Professional Documents
Culture Documents
Chapter 1 Objectives
Discuss advertising’s
role in marketing
Define marketing and strategy.
identify the four elements
of marketing strategy. Explain the difference
between consumer and
Define advertising and business markets.
differentiate it from other
forms of marketing Explain how advertising
communications. differs from basic
communication.
1-4
What is Advertising?
Definition
Advertising is . . .
structured and composed . . .
by identified sponsors . . .
Mass
Mass Addressable
Decoding Receiver
Feedback to be
decoded by a receiver
1-11
Communication:
Stern Model
Source Message Receivers
Sponsor
Author
Sponsorial
consumers
Feedback
Actual
consumers
1-12
Communication:
Source Dimensions
Legally responsible
Sponsor
Has a message
Ad uses implied
Sponsorial consumers, not real ones
consumers
Sponsor’s executives
Redeemed Survey
Coupons Feedback Responses
and
Phone
Interactivity Increased
Inquiries Sales
1-19
Business Functions
Finance
Operations Marketing
& Admin
generating role
1-20
What is Marketing?
Marketing is . . .
the process of planning and executing
concepts, pricing, distribution, and promotion
of ideas, goods, and services . . .
Business/Industrial:
Trades, Professions, & Agriculture
1-22
Marketing:
The 4Ps
Categories of
Product goods or services
Strategies for
Price competitive pricing
Distribution
Place and geography
Communication
Promotion channels
1-23
Marketing:
Marketing Communications
Marketing
Collateral Product
Materials Communication Advertising
(Marcom)
Types
Personal Sales
Selling Promotion
Public
Relations
1-24
Marketing:
IMC
Less-efficient
advertising
Media Movement
Cynical, untrusting,
proliferation toward
& sophisticated
establishing
consumers
More consistency
competition among
Gaps between
agencies &
promise & delivery
Higher costs departments
Need for more
relationship building
1-25
Marketing:
IMC
Marketing
Collateral Product
Materials Communication Advertising
(Marcom)
Types
Personal Sales
Selling Promotion
Public
Relations
1-26
Marketing:
IMC
Integrated Marketing