advertising and marketing process
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Advertising and marketing process
Submitted to : madam khizra
Submitted by : isma wajid
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Advertising and marketing process Marketing A process of planning and executing pricing promotion and distribution of idea, goods and services to create exchange that satisfy needs want and the objectives of customer and organization.
Advertising role in market
Advertising is an integral but relatively small part of marketing. Advertising riddle part of marketing plan. Needs of customer are satisfied in this process.
Marketing mix
“A blend of activities such as designing the product and its packaging pricing the product, distributing the product and promoting or communicating about the product”.
Market: The place where buyers and sellers meet.
Types of market 1) Consumer market
Consumer market consists of people who buy goods and services for personal or household use.
2) Business to business (industrial)Business to business market Consist of the companies that buy products or services to use in their own business or in making of other products.
3) Reseller market The reseller market is made up of what we call intermediaries reseller are wholesaler and retailers.
4) Institutional market Institutional market include a wide verity of profit and nonprofit organizations like schools hospitals etc that provide goods and services for the profit of society
Four tools of marketing
1) Product: Product is the object of advertising and reason for marketing.
The product
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Characteristics of product tangible and intangible
Tools of product
Design and development:Physical ingredientsIntangible Demonstrated
Branding Brand markTag lineCopy writing
Packaging Look of product Tips for packaging: colorful and distinctive Brand image Functional as possible
Maintenance
2) Channels of distribution
Tangible characteristics
Size
Features
Package
Taste
Colors
Intangible features
Style
Quality
Image
Prestige
Brand name Advertising message
Message strategy
Interpretation by customer
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The entire mean which distribute product from the manufacturer to customer are called channels of distribution.
Direct channel of distribution Indirect channels of distribution
Three Strategies of marketing
Push:Manufactures efforts related to wholesalers, wholesaler efforts related to retailer and retailers to consumer.PullIt is time taking strategies it’s not good for long term marketing.Combination Most of the companies use combination strategy.It is the best strategies Flow of marketing between channels of distribution with the help of strategies
Push pull Combination
Manufacture ↓
Manufacture ↑
Manufacture ↑↓
Whole seller ↓
Whole seller ↑
Whole seller ↑↓
Market that directly hit the customer
It’s expensive Ex:
Online marketing
Market that indirectly hit the customer
Expectations with wholesaler and retailers
Its cost efficient
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Retailer ↓
Retailer ↑
Retailer ↑↓
Consumer Consumer Consumer
3) Pricing A number of pricing strategies influence advertising strategy. Changes in price should be relayed through advertising. Psychological strategies try to manipulate customer’s judgments
4) Marketing communication ABCDE
A: advertising
B: personal selling
Door to door selling
Mobile selling’s
C: sales promotion
Special discount is its best example and it is extra instance to generate extra revenue
D: Public relation
Create good will among the people toward your product through communication
E: POS _ point of sale