SlideShare a Scribd company logo
MARKETING &
ADVERTISING
The aim of this tutorial is to help you learn to
identify and evaluate marketing strategies and
advertisements.
What statement is this man making?
2
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
Why has GEICO been so successful
in its marketing and advertising?
3
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
Marketing in a consumer culture
Marketing a product or service is an essential component
of doing business in a consumer culture like that of the
United States. A business’s success depends on its
ability to determine what customers want and then
provide it at a reasonable cost. To achieve these goals,
businesses need to plan and implement effective
strategies for marketing and advertising these products
and services. This involves identifying target markets and
customer “hot buttons” through marketing research.
4
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
Marc Ecko
5
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
Hot or Not?
What do you see as today’s
consumer “hot buttons”?
6
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
Approaches to marketing research
There are several approaches to marketing research,
including surveys, observation, and experimentation, each
of which requires proficiency in critical thinking and
inductive logic.
Survey research is used to collect information and
opinions about a product.
Observation involves directly monitoring consumer
buying patterns.
Experimentation measures cause-effect relationships
between product purchases and selected variables such
as packaging, logo, or price.
7
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
Marketing strategies
After gathering relevant information through marketing
research, the next step is to engage in strategic planning.
A strategic plan is a method by which an organization
deploys its resources to realize a goal or objective. In
business, strategic planning generally involves the use of a
strategic model, defined as “a systematic list of policies
that will guide the future specification of inputs, outputs,
processes, and values of the complete operations of the
business of the corporation.”
8
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
Walmart has an aggressive and
effective marketing strategy.
9
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
The SWOT model
 SWOT is an acronym for “strengths, weaknesses,
opportunities, and threats. The model is used for
developing new marketing strategies, as well as by
businesses and individuals for making major life
decisions. The first two factors, strengths and
weaknesses, require an internal assessment, while the
last two, opportunities and threats, require external
assessment.
 The key in using a strategic model like SWOT is to
develop strategies that concentrate on a company’s
strengths and opportunities in order to overcome internal
weaknesses and external threats.
10
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
For his Los Angeles Angels, Arturo Moreno
used a marketing strategy that appealed to
families and the Hispanic market.
11
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
Andrea Jung
12
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
Advertisements appear on television, in magazines, on
the Internet, on billboards, store displays, buses, taxis,
school bulletin boards, and even people’s clothing.
13
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
Advertising and the media
 Advertising has three purposes:
 To create product awareness
 To inform customers about a product or service
 To motivate customer demand and create brand loyalty
 The ultimate aim of advertising is to make money, not
advance truth.
 Most advertising reaches us through the mass media
and the Internet.
14
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
The Internet has provided marketers with new
opportunities for reaching consumers.
15
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
Hot or Not?
Have you ever changed product
loyalty as a result of an ad
campaign?
16
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
Product placement
 Product placement involves embedding advertisements
of targeted products within television shows, films or
streaming video. Often these product placements go
unnoticed, especially by children.
 Research shows children under the age of eight lack the
cognitive maturity to recognize either the intent of
advertising or the fallacious reasoning and rhetorical
devices that are frequently used in ads. These problems
persist through the teenage years.
17
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
Young children are vulnerable to
advertising images because of their
undeveloped critical-thinking skills.
18
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
American Idol judges are seen here
with their “favorite” beverage.
19
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
Evaluating advertisements
 When evaluating advertisements, there are a number of
questions we should ask.
 Are scare tactics used to persuade us we need the product?
 Does the ad provide credible evidence andor statistics to
support its claims?
 Does the ad rely on our tendencies of peer and group
conformity?
 Does the ad set up a desirable image or lifestyle unrelated to the
product?
 Does the ad employ other informal fallacies, such as hasty
generalization?
20
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
Evaluating advertisements (continued)
 When evaluating advertisements, there are a number of
questions we should ask. (continued)
 Does the ad use emotive language, images, or euphemisms?
 Is the grammar confusing or the wording misleading?
 Is the language vague, ambiguous, or obscure?
 Are the claims exaggerated?
 Does the ad omit necessary information?
 If the ad uses analogy, is the analogy relevant?
21
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
Snob appeal and the fallacy of false cause
22
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
Fallacy of appeal to inappropriate authority
23
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
Conclusions
Advertising influences a great deal of our buying habits
and beliefs, often more than we are willing to admit.
Because of this, we need to be constantly vigilant in using
critical thinking skills to identify and evaluate advertising
messages. Recognizing our tendencies and learning about
advertising strategies makes us less susceptible to
manipulative advertising.
24
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
Perspectives on advertising and children
25
© 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.

More Related Content

What's hot

Chapter 4 social media in public relations
Chapter 4  social media in public relationsChapter 4  social media in public relations
Chapter 4 social media in public relations
SasaTodorovic8
 
2019 Edelman-LinkedIn B2B Thought Leadership Impact Study
2019 Edelman-LinkedIn B2B Thought Leadership Impact Study2019 Edelman-LinkedIn B2B Thought Leadership Impact Study
2019 Edelman-LinkedIn B2B Thought Leadership Impact Study
Edelman
 
Friending in High Places: Business Leaders On Facebook and Instagram
Friending in High Places: Business Leaders On Facebook and InstagramFriending in High Places: Business Leaders On Facebook and Instagram
Friending in High Places: Business Leaders On Facebook and Instagram
Burson-Marsteller
 
2017 Edelman Trust Barometer Special Report: Institutional Investors
2017 Edelman Trust Barometer Special Report: Institutional Investors2017 Edelman Trust Barometer Special Report: Institutional Investors
2017 Edelman Trust Barometer Special Report: Institutional Investors
Edelman
 
Principles of a Social Business Intro 7DEE
Principles of a Social Business Intro 7DEE Principles of a Social Business Intro 7DEE
Principles of a Social Business Intro 7DEE
Olivier Blanchard
 
Reasons and Emotions that Guide Stakeholder´s Decisions and Have an Impact on...
Reasons and Emotions that Guide Stakeholder´s Decisions and Have an Impact on...Reasons and Emotions that Guide Stakeholder´s Decisions and Have an Impact on...
Reasons and Emotions that Guide Stakeholder´s Decisions and Have an Impact on...
Corporate Excellence - Centre for Reputation Leadership
 
The Hidden Value of a Social Strategy: Social Listening in Practice
The Hidden Value of a Social Strategy: Social Listening in PracticeThe Hidden Value of a Social Strategy: Social Listening in Practice
The Hidden Value of a Social Strategy: Social Listening in Practice
Brandwatch
 
The Future of Reputation - People's Insights Magazine
The Future of Reputation - People's Insights MagazineThe Future of Reputation - People's Insights Magazine
The Future of Reputation - People's Insights Magazine
MSL
 
MSLGROUP Reputation Impact Indicator Study 2015 (China Edition)
MSLGROUP Reputation Impact Indicator Study 2015 (China Edition)MSLGROUP Reputation Impact Indicator Study 2015 (China Edition)
MSLGROUP Reputation Impact Indicator Study 2015 (China Edition)
MSL
 
Rebalancing in the Age of Disequilibrium
Rebalancing in the Age of DisequilibriumRebalancing in the Age of Disequilibrium
Rebalancing in the Age of Disequilibrium
Weber Shandwick
 
Authentic Storytelling: Getting Out of Our Own Way
Authentic Storytelling: Getting Out of Our Own WayAuthentic Storytelling: Getting Out of Our Own Way
Authentic Storytelling: Getting Out of Our Own Way
LinkedIn
 
Edelman Berland Research Findings: Veterans as Strategic Assets Initiative
Edelman Berland Research Findings: Veterans as Strategic Assets InitiativeEdelman Berland Research Findings: Veterans as Strategic Assets Initiative
Edelman Berland Research Findings: Veterans as Strategic Assets Initiative
Edelman
 

What's hot (14)

Chapter 4 social media in public relations
Chapter 4  social media in public relationsChapter 4  social media in public relations
Chapter 4 social media in public relations
 
2019 Edelman-LinkedIn B2B Thought Leadership Impact Study
2019 Edelman-LinkedIn B2B Thought Leadership Impact Study2019 Edelman-LinkedIn B2B Thought Leadership Impact Study
2019 Edelman-LinkedIn B2B Thought Leadership Impact Study
 
Friending in High Places: Business Leaders On Facebook and Instagram
Friending in High Places: Business Leaders On Facebook and InstagramFriending in High Places: Business Leaders On Facebook and Instagram
Friending in High Places: Business Leaders On Facebook and Instagram
 
2017 Edelman Trust Barometer Special Report: Institutional Investors
2017 Edelman Trust Barometer Special Report: Institutional Investors2017 Edelman Trust Barometer Special Report: Institutional Investors
2017 Edelman Trust Barometer Special Report: Institutional Investors
 
Principles of a Social Business Intro 7DEE
Principles of a Social Business Intro 7DEE Principles of a Social Business Intro 7DEE
Principles of a Social Business Intro 7DEE
 
Reasons and Emotions that Guide Stakeholder´s Decisions and Have an Impact on...
Reasons and Emotions that Guide Stakeholder´s Decisions and Have an Impact on...Reasons and Emotions that Guide Stakeholder´s Decisions and Have an Impact on...
Reasons and Emotions that Guide Stakeholder´s Decisions and Have an Impact on...
 
The Hidden Value of a Social Strategy: Social Listening in Practice
The Hidden Value of a Social Strategy: Social Listening in PracticeThe Hidden Value of a Social Strategy: Social Listening in Practice
The Hidden Value of a Social Strategy: Social Listening in Practice
 
The Future of Reputation - People's Insights Magazine
The Future of Reputation - People's Insights MagazineThe Future of Reputation - People's Insights Magazine
The Future of Reputation - People's Insights Magazine
 
MSLGROUP Reputation Impact Indicator Study 2015 (China Edition)
MSLGROUP Reputation Impact Indicator Study 2015 (China Edition)MSLGROUP Reputation Impact Indicator Study 2015 (China Edition)
MSLGROUP Reputation Impact Indicator Study 2015 (China Edition)
 
Purpose_in_Practice
Purpose_in_PracticePurpose_in_Practice
Purpose_in_Practice
 
Rebalancing in the Age of Disequilibrium
Rebalancing in the Age of DisequilibriumRebalancing in the Age of Disequilibrium
Rebalancing in the Age of Disequilibrium
 
PDM
PDMPDM
PDM
 
Authentic Storytelling: Getting Out of Our Own Way
Authentic Storytelling: Getting Out of Our Own WayAuthentic Storytelling: Getting Out of Our Own Way
Authentic Storytelling: Getting Out of Our Own Way
 
Edelman Berland Research Findings: Veterans as Strategic Assets Initiative
Edelman Berland Research Findings: Veterans as Strategic Assets InitiativeEdelman Berland Research Findings: Veterans as Strategic Assets Initiative
Edelman Berland Research Findings: Veterans as Strategic Assets Initiative
 

Viewers also liked

Boss2 ppt ch12
Boss2 ppt ch12Boss2 ppt ch12
Boss2 ppt ch12
dborcoman
 
Psychology, Science, and Pseudoscience: Class #19 (Popularity of Pseudosci)
Psychology, Science, and Pseudoscience: Class #19 (Popularity of Pseudosci)Psychology, Science, and Pseudoscience: Class #19 (Popularity of Pseudosci)
Psychology, Science, and Pseudoscience: Class #19 (Popularity of Pseudosci)
Brian Hughes
 
Natural science and pseudoscience
Natural science and pseudoscienceNatural science and pseudoscience
Natural science and pseudoscienceNanase Isaka
 
Psychology, Science, and Pseudoscience: Class #17 (MMR-Autism Scandal)
Psychology, Science, and Pseudoscience: Class #17 (MMR-Autism Scandal)Psychology, Science, and Pseudoscience: Class #17 (MMR-Autism Scandal)
Psychology, Science, and Pseudoscience: Class #17 (MMR-Autism Scandal)
Brian Hughes
 
Psychology, Science, and Pseudoscience: Class #20 (Mystic, Postmod, Econ)
Psychology, Science, and Pseudoscience: Class #20 (Mystic, Postmod, Econ)Psychology, Science, and Pseudoscience: Class #20 (Mystic, Postmod, Econ)
Psychology, Science, and Pseudoscience: Class #20 (Mystic, Postmod, Econ)
Brian Hughes
 
Psychology, Science, and Pseudoscience: Class #10 (Psych: Phil of Sci)
Psychology, Science, and Pseudoscience: Class #10 (Psych: Phil of Sci)Psychology, Science, and Pseudoscience: Class #10 (Psych: Phil of Sci)
Psychology, Science, and Pseudoscience: Class #10 (Psych: Phil of Sci)
Brian Hughes
 
Science Of The Brain: New Ways To Engage Adult Learners
Science Of The Brain: New Ways To Engage Adult LearnersScience Of The Brain: New Ways To Engage Adult Learners
Science Of The Brain: New Ways To Engage Adult Learners
Jeff Hurt
 
NeuroLeadership in Organization Development
NeuroLeadership in Organization Development NeuroLeadership in Organization Development
NeuroLeadership in Organization Development
Organization Development Network of Western New York
 

Viewers also liked (8)

Boss2 ppt ch12
Boss2 ppt ch12Boss2 ppt ch12
Boss2 ppt ch12
 
Psychology, Science, and Pseudoscience: Class #19 (Popularity of Pseudosci)
Psychology, Science, and Pseudoscience: Class #19 (Popularity of Pseudosci)Psychology, Science, and Pseudoscience: Class #19 (Popularity of Pseudosci)
Psychology, Science, and Pseudoscience: Class #19 (Popularity of Pseudosci)
 
Natural science and pseudoscience
Natural science and pseudoscienceNatural science and pseudoscience
Natural science and pseudoscience
 
Psychology, Science, and Pseudoscience: Class #17 (MMR-Autism Scandal)
Psychology, Science, and Pseudoscience: Class #17 (MMR-Autism Scandal)Psychology, Science, and Pseudoscience: Class #17 (MMR-Autism Scandal)
Psychology, Science, and Pseudoscience: Class #17 (MMR-Autism Scandal)
 
Psychology, Science, and Pseudoscience: Class #20 (Mystic, Postmod, Econ)
Psychology, Science, and Pseudoscience: Class #20 (Mystic, Postmod, Econ)Psychology, Science, and Pseudoscience: Class #20 (Mystic, Postmod, Econ)
Psychology, Science, and Pseudoscience: Class #20 (Mystic, Postmod, Econ)
 
Psychology, Science, and Pseudoscience: Class #10 (Psych: Phil of Sci)
Psychology, Science, and Pseudoscience: Class #10 (Psych: Phil of Sci)Psychology, Science, and Pseudoscience: Class #10 (Psych: Phil of Sci)
Psychology, Science, and Pseudoscience: Class #10 (Psych: Phil of Sci)
 
Science Of The Brain: New Ways To Engage Adult Learners
Science Of The Brain: New Ways To Engage Adult LearnersScience Of The Brain: New Ways To Engage Adult Learners
Science Of The Brain: New Ways To Engage Adult Learners
 
NeuroLeadership in Organization Development
NeuroLeadership in Organization Development NeuroLeadership in Organization Development
NeuroLeadership in Organization Development
 

Similar to Boss2 ppt ch10

Boss5 ppt ch10_ada (1)
Boss5 ppt ch10_ada (1)Boss5 ppt ch10_ada (1)
Boss5 ppt ch10_ada (1)
dborcoman
 
Chapter Ten Small Business Promotion Capturing the Eye of You.docx
Chapter Ten Small Business Promotion Capturing the Eye of You.docxChapter Ten Small Business Promotion Capturing the Eye of You.docx
Chapter Ten Small Business Promotion Capturing the Eye of You.docx
bartholomeocoombs
 
Social Media MTL Conference Ppt
Social Media MTL Conference PptSocial Media MTL Conference Ppt
Social Media MTL Conference Ppt
rajpatelplantemoran
 
Referral marketing best practices for 2014
Referral marketing best practices for 2014Referral marketing best practices for 2014
Referral marketing best practices for 2014
Arnas Rackauskas
 
Brand-Metrics
Brand-MetricsBrand-Metrics
Brand-Metrics
dmayberr
 
Effective Marketing Its Not Just Tactics
Effective Marketing  Its Not Just Tactics Effective Marketing  Its Not Just Tactics
Effective Marketing Its Not Just Tactics
Marketing Pathways
 
IMPACT ON ADVERTISING ON CONSUMER BEHAVIOUR
IMPACT ON ADVERTISING ON CONSUMER BEHAVIOURIMPACT ON ADVERTISING ON CONSUMER BEHAVIOUR
IMPACT ON ADVERTISING ON CONSUMER BEHAVIOURkezia florence
 
The Social Enterprise: How Leading Companies are Evolving their Social Media ...
The Social Enterprise: How Leading Companies are Evolving their Social Media ...The Social Enterprise: How Leading Companies are Evolving their Social Media ...
The Social Enterprise: How Leading Companies are Evolving their Social Media ...
Ravit Lichtenberg
 
Becoming a Market Shaper
Becoming a Market ShaperBecoming a Market Shaper
Becoming a Market Shaper
Mary Abbazia
 
Irfan Kamal - Making Social Media Effective
Irfan Kamal - Making Social Media EffectiveIrfan Kamal - Making Social Media Effective
Irfan Kamal - Making Social Media Effective
datasong
 
Social media and online toolkit connecting and engaging with stakeholders o...
Social media and online toolkit   connecting and engaging with stakeholders o...Social media and online toolkit   connecting and engaging with stakeholders o...
Social media and online toolkit connecting and engaging with stakeholders o...
Elton Kuah
 
Consumer Healthcare Products Australia - Shiny Diamonds Presentation
Consumer Healthcare Products Australia - Shiny Diamonds PresentationConsumer Healthcare Products Australia - Shiny Diamonds Presentation
Consumer Healthcare Products Australia - Shiny Diamonds Presentation
XPotential Australia New Zealand
 
Making marketing work!
Making marketing work!Making marketing work!
Making marketing work!
Browne & Mohan
 
Social media marketing plan
Social media marketing planSocial media marketing plan
Social media marketing plan
Darianriggs1911
 
4 Growth Positioning
4 Growth Positioning4 Growth Positioning
4 Growth Positioning
Gary Collins
 
The Marketing Planning Workbook
The Marketing Planning WorkbookThe Marketing Planning Workbook
The Marketing Planning Workbook
Andrew Pearson
 
Mkt 16
Mkt 16Mkt 16
Mkt 16audrey
 
Essay On What Is Strategy
Essay On What Is StrategyEssay On What Is Strategy

Similar to Boss2 ppt ch10 (20)

Boss5 ppt ch10_ada (1)
Boss5 ppt ch10_ada (1)Boss5 ppt ch10_ada (1)
Boss5 ppt ch10_ada (1)
 
Chapter Ten Small Business Promotion Capturing the Eye of You.docx
Chapter Ten Small Business Promotion Capturing the Eye of You.docxChapter Ten Small Business Promotion Capturing the Eye of You.docx
Chapter Ten Small Business Promotion Capturing the Eye of You.docx
 
Social Media MTL Conference Ppt
Social Media MTL Conference PptSocial Media MTL Conference Ppt
Social Media MTL Conference Ppt
 
Referral marketing best practices for 2014
Referral marketing best practices for 2014Referral marketing best practices for 2014
Referral marketing best practices for 2014
 
Brand-Metrics
Brand-MetricsBrand-Metrics
Brand-Metrics
 
Effective Marketing Its Not Just Tactics
Effective Marketing  Its Not Just Tactics Effective Marketing  Its Not Just Tactics
Effective Marketing Its Not Just Tactics
 
IMPACT ON ADVERTISING ON CONSUMER BEHAVIOUR
IMPACT ON ADVERTISING ON CONSUMER BEHAVIOURIMPACT ON ADVERTISING ON CONSUMER BEHAVIOUR
IMPACT ON ADVERTISING ON CONSUMER BEHAVIOUR
 
The Social Enterprise: How Leading Companies are Evolving their Social Media ...
The Social Enterprise: How Leading Companies are Evolving their Social Media ...The Social Enterprise: How Leading Companies are Evolving their Social Media ...
The Social Enterprise: How Leading Companies are Evolving their Social Media ...
 
Becoming a Market Shaper
Becoming a Market ShaperBecoming a Market Shaper
Becoming a Market Shaper
 
Mm11,12
Mm11,12Mm11,12
Mm11,12
 
Mm11,12
Mm11,12Mm11,12
Mm11,12
 
Irfan Kamal - Making Social Media Effective
Irfan Kamal - Making Social Media EffectiveIrfan Kamal - Making Social Media Effective
Irfan Kamal - Making Social Media Effective
 
Social media and online toolkit connecting and engaging with stakeholders o...
Social media and online toolkit   connecting and engaging with stakeholders o...Social media and online toolkit   connecting and engaging with stakeholders o...
Social media and online toolkit connecting and engaging with stakeholders o...
 
Consumer Healthcare Products Australia - Shiny Diamonds Presentation
Consumer Healthcare Products Australia - Shiny Diamonds PresentationConsumer Healthcare Products Australia - Shiny Diamonds Presentation
Consumer Healthcare Products Australia - Shiny Diamonds Presentation
 
Making marketing work!
Making marketing work!Making marketing work!
Making marketing work!
 
Social media marketing plan
Social media marketing planSocial media marketing plan
Social media marketing plan
 
4 Growth Positioning
4 Growth Positioning4 Growth Positioning
4 Growth Positioning
 
The Marketing Planning Workbook
The Marketing Planning WorkbookThe Marketing Planning Workbook
The Marketing Planning Workbook
 
Mkt 16
Mkt 16Mkt 16
Mkt 16
 
Essay On What Is Strategy
Essay On What Is StrategyEssay On What Is Strategy
Essay On What Is Strategy
 

More from dborcoman

Pojman ethics 8e_ppt_ch13
Pojman ethics 8e_ppt_ch13Pojman ethics 8e_ppt_ch13
Pojman ethics 8e_ppt_ch13
dborcoman
 
Pojman ethics 8e_ppt_ch12
Pojman ethics 8e_ppt_ch12Pojman ethics 8e_ppt_ch12
Pojman ethics 8e_ppt_ch12
dborcoman
 
Pojman ethics 8e_ppt_ch09
Pojman ethics 8e_ppt_ch09Pojman ethics 8e_ppt_ch09
Pojman ethics 8e_ppt_ch09
dborcoman
 
Pojman ethics 8e_ppt_ch10
Pojman ethics 8e_ppt_ch10Pojman ethics 8e_ppt_ch10
Pojman ethics 8e_ppt_ch10
dborcoman
 
Pojman ethics 8e_ppt_ch11
Pojman ethics 8e_ppt_ch11Pojman ethics 8e_ppt_ch11
Pojman ethics 8e_ppt_ch11
dborcoman
 
Pojman ethics 8e_ppt_ch08
Pojman ethics 8e_ppt_ch08Pojman ethics 8e_ppt_ch08
Pojman ethics 8e_ppt_ch08
dborcoman
 
Pojman ethics 8e_ppt_ch07
Pojman ethics 8e_ppt_ch07Pojman ethics 8e_ppt_ch07
Pojman ethics 8e_ppt_ch07
dborcoman
 
Pojman ethics 8e_ppt_ch06
Pojman ethics 8e_ppt_ch06Pojman ethics 8e_ppt_ch06
Pojman ethics 8e_ppt_ch06
dborcoman
 
Pojman ethics 8e_ppt_ch05
Pojman ethics 8e_ppt_ch05Pojman ethics 8e_ppt_ch05
Pojman ethics 8e_ppt_ch05
dborcoman
 
Pojman ethics 8e_ppt_ch04
Pojman ethics 8e_ppt_ch04Pojman ethics 8e_ppt_ch04
Pojman ethics 8e_ppt_ch04
dborcoman
 
Pojman ethics 8e_ppt_ch03
Pojman ethics 8e_ppt_ch03Pojman ethics 8e_ppt_ch03
Pojman ethics 8e_ppt_ch03
dborcoman
 
Pojman ethics 8e_ppt_ch02
Pojman ethics 8e_ppt_ch02Pojman ethics 8e_ppt_ch02
Pojman ethics 8e_ppt_ch02
dborcoman
 
Pojman ethics 8e_ppt_ch01
Pojman ethics 8e_ppt_ch01Pojman ethics 8e_ppt_ch01
Pojman ethics 8e_ppt_ch01
dborcoman
 
Boss5 ppt ch13_ada
Boss5 ppt ch13_adaBoss5 ppt ch13_ada
Boss5 ppt ch13_ada
dborcoman
 
Boss5 ppt ch12_ada
Boss5 ppt ch12_adaBoss5 ppt ch12_ada
Boss5 ppt ch12_ada
dborcoman
 
Boss5 ppt ch11_ada
Boss5 ppt ch11_adaBoss5 ppt ch11_ada
Boss5 ppt ch11_ada
dborcoman
 
Boss5 ppt ch09_ada
Boss5 ppt ch09_adaBoss5 ppt ch09_ada
Boss5 ppt ch09_ada
dborcoman
 
Boss5 ppt ch08_ada
Boss5 ppt ch08_adaBoss5 ppt ch08_ada
Boss5 ppt ch08_ada
dborcoman
 
Boss5 ppt ch07_ada (1)
Boss5 ppt ch07_ada (1)Boss5 ppt ch07_ada (1)
Boss5 ppt ch07_ada (1)
dborcoman
 
Boss5 ppt ch06_ada
Boss5 ppt ch06_adaBoss5 ppt ch06_ada
Boss5 ppt ch06_ada
dborcoman
 

More from dborcoman (20)

Pojman ethics 8e_ppt_ch13
Pojman ethics 8e_ppt_ch13Pojman ethics 8e_ppt_ch13
Pojman ethics 8e_ppt_ch13
 
Pojman ethics 8e_ppt_ch12
Pojman ethics 8e_ppt_ch12Pojman ethics 8e_ppt_ch12
Pojman ethics 8e_ppt_ch12
 
Pojman ethics 8e_ppt_ch09
Pojman ethics 8e_ppt_ch09Pojman ethics 8e_ppt_ch09
Pojman ethics 8e_ppt_ch09
 
Pojman ethics 8e_ppt_ch10
Pojman ethics 8e_ppt_ch10Pojman ethics 8e_ppt_ch10
Pojman ethics 8e_ppt_ch10
 
Pojman ethics 8e_ppt_ch11
Pojman ethics 8e_ppt_ch11Pojman ethics 8e_ppt_ch11
Pojman ethics 8e_ppt_ch11
 
Pojman ethics 8e_ppt_ch08
Pojman ethics 8e_ppt_ch08Pojman ethics 8e_ppt_ch08
Pojman ethics 8e_ppt_ch08
 
Pojman ethics 8e_ppt_ch07
Pojman ethics 8e_ppt_ch07Pojman ethics 8e_ppt_ch07
Pojman ethics 8e_ppt_ch07
 
Pojman ethics 8e_ppt_ch06
Pojman ethics 8e_ppt_ch06Pojman ethics 8e_ppt_ch06
Pojman ethics 8e_ppt_ch06
 
Pojman ethics 8e_ppt_ch05
Pojman ethics 8e_ppt_ch05Pojman ethics 8e_ppt_ch05
Pojman ethics 8e_ppt_ch05
 
Pojman ethics 8e_ppt_ch04
Pojman ethics 8e_ppt_ch04Pojman ethics 8e_ppt_ch04
Pojman ethics 8e_ppt_ch04
 
Pojman ethics 8e_ppt_ch03
Pojman ethics 8e_ppt_ch03Pojman ethics 8e_ppt_ch03
Pojman ethics 8e_ppt_ch03
 
Pojman ethics 8e_ppt_ch02
Pojman ethics 8e_ppt_ch02Pojman ethics 8e_ppt_ch02
Pojman ethics 8e_ppt_ch02
 
Pojman ethics 8e_ppt_ch01
Pojman ethics 8e_ppt_ch01Pojman ethics 8e_ppt_ch01
Pojman ethics 8e_ppt_ch01
 
Boss5 ppt ch13_ada
Boss5 ppt ch13_adaBoss5 ppt ch13_ada
Boss5 ppt ch13_ada
 
Boss5 ppt ch12_ada
Boss5 ppt ch12_adaBoss5 ppt ch12_ada
Boss5 ppt ch12_ada
 
Boss5 ppt ch11_ada
Boss5 ppt ch11_adaBoss5 ppt ch11_ada
Boss5 ppt ch11_ada
 
Boss5 ppt ch09_ada
Boss5 ppt ch09_adaBoss5 ppt ch09_ada
Boss5 ppt ch09_ada
 
Boss5 ppt ch08_ada
Boss5 ppt ch08_adaBoss5 ppt ch08_ada
Boss5 ppt ch08_ada
 
Boss5 ppt ch07_ada (1)
Boss5 ppt ch07_ada (1)Boss5 ppt ch07_ada (1)
Boss5 ppt ch07_ada (1)
 
Boss5 ppt ch06_ada
Boss5 ppt ch06_adaBoss5 ppt ch06_ada
Boss5 ppt ch06_ada
 

Recently uploaded

Additional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdfAdditional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdf
joachimlavalley1
 
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdfAdversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Po-Chuan Chen
 
Honest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptxHonest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptx
timhan337
 
special B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdfspecial B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdf
Special education needs
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
EduSkills OECD
 
CLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCE
CLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCECLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCE
CLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCE
BhavyaRajput3
 
Digital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and ResearchDigital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and Research
Vikramjit Singh
 
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
Levi Shapiro
 
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup   New Member Orientation and Q&A (May 2024).pdfWelcome to TechSoup   New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
TechSoup
 
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp NetworkIntroduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
TechSoup
 
The French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free downloadThe French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free download
Vivekanand Anglo Vedic Academy
 
The geography of Taylor Swift - some ideas
The geography of Taylor Swift - some ideasThe geography of Taylor Swift - some ideas
The geography of Taylor Swift - some ideas
GeoBlogs
 
Lapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdfLapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdf
Jean Carlos Nunes Paixão
 
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
Nguyen Thanh Tu Collection
 
How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17
Celine George
 
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
siemaillard
 
Synthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptxSynthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptx
Pavel ( NSTU)
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
Atul Kumar Singh
 
Chapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptxChapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptx
Mohd Adib Abd Muin, Senior Lecturer at Universiti Utara Malaysia
 
Polish students' mobility in the Czech Republic
Polish students' mobility in the Czech RepublicPolish students' mobility in the Czech Republic
Polish students' mobility in the Czech Republic
Anna Sz.
 

Recently uploaded (20)

Additional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdfAdditional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdf
 
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdfAdversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
 
Honest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptxHonest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptx
 
special B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdfspecial B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdf
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
 
CLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCE
CLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCECLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCE
CLASS 11 CBSE B.St Project AIDS TO TRADE - INSURANCE
 
Digital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and ResearchDigital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and Research
 
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
 
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup   New Member Orientation and Q&A (May 2024).pdfWelcome to TechSoup   New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
 
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp NetworkIntroduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
 
The French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free downloadThe French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free download
 
The geography of Taylor Swift - some ideas
The geography of Taylor Swift - some ideasThe geography of Taylor Swift - some ideas
The geography of Taylor Swift - some ideas
 
Lapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdfLapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdf
 
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
 
How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17
 
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
 
Synthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptxSynthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptx
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
 
Chapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptxChapter 3 - Islamic Banking Products and Services.pptx
Chapter 3 - Islamic Banking Products and Services.pptx
 
Polish students' mobility in the Czech Republic
Polish students' mobility in the Czech RepublicPolish students' mobility in the Czech Republic
Polish students' mobility in the Czech Republic
 

Boss2 ppt ch10

  • 1. MARKETING & ADVERTISING The aim of this tutorial is to help you learn to identify and evaluate marketing strategies and advertisements.
  • 2. What statement is this man making? 2 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 3. Why has GEICO been so successful in its marketing and advertising? 3 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 4. Marketing in a consumer culture Marketing a product or service is an essential component of doing business in a consumer culture like that of the United States. A business’s success depends on its ability to determine what customers want and then provide it at a reasonable cost. To achieve these goals, businesses need to plan and implement effective strategies for marketing and advertising these products and services. This involves identifying target markets and customer “hot buttons” through marketing research. 4 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 5. Marc Ecko 5 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 6. Hot or Not? What do you see as today’s consumer “hot buttons”? 6 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 7. Approaches to marketing research There are several approaches to marketing research, including surveys, observation, and experimentation, each of which requires proficiency in critical thinking and inductive logic. Survey research is used to collect information and opinions about a product. Observation involves directly monitoring consumer buying patterns. Experimentation measures cause-effect relationships between product purchases and selected variables such as packaging, logo, or price. 7 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 8. Marketing strategies After gathering relevant information through marketing research, the next step is to engage in strategic planning. A strategic plan is a method by which an organization deploys its resources to realize a goal or objective. In business, strategic planning generally involves the use of a strategic model, defined as “a systematic list of policies that will guide the future specification of inputs, outputs, processes, and values of the complete operations of the business of the corporation.” 8 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 9. Walmart has an aggressive and effective marketing strategy. 9 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 10. The SWOT model  SWOT is an acronym for “strengths, weaknesses, opportunities, and threats. The model is used for developing new marketing strategies, as well as by businesses and individuals for making major life decisions. The first two factors, strengths and weaknesses, require an internal assessment, while the last two, opportunities and threats, require external assessment.  The key in using a strategic model like SWOT is to develop strategies that concentrate on a company’s strengths and opportunities in order to overcome internal weaknesses and external threats. 10 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 11. For his Los Angeles Angels, Arturo Moreno used a marketing strategy that appealed to families and the Hispanic market. 11 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 12. Andrea Jung 12 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 13. Advertisements appear on television, in magazines, on the Internet, on billboards, store displays, buses, taxis, school bulletin boards, and even people’s clothing. 13 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 14. Advertising and the media  Advertising has three purposes:  To create product awareness  To inform customers about a product or service  To motivate customer demand and create brand loyalty  The ultimate aim of advertising is to make money, not advance truth.  Most advertising reaches us through the mass media and the Internet. 14 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 15. The Internet has provided marketers with new opportunities for reaching consumers. 15 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 16. Hot or Not? Have you ever changed product loyalty as a result of an ad campaign? 16 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 17. Product placement  Product placement involves embedding advertisements of targeted products within television shows, films or streaming video. Often these product placements go unnoticed, especially by children.  Research shows children under the age of eight lack the cognitive maturity to recognize either the intent of advertising or the fallacious reasoning and rhetorical devices that are frequently used in ads. These problems persist through the teenage years. 17 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 18. Young children are vulnerable to advertising images because of their undeveloped critical-thinking skills. 18 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 19. American Idol judges are seen here with their “favorite” beverage. 19 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 20. Evaluating advertisements  When evaluating advertisements, there are a number of questions we should ask.  Are scare tactics used to persuade us we need the product?  Does the ad provide credible evidence andor statistics to support its claims?  Does the ad rely on our tendencies of peer and group conformity?  Does the ad set up a desirable image or lifestyle unrelated to the product?  Does the ad employ other informal fallacies, such as hasty generalization? 20 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 21. Evaluating advertisements (continued)  When evaluating advertisements, there are a number of questions we should ask. (continued)  Does the ad use emotive language, images, or euphemisms?  Is the grammar confusing or the wording misleading?  Is the language vague, ambiguous, or obscure?  Are the claims exaggerated?  Does the ad omit necessary information?  If the ad uses analogy, is the analogy relevant? 21 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 22. Snob appeal and the fallacy of false cause 22 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 23. Fallacy of appeal to inappropriate authority 23 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 24. Conclusions Advertising influences a great deal of our buying habits and beliefs, often more than we are willing to admit. Because of this, we need to be constantly vigilant in using critical thinking skills to identify and evaluate advertising messages. Recognizing our tendencies and learning about advertising strategies makes us less susceptible to manipulative advertising. 24 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.
  • 25. Perspectives on advertising and children 25 © 2012, The McGraw-Hill Companies, Inc. All Rights Reserved.