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Chapter 15 Advertising and Public relations Dylan Harriger Brandon Ayers Erika Rodriguez J.T Jakubik Ramon Madden

Chapter 15

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Page 1: Chapter 15

Chapter 15 Advertising and Public relations

Dylan Harriger Brandon AyersErika Rodriguez J.T JakubikRamon Madden

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Major Advertising decisions • Table 15.1 Possible Advertising ObjectivesInformative Advertising• Communicating customer value• Building a brand and company

image• Telling the market about a new

product• Explaining how a product works

• Suggesting new uses for a product

• Informing the market of a price change

• Describing available services & support

• Correcting false impressionsPersuasive Advertising• Building brand preference• Encouraging switching to a brand• Changing customer perceptions of

product value

• Persuading customers to purchase now

• Persuading customers to receive a sales call

• Convincing customers to tell others about the brand

Reminder Advertising• Maintaining customer

relationships• Reminding consumers that the

product may be needed in the near future

• Reminding consumers where to buy the product

• Keeping the brand in a customer’s mind during off-seasons

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3 Types of Advertising

Informative AdvertisingPersuasive AdvertisingReminder Advertising

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Informative Advertising Communicating Customer value. Building a brand & Company Image. Telling the market about a new product. Explaining how a product works. Suggesting new used for a product. Informing the market of a price change. Describing available services and support. Correcting false impressions.

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Persuasive Advertising Building brand preference. Encouraging switching to a brand. Changing customer perceptions of a

product value. Persuading customers to purchase now. Creating customer engagement. Building brand community.

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Reminder AdvertisingMaintaining customer relationships.Reminding consumers that the product

may be needed in the future.Reminding consumers where to buy

the product.Keeping the brand in customer’s minds

during off-seasons.

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Execution Styles

It is the approach, style, tone, words, and format used for executing an advertising message.There are nine execution styles listed in the textbook.

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1. Slice of life

Shows one or more “typical” people using the product in a normal setting.Silk Soymilk “Rise and Shine” ad.https://www.youtube.com/watch?v=Cjsfh-R_2_Q

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2. Lifestyle Shows how a product fits in with a particular

lifestyle.Ex. Buying a Harley-Davidson means you are a

tough biker gang person.https://www.youtube.com/watch?v=HkJvzlN4reY

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3. Fantasy Creates a fantasy around the product or its use.Ex. Calvin Klein “Drive in to Fantasy”

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4. Mood or Image Builds a mood or image around the product or service. Ex. The Orkin Man commercials make you feel that they will get the job in a military fashion.

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5. Musical People or cartoon characters singing about the

product.“I Wish I Was An Oscar Meyer” song.https://www.youtube.com/watch?v=aNddW2xmZp8This song is in 40 different styles of music.

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6. Personality Symbol

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7. Technical Expertise

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8. Scientific Evidence

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9. Testimonial Evidence or endorsement

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Profiles of Major Media Types

TelevisionSocial MediaNewspapersDirect MailMagazinesRadioOutdoor

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TelevisionAdvantages

Covers mass marketing with low cost per exposure

Very appealing to watchersLimitations

High costLess audience selectivity

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Social MediaAdvantages High selectivityLow costsEngagement capabilities for customers

Limitations Low impactHigh audience control of content and

exposure

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NewspapersAdvantagesFlexibleGood local market coverageHigh believability

LimitationsShort lifePoor reproduction qualitySmall pass-along audience

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Direct MailAdvantagesHigh audience selectivityFlexibility No competition with same mediumAllows personalization

LimitationsHigh cost per exposureLots of spam

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MagazinesAdvantagesHigh geographic and demographic

selectivityCredibility and prestigeHigh quality reproduction

LimitationsLong ad purchase lead timeHigh costNo guarantee of position

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RadioAdvantagesGood local acceptanceHigh geographic and demographic

selectivityLow cost

LimitationsAudio onlyLow attentionFragmented audiences

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OutdoorAdvantagesFlexibilityHigh exposureLow cost with low competition Good positional selectivity

LimitationsLittle audience selectivityCreative limitations

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The Super bowl: The Mother of all Advertisement Events- But is it worth it?

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Public Relations Consist of activities designed to

engage and build good relations with the company’s various publics.

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Functions of Public Relations

Press Relations or press agency Product Publicity Public affairs Lobbying Investor relationsDevelopment