McGraw-Hill/Irwin   Copyright © 2009 by the McGraw-Hill Companies, Inc. All rights reserved.
Chapter 11
  Communicating
Via Advertising, Trade
    Shows, and PR
REASONS TO ADVERTISE
•   ADVERTISING CREATES AWARENESS -
    Communicates to any group, including customers
•   ADVERTISING STRENGTHENS ATTITUDES
    - With customers, in financial markets, with
    potential suppliers, with government officials

•   ADVERTISING LEADS TO ACTION –
    Leads prospects through decision process

•   ADVERTISING INFLUENCES FINANCIAL
    PERFORMANCE –
    Has a positive effect on business performance
                                                     11-3
THE TWO MAJOR ELEMENTS
OF ADVERTISING STRATEGY

The Creative Plan     The Media Plan
The Content of the     The Channel of
    Message            Communication

       OR                   OR

 What We Want            How We Will
    To Say           Deliver What We Say

                                           11-4
ADVERTISING STRATEGY
       DEVELOPMENT


• DETERMINE ADVERTISING OBJECTIVES
• DETERMINE THE CREATIVE PLAN
• SELECT MEDIA
• MEASURE ADVERTISING PERFORMANCE

                                     11-5
THE FOUR KEY
ADVERTISING OBJECTIVES

Positioning
              Action Objective
 Objective




Performance     Audience
 Objectives     Objectives


                                 11-6
DEVELOP POSITIONING OBJECTIVES
   FOR A WINNING CAMPAIGN

 • POSITIONING OBJECTIVES
   •   Develop the brand personality

   •   Create climate for personal sales calls

   •   Support other communication channels

   •   Stimulate derived demand

   •                   Exhibit 11-1
       Project financially healthy image
                                                 11-7
DEVELOP ACTION OBJECTIVES
      FOR A WINNING CAMPAIGN

• ACTION OBJECTIVES
  • Generate leads for field or telemarketing
    salespeople

  • Increase attendance at a trade show
  • Increase distribution of catalogs
  • Secure investment in company through sale of
    equities

  • Generate sales     Exhibit 11-1
                                                   11-8
MEASURING ADVERTISING
               PERFORMANCE
   THE MEASURE:                      DETERMINED BY:
RECALL                        SURVEYS/FOCUS GROUPS
INQUIRES                      CARD/COUPON RESPONSE, 800-
                              NUMBER RESPONSE

POSITION                      PRE-AND POST-ADVERTISING
                              ATTITUDE SURVEYS

REACH                         ESTIMATE YOUR READERS
                              BASED ON TOTAL
                              CIRCULATION/ READERSHIP
                              AUDITS
CPM (cost per 1000)           DIVIDE COST OF AD BY
                              READERSHIP EXPRESSED IN
                              1000s
                      Exhibit 11-4
                                                         11-9
WRITING NEWS RELEASES: A CHECKLIST


•   IDENTIFY YOURSELF AND PROVIDE CONTACT INFORMATION

•   PROVIDE A RELEASE DATE FOR THE NEWSPIECE

•   USE WIDE MARGINS AND SPACINGS

•   KEEP IT SHORT, ONE PAGE IS PREFERRED

•   PROOF THE COPY

•   DON’T FOLLOW-UP ABOUT RECEIVING THE RELEASE

                         Exhibit 11-5
•   DON’T ASK FOR TEARSHEETS                        11-10
TIPS FOR DELIVERING
     A WINNING NEWS RELEASE


1. MAKE SURE YOUR SUBJECT IS
   NEWSWORTHY

2. INCLUDE SAMPLES WHEN / WHERE / IF
   POSSIBLE

3. PRODUCE 3-MINUTE DEMO DVD TO
   ACCOMPANY RELEASE

                                       11-11
GENERATING FAVORABLE PUBLICITY

1.   STAGE AN EVENT TO DEMONSTRATE A NEW
     PRODUCT

2.   DEVELOP PRESS (OR MEDIA) KITS THAT
     CONTAIN INFORMATION TO SUPPORT YOUR
     EVENT OR INTRODUCE NEW INFORMATION.
     KIT CAN INCLUDE SAMPLES, BROCHURES, AND
     KEY INFORMATION

3.   SPEAKER’S BUREAUS FOR COMPANY
     PERSONNEL TO SPEAK AT CIVIC AND INDUSTRY
     EVENTS

4.   USE ARTICLE REPRINTS AS THIRD PARTY
     TESTIMONIALS
                                               11-12
WHAT TRADE SHOWS MEAN TO
       BUSINESS TO BUSINESS

1.   BUYERS DEPEND ON TRADE SHOWS FOR
     INFORMATION AND DEMONSTRATION
2.   TRADE SHOWS PROVIDE OPPORTUNITIES FOR
     DIALOGUE
3.   TRADE SHOWS REACH NEW PROSPECTS
4.   TRADE SHOWS STRENGTHEN CUSTOMER
     RELATIONSHIPS
5.   TRADE PRESS RELATIONSHIPS CAN BE
     DEVELOPED

                                             11-13
TRADE SHOW SELECTION QUESTIONS

•   Will the quality of the show audience be significant?
    • Net Buying Influence is percentage of show audience
        that influences buying decisions
    • Total Buying Plans is percentage of show audience
        planning purchases within next twelve months
•   Will there be significant press coverage generated?
•   Will there be a large number of competitors at the show?
    • More is better.
•   What is the type of show that best suits my needs?
    • Trade Association Conventions
    • For-Profit Shows Produced by Exhibition Companies
    • Regional vs. National vs. Global Shows
    • Horizontal vs. Vertical Shows
                                                               11-14
GETTING THE MOST
          FROM A TRADE SHOW
•   SELECT BEST TYPE OF SHOW TO FIT YOUR
    BUDGET AND OBJECTIVES
•   DEVELOP A PRESHOW PROMOTION CAMPAIGN—
    Direct mail, advertising, special invitations
•   PLAN FOR SHOW MANAGEMENT—The attention
    getter, the message, the close
•   COMPLETE POSTSHOW FOLLOW-UP—Lead follow-
    up, communication
•   MEASURE EXHIBIT PERFORMANCE—Compare
    objectives to results, visitors and sales

                                                    11-15
SHOW MARKETING-STRATEGY ACTIONS

1.   PRESHOW PROMOTION MUST BE DONE -
     direct mail, advertising, salespeople mentions,
     telemarketing, e-mail
2.   THE SHOW EXPERIENCE MUST BE
     MEMORABLE – The attention getter gets
     people into your space, have a productive
     message, ask for action
3.   POSTSHOW FOLLOW-UP – necessary for
     success and where actual sales may take place

                                                       11-16
BUSINESS TO BUSINESS
ADVERTISING PROMOTION ACTIVITIES
•   OFFER TRADE ALLOWANCES


•   PRODUCE COOPERATIVE ADVERTISING WITH
    PARTNERS


•   DEVELOP TRADE CONTESTS


•   PROVIDE INCENTIVES/BONUSES


•   PROVIDE POINT OF PURCHASE DISPLAYS


•   PROVIDE TRAINING                       11-17

Chap011 imc

  • 1.
    McGraw-Hill/Irwin Copyright © 2009 by the McGraw-Hill Companies, Inc. All rights reserved.
  • 2.
    Chapter 11 Communicating Via Advertising, Trade Shows, and PR
  • 3.
    REASONS TO ADVERTISE • ADVERTISING CREATES AWARENESS - Communicates to any group, including customers • ADVERTISING STRENGTHENS ATTITUDES - With customers, in financial markets, with potential suppliers, with government officials • ADVERTISING LEADS TO ACTION – Leads prospects through decision process • ADVERTISING INFLUENCES FINANCIAL PERFORMANCE – Has a positive effect on business performance 11-3
  • 4.
    THE TWO MAJORELEMENTS OF ADVERTISING STRATEGY The Creative Plan The Media Plan The Content of the The Channel of Message Communication OR OR What We Want How We Will To Say Deliver What We Say 11-4
  • 5.
    ADVERTISING STRATEGY DEVELOPMENT • DETERMINE ADVERTISING OBJECTIVES • DETERMINE THE CREATIVE PLAN • SELECT MEDIA • MEASURE ADVERTISING PERFORMANCE 11-5
  • 6.
    THE FOUR KEY ADVERTISINGOBJECTIVES Positioning Action Objective Objective Performance Audience Objectives Objectives 11-6
  • 7.
    DEVELOP POSITIONING OBJECTIVES FOR A WINNING CAMPAIGN • POSITIONING OBJECTIVES • Develop the brand personality • Create climate for personal sales calls • Support other communication channels • Stimulate derived demand • Exhibit 11-1 Project financially healthy image 11-7
  • 8.
    DEVELOP ACTION OBJECTIVES FOR A WINNING CAMPAIGN • ACTION OBJECTIVES • Generate leads for field or telemarketing salespeople • Increase attendance at a trade show • Increase distribution of catalogs • Secure investment in company through sale of equities • Generate sales Exhibit 11-1 11-8
  • 9.
    MEASURING ADVERTISING PERFORMANCE THE MEASURE: DETERMINED BY: RECALL SURVEYS/FOCUS GROUPS INQUIRES CARD/COUPON RESPONSE, 800- NUMBER RESPONSE POSITION PRE-AND POST-ADVERTISING ATTITUDE SURVEYS REACH ESTIMATE YOUR READERS BASED ON TOTAL CIRCULATION/ READERSHIP AUDITS CPM (cost per 1000) DIVIDE COST OF AD BY READERSHIP EXPRESSED IN 1000s Exhibit 11-4 11-9
  • 10.
    WRITING NEWS RELEASES:A CHECKLIST • IDENTIFY YOURSELF AND PROVIDE CONTACT INFORMATION • PROVIDE A RELEASE DATE FOR THE NEWSPIECE • USE WIDE MARGINS AND SPACINGS • KEEP IT SHORT, ONE PAGE IS PREFERRED • PROOF THE COPY • DON’T FOLLOW-UP ABOUT RECEIVING THE RELEASE Exhibit 11-5 • DON’T ASK FOR TEARSHEETS 11-10
  • 11.
    TIPS FOR DELIVERING A WINNING NEWS RELEASE 1. MAKE SURE YOUR SUBJECT IS NEWSWORTHY 2. INCLUDE SAMPLES WHEN / WHERE / IF POSSIBLE 3. PRODUCE 3-MINUTE DEMO DVD TO ACCOMPANY RELEASE 11-11
  • 12.
    GENERATING FAVORABLE PUBLICITY 1. STAGE AN EVENT TO DEMONSTRATE A NEW PRODUCT 2. DEVELOP PRESS (OR MEDIA) KITS THAT CONTAIN INFORMATION TO SUPPORT YOUR EVENT OR INTRODUCE NEW INFORMATION. KIT CAN INCLUDE SAMPLES, BROCHURES, AND KEY INFORMATION 3. SPEAKER’S BUREAUS FOR COMPANY PERSONNEL TO SPEAK AT CIVIC AND INDUSTRY EVENTS 4. USE ARTICLE REPRINTS AS THIRD PARTY TESTIMONIALS 11-12
  • 13.
    WHAT TRADE SHOWSMEAN TO BUSINESS TO BUSINESS 1. BUYERS DEPEND ON TRADE SHOWS FOR INFORMATION AND DEMONSTRATION 2. TRADE SHOWS PROVIDE OPPORTUNITIES FOR DIALOGUE 3. TRADE SHOWS REACH NEW PROSPECTS 4. TRADE SHOWS STRENGTHEN CUSTOMER RELATIONSHIPS 5. TRADE PRESS RELATIONSHIPS CAN BE DEVELOPED 11-13
  • 14.
    TRADE SHOW SELECTIONQUESTIONS • Will the quality of the show audience be significant? • Net Buying Influence is percentage of show audience that influences buying decisions • Total Buying Plans is percentage of show audience planning purchases within next twelve months • Will there be significant press coverage generated? • Will there be a large number of competitors at the show? • More is better. • What is the type of show that best suits my needs? • Trade Association Conventions • For-Profit Shows Produced by Exhibition Companies • Regional vs. National vs. Global Shows • Horizontal vs. Vertical Shows 11-14
  • 15.
    GETTING THE MOST FROM A TRADE SHOW • SELECT BEST TYPE OF SHOW TO FIT YOUR BUDGET AND OBJECTIVES • DEVELOP A PRESHOW PROMOTION CAMPAIGN— Direct mail, advertising, special invitations • PLAN FOR SHOW MANAGEMENT—The attention getter, the message, the close • COMPLETE POSTSHOW FOLLOW-UP—Lead follow- up, communication • MEASURE EXHIBIT PERFORMANCE—Compare objectives to results, visitors and sales 11-15
  • 16.
    SHOW MARKETING-STRATEGY ACTIONS 1. PRESHOW PROMOTION MUST BE DONE - direct mail, advertising, salespeople mentions, telemarketing, e-mail 2. THE SHOW EXPERIENCE MUST BE MEMORABLE – The attention getter gets people into your space, have a productive message, ask for action 3. POSTSHOW FOLLOW-UP – necessary for success and where actual sales may take place 11-16
  • 17.
    BUSINESS TO BUSINESS ADVERTISINGPROMOTION ACTIVITIES • OFFER TRADE ALLOWANCES • PRODUCE COOPERATIVE ADVERTISING WITH PARTNERS • DEVELOP TRADE CONTESTS • PROVIDE INCENTIVES/BONUSES • PROVIDE POINT OF PURCHASE DISPLAYS • PROVIDE TRAINING 11-17