Professional Documents
Culture Documents
Modern advertising developed with the rise of mass production in the late 19th
and early 20th centuries.Mass media can be defined as any media meant to
reach a mass amount of people. Different types of media can be used to deliver
these messages, including traditional media such as newspapers, magazines,
television, radio, outdoor or direct mail; or new media such as websites and text
messages.
In 2010, spending on advertising was estimated at more than $300 billion in the
United States[1] and $500 billion worldwide[citation needed].
Increasingly, other media are overtaking many of the "traditional" media such as
television, radio and newspaper because of a shift toward consumer's usage of
the Internet for news and music as well as devices like digital video
recorders (DVRs) such as TiVo.
As the mobile phone became a new mass media in 1998 when the first paid
downloadable content appeared on mobile phones in Finland, it was only a
matter of time until mobile advertising followed, also first launched in Finland in
2000. By 2007 the value of mobile advertising had reached $2.2 billion and
providers such as Admob delivered billions of mobile ads.
More advanced mobile ads include banner ads, coupons, Multimedia Messaging
Service picture and video messages, advergames and various engagement
marketing campaigns. A particular feature driving mobile ads is the 2D Barcode,
which replaces the need to do any typing of web addresses, and uses the
camera feature of modern phones to gain immediate access to web content. 83
percent of Japanese mobile phone users already are active users of 2D
barcodes.
From time to time, The CW Television Network airs short programming breaks
called "Content Wraps," to advertise one company's product during an entire
commercial break. The CW pioneered "content wraps" and some products
featured were Herbal Essences, Crest, Guitar Hero II, CoverGirl, and
recently Toyota.
New technology
The ability to record shows on digital video recorders (such as TiVo) allow users
to record the programs for later viewing, enabling them to fast forward through
commercials. Additionally, as more seasons of pre-recorded box sets are offered
for sale of television programs; fewer people watch the shows on TV. However,
the fact that these sets are sold, means the company will receive additional
profits from the sales of these sets. To counter this effect, many advertisers have
opted for product placement on TV shows like Survivor.
Advertising education
Advertising education has become widely popular with bachelor, master and
doctorate degrees becoming available in the emphasis. A surge in advertising
interest is typically attributed to the strong relationship advertising plays in
cultural and technological changes, such as the advance of online social
networking. A unique model for teaching advertising is the student-run
advertising agency, where advertising students create campaigns for real
companies.[30] Organizations such as American Advertising Federation and AdU
Network partner established companies with students to create these campaigns.
Criticisms
Main article: Criticism of advertising
While advertising can be seen as necessary for economic growth, it is not without
social costs.Unsolicited Commercial Email and other forms of spam have
become so prevalent as to have become a major nuisance to users of these
services, as well as being a financial burden on internet service providers.
[31]
Advertising is increasingly invading public spaces, such as schools, which
some critics argue is a form of child exploitation.[32] In addition, advertising
frequently uses psychological pressure (for example, appealing to feelings of
inadequacy) on the intended consumer, which may be harmful.
international advertising
advertising conducted in foreign markets. lnternational advertising traditionally
has required different strategies than domestic advertising, because of the
differences in culture, economic systems, government regulations, and consumer
needs. However, in the 1980s the increase in the number of multinational
corporations has brought about the idea of the world as a common marketplace,
where people desire the same lifestyles and products, and, consequently, the
same product is often advertised (and marketed) the same way in every country,
regardless of economics, culture, politics, or media and language differences.
Because of the many countries in which products (particularly, American
products) are now marketed, the term global marketing has begun to be
associated with international advertising. Global marketing is a misnomer,
however, since it literally implies the marketing of a product around the globe
(worldwide). The actual reality of global marketing is not here, yet.
. Trade and technical - In the trade and professional fields there are now
a significant number of 'controlled circulation' magazines. These are
like the `free Press', in that they are delivered free to the recipients;
but, at least in theory, those recipients should have been carefully
screened to ensure that they are of value to the advertisers - and the
circulation can, if properly controlled, represent a wide cross-section
of the buyers, and influencers, in the advertiser's target audience.
The rates for positioning are usually more varied than for
newspapers, with premiums being paid for facing editorial matter
and, of course, for color Television
This is normally the most expensive medium, and as such is generally only open
to the major advertisers, although some regional contractors offer more
affordable packages to their local advertisers. It offers by far the widest coverage,
particularly at peak hours (roughly 7.00—10.30 p.m.) and especially of family
audiences. Offering sight, sound, movement and colour, it has the greatest
impact, especially for those products or services where a 'demonstration' is
essential; since it combines the virtues of both the 'story-teller' and the
`demonstrator'. To be effective, these messages must be simple and able to
overcome surrounding family life distractions—especially the TV remote.
Posters
This is something of a specialist medium, which is generally used in support of
campaigns using other media. On the other hand, some advertisers, particularly
those in brewing and tobacco, have successfully made significant use of the
medium; although, to achieve this, they have developed the requisite expertise to
make efficient use of its peculiarities.
The main roadside posters are described in terms of how the poster is physically
posted on to them (pasted on, one sheet at a time, by a bill-poster); as 16 sheet
(the main, 10' x 6'8" size in vertical format) and 48 sheet (10' x 20', in
horizontal/landscape format). Those smaller ones, seen in pedestrian areas, are
typically four sheet (5' x 3'4"). The best sites are typically reserved for the long-
term clients, mainly the brewers and tobacco companies (hence one reason for
their success in use of the medium), so that new users may find this a relatively
unattractive medium.
This industry is also known as Out of Home Media. However, this category is not
limited to posters and billboards. It may involve the use of media space in
airports, malls, convenience stores, etc., and it could even tie into guerilla
marketing, a nontraditional approach to advertising that may involve grassroots
tactics (e.g. posting branded stickers or static clings to buildings, restrooms, and
other surfaces in metropolitan areas).
In Malaysia there are numerous sizes from 10'x40', 20'x60', 20'x80' to 40'x60'. In
both formats..Landscape and portrait. Current Outdoor Media Owners include
Prisma Outdoor, Ganad Media, Seni Jaya, Big Tree, Gelumbang Jaya, & etc...
Radio
Radio advertising has increased greatly in recent years, with the granting of
many more licenses. It typically generates specific audiences at different times of
the day—adults at breakfast, housewives, and commuters during rush hours. It
can be a cost-effective way of reaching these audiences—especially since
production costs are much cheaper than television, though the lack of visual
elements may limit the message. In radio advertisnig we need to identify the
timing of radio listeners, like many people listen on time when they are stuck with
the traffic, and many of the listeners they listen at night time.
Cinema
Though national audience numbers are down, this may be the most effective
medium for extending coverage to younger age groups, since the core audience
is 15 to 24.
Internet/Web Advertising
This rapidly growing marketing force borrows much from the example of press
advertising, but the most effective use—adopted by search engines—is
interactive.
Mobile Advertising
Personal mobile phones have become an attractive advertising media to network
operators, but are relatively unproven and remain in media buyers' sidelines.
[Audience Research
Press figures are slightly complicated by the fact that there are two
measures: readership (total number of readers of a publication, no matter where
they read it), and circulation (the number of copies actually sold, which is mostly
independently validated).
[edit]Advertising-free media
A 2006 report by the Senate of Canada suggested that the country's public
broadcaster, the Canadian Broadcasting Corporation, be funded sufficiently by
the federal government so that it could air without any advertising[1].
[edit]Advertising media scheduling
There may be short gaps at regular intervals and also long gaps—for instance,
one ad every week for 52 weeks, and then a pause. This pattern of advertising is
prevalent in service and packaged goods that require continuous reinforcement
on the audience for top of mind recollection at point of purchase.
Advantages:
Works as a reminder
Covers the entire purchase cycle
Cost efficiencies in the form of large media discounts
Positioning advantages within media
[edit]Pulsing
Pulsing combines flighting and continuous scheduling by using a low advertising
level all year round and heavy advertising during peak selling periods. Product
categories that are sold year round but experience a surge in sales at intermittent
periods are good candidates for pulsing. For instance, under-arm deodorants,
sell all year, but more in summer months.
Advantages:
1. Media class This refers to the type of medium which is most appropriate to the
product and ad copy. This includes newspaper, magazines ,television ,radio,
billboards and direct mail.
2. Media vehicles They provide the immediate environment for the advertisement
.For example ,within the newspaper, the Times of India is a media vehicle; in
television Zee TV’s Antakshari is the vehicle.
3. Media Option This refers to the size(full or half page),length (30seconds or 60
seconds)color or location(like front page bottom right or prime time 9.00 p.m) of
the ad in the media vehicle.
4. Scheduling and timing This refers to how media options are scheduled over a
period of time. the strategic options here are
(i) Flighting—i.e periods of total inactivity.
(ii) Continuous— i.e even distribution of advertising during a time period.
(iii) Pulsing—- a continuous base augmented by intermittent bursts of heavy
advertising.
Flighting is useful in products whose demand is seasonal. After the season ,the
demand for these products ceases to exist .A typical example is that of desert
coolers in North Indian States like Uttar Pradesh ,Madhya Pradesh ,Rajasthan
,Haryana ,Punjab, Bihar and Delhi. The demand for such coolers emerge during
the summer months April to July and declines soon after the monsoon sets in
.Hence it pays to advertise desert coolers or its components like exhaust fans
and pumps etc. during the summer months only and then discontinue until the
subsequent year .So for products whose demand is seasonal, the flighting
strategy works well.
Pulsing works in products like soft drinks and ice creams whose demand is high
during summer months and after that the demand does decline but not to zero
sales level .The demand goes down to the minimum level which is between no
demand to the peak demand. The objective advertising is to ensure higher sales
volume and market share.
In the evolution of a media plan ,both quantitative (like circulation or view ship
statistics, costs etc)and qualitative (like the profile of target audience ,mood
created by media vehicles and the like )factors have to be considered. While data
on circulation or viewer ship ,etc is available from sources like Audit Bureau of
Circulation (ABC) ,National Readership Survey (NRS)and even different
publishing houses ,cost of an ad insertion is available from the publisher or DD
etc. The qualitative factors for each media is to be collected through a market
research. One of the quantitative criteria used in selecting the media is cost per
thousand i.e cost per thousands people reached by a particular vehicle. This is
calculated by dividing reach of the vehicles by the cost of an ad in it. Suppose the
reach(readership)of newspaper A is 1,20,00,000 persons and the cost of a full
page ad in it is Rs 10,000;then cost per thousand of advertising in this paper is
Rs.0.83 p only .But another newspaper whose readership may be only 70,00,000
persons ,the cost of the same ad maybe just rs.7,000.Considering cost per
thousand(which is re.1.00), we find that advertising in newspaper A is a better
alternatives.
Wile cost per thousand is an important consideration ,one has to also examine
the quality of readership and view ship and whether the audience goes through
the entire newspaper or magazine or waits and watches the entire programs .In
other words ,though cost per thousand in a newspaper like the Times of India
may be the lowest, if the research shows that most readers just glance through
the headlines or through the newspaper ,then actually the cost is much higher
.As the effective readership may be lower. The same holds good for TV or video
advertising.
Next variable is the mood created by the media vehicle. India Today creates a
different mood than the Illustrated Weekly. Woman’s era creates a different
mood than Savvy or Society. Likewise, Playboy has a different mood
environment and Star T.V ‘s Santa Barbara creates a different mood than the
Doordarshan serial, Hum Log. Research suggests that generally the mood
created by reading or viewing an item or a programs gets transferred to the
product being advertised in the vehicle.
Hence, in selecting the media one has to determine the desired number of
exposures to the target audience in the appropriate vehicle. The number of
exposures is based on the advertiser’s objective. It could be trial which is
based on increased awareness. Assume the rate of trial increases at a
diminishing rate with the level of audience awareness as shown
Media Selection Process
1. Knowing who they are. Are they consumers (all consumers (TurboTax,
Quicken or Dell), or just select consumers (teenage to 35 year-old gamers
(Sony Playstation)), Fortune 100, small business, etc. If they are all
consumers, or a large part of the population, we can use mass market
medium such as network TV, radio or general publications (weekly
newspaper). If they are Fortune 100 or small business we might use
specific trade publications that target our same markets.
2. Their buying process. Is the sale simple (a package of gum that is an
instant decision), or complex--requiring numerous complex presentations
and layers of approvals (educational or government sales).
3. Who are the final decision makers, along with the primary and secondary
influencers. For example, for a sales force automation decision, the final
say may be the VP of Sales. However, the primary influencers may be the
sales people and sales managers (who have to use it every day), plus the
IT department (who has to support it). The secondary influencers may be
the president (who wants more sales), the CFO (who has to finance it),
and the secretary (who has to enter weekly leads).
I typically create a matrix showing the key decision and influencers within
the market and have the most market--knowledgeable internal team
members (product managers, sales managers, PR, etc.) come to a
consensus as to which percentage weight we should assign to each
group. This process is subjective, but usually yields fairly accurate
results--when the numbers come in.
4. Where they buy. If the target buys from retail, we may use “Run of Press”
ads (co-op ads with the retailers). If the target buys from VARs or
Integrators, we may use VARBusiness to recruit more VARs (who in turn
may use direct response mail to reach the targets). If they buy on-line--we
may run direct response ads with an on-line or 800# call to action.
5. How they buy. If the customer buys on terms, our ads may mention
financing options (cars, delayed payment).
6. What the competition is doing. We might use services such as AdScope
(now TNS Media Intelligence) to compile a 12-month history of our
competitor’s campaigns so we can see their media targets and either
apply a blocking campaign, were we match (and counter) a competitor’s
campaign, or use a separatist campaign, where we fish in a different pond
entirely (assuming we know the market better than they do--which should
be the case). Or we may choose to do some of both.
7. What has worked for us in the past (which media and ad format generated
the most revenue?). This is one of the most difficult steps since most
companies do not capture this information. If nothing is in place, then you
must extrapolate the data from whatever sources you have. You must also
fix this problem immediately and setup a complete tracking system--or you
will not have the managerial information you need to determine which
medium is working best (TV, Radio, Publications (and which of the
publications is working best)--i.e., are you fishing in the right pond, nor will
you know which ad format and message is working best (do you have the
right bait). See the later section within advertising on Tracking & ROI to
see how to set this up.
Understanding your customer and being able to answer each of the previous
questions is the hard part. Finding media that targets our same prospect is
actually the easy part.
The next step is to determine which medium type (TV, Radio, Display Ads) will
reach your desired targets and generate the greatest ROI. It may be multiple
types--if so, you should put a % weight value on each and consider your budget
accordingly.
The key is to find the right publication (the pond) that contains the most of your
preferred target (type of fish).
Fortunately, there are several publications that can help you determine the
demographics of various media and publications. For example, the Nielson
Rating can tell you the audience demographics and ratings for specific network
and cable stations and specific television shows. Other services like those
from IAG Research can measure the performance of every ad. However, they
often only measure recall within the channel, by brand, and the fit (how well it
was integrated into the show). Based on these criteria, they rate as “most
effective” those ads (brands) that are recalled by the most people. However, a
more important indicator is not the recall scores, but the ads that actually sell and
cause a change in brand preference.
You can find a fairly comprehensive on-line listing of TV, radio, newspapers, on-
line, and trade magazines at Media Post. Registration is free and they even
include a free on-line media scheduling tool.
If you are moving into a new market and don’t know the most popular trade
publications, then you will have to use media books (Bacon’s is again helpful),
internet resources, get help from alliances, and clients (ask what they read), or
from a media buying company. If you are fairly certain of the publications you
want to use, you can go to their web site (or call for a media kit) and get rates,
demographics, circulation, frequency, etc.
If you talk to a rep, be cautions not to place too much merit when they say they
cater to your market (I’ve had some sales reps try to sell me placement in a
publication that was clearly not aimed at my target). The Editor in Chief
understands the publication’s target best since he/she must create content to
appease that audience. This is one of the reason’s I usually get PRs assistance
in the media selection--they know who covers your space by the type and
number of articles produced for your desired target. The PR group also has the
editorial schedule that helps identify the target audience.
Next comes the coverage factor that also involves a comparison of costand
reach. The higher the level of harmony between the cost and the reach of the
medium, the more effective the coverage factor is going to be for the advertiser.
Anoter factor besides coverage is the degree of suitability and compatibility that a
medium has with the target audience. For this purpose, an advertiser should
have a comprehensive cognizance about the demographics and psychological
dimensions of his target market, which would help him determine the suitability of
the medium more effectively. Mehreen83
These ways of thinking are divided into three basic descriptions: Weak
strategies, mid-strength strategies and strong strategies. The strategies labeled
"strong, mid-strength, and weak are generic phrases used in the text books
referenced below to help students understand the intensity of each different type
of advertising strategy. Advertisements, weak, mid-strength, and strong can be
found intelevision, radio, and magazines/print.
Since the beginning of advertising, strategies have been created, starting with
the simplest (weak) strategies in the 1940s.
Weak strategies
Generic and Pre-emptive strategies describe the two weakest forms
of advertising that were most popular through the 1940s.
[edit]Strong strategies
The third and strongest form of creative strategy includes affective advertising
and resonance advertising.
Making people feel really good about a product is called affective advertising.
This is difficult to do, but often humor and an honest character can make
affective advertising possible.
Advertising Strategy
When writing the copy, direct language (saying exactly what you mean
in a positive, rather than negative manner) has been shown to be the
most effective. The theory here is that the less the audience has to
interpret, or unravel the message, the easier the message will be to
read, understand, and act upon. As Jerry Fisher observed
in Entrepreneur, "Two-syllable phrases like 'free book,' 'fast help,' and
'lose weight' are the kind of advertising messages that don't need to
be read to be effective. By that I mean they are so easy for the brain
to interpret as a whole thought that they're 'read' in an eye blink
rather than as linear verbiage. So for an advertiser trying to get
attention in a world awash in advertising images, it makes sense to try
this message-in-an-eye-blink route to the public consciousness—be it
for a sales slogan or even a product name."
ART WORK AND LAYOUT Small business owners also need to consider
the visual rhetoric of the advertisement, which simply means that the
entire advertisement, including blank space, should have meaning and
logic. Most industry experts recommend that advertisers use short
paragraphs, lists, and catchy illustrations and graphics to break up and
supplement the text and make the document both visually inviting and
easy to understand. Remember, an advertisement has to capture the
reader's attention quickly.
The easiest approach—and thus the one that is most often used—is
the percentage of future or past sales method. Most industry experts
recommend basing spending on anticipated sales, in order to ensure
growth. But for a small business, where survival may be a bigger
concern than growth, basing the advertising budget on past sales is
often a more sensible approach to take.
METHODS OF ADVERTISING
Small business owners can choose from two opposite philosophies
when preparing their advertising strategy. The first of these,
sometimes called the push method, is a stance wherein an advertiser
targets retail establishments in order to establish or broaden a market
presence. The second option, sometimes called the pull method,
targets end-users (consumers), who are expected to ask retailers for
the product and thus help "pull" it through the channel of distribution.
Of course, many businesses employ some hybrid of the two when
putting together their advertising strategy.
PULL METHOD The aim of the pull method is to convince the target
consumer to try, purchase, and ultimately repurchase the product.
This process is achieved by directly appealing to the target consumer
with coupons, in-store displays, and sweepstakes.
ADVERTISING AGENCIES
ADVERTISING LAWS
1) Assessment.
What's going on in the market, What's the history, the current situation. What
are the major trends in the market, what's the future looking like? With the
product. With competitors. With consumer attitudes.
2) Action
What should your client do about the the most significant opportunities or
problems presented by the situation? What should you do with the brand. With
direct marketing. The Web site. The way the company is positioned.
How to create an advertising strategy, part 2. Here are some key issues to
consider when creating an advertising strategy or campaign.
Understand, or define, the brand ... as it is now, and what you want it to
be, whether the same or something different.
The marketing objective is a business goal. For example, “in the first year we
want to capture 10% of the market in six cities.” Or, “Our goal is to be profitable
in this country within 6 months.” Or, “We want to increase sales with this
product to the point where profits reach $50,000 per month, and do this in 12
months.”
So let’s say we’re selling Fred’s Farm Fresh Ice Cream. Chocolate, strawberry
and vanilla are flying out of the freezer. But no one wants the prune flavor.
So Fred says, “Hey, I want my Purple Prune flavor to add 20% to my sales - not
steal sales from the existing three - or I’m going to dump it in 12 months. Here's
one million dollars to work with. What do you suggest?”
C) Build a brand based on a fussy old lady, a great cook, who is very
demanding: it’s got to taste great, and be great for your health. or she's rejects
it.
Project the brand with TV ads showing a young Mrs. Consumer absentmindedly
reaching for some ice cream at the store. Mrs. Fussy taps her on the shoulder,
and she starts, “Oh! You surprised me.”
Mrs. Fussy, “Honey, here’s a bigger a surprise …”
All the while, keep in mind that one single thread you want to weave into all of
your communications; that one most important thing you want to say:
- The new Tempest goes farther on a tank of gas than any car in its class.
- MiniBank is small, which makes you big and important, no matter how much
you have in your account.
Importance of Advertising
Advertising is one of the oldest forms of public announcement and occupies a vital
position in an organization's product mix. According to the American Marketing
Association, Chicago, "Advertising is any paid form of non personal presentation of
ideas, goods and services by an identified sponsor."
However, simply informing a customer that a brand exists is not enough. Advertising
should be targeted towards the prospective audience in such a way that it forms a
positive impact on the customer and in the process creates brand
recognition.Marketers generally target advertising campaigns at the groups of
customers:
About forty years ago, segmentation was viewed as an imperfection in market structure
rather than as a more precise adjustment to consumer or user requirements. From this
time, the benefits of adapting marketing resources to the heterogeneous needs and
wants of customers is recognized. Nowadays, in the context of globalization, the focus
has shifted towards looking for similarities and the search for ‘global segments’. As a
result of these changes, Hassan and Katsanis defined ‘(global) market segmentation’ as
follows:
This trend of globalizing economies raised a new question: how should a company
segment a global/international market? Segmentation of a international market implied
the addition of another, country specific, dimension.
In domestic markets customer characteristics such as age, sex, social class, etc. and
attitudes toward a certain product or brand are often used as bases for segmentation. In
international markets an extra dimension has to be considered, i.e. country
characteristics. For instance, every country has its own specific social, cultural,
economic, technological, political, legal and environmental characteristics affecting
marketing strategies and customer/market responses.
The different perceptions and approaches of multinational companies determined their
segmentation approach. Besides the shift from looking for differences towards the focus
on similarities mentioned above, one can observe the influence of the internationalizing
environment and the evolvement of global strategies.
In their approaches they do not take into account that there may be groups of customers
in different countries that are alike and can form one cross-national segment. However,
this is recognized by Hassan and Katsanis who identified three main segmentation
methods (Hassan & Katsanis, 1991):
In the remaining part of this paragraph the following segmentation strategies will be
discussed:
A basis for segmentation is a factor that varies among groups within a market, but that is
consistent within groups. One can identify four primary bases on which to segment a
consumer market:
•
Geographic segmentation is based on regional variables such as region, climate,
population density, and population growth rate.
•
Demographic segmentation is based on variables such as age, gender, ethnicity,
education, occupation, income, and family status.
•
Psychographic segmentation is based on variables such as values, attitudes, and
lifestyle.
•
Behavioral segmentation is based on variables such as usage rate and patterns,
price sensitivity, brand loyalty, and benefits sought.
Global market segmentation will become more necessary as international marketing increases. With that
in mind, this post covers four major reasons to use cross border market segmentation.
These reasons include:
Manufacturing and information led other industries in international trade with those companies claiming
foreign tax credit accounting for 54 percent of all manufacturing and 36 percent of all information income.
An internet search failed to reveal the total number of companies doing business internationally, but
Redmiles’ article includes data from the largest 7,500 and 61,615 “domestic corporations controlled by
foreign persons.” And these numbers don’t account for international companies not doing businesses with
the USA.
For instance, each generation will share some characteristics with the same age group in other nations. But
just because the people in each age group experience the same world events doesn’t mean that they
interpret those events and are influenced by those events in the same way.
Reason For Global Market Segmentation 3
Market Characteristics Can’t Be Generalized
Across Borders Or Cultures
To use market segmentation across borders requires that you substitute characteristics specific to each
nation for those of United States market segments.
In other words, market segmentation research works for all nations, but the details and characteristics by
segments will change, sometimes drastically.
Therefore, anyone from another nation wanting to use market segmentation research needs to conduct
secondary and/or primary research to determine characteristics by demographic segments specific to
markets in that nation.
As the world gets smaller through mass media, the Internet, and international and intercontinental travel,
characteristics for some demographic segments will become more similar across nations. However, there is
presently no universal market segmentation that crosses borders intact.
BRANDIND-
A brand is the identity of a specific product, service, orbusiness[1][page needed]. A brand can take many
forms, including a name, sign, symbol, color combination or slogan. The word brand began
simply as a way to tell one person's cattle from another by means of a hot iron stamp. A legally
protected brand name is called a trademark. The word brand has continued to evolve to
encompass identity - it affects the personality of a product, company or service.
A concept brand is a brand that is associated with an abstract concept, like breast cancer
awareness orenvironmentalism, rather than a specific product, service, or business.
A commodity brand is a brand associated with acommodity. Got milk? is an example of a
commodity brand.
In the automotive industry, brands were originally called marques, and marque is still often used
as a synonym for brand in reference to motor vehicles.[2]
Definition
Entire process involved in creating a unique name andimage for
a product (good or service) in the consumers' mind, through advertising
campaigns with a consistenttheme. Branding aims to establish a significant and
differentiated presence in the market that attracts andretains loyal customers.
Branding
Definition: The marketing practice of creating a name, symbol or design that identifies and
differentiates a product from other products
An effective brand strategy gives you a major edge in increasingly competitive markets. But
what exactly does "branding" mean? Simply put, your brand is your promise to your
customer. It tells them what they can expect from your products and services, and it
differentiates your offering from that of your competitors. Your brand is derived from who you
are, who you want to be and who people perceive you to be.
Are you the innovative maverick in your industry? Or the experienced, reliable one? Is your
product the high-cost, high-quality option, or the low-cost, high-value option? You can't be
both, and you can't be all things to all people. Who you are should be based to some extent
on who your target customers want and need you to be.
The foundation of your brand is your logo. Your website, packaging and promotional
materials--all of which should integrate your logo--communicate your brand.
Your brand strategy is how, what, where, when and to whom you plan on communicating
and delivering on your brand messages. Where you advertise is part of your brand strategy.
Your distribution channels are also part of your brand strategy. And what you communicate
visually and verbally is part of your brand strategy, too.
Consistent, strategic branding leads to a strong brand equity, which means the added value
brought to your company's products or services that allows you to charge more for your
brand than what identical, unbranded products command. The most obvious example of this
is Coke vs. a generic soda. Because Coca-Cola has built a powerful brand equity, it can
charge more for its product--and customers will pay that higher price.
The added value intrinsic to brand equity frequently comes in the form of perceived quality or
emotional attachment. For example, Nike associates its products with star athletes, hoping
customers will transfer their emotional attachment from the athlete to the product. For Nike,
it's not just the shoe's features that sell the shoe.
Defining your brand is like a journey of business self-discovery. It can be difficult, time-
consuming and uncomfortable. It requires, at the very least, that you answer the questions
below:
Do your research. Learn the needs, habits and desires of your current and prospective
customers. And don't rely on what you think they think. Know what they think.
The act of associating a product or service with a brand has become part of pop culture. Most
products have some kind of brand identity, from common table salt to designer jeans.
A brandnomer is a brand name that has colloquially become a generic term for a product or
service, such as Band-Aidor Kleenex, which are often used to describe any brand of adhesive
bandage or any brand of facial tissue respectively.
Branding Policies
First question is whether to brand or not to brand. Homogenous products are
difficult to brand (Not Purdue, Robinson Brick). Branding policies are:
To use brand extensions the products should be either related (not the
case for Virgin), or the brand name should have a value over and above
the particular product category, i.e. a counter culture image for example.
If that is the case, then it might work.
and same creative strategy everywhere in the world. Example are Coca-
Cola, PepsiCola, McDonalds etc.
Advertising agency
An advertising agency or ad agency is a service business dedicated to creating, planning and
handling advertising (and sometimes other forms of promotion) for its clients. An ad agency is
independent from the client and provides an outside point of view to the effort of selling the
client's products or services. An agency can also handle
overall marketing and branding strategies and sales promotions for its clients.
History
The first acknowledged advertising agency was William Taylor in 1786, another agency was
started byJames 'Jem' White in Fleet Street, London in 1800, and eventually evolved into White
Bull Holmes a recruitment advertising agency, that went out of business in the late 1980s
Other agencies
While not advertising agencies, enterprise technology
agencies often work in tandem with advertising agencies to provide
a specialized subset of services offered by some interactive
agencies: Web 2.0 website design and development, Content
management systems, web application development, and other
intuitive technology solutions for the web, mobile devices and
emerging digital platforms.
The student-run advertising agency model, which mainly operates
out of university classrooms or as a student groups, provides free
advertising services to clients in exchange for the educational
opportunity.
This is one of the leading advertising company in India. This organization believes that devotion to the brand defines the profile of thei
the globe. The objective of the company is to build brands. I t is a subsidiary of WPP Group plc. The headquar
J Walter Thompson India:
One of the most popular company in the advertising industry is J Walter Thompson India. Their objective is to make advertising a pa
world's best advertising brand with about 200 offices in 90 countries. This company is the first one to introduce pioneer careers in ad fo
the first ever sponsored -TV program.
This is one of the renowned advertising company of India. This advertising organization was founded in the year 1980 at Mumbai. Recen
public relations,rural marketing,events etc. The head office of the company is in Bombay Area.
One of the best company in India in the advertising arena is FCB-Ulka Advertising Ltd. In US ,this advertising company ranks third and
in 102 countries. Their aim is to reflect the needs of the brand and not the personality of the brand. It has about 500 professionals and
Rediffusion-DY&R:
This Advertising company of India has made a benchmark in the field of creativity. India's 5th largest advertising company is Rediffu
array of integrated pr services for external and internal communications. The primary strength of the company lies in the media relation
The prominent name among the best advertising companies of India is McCann-Erickson India Ltd. They define work in relation to the
masses. The testimony of the company in which it firmly believes is the campaign of Coca -cola-'Thanda Matlab Coca Cola'.
It maintained the record of remaining consistently among the top ten advertising agencies in India. Established in 1973,this advertisin
No.1 research company in the market sector and is fully run by Indians. Brand Equity is an integral part of the company.
A significant name in India in the world of advertising agencies is Grey Worldwide (I) Pvt Ltd.The company is primarily based in Mum
Bangalore and New Delhi. It is a subsidiary of Grey Worldwide. The company specializes in advertising and marketing services.
It has a significant presence in about 96 offices in 10 countries. This advertising agency was awarded the 'Worldwide Agency of the Ye
how a single image is worth thousand words and can break the barriers of language but not at the cost of the ad's emotional power.
This advertising company of India is one of the leading advertising agencies in India. It is one-to-one customer lifecycle management
and is situated in Mumbai. It offers a wide range of services like online marketing and strategy and many others.
The part-time agency offers service on free of cost or project basis. These agencies perform
ordinate the activities of the advertiser and media men. Clients have greater control over ad
research agencies generally perform job of part-agencies. The selection of a particular agency
knowledge and growth
Compatibility
the selection of an advertising agency depends on the compatibility of the agency. The need
fitness of the agency. The advertiser visits several agencies and chooses the best agency on
accreditation, its methods of handling the accounts and using the available opportunities.
Agency Team
This includes management specialists, market researchers, copywriters, media experts, produc
The attitude, thinking, experience and personalities of the team members have positive effects on
Agency Stability
An agency, which has been long in existence generally, performs efficiently and effectively. T
agency, the more vital the contribution of the agency to the advertising activities. The personnel
are examined before selecting a suitable advertising agency.
Services
The services rendered by the agency are evaluated with a view to choosing the best advertising
agreements, project estimates, selling attitudes and other services performed by the adverti
evaluate their efficiency and credibility in performing advertising jobs. The greater the range of an
it can serve the clients’ needs. The agency can serve the clients by its potential capacity for ad
placement, public relations, market research, sales training and distribution channels.
Creativity
Creativity is the main element in advertising. If the advertising agency is capable of great crea
purpose. Style, clarity, impact, memorability and action- these are taken into account while evalua
Problem-solving approach
The agency which has a problem solving approach is considered to be superior and useful. The
agency cannot be ignored. Caliber, compatibility, balanced services, responsiveness, talent an e
important factors in selecting an advertising agency.
Strategic creativity is the way forward. The advertising agency's understanding of your
business objectives contained within your brief will be reflected in their response and the
strategy that they develop. Is your existing agency able to provide an insightful analysis of the
Is your ad agency capable of producing big ideas? Do they possess the insight into the core
essence of your brand? Can they produce a single-minded proposition that your target
audience will find irresistible? Can they position your business effectively and create ‘market
space' for your brand to fulfil its potential. If so, you’ve found an advertising agency that can
What are the clients saying about their agency? Have they given positive testimonials
regarding the quality of the work? Were they from senior directors of their client companies?
Exactly how have they worked with their clients to deliver profitable results?
What kinds of brands is the advertising agency working for right now? What are the skill-sets
and levels of experience of the people? Do they have the types of clients that will ‘fit'
comfortably with your company's profile? To a great extent, these questions will help you to
determine the suitability of the agency.
Be sure that you meet the people who will be working on your account. Are they experienced
directors with a hands-on approach that will be adding real value to your business or are they
agency figureheads whom you'll never see again after the pitch is over? Is there a large
hierarchy that may compromise and dilute the work? Will your account be delegated to a
lightweight?
This is a vital question. It is important that your account is seen as being significant and
special on every level, considering diverse elements such as willingness to gain the a close
working knowledge about your business, attitudes to the importance of brand stewardship,
7. Does the agency realise that advertising is not always the ‘solution'?
“Advertising is the solution, now what's the problem.” is a widely held view held by traditional
agencies. A modern, progressive advertising agency must demonstrate that it has a full
working knowledge of the most appropriate options available to meet the objectives of its
Agencies that just work within a single medium might very well hold you back. Integrated,
consistently delivers results on an ongoing basis. Today, you need an agency that spans these
media arenas.
Within any campaign, strategy and creativity must be applied with the perfect weight. They
are mutually interdependent disciplines. We’ll ensure the agency can deliver on both.
10. Is the agency's motivation to take your business to the next level or to win
awards?
A client's business success beats the pursuit of Clios every time. Again, at Advertising Agency
UK .co.uk we have a value based advertising philosophy i.e. one that is based on becoming
recognised for creating increased sales, profitability and ultimately shareholder value for your
Advertising campaign
An advertising campaign is a series of advertisement messages
that share a single idea and theme which make up an integrated
marketing communication (IMC). Advertising campaigns appear in
different media across a specific time frame.
The critical part of making an advertising campaign is determining
a champion theme as it sets the tone for the individual
advertisements and other forms of marketing communications that
will be used. The campaign theme is the central message that will
be communicated in the promotional activities. The campaign
themes are usually developed with the intention of being used for a
substantial period but many of them are short lived due to factors
such as being ineffective or market conditions and/or competition
in the marketplace and marketing mix.
While specifics vary from one advertising campaign to another, some of the same tools
are used in just about any campaign. Both print and electronic media are often used to
generate attention and enthusiasm for the subject of the campaign, often with the logical
and timely launch of different tools at specific points in the overall campaign. While in
time past, electronic media referred more to television and radio broadcasts, that
component now includes tools such as online banner ads, text messaging,
and email advertisements n terms of print media used in an advertising campaign,
ads placed in newspapers and magazines are a time-honored method of
reaching the target audience. The ads usually are designed to pique the interest
of readers and entice them to learn more about the topic of the ad. In order to
ensure that the desired consumers are reached, the print advertisements will
often appear in print media that is geared toward those consumers. For example,
software that is designed to keep track of sales leads and existing clients may
appear in a magazine that caters to sales and marketing professionals.
With electronic media, television and radio commercials remain a viable means
of attracting the attention of buyers and creating demand for various products
and services. Short television commercials designed to amuse as well as inform
tend to make an impression on the viewer and are highly likely to entice a
significant number of consumers to purchase the products displayed in the ad. In
like manner, an advertising campaign may also include short radio commercials
that catch the ear of the listener and help to conjure up visual images that create
demand for the product.
advertising campaign
Definition
Coordinated series of linked advertisements (broadcast usually through
several media channels) that (1) focus on acommon theme and one or
few brands or products, (2) aredirected at a particular segment of
the population (targetedaudience), and (3) are aimed at achieving a
specificobjective (such as awareness or market share).
Successfuladvertising campaigns achieve far more than the sporadic advertising,
and may last from a few weeks and months to years.
Consistency is Key
If you're running TV and radio commercials, print ads and a direct mail campaign, keep them
consistent. Use the same announcer and music for your commercials. Print materials should
use the same colors and fonts.
Frequency
Buying space for one radio commercial that airs once at 4:30 in the morning isn't going to get
much of a response. You want commercials to have a larger frequency so you can increase
your chances of hitting that target audience. If you're running a direct mail campaign, decide
the frequency of your materials up front. Once you send your initial materials out, how many
times will you send out follow up materials? Know the answers before you begin to help
maximize your strategy's success.
Books
When all else fails and you still run into questions, there are plenty of books you can use to
give you guidance. Also be on the lookout for titles that have just been released so you can
keep on top of current advertising trends.
A successful advertising campaign really makes a connection with the audience. The
advertisement is memorable and often includes jingles that are designed to keep the name of the
product in the consumer’s mind.
Advertising campaign effectiveness is really measured by how aligned the advertised product is
to its target market. In order for advertising to really work it has to speak to the audience that is
serves.
This requires extensive market research to determine who the target market is and what medium
will be most effective in terms of advertising.
For example, radio and newspaper advertising is statistically less likely to be avoided, but
television advertising can reach the highest amount of consumers but it is also the most likely to
be ignored by them as well.
These are all things that go into the promotional aspects of the product or service.
SALES PROMOTION
Sales promotion is one of the four aspects of promotional mix. (The other three parts of
the promotional mix areadvertising, personal selling, and publicity/public relations.) Media and
non-media marketing communication are employed for a pre-determined, limited time to increase
consumer demand, stimulate market demand or improve product availability. Examples include:
contests
point of purchase displays
rebate (marketing)
free travel, such as free flights
Sales promotions can be directed at either the customer, sales staff, or distribution channel
members (such asretailers). Sales promotions targeted at the consumer are called consumer
sales promotions. Sales promotions targeted at retailers and wholesale are called trade sales
promotions. Some sale promotions, particularly ones with unusual methods, are
considered gimmick by many.
Sales promotion includes several communications activities that attempt to provide added value
or incentives to consumers, wholesalers, retailers, or other organizational customers to stimulate
immediate sales. These efforts can attempt to stimulate product interest, trial, or purchase.
Examples of devices used in sales promotion include coupons, samples, premiums, point-of-
purchase (POP) displays, contests, rebates, and sweepstakes
Rebates: Consumers are offered money back if the receipt and barcode are mailed to the
producer.
Contests/sweepstakes/games: The consumer is automatically entered into the event by
purchasing the product.
Point-of-sale displays:-
Kids eat free specials: Offers a discount on the total dining bill
by offering 1 free kids meal with each regular meal purchased.
Often they are original and creative, and hence a comprehensive list of all available techniques is virtually
impossible (since original sales promotions are launched daily!). Here are some examples of popular sales
promotions activities:
Effects of Promotion
1. The present day market is very competitive due to the large number of rivals and substitutes.
With the help of promotion producer must create product differentiation in the minds of
consumers.
2. Promotion is very essential to communicate the use of the product and the nature of the
product to consumers and middlemen
3. Nowadays most of the consumers market their products in wider area and the consumers are
also very large in number. In such cases personal selling alone cannot be used and so all the
steps for promotion are to be followed.
4. During the periods of depression it is essential to maintain at least some minimum market.
Therefore it is very essential to use promotion.
Promotional Strategy
Personal selling, advertisement and sales promotion are some of the promotional methods.
During most of the situations two or more promotional methods are to be used for each
campaign. Generally with the help of a single method it is not possible to succeed. Advertising
needs the support of personal selling or display to increase the sales. Sometimes even the
personal selling alone cannot be successful without the support of advertisement.
An ideal promotion mix is that situation where the total expenditure incurred for various promotion
methods is minimum and sales by such mix is maximum. Promotion mix means finding out the
proper ratio of usage of different methods of promotion. The management must find out, how
much amount should be spent on each promotional activity. Promotional mix is influenced by the
following factors.
Nature of the product will be decide the promotional mix. For consumer goods advertisement and
dealer display will have more effect. Industrial goods with high technology will need much of
personal selling and cosmetics, blades etc, will require more of advertisement than personal
selling and displays
If the communications are mostly to middlemen, then personal selling will be more effective and
very little spending on advertisement will do. If information are to be passed to consumers and
when the number of consumers is large, it is better to advertise. Especially if customers are
scattered, then advertisement alone can be successful.
If market for a product is only local then personal selling alone will be sufficient. If the market for a
product is available at national level, then advertisement is more suitable.
The amount of funds available for promotion will decide the promotional mix. The companies
having huge funds for promotion will favor advertisement and try to cover wider market. If the
funds are available are less than maximum portion of such funds will be allocated for personal
selling in a limited area. These funds may be used for window display also.
LIMITATIONS
Also, consumers and resellers have learned how to milk the sales promotion
game. Notably, consumers may wait to buy certain items knowing that eventually
prices will be reduced. Resellers, having learned this strategy long ago, are
experts at negotiating deals and manipulating competitors against one another,
so that, for example, one company's product may be on sale one week and its
competitor's the following week. Value-minded consumers then can regularly
find an equivalent product on sale, which may increase their loyalty to the store
at the cost of the manufacturers.
Our b2b Sales Development teams and Sales Training Programsfocus on teaching the key Sales
Skills that drive success. Take our Free Sales Assessment to discover how to master the following
skills.
Action Selling combines the above sales skills with a high-impact, non-manipulative selling process.
This process moves the sale forward more naturally because these skills are used in a sequence that
follows the decision-making process of the buyer.
The Action Selling Sales Program shows sales professionals how and when to use the key sales skills
that win business while following a research proven, step-by-step process; a sales
managementprocess used during every milestone of the sale cycle from planning, nurturing, and
closing, to building long-lasting customer loyalty.
The Action Selling Sales Training Program includes:
Here is a good list of tools and information to present to your sales team as part of their sales
training. Many of these can be put in writing for your new sales force to both read and keep for
future review.
Without proper training it can be harder than it needs to be. Sales Concepts provides sales
training seminars and programs, public sales training, customized sales training, trade show
sales training, phone sales training and individual training.
In addition to sales training, we also provide customer service training, leadership and
management training, telemarketing sales training, field service representative training,
presentation training and negotiation training.
We educate people about the sales process, listening, asking questions, negotiating value,
financial justification, return on investment, selling benefits, selling value, handling objections,
closing, behavior styles, telephone sales, first impressions, negotiating tactics, concessions,
power, intimidation, assumptions, creativity, presentations, hiring, coaching, and more.
Sales Concepts, Inc. celebrates over 28 years in business by continuing to offer cost-effective
innovative training programs.
Your program is delivered by our best resource, sales and service training professionals who
have experience in sales, service, leadership and management.
The successful implementation of training provides your customers with a lasting impression of
your high-quality organization. Your company also realizes increased employee loyalty and
satisfaction. Consider the payback.
Every viable program in sales has one major theme: accountability! The axiom, "every business
understands the importance in planning . . . you plan to never fail or you fail to never plan." Which
type of business do you operate?
There are many key Sales and Marketing considerations where programs must
be furnished:
Market Share - This is an aggregate look at the business's current position with products,
services and competitors. It is the analysis by segmentation of customers and products
and includes pricing considerations and how the business justifies prices.
Customer Base - This is an examination of your customers: where did they come from,
are they still using your company as their (major) vendor, and when was the last time
your staff communicated with them?
New Customer Markets - This is an analysis of ways in which your company can partner
with new customers. What are the profiles by market segment, geography, and product
needs?
Sales Strategy - The major area in the Sales Section of the company Marketing Plan
should include the following areas:
Sales Performance - These are all the pertinent numbers needed to reach the business
goals.
Goal Setting - This process examines resources, manpower, and products needed to
reach your goals. Then the sales activity needed to reach these goals, and specific
training needed to help your sales force is defined.
Training - This is an ongoing program that provides professional education with the sales
process (using non-pressure techniques), telemarketing, product knowledge, and
company policies.
Internet Presence - This is an analysis of the reason(s) that the business is online (or why
it should be), and a look at the current business web site to determine its effectiveness.
There is a thorough study into sales, e-commerce, customer support, the best ways to
build new customers and web site expansion areas.
Accountability and Performance Standards - This program sets the requirements of the
sales staff. It dissects each function of the job and places a standard in a numerical
format where daily performance can be judged by the salesperson. If the standard is hit
or exceeded each day, the salesperson knows their performance will reach the target
goal.
Sales Creators helps companies develop these tools and advises on ways to improve on current
systems. We assist in the planning process so that business accountability can be achieved
• LANGUAGE LIMITATION
Tropicana brand orange juice was advertised as Jugo de China in Puerto Rico,
but when transported to Miami’s Cuban community it failed. To the Peurto Rican,
China translated into orange but to the Cuban it was China the country and the
Cubans were not in the market for Chinese juice. One Middle East advertisement
featured an automobile’s new suspension systems which, in translation said the
car was suspended from the ceiling. Since there are at least 30 dialects among
Arab countries, there is ample room for error, what may appear as the most
obvious translation can come out wrong. For example a whole new range of
products in a German advertisement came out as whole new stove of products.
Cultural diversity
Cultural diversity is the variety of human societies or cultures in a specific region, or in the world
as a whole. (The term is also sometimes used to refer to multiculturalism within an organization.
This article does not currently cover that alternative meaning.) There is a general consensus
among mainstream anthropologists that humans first emerged in Africa about two million years
ago.[1] Since then they have spread throughout the world, successfully adapting to widely differing
conditions and to periodic cataclysmic changes in local and global climate. The many separate
societies that emerged around the globe differed markedly from each other, and many of these
differences persist to this day .
As well as the more obvious cultural differences that exist between people, such as language,
dress and traditions, there are also significant variations in the way societies organize
themselves, in their shared conception of morality, and in the ways they interact with their
environment.
By analogy with biodiversity, which is thought to be essential to the long-term survival of life on
earth, it can be argued that cultural diversity may be vital for the long-term survival of humanity;
and that the conservation of indigenous cultures may be as important to humankind as the
conservation of species and ecosystems is to life in general. The General Conference
of UNESCO took this position in 2001, asserting in Article 1 of the Universal Declaration on
Cultural Diversity that "...cultural diversity is as necessary for humankind as biodiversity is for
nature"[2]
This position is rejected by some people, however, on several grounds. Firstly, like
most evolutionaryaccounts of human nature, the importance of cultural diversity for survival may
be an un-testable hypothesis, which can neither be proved nor disproved. Secondly, it can be
argued that it is unethical deliberately to conserve "less developed" societies, because this will
deny people within those societies the benefits of technological and medical advances enjoyed by
those of us in the "developed" world.
In the same way it is unethical to promote poverty in underdeveloped nations as cultural diversity
it is also unethical to promote all religious practices simply because they contribute to cultural
diversity. Particularly, there are some practices that are recognized by the WHO and UN as
unethical: Female Genital Mutilation, Sati (burning the widow on the husbands burial pyre),
polygamy, child brides, human sacrifice, etc.
Some individuals, particularly those with strong religious beliefs, maintain that it is in the best
interests of individuals and of humanity as a whole that all people adhere to a specific model for
society or specific aspects of such a model. For example, evangelical missionary organisations
such as the New Tribes Mission actively work to support social changes that some observers
would consider detrimental to cultural diversity by seeking out remote tribal societies to convert
them to Christianity;[3]and Islamic groups strategically buy up land in Papua New Guinea.[citation
needed]
Cultural diversity is tricky to quantify, but a good indication is thought to be a count of the number
of languages spoken in a region or in the world as a whole. By this measure, there are signs that
we may be going through a period of precipitous decline in the world's cultural diversity. Research
carried out in the 1990s by David Crystal (Honorary Professor of Linguistics at the University of
Wales, Bangor) suggested that at that time, on average, one language was falling into disuse
every two weeks. He calculated that if that rate of language death were to continue, then by the
year 2100 more than 90% of the languages currently spoken in the world will have gone extinct.[4]
Overpopulation, immigration and imperialism (of both the militaristic and cultural kind) are
reasons that have been suggested to explain any such decline.
DEFINATION
People of different origins, cultures and ways of life living alongside each
other without one getting in the way of the other and trying to force their
ways on other people.
Existing perceptions based on tradition and heritages are often hard to overcome
.For example marketing researchers in Hong Kong found that cheese is
associated with Yeung-Yen (foreigner) and rejected by some Chinese. The
concept of cooling and heating the body is important in Chinese thinking – malted
milk is considered heating whereas fresh milk is cooling, brandy is sustaining,
and whiskey is harmful. Toyota introduced the Prado SUV in China only to learn
that the name sounded like the Chinese word for rule by force. This reminded
some Chinese of the 1937 invasion by Japan — not a nice memory at all.
Procter & Gamble’s initial advertisement for Pampers brand diapers failed
because of cultural differences between the United States and Japan. A US
commercial that showed an animated stork delivering Pampers diapers to homes
was dubbed into Japanese with the US package replaced by the Japanese
package and was put on the air. To P&G’s dismay the advertisement failed to
build the market. Some belated consumer research revealed that consumers
were confused about why this bird was delivering disposable diapers. According
to Japanese folklore giant peaches that float on the river bring babies to
deserving parents not storks.
ADVERTISE EFFECTIVENESS
In today’s business environment, the ability to prove effectiveness and maximize the return of online
marketing efforts at each step of the planning, execution and evaluation process is a necessity, and the
ability to benchmark your campaign efforts by reviewing delivery against your goals is crucial. comScore
Advertising Effectiveness solutions provide comprehensive measurement for digital and cross-media
campaigns, allowing for in-flight optimization and overall improved campaign ROI.
comScore ARS® creative pre-testing helps maximize ad quality and garner stronger campaign results by
using proven methods to predict the value your creative will have on your business across traditional and
emerging digital media channels.
comScore AdEffx™ offers several advantages versus the array of other advertising effectiveness solutions
in the marketplace, including a fully integrated platform that combines panel-based digital consumer
behavior with surveys and third-party database matches. Clients are empowered to choose the appropriate
solution from the suite depending on their specific campaign objectives rather than having the particular ad
effectiveness solution dictate the metrics provided. comScore’s unified platform also allows marketers to see
multiple points of impact from a campaign and develop models and best practices for campaign success
based on the entire campaign lifecycle.
While conducting the advertising campaign effectiveness evaluation the following indicators
are measured as a rule:
Besides, additional modules are added depending on the tasks set before the advertising
campaign. Often the study of the advertised product/service image or the competitor’s image
is one of the research components. The correspondence analysis is most often used for the
brand perception map creation.
The most suitable criteria for evaluating the effectiveness of advertising, depends on a number
variables, such as the advertising goals, the type of media used, the cost of evaluation, the value
that the business or advertising agency places on evaluation measures, the level of precision and
reliability required, who the evaluation is for and the budget. It is difficult to accurately measure
the effectiveness of a particular advertisement, because it is affected by such things as the amount
and type of prior advertising, consumer brand awareness, the availability of cost effective
evaluation measures, the placement of the advertising and a range of things about the product
itself, such as price and even the ability of the target audience to remember.
· E. Pomerance suggests that advertising agencies might attempt to measure effectiveness under
the five headings of Profits, Sales, Persuasion, Communication and Attention
1. Online measuring: firms are developing methods similar to those found in other media
to measure demographics, psychographics, location of Web access, media usage, and
buying habits. Clients can determine who saw their ads, determine reach, and ascertain
whether the right target audience was reached. Advertisers can test the impact of their
messages, receiving a report detailing impressions and clicks by time of day and day of
the week.
3. Surveys: surveys research, conducted both online and through traditional methods, is
employed to determine everything from site usage to attitudes toward a site.
4. Panels: adapting traditional panel research is the focus of some firms that provide
information on demographics, unique users, frequency of visitors, pages reviewed, and
how long a viewer stays at a site (“stickiness”)
Sales reporting
The sales reporting includes the key performance indicators of the sales force.
The Key Performance Indicators indicate whether or not the sales process is being operated
effectively and achieves the results as set forth in sales planning. It should enable the sales
managers to take timely corrective action deviate from projected values. It also allows senior
management to evaluate the sales manager.
Article Abstract:
In terms of sales abilities, Export Management Companies are usually as strong as the
principal allows them to be. The relationship between the principal and Export Management
Company is vital in developing the proper business. To be successful, the Export Management
Company benefits from the following aspects with its principal.
1. Determination
the power to pursue objectives, with self-motivation and perseverance
10. Passion
and enthusiasm. Passion and the ability to inspire passion in the people. My favourite one.
Achieving only average levels in all ten of those is for some people very hard. I am one
of those: very strong in a few points above but too weak in some others; I’ll
probably never be a salesman, but I enjoy understanding how it works and when looking
for a salesman for my company.
.
Consumer concern with the standards and believability of advertising may have
spread around the world more swiftly than have many marketing techniques. A
study
of representative sample of European consumers indicated that only half believed
made
them buy things they did not really need, and that ads were often deceptive about
product quality. In Hong Kong, Columbia and Brazil advertising fared much
better
broadcasting
Limit the volume of sponsored programs and provide for clear distinctions
the
industry
advertising, is too powerful and persuades consumers to buy what they do not
need.
Certainly this is an issue that has been debated in the U.S for many years.
Although nearly every sizable nation essentially has the same kids of media,
encountered
from one nation to another. The primary areas an advertiser must consider in
international advertising are the availability, cost and coverage of the media.
Local
variations and lack of market data provide fertile areas for additional attention.
countries have too few advertising media and others have too many. In some
some advertising materials. Such restrictions are most prevalent media in radio
and
television broadcasting. In many countries there are too few magazines and
newspapers to run all the advertising offered to them. Conversely, some nations
segment the market with so many newspapers that the advertiser cannot gain
spare discounts are often split with the client to bring down the cost media. The
advertiser may find the cost of reaching a prospect through advertising depends
on
the agent’s bargaining ability. The per-contract cost varies widely from country to
country. One study showed the cost of reading a thousand readers in 11 different
Coverage – Closely akin to the cost dilemma is the problem of coverage. Two
points are particularly important: one relates to the difficulty of reaching certain
sectors of the population with advertising and the other to the lack of information
on
reach the majority of the markets. In some countries, large numbers of separate