Managing Mass Communications
Managing Mass Communications
GRADUATE SCHOOL
Quezon City
GS WRITTEN REPORT
In
MBA 204 ADVANCED MARKETING MANAGEMENT
Submitted by:
Professor
Dr. Bernandino P. Malang
JUNE 2023
TOPIC
Objectives:
• The goal of educational advertising is to increase consumer awareness of new
items and/or new features of existing ones.
• The goal of persuasive advertising is to influence consumers to like, prefer,
believe in, and buy a certain good or service.
• Advertising that serves as a reminder tries to encourage repeat purchases of
goods and services.
• Advertising that serves as reinforcement seeks to persuade current customers
that they made the right decision.
Discussion
Here are five specific things to think about when determining the budget for advertising:
1. Stage in the product life cycle -- Large budgets are often needed to promote
new items and convince people to try them.
2. Market share and consumer base -- To keep share, high-market-share brands
typically need to spend less on advertising as a percentage of sales.
3. Competition and clutter -- A brand needs to advertise more extensively in a
market with lots of competitors and significant advertising spending to be noticed.
4. Advertising frequency -- A brand needs to advertise more extensively in a
market with lots of competitors and significant advertising spending to be noticed.
5. Product substitutability -- Brands in less distinct or commodity-like product
categories (beer, soft drinks) need a lot of advertising to create a distinctive
identity.
Making the marketing campaign
Marketers use both art and science to establish an ad's message strategy or positioning
– what the ad wants to tell about the brand – and its creative strategy – how the ad
represents the brand claims. Advertisers go through three stages: message creation
and evaluation, creative development and execution, and social responsibility
evaluation.
Following the selection of the message, the following job is to select the medium via
which it will be communicated. Decide on intended reach, frequency, and impact; select
major media types; select specific media vehicles; decide on media scheduling; and
decide on geographical media allocation. The marketer then assesses the outcome of
these decisions.
Promotion of Sales
Public Relations
Not only must the corporation maintain positive relationships with its customers,
suppliers, and dealers, but it must also maintain positive relationships with a wide
number of interested publics. The term "public" refers to any group that has an actual
or future interest in or impact on a company's capacity to achieve its goals. Public
relations (PR) refer to a wide range of initiatives designed to promote or protect a
company's image or individual items.
Consumers' brand attitudes and opinions may be influenced by their daily interactions
with brands. Atmospheres are "packaged environments" that establish or reinforce
proclivity to buy a product. Not only must the corporation maintain positive relationships
with its customers, suppliers, and dealers, but it must also maintain positive
relationships with a wide number of interested publics. The term "public" refers to any
group that has an actual or future interest in or impact on a company's capacity to
achieve its goals. Public relations (PR) refers to a wide range of initiatives designed to
promote or protect a company's image or individual items.
Assessment
These marketing and sales promotions attempt to connect with consumers' personal
experiences and lifestyles. When brand pictures are associated with personal
experiences, consumers remember them. Public relations is critical because a product
must be placed in the minds of consumers. Product placement and public relations go
hand in hand. Consumers want to feel and experience personal in real life before
making a final purchase, thus events are just as vital as experiences.
References