1 ©2012 cengage learning. all rights reserved. may not be scanned, copied or duplicated, or posted...
TRANSCRIPT
1 ©2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
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Planning Advertising and Integrated Brand Promotion
Planning Advertising and Integrated Brand Promotion
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©2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
2 ©2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
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Polishing the Apple—Again and AgainPolishing the Apple—Again and Again
Apple’s launch of the iPad used a comprehensive and creative
IPB campaign:
✦ The iPad was scheduled to go on sale in Spring 2010.✦ The “launch” started months before, however, with rumors circulating
weekly.
✦ Steve Jobs gave a sneak preview in January 2010 again teasing Apple fans.
✦ No ads ran for the two months, but the buzz was already built as bloggers started to speculate about the functionality and virtues of the iPad.
✦ The first ads ran during the Oscars in March 2010, followed by 2.4 million views on YouTube—a huge viral effect for the brand.
✦ Next, branded entertainment kicked in with the iPad featured the entire episode of Modern Family on March 31, 2010.
✦ The official sales date was finally set as April 3, 2010.
✦ Long lines began to form outside retail outlets on April 2, 2010.
©2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Advertising Plan and Its Marketing ContextAdvertising Plan and Its Marketing Context
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Marketing PlanMarketing Plan
Ad PlanAd Plan
Specifies thinking and tasks needed to conceive and implement an effective advertising effort
©2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Advertising Plan ComponentsAdvertising Plan Components
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Situation Analysis
Objectives
Budgeting
Introduction
Strategy
Execution
Evaluation
©2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Advertising Plan ComponentsAdvertising Plan Components
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IntroductionIntroduction • Executive Summary
• Overview
Situation AnalysisSituation Analysis• Cultural Context• Ethnocentrism
• Self-Reference Criterion
• Historical Context• Industry Analysis• Market Analysis• Competitor
Analysis
©2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Advertising Plan Components: Advertising Plan Components:
• To create or maintain brandawareness
• To change consumer beliefs orattitudes
• To influence purchase intent• To stimulate trial use• To convert one-time users into
repeat purchasers• To encourage brand switching
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ObjectivesObjectives
©2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Communication vs. Sales ObjectivesCommunication vs. Sales Objectives
Advertising = Sales?Advertising = Communication?Effective Communication = Sales?– Focusing on communications objectives allows
advertisers to consider a broad range of strategies.
– Communications recognizes a greater complexity inthe advertising/IBP process. Building brand loyalty
can take years—and might not affect sales in the short
term
– While there is tension, both objectives can be used
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©2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Advertising Plan Components: ObjectivesAdvertising Plan Components: Objectives
• Quantitative benchmarks
• Measurement/criteria for success
• Time frame
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Characteristics of Characteristics of Workable ObjectivesWorkable Objectives
©2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Advertising Plan Components: BudgetingAdvertising Plan Components: Budgeting
• Percentage of saleso Does not relate spending to objectives
• Share of market/voiceo Likely to only maintain “status quo” market share
• Response modelso Associates dollars spent on advertising to sales generated
o Assumes simple causality
• Objective and Tasko Preferred and most strategic approach
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Budgeting MethodsBudgeting Methods
©2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Implementing Objective and Task BudgetingImplementing Objective and Task Budgeting
Determine Determine Cost Cost Based on Based on Build-up Build-up AnalysisAnalysis•Production costs•Ancillary costs•Other promotion/IBP•Reach•Frequency•Time frame•Media
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Compare Costs Against Compare Costs Against Industry and Corporate Industry and Corporate
BenchmarksBenchmarks
Reconcile andReconcile andModify BudgetModify Budget
Determine Time Frame Determine Time Frame for Payoutfor Payout
©2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Advertising Plan ComponentsAdvertising Plan Components
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StrategyStrategy • Brand Name Recognition?
- Repetition andfrequency
- Broaden appeal to new segments
- Rhyming games
• Trial Use Stimulation?
- Introductory offers
- Product guarantees
• Brand Switching?
- Value Propositions
- Product comparisons
©2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Advertising Plan ComponentsAdvertising Plan Components
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ExecutionExecution • Creative Brief• Copy Strategy• Media Plan• Integrated Brand Promotion
EvaluationEvaluation • Criteria• Methods• Consequences
©2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
The Role of the Advertising Agency in Planning Advertising and IBPThe Role of the Advertising Agency in Planning Advertising and IBP
• Advertiser must bring to the table an assessment of the brand’s value, the external environment, and opportunities and threats.
• The advertising agency’s role is to translate the current marketing plan and market status of the brand into:o advertising objectives
o advertising strategieso finished advertisements and IBP materialso media placement and execution of advertising and IBP
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