advantages of tv advertising creativity and impact coverage and cost effectiveness (but what about...

22
Advantages of TV Advertising • Creativity and impact • Coverage and cost effectiveness (but what about target market reach and waste coverage) • Captivity and attention • Selectivity and flexibility

Post on 21-Dec-2015

215 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and

Advantages of TV Advertising

• Creativity and impact

• Coverage and cost effectiveness (but what about target market reach and waste coverage)

• Captivity and attention

• Selectivity and flexibility

Page 2: Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and

Disadvantages of TV Advertising

• Costs

• Lack of selectivity

• Fleeting message

• Clutter

• Limited viewer attention

• Distrust and negative evaluation

Page 3: Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and

Advantages of Radio Advertising

• Cost and efficiency

• Selectivity

• Flexibility

• Mental Imagery

• Integrated marketing opportunities

Page 4: Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and

Limitations of Radio Advertising

• Creative limitations

• Fragmentation

• Chaotic buying procedures

• Limited research data

• Limited listener attention

• Clutter

Page 5: Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and

Advantages of Magazine Advertising

• Creativity and impact

• Coverage and cost effectiveness (but what about target market reach and waste coverage)

• Captivity and attention

• Selectivity and flexibility

Page 6: Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and

Disadvantages of Magazine Advertising

• Costs

• Lack of selectivity

• Fleeting message

• Clutter

• Limited viewer attention

• Distrust and negative evaluation

Page 7: Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and

Advantages of Newspaper Advertising

• Cost and efficiency

• Selectivity

• Flexibility

• Mental Imagery

• Integrated marketing opportunities

Page 8: Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and

Limitations of Newspaper Advertising

• Creative limitations

• Fragmentation

• Chaotic buying procedures

• Limited research data

• Limited listener attention

• Clutter

Page 9: Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and

TV Advertising is Good when…

• You need to reach lots of segments that are fairly similar or they are going through the same hierarchy of effects

• You need to convey a dynamic message or one with strong visual imagery

• Your message can be grasped in 30 seconds

• You have ample budget

Page 10: Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and

Radio Advertising is Good when…

• You need to reach local markets

• You have enough budget to advertise on lots of stations

• You have a simple message

• You can use “theater of the mind”

Page 11: Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and

Magazine Advertising is Good when…

• You need to target special interest groups

• Magazine readers regularly read the ads (e.g. with Vogue)

• A static, visual message can work well

• Customers are looking in the magazine for information on products they are seeking

Page 12: Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and

Newspaper Advertising Works Well When…

• Your target market segments are local

• A special interest group lines up well with a particular newspaper section

• An incentive is being advertised, or

• A special event of somewhat broad interest is being advertised

Page 13: Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and

Sales Promotion…

• Is an incentive to get customers, channel members, or the sales force to take some action (like buying)

• Has 2 basic types– Price reduction effect (e.g. rebates, coupons)

– Incentive based on something other than price(e.g. a contest)

• Always conveys one or more messages, intended or unintended

Page 14: Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and

Good Times or Reasons to use Sales Promotion

• When price promotion is consistent with brand image or positioning

• When introducing a new product

• When trying to move inventory, or trying to get the most out of a bad idea (e.g. a clothing line that didn’t work out)

• But be careful what message is conveyed

Page 15: Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and

Sales Promotion is good for…

• Getting attention

• Getting liking (maybe)

• Getting trial

• Getting purchase

• But again, be careful what message is conveyed

Page 16: Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and

Key Aspects of Sales Promotion to Keep in Mind

• It’s an extra incentive

• It’s a sales accelerator, often

• Often the channel is the target

• It can be consumer oriented, trade oriented, or aimed at business customers

Page 17: Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and

Use of Sales Promotion has grown due to…

• Power of retailers• Lower brand loyalty• More sensitivity to promotion• More brands• Fragmented consumer market• Short term view• More accountability• Competition• Clutter

Page 18: Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and

Purposes of Trade Oriented Sales Promotion

• New product distribution

• Maintain trade support and market share for established products

• Get display and other kinds of promotional support

• Build channel inventories

Page 19: Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and

Public Relations and Publicity

• Manage relationships with publics, e.g.– Consumers– Government– Community– Investors– Employees– General public– Industry– News media

• Publicity is managing relationships with news media

Page 20: Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and

Advantages of PR

• Credibility

• Cost

• Avoid clutter

• Generate leads

• Access to small groups at reasonable $

• Image building

Page 21: Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and

Disadvantages of PR

• Loss of control

• Hard to measure

• Incomplete communication

Page 22: Advantages of TV Advertising Creativity and impact Coverage and cost effectiveness (but what about target market reach and waste coverage) Captivity and

To do PR well…

• Clear consistent messages

• Well planned PR/publicity campaigns

• Treat press and other audiences as “customers” for your information – what can you do for them?

• Minimal hype; maximum candor (within reason)