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Chapter 18 Global Promotional Strategies

0. Chapter 18 Global Promotional Strategies. Planning Promotional Campaigns. 0. Determine the target audience Determine the budget Determine the message Determine campaign effectiveness. Planning Promotional Campaigns. 0. The target audience

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Chapter 18 Global Promotional Strategies

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  1. 0 Chapter 18 Global Promotional Strategies

  2. Planning Promotional Campaigns 0 • Determine the target audience • Determine the budget • Determine the message • Determine campaign effectiveness

  3. Planning Promotional Campaigns 0 • The target audience • Expectations of various audiences have to be researched to ensure the appropriateness of campaign decision making. • An important aspect of research is to determine multimarket target audience similarities.

  4. Planning Promotional Campaigns 0 • The target audience • Companies may announce repositioning strategies through image campaigns to both external and internal constituents.

  5. Planning Promotional Campaigns 0 • Campaign objectives • Can be divided into overall global and regional objectives as well as local objectives. • Have to be measurable for control purposes.

  6. Planning Promotional Campaigns 0 • Budget • The promotional budget links established objectives with media, message, and control decisions.

  7. Exhibit 18.2 - Budgeting Methods for Promotional Programs 0

  8. Planning Promotional Campaigns 0 • Media strategy - The major factors determining the choice of the media vehicles to be used are:

  9. Exhibit 18.4 - Restrictions on Advertisements for Specific Products in Selected European Countries 0

  10. Planning Promotional Campaigns 0 • Global media • Advertising in global media is dominated by major consumer ad categories, particularly airlines, financial services, telecommunications, automobiles, and tobacco.

  11. Planning Promotional Campaigns 0 • Global media • In choosing global media, media buyers most importantly consider targetability, client-compatible editorial, and editorial quality.

  12. Planning Promotional Campaigns 0 • The promotional message • The localization of global ideas can be achieved by various tactics, such as adopting a modular approach, localizing international symbols, and using international advertising agencies.

  13. Planning Promotional Campaigns 0 • The promotional message • Product-related regulations will also affect advertising messages.

  14. Planning Promotional Campaigns 0 • The campaign approach • What type of outside services to use • How to establish decision-making authority for promotional efforts.

  15. Exhibit 18.10 - Coordinated Approach to Panregional Campaign Development 0

  16. Exhibit 18.10 - Coordinated Approach to Panregional Campaign Development 0

  17. Planning Promotional Campaigns 0 • Measurement of advertising effectiveness • The measures most used are sales, awareness, recall, executive judgment, intention to buy, profitability, and coupon return, regardless of the medium used.

  18. Other Promotional Elements 0 • Personal selling • Most personal selling is done by the subsidiaries, with varying degrees of headquarters’ involvement.

  19. Other Promotional Elements 0 • Sales promotion • Used for promotion that does not fall under advertising, personal selling, or publicity. • For sales promotion to be effective, the campaign planned by manufacturers, or their agencies, must gain the support of the local retailer population.

  20. Exhibit 18.11 - Regulations Regarding Premiums, Gifts, and Competitions in Selected Countries 0

  21. Other Promotional Elements 0 • Public relations • Is the marketing communications function charged with executing programs to earn public understanding and acceptance. • Internal communication is important to create an appropriate corporate culture.

  22. Other Promotional Elements 0 • Public relations • External campaigns can be achieved through the use of corporate symbols, corporate advertising, customer relations programs, and publicity.

  23. Other Promotional Elements 0 • Public relations • With interactive technology, consumers can find or initiate topics of interest on the Web and engage in online discussions that strongly affect their and others’ views; this new form of communication is called consumer-generated media (CGM).

  24. Other Promotional Elements 0 • Public relations • The public relations function can be handled in-house or with the assistance of an agency.

  25. Other Promotional Elements 0 • Sponsorship marketing • Sponsorship involves the marketer’s investment in events or causes. • An event may become embroiled in controversy, thus hurting the sponsors’ images as well.

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