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Advertising

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Explain the three components of advertising message strategy and list ... Explain how the hospitality and travel industry ... Decide on in-house advertising or agency. – PowerPoint PPT presentation

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Title: Advertising


1
Advertising
2
Learning Objectives
  1. Describe the steps involved in planning the
    advertising effort.
  2. List the three categories into which advertising
    objectives can usually be divided.
  3. Explain the difference between consumer and trade
    advertising.
  4. Explain the three components of advertising
    message strategy and list the alternative
    creative formats.
  5. Explain the seven factors considered when
    selecting advertising media.

3
Learning Objectives-cont
  • List the advertising media alternatives.
  • Describe the advantages and disadvantages of
    various advertising media alternatives.
  • Explain how the hospitality and travel industry
    uses different advertising media.
  • Describe the role of advertising agencies and the
    advantages of using them.

4
Steps in Planning Advertising
  • Set advertising objectives.
  • Decide on in-house advertising or agency.
  • Establish a tentative advertising budget.
  • Consider cooperative advertising (partnership).
  • Decide on advertising message strategy
  • Message idea
  • Copy platform
  • Message or creative format

5
Steps in Planning Advertising
  1. Select advertising media.
  2. Decide on timing of advertisements.
  3. Pretest advertisements.
  4. Prepare final advertising plan and budget.
  5. Measure and evaluate advertising success.

6
Categories of Advertising Objectives
  • 1. Informative advertising.
  • 2. Persuasive advertising.
  • 3. Reminder advertising.
  • RIP acronym Remind - Inform - Persuade

7
Advertising Objectives
  • 1. Informative advertising
  • To create awareness of the organization.
  • To explain the characteristics of the
    organization.
  • To correct false impressions about the
    organization.
  • To reduce peoples apprehensions or fears about
    visiting the organization.
  • To build or enhance the organizations image or
    position.

8
Advertising Objectives
  • 2. Persuasive advertising
  • To increase customer preference for the
    organizations services.
  • To increase customer loyalty to the organization.
  • To encourage customers to switch from using a
    competitive organization.
  • To convince customers to book at the organization
    now or in the future.
  • To change customers perceptions.

9
Advertising Objectives
  • 3. Reminder advertising
  • To remind customers about where they can book the
    organizations services.
  • To remind customers about facilities or services
    that are unique to the sponsoring organization.
  • To remind customers about when they should book
    or reserve the organizations services.
  • To remind customers of the existence of the
    organization.

10
Difference between Consumer and Trade Advertising
  • Consumer advertising aimed at the customers who
    will actually use the hospitality and travel
    services being promoted.
  • Trade advertising aimed at the travel trade
    intermediaries who will influence customers
    buying decisions.

11
Advertising Message Strategy
  • The advertising message strategy describes what
    is to be communicated and how it is to be
    communicated. It consists of the
  • Message idea the main theme, appeal, or benefit
    to be communicated in the message.
  • Copy platform a written statement that fully
    describes the message idea.
  • Message or creative format a broad creative
    approach used to communicate the message idea to
    the target audiences.

12
Message or Creative Formats
  • Testimonial.
  • Slice of life.
  • Analogy, association and symbolism.
  • Trick photography or exaggerated situations.
  • Word plays or made-up phrases.
  • Honest Twist.
  • Fear.
  • Comparisons.

13
Advertising Media Selection Considerations
  • Target markets and their reading, viewing, and
    listening habits.
  • Positioning approach, promotional goals, and
    advertising objectives.
  • Media evaluation criteria.
  • Relative strengths and weaknesses of each media
    alternative.
  • Creative requirements.
  • Competitive media placements.
  • Approximate total advertising budget available.

14
Media Evaluation Criteria
  • Costs.
  • Reach.
  • Frequency.
  • Waste.
  • Lead time and flexibility.
  • Clutter and dominance.
  • Message permanence.
  • Persuasive impact and mood.

15
Newspaper Advertising Advantages
  • High reach.
  • High geographic concentration.
  • Good frequency.
  • Tangibility.
  • Short lead times (flexibility).
  • Relatively low cost.
  • Ability to communicate detailed information.
  • Ability to place in most appropriate location.
  • Ability to schedule to exploit day-of-week
    factors.

16
Newspaper Advertising Disadvantages
  • High waste factor and inability to target.
  • Limitations on creative format.
  • Relatively poor reproduction quality.
  • Clutter.
  • Short life span.
  • High cost of national coverage.

17
Magazine Advertising Advantages
  • Tangibility.
  • High audience selectivity.
  • Good reproduction quality.
  • Long life span and good pass-along rate.
  • Prestige and credibility.
  • Ability to communicate detailed information.

18
Magazine Advertising Disadvantages
  • Limitations on creative format.
  • Clutter.
  • Low reach.
  • Low frequency.
  • Long lead times.
  • Relatively expensive.
  • Difficulties in geographic targeting.
  • Inability to schedule to exploit day-of-week
    factors.

19
Television Advertising Advantages
  • Potentially high reach.
  • High persuasive impact.
  • Availability of uniform national coverage.
  • Exploits day-of-week and time-of-day factors.
  • Some geographic and demographic selectivity.

20
Television Advertising Limitations
  • High total cost.
  • Short life span.
  • Inability to transmit detailed information.
  • Clutter.
  • Relatively high waste factor.

21
Radio Advertising Advantages
  • Relatively low cost.
  • Audience selectivity.
  • High frequency.
  • Short lead times (flexibility).
  • Exploits time-of-day and day-of-week factors.

22
Radio Advertising Disadvantages
  • No visual communications.
  • Cant transmit complex messages or detailed
    information.
  • Short life span.
  • Clutter.
  • Shared attention.

23
Direct Mail Advertising Advantages
  • Audience selectivity.
  • Highly flexible.
  • Relatively uncluttered.
  • High level of personalization.
  • Ability to measure response.
  • Tangibility.
  • Low minimum cost.
  • Short lead times.

24
Direct Mail Advertising Disadvantages
  • Junk mail syndrome and high discard rate.
  • Relatively high total cost.
  • Limitations on creative format.

25
Outdoor Advertising Advantages
  • High reach and good frequency.
  • Geographic selectivity.
  • Relatively uncluttered.
  • Long life span.
  • Large size.

26
Outdoor Advertising Disadvantages
  • High waste factor and inability to target.
  • Relatively long lead times.
  • Cant transmit complex messages or detailed
    information.
  • Not prestigious.
  • Limitations on creative format.
  • Inability to schedule to exploit day-of-work or
    time-of-day factors.

27
Interactive Media Advantages
  • Cost effectiveness.
  • Easy to modify.
  • Interactive content.
  • International reach.
  • Expanding market.
  • Constant availability.
  • Ease of traffic measurement.

28
Interactive Media Disadvantages
  • Privacy concerns.
  • Partial market coverage.
  • Navigation problems.
  • Loss of control.

29
How the Hospitality and Travel Industry Uses
Advertising Media
  • Fast-food companies tend to focus upon and
    emphasize television advertising.
  • Airlines tend to place an emphasis on newspaper
    advertising.
  • Hotel companies tend to use a combination of
    media.
  • Everyone is moving toward more advertising on the
    World Wide Web.

30
Roles of Advertising Agencies
  • Advertising planning.
  • Creative services.
  • Media services.
  • Research services.
  • Sales promotion and merchandising services.

31
Advantages of Using Advertising Agencies
  • Employ the best creative minds in advertising.
  • Have accumulated experience from working with a
    wide diversity of clients have a broader
    perspective and are more objective.
  • May save the organization money.
  • Agencies are more familiar with media and media
    vehicles.
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