and 3
2014 sem viii unit i a guide to effective advertising 2 and 32014 sem viii unit i a guide to effective advertising 2 and 3
2014 sem viii unit i a guide to effective advertising 2 and 3Peeyush Srivastav
 
2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING FIRST PART
2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING FIRST PART2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING FIRST PART
2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING FIRST PARTpeeyushsir
 
2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING FOURTH AND FINAL PART
2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING FOURTH AND FINAL PART2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING FOURTH AND FINAL PART
2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING FOURTH AND FINAL PARTpeeyushsir
 
Marketing Essentials: Advertising and Paid Media
Marketing Essentials: Advertising and Paid MediaMarketing Essentials: Advertising and Paid Media
Marketing Essentials: Advertising and Paid MediaSports and Social Change
 
Advertising campaign and creativity in advertising
Advertising campaign and creativity in advertisingAdvertising campaign and creativity in advertising
Advertising campaign and creativity in advertisingDharmik
 
Advertising campaign and creativity in advertising
Advertising campaign and creativity in advertisingAdvertising campaign and creativity in advertising
Advertising campaign and creativity in advertisingDharmik
 
Advertising management Unit - 1 for BBA 3rd Semester
Advertising management Unit - 1 for BBA 3rd SemesterAdvertising management Unit - 1 for BBA 3rd Semester
Advertising management Unit - 1 for BBA 3rd SemesterYogesh Kumar
 
2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING SECOND PART
2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING SECOND PART2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING SECOND PART
2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING SECOND PARTpeeyushsir
 
UNIT 5 - SERVICE MARKETING.ppt
UNIT 5 - SERVICE MARKETING.pptUNIT 5 - SERVICE MARKETING.ppt
UNIT 5 - SERVICE MARKETING.pptAkshayUday2
 
Financial Advertising A Guide To Successful Campaigns
Financial Advertising A Guide To Successful CampaignsFinancial Advertising A Guide To Successful Campaigns
Financial Advertising A Guide To Successful CampaignsOliver Scottish
 
Top 10 Concepts(Final Ok)
Top 10 Concepts(Final Ok)Top 10 Concepts(Final Ok)
Top 10 Concepts(Final Ok)henryoliwag
 
Advertising Strategy & Influencing Behaviour
Advertising Strategy & Influencing BehaviourAdvertising Strategy & Influencing Behaviour
Advertising Strategy & Influencing BehaviourKarthik Jeganathan
 
BWZ 0603.pdf
BWZ 0603.pdfBWZ 0603.pdf
BWZ 0603.pdfCEO
 
Advertising Strategy
Advertising StrategyAdvertising Strategy
Advertising Strategyaizellbernal
 
Overview of Advertising ManagementNow onto the creative part---adv.docx
Overview of Advertising ManagementNow onto the creative part---adv.docxOverview of Advertising ManagementNow onto the creative part---adv.docx
Overview of Advertising ManagementNow onto the creative part---adv.docxMARRY7
 
What Strategies Maximize ROI in Paid Advertising?
What Strategies Maximize ROI in Paid Advertising?What Strategies Maximize ROI in Paid Advertising?
What Strategies Maximize ROI in Paid Advertising?Attitude Tally Academy
 
Financial Advertising Ppt
Financial Advertising PptFinancial Advertising Ppt
Financial Advertising Pptswatifariya
 
Unit 2 advertising campaign planning and management
Unit 2 advertising campaign planning and managementUnit 2 advertising campaign planning and management
Unit 2 advertising campaign planning and managementNISHA SHAH
 

Similar to 2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING THIRD PART (20)

2014 sem viii unit i a guide to effective advertising 2 and 3
2014 sem viii unit i a guide to effective advertising 2 and 32014 sem viii unit i a guide to effective advertising 2 and 3
2014 sem viii unit i a guide to effective advertising 2 and 3
 
2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING FIRST PART
2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING FIRST PART2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING FIRST PART
2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING FIRST PART
 
2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING FOURTH AND FINAL PART
2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING FOURTH AND FINAL PART2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING FOURTH AND FINAL PART
2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING FOURTH AND FINAL PART
 
Marketing Essentials: Advertising and Paid Media
Marketing Essentials: Advertising and Paid MediaMarketing Essentials: Advertising and Paid Media
Marketing Essentials: Advertising and Paid Media
 
Advertising campaign and creativity in advertising
Advertising campaign and creativity in advertisingAdvertising campaign and creativity in advertising
Advertising campaign and creativity in advertising
 
Advertising campaign and creativity in advertising
Advertising campaign and creativity in advertisingAdvertising campaign and creativity in advertising
Advertising campaign and creativity in advertising
 
Advertising management Unit - 1 for BBA 3rd Semester
Advertising management Unit - 1 for BBA 3rd SemesterAdvertising management Unit - 1 for BBA 3rd Semester
Advertising management Unit - 1 for BBA 3rd Semester
 
2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING SECOND PART
2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING SECOND PART2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING SECOND PART
2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING SECOND PART
 
Advertising & Sales Management
Advertising & Sales ManagementAdvertising & Sales Management
Advertising & Sales Management
 
UNIT 5 - SERVICE MARKETING.ppt
UNIT 5 - SERVICE MARKETING.pptUNIT 5 - SERVICE MARKETING.ppt
UNIT 5 - SERVICE MARKETING.ppt
 
Financial Advertising A Guide To Successful Campaigns
Financial Advertising A Guide To Successful CampaignsFinancial Advertising A Guide To Successful Campaigns
Financial Advertising A Guide To Successful Campaigns
 
Top 10 Concepts(Final Ok)
Top 10 Concepts(Final Ok)Top 10 Concepts(Final Ok)
Top 10 Concepts(Final Ok)
 
Advertising Strategy & Influencing Behaviour
Advertising Strategy & Influencing BehaviourAdvertising Strategy & Influencing Behaviour
Advertising Strategy & Influencing Behaviour
 
BWZ 0603.pdf
BWZ 0603.pdfBWZ 0603.pdf
BWZ 0603.pdf
 
Advertising Strategy
Advertising StrategyAdvertising Strategy
Advertising Strategy
 
Overview of Advertising ManagementNow onto the creative part---adv.docx
Overview of Advertising ManagementNow onto the creative part---adv.docxOverview of Advertising ManagementNow onto the creative part---adv.docx
Overview of Advertising ManagementNow onto the creative part---adv.docx
 
What Strategies Maximize ROI in Paid Advertising?
What Strategies Maximize ROI in Paid Advertising?What Strategies Maximize ROI in Paid Advertising?
What Strategies Maximize ROI in Paid Advertising?
 
Financial Advertising Ppt
Financial Advertising PptFinancial Advertising Ppt
Financial Advertising Ppt
 
Marketing strategy
Marketing strategyMarketing strategy
Marketing strategy
 
Unit 2 advertising campaign planning and management
Unit 2 advertising campaign planning and managementUnit 2 advertising campaign planning and management
Unit 2 advertising campaign planning and management
 

Recently uploaded

ROLES IN A STAGE PRODUCTION in arts.pptx
ROLES IN A STAGE PRODUCTION in arts.pptxROLES IN A STAGE PRODUCTION in arts.pptx
ROLES IN A STAGE PRODUCTION in arts.pptxVanesaIglesias10
 
4.16.24 Poverty and Precarity--Desmond.pptx
4.16.24 Poverty and Precarity--Desmond.pptx4.16.24 Poverty and Precarity--Desmond.pptx
4.16.24 Poverty and Precarity--Desmond.pptxmary850239
 
Mythology Quiz-4th April 2024, Quiz Club NITW
Mythology Quiz-4th April 2024, Quiz Club NITWMythology Quiz-4th April 2024, Quiz Club NITW
Mythology Quiz-4th April 2024, Quiz Club NITWQuiz Club NITW
 
Team Lead Succeed – Helping you and your team achieve high-performance teamwo...
Team Lead Succeed – Helping you and your team achieve high-performance teamwo...Team Lead Succeed – Helping you and your team achieve high-performance teamwo...
Team Lead Succeed – Helping you and your team achieve high-performance teamwo...Association for Project Management
 
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptx
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptxDecoding the Tweet _ Practical Criticism in the Age of Hashtag.pptx
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptxDhatriParmar
 
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...DhatriParmar
 
DIFFERENT BASKETRY IN THE PHILIPPINES PPT.pptx
DIFFERENT BASKETRY IN THE PHILIPPINES PPT.pptxDIFFERENT BASKETRY IN THE PHILIPPINES PPT.pptx
DIFFERENT BASKETRY IN THE PHILIPPINES PPT.pptxMichelleTuguinay1
 
4.11.24 Mass Incarceration and the New Jim Crow.pptx
4.11.24 Mass Incarceration and the New Jim Crow.pptx4.11.24 Mass Incarceration and the New Jim Crow.pptx
4.11.24 Mass Incarceration and the New Jim Crow.pptxmary850239
 
BIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptx
BIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptxBIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptx
BIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptxSayali Powar
 
31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...
31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...
31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...Nguyen Thanh Tu Collection
 
Q-Factor General Quiz-7th April 2024, Quiz Club NITW
Q-Factor General Quiz-7th April 2024, Quiz Club NITWQ-Factor General Quiz-7th April 2024, Quiz Club NITW
Q-Factor General Quiz-7th April 2024, Quiz Club NITWQuiz Club NITW
 
Concurrency Control in Database Management system
Concurrency Control in Database Management systemConcurrency Control in Database Management system
Concurrency Control in Database Management systemChristalin Nelson
 
Man or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptx
Man or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptxMan or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptx
Man or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptxDhatriParmar
 
Mental Health Awareness - a toolkit for supporting young minds
Mental Health Awareness - a toolkit for supporting young mindsMental Health Awareness - a toolkit for supporting young minds
Mental Health Awareness - a toolkit for supporting young mindsPooky Knightsmith
 
MS4 level being good citizen -imperative- (1) (1).pdf
MS4 level   being good citizen -imperative- (1) (1).pdfMS4 level   being good citizen -imperative- (1) (1).pdf
MS4 level being good citizen -imperative- (1) (1).pdfMr Bounab Samir
 
Active Learning Strategies (in short ALS).pdf
Active Learning Strategies (in short ALS).pdfActive Learning Strategies (in short ALS).pdf
Active Learning Strategies (in short ALS).pdfPatidar M
 
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITW
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITWQ-Factor HISPOL Quiz-6th April 2024, Quiz Club NITW
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITWQuiz Club NITW
 

Recently uploaded (20)

ROLES IN A STAGE PRODUCTION in arts.pptx
ROLES IN A STAGE PRODUCTION in arts.pptxROLES IN A STAGE PRODUCTION in arts.pptx
ROLES IN A STAGE PRODUCTION in arts.pptx
 
4.16.24 Poverty and Precarity--Desmond.pptx
4.16.24 Poverty and Precarity--Desmond.pptx4.16.24 Poverty and Precarity--Desmond.pptx
4.16.24 Poverty and Precarity--Desmond.pptx
 
Mythology Quiz-4th April 2024, Quiz Club NITW
Mythology Quiz-4th April 2024, Quiz Club NITWMythology Quiz-4th April 2024, Quiz Club NITW
Mythology Quiz-4th April 2024, Quiz Club NITW
 
Paradigm shift in nursing research by RS MEHTA
Paradigm shift in nursing research by RS MEHTAParadigm shift in nursing research by RS MEHTA
Paradigm shift in nursing research by RS MEHTA
 
Team Lead Succeed – Helping you and your team achieve high-performance teamwo...
Team Lead Succeed – Helping you and your team achieve high-performance teamwo...Team Lead Succeed – Helping you and your team achieve high-performance teamwo...
Team Lead Succeed – Helping you and your team achieve high-performance teamwo...
 
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptx
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptxDecoding the Tweet _ Practical Criticism in the Age of Hashtag.pptx
Decoding the Tweet _ Practical Criticism in the Age of Hashtag.pptx
 
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
 
Mattingly "AI & Prompt Design: Large Language Models"
Mattingly "AI & Prompt Design: Large Language Models"Mattingly "AI & Prompt Design: Large Language Models"
Mattingly "AI & Prompt Design: Large Language Models"
 
DIFFERENT BASKETRY IN THE PHILIPPINES PPT.pptx
DIFFERENT BASKETRY IN THE PHILIPPINES PPT.pptxDIFFERENT BASKETRY IN THE PHILIPPINES PPT.pptx
DIFFERENT BASKETRY IN THE PHILIPPINES PPT.pptx
 
4.11.24 Mass Incarceration and the New Jim Crow.pptx
4.11.24 Mass Incarceration and the New Jim Crow.pptx4.11.24 Mass Incarceration and the New Jim Crow.pptx
4.11.24 Mass Incarceration and the New Jim Crow.pptx
 
BIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptx
BIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptxBIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptx
BIOCHEMISTRY-CARBOHYDRATE METABOLISM CHAPTER 2.pptx
 
31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...
31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...
31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...
 
Q-Factor General Quiz-7th April 2024, Quiz Club NITW
Q-Factor General Quiz-7th April 2024, Quiz Club NITWQ-Factor General Quiz-7th April 2024, Quiz Club NITW
Q-Factor General Quiz-7th April 2024, Quiz Club NITW
 
Faculty Profile prashantha K EEE dept Sri Sairam college of Engineering
Faculty Profile prashantha K EEE dept Sri Sairam college of EngineeringFaculty Profile prashantha K EEE dept Sri Sairam college of Engineering
Faculty Profile prashantha K EEE dept Sri Sairam college of Engineering
 
Concurrency Control in Database Management system
Concurrency Control in Database Management systemConcurrency Control in Database Management system
Concurrency Control in Database Management system
 
Man or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptx
Man or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptxMan or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptx
Man or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptx
 
Mental Health Awareness - a toolkit for supporting young minds
Mental Health Awareness - a toolkit for supporting young mindsMental Health Awareness - a toolkit for supporting young minds
Mental Health Awareness - a toolkit for supporting young minds
 
MS4 level being good citizen -imperative- (1) (1).pdf
MS4 level   being good citizen -imperative- (1) (1).pdfMS4 level   being good citizen -imperative- (1) (1).pdf
MS4 level being good citizen -imperative- (1) (1).pdf
 
Active Learning Strategies (in short ALS).pdf
Active Learning Strategies (in short ALS).pdfActive Learning Strategies (in short ALS).pdf
Active Learning Strategies (in short ALS).pdf
 
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITW
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITWQ-Factor HISPOL Quiz-6th April 2024, Quiz Club NITW
Q-Factor HISPOL Quiz-6th April 2024, Quiz Club NITW
 

2013 UNIT I A GUIDE TO EFFECTIVE ADVERTISING THIRD PART

  • 1. A GUIDE TO EFFECTIVE ADVERTISING Sem VIII Unit I 1 Peeyush Srivastav, BCIHMCT, NEW DELHI
  • 2. DEVELOPING ADVERTISING PLAN  No matter what strategy is used, your advertising must promote your firm in a memorable and cost effective way. Four characteristics reach; Frequency, consistency, and Timing play important roles in all successful advertising strategies. 2 Peeyush Srivastav, BCIHMCT, NEW DELHI
  • 3. Reach  It refers to the no of different individuals or homes exposed to an advertising message at least once during a specified time period.  Frequency    It is a measure of how many times the average person in the target market is exposed to the advertising message over a specified time period? 3 Peeyush Srivastav, BCIHMCT, NEW DELHI
  • 4. Consistency  It plays an important part in consumer recognition of your hotel or restaurant.Your advertising will be far more effective if it has a consistent look and, in the case of broad cast media, a consistent sound  Timing   It involves scheduling advertising for those times when it will be most effective. The news paper advertising bureau recommends timing advertisements to coincide with seasonal sales patterns –promoting summer vacation packages just before the season. 4 Peeyush Srivastav, BCIHMCT, NEW DELHI
  • 5. ADVERTISING STRATEGIES  An important part of any advertising plan is deciding on advertising strategies. The three strategic options are:     Differentiation  Segmentation  A combination of two  Cooperative advertising  Reciprocal advertising 5 Peeyush Srivastav, BCIHMCT, NEW DELHI
  • 6. In Differentiation, you emphasize how your hotel is different from others. The advertising must aim at some meaningful differences like uniqueness of location, consistent and reliable service, theme based restaurants are positive USPs that you can use to start the advertisement campaign. 6 Peeyush Srivastav, BCIHMCT, NEW DELHI
  • 7. In Segmentation, your strategy can be to target a specific segment which has been left untapped under a particular marketing segment like – Women business travelers under business travelers, which can be used to start the advertising campaign. 7 Peeyush Srivastav, BCIHMCT, NEW DELHI
  • 8. Combination – In this strategy, both the differentiation and segmentation strategies are selected to form the advertising plan. A specific market segment is selected to advertise and an attempt is made to differentiate your property from other properties by offering unique benefits that will be of interest to the selected segment. 8 Peeyush Srivastav, BCIHMCT, NEW DELHI
  • 9. Cooperative advertising - It involves advertising in conjunction with another advertiser. There are two types of corporative advertising - Horizontal and vertical. Horizontal co-op advertising involves similar business, such as several hotels that pool resources to promote their destination city.Vertical co-op advertising, on the other hand involves several different types of businesses such as a hotel and airline that cosponsor an advertisement benefit both parties. 9 Peeyush Srivastav, BCIHMCT, NEW DELHI
  • 10. Reciprocal advertising  It is the exchange of hospitality product or services (rooms, food and beverages etc...) for advertising space or airtime. This type of advertising can be especially effective for firms with limited budget 10 Peeyush Srivastav, BCIHMCT, NEW DELHI
  • 11. BUDGETING FOR ADVERTISING  Before establishing an advertising budget, you should consider a number of variables that will affect the kind of advertising budget you will use,     The size and type of the hospitality firm – The size of your property and the types of services and facilities it offers will greatly influence the amount of money necessary to effectively advertise it.  The competition – Advertising budget are also affected by how much the nearest competitor is spending on its advertisement campaigns. 11 Peeyush Srivastav, BCIHMCT, NEW DELHI
  • 12. Marketing objectives – Advertising budget should be made keeping in mind the objectives of the firm. Expansion or growth of the hotel chain would invite more investment.  Target markets – The number and size of the market also determines the property’s overall advertising budget. 12 Peeyush Srivastav, BCIHMCT, NEW DELHI
  • 13.  THANK YOU FOR YOUR PATIENCE AND UNDERSTANDING………………….  ANY QUESTIONS ???? 13 Peeyush Srivastav, BCIHMCT, NEW DELHI