Chapter 15
Advertising media selection
1. Determining reach, frequency, impact and engagement 2. Choosing among major media types 3. Selecting specific media vehicles 4. Choosing media timing
Persuasive --> comparative or attack advertising
A company directly or indirectly compares its brand with one or more other brands
Advertising agency
A marketing services firm that assists companies in planning, preparing, implementing, and evaluating all of portions of their advertising programs
Advertising objective
A specific communication task to be accomplished with a specific target audience during a specific period of time
Madison & Vine
A term that has come to represent the merging of advertising and entertainment in an effort to break through the clutter and create new avenues for reaching customers with more engaging messages
Advantages/Limitations of Newspaper
Advantage - Flexibility; timeliness; good local market coverage; broad acceptability; high believability Limitations - Short life; poor reproduction quality; small pass-along audience
Advantages/Limitations of Radio
Advantage - Good local acceptance; high geographic and demographic selectivity; low cost Limitations - Audio only; fleeting exposure; low attention; fragmented audiences
Advantages/Limitations of Direct mail
Advantage - High audience selectivity; flexibility; no ad competition within the same medium; allows personalization Limitations - Relatively high coster per exposure; "junk mail" image
Advantages/Limitations of Magazines
Advantage - High geographic and demographic selectivity; credibility and prestige; high-quality reproduction; long life and good pass-along readership Limitations - Long ad purchase lead time; high cost; no guarantee of position
Advantages/Limitations of Outdoor
Advantages - Flexibility; high repeat exposure; low cost; low message competition; good positional selectivity Limitations - Little audience selectivity; creative limitations
Advantages/Limitations of TV
Advantages - Good mass-marketing coverage; low cost per exposure; combines sight, sound, and motion; appealing to the senses Limitations - High absolute costs; high clutter; fleeting exposure; less audience selectivity
Advantages/Limitations of Digital and social media
Advantages - High selectivity; low cost; immediacy; engagement capabilities Limitations - Potentially low impact; high audience control of content and exposure
Merging of advertising and entertainment takes on of two forms:
Advertainment Branded entertainment
Deciding on media timing
Advertiser must also decide how to schedule the advertising over the course of a year
Advertising
Any paid form of non personal presentation and promotion of ideas, goods, or services by an identified sponsor
Public affairs
Building and maintaining national or local community relationships
Lobbying
Building and maintaining relationships with legislators and government officials to influence legislation and regulation
Public relations (PR)
Building good relations with the company's various publics by obtaining favorable publicity; building up a good corporate image; and handling or heading off unfavorable rumors, stories, and events
Frito-Lay was looking for new flavors for potato chips and ran a multi-stage contest among consumers who submitted ideas for new chips. Those entries eventually were narrowed to three flavors which were then manufactured and tested in the market. What tactic was Frito-Lay employing? Market reach Consumer-generated content Slice of life Media impact Engagement
Consumer-generated content
Pattern of ads
Continuity - Scheduling ads evenly within a given period Pulsing - Scheduling ads unevenly over a given period
Press relations or press agency
Creating and placing newsworthy information in the news media to attract attention to a person, product, or service
Mood or image
Execution style Builds a mood or image around the product or service such a beauty, love, intrigue, serenity, or pride
Personality symbol
Execution style Creates a character that represents the product
Fantasy
Execution style Creates a fantasy around the product or its use
Testimonial evidence or endorsement
Execution style Features a highly believable or liable source endorsing the product
Scientific evidence
Execution style Presents survey or scientific evidence that the brand is better or better liked than one or more other brands
Lifestyle
Execution style Shows how a product fits in with a particular lifestyle
Slice of Life
Execution style Shows one or more typical people using the product in a normal setting
Musical
Execution style Shows people or cartoon characters singing about the product
Technical expertise
Execution style Shows the company's expertise in making the product
Reminder advertising
Important for mature products; it helps to maintain customer relationships and keep customers thinking about the product
Primary purpose of advertising objective
Inform Persuade Remind
Branded entertainment (brand integrations)
Involves making the brand an inseparable part of some other form of entertainment. The most common form is product placements - embedding brands as props within other programming
Investor relations
Maintaining relationships with shareholders and others in the financial community
Public relations tools
News Special events Written materials Audiovisual materials (DVDs) Corporate identity materials Public service activities
_____ becomes more important as competition increases. With this type of advertising, a company's objective is to build selective demand Institutional advertising Not-for-profit advertising Informative advertising Reminder advertising Persuasive advertising
Persuasive advertising
______ refers to all the mass-promotion activities designed to engage and build good relations with the company's various publics Promotion strategy Promotional position Advertising strategy Advertising position Public relations
Public relations
Product publicity
Publicizing specific products
Determining reach, frequency, impact, and engagement
Reach - A measure of the percentage of people in the target market who are exposed to the ad campaign during a given period of time Frequency - A measure of how many times the average person in the target market is exposed to the message Media impact - The qualitative value of message exposure through a given medium Engage - To engage customers rather than simply reaching them
Four important decisions when developing an advertising program
Setting Advertising Objectives -Communications objectives -Sales objectives Setting the advertising budget -Affordable approach -Percent of sales -Competitive parity -Objective and task Developing advertising strategy: Message Decisions -Message strategy -Message execution Media Decisions -Impact and engagement -Majormedia types -Specific media vehicles -Media timing Evaluating advertising campaigns -Communication impact -Sales and profit impact -Return on advertising
Media vehicle
Specific media within each general media type
Brand's advertising budget depends on...
Stage in the product life cycle - New products need large advertising for awareness Market share - Building the market or taking market share from competitors requires larger advertising spending
Consumer-generated content
Taking advantage of today's digital and social media technologies, tapping consumers for marketing content, message ideas, or actual ads and videos
Major media types
Television, digital and social media, newspapers, direct mail, magazines, radio, and outdoor
Execution style
The approach, style, tone, words, and format used for executing an advertising message
Creative concept (big idea)
The compelling "big idea" that will bring an advertising message strategy to life in a distinctive and memorable way
Advertising budget
The dollars and other resources allocated to a product or a company advertising program
Message strategy
The general message that will be communicated to consumers
Return on advertising investment
The net return on advertising investment divided by the costs of the advertising investment
Advertising strategy
The strategy by which the company accomplishes its advertising objectives. It consists of two major elements: creating advertising messages and selecting advertising media
Advertising media
The vehicles through which advertising messages are delivered to their intended audiences
Advertising clutter
Today's consumers, armed with an arsenal of weapons, can choose what they watch and don't watch. Increasingly, they are choosing not to watch ads.
Advertiser must...
Tone Words Format Illustration Headline Copy
Informative advertising
Used heavily when introducing a new product category
Development
Working with donors or members of nonprofit organizations to gain financial or volunteer support
Franklin & Marshall College wishes to contact high school seniors at independent schools in Pennsylvania. Which of the following media would be most effective and efficient? radio ads throughout the state local newspapers ads throughout the state a direct mail piece sent to selected students billboards throughout the state a Facebook page for the college
a direct mail piece sent to selected students
Brands in a market with many competitors and high advertising clutter must ____ never be advertised using informative advertising be advertised only through print and social media be advertised only during the mature stage of the product life cycle be advertised more heavily to be noticed in the marketplace have very high prices compared to competitors
be advertised more heavily to be noticed in the marketplace
Product placement in television programs and movies is an example of ______ branded entertainment advertainment direct marketing buzz marketing sales promotion
branded entertainment
Competitive parity and task methods are considered when making decisions about _____ message effectiveness media selection message structure budget sales objectives
budget
Which of the following is a media measure? human development index GDP per capita consumer price index wholesale price index click-through rate
click-through rate
Which of the following is a major step in selecting advertising media? developing a compelling creative concept planning a message strategy deciding on format elements selecting message execution style determining reach, frequency, and impact
determining reach, frequency, and impact
Advertising appeals should be meaningful, believable, and ____ accurate direct emotional distinctive authentic
distinctive
An advertisement's ___ refers to the style, tone, words, and format employed in delivering the brand message direct concept scope execution creative concept content strategy
execution
Advertising objectives can be classified by whether their primary purpose is to ______ persuade, or remind describe products engage inform promote communicate value to the business
inform
Aim of advertainment
is to make ads themselves so entertaining, or so useful, that people want to watch them
An advertising objective is classified by its primary purpose, which is to inform, persuade, or ____ explain compete reciprocate suggest remind
remind
Advertising strategy consists of two major elements: creating advertising messages and ______ developing an advertising budget organizing the message content selecting advertising media implementing a PR plan enhancing corporate reputation
selecting advertising media
Which of the following message execution styles features a highly believable or likable source endorsing the product? testimonial evidence musical lifestyle mood or image slice of life
testimonial evidence