Managing Marketing Communications Flashcards
Marketing and Promotions Process Model
- a) Opportunity analysis
b) Competitive analysis
c) Target market - a) Identifying markets
b) Market segmentation
c) Selecting a target market
b) Selecting a target market
c) Positioning through marketing strategies - a) Product decisions
b) Pricing decisions
c) Channel-of-distribution desiciions - Promotional decisions (to the buyer or to the reseller)
The standard-learning hierarchy
Assumes that the consumer will conduct extensive research and establish beliefs about the attitude object.
Attitude is based on cognitive information processing
Beliefs –> Affect –> Behaviour
The low-involvement learning hierarchy
Attitude based on the behavioural learning process.
Beliefs –> Behaviour –> Affect
The experiential hierarchy
Attitude based on hedonic consumption
Affect –> Behaviour –> Beliefs
The cognitive response model
- Exposure to advertisement –>
- Cognitive response
a) product message thoughts
b) source-oriented thoughts
c) ad execution thoughts - Attitudes
a) brand attitudes
b) attitude toward the advertisement - Purchase intention
McKinsey Model
Trigger –> active evaluation –> purchase –> post purchase experience –> Loyalty loop
Customer life cycle and communications
- Reach
- Acquisition
- Conversion
- Retention
- Loyalty
Selective process theory
Selectivity
1. Selective exposure
2. Selective attention
3. Selective comprehension
4. Selective retention
Objectives
Establish brand positioning by following marketing communication plan - hit top 5 on reputation research in 1 year time.
Communication objectives
- Awareness
- Image
- Increasing the demand
- Changing the attitudes
- Changing the behaviour