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Promoting Products

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Can you add additional celebrities and products to the list. ... How about the trendy nature of celebrities? ... The celebrities such as those listed on the ... – PowerPoint PPT presentation

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Title: Promoting Products


1
Promoting Products
  • Interactive and Integrated Marketing
    Communications

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Century's Top Ad Jingles
  • Do know what products these jingles represent?
    Some of them are obvious but others may not be
  • McDonald's Oscar Meyer Wieners
  • The U.S. Army Wrigley's Double mint gum
  • Pepsi-Cola Winston Cigarettes
  • Campbell Soup Coca-Cola
  • GM Brylcreem (Mans Hair
    Dressing Greased down look)

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Favorite Budweiser Advertising Slogans
  • Budweiser is one of the most familiar brand names
    in the U.S. It has undergone many slogan changes
    over the history of the product. See if you can
    recall any others. Do you know the current
    slogan?
  • Can you name certain trade characters that are
    closely associated with the brand (the Budweiser
    frogs, Louie the Lizard, etc.)?
  • Which slogan do you think has been the most
    effective in enhancing the product it represents?

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Advertising Expenditures by Media Type
  • This is important information as it affects how
    you advertise to reach your target audience.
    Review the information in the text regarding this
    data. See page493

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Total Direct Advertising Expenditures
  • This slide illustrates how much money has been
    spent on direct advertising in the U.S. and what
    was expected to be spent in 2002.
  • It becomes quite obvious that direct advertising
    is big business. Can you ascertain why so much
    spending is put into advertising?
  • Do you recognize the tax implications of
    advertising? Advertising is a deductible expense
    of doing business. If you don't spend some of the
    available funds, that money is taxed. But it
    isnt done to avoid taxes, it is done to generate
    sales.

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Top Celebrity Endorsers
  • The names and products on this slide should be
    familiar to you. Can you add additional
    celebrities and products to the list. The list of
    celebrity endorsers is always growing.
  • What are the pluses and minuses of using
    celebrities to endorse products. Can you identify
    situations where an advertiser was embarrassed by
    having a celebrity associated with their product
    (0. J. Simpson, Madonna, and Michael Jackson come
    to mind here.) How about the trendy nature of
    celebrities? Who are the safest types of
    celebrities to use for promotion?
  • The celebrities such as those listed on the
    acetate are compensated very highly (often in
    millions of dollars) to attach their endorsement
    to products.
  • Can you identify any trade characters or actors
    that have successfully played roles to endorse
    products. Like Mr. Whipple, Earnest P. Worrel,
    Tony the Tiger, Mrs. Olsen, and the lonely Maytag
    Repairman are just a few of the characters
    imbedded in advertising history.

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Top Sports Endorsers
  • Consider the benefits and shortcomings of using
    athlete endorsers for products. What are the
    strengths and weaknesses of this practice? What
    do sponsors expect to gain from celebrity
    endorsements? Female athletes such as the
    William's sisters are now starting to make it big
    time in sports endorsements. Do you think this
    trend will continue? Why or why not?

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Blatantly Sexy Ads Turn Off Consumers
  • Do sexy advertisements turn you off as a
    customer?" In other words, does sex really sell?
  • It can be argued that most ads using a sexy
    message appear to be targeted at men. Do you
    agree with this assessment. The data provided on
    the slide however seems to indicate that men are
    somewhat evenly divided on the use of sex as an
    advertising come on. If this data is correct, see
    what do you think this means to marketers'
    efforts in the future.

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Amount Spent On...
  • This slide illustrates how Internet advertising,
    in its relatively short life, has surpassed
    Outdoor advertising in the amount of money it
    controls.
  • Some additional information to add to this slide
    is the percent of Internet advertising that is
  • Banner Ads 56
  • Sponsorships 30
  • Interstitials (Ads between Web pages) 5
  • E-mail 1
  • Note, this data is several years old. Have
    percentages and advertising approaches changed?
    Was SPAM an issue then?

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Internet Advertising- 2004
  • This slide illustrates the rapid growth the
    Internet is making in gobbling up advertising
    dollars.
  • Btween 1999 and 2004, the U.S. is expected to
    increase its Internet advertising bill by nearly
    8 fold.
  • Internet advertising in the rest of the world
    (outside the U.S.) will rise nearly 21 times what
    it was in 1999.
  • The Internet is expected to account for 10 of ad
    dollars in 2004. With this occurring, newspapers
    and direct mail are expected to be the hardest
    hit. Why will these, instead of radio, TV and
    billboards will be impacted the hardest?
  • Internet ads allow the advertiser to more
    carefully target the market- something that has
    been the specialty of newspapers (geographically)
    and direct mail (psycho graphically).

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Tips on issuing Coupons
  • It's hard to fathom the numbers of coupons
    offered by companies in the U.S. market.
    Estimates range as high as 1 trillion (that's
    right- trillion). What consumers are not aware of
    is that coupons are also a significant expense to
    companies as the stakes and costs of issuing
    coupons get higher.
  • This slide offers tips to companies considering
    offering coupons as a form of sales promotions.
    You should be able to relate to the information
    provided here and offer suggestions of your own.
    You might want to comment on each of the five
    statements individually.
  • Do you see the use of coupons growing or
    decreasing in the future?

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Factors That Affect The Promotion Mix
  • This slide covers the concept of the promotional
    mix. Do not confuse this with the marketing mix.
  • It's helpful to review the acetate step-by-step
    since the information supports many of the
    concepts discussed in the marketing section. Can
    you think of examples of promotion tactics as it
    relates to the five factors listed. For example,
    which of the following products is most conducive
    to television advertising, dishwashing liquid or
    automobile carburetors?
  • Can you see how the type of product relates to
    the promotional strategy used. Think back about
    product concepts such as convenience, shopping,
    and specialty goods and services.
  • Can promotional expenses be a barrier to entry in
    certain industries or product categories?" See if
    they can offer some examples where this is the
    case.

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Objectives of Integrated Marketing
  • This slide looks at factors that are involved in
    integrated marketing communication. Integrated
    marketing communications is discussed at length
    in this chapter and is one of the key marketing
    applications of the new millennium. Make sure you
    carefully read the section and fully comprehend
    exactly what the basis and purpose of integrated
    marketing communications is all about.
  • Can you point to any other organization that
    currently integrates its advertising, public
    relations, and other promotions into one system.
    A visit to Sprint's web page will offer you a
    good example of integrated marketing.

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Components of Integrated Marketing
  • This slide illustrates the multi-disciplinary
    aspects of product/service promotion today as
    exemplified by integrated marketing.
  • Whenever a company is creating a
    marketing/promotion campaign, it should take into
    consideration all of the identified items listed
    and how they work synergistically. Too often,
    promotion is considered a short-term, quick
    payback effort. In reality, it permeates the
    entire organization and needs to present a solid,
    integrated view of the entire organization. While
    advertising, marketing, public relations, and
    sales promotion all come to mind when we think of
    marketing, we should consider the many other
    areas that make a statement about Who we are to
    customers and others in the marketplace.
    Integrated marketing requires the company to be
    consistent in its message and in the image it
    sends through any communication.

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