chapter 14 Flashcards
marketing communications
how firms attempt to inform, persuade, and remind consumers directly or indirectly about the products and brands they sell. they represent the voice of the company and its brands. technology has changed the way consumers process communications.
marketing communications mix
consists of eight major modes of communication:
1. advertising
2. sales promotion
3. events and experiences
4. public relations and publicity
5. online and social media marketing
6. mobile marketing
7. direct and database marketing
8. personal selling
advertising
any paid form of non-personal presentation and promotion of ideas, goods, or services by an identified sponsor via print, broadcast, electronic, network, and display media.
it reaches geographically dispersed buyers. it can be pervasive, offers opportunities for dramatising brands and products, and enables the advertiser to focus on specific aspects of the brand or product.
sales promotion
a variety of short-term incentives to encourage trial or purchase of a product or service including customer, trade, and business and sales force promotions.
it draws a stronger and quicker buyer response.
benefits: (1) draws attention to the product (2) provides an incentive that gives value to the customer (3) invites
the customer to engage in the transaction now.
events and experiences
company-sponsored activities and programs designed to create daily or special brand-related interactions with consumers.
can be seen as highly relevant because the consumer is often personally invested in the outcome. more actively engaging for consumers and are typically an indirect soft sell.
public relations and publicity
a variety of programs directed internally to employees of the company or externally to consumers, other firms, the government, and media to promote or protect a company’s image or its individual product communications.
extremely effective when coordinated with the other
communications-mix elements. the appeal is based on high credibility, the ability to reach prospects who avoid mass media and targeted promotions, and the ability to tell the story of a company, brand, or product.
online and social media marketing
online activities and programs designed to engage customers or prospects directly or indirectly raise awareness, improve image, or elicit sales of products and services.
three characteristics: (1) can be information- or entertainment-rich (2) can be changed or updated depending on response (3) message can be prepared and diffused quickly.
mobile marketing
a special form of online marketing that places communications on consumer’s cell phones, smartphones, or tablets.
distinguished by its ability to be (1) time-sensitive, reflecting when and where a consumer is (2) reach and influence consumers as they are making a purchase decision (3) always at their fingertips.
direct and database marketing
use of mail, fax, telephone, or internet to communicate directly with or solicit response or dialogue from specific customers and prospects.
more personal and relevant marketing communications. characteristics: (1) messages can be personalised for recipients (2) used to create attention and inform consumers with a call to action included (3) offer information that helps other communications.
personal selling
face-to-face interaction with one or more prospective purchasers for the purpose of making presentations, answering questions, and procuring orders.
most effective tool at later stages of the buying process, particularly in building up buyer preference, conviction, and action. qualities are (1) can be customized for individuals (2) is relationship-oriented (3) is response-oriented.
micromodels of marketing communications
concentrate on consumers’ specific responses to communications.
learn-feel-do
the audience has a high involvement with a product category perceived to have high differentiation. there is a cognitive, affective, and behaviour stage sequence.
do-feel-learn
the audience has high involvement but perceives little or no differentiation within a product category.
learn-do-feel
the audience has low involvement and perceives little differentiation.
steps in developing effective communications
- identify target audience
- determine objectives
- design communications
- select channels
- establish budget
- decide on media mix
- measure results
- manage integrated marketing communications
communications objectives
- establish need for category
- build brand awareness
- build brand attitude
- influence brand purchase intention