Advertising and Promotion- End Term Flashcards
Types of TV Advertising
Network, Spot Ad, Sponsorship Ad, Specialty
Advantages of TV advertising
creative flexibility
audience coverage
cost-efficient
attention
schedule flexibility
geographic coverage
reach
frequency
media image
Disadvantages of TV advertising
absolute cost
audience selectivity
amount of processing time
clutter
viewer attention
involvement
media image
Audience measures
program rating
share of audience
Advantages of radio advertising
Cost-efficient and absolute cost
reach & frequency
audience selectivity
geographic coverage
scheduling flexibility
cognitive creativity
media image
Disadvantages of radio advertising
emotional creativity
amount of processing time
target audience coverage
attention
selective exposure
clutter
low involvement
Broadcast activity
Compare commercials used by the advertisers on specialty networks to major networks on the basis of creative style, objectives, length & format
Types of magazines
consumer
ethnic
farm
business
foreign
Types of newspapers
daily
community
national
internet
special audience
Advantages of magazine advertising
audience selectivity
geographic coverage
creativity
reader involvement
media image
selective exposure & attention
Disadvantages of magazine advertising
absolute cost & efficiency
reach & frequency
long read time
audience coverage
clutter
Advantages of newspaper advertising
reach & frequency
scheduling flexibility
geographic coverage
reader involvement
media image
creativity for cognition
absolute cost & efficiency
audience coverage
Disadvantages of newspaper advertising
Creativity for emotion
selective exposure/attention
audience selectivity
clutter
Types of newspaper advertising
Display ads
classified ads
public notices
printed inserts
The role of outdoor media
To deliver the advertising messages people encounter while moving throughout their town or city, accomplishing their day-to-day activities
Out-of-home advertising
any visual advertising media found outside of the home (billboards & signs, ads on bus shelters, place-based ad media in a stadium/cinema)
Out-of-home media options
Outdoor (posters, murals, mobile signage etc)
Transit
Place-based (bar, restaurant, hotel etc)
Canadian outdoor measurement bureau
Maintains a national database of all products for outdoor operators. Circulates daily or weekly audience averages for each media in all markets.
Out-of-home marketing association of Canada
merged with the COMB in 2018 to form COMMB. Mission is to develop the market for this medium, implement new initiatives, establish guidelines and act on behalf of the industry
“Day in the life”
Study conducted by the OMAC that found that the average Canadian spends 55% of the day outside
Strengths of outdoor advertising
reach
frequency
geographic coverage
creativity for emotional response
cost efficiency
scheduling flexibility
selective exposure
attention
Weaknesses of outdoor advertising
target audience coverage
amount of processing time
creativity for cognitive response
absolute cost
media image
target audience selectivity
clutter
low involvement
Promotional products
The advertising or promotional medium or method that uses promotional products such as ad specialties, premiums, business gifts, awards, prizes, or commemoratives
Specialty advertising
A medium of advertising, sales promotion, and motivational communication employing imprinted, useful, or decorative products called advertising specialties, a subset of promotional products
Promotional products research
Because of the medium’s unique nature, there is no established audience measurement system for it. The use of advertising specialties can improve brand recall and response to direct mail offers.
Issues with product placement decisions
- The source as represented by the plot, scenes, or characters of the movie/show
- Creative use of the product impacts the experience
- amount of time product is featured
- ability to work with other communication tools
Two primary objectives of outdoor, transit, and place-based media
awareness & emotional relevance
Most place-based media:
-provide the opportunity to influence brand purchase intent
-provide the right situational motive
-enhance exposure by offering longer message or increasing total message frequency
Sales Promotion
A direct inducement that offers an extra value or incentive for the product to the sales force, distributors, or the ultimate consumer with the primary objective of creating an immediate sale.
Two key aspects of sales promo
extra incentive
acceleration tool
Promotional push strategy
the goal is to persuade the trade to stock, merchandise and promote a company’s products by aggressively selling & promoting to resellers
Promotional pull strategy
The goal is to create demand among end users that will in turn encourage retailers to carry a brand
Objectives of consumer sales promotion
increase consumption, repeat purchase, build brand equity, trial purchase
Sales promo strategy options
strategic tools/options
application across product lines
application in geographic markets
Objectives of trade sales promo
obtain distribution of new products
maintain trade support for existing products
encourage retailers to display existing brands
build retail inventories
Trade allowances
discount/deal offered to retailer or wholesaler. Buying allowances: deal/discount in the form of a price reduction on a product ordered during a fixed time period
Promotional allowances: discounts provided to retailers for performing certain promo activities.
Slotting allowances: special fees that retailers charge manufacturers for agreeing to handle a new product
Trade sales promo options
trade allowances
displays and point of purchase materials
cooperative advertising
contests and incentives
events
sales training programs
trade shows