marketing communications online & offline
TRANSCRIPT
Harshvardhan
Jasmeen
Jay
Jerry
Jigar
Marketing Communications
(Part 2)
05-02-2015 1
Sales!!
Doesn’t that sound boring , monotonous !!!
Instead
New business development
Account manager
Key account manager
Relationship manager
Marketing executive are often preferred
FUNCTIONS OF SELLING
SELLING
• The purpose of selling is not just to sell.
• Master salespeople gather intelligence and build relationships !
• Team selling may become more popular as –
research and development,
production, distribution,
sales,
marketing head
even legal and financial people work with the customer.
CONSULTATIVE SELLING
Looking at customers as partners withwhom a company wishes to develop along-term, repeat-business relationshiprequires a shift in the business paradigmfrom ‘selling to them’ to ‘working withthem.
KEY ACCOUNT MANAGEMENT (KAM)
• Key account management means managing the most important customer relationships.
• Requires highly skilled senior salespeople or senior management.• Solutions selling and collaborative selling.• Negotiating skills • Legal skills (an understanding of legal issues and contracts).
STAGES OF KAM
MANAGING THE SALES FORCE
Types of salespeople
Recruiting
Training
Motivating
Controlling
THE 7P APPROACH TO SELLING SKILLS
-approach identifies areas for skill improvement
1. Prospecting (looking for potential customers);
2. Preparation (objective setting, continual customer research, etc);
3. Presentation (demonstration, discussion);
4. Possible problems (handling objections);
5. ‘Please give me the order’ (closing the sale or getting the order);
6. Pen to paper (recording accurately all relevant details);
7. Post-sales service (developing the relationship).
RECRUITING
• Determining the right size and structure of the sales force.
• What is the optimum call frequency?
• Who should service the account?
• Recruitment is a continual process that demands skills, cash and time.
# The New York Sales and Marketing Association (2002) revealed that 71 per cent of customers buy from a salesperson simply because they like and trust the salesperson.
TRAINING• Training is an ongoing affair, not a
one-off activity. It is a continuousprocess. Like thinking, it requirespractice
• The three pieces of knowledge thatthe professional salesperson musthave are:
1. Product knowledge (marketing mix,features and benefits, and uniqueselling propositions – USPs).
2. Market knowledge (customers andcompetitors).
3. Company knowledge (history,structure, etc).
MOTIVATING
• Publishing the monthly sales figures againsttargets for each sales rep and circulating thefigures among the sales team.
leading to competition among members, which may inhibit themfrom sharing ideas,contacts, leads and even closing techniques.
• Psychic income offers - being valued,recognized, rewarded and challenged .
• Even a clap on the back, a thank-you !
Controlling the sales force involves analysing sales:
1. by product
2. by market or region
3. by salesperson
Sales can also be analysed by profitability or thecontribution each order makes towards the overallprofitability of the organization - encouraging thesalesperson to sell higher-margin products or services ratherthan succumbing to the temptation of –
1) giving discounts
2) pushing easier
3) low- margin items.
CONTROLLING
TELEMARKETING - used for appointment setting, lead generation, list building or cleaning, market research, customer care and even shareholder communications.
MULTI-LEVEL MARKETING - system of selling goods directly to customers through a network of self-employed sales people.
manufacturer distributors,
more distributors more distributor .. . . . . .
Each distributor is on a particular level of discounts.-effectively earning income on their own direct sales to the distributors they have recruited.
SUMMARY
• Sales Force is a key marketing resource that can determine the success or otherwise of any organization.
• Sales teams and marketing people need to work together more closely to share intelligence and leads in a systematic process.
• Managing the sales resource requires clear management skills.
Advertising is changing all the time.morphing into dialogues,social media,user-generated content and a myriad of wonderful new ways of communicating with customers.
These includes -1. Contextual advertising,2. Behavioural advertising, 3. Location-based advertising, 4. User-generated ads, 5. Long-form and short- form ads,6. Apps, social TV, 7. Postmodern ads
NEW ADVERTISING METHODS
1. Contextual advertising and behavioural
advertising 2. Location-based advertising 3. User-generated ads 4. Long-form ads 5. Short-form ads 6. Sponsored TV 7. Apps 8. Integrated mobile apps,9. TV and social TV 10. Postmodern ads
MANAGING AN ADVERTISING CAMPAIGN
Full marketing plan,- an advertising plan - an integrated social media plan.
Situation –What are the current sales trend, market share trend and overall market trend? Are there any regions or segments that buy more than others? How big are the competition’s sales (per region and per distribution channel)? What is the profile of the customer and of the non-customers who might be converted? Who is the target market now and in the future? Who are the heavy users? When do they buy? Where do they buy? How is the brand positioned in the minds of various target markets?
PRODUCT INTERROGATION
1. Is there anything unique about the pro- duct (a unique selling proposition – USP)?
2. product characteristics, 3. user characteristics, 4. ways of using, 5. benefits of using,6. dis- advantages of non-usage, 7. competitor comparisons, 8. product heritage, 9. customer cases, 10. newsworthiness and more.
# Social media potential -Some social media tools can be used to
identify hot topics, phrases and even words (eg Google Zeitgeist and Google Trends).
# Trendidentification
Publicity and PR
05-02-2015 26
Sanjay Jha - Congress Spokesperson05-02-2015 27
Introduction
• What is PR?
• Public Relation and Marketing
• Product PR and Corporate PR
• PR is more than communication
• PR Mix
05-02-2015 28
New and Old PR Tools
•Media Relations and Publicity
•News Release• Online Newsroom
•Press Conference and interviews
•Video News release
• Syndicated Radio Interviews and down the line interviews
05-02-2015 29
New and Old PR Tools (contd)
•Blogs, Facebook and Twitter
•Photography
•Publicity Stunts
•Viral Marketing
05-02-2015 30
Admiral Lord Nelson supporting the London bid for the 2012 Olympics
Photography
05-02-2015 31
Publicity Stunt
05-02-2015 32
Advantages and Disadvantages of PR
• Differences of editorial coverage over advertising
1. No media cost
2. Higher Credibility
3. Lack of control• Uncontrollable publicity – any publicity is good
publicity?
• Controlled integration of publicity
• Crisis Management – avoid legal action
• Control – measuring media relations
05-02-2015 33
Footballer takes on the press
• John Terry was granted a super-injunction to stop newspapers reporting details of his alleged affairs.
• But when the judge overturned the ruling a week later, the scorned media went in for the kill.’
- Luckett (2010)
05-02-2015 34
Sponsorship – online and offline
05-02-2015 35
Introduction
• What is sponsorship?
05-02-2015 36
New and Old Sponsorship Tools
Let’s take an example
1. Sponsoring a catch – fan catches 33,000 pizzas
2. Sponsoring bad sex – Hamlet Cigars
• sponsored Literary Review’s
• Annual Bad Sex Grand Booby Prize.
• The award is given to the writer whose novel contains the worst description of the sex act.
05-02-2015 37
Managing a Sponsorship Programme
• Situation – the target audiences
• Objectives
• Sponsorship strategy
• Tactical plans
• Action
• Control – monitor, measure and evaluate
05-02-2015 38
Objectives
• Increase awareness
• Build an image
• Improve or maintain relations
• Increase sales and open closed markets
• Increase sales (sampling and direct sales)
• Attract distributors or agents
• Create promotional material
• Circumventing advertising bans05-02-2015 39
Strategy
Tiger Woods and a watch
• Tag Heuer and Tiger Woods
• £1.5 million
• Tiger Woods’s and Tag Heuer’s brand values: timing, focus and commitment.
05-02-2015 40
Advantages and Disadvantages
• Advantages• cost-effective (compared to advertising)
• help to build a brand
• goodwill and affection
• global markets
• (eg the World Cup) or local niches (eg a local art theatre)
• Disadvantages• Sponsorship cannot close sales; only creates awareness.
• limited message - brand name
• Message cannot be controlled
• Ambush Marketing05-02-2015 41
Ambush Marketing – e.g. NIKE
05-02-2015 42
Key Points
• Almost anything can be sponsored
• Almost any target audience can be reached through sponsorship
• Choose sponsorship programme carefully and separate the initial excitement from the numerical analysis
• Cost effective – range of different objectives
• Maximize leverage
05-02-2015 43
Key Points
• Does not have total control over the message
• Think global, act local
• Budgets should be secured
• Keep employees informed
• Run a small pilot scheme
• Beware of ambush marketing
05-02-2015 44
Promotions
05-02-2015 45
Why we do Promotions?
05-02-2015 46
Promotion Strategy
A plan for the optimal use of
the elements of promotion:
Advertising
Public Relations
Sales Promotion
Personal Selling
PromotionalStrategy
Competitive
Advantage
05-02-2015 47
1. Movement towards Relationship marketing.
2. Recessions- Price conscious customers.
3. Powerful Retailers.
4. High Television Advertising.
SALES
PROMOTIONS
FACTORS FOR GROWTH ?
05-02-2015 48
05-02-2015 49
05-02-2015 50
05-02-2015 51
05-02-2015 52
05-02-2015 53
05-02-2015 54
05-02-2015 55
05-02-2015 56
05-02-2015 57
05-02-2015 58
05-02-2015 59
05-02-2015 60
05-02-2015 61
05-02-2015 62
05-02-2015 63
05-02-2015 64
05-02-2015 65
05-02-2015 66
05-02-2015 67
05-02-2015 68
Exhibitions
05-02-2015 69
EXHIBITIONS• Exhibitions are the only medium that brings the whole
market together – buyers, sellers and competitors.
• All under one roof for a few days.
• Products and services can be seen, demonstrated or tested, and face-to-face contact can be made with a large number of relevant decision makers in a short period of time.
• Exhibitions are a powerful Marketing Communication Tool, but they require detailed planning whether offline, online or in virtual worlds.05-02-2015 70
MANAGING EXHIBITIONS
SITUATIONS OBJECTIVES STRATEGY TACTICS ACTIONS CONTROL
05-02-2015 71
Reasons for POOR PERFORMANCE
INADEQUATE SOP
POOR VISITORS
BAD LOCATION
BUYERS
ARRANGEMENTS
COSTS & BUDGETS05-02-2015 72
ADVANTAGES
WHOLE MARKET UNDER
ONE ROOF
BUSINESS GENERATION
DISADVANTAGES
COSTLY AFFAIR
TIME CONSUMING
05-02-2015 73
KEY POINTS
• HARD WORK
• CONTACT STRATEGY
• NEED VISITORS
• 2M’s
05-02-2015 74
Packaging
05-02-2015 75
PackagingImportance of packaging .Functions(Protect ,Convenience,Communicate)six variables (shape,size, colour, graphics, materials and smell).
Case Study (Boroline Vs BoroPlus)
05-02-2015 76
Websites and Social Media
How to satisfy customers ?1) High quality content; 2) Easy navigation; 3) quick
downloading; and 4) updated info .
1) High quality content● Scenario planning (Relevance Info)● Personas; (Capturing User’s Experience)● Sizzle; (Virtual Tours , Camera Company , Bacardi ,Harley Davidson Etc)● Customer engagement
05-02-2015 77
2) Easy navigation●Simple (7 is best)●Consistent (Page layouts,etc)●Sign Posts
How to convert visitors to customers ?●Call to Action(Strong Incentive)●Price Lining●Simplified process (Easy Form Filling)●Reduced Customer Anxiety(Provide Contact Details , Money Back Guarantee , COD)●Contact Strategy●Relevant Landing Pages●Digital Body Language
05-02-2015 78
Successful Social Media(Social Media Optimization is new SEO.)
●Create a Presence●Listen● Join the Conversation●Content Strategy●Measure and Report
05-02-2015 79
The End.
05-02-2015 80
05-02-2015 81