Title: Promotional Strategies in
1Promotional Strategies in Global Markets
2You never sell a drill. All you sell is a
hole in the wall.
3Preference Formation
Purchase Behavior
Post Purchase Behavior
4It all depends on how we look at things, and
not on how they are in themselves
C. G. Jung
5Perception
Stimuli Sensation Attention Interpretation Per
ception
Perception is influenced by - Culture -
Context - Individual Factors
6Motivation
Buyers are goal oriented. Motivators are based
on needs such as - Physiological Needs -
Psychological Needs - Sociological Needs
The physical product does not necessarily address
needs. It is always the perception of the product
that leads to the purchasing decision.
7Involvement
Involvement Increases with the Perception of Risk
such as - Monetary Risk - Functional Risk -
Physical Risk - Social Risk - Psychological Risk
Involvement and Brand Loyalty are positively
correlated.
8Problem Solving
Extended Problem Solving Limited Problem
Solving (EPS) (LPS) - High Involvement -
Low Involvement
9Planing and Implementing Promotional Activities
Define Communication Problem - Brand
Awareness - Brand Image - Sales Increase -
Provoke First Trial - Consumer Loyalty
Define Communication Objective
Media Strategy - Availability of Media -
Frequency - Reach
Creative Strategy - Content of Message -
Message Presentation - Message Appeal
Implementation and Control
10Creative Strategy
1. What main benefits are (or could be) perceived
by target market? 2. What should be the
main message? 3. How should the message be
delivered?
11Creative Strategy (cont..)
Three Types of Decision Making Processes
1. Rational - High Involvement - EPS
Promotional activities should focus on - Content
of Message - Providing Information - Use of
Experts
Promotional activities should focus on -
Delivery of Message - Create Association with
Feelings, Emotions. - Use of Celebrities
2. Emotional - Medium to High Involvement
12Creative Strategy (cont..)
Promotional activities should focus on -
Delivery of Message - Concentrate on one or two
main Benefits - Use of Average Consumer
3. Behavioral - Low Involvement - (LPS)
13Creative Challenges of Global Advertising
Legal Constraints
Language Limitations
Cultural Diversity
Media Limitations
Production and Cost Limitations