The specific blend of promotion tools that the company uses to persuasively communicate customer value and build customer relationships.
Direct Marketing
means
Carefully integrating and coordinating the companys many communications channels to deliver a clear, consistent, and compelling message about the organization and its products.
1. Start with the customer or prospect. 2. Use any form of relevant contact or touch point. 3. Speak with a single voice. 4. Build relationships. 5. Affect behavior.
Integration requires tight coordination among all elements of a marketing communication program. Few providers of marketing communication services have the diversity of skills required to execute an IMC program. Direct-to-customer advertising is more difficult than a mass media campaign. The greatest challenge is making sure that all marketing communication tools are consistently executed.
Advertising
means
Any paid form of nonpersonal presentation and promotion of ideas, goods, or services by an identified sponsor.
Message
Media
Objectives Setting
Budget Decisions
Advertising Evaluation
Objectives Setting
Budget Decisions
&
Media Decisions Major media types Specific media vehicles Media timing
Advertising Evaluation
&
Effectiveness
Sales Promotion
means
Short term incentives to encourage the purchase or sale of a product or service.
Consumer Promotions
Trade Promotions
Business Promotions
Samples Coupons Refunds Premiums Point-of-purchase displays to contests Sweepstakes Event sponsorships
Allowance Discounts Free goods Push money Free specialty advertising items
Public Relations
means
The Building good relations with the companys various publics by obtaining favorable publicity, building up a good corporate image, and handling unfavorable rumors, stories, and events.
Press relations or press agency Creating and placing newsworthy information in the news media. Product publicity Publicizing specific products. Public affairs Building and maintaining national or local community relations.
News Speeches Special events Written materials Audio-visual materials Corporate identity materials Public service activities Social networking
Personal Selling
means
Personal presentation by the firms sales force for the purpose of making sales and building customer relationships.
when . . .
The product is more complex The product is more expensive The product is bought infrequently The customers is another business i.e. B2B markets
To gather information about customer wants To advise customers To build goodwill To deal with complaints To close the sale - i.e. to secure a sale To provide after -sales service
Prospecting
Approach
Preapproach
Handling objections
Presentation
Follow-up
Closing
Roll. 177
Direct Marketing
means
Connecting directly with carefully targeted individual consumers to both obtain an immediate response and cultivate lasting customer relationships.
Catalog marketing
Telephone marketing
Kiosk marketing
Online Marketing
means
Company efforts to market products and services and build customer relationships over the internet.
Targeted to consumers
Targeted to business
Initiated by business
B2C C2C
B2B C2B
Initiated by consumer
THANK YOU