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38 Cards in this Set

  • Front
  • Back

specific blend of tools that the company uses to persuasively communicate customer value and build customer relationships

Promotion mix

Promotion mix

Advertising, direct marketing, personal selling, sales promotion, public relations

any paid form of non-personal presentation and promotion of ideas, goods, or services by an identified sponsor

Advertising (broadcast, print, internet, outdoor)

the short-term incentive to encourage the purchase or sale of a product or service

Sales promotion (discounts, coupons, displays, demonstrations)

involves building good relations with the company’s various publics by obtaining favorable publicity, building up a good corporate image, and handling or heading off unfavorable rumors, stories, and events

Public relations (press releases, sponsorship, special events, web pages)

the personal presentation by the firm’s sales force for the purpose of making sales and building customer relationships

Personal selling (sales presentations, trade shows, incentive programs)

involves making direct connections with carefully targeted individual consumers to both obtain an immediate response and cultivate lasting customer relationships—through the use of direct mail, telephone, direct-response television, e-mail, and the Internet to communicate directly with specific consumers

Direct marketing (catalog, telemarketing, kiosks)

the integration by the company of its communication channels to deliver a clear, consistent, and compelling message about the organization and its brands

Integrated marketing communications

Steps in developing an effective integrated communications and promotion program

Identify the target audience


Determine the communication objectives.


Design a message


Choose the media through which to send the message


Select the message source


Collect feedback

Communications decisions

Identify target audience

The stages consumers normally pass through on their way to a purchase, including awareness, knowledge, liking, preferences, conviction, and, finally, the actual purchase.

Buyer-readiness stages

Buyer-readiness stages

Determining the communication objectives

Communication objectives

Awareness, knowledge, liking, preference, conviction, purchase

AIDA

Attention, interest, desire, action

appeal or theme that will produce the desired response (rational, emotional and moral appeal

Message content

Message content

Designing a message

relates to the audience’s self-interest

Rational appeal

an attempt to stir up positive or negative emotions to motivate a purchase

Emotional appeal

directed to an audience's sense of what is right and proper

Moral appeal

Personal and nonpersonal

Choose media

channels which two or more people communicate directly with each other, including face to face, on the phone, via mail or e-mail, or even through internet “chat.’

Personal communication

personal communications about a product between target buyers and neighbors, friends, family members, and associates

Word-of-mouth influence

people within a reference group who, because of their special skills, knowledge, personality, or other characteristics, exerts social influence on others

Opinion leaders

involves cultivating opinion leaders and getting them to spread information about a product or service to others in their communities

Buzz marketing

Nonpersonal channels

Major media, atmospheres, events

media that carry messages without personal contact or feedback, including major media, atmospheres, and events that affect the buyer directly

Non-personal communication

designed environments that create or reinforce the buyer’s leanings toward buying a product

Atmospheres

are staged occurrences that communicate messages to target audiences

Events (press conference, grand opening, exhibits, public tours)

The message’s impact on the target audience is affected by how the audience views the communicator

Selecting the message source

Athletes and entertainers

Celebrities

Health care providers

Professionals

Involves the communicator understanding the effect on the target audience by measuring behavior resulting from the behavior

Collecting feedback

Methods in Setting the Total Promotion Budget

•Affordable


•Percentage-of-sales


•Competitive party


•Objective-task

Setting the promotion budget at the level management thinks the company can afford

Affordable method

Setting the promotion budget at a certain percentage of current or forecasted sales or as a percentage of the unit sales rice

Percentage-of-sales method

Setting the promotion budget to match competitors’ outlays

Competitive-parity method

reaches masses of geographically dispersed buyers at a low cost per exposure, and it enables the seller to repeat a message many times

Advertising

Socially responsible marketing communication

Personal selling