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Anatomy of Advertising
Marketing Function
M. Larry Litwin, APR, Fellow PRSA
© 2010
2
Or…
A basic understanding of the
Advertising Profession
3
Portions taken from…
2
4
Portions taken from…
5
Hmmmmm…
6
Or…
3
7
Political Advertising
What sets Political and Issue Advertising apart
from all other Type and Techniques?
1. Lie
2. Print
3. Radio
4. TV
5. Cost
6. Payment
8
Types of Markets
• A market is a particular type of buyer.
• Share of market is the percentage of a
product category’s total market that buys a
particular brand.
9
Ads for Four Types of Markets
• Which is which?
– Consumer
– Business-to-
Business
– Institutional
– Channel
• How are the four
ads different?
• How are they the
same?
9
4
10
11 Types of Advertising
• Brand
• Retail or Local
• Directory
• Direct-Response
• Business-to-Business
• Corporate
• Institutional (Product)
• Recruitment
• Political
• Issue (Advocacy)
• Public Service (Charity/Non-profit)
11
26 Advertising Mechanisms
or Techniques
• Co-op
• Per Inquiry
• Tie-in
• Piggyback
• Competitor
• Product Placement
• Product Integration
• Silent Publicity
• Advertorial
• Infomercial
12
26 Advertising Mechanisms
or Techniques (more)
• Endorsement
• Testimonial
• Informational
• Partnering (Partnership/Affinity/Sponsorship
Marketing)
• Cause-Related Marketing (Positive Association/
Sponsorship Marketing)
• Co-authoring
• Co-branding
5
13
26 Advertising Mechanisms
or Techniques (more)
• Interactive
• Scent/Aroma Marketing
• Virtual
• Specialty
• Street Marketing
• Viral Marketing (Word of Mouth – WOMM)
• E-viral Marketing (Word of Mouse – E-WOMM)
• Promotainment
• House (Promo)
14
Marketing 101
Determine what people need (and
want) and give it to them.
15
Marketing
• The exchange of goods and
services from manufacturer to
consumer.
• Strategies that employ the various
elements of the marketing mix to
achieve marketing objectives.
6
16
What Is Marketing?
Marketing is a process used to identify, create and
maintain satisfying relationships with customers that
result in value for both the customer and the marketer.
17
What Is Marketing?
Exchange is the core domain for marketing:
 Two or more parties with something of
value to one another
 A desire and ability to give up something of
value to the other party
 A way for the parties to communicate with
one another
18
Marketing Mix
• A plan that identifies the most
effective combination of
promotional activities (IMC).
• The goal is to achieve synergy.
7
19
 Uncover the specific needs of a group of
people (market)
 Satisfy those needs by developing
appropriate products and services
 Offer products/ services at appropriate
prices at a convenient time and location
 Let potential customers know of their
availability and how they meet needs
Marketing Principles
20
Litwin’s 9 P’s of Marketing = Synergy
AKA – The Marketing Mix
 Product
 Place (Positioning)
 Price
 Promotion (Sales)
 Public Relations
 Personal selling
 Policy
 Politics
 Packaging
21
MAC Triad
M
+P+T
A C
M=Message A=Audience C=Channel
P=Purpose T=Timing
8
22
MAC Triad Plus cont.
• Informization
– Disseminating information (message) to
target audience through the proper channel
at the best possible time.
23
Strategy vs. Tactic
Strategy = why
Tactic = what
24
Superior tactics cannot
overcome a flawed
(business) strategy.
9
25
Q: IM vs. IMC
Integrated marketing links all marketing activities
together to achieve a single goal.
Integrated marketing communication ties your
communication messages together with a consistent look,
feel, tone, and message that support your integrated
marketing efforts.
26
The Promotional Mix
Promotion is the coordination of all seller-initiated
efforts to set up channels of information and
persuasion to sell goods and services or promote
an idea. Promotion is the communication function of
marketing.
27
The Promotional Mix
 Advertising
 Direct Marketing
 Interactive/Internet Marketing
 Sales Promotion
 Publicity/Public Relations
 Personal Selling
10
28
Core of Marketing is Simple:
 Communicating the value of what you offer to
those who can benefit the most
 How and where do you do that?
 Use the fundamental principles as a model to
guide you
29
Implementing
Both strategic and tactical
 Get attention with powerful Core Marketing
Message
 Get interest once you have attention –
materials and website
 Keep attention and interest by keeping
message in front consistently – Keep in touch
30
Implementing
 When they respond, convert to commitment –
make the sale
 Deliver what you promise if you want repeat
business and referrals
11
31
Advertising Campaigns
Consist of multiple messages in a variety of media
that center on a single theme or idea
32
Marketing
Communications
Activities
Integrated
In Different
Media
Interrelated
Over a Time
Period
Coordinated
Centered on a
Theme or Ideas
An Advertising Campaign
33
Diffusion Process – AITEA/R
• Create AWARENESS
• Generate INTEREST
• Encourage TRIAL
• EVALUATION
• ADOPTION/Rejection
12
34
AIDA
• Create ATTENTION
• Generate INTEREST
• Develop DESIRE
• Initiate ACTION
35
Questions ???
M. Larry Litwin, APR, Fellow PRSA
larry@larrylitwin.com
www.larrylitwin.com
© 2010

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Big lecture marketing 102610

  • 1. 1 1 Anatomy of Advertising Marketing Function M. Larry Litwin, APR, Fellow PRSA © 2010 2 Or… A basic understanding of the Advertising Profession 3 Portions taken from…
  • 3. 3 7 Political Advertising What sets Political and Issue Advertising apart from all other Type and Techniques? 1. Lie 2. Print 3. Radio 4. TV 5. Cost 6. Payment 8 Types of Markets • A market is a particular type of buyer. • Share of market is the percentage of a product category’s total market that buys a particular brand. 9 Ads for Four Types of Markets • Which is which? – Consumer – Business-to- Business – Institutional – Channel • How are the four ads different? • How are they the same? 9
  • 4. 4 10 11 Types of Advertising • Brand • Retail or Local • Directory • Direct-Response • Business-to-Business • Corporate • Institutional (Product) • Recruitment • Political • Issue (Advocacy) • Public Service (Charity/Non-profit) 11 26 Advertising Mechanisms or Techniques • Co-op • Per Inquiry • Tie-in • Piggyback • Competitor • Product Placement • Product Integration • Silent Publicity • Advertorial • Infomercial 12 26 Advertising Mechanisms or Techniques (more) • Endorsement • Testimonial • Informational • Partnering (Partnership/Affinity/Sponsorship Marketing) • Cause-Related Marketing (Positive Association/ Sponsorship Marketing) • Co-authoring • Co-branding
  • 5. 5 13 26 Advertising Mechanisms or Techniques (more) • Interactive • Scent/Aroma Marketing • Virtual • Specialty • Street Marketing • Viral Marketing (Word of Mouth – WOMM) • E-viral Marketing (Word of Mouse – E-WOMM) • Promotainment • House (Promo) 14 Marketing 101 Determine what people need (and want) and give it to them. 15 Marketing • The exchange of goods and services from manufacturer to consumer. • Strategies that employ the various elements of the marketing mix to achieve marketing objectives.
  • 6. 6 16 What Is Marketing? Marketing is a process used to identify, create and maintain satisfying relationships with customers that result in value for both the customer and the marketer. 17 What Is Marketing? Exchange is the core domain for marketing:  Two or more parties with something of value to one another  A desire and ability to give up something of value to the other party  A way for the parties to communicate with one another 18 Marketing Mix • A plan that identifies the most effective combination of promotional activities (IMC). • The goal is to achieve synergy.
  • 7. 7 19  Uncover the specific needs of a group of people (market)  Satisfy those needs by developing appropriate products and services  Offer products/ services at appropriate prices at a convenient time and location  Let potential customers know of their availability and how they meet needs Marketing Principles 20 Litwin’s 9 P’s of Marketing = Synergy AKA – The Marketing Mix  Product  Place (Positioning)  Price  Promotion (Sales)  Public Relations  Personal selling  Policy  Politics  Packaging 21 MAC Triad M +P+T A C M=Message A=Audience C=Channel P=Purpose T=Timing
  • 8. 8 22 MAC Triad Plus cont. • Informization – Disseminating information (message) to target audience through the proper channel at the best possible time. 23 Strategy vs. Tactic Strategy = why Tactic = what 24 Superior tactics cannot overcome a flawed (business) strategy.
  • 9. 9 25 Q: IM vs. IMC Integrated marketing links all marketing activities together to achieve a single goal. Integrated marketing communication ties your communication messages together with a consistent look, feel, tone, and message that support your integrated marketing efforts. 26 The Promotional Mix Promotion is the coordination of all seller-initiated efforts to set up channels of information and persuasion to sell goods and services or promote an idea. Promotion is the communication function of marketing. 27 The Promotional Mix  Advertising  Direct Marketing  Interactive/Internet Marketing  Sales Promotion  Publicity/Public Relations  Personal Selling
  • 10. 10 28 Core of Marketing is Simple:  Communicating the value of what you offer to those who can benefit the most  How and where do you do that?  Use the fundamental principles as a model to guide you 29 Implementing Both strategic and tactical  Get attention with powerful Core Marketing Message  Get interest once you have attention – materials and website  Keep attention and interest by keeping message in front consistently – Keep in touch 30 Implementing  When they respond, convert to commitment – make the sale  Deliver what you promise if you want repeat business and referrals
  • 11. 11 31 Advertising Campaigns Consist of multiple messages in a variety of media that center on a single theme or idea 32 Marketing Communications Activities Integrated In Different Media Interrelated Over a Time Period Coordinated Centered on a Theme or Ideas An Advertising Campaign 33 Diffusion Process – AITEA/R • Create AWARENESS • Generate INTEREST • Encourage TRIAL • EVALUATION • ADOPTION/Rejection
  • 12. 12 34 AIDA • Create ATTENTION • Generate INTEREST • Develop DESIRE • Initiate ACTION 35 Questions ??? M. Larry Litwin, APR, Fellow PRSA larry@larrylitwin.com www.larrylitwin.com © 2010