SlideShare a Scribd company logo
CREATIVE
STRATEGY &
ADVERTISIN
G BUDGET
PREPARED & PRESENTED BY:
MS. HIMANI R.
Layout
 Creative approaches;
 The art of copywriting;
 Advertising copy testing;
 Creativity in communication,
 Motivational approaches & appeals,
 Advertising budget process;
 Methods of determining Advertising appropriations.
2
Presented by: Ms. Himani
Creative Approaches
 Advertising can create a desire for products and
services through the appeals they use to persuade
prospective buyer to buy goods and services.
 Advertising appeal is therefore the basis or
approach used in an ad message to attract the
attention or interest of consumers and/or influence
their feelings toward the product or service or
cause.
3
Presented by: Ms. Himani
Types of Advertising appeals
 Emotional appeal
 Humor appeal
 Sex appeal
 Music appeal
 Scarcity appeal
 Rational appeal
 Masculine/Feminine
appeal
 Brand appeal
 Adventure appeal
 Romance appeal
 Youth appeal
 Endorsement appeal
 Word appeal
4
Presented by: Ms. Himani
5
Presented by: Ms. Himani
The art of copywriting
 Advertising copy is central to the marketing campaigns of an
organization.
 The aim of the copy is to ensure that the actual information presented
to the customers influence them to buy your products rather than a
competitor’s.
 Advertising copy is the dialogs of the TV advertisement, radio
advertisements or the print advertisement.
 In radio advertisements, the role of advertisement copy is all the more
important as there are only a few other things which can be used to
attract listeners attention.
 Also, in print form of advertisements, the positioning and the
appearance of the text needs to be thoroughly reviewed apart from the
meaning it is conveying.
6
Presented by: Ms. Himani
Continued
 The main objective for inking an advertising copy is to
make the customer buy your company’s product.
 Drafting an advertisement copy requires skill & effort.
 It requires a thorough analysis of the target audience.
 It is a crucial aspect of advertisement as for
advertisements it is the one thing which is going to convey
advertisers message.
 There are many theories which makes advertisement
copies effective and appealing to the customers.
7
Presented by: Ms. Himani
Advertising Copy Testing
 It is a specialized field of market research that
determines advertisement’s effectiveness based on
customer response, feedback and behavior.
 Useful for selecting one out of many ads executions
or to improve compression or tone of the ads.
 It is both qualitative and quantitative market research
technique.
8
Presented by: Ms. Himani
What to test?
 Source factors: effectiveness of Spokesperson used
 e.g.- Tiger Woods for Nike-successful
 Britney Spears for Pepsi-Unsuccessful as she grew old
 Message variables: Meaningful, memorable, attractive
 e.g. - Ad showing celebrities using LUX beauty soap appears vague
 Media strategies: Integrated media mix(contribution of
various media and their synergistic effect)
 Budgeting decisions: Relationship of ad budget & sales
9
Presented by: Ms. Himani
When to test?
 Pretesting:
 Measures taken before the campaign is implemented.
 Occurs at point-idea generation, rough execution, testing the final version
before implementing it. e.g. Concept testing
 Methods used: -Laboratory Methods -Field Methods
 Advantages: Inexpensive feedback, money saving
 Disadvantages: Miscommunication, time delay
 Post testing:
 To determine whether the objective is accomplished or not
 Serve as a input into the next period’s situation analysis
 Methods used: Field Methods
10
Presented by: Ms. Himani
Creativity in communication
 There are 4 questions your copy needs to answer:
 1 What exactly is being offered? You should answer the
question: “What’s in it for me if I give you my information?”
 2 What are the benefits of the offer? You should explain why
your reader just can’t live without it!
 3 Why does the prospect need the offer NOW? Your copy
should make it easy for your prospect to convert.
 4 How does the prospect get the offer? Your copy should
make it easy for the lead to convert.
11
Presented by: Ms. Himani
Advertising budget process
 AFFORDABLE METHOD
 Advertisers base their advertising budget on what they can afford. An amount
after allocating all the relevant company expenditure is given for advertising.
 It is based on the presumption that the firm can only afford that much amount on
advertising.
 This method is not logical since it doesn’t considering the advertising needs of
the firm.
 PERCENTAGE OF SALES METHOD
 A fixed percentage of the sales figure is allocated as advertising budget.
 This sales figure could be last year’s sales figure or the average of the sales
figures of last years.
 It may also use projected sales figure in determining the ad budget.
12
Presented by: Ms. Himani
Continued
 COMPETITIVE PARITY METHOD
 The advertising expenditures of competitors are taken as the
guidelines for setting advertising budget.
 It is based on the belief that the firm will maintain his market share as
it spend same amount on advertising as his competitors
 This method is used as a defensive device by the advertiser
 OBJECTIVE AND TASK METHOD
 Most logical way of setting advertising budget.
 It focus on the advertising task that is to be achieved.
 Advertising objectives are fixed after intensive market research.
13
Presented by: Ms. Himani
Methods of determining
Advertising appropriations
 The advertiser while selecting the media should consider
the following factors:
 Class of the audience
 Extent of coverage
 Nature of the product
 Nature of the competition
 Reputation of the medium
 Cost of the media
 Time and location of buying decisions
14
Presented by: Ms. Himani
15
Presented by: Ms. Himani

More Related Content

What's hot

Ad agencies - Method of compensation
Ad agencies   - Method of compensationAd agencies   - Method of compensation
Ad agencies - Method of compensationJobush Mathew
 
Objectives and Nature of Sales Management
Objectives and Nature of Sales ManagementObjectives and Nature of Sales Management
Objectives and Nature of Sales Management
Amitabh Mishra
 
Chapter 2 personal selling
Chapter 2 personal sellingChapter 2 personal selling
Chapter 2 personal selling
Nishant Agrawal
 
Advertising Management
Advertising ManagementAdvertising Management
Advertising Managementguest3f3df2
 
Integrated Marketing Communication Strategy
Integrated Marketing Communication StrategyIntegrated Marketing Communication Strategy
Integrated Marketing Communication Strategy
Hisham Salah, MBA, PMD
 
Process of personal selling
Process of personal sellingProcess of personal selling
Creative strategy: planning and development
Creative strategy: planning and developmentCreative strategy: planning and development
Creative strategy: planning and development
Rahul Barwe
 
Creativity in advertising
Creativity in advertising Creativity in advertising
Creativity in advertising Ali Heydari
 
Direct Marketing & Personal Selling
Direct Marketing & Personal SellingDirect Marketing & Personal Selling
Direct Marketing & Personal Selling
Anubha Rastogi
 
sales quotas
 sales quotas sales quotas
sales quotas
Kirti Gupta
 
Marketing communication
Marketing communicationMarketing communication
Marketing communicationJasbir Singh
 
Controlling the sales force
Controlling the sales forceControlling the sales force
Controlling the sales forceGurjit
 
Introduction to advertising
Introduction to advertisingIntroduction to advertising
Introduction to advertising19800
 
Chap08 Creative Strategy Planning And Development
Chap08 Creative Strategy Planning And DevelopmentChap08 Creative Strategy Planning And Development
Chap08 Creative Strategy Planning And DevelopmentPhoenix media & event
 
personal selling
personal sellingpersonal selling
personal selling
stmt trisakti
 
Integrated Marketing Communications
Integrated Marketing CommunicationsIntegrated Marketing Communications
Integrated Marketing CommunicationsDavidt123
 
Basics of Sales
Basics of SalesBasics of Sales
Basics of Sales
Andre Delicata
 
Selling process
Selling processSelling process
Selling process
abhi23agrawal
 
Design and size of sales territories
Design and size of sales territoriesDesign and size of sales territories
Design and size of sales territories
Shimranz Skillls
 

What's hot (20)

Ad agencies - Method of compensation
Ad agencies   - Method of compensationAd agencies   - Method of compensation
Ad agencies - Method of compensation
 
Objectives and Nature of Sales Management
Objectives and Nature of Sales ManagementObjectives and Nature of Sales Management
Objectives and Nature of Sales Management
 
Chapter 2 personal selling
Chapter 2 personal sellingChapter 2 personal selling
Chapter 2 personal selling
 
Advertising Management
Advertising ManagementAdvertising Management
Advertising Management
 
Integrated Marketing Communication Strategy
Integrated Marketing Communication StrategyIntegrated Marketing Communication Strategy
Integrated Marketing Communication Strategy
 
Process of personal selling
Process of personal sellingProcess of personal selling
Process of personal selling
 
Creative strategy: planning and development
Creative strategy: planning and developmentCreative strategy: planning and development
Creative strategy: planning and development
 
Creativity in advertising
Creativity in advertising Creativity in advertising
Creativity in advertising
 
Direct Marketing & Personal Selling
Direct Marketing & Personal SellingDirect Marketing & Personal Selling
Direct Marketing & Personal Selling
 
sales quotas
 sales quotas sales quotas
sales quotas
 
Marketing communication
Marketing communicationMarketing communication
Marketing communication
 
Controlling the sales force
Controlling the sales forceControlling the sales force
Controlling the sales force
 
Introduction to advertising
Introduction to advertisingIntroduction to advertising
Introduction to advertising
 
Chap08 Creative Strategy Planning And Development
Chap08 Creative Strategy Planning And DevelopmentChap08 Creative Strategy Planning And Development
Chap08 Creative Strategy Planning And Development
 
personal selling
personal sellingpersonal selling
personal selling
 
Integrated Marketing Communications
Integrated Marketing CommunicationsIntegrated Marketing Communications
Integrated Marketing Communications
 
Basics of Sales
Basics of SalesBasics of Sales
Basics of Sales
 
Selling process
Selling processSelling process
Selling process
 
Design and size of sales territories
Design and size of sales territoriesDesign and size of sales territories
Design and size of sales territories
 
31373639 sales-territory-design
31373639 sales-territory-design31373639 sales-territory-design
31373639 sales-territory-design
 

Viewers also liked

Copy platform
Copy platformCopy platform
Copy platform
Bee Nisachon
 
iOS Programming - MCV (Delegate/Protocols/Property&Syntax)
iOS Programming - MCV (Delegate/Protocols/Property&Syntax)iOS Programming - MCV (Delegate/Protocols/Property&Syntax)
iOS Programming - MCV (Delegate/Protocols/Property&Syntax)
Oliver Lin
 
The Witch's Halloween
The Witch's HalloweenThe Witch's Halloween
The Witch's Halloween
Fortuna Lu
 
Arquitectura ecléctica
Arquitectura eclécticaArquitectura ecléctica
Arquitectura ecléctica
Vanessa Gómez
 
Barna encendida - Evento de Marketing Digital de SiteGround - José Ramón Padrón
Barna encendida - Evento de Marketing Digital de SiteGround - José Ramón PadrónBarna encendida - Evento de Marketing Digital de SiteGround - José Ramón Padrón
Barna encendida - Evento de Marketing Digital de SiteGround - José Ramón Padrón
SiteGround España
 
交點台北開場簡報 11月份
交點台北開場簡報 11月份交點台北開場簡報 11月份
交點台北開場簡報 11月份交點
 
Laboratorio de concreto nº3 LOS PESOS UNITARIOS DE LOS AGREGADOS Y EL CONTEN...
Laboratorio de concreto nº3  LOS PESOS UNITARIOS DE LOS AGREGADOS Y EL CONTEN...Laboratorio de concreto nº3  LOS PESOS UNITARIOS DE LOS AGREGADOS Y EL CONTEN...
Laboratorio de concreto nº3 LOS PESOS UNITARIOS DE LOS AGREGADOS Y EL CONTEN...
kedy ramirez gil
 
Triptico
TripticoTriptico
Triptico
gpcarla
 
How to be cooler online than you are in real life
How to be cooler online than you are in real lifeHow to be cooler online than you are in real life
How to be cooler online than you are in real lifeNicole Dion
 
Musab Certificate and Details
Musab Certificate and DetailsMusab Certificate and Details
Musab Certificate and DetailsMusaab Osman
 
Sponsordossier Vsp
Sponsordossier VspSponsordossier Vsp
Sponsordossier Vsp
prdsutte
 
87.careers in microbiology
87.careers in microbiology87.careers in microbiology
87.careers in microbiology
entranzz123
 
Dynamic Faces - Analyzing Data with a Face
Dynamic Faces - Analyzing Data with a FaceDynamic Faces - Analyzing Data with a Face
Dynamic Faces - Analyzing Data with a Face
Excel Effects
 
Acto de San Francisco
Acto de San FranciscoActo de San Francisco
Acto de San Francisco
gpcarla
 
9 – 10 листопада 2015 року з метою
9 – 10 листопада 2015 року з  метою9 – 10 листопада 2015 року з  метою
9 – 10 листопада 2015 року з метою
Александр Дрон
 
Social Tools in the Workplace Infographic
Social Tools in the Workplace InfographicSocial Tools in the Workplace Infographic
Social Tools in the Workplace Infographic
Microsoft
 

Viewers also liked (17)

Copy platform
Copy platformCopy platform
Copy platform
 
Budget Slideshow
Budget SlideshowBudget Slideshow
Budget Slideshow
 
iOS Programming - MCV (Delegate/Protocols/Property&Syntax)
iOS Programming - MCV (Delegate/Protocols/Property&Syntax)iOS Programming - MCV (Delegate/Protocols/Property&Syntax)
iOS Programming - MCV (Delegate/Protocols/Property&Syntax)
 
The Witch's Halloween
The Witch's HalloweenThe Witch's Halloween
The Witch's Halloween
 
Arquitectura ecléctica
Arquitectura eclécticaArquitectura ecléctica
Arquitectura ecléctica
 
Barna encendida - Evento de Marketing Digital de SiteGround - José Ramón Padrón
Barna encendida - Evento de Marketing Digital de SiteGround - José Ramón PadrónBarna encendida - Evento de Marketing Digital de SiteGround - José Ramón Padrón
Barna encendida - Evento de Marketing Digital de SiteGround - José Ramón Padrón
 
交點台北開場簡報 11月份
交點台北開場簡報 11月份交點台北開場簡報 11月份
交點台北開場簡報 11月份
 
Laboratorio de concreto nº3 LOS PESOS UNITARIOS DE LOS AGREGADOS Y EL CONTEN...
Laboratorio de concreto nº3  LOS PESOS UNITARIOS DE LOS AGREGADOS Y EL CONTEN...Laboratorio de concreto nº3  LOS PESOS UNITARIOS DE LOS AGREGADOS Y EL CONTEN...
Laboratorio de concreto nº3 LOS PESOS UNITARIOS DE LOS AGREGADOS Y EL CONTEN...
 
Triptico
TripticoTriptico
Triptico
 
How to be cooler online than you are in real life
How to be cooler online than you are in real lifeHow to be cooler online than you are in real life
How to be cooler online than you are in real life
 
Musab Certificate and Details
Musab Certificate and DetailsMusab Certificate and Details
Musab Certificate and Details
 
Sponsordossier Vsp
Sponsordossier VspSponsordossier Vsp
Sponsordossier Vsp
 
87.careers in microbiology
87.careers in microbiology87.careers in microbiology
87.careers in microbiology
 
Dynamic Faces - Analyzing Data with a Face
Dynamic Faces - Analyzing Data with a FaceDynamic Faces - Analyzing Data with a Face
Dynamic Faces - Analyzing Data with a Face
 
Acto de San Francisco
Acto de San FranciscoActo de San Francisco
Acto de San Francisco
 
9 – 10 листопада 2015 року з метою
9 – 10 листопада 2015 року з  метою9 – 10 листопада 2015 року з  метою
9 – 10 листопада 2015 року з метою
 
Social Tools in the Workplace Infographic
Social Tools in the Workplace InfographicSocial Tools in the Workplace Infographic
Social Tools in the Workplace Infographic
 

Similar to Unit 3- creative strategy and ad budget

Advertising
AdvertisingAdvertising
Advertising
mssd
 
Advertizing Planning & Strategy.pptx
Advertizing Planning & Strategy.pptxAdvertizing Planning & Strategy.pptx
Advertizing Planning & Strategy.pptx
ShriniVempali
 
Advertising Planning and Strategy.ppt
Advertising Planning and Strategy.pptAdvertising Planning and Strategy.ppt
Advertising Planning and Strategy.ppt
srinivasarao642717
 
Managing integrated marketing communication
Managing integrated marketing communicationManaging integrated marketing communication
Managing integrated marketing communication
Saad Hossain Tapu
 
Approaches to marketing PPT @ MBA
Approaches to marketing PPT @ MBAApproaches to marketing PPT @ MBA
Approaches to marketing PPT @ MBA
Babasab Patil
 
Approaches to marketing
Approaches to marketingApproaches to marketing
Approaches to marketing
Babasab Patil
 
Approaches to marketing @ mba ppt
Approaches to marketing @ mba pptApproaches to marketing @ mba ppt
Approaches to marketing @ mba ppt
Babasab Patil
 
Notes of Promotion and Distribution Management
Notes of Promotion and Distribution ManagementNotes of Promotion and Distribution Management
Notes of Promotion and Distribution Management
Syed Valiullah Bakhtiyari
 
11 unilever plan for good advertising
11 unilever plan for good advertising11 unilever plan for good advertising
11 unilever plan for good advertisingRbk Asr
 
Notes on Promotion and Distribution Management
Notes on Promotion and Distribution ManagementNotes on Promotion and Distribution Management
Notes on Promotion and Distribution Management
Syed Valiullah Bakhtiyari
 
Marketing Communication mix
Marketing Communication mixMarketing Communication mix
Marketing Communication mix
Dinusha Sachith
 
2014 marketing_your_food_product.ppt
2014 marketing_your_food_product.ppt2014 marketing_your_food_product.ppt
2014 marketing_your_food_product.ppt
HassanAdil15
 
Marketing Management
Marketing ManagementMarketing Management
Marketing Management
Yashika Parekh
 
Advertisement mgmt
Advertisement mgmtAdvertisement mgmt
Advertisement mgmtrahila13
 
Retail communication mix
Retail communication mixRetail communication mix
Retail communication mixSagar Gadekar
 
18 Measuring Promotional Performance.pptx
18  Measuring Promotional Performance.pptx18  Measuring Promotional Performance.pptx
18 Measuring Promotional Performance.pptx
ssuser939544
 
Designing a Marketing Plan for Small Businesses
Designing a Marketing Plan for Small Businesses Designing a Marketing Plan for Small Businesses
Designing a Marketing Plan for Small Businesses
Asian Women In Business
 
Advertising NOTES MBA
Advertising NOTES MBAAdvertising NOTES MBA
Advertising NOTES MBA
karishma
 

Similar to Unit 3- creative strategy and ad budget (20)

Advertising
AdvertisingAdvertising
Advertising
 
Chap14 econ 161
Chap14 econ 161Chap14 econ 161
Chap14 econ 161
 
Advertizing Planning & Strategy.pptx
Advertizing Planning & Strategy.pptxAdvertizing Planning & Strategy.pptx
Advertizing Planning & Strategy.pptx
 
Advertising Planning and Strategy.ppt
Advertising Planning and Strategy.pptAdvertising Planning and Strategy.ppt
Advertising Planning and Strategy.ppt
 
Managing integrated marketing communication
Managing integrated marketing communicationManaging integrated marketing communication
Managing integrated marketing communication
 
Approaches to marketing PPT @ MBA
Approaches to marketing PPT @ MBAApproaches to marketing PPT @ MBA
Approaches to marketing PPT @ MBA
 
Approaches to marketing
Approaches to marketingApproaches to marketing
Approaches to marketing
 
Approaches to marketing @ mba ppt
Approaches to marketing @ mba pptApproaches to marketing @ mba ppt
Approaches to marketing @ mba ppt
 
Notes of Promotion and Distribution Management
Notes of Promotion and Distribution ManagementNotes of Promotion and Distribution Management
Notes of Promotion and Distribution Management
 
11 unilever plan for good advertising
11 unilever plan for good advertising11 unilever plan for good advertising
11 unilever plan for good advertising
 
Notes on Promotion and Distribution Management
Notes on Promotion and Distribution ManagementNotes on Promotion and Distribution Management
Notes on Promotion and Distribution Management
 
Imc
ImcImc
Imc
 
Marketing Communication mix
Marketing Communication mixMarketing Communication mix
Marketing Communication mix
 
2014 marketing_your_food_product.ppt
2014 marketing_your_food_product.ppt2014 marketing_your_food_product.ppt
2014 marketing_your_food_product.ppt
 
Marketing Management
Marketing ManagementMarketing Management
Marketing Management
 
Advertisement mgmt
Advertisement mgmtAdvertisement mgmt
Advertisement mgmt
 
Retail communication mix
Retail communication mixRetail communication mix
Retail communication mix
 
18 Measuring Promotional Performance.pptx
18  Measuring Promotional Performance.pptx18  Measuring Promotional Performance.pptx
18 Measuring Promotional Performance.pptx
 
Designing a Marketing Plan for Small Businesses
Designing a Marketing Plan for Small Businesses Designing a Marketing Plan for Small Businesses
Designing a Marketing Plan for Small Businesses
 
Advertising NOTES MBA
Advertising NOTES MBAAdvertising NOTES MBA
Advertising NOTES MBA
 

More from ravalhimani

Retail marketing 2
Retail marketing 2Retail marketing 2
Retail marketing 2
ravalhimani
 
Retail marketing
Retail marketingRetail marketing
Retail marketing
ravalhimani
 
Principles of Management 2
Principles of Management 2Principles of Management 2
Principles of Management 2
ravalhimani
 
Principles of Management
Principles of ManagementPrinciples of Management
Principles of Management
ravalhimani
 
Customer relationship management 2
Customer relationship management 2Customer relationship management 2
Customer relationship management 2
ravalhimani
 
Customer Relationship Management
Customer Relationship ManagementCustomer Relationship Management
Customer Relationship Management
ravalhimani
 
Basic Quality Management
Basic Quality ManagementBasic Quality Management
Basic Quality Management
ravalhimani
 
Bba cbcs syallabus _2019-2020_
Bba  cbcs  syallabus _2019-2020_Bba  cbcs  syallabus _2019-2020_
Bba cbcs syallabus _2019-2020_
ravalhimani
 
Retail Management
Retail ManagementRetail Management
Retail Management
ravalhimani
 
Principles of Management
Principles of ManagementPrinciples of Management
Principles of Management
ravalhimani
 
Customer Relationship Management
Customer Relationship ManagementCustomer Relationship Management
Customer Relationship Management
ravalhimani
 
Basic Quality Management
Basic Quality ManagementBasic Quality Management
Basic Quality Management
ravalhimani
 
Unit 3a
Unit 3aUnit 3a
Unit 3a
ravalhimani
 
Chapter 3
Chapter 3Chapter 3
Chapter 3
ravalhimani
 
Chapter 2
Chapter 2Chapter 2
Chapter 2
ravalhimani
 
Chapter 1
Chapter 1Chapter 1
Chapter 1
ravalhimani
 
Chapter 4
Chapter 4Chapter 4
Chapter 4
ravalhimani
 
Unit 3 Chapter 3 Strategic alternatives
Unit 3 Chapter 3 Strategic alternativesUnit 3 Chapter 3 Strategic alternatives
Unit 3 Chapter 3 Strategic alternatives
ravalhimani
 
Sm module (3) Strategic Management
Sm module (3) Strategic ManagementSm module (3) Strategic Management
Sm module (3) Strategic Management
ravalhimani
 
Module 3 Marketing for Customer Value
Module 3 Marketing for Customer ValueModule 3 Marketing for Customer Value
Module 3 Marketing for Customer Value
ravalhimani
 

More from ravalhimani (20)

Retail marketing 2
Retail marketing 2Retail marketing 2
Retail marketing 2
 
Retail marketing
Retail marketingRetail marketing
Retail marketing
 
Principles of Management 2
Principles of Management 2Principles of Management 2
Principles of Management 2
 
Principles of Management
Principles of ManagementPrinciples of Management
Principles of Management
 
Customer relationship management 2
Customer relationship management 2Customer relationship management 2
Customer relationship management 2
 
Customer Relationship Management
Customer Relationship ManagementCustomer Relationship Management
Customer Relationship Management
 
Basic Quality Management
Basic Quality ManagementBasic Quality Management
Basic Quality Management
 
Bba cbcs syallabus _2019-2020_
Bba  cbcs  syallabus _2019-2020_Bba  cbcs  syallabus _2019-2020_
Bba cbcs syallabus _2019-2020_
 
Retail Management
Retail ManagementRetail Management
Retail Management
 
Principles of Management
Principles of ManagementPrinciples of Management
Principles of Management
 
Customer Relationship Management
Customer Relationship ManagementCustomer Relationship Management
Customer Relationship Management
 
Basic Quality Management
Basic Quality ManagementBasic Quality Management
Basic Quality Management
 
Unit 3a
Unit 3aUnit 3a
Unit 3a
 
Chapter 3
Chapter 3Chapter 3
Chapter 3
 
Chapter 2
Chapter 2Chapter 2
Chapter 2
 
Chapter 1
Chapter 1Chapter 1
Chapter 1
 
Chapter 4
Chapter 4Chapter 4
Chapter 4
 
Unit 3 Chapter 3 Strategic alternatives
Unit 3 Chapter 3 Strategic alternativesUnit 3 Chapter 3 Strategic alternatives
Unit 3 Chapter 3 Strategic alternatives
 
Sm module (3) Strategic Management
Sm module (3) Strategic ManagementSm module (3) Strategic Management
Sm module (3) Strategic Management
 
Module 3 Marketing for Customer Value
Module 3 Marketing for Customer ValueModule 3 Marketing for Customer Value
Module 3 Marketing for Customer Value
 

Recently uploaded

15 ideas and frameworks on the art of storytelling
15 ideas and frameworks on the art of storytelling15 ideas and frameworks on the art of storytelling
15 ideas and frameworks on the art of storytelling
Aatir Abdul Rauf
 
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdfOffissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
offisadizayn
 
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User JourneysMastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
Search Engine Journal
 
How to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
How to use Short Form Video To Grow Your Brand and Business - Keenya KellyHow to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
How to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Adapt or Die - Jon Lakefish, Lakefish Group LLC
Adapt or Die - Jon Lakefish, Lakefish Group LLCAdapt or Die - Jon Lakefish, Lakefish Group LLC
Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...
Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...
Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Digital Money Maker Club – von Gunnar Kessler digital.
Digital Money Maker Club – von Gunnar Kessler digital.Digital Money Maker Club – von Gunnar Kessler digital.
Digital Money Maker Club – von Gunnar Kessler digital.
focsh890
 
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
DeepakTripathi733493
 
SMM Cheap - No. 1 SMM panel in the world
SMM Cheap - No. 1 SMM panel in the worldSMM Cheap - No. 1 SMM panel in the world
SMM Cheap - No. 1 SMM panel in the world
smmpanel567
 
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
Valters Lauzums
 
Core Web Vitals SEO Workshop - improve your performance [pdf]
Core Web Vitals SEO Workshop - improve your performance [pdf]Core Web Vitals SEO Workshop - improve your performance [pdf]
Core Web Vitals SEO Workshop - improve your performance [pdf]
Peter Mead
 
How to Run Landing Page Tests On and Off Paid Social Platforms
How to Run Landing Page Tests On and Off Paid Social PlatformsHow to Run Landing Page Tests On and Off Paid Social Platforms
How to Run Landing Page Tests On and Off Paid Social Platforms
VWO
 
5 Big Bets for 2024 - Jamie A. Lee, Stripes Co
5 Big Bets for 2024 - Jamie A. Lee, Stripes Co5 Big Bets for 2024 - Jamie A. Lee, Stripes Co
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
SEO Master Class - Steve Wiideman,  Wiideman Consulting GroupSEO Master Class - Steve Wiideman,  Wiideman Consulting Group
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Top 3 Ways to Align Sales and Marketing Teams for Rapid Growth
Top 3 Ways to Align Sales and Marketing Teams for Rapid GrowthTop 3 Ways to Align Sales and Marketing Teams for Rapid Growth
Top 3 Ways to Align Sales and Marketing Teams for Rapid Growth
Demandbase
 
ThinkNow 2024 Consumer Financial Wellness Report
ThinkNow 2024 Consumer Financial Wellness ReportThinkNow 2024 Consumer Financial Wellness Report
ThinkNow 2024 Consumer Financial Wellness Report
ThinkNow
 
My Personal Brand Exploration by Mariano
My Personal Brand Exploration by MarianoMy Personal Brand Exploration by Mariano
My Personal Brand Exploration by Mariano
marianooscos
 
Digital Marketing Trends - Experts Insights on How
Digital Marketing Trends - Experts Insights on HowDigital Marketing Trends - Experts Insights on How
The Old Oak - Press Kit - Cannes Film Festival 2023
The Old Oak - Press Kit - Cannes Film Festival 2023The Old Oak - Press Kit - Cannes Film Festival 2023
The Old Oak - Press Kit - Cannes Film Festival 2023
Pascal Fintoni
 
Winning local SEO in the Age of AI - Dennis Yu
Winning local SEO in the Age of AI - Dennis YuWinning local SEO in the Age of AI - Dennis Yu

Recently uploaded (20)

15 ideas and frameworks on the art of storytelling
15 ideas and frameworks on the art of storytelling15 ideas and frameworks on the art of storytelling
15 ideas and frameworks on the art of storytelling
 
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdfOffissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
Offissa Dizayn - Otel, Kafe, Restoran Kataloqu_240603_011042.pdf
 
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User JourneysMastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User Journeys
 
How to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
How to use Short Form Video To Grow Your Brand and Business - Keenya KellyHow to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
How to use Short Form Video To Grow Your Brand and Business - Keenya Kelly
 
Adapt or Die - Jon Lakefish, Lakefish Group LLC
Adapt or Die - Jon Lakefish, Lakefish Group LLCAdapt or Die - Jon Lakefish, Lakefish Group LLC
Adapt or Die - Jon Lakefish, Lakefish Group LLC
 
Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...
Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...
Your Path to Profits - The Game-Changing Power of a Marketing OS for Your Bus...
 
Digital Money Maker Club – von Gunnar Kessler digital.
Digital Money Maker Club – von Gunnar Kessler digital.Digital Money Maker Club – von Gunnar Kessler digital.
Digital Money Maker Club – von Gunnar Kessler digital.
 
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
 
SMM Cheap - No. 1 SMM panel in the world
SMM Cheap - No. 1 SMM panel in the worldSMM Cheap - No. 1 SMM panel in the world
SMM Cheap - No. 1 SMM panel in the world
 
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
 
Core Web Vitals SEO Workshop - improve your performance [pdf]
Core Web Vitals SEO Workshop - improve your performance [pdf]Core Web Vitals SEO Workshop - improve your performance [pdf]
Core Web Vitals SEO Workshop - improve your performance [pdf]
 
How to Run Landing Page Tests On and Off Paid Social Platforms
How to Run Landing Page Tests On and Off Paid Social PlatformsHow to Run Landing Page Tests On and Off Paid Social Platforms
How to Run Landing Page Tests On and Off Paid Social Platforms
 
5 Big Bets for 2024 - Jamie A. Lee, Stripes Co
5 Big Bets for 2024 - Jamie A. Lee, Stripes Co5 Big Bets for 2024 - Jamie A. Lee, Stripes Co
5 Big Bets for 2024 - Jamie A. Lee, Stripes Co
 
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
SEO Master Class - Steve Wiideman,  Wiideman Consulting GroupSEO Master Class - Steve Wiideman,  Wiideman Consulting Group
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
 
Top 3 Ways to Align Sales and Marketing Teams for Rapid Growth
Top 3 Ways to Align Sales and Marketing Teams for Rapid GrowthTop 3 Ways to Align Sales and Marketing Teams for Rapid Growth
Top 3 Ways to Align Sales and Marketing Teams for Rapid Growth
 
ThinkNow 2024 Consumer Financial Wellness Report
ThinkNow 2024 Consumer Financial Wellness ReportThinkNow 2024 Consumer Financial Wellness Report
ThinkNow 2024 Consumer Financial Wellness Report
 
My Personal Brand Exploration by Mariano
My Personal Brand Exploration by MarianoMy Personal Brand Exploration by Mariano
My Personal Brand Exploration by Mariano
 
Digital Marketing Trends - Experts Insights on How
Digital Marketing Trends - Experts Insights on HowDigital Marketing Trends - Experts Insights on How
Digital Marketing Trends - Experts Insights on How
 
The Old Oak - Press Kit - Cannes Film Festival 2023
The Old Oak - Press Kit - Cannes Film Festival 2023The Old Oak - Press Kit - Cannes Film Festival 2023
The Old Oak - Press Kit - Cannes Film Festival 2023
 
Winning local SEO in the Age of AI - Dennis Yu
Winning local SEO in the Age of AI - Dennis YuWinning local SEO in the Age of AI - Dennis Yu
Winning local SEO in the Age of AI - Dennis Yu
 

Unit 3- creative strategy and ad budget

  • 1. CREATIVE STRATEGY & ADVERTISIN G BUDGET PREPARED & PRESENTED BY: MS. HIMANI R.
  • 2. Layout  Creative approaches;  The art of copywriting;  Advertising copy testing;  Creativity in communication,  Motivational approaches & appeals,  Advertising budget process;  Methods of determining Advertising appropriations. 2 Presented by: Ms. Himani
  • 3. Creative Approaches  Advertising can create a desire for products and services through the appeals they use to persuade prospective buyer to buy goods and services.  Advertising appeal is therefore the basis or approach used in an ad message to attract the attention or interest of consumers and/or influence their feelings toward the product or service or cause. 3 Presented by: Ms. Himani
  • 4. Types of Advertising appeals  Emotional appeal  Humor appeal  Sex appeal  Music appeal  Scarcity appeal  Rational appeal  Masculine/Feminine appeal  Brand appeal  Adventure appeal  Romance appeal  Youth appeal  Endorsement appeal  Word appeal 4 Presented by: Ms. Himani
  • 6. The art of copywriting  Advertising copy is central to the marketing campaigns of an organization.  The aim of the copy is to ensure that the actual information presented to the customers influence them to buy your products rather than a competitor’s.  Advertising copy is the dialogs of the TV advertisement, radio advertisements or the print advertisement.  In radio advertisements, the role of advertisement copy is all the more important as there are only a few other things which can be used to attract listeners attention.  Also, in print form of advertisements, the positioning and the appearance of the text needs to be thoroughly reviewed apart from the meaning it is conveying. 6 Presented by: Ms. Himani
  • 7. Continued  The main objective for inking an advertising copy is to make the customer buy your company’s product.  Drafting an advertisement copy requires skill & effort.  It requires a thorough analysis of the target audience.  It is a crucial aspect of advertisement as for advertisements it is the one thing which is going to convey advertisers message.  There are many theories which makes advertisement copies effective and appealing to the customers. 7 Presented by: Ms. Himani
  • 8. Advertising Copy Testing  It is a specialized field of market research that determines advertisement’s effectiveness based on customer response, feedback and behavior.  Useful for selecting one out of many ads executions or to improve compression or tone of the ads.  It is both qualitative and quantitative market research technique. 8 Presented by: Ms. Himani
  • 9. What to test?  Source factors: effectiveness of Spokesperson used  e.g.- Tiger Woods for Nike-successful  Britney Spears for Pepsi-Unsuccessful as she grew old  Message variables: Meaningful, memorable, attractive  e.g. - Ad showing celebrities using LUX beauty soap appears vague  Media strategies: Integrated media mix(contribution of various media and their synergistic effect)  Budgeting decisions: Relationship of ad budget & sales 9 Presented by: Ms. Himani
  • 10. When to test?  Pretesting:  Measures taken before the campaign is implemented.  Occurs at point-idea generation, rough execution, testing the final version before implementing it. e.g. Concept testing  Methods used: -Laboratory Methods -Field Methods  Advantages: Inexpensive feedback, money saving  Disadvantages: Miscommunication, time delay  Post testing:  To determine whether the objective is accomplished or not  Serve as a input into the next period’s situation analysis  Methods used: Field Methods 10 Presented by: Ms. Himani
  • 11. Creativity in communication  There are 4 questions your copy needs to answer:  1 What exactly is being offered? You should answer the question: “What’s in it for me if I give you my information?”  2 What are the benefits of the offer? You should explain why your reader just can’t live without it!  3 Why does the prospect need the offer NOW? Your copy should make it easy for your prospect to convert.  4 How does the prospect get the offer? Your copy should make it easy for the lead to convert. 11 Presented by: Ms. Himani
  • 12. Advertising budget process  AFFORDABLE METHOD  Advertisers base their advertising budget on what they can afford. An amount after allocating all the relevant company expenditure is given for advertising.  It is based on the presumption that the firm can only afford that much amount on advertising.  This method is not logical since it doesn’t considering the advertising needs of the firm.  PERCENTAGE OF SALES METHOD  A fixed percentage of the sales figure is allocated as advertising budget.  This sales figure could be last year’s sales figure or the average of the sales figures of last years.  It may also use projected sales figure in determining the ad budget. 12 Presented by: Ms. Himani
  • 13. Continued  COMPETITIVE PARITY METHOD  The advertising expenditures of competitors are taken as the guidelines for setting advertising budget.  It is based on the belief that the firm will maintain his market share as it spend same amount on advertising as his competitors  This method is used as a defensive device by the advertiser  OBJECTIVE AND TASK METHOD  Most logical way of setting advertising budget.  It focus on the advertising task that is to be achieved.  Advertising objectives are fixed after intensive market research. 13 Presented by: Ms. Himani
  • 14. Methods of determining Advertising appropriations  The advertiser while selecting the media should consider the following factors:  Class of the audience  Extent of coverage  Nature of the product  Nature of the competition  Reputation of the medium  Cost of the media  Time and location of buying decisions 14 Presented by: Ms. Himani