imc- strategic advertising tool

Upload: anand-bhagat

Post on 06-Apr-2018

219 views

Category:

Documents


0 download

TRANSCRIPT

  • 8/3/2019 IMC- Strategic Advertising Tool

    1/26

    Strategic Advertising Tool

    Presented by-

    Aayush saxena

    Sandeep singh

    Vikrant dagar

  • 8/3/2019 IMC- Strategic Advertising Tool

    2/26

    The Research Process

    Define the Problem and Research Objective.

    Check Secondary Source.

    Carry out Primary Research.

  • 8/3/2019 IMC- Strategic Advertising Tool

    3/26

    Define the problem and Research

    Objective Problem should not be defined too Broadly or

    too narrowly.

    Need to focus on-

    What is to be researched ?

    Why is to be researched ?

  • 8/3/2019 IMC- Strategic Advertising Tool

    4/26

    Types of research

    Exploratory Research Descriptive Research Causal Research

    (Unaware of Problem) (Aware of Problem) (Problem Clearly Defined)

    Our sales are declining and What kind of people are buying Will buyers purchase more of

    we dont know why. our product? Who buys our our products in a new

    package? competitors product?

    Would people be interested Which of two advertising

    in our new product idea? What features do buyers prefer campaigns is more effective?

    in our product?

  • 8/3/2019 IMC- Strategic Advertising Tool

    5/26

    Secondary Source

    Information that already exist.

    Quicker and cheaper than Primary research.

    Some sources of secondary research-

    Client Record

    Trade publication

    Government publication

  • 8/3/2019 IMC- Strategic Advertising Tool

    6/26

    Cont..

    Commercial sources

    Agency research

    Website, magazines and general publications

  • 8/3/2019 IMC- Strategic Advertising Tool

    7/26

    Primary Research

    A) Researchapproaches

    B) Contactmethods

    C) Samplingprocedure

    D) Researchinstruments

    Primaryresearch

  • 8/3/2019 IMC- Strategic Advertising Tool

    8/26

    Research Approach

    Firsthand

    Experience

    Focus

    group

    survey

    observation Experim-

    ent

  • 8/3/2019 IMC- Strategic Advertising Tool

    9/26

    Firsthand Experience - Advertiser must touch,

    taste, smell, hear, see, experience a productbefore conducting a research.

    Observation - Customers actual purchase

    reflect true actions and are often more

    dependable than statements make to

    researcher.

    Survey what cannot be observed can be

    surveyed with a help of questionnaire.

  • 8/3/2019 IMC- Strategic Advertising Tool

    10/26

    Experiment - They are good for capturing

    cause and effect relationships.

    Focus group - Inviting six to ten people to

    spend time discussing the clients product. It is

    conducted by trained moderator.

    Psychological / psychographic approach This

    approach probes deeper into a prospects

    beliefs, feelings, attitude, motivation.

  • 8/3/2019 IMC- Strategic Advertising Tool

    11/26

    Mail :- Useful for survey based research. Questionnaires mailed to respondents via post.

    Less changes of interviewer bias results based onthe interviewer asked questions.

    Less costly method as compared to all the contactmethods.

    Drawbacks are unambiguosly worded questions

    have no opportunity to clarify doubts. Mail surveys takes long time tocomplete and low

    response rate .

    ContactMethods

  • 8/3/2019 IMC- Strategic Advertising Tool

    12/26

    Telephone :- Gather information speedily.

    Respondents clarify difficult questions. Cost per respondent is high

    Chances of interviewer bias

    Interviewer cheat and fill questionnaire undertime pressure.

  • 8/3/2019 IMC- Strategic Advertising Tool

    13/26

    Personal: Personal interviews could be

    individual or group interviews. Most flexible of all contact methods with the

    opportunity to probe,clarify,modify and delete

    questions.

    Trained interviewers have a greater control on

    the respondent.

    Both individual or group interviews observe

    reactions and behaviours.

    Time and cost factor are higher

  • 8/3/2019 IMC- Strategic Advertising Tool

    14/26

    Computer: Respondents read questions and

    type the answer on the computer. Touch screen computers, fancy graphics make

    answering questions fun.

    Companies using online spying methods likecapturing data to learn consumer behaviour.

  • 8/3/2019 IMC- Strategic Advertising Tool

    15/26

    Sampling Plan

    Sample is a segment of the population selected forresearch represents population as a whole.

    Decisions made for selection of a sample :-

    Sampling unit:- Ideal sample should berepresentative of the large population.

    Sample size:-Larger sample give reliable results. Ifsample are chosen with scientific proceduresmaller sample give reliable result.

    Sampling procedure:- Researcher have a choice ofprobabilistic or non-probabilistic samplingmethods.

  • 8/3/2019 IMC- Strategic Advertising Tool

    16/26

    Common Sampling Methods

    Probability

    sample

    Simple random

    sample

    Stratifiedrandomsample

    Non-probability

    sample

    Conveniencesample

    Judgmentsample

  • 8/3/2019 IMC- Strategic Advertising Tool

    17/26

    Probability sample-

    Simple random Each member in the population

    has equal chance of being selected.

    Stratified random - the population is divided into a

    specified set of strata such that the members

    within each stratum have similar attributes but

    the members between strata have dissimilar

    attributes.

  • 8/3/2019 IMC- Strategic Advertising Tool

    18/26

    Non-probability sample-

    Convenience sample The researcher select the

    population member that are most convenient to

    access.

    Judgment sample The researcher uses his

    judgment to determine which prospect are likely

    to give accurate information.

  • 8/3/2019 IMC- Strategic Advertising Tool

    19/26

    TypesofResearch Instruments

    Questionnaire Tools

    Psychological Tools

    Mechanical Tools

    Projective Tools

  • 8/3/2019 IMC- Strategic Advertising Tool

    20/26

    Questionnaire A questionnaire consists of a set ofquestion presented to the respondents. It is popularly used to

    collect primary data. Questionnaire are two tpyes.

    Closed & Open ended question

    Closed ended question- closed ended question are thosethat include all the possible answers and respondents choose

    one or more relevant answers from among the choices given.

    Open ended question- open ended questions do notfurnish respondents with choices and allow them to answer in

    their own words.

  • 8/3/2019 IMC- Strategic Advertising Tool

    21/26

    Psychological tools psychological tools are used forpsychological research to probe deeper into a prospects

    beliefs, feelings, attitudes and motivations. A popularpsychological instruments is the Zaltman MetaphoricElicitation Technique {ZMET}.psychological tools are costly andtime-consuming compared to their instruments.

    Mechanical tools mechanical or laboratory tools areobservations devices that are not very prominently ued inindia, but in many weatern countries. A few tools are used inmechanical tools these are:-

    Eyemovement camera

    Audiometers

    peoplemeter

  • 8/3/2019 IMC- Strategic Advertising Tool

    22/26

    Eyemovement camera- The eye movement cameratracks the movement of the eye over an

    advertisement where the eyes focus first,how longthey linger on a given item and so on.

    Audiometers a audiometers is a device that isattached to t.v sets in selected homes and records

    when the t.v set is on and to which channel it is tuned. Peoplemetrs a peoplemetrs is also a devices that is

    attached to t.v sets in a panel of participating homesand records which family member watches what

    program. It then measure the size and demographicscomposition of audiences for various televisionchannels and programs.

  • 8/3/2019 IMC- Strategic Advertising Tool

    23/26

    Projective tools Projective tools include

    techniques like word association; sentence-,picture or story-completion: thematic

    apperception tests,etc.. Projective techniques

    require a lot of time , effort, and money

  • 8/3/2019 IMC- Strategic Advertising Tool

    24/26

    Some mechanical tools

    Psycho galvanometer

    Tachitoscope

    People meter

  • 8/3/2019 IMC- Strategic Advertising Tool

    25/26

    Interpret the Result

    Reduces Uncertainty

    Helps focus decision making

  • 8/3/2019 IMC- Strategic Advertising Tool

    26/26

    Thank You.