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58 Cards in this Set

  • Front
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Key Words

Media-Richness-theory

Some media with higher performance and/or ability oftransporting more complex, resp. more «complete» content(in addition to text/language, pictures and interactive elementsetc.):


► Moment and degree of feedback potential (e.g. instant feedback)


► Transport of various communication dimensions (e. g. verbal andnon-verbal communication)


► Usage of human voice (non technical)


► social presence ot the parteners

Usage of communication channels


Ideal type of principle: Media Richness Theory

Media constellation

►Initial position:


►Over complication: too much and unnecessary content


►Oversimplification: no feedback, impersonal


►Approach:


►More efficiency through link between degree of complexity (task)to the performance of the media


►Objectives of media and communication to be defined properly

Objectives and media of corporate communication

The pyramid of communication

Application of Marcom: Multiple variations

High-involvement decision-making process

Low-involvement decision-making process

Promotional strategies for different levels of involvement

Positioning of Communication /Process of planning within a company

Planning process within organisation/company

Planning Process within an Organisation

Planning process within a company/organisation

Communication – MixTools of Marketing Communications

• Media Advertising (traditional, digital, mobile)


• Sales


• Sales Promotion


• (Product) Public Relations


• Direct Marketing


• Sponsoring (inkl. Product Placement)


• Event Marketing


• Fairs & Exhibition


• Social Media-Communication, Performance Marketing, AffiliateMarketing, Targeting, Mobile etc.

Media Advertising

«Traditional» Media-Advertising


• Print Advertising


• Outdoor Advertising


• Radio- / TV-Advertising


• DM-Advertising (Advertising Part of Direct Marketings)


• Digital Advertising (online, mobile)


• „Crossmedia» Campaigning“


Alternative Advertising Forms (ambient media)


• Wild Posting, Sandwichman, Pissoir etc.

Sales


Definition

• Exchange Goods for Money


• Personal Sales (Sales Force,Telesales, Fairs etc.)


• Unpersonal Sales (self-service stores/shops, vending machines etc.)


• Field Sales


• Stationary Sales

Sales Promotion

Definition


• Mostly temporary and accompanying measures


• Additional incentives to boost sales


• Mostly at POS (Point of Sale)


• Sales Promotion


• Merchandising

Sales PromotionExamples of activities on the customer-level

• Shopper stoppers


• Second POS


• Displays, Rotairs etc.


• In-Packs, On-Packs


• Multi- or Combipacks


• Presentations, Tastings


• Special Offers (but not hyperactive special deals),


• Competitions?, Sweepstakes


• Vouchers, Coupons, Super Points, Patronage Rewards


• Supplements, Give-aways, Self-Liquidators

(Product) Public Relations


Definition

• Public relations is the managementof relationships between organisationsand their stakeholders


• Corporate-PR / Product- or Services-PR:


• The importance of cause-related marketing actives havebecome more important. Therefore, the overall goal shouldbe to develop the relationship between the organisation/company and its different audiences.




565/573

(Product) Public Relations


Positioning in the Organisation

(Product) Public Relations


Disciplines of PR

Direct Marketing 1/2


Definition

• Direct marketing refers to all media activitiesthat generate a series of communicationsand responses with an existing or potential customer. This mainlyconcerns the management of customer behavior.


• Direct response media are used to complement the otherpromotional activities


• One-to-one-Marketing: Focus on individuals (not mass)




CF624

Direct Marketing

The main dialogue media


Advertising medias used for DM

The main dialogue media

• Mailings


• Telesales (inbound/outbound)


• Digital Media: Website, E-Mail, SMS/MMS etc.



Advertising medias used for DM

• Advertisements, Inserts (with response-elements!)


• „Bill dispenser“

Direct Marketing – the customer life cycle

Sponsorship




Definition

• Commercial activity, whereby one party permitsanother an opportunity to exploit an associationwith a target audience in return to funds, servicesor resources (contrast to patronage, Corporate Giving)


• Function-based similarity occurs when the product is used in theevent being sponsored


• Consider perspective (Sponsorship or fundraising concept)




600

Sponsorship



Fields of sponsorship


Levels of sponsorship

Fields of sponsorship

• Sports • Arts/Culture


• Social • Ecological (Environment)


• Program/Channel/Media


• Special form: Product Placement

Levels of sponsorship

• Individual


• Groups/Team


• Organisation


• Building (venue) etc.


• Program/Channel/Media

Event Marketing


Definition

• Self-staging(Contrary to Sponsorship)


• Events create company or brand experiences and emotions («faraway from everyday-stress») > interaction-orientation


• Positive contribution to increase the image of a company or aproduct


• Strengthening of customer relationship


• Short-lived and limited to the event(„Only those who are taking part, are taking part“)

Event Marketing

Range of Events


• Annual General Meetings (AGM)


• Roadshows


• Open Days


• Media Events


• Management training


• VIP-Treatment for Key-Accounts


• Dealer-Meetings/Incentives• Grill parties


• Concerts/Open Air


• Etc. etc.

Fairs & Exhibitions


Definition

• In the b2b market, exhibtions and tradeshows are very often an integral and importantcompontent in the communications mix (temporary,regularly activity)


• Focus: Contact with (potential) customers/dealers whowant to gain an updated market overview




Tip: Get part of the framework program or create your own fair/exhibition




687

Fairs & Exhibitions



Framework


• Public Fairs/Exhibitions


Specialized Fairs/Exhibitions


• Congresses, Expositions, Seminars and Workshops


• Regional Fairs/Exhibitions


• National Fairs/Exhibitions


•International Fairs/Exhibitions


• Individual Stand


• Mixed Construction


• System Stand

Social Media Communication: examples

• The Internet provides a complementaryfacility to the MC tools and as such shouldbe used with the established means of MC


• Online-based Plattform


• Communication, cooperation and interconnectedness of org./user


• Web 2.0 > «The participation internet» (Web 3.0: semantic web,Web 4.0: mobile web)


• Viral Marketing / recommendation marketing (word of mouth)




CF 738

Social Media communication: Marcom

• Banner advertisement (internet, mobile)


• SEO and SEA (Search Engine Optimization, Search Engine Advertising)


• Pictures and texts in SM-Channels (z. B. FB)


• Pictures and esp. videos (z. B. short TV-spots) on Youtube


• Second screen (z. B. shazam: app for recognition of music fromTV-spots for further information)

Social Media communication


Examples:

• Weblogs e. g. wordpress.com; blogger.com


• virtual networks e. g. xing.com; Facebook; LinkedIn


• Web forums e. g. Englishforum.ch


• Micromedia e. g. twitter.com


• Bookmarks e. g. delicious.com


• Wikis e. g. migipedia.ch; wikipedia.com


• Podcasts e. g. itunes.ch


• Media Sharing e. g. youtube.com


• Product evaluation forums e. g. yelp.com

Market Conditions

► Growing Complexity


► Saturated Markets


► Growing Market Differentiation


► Over Stimulation

Growing Complexity

Saturated Markets

►Definition Saturated Markets:


►Market Potential largely exploited


►Supplier is only able to improve his market share at the expenseof its competitors


►Exchangeable Offers:


►Matures Products


►Poor innovative potential


►Objectives and functional qualities equal




Stronger competition (no growing market)



Failing of informative advertising

► Information of quality is only a week orientation point for brandpreference (in saturated markets)


► Danger: exchangeable advertising




Inability to find an effective positioningin relation to competitors




►Communication-focus on the «experience profile»(stand-alone positioning/experience)

Differentiation in Marketing Communication

Need


Basis


Goal

Need:

► Message to be adjusted to target groups

► Use of media, which are «consumed» from targed groups (Attention: Heavy user – e.g. TV – not always the most attractive target group)

Basis:

► Customer Insight (Lifestyle)

► Customer experience


► Knowledge of the use of media from the target group

Goal:

► Hit psychological needs of target groups («king of hearts»)

► Develop target group specific creativity


► Get Customer Insight (e.g. psychological research)

Social ConditionsChange of social Values


Important social conditions:

►Advertising Law (in section media advertising)


►Public Opinion / Value Orientation (see reserveslides)

Accelerated Communication

Recipient


Esp. young people (teenager)

Recipient:

►People constantly «on air»


►Declining rest phases


--«Multitasking» parallel dealing with tasks

Esp. young people (teenager):

►Insufficient reading ability


►Unskillful search strategies


►Extreme reduced patience


--Consumer not able to master everthing at the same time

Growing Market Differentiation

►Marketing = Thinking in Target Groups►Market Classification in different segments


--Differentiation in supply


--Differentiation in Marketing communication

Information Overflow

► Biggest part of communication/advertising not sufficientlyadapted, Consequences:


►Message not received and retained (avoidance)


►Received parts of information not sufficient to understand themessage


► Increasing tendency as advertising still growing


► Information overflow leads to information stress


►Number of TV-programmes


►Choice of holiday trips


►Number of products at Migros/Coop (shopping malls: CH >30’000 products / USA (Walmart): about 100’000 products)


► Increasing number of advice literature: Simplify your Life etc.

Information overflow


Advice literature:



Information overload

«Benchmark»:


► Measurements of german «STERN»: 83 %


► All media in Germany overall: 98%(source: Brünne, Esch, Ruge, 1987 / Kroeber-Riel, 1987)


► Details Germany (Overload)


►Radio: 99 %


►TV: 97 %


►Magazines: 94 %


►News Papers: 92 %




(figures incl. «scatter loss», however: information overload primarilydue to quantity of content!)

Information Overload

► Attention of Adverts (e. g .German magazines):


►Max. up to 40 seconds


►Average: 2 seconds


►Information Overload: 95 %


►Advertising, that actually «reaches» the recipients: 5 %


► Examples of Coop Presses


(measurement of consumption) – see:module «Media Advertising»

Summary of overload challenge

Too much communication, too many products and brands




Negative consequences


• Increasing communication expenditure


• Increasing costs of coordination


• Redundancies


• Inconsistency of messages regarding company/products


• Consumer confusion over message/ethos of company/product

Solution Approach

Integrated communication

Integrated communication is a strategic and operative processof analyzing, planning, organisation, application and controlling. It isfocused on constructing an entity from different sources of the internaland external communication. Thus providing a consistent experience ofthe company or the object of communication.






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