Chp 5 Flashcards
Objectives are split into…
- Communications
- Planning and decision making (budget, media decisions)
- Measurement and evaluation of results (benchmark against effects of the promo campaign)
Marketing objectives
Sales.
- Stated in the firm’s marketing plan
- Quantifiable (KPIs)
- Accomplished in a short period of time
- Realistic and attainable
- Statement (To increase sales by….)
Sales objectives
Effects of advertising and promotion
Carryover effect
Money spent today may not have immediate impact on sales
Behavioural objectives
The link between communication objectives and marketing objectives. Includes actions like repeat purchases, brand trials
Communication objectives
Attitude toward the brand. Statements of what the communications will accomplish
Levels of communication objectives
1) For the overall IMC plan
2) For the individual IMC tools
3) For individual elements for a communications tool
Trials purchase objectives
Consumer’s first purchase of a brand
Brand switching
A consumers purchase toward a brand from another competing brand
Repeat purchase objectives
A consumer’s continued purchase of a brand within a specified time period. Can be focused on:
- Purchase frequency
- Purchase amount
- Purchase timing
Repeat consumption objectives
The continued consumption of a brand once purchased. This communication has the objective of modifying how often to consumer the brand, how much to consume on each occasion, and when to consume
Options for communications objectives
1) Category need
2) Brand awareness
3) Brand attitude
4) Brand purchase intention
Category need
Whether the target audience feels the need to purchase within the actual product category. Do they feel a need for it?
Brand Awareness
Every single point of communication should contribute to a target audience’s understanding and knowledge of the brand name
- Measured by brand recognition and brand recall
Brand attitude
Every aspect of a firm’s IMC program should contribute to the overall evaluation of the brand from the perspective of the target audience
- Can include increasing, maintaining, establishing brand attitude