Unit 6 - Marketing Communication & Promotion

KaushikJaiswal3 47 views 55 slides May 15, 2024
Slide 1
Slide 1 of 55
Slide 1
1
Slide 2
2
Slide 3
3
Slide 4
4
Slide 5
5
Slide 6
6
Slide 7
7
Slide 8
8
Slide 9
9
Slide 10
10
Slide 11
11
Slide 12
12
Slide 13
13
Slide 14
14
Slide 15
15
Slide 16
16
Slide 17
17
Slide 18
18
Slide 19
19
Slide 20
20
Slide 21
21
Slide 22
22
Slide 23
23
Slide 24
24
Slide 25
25
Slide 26
26
Slide 27
27
Slide 28
28
Slide 29
29
Slide 30
30
Slide 31
31
Slide 32
32
Slide 33
33
Slide 34
34
Slide 35
35
Slide 36
36
Slide 37
37
Slide 38
38
Slide 39
39
Slide 40
40
Slide 41
41
Slide 42
42
Slide 43
43
Slide 44
44
Slide 45
45
Slide 46
46
Slide 47
47
Slide 48
48
Slide 49
49
Slide 50
50
Slide 51
51
Slide 52
52
Slide 53
53
Slide 54
54
Slide 55
55

About This Presentation

Unit 6 - Marketing Communication & Promotion
a. Elements of marketing communication process
b. Marketing communication process steps
c. Objectives
d. Advertisement copy
e. Advertisement copy classification & examples
f. Sales promotion tools
g. Discounts & allowances
h. Distribution chan...


Slide Content

KAUSHIK JAISWAL
7276888855 [email protected]

MARKETING COMMUNICATION
Marketing communications refer to the strategy used
by a company or individual to reach their target
market through various types of communication.
Marketing communication includes advertising, direct
marketing, branding, packaging, sales presentations,
trade show appearances etc.
15-02-2020Kaushik Jaiswal
2

ELEMENT OF MARKETING COMMUNICATION PROCESS
15-02-2020Kaushik Jaiswal
3
Sender Encoding Message
Media Decoding Receiver
Response Feedback Noise
1 2 3
4 5 6
7 8
See : Elements of Communication Process
9

15-02-2020Kaushik Jaiswal
4

MARKETING COMMUNICATION PROCESS STEPS
15-02-2020Kaushik Jaiswal
5
1.
•Identification of the Target audience
2.
•Determination of the communication objectives
3.
•Designing of Message
4.
•Message Content
5.
•Message Structure & Format
6.
•Choosing Media
7.
•Collecting Feedback
See : Communication Process Steps

7 STEPS TO DEVELOP AN EFFECTIVE MARKETING
COMMUNICATIONS STRATEGY
15-02-2020Kaushik Jaiswal
6
1. The Better You Know Your Audience, the Better You Can Appeal
to their Interests
2. Uncover Your Unique Selling Proposition
3. Sharpen Your Brand Look and Feel
4. Ensure that All Messaging is Consistent
5. Choose Your Marketing Mix
6. Establish Marcom Success Measurements (Metrics)
7. Manage Leads and Client Data
See : Steps to develop an effective communication strategy

MARKETING COMMUNICATION OBJECTIVES
15-02-2020Kaushik Jaiswal
7
To Increase Awareness
To Change Attitudes
To Influence Purchase Intent
To stimulate Trial Purchase
To Drive Brand Switching

ADVERTISING COPY
An advertising copy is a term used to describe the main text
used in the advertisement. The text could be a dialogue, a
catchy punch line or a company’s dictum.
It is a print, radio or TV advertising message that aims at
developing and retaining an interest of the target customer and
prompting him to purchase the product within a couple of
seconds.
15-02-2020
Kaushik Jaiswal
8

ADVERTISING COPY -EXAMPLE
15-02-2020
Kaushik Jaiswal
9

ESSENTIALS OF A GOOD ADVERTISEMENT COPY
15-02-2020Kaushik Jaiswal
10
Attention
Confirming
Apt
Clear
Brief
Assurance of benefits
Credibility
1
2
3
4
5
6
7

15-02-2020Kaushik Jaiswal
11
❑Anadcopymustfocusonthecredibilityorthereliabilityofthead.
❑Thecopywritersshouldessentiallyflauntanelementofreliabilityinthead
sothattheconsumersareconvincedtogoaheadwiththeproduct.
❑Thecredibilityofanadvertisementistheextentofhonestyinthead
message.Misleadingandmisinterpretedadsharmthereputationofthe
sellinghouse.
Credibility
❑Thekeywords,punchlinesorphrasesthatseizetheattentionofthe
potentialconsumersorsomecomponentintheadthatattractsthe
targetaudienceisessentialinagoodadvertisingcopy.
Attention
❑Anadvertisementcopymustcontainsomepromiseofthebenefitsthat
theproductoffersiftheconsumerpurchasesandusestheproduct.
Assurance of benefit

15-02-2020Kaushik Jaiswal
12
❑Anadcopymustbebriefandclear,i.e.itmustbetothepoint.
❑Itdoesn’tmeanthatthecopymustomittheimportantelements
ofthead.
❑Aclearcopyiseasyandquicktobereadbythereaders.
❑Itisself-explanatory,definite,andprecise.
Brief and clear
❑Thecopymustbeaptandmustmatchtheneedsoftheprospects.
❑AcopywriterhastousethemostsuitableUSP.
❑Everyadcopymustmeettheconformingstandardsandrules
acceptabletotheadvertisingmediaandthelawsoftheland.
❑Acopythatoffendsthemoralitychallengesreligiousbeliefsofthe
peopleisnotwelcomedbyanymedia.
Apt and conforming

A WELL DEFINED ADVERTISING COPY MUST
PERFORM THE FOLLOWING FUNCTIONS:
15-02-2020Kaushik Jaiswal
13
1.
Attract Attention
2.
Command Interest
3.
Create Desire
4.
Inspire Conviction
5.
Provoke Action

15-02-2020Kaushik Jaiswal
14
Advertising Copy
On the basis of
functions
Educational
Competitive
Institutional
On the basis of
purpose
Goodwill
Selling
On the basis of
appeal
Reason why
Human Interest
On the basis of
mode of conveying
of the message
Expository
Suggestive
Direct
Indirect
Descriptive
Argumentative
On the basis of
forms
Medium Feature
Feature
ADVERTISING
COPY
CLASSIFICATION
See : Classification

EDUCATIONAL COPY
❑Itaimsateducatingthepublic,regardingtheuseofaproduct.
❑Suchanadvertisementcopydepictsthespecialtiesoftheproduct,in
contrasttotheexistingones.
❑Peoplekeepcertainhabitswhichcannotbeeasilychanged.Demand
canbecreatedwhensuchhabitsarechanged.
❑Thistypeofcopyintroducesnewhabitsandattractspeopletowardsthe
product.
15-02-2020
Kaushik Jaiswal
15

COMPETITIVE COPY
❑Itaimsatputtingforththespecialfeaturesofaproduct.
❑Itpromotestodifferonebrandfromcompetitors’brands.
❑Itmeetsthechallengeofthecompetitors.
15-02-2020
Kaushik Jaiswal
16

INSTITUTIONAL COPY
❑Itsellsnottheproductsoftheinstitutionbut
thenameoftheinstitution.
❑AlsoknownasPRESTIGEorCORPORATE
advertising,thisisthetypeofadvertisement
usedtopresentthecompany’simage.
❑Whenapharmaceuticalfirmtakesspaceit
describesitsresearchskills,itscontributionto
societyetc.
❑Thecopyaimstodevelopandmaintaina
good-willfortheproductthattheproduct
comesfromareputedhouse.
15-02-2020
Kaushik Jaiswal
17

GOODWILL & SELLING COPY
❑GOODWILL COPY is one which does not try to sell a product but aims to
sell the public some idea on the firm in general, on the quality of its
product, its utility, etc.
❑SELLING COPYis used by the mail-order house to effect a sale by mail, or
by the manufacturer who sells through retailers, to persuade the buyer to
call for his brand at the retail store.
❑It is used by the retailer to make an immediate sales of the goods, which
he may have to stock.
15-02-2020
Kaushik Jaiswal
18

REASON WHY COPY
❑A Reason Why advertising copy offers reasons as to why the consumers
are expected to buy the product of a particular brand.
❑The reason why copy appeals directly to the intellect or the judgment of
an individual than the emotions.
❑It tries to explain the product qualities and benefits by giving evidence in
the forms of testimonials, guarantees, customer experiences, and so on.
15-02-2020
Kaushik Jaiswal
19

HUMAN INTEREST COPY
Human interest copy entices the emotions and senses of its prospective
customers rather than the intellect and judgment.
❑Thisadvertisementcopydefinestheproducttopeopleinsteadofsticking
tofacts.
❑HumanInterestcopygetstosellingpartindirectlyorreluctantly.
❑Itfocusesonpeople’sundyinginterestinthemselves,theirfamiliesand
friends.
❑ThemostimportantformsofHumanInterestCopyare-
15-02-2020
Kaushik Jaiswal
20
Humorous
copy
Fear copy
Predicament
copy
Story copy

15-02-2020Kaushik Jaiswal
21
•Humorous ad copy is a copy which is designed to make the
reader laugh.
•This copy brings about a smile on the readers face.
HUMOROUS COPY
•Fear ad copy arouses a sense of fear in the reader to save
their lives or to protect themselves from something.
•It creates interest among its consumers by instilling a sense
of fear in them.
•Fear advertisement copies must be designed carefully as it
may carry an unpleasant association on the viewer’s mind
concerning the product.
FEAR COPY

15-02-2020Kaushik Jaiswal
22
•Inastorycopy,astoryisnarratedinaveryinterestingwayto
developinterestamongstitsprospects.
•Customerexperiencescanalsobenarratedintheformofa
story.
STORYCOPY
•Inapredicamentcopy,thecopyprovidesadramatic
explanationabouttheproduct.
•Thiscopyexplainsalltheadvantagesandbenefitsofusing
theproduct.
•Thepredicamentcopyusuallytakesovertheotherthree
formsoftheadvertisementcopy.
PREDICAMENTCOPY

EXPOSITORY COPY
❑EXPOSITORY COPYis not to conceal but to expose the facts as they are
clear and concise ideas are given.
❑It explains the construction, uses, merits, operation and superiority of
advertised articles.
15-02-2020
Kaushik Jaiswal
23

SUGGESTIVE COPY
❑SUGGESTIVE COPYdirectly or indirectly conveys the message, which
leads to sales.
15-02-2020
Kaushik Jaiswal
24

DESCRIPTIVE & ARGUMENTATIVE COPY
❑DESCRIPTIVE COPYconveys the ideas in words or pictures so as to impress
the readers’ mind and thus act upon it.
15-02-2020
Kaushik Jaiswal
25
❑ARGUMENTATIVE COPY is a message supported by facts.

ELEMENTS OF AN ADVERTISEMENT COPY
15-02-2020Kaushik Jaiswal
26
1. Attention Value
2. Suggestive Value
3. Conviction Value
4. Sentimental Value
5. Educative Value
6. Memorizing Value
7. Instinctive Value

SALES PROMOTION
Sales promotion is the process ofpersuading a potential
customerto buy the product.
❑Salespromotionisdesignedtobeusedasashort-termtactictoboost
sales–itisrarelysuitableasamethodofbuildinglong-termcustomer
loyalty.
❑Somesalespromotionsareaimedatconsumers.Othersaretargetedat
intermediariesandatthefirm'ssalesforce.
❑SalespromotionisatypeofPullmarketingtechnique.
15-02-2020
Kaushik Jaiswal
27

OBJECTIVES OF SALES PROMOTION
15-02-2020
Kaushik Jaiswal
28
1. To increase sales by publicity through the media.
2. To disseminate information through salesmen, dealers etc.
3. To stimulate customers to make purchases at the point of purchase.
4. To prompt existing customers to buy more.
5. To introduce new products.
6. To attract new customers.
7. To meet competition from others effectively.

SALES PROMOTION TOOLS
15-02-2020Kaushik Jaiswal
29
1. Discounts –
Trade /
consumer
2. Gifting 3. Coupons
4. Financing 5. Sampling 6. Bundling
7. Contests
8. Refunds &
Rebates
See : Promotion Tools

SALES PROMOTION TOOLS
15-02-2020Kaushik Jaiswal
30
9. Exchange
offers
10. Free trial
11. Email
Marketing
12. Exhibitions
13. Trade
Shows
14.
Demonstrations
15. Continuity
programs
16. Quantity
Discount
See : Promotion Tools

DISCOUNTS –TRADE / CONSUMER
❑Themostcommon typeofsales
promotionsisconsumerdiscountsortrade
discounts.
❑Ifthereisa10%discountontheproduct
fortheconsumer,thenitisknownas
consumerdiscount.
❑However,ifthereisa10%discounttothe
dealerwhenheispurchasingfromthe
company,itisknownastradediscount.
15-02-2020
Kaushik Jaiswal
31

GIFTING
❑Oneofthemostcommon waysto
promoteyourstoreduringfestivaltimeor
whenthereisahugewalkinexpectedis
Gifting.
❑Itisalsoawaytoincreasethesalesofthe
productsbecausecustomershavean
anticipationthattheymightwinagiftfrom
thestore.
❑Anotherpopularwaytousegiftingisto
advertise“Assuredgifts”.
15-02-2020
Kaushik Jaiswal
32

COUPONS
❑Usedtomotivatepeopletopurchase
whentheythinkthepriceishighoritcan
beincentivetobuyyourproductabove
thecompetitors.
❑Domino’s,PizzahutandMcDonaldsvery
prominentlyusecoupons intheir
marketing.
❑Ifyouhavetheircouponinhand,youget
adiscountofXamountonthepurchase.
15-02-2020
Kaushik Jaiswal
33

FINANCING
❑Companieswhichhavehugeresources
generallyactasFinancers.
❑Theyallowcustomerstopurchasea
productonEMIorondifferentfinancing
options.Allthishappensforaminor
processingfeeandlessinterest.
❑Asaresult,thecustomer,whodoesnot
havecompletemoney tobuythe
product,willlikelypurchasetheproduct
usingfinancingoptions.
15-02-2020
Kaushik Jaiswal
34

SAMPLING
❑ItispredominantlyusedintheFMCG
industryforperfumes,deodorants,soaps
oreveneatables.
❑Samplingisanexcellentwaytointroduce
yourproductinthemarketandatthe
sametimetoincreasetheawarenessof
theproduct.
❑Thecustomerswhoarebeingtargetedby
samplingcarryahugelifetimevalue.
Oncetheygethookedontoyourproduct,
theywon’tleaveitthatearly.
15-02-2020
Kaushik Jaiswal
35

BUNDLING
❑Bundlingiswhenyouputacombinationof
productsonsaleforthesameprice.
❑Weseebundlingstronglyinretailwherea
shampoomightbebundledwithasoap
orwecanseeabundledcombinationsof
manydifferentitems.
❑Iftheproductsarebundledtogetherand
bothproductsareofanexcellentbrand,
thenthebundledproductwillsellmuch
higherquantitiesand willdefeat
competitioninnumbers.
15-02-2020
Kaushik Jaiswal
36

CONTESTS
❑Therearedifferentformsofcontestswhich
canberuntogathermorecustomer
informationortomotivatethecustomerto
trytheproductortocreateawareness
aboutthenewretailplace.
❑Contestscanbeassimpleaswinninga
giftthroughascratchcard,oritcanbean
inhousegameinaretailshowroomorit
canbeanonlinecontestforwhichusers
havetoentertheirinformation.
15-02-2020
Kaushik Jaiswal
37

REFUNDS & REBATES
❑Refundsareamarketingtacticwhenyou
getapartialamountrefundedtoyou
basedonanactionyouhavetaken.
❑Forexample–ifyoubringtheparking
tickettotheshowroom,yourparking
amountwillberefundedbythestore.
❑Rebateisatypeofpartialrefundwhichis
mostpopularintheUnitedstates,though
notmuchpopularinothercountries.
❑Inrebates,youfillformswhilecheckingout
ofstores.
15-02-2020
Kaushik Jaiswal
38

EXCHANGE OFFERS
❑Inexchangeoffer,youcanexchangean
oldproductforanewproduct.Youwill
receiveadiscountbasedonthevaluation
ofyouroldproduct.
❑So,ifyouhadanoldwashingmachineat
homeandtherewasanExchangeofferin
themarket,thenyouwillreceiveanX
amountforthewashingmachinewhichis
decidedbytheparentcompanyorthe
retailer.ThisXamountwillbededucted
fromyourfinalpayableamount.
15-02-2020
Kaushik Jaiswal
39

FREE TRIAL
❑Programswhereyoucanusetheproduct
forsometimebutlateronhaveto
purchasetheproducttouseitcompletely.
❑Thisisdonesothatthecustomergetsa
chancetotrialruntheproductbeforehe
paysfortheproductinfull.
❑Programs
likeAdobePhotoshop,Microsoftoffice365
andothersareknowntogivefreetrial
programsofuptoamonthsothatthe
customercanknowmoreaboutthe
product,hecantryitandthenpurchase.
15-02-2020
Kaushik Jaiswal
40

EMAIL MARKETING
❑Emailmarketingwas,isandistoutedto
alwaysbeoneofthebestwaysto
promoteyourbusiness.
❑Itisoneofthemostcommonlyusedtypes
ofsalespromotionsacrosstheworld
becauseofitseaseofimplementation
andbecauseofitspenetration.
❑Eachandeveryoneofushasanemail
accountwhichweaccessregularly.Thus,
anEmailispersonaltouswhenreceivedin
ourphoneandweareboundtocheckit
out.
15-02-2020
Kaushik Jaiswal
41

EXHIBITIONS
❑MorecommonlyusedinFood,Jewellery,
Clothingandsimilarindustrieswheresellers
wanttoshowcasetheproductstheyhave
totheirbuyers.
❑Thesebuyersmightbeconsumersorthey
maybeindustrialbuyers.
❑Anexhibitiongenerallyconsistsofone
playerwhoisexhibitinghisgoods.
❑However,itcanalsobeacombinationof
playerswhoarealltheretoshowcasetheir
wares.
15-02-2020
Kaushik Jaiswal
42

TRADE SHOWS
❑While exhibitions are targeted
towardsindividualbuyers,Tradeshowsare
targetedtowardsresellers,dealers,
distributorsandbulkbuyers.
❑Atradeshowistypicallyadisplaypointfor
alltopcompanieswithinanindustry.
❑Thesecompaniesaretheretocompete
andgrabthemaximum eyeballsof
retailers,dealersanddistributors.
❑WhileExhibitionsareconcentratedmostly
onindividualbuyers,tradeshowsare
concentratedtowardsbulkbuyers.
15-02-2020
Kaushik Jaiswal
43

DEMONSTRATIONS
❑Demonstrationsareanexcellentwayto
createmoreawarenessoftheproduct
andtomakecustomerscomfortable
towardsatechnicalproduct.
❑Technicalityoftheproductcanbea
barriertopurchase.
❑Bydemonstratingtheactualworkingofa
product,youareremovingabarrierto
purchase.
❑Hencedemonstrationisatypeofsales
promotionmostlyusedfortechnicaltype
ofproducts.
15-02-2020
Kaushik Jaiswal
44

CONTINUITY PROGRAMS
❑Amarkingstrategywhereintheseller
launchesanongoingpromotioninorder
toattractandretaincustomers.
❑Anexampleiswhereasupermarketoffers
togiveawaygiftseverymonthfor
customerswhobuyacertaintypeor
amountofproduct.
❑Airlinefrequentflierdiscountsarealso
examplesofacontinuityprogram.
15-02-2020
Kaushik Jaiswal
45

QUANTITY DISCOUNT
❑Themorequantityoftheproductyoubuy,
themoreisthediscount.
❑Soforexample,asinglesoapmaycost$1
butacombinedpackageof5unitsof
soapmightcostyou$4,givingyoua20%
discountonthepurchase.
❑Thequantitydiscountisnotapplicable
onlytoconsumers.
❑Itisalsoapplicableintradewherea
dealerordistributormightbegivena
discountof5-10%ifhepurchasesahigher
quantityofproduct.
15-02-2020
Kaushik Jaiswal
46

DISTRIBUTION CHANNEL
A distribution channel is a chain of businesses or
intermediaries through which a good or service passes
until it reaches the final buyer or the end consumer.
Distribution channels can includewholesalers,retailers,
distributors, and even the Internet.
15-02-2020
Kaushik Jaiswal
47See : Distribution Channel

FUNCTIONS OF DISTRIBUTION CHANNELS
15-02-2020Kaushik Jaiswal
48
1.Sorting
2.Accumulation
3.Allocation
4.Assorting
5.Product Promotion
6.Negotiation
7. Risk Taking

TYPES OF DISTRIBUTION CHANNELS
15-02-2020Kaushik Jaiswal
49
Distribution Channel
Direct Channel
Door
to
door
selling
Internet
selling
Mail
order
selling
Company
owned
retail
outlets
Tele
marketing
Indirect Channel
One
Level
Channel
Two
level
channels
Three
level
channels

DIRECT CHANNEL OR ZERO LEVEL CHANNELS
When the producer or the manufacturer directly sells
the goods to the customers without involving any
middlemen, it is known as direct channel or zero
level channel.
❑Itisthesimplestandtheshortestmodeofdistribution.
❑Sellingthroughpost,internetordoortodoorsellingetc.are
theexamplesofthischannel.
❑Forexample,McDonald's,Bata,etc.
15-02-2020
Kaushik Jaiswal
50

INDIRECT CHANNELS
15-02-2020
Kaushik Jaiswal
51
One Level Two Level Three Level

15-02-2020Kaushik Jaiswal
52
•It is usually adopted for specialty goods.
•For example Tata sells its cars through company approved retailers.
(a) Manufacturer-Retailer-Consumer (One Level Channel):
•This is the most commonly used channel for distributing goods like soap, rice,
wheat, clothes etc.
(b) Manufacturer-Wholesaler-Retailer-Customer (Two level
channels):
•The manufacturers supply the goods to their agents who in turn supply them to
wholesalers and retailers.
•This level is usually used when a manufacturer deal in limited products and yet
wants to cover a wide market.
(c) Manufacturer-Agent-Wholesaler-Retailer-Consumer (Three
level channels):

FACTORS DETERMINING CHOICE OF CHANNELS OF
DISTRIBUTION
15-02-2020Kaushik Jaiswal
53
Product Related Factors
Company Characteristics
Market Factors
Competitive Factors
Environmental Factor
1
3
5
2
4

FACTORS DETERMINING CHOICE OF CHANNELS OF
DISTRIBUTION
15-02-2020Kaushik Jaiswal
54
(a)Nature of Product
(b)Perishable and Non-Perishable Products
(c)Value of Product
(d) Product Complexity
1. Product Related Factors
(a)Financial Strength
(b)Control
2.Company
Characteristics
(a)Size of Market
(b)Geographical Concentration
(c)Quantity Purchased
3. Market Factors

THANK YOU..!
KAUSHIK JAISWAL
7276888855 [email protected]
See : Elements of Communication Process
See : Communication Process Steps
See : Steps to develop an effective communication strategy
See : Advertisement Copy Classification
See : Promotion Tools
See : Distribution Channel