TAILIEUCHUNG - Lecture Basic Marketing: A global-managerial approach: Chapter 16 - William D. Perreault, E. Jerome McCarthy

In chapter 16, students will: Understand why a marketing manager sets specific objectives to guide the advertising effort, understand when the various kinds of advertising are needed, understand how to choose the "best" medium, understand how to plan the "best" message - that is, the copy thrust, understand what advertising agencies do and how they are paid,. | Chapter 16: Advertising and Sales Promotion When you finish this chapter, you should 16-2 Chapter 16 Objectives 1. Understand why a marketing manager sets specific objectives to guide the advertising effort. 2. Understand when the various kinds of advertising are needed. 3. Understand how to choose the “best” medium. 4. Understand the main ways that advertising on the Internet differs from advertising in other media. 5. Understand how to plan the "best" message—that is, the copy thrust. 6. Understand what advertising agencies do—and how they are paid. 7. Understand how to advertise legally. 8. Understand the importance and nature of sales promotion. 9. Know the advantages and limitations of different types of sales promotion. 10. Understand the important new terms. Exhibit 16-1 16-3 Strategy Planning for Advertising Sales Promotion Mass Selling Personal Selling Target Market Price Promotion Place Product Copy thrust Media types Kind of advertising Target audience Who will do the work? Publicity Advertising Summary Overview Marketing managers must make specific advertising strategy decisions to guide the work done by the firm and/or its advertising agency. Making specific decisions is very important to ensure that advertising efforts support marketing objectives, not just communication objectives. Advertising Strategy Decisions Target Audience. The marketing manager should be very specific about who the company is trying to reach. Advertising campaigns can be narrowed very accurately to appeal to very specific groups of people through careful selection of words, images, and symbols. It is crucial that marketing provide the advertiser with accurate target market information. Kind of Advertising to Use. There are many kinds of advertising that can be effective in promoting products. Each kind is designed to address the information needs of different groups: channel members, opinion leaders, reference groups, or final consumers, for example. Marketing managers should

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