advertising plan.pptx
TRANSCRIPT
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ADVERTISING PLANTANU BHARGAVA
ASST. PROFESSOR AMITY SCHOOL OF COMMUNICATION
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MISSION
MONEY
MESSAGE
MEDIA
MEASUREMENT
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We have all done certain kind of researchprior to any purchase especially for high
value products- High involvementproduct.
Analyze the market, competitions,
complementary or substitute for thatproduct/service.
Similarly, marketers also examine internaland external environment. They analyze
SWOT of their business. S- Strength ; W- Weakness; O- Opportunity
& T- Threat
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After this marketers formulate goals and
policies, implement them & later on takefeedback on the same for furtherimprovement if required.
Advertising is a part of marketing. Thus, itincludes more or less the same planningstructure with the focus just on a particular
product/ service with specific objective tospecific target audience.
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STEPS IN ADVERTISING PLAN
1. INTRODUCTION The Introduction consists of executive
summary, typically two paragraphs to
two pages in length. This is the take-away of the plan which helps tounderstand the essence of the plan. Anoverview sets out what is to be covered;and it structures the content.
A strong information leads to effectivestrategy planning.
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2. SITUATIONAL ANALYSIS
The client and agency lay out the mostimportant factors that define the situation,and then explain the importance of each
factor.It includes factors like demographics, social& cultural, economic, political etc.
How each factors relate to advertising taskand how market segments and consumer behavior research provide the organizationwith essential insights that can be
incorporated in the plan.
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It includes the following factors:
Historical Context- It shows how a particular
organization has evolved with dynamic environment.For this, knowing the brief history of the company,corporate culture, big success, mistakes should beanalyzed as it demonstrates the agency thoroughnessof research, depth of knowledge and scope of its
concern.
Industry Analysis- It focuses on developments andtrends within an industry and on any other factor that
make a difference on how an advertiser proceeds withan advertising plan. Also, supply and demand factor isanalyzed.
E.g.- Mobile advertisements, discounts on paymentsmade through a particular credit card, tie-ups with
food joints during the filming of a blockbuster movie isthe new trend in promotion of films.
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Market Analysis – It is the demand side of the market. An advertiser analyze the factors
that drive and determine the market for thefirm’s product or services. A market analysisstarts by understanding:
Who current user are?
Why they are current users?
What are the motivational factor for them tobe a current user?
Competition Analysis - In this, advertiser analyze who competitors are? Discuss their
SWOT.
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3. OBJECTIVES
Objectives determine the mission which client to looking to
attain from advertising. It may be: To increase Top of the mind awareness and curiosity about its
brand. It is an indicator of consumer knowledge about thebrand and how easily that knowledge can be retained/recalled as and when purchase decision is made.
To Change consumer’s beliefs or attitudes about its product. To influence the Purchase Intent of its consumers. It is
determined by asking consumers whether they intent to buy aproduct or service in near future?
To stimulate Trial Purchase and Repeat Purchase of theproducts or services.
To Switch consumers from competing brand to its brand. Advertisers must neither expect too much or rejoice too muchover temporary gain.
To Increase sales.
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A single variable in a firm’s overall marketingmix is not reasonable to set sales expectationsfor advertising when other variables alsoundermine sales growth.
Marketers feels that communication objectivesare more legitimate.
To manage objectives which are workablefollowing things to be kept in mind:
1. Establish a quantitative benchmark
2. Specify measurement methods and criteriafor success
3. Specify a time frame
4. Follow DAGMAR
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The DAGMAR Approach
Define Advertising Goals for M easuring Advertising Results
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DAGMAR Definition of Objectives
Specified TimePeriod
Concrete,Measurable Tasks
Target Audience
Benchmark andDegree of
Change SoughtObjectives
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What is Good Objectives?
Good Objectives
Concrete and
Measurable
Specify a well-
defined audience
Attainable
Specify a time
period
Establish bench-
Mark measures Realistic
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Communication Objectives: Are stated in three parts:
Target Audience
◦ Customers – brand loyal, favourable brand switchers
◦ Non-customers – new category users, other brandswitchers, other brand loyals
Behavioural Objectives – what is the behaviour thatyou want this communication to cause in your targetaudience
◦ Trial
◦ Repeat purchase
◦ Purchase related behaviour
◦ Repeat consumption
◦ Application
Communications – the effect that you want your communication to have on the target audience
◦ Create category need
◦ Brand awareness
◦
Brand attitude◦ Brand purchase intention
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4. STP
Segmentation
Targeting
Positioning
Refer to STP slides
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5. BUDGET
HISTORICAL
TASK-OBJECTIVE METHOD
PERCENTAGE-OF-STAGE
COMPETITIVE METHOD/SHARE OF
VOICE
PAY OUT PLANNING METHOD
Refer to Advertising Budget slides
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6. CREATIVE STRATEGY
Refer to notes given in the class
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7. MEDIA STRATEGY
Refer to the notes given in the class or Media strategy
slides
MEDIASTRATEGY
MEDIA MIXGEOGRAPHICAL
ALLOCATIONMEDIA
SCHEDULING
MEDIADESIGNTACTICS
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8. EXECUTION
It is the actual ‘doing’ of the plan. It is makingand placing of ads across to all medias. There are two elements of execution- Copy
Strategy and Media Plan
Copy Strategy- It consist of copy objectives andmethods or tactics. Media Plan- It specifies exactly where ads to be
placed. Cost effectiveness and profitability is
enhanced if media plan is made at this stage. It also includes Advertising Tactics and
Integrated Marketing Communication approach-360 degree approach of using other marketing
tools
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9. EVALUATION
It includes evaluation of advertising duringfollowing stages:
A. Before Execution-
Message development research, Primary method of data collection from
consumers,
Survey Research
Observation research Cognitive Psychology & Predetermined
notions about the brand
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Content analysis of competitors ads Readability tests
Psychological measures- Eye movementtracking, The pupillometer, Thepsychogalvanometer, The tachistoscope,The EEG( electroencephalograph)
B. During Execution- Coincidental Surveys Attitude tests
Tracking Studies Wave Analysis Consumer diaries Pantry checks Single-source Tracking
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C. After Execution-
Memory tests
Recall tests
Recognition tests
Direct-response counts Frame-by- Frame tests
In-Market tests
Brand tracking