Communicating Value: - What Do You Communicate?
Communicating Value: - What Do You Communicate?
Awareness
Why is the customer not buying?
Interest
Evaluation
Trial
Action
From To
Media advertising Multiple forms of
communication
Mass media Specialized media
Manufacturer dominance Retailer dominance
General focus Data driven marketing
Limited internet access Widespread internet
availability
Traditional compensation Performance based
compensation
Integrated Marketing Communication (IMC)
• Brand differentiation
External Internal
• Brand & product proliferation • Expertise
• Customization • Corporate missions
• Decreasing brand loyalty • Communication technology
• Price sensitivity • Benefits to be gained
• More demand, less trust
• Clutter
• Service Economics
Sales Promotion
Advertising
• Contests,
Print and broadcast
games, sweepstakes
ads
• Premiums
Packaging inserts
• Sampling
Motion pictures
• Trade
Brochures
shows,
andexhibits
booklets
• Coupons
Posters
• Rebates
Billboards
• Entertainment
POP displays
• Continuity
Logos programs
• Videotapes
Communication Platforms
• Nature of competition
• Target market
• Motivational
owner
• Refers to messages over which the medium exercises no editorial control
specific consumers
• Inserts in newspapers and magazines.
• Catalogues.
• Coupons.
• Door drops.
• ...and finally - and most importantly - The Internet and New Media.
Personal Selling
• Personal selling is the personal presentation by the firm’s sales
needs of a client.
Public Relations
• Public relations involves building good relations with the company’s
and events
• Press releases
• Sponsorships
• Special events
• Product placement
• Facility Visits
Developing Effective Communication
Message Content
Rational Appeals
Emotional Appeals
Moral Appeals
Message Structure
Draw Conclusions
Argument Type
Argument Order
Message Format
Layout,
Words, & Sounds,
Body Language
Message Source
Expertise,
Trustworthiness,
Congruity
Selecting the message source
• Celebrities
• Athletes
• Entertainers
• Professionals
• Health care providers
Step 44 –– Choosing
Step Media
Choosing Media
Personal Communication
Channels
Non-personal Communication
Channels
Choosing Media
• Opinion leaders are people within a reference group who, because of their
• .
Choosing Media
• Non-personal communication channels: Includes media, atmosphere, and
events
• Major media include print, broadcast, display, and online media
audiences
• Press conferences
• Grand openings
• Exhibits
• Public tours
& Task Parity
Objective Competitive
Sales
Affordable
% Of
Step
Step 5.
5. Establish
Establish the
the Budget
Budget
Direct
DirectMarketing
Marketing
Nonpublic,
Nonpublic,Customized,
Customized,Up-to-Date,
Up-to-Date,Interactive
Interactive
Personal
PersonalSelling
Selling
Personal
PersonalConfrontation,
Confrontation,Cultivation,
Cultivation,Response
Response
Public
PublicRelations
Relations&
&Publicity
Publicity
Credibility,
Credibility,Surprise,
Surprise,Dramatization
Dramatization
Sales
SalesPromotion
Promotion
Communication,
Communication,Incentive,
Incentive,Invitation
Invitation
Advertising
Advertising
Public,
Public,Pervasive,
Pervasive,Expressive,
Expressive,Impersonal
Impersonal
Step
Step 6.
6. Decide
Decide on
on Communications
Communications Mix
Mix
Step 7 - Collect Feedback
Retailers and
Producer Consumers
wholesalers
Promotion Mix Strategies
Demand Demand
Retailers and
Producer Consumers
wholesalers
Producer marketing activities (Consumer advertising, Sale promotion, other)
Wrap up - Nature of each communication tool
low cost per exposure, and it enables the seller to repeat a message
many times
purchase, and can be used to dramatize product offers and to boost sagging
sales
promotional tool that includes direct mail, catalogs, telemarketing, and online
marketing
Thank you