Campaign Critique This assessment is designed for students to demonstrate a comprehensive understanding of Marketing Communications theories and concepts by reviewing a real campaign and, with
25 May 2018 – IMC (Individual assignment)
Pg 127; Roy Morgan Values Segment (choose 1 of the remaining 7).
Do not use:
Basic needs
Fairer Deal
Traditional family life
*Refer to Chapter 8 and reference the textbook
We use objectives to evaluate the effectiveness of the ad
Session 3
Segmenting Consumers
Demographics
Values / Lifestyles
Geodemographics
Behavioural tarageting
Traditionally used after a product launch, segments are based on buying behaviour.
Brand usage
Product category usage
Level of product usage (number of times the product was purchased)
Newer digital methods include:
Tracking visitors’ online selection such as:
Pages visited
Length of time spent on a page
Searches performed
Ethical principles of segmenting markets
Ethical dilemmas include
Targeting the vulnerable, such as, the young, sick and cognitively impaired
‘Conditional branding’
By making consumers aware of benign medical conditions and profited from the concern they raise among consumers
Brand Positioning
A clear positioning statement is essential to developing marketing communications strategies.
Positioning strategies provide for:
Who the target market is
What marketing should say about the brand
What media should be used to reach the target market
Brand Loyalty
Highest tier of the hierarchy of effects model
No guarantee that consumers will move to this level
Create a preference for the brand; reduce a consumer’s brand switch
Practical Budgeting Methods
Percentage of sales budgeting
Check and collate sales figure and determine a percentage
Competitive parity method
Based the budget on competitor’s spending
The objective-and-task method
Affordability method
Concepts and Theories (Apply to number 3)
TOMA (Top of mind awareness)
ELM (elaboration likelihood model)
CPM (cognitive)
HEM (hedonic)
Functional needs
Symbolic needs
Experiential needs
Liking
Credibility
Celebrity endorsement
TEARS model (used to evaluate the appropriateness of getting this particular celebrity)
Informing
Introduction stage for PLC: introduction of new product
Persuading
Growth, majority and decline stage
Persuade using price discount
Many other factors
Reminding
Majority stage of the PLC – product already very established
Act as a deterrent to other entries
Adding value
Further convince our customers
Differentiate from competitors
Assisting other company efforts
Basic Needs
Safety Needs
Social Needs
Ego Needs
Self-Actualization
Hierarchy-of-effects
Similar to TOMA
Unawareness – Awareness – Expectations – Trial – Beliefs/Attitude – Belief reinforcement / Attitude reinforcement – Brand Loyalty
Communication process model
Noise (applicable to weakness at point 3 only)
Laddering Process
The interviewer first determines what attributes about the product category are important and then links these to consequences and the abstract values
USP Strategy (100% strength)
Advertiser claims are based on the superiority of a product attribute that is unique and represents a meaning and distinctive consumer benefit
This strategy is most useful when a point of difference cannot be readily matched by competitors
It may force competitors to imitate or choose a more aggressive strategy
Brand Image Strategy
Claims are based on a psychosocial differentiation and symbolic association
A brand is given a distinct identity
Transformational advertising
Resonance strategy
Reflects the audience’s life experiences
Not focused on a USP or brand image
Can become a weakness because of credibility issue due to celebrity endorsement (TEARS model)
Emotional Strategy (both strength and weakness)
Generic Strategy
Pre-emptive strategy
A generic claim but with an added message of superiority
Humour in advertising
Fear
Guilt
Sex
2a) Profile:
Buyer behaviour
Demographics
Consumer values and lifestyle
2c) Specifying media objectives
Reach
Has to be a percentage; ties in with brand awareness.
Frequency
Refers to media, also refers to media types aka media vehicles, number of exposures: min 3, max 10
Means End Chaining (MECCAS model)
A framework for understanding the relationship between the consumer and advertising
Attributes
The features or aspects of advertised brands
Consequences
What consumers hope to receive (benefits) or avoid (detriments) when consuming brands
Values
Represent those enduring beliefs people have about what is important in their life
Leverage Point
Value orientation and the manner (leverage point) by which the advertisement will tap into, reach or activate the key value that serves as the ad’s driving force
Strengths or weakness depends on 2 factors
Based on the advertisement selected
Profile of your customer/TA
Considered to be a FMCG that is purchased for personal and household consumption.