2. Product
A product is anything that can be offered to a market for
attention, acquisition, use or consumption that might satisfy
a need or want including physical goods, services,
experiences, events, persons, places, properties,
organizations, information and ideas”
Brand
A name, term, sign, symbol or design or a combination of
them intended to identify the goods and services of one
seller or group of sellers and to differentiate them from
those of competitors
4. Consumer Products and Industrial Products
Consumer Products- These are products and services
bought by final consumers for personal consumption
Convenience Products- are consumer products and
services that customers usually buy frequently, as soon as
they feel the need for them and with a minimum of
comparison and buying effort
staples, impulse goods, emergency goods
Shopping Products- are less frequently purchased
consumer products and services that consumers compare
carefully on suitability, quality, price and style. Here
consumers spend much time and effort in gathering
information and making comparisons
5. Specialty Products- are consumer products and services
with unique features and brand identification for which a
significant group of buyers are willing to make a special
purchase effort. They are more expensive than
convenience products and are not purchased so frequently
Unsought Products- are consumer products that the
consumer either does not know or knows but does not
normally think of buying
Industrial Products- A product bought by individuals
and organizations for further processing or for use in
conducting a business like Materials and parts, Capital
items, supplies etc
6. Product Mix (Product assortment/Product portfolio)
Home & personal care Foods
Personal wash Laundry Hair care Deodorants Color Tea Coffee Foods Ice-Cream
cosmetics
lux Surf excel Sunsilk Axe Lakme Brook Bru Kissan Kwality-
bond Annapurna walls
lifebuoy Rin Clinic Rexona Lipton
liril Wheel
Dove
Pears
Rexona
7. Product Mix (Product assortment)-is the set of all
products and items a particular seller offers for sale. It
consists of various product lines.
Product line- A group of products within the product class
that are closely related because they perform a similar
function ,are sold to the same customer groups, are
marketed through the same outlets or channels, or fall
within given price ranges. It may be composed of different
brands or individual brand that has been line extended
Product class (product category)- A group of products
having a certain functional coherence. Eg Financial
Instruments
Product-mix Width- It refers to how many different
product lines the company carries.
Product-mix length- It refers total number of items in its
product lines
Product-mix depth- It refers how many variants are
offered of each product in the line.
8. Line stretching-It occurs when a company lengthens
its product line beyond its current range
9.
10.
11.
12.
13.
14. New Product Adoption Process
Awareness
Awareness
Interest
Interest
Evaluation
Evaluation
Trial
Trial
Adoption
Adoption Loyalty
15.
16. Diffusion of Innovation
The process by which the use of an innovation whether a product
or service spreads through out a market group, over time and
over various categories of adopters is known as diffusion of
innovation. It helps marketers to understand
The rate at which consumers are likely to adopt a new product or
service
It also helps the marketers to identify the potential customers
for their new products and services and also predict their
potential sales
18. Innovators
These are those buyers who want to be the first to have the new product
or service. These buyers enjoy taking risks and are regarded as highly
knowledgeable
Early Adopters
These are those buyers who generally do not like to take as much risk as innovators
but instead wait and purchase the product after careful review and sometimes
are also regarded as opinion leaders
Early Majority
This group differs from buyers in the first two categories. Its members do not
like to take as much risk and hence tend to wait. When early majority customers
enter the market the number of competitors in the market usually also has reached
its peak, so these buyers have many different price and quality choices
Late Majority
It is a group of buyers who adopt a product or service when it has reached its
full market potential. By the time the late majority enters the market, sales
tend to level off or may be in decline
Laggards
These consumers like to avoid change and rely on traditional products until
they are no longer available and even sometimes they may never adopt a
certain product or service
19. Brand Architecture How an organization structures and names
the brands within its portfolio.
Monolithic Brand - Here the corporate name is used on all
products and services offered by the company. e.g. Mercedes,
BMW, Sony, TATA, Apple
Endorsed Brand - where all sub-brands are linked to the
corporate brand by means of either a verbal or visual
endorsement. It generally a product or service brand name that
is supported by a Masterbrand - either dominantly e.g. Tesco
Metro, Nestle Kit-Kat, Virgin, General Electric
Freestanding Brand - the corporate brand operates merely as a
holding company, and each product or service is individually
branded for its target market. A brand name and identity used
for a single product or service in a portfolio, which is unrelated
to the names and identities of other products in the company's
portfolio
20. Co-branding- The use of two or more brand names in support of a
new product, service or venture
Masterbrand- A brand name that dominates all products or
services in a range or across a business. Sometimes used with sub-
brands, sometimes used with alpha or numeric signifiers. Audi,
Nescafe and Lego, for example, are all used as master brands
Power Branding- A strategy in which every product in a company's
range has its own brand name which functions independently,
unsupported by either the company's corporate brand or its other
product brands. Power branding is a resource-intensive strategy,
since each brand must be commercially promoted and legally
protected. This strategy is used mainly by manufacturers of
consumer goods. Lever's and Procter & Gamble's detergents are
good examples of power brands
Sub-brand- A product or service brand that had its own name and
visual identity to differentiate it from the parent brand.
21. The Product Management Process
‘The product management process consists of
generating, analyzing, organizing, planning,
implementing and control of the firm’s existing
and new products so as to satisfy the needs and
wants of chosen customer segments while
fulfilling organizational objectives’
The Major elements include:
Generation, analysis, organization, planning,
implementation and control of products
Products include both current and new products
Customer satisfaction and customer delight
Fulfillment of firm own objectives
22. The Product Planning System and Strategies
Process of Product Planning
1. Determination of Corporate objectives, resources
and constraints
2. Monitoring the current and anticipated environment
3. Situation analysis
4. Product/Market portfolio analysis and decision
5. Analysis and implementation of changes in the
current product portfolio
6. Development of product and marketing programmes
7. Evaluation of alternative programmes
8. Organization for marketing action, implementation
and control
23. Situation analysis
Product Performance Matrix- It consists of four
parameters like Industry sales, company sales, Market
share and profitability of a product. This matrix also
helps to identify and analyze which products should be
continued and nurtured and which product should be
dropped
Product/Market portfolio analysis and decision
Ansoff matrix (Product/Market Matrix)-
Penetration of existing products in existing market
Entry into new markets with the current product
Development of new products for entry into the current market
Development of new product for entry into new market
24.
25. Boston Consulting Group (BCG) Approach
The Boston Consulting Group is a consulting company
which developed this growth-share matrix to evaluate
the position of business units on the basis of market
growth rate and relative market share
General Electric Approach
General Electric developed this model with the
assistance of McKinsey & Company. This is an
improvement over BCG Growth-share matrix. It focuses
on two dimensions
Industry Attractiveness
Business strength
27. General Electric Approach
Analyzing Current SBU’s:
GE’s Strategic Business-Planning Grid
Business St rengt h
St rong Average Weak
C
I ndust ry At t ract iveness
High
A
Medium
B D
Low
32. The Product Development Process
Concept testing
Concept testing
Idea generation
Idea generation (Testing the new
(Testing the new Product development
Product development
(Development of
(Development of product idea among
product idea among (Development of prototypes
(Development of prototypes
new product ideas)
new product ideas) aaset of potential
set of potential and/or the product)
and/or the product)
customers)
customers)
Evaluation of results
Evaluation of results Market testing
Market testing
Product launch
Product launch
(Analysis of the
(Analysis of the (Testing the actual
(Testing the actual
(Full scale
(Full scale
performance of the new
performance of the new products in aafew test
products in few test
commercialization of
commercialization of
product and making
product and making markets)
markets)
the product)
the product)
appropriate modifications
appropriate modifications
33. Concept testing
Ideas with potential are developed further into concepts, which in
this context refer to brief written descriptions of the product; its
technology, working principles and forms ; and what customer needs
it would satisfy. A concept might also include visual images of what
the product would look like
Product development
A prototype is sometimes also developed, which is the first physical form
or service description of a new product, still in a rough form, that has the
same properties as a new product. The product prototypes are tested
through,
alpha testing- here the firm attempts to determine whether it
satisfies the need for which it was intended. Rather than using
potential customers, alpha tests occur in the firm’s R&D
department
beta testing- here it uses the potential consumers to examine
the product prototype
34. Market testing
Premarket test- Here the firms conduct pre-tests before they
actually bring a product or service to market to determine how
many customers will try and then continue to use the product or
service according to a small group of potential customers
Test marketing- A method of determining the success potential of
a new product, test marketing introduces the offering to a limited
geographical area prior to national launch. It also uses all the
elements of marketing mix
35. Commercialization or Launch
Methods of Launching
Immediate national Launch
Rolling Launch- This is an alternate to national launch.
In this method, the initial launch begins with two or
three cities and increases its reach to other places
36. The Launch Cycle
Pre- Launch preparation
It consists of the activities before the point at which the
product is officially offered for sale. These activities typically
include marketing pre-announcements, building marketing
capability, establishing service capability, promoting the new
product via public relations and filling the distribution channel
etc
Announcement
It is the second phase when the product is officially offered to
the market with the announcement
Beachhead
In this third phase, efforts focus on achieving market awareness
and generating an initial flow of sales
37. The Launch Cycle
Early Growth
This is the fourth stage of launch when usually sales
grow as customer interest in the new product grows.
If sales are not growing than few strategies are
applied to create demand for the product
38.
39. Launch Control Protocol
It is a tool that is useful during pre-launch
preparation. The launch protocol is used to
monitor and control activities during the launch
Identifying the problems that might occur during the
product launch
Develop plans to monitor and control these problems
40. Innovation
Continuous Innovation
It is built on an already established idea or product.
The user will typically use the product in a similar
fashion as he used it before, although it has been
changed in some respects
Dynamically Continuous Innovation
This type of innovation revolves around either the
creation of a new product or a radical change to an
existing one
Discontinuous/Disruptive Innovation
This is a totally new product in the market, the
product is new and unique and has not been seen by
consumers before
44. Key Elements of Brand Equity
Brand loyalty
Brand awareness
Brand Equity Perceived quality
Brand associations
Other proprietary
brand assets
45. Few Brand Strategy Decisions
Line Extension
Brand Extension
Multi-branding
New Brands
Co-brands
46. Brand Extension
Types of Brand Extensions
Product form extension- It is a line extension like Amul
Condensed Milk is a product for extension of Amul Milk
Companion product- For example a toothpaste brand
offering a toothbrush under the same brand name
Extension in unrelated areas
Umbrella branding
Line Branding
HUL
Denim shaving Denim
Denim Soap Denim Talc
cream After shave
47. Co-Branding /Dual Branding
Here two or more well known brands are combined
in an offer. It is a form of cooperation between
two or more brands
Ingredient co-branding- Here one of the combining
brands advertises that it uses the other brand(s) as
its ingredient like IBM or Compaq advertising that it
uses the Intel Chip displaying ‘Intel Inside’
Value and endorsement co-branding- It is the
shared value creation and the strength of relationship
like P&G’s tie up with National Association for Blind
Multiple Sponsor co-branding- Where more than
two brands combine for a specific cause like Citibank
combining with IOCL and MTNL to be used to pay bills
and in petrol pumps
48. Brand Identity
‘a unique set of brand associations that
the brand strategist aspires to create
or maintain. These associations
represent what the brand stands for
and imply a promise to customers’
55. A camera captures a muddy and way... if you let it." At the tip of the axe a tiny shoot is growing.
dry tree root and moves on... ...to an old and rusted axe lying there. VO: "Life will always find a
‘Issued in public interest by vivid motions pictures’
56. Max New York Life Insurance
The film opens with On her way she asks the After entering the house,
a woman hurriedly security guard, “sahab she quickly starts her
climbing up the aaye?” to which he replies kitchen chores and calls
stairs to her house “haan memsahab” out for Sanju, her
husband
On getting no response, she calls on Adding to her suspicion, the call is not
his mobile and starts looking for him answered as she finds his phone
all over the house carelessly lying under a pillow
57. Finally she manages to find her husband at the terrace,
but is startled to see him lying still on a rocking chair.
SS
oo
uu
rr
cc
Very nervously she moves him and shouts with mixed
ee
::
emotions of relief and fear to find him alright
TT
VV
A
A
d
d
II
nn
dd
xx
//
w
w
w
w
Cut to a shot of an equally scared Sanju hugging his wife
ww
..
ii
BB
aa
nn
kk
LL
ii
vv
ee
..
cc
“Musibatein bata ke nahin aati, isliye Max New York
o
m
o
m Life ke life insurance plans. Life mein rahein hamesha
taiyaar.”
58. The film opens on a father The boy tells his father Surprised at his ambition the
and son in their car waiting that he will open a cycle father asks him why he would do
for the signal to turn green repair show when he so
grows up
This leads to our man
“Jis tarah aap sab petrol waste thinking who in turn puts off ...Please. Kam se kam signal
kar rahe hain, future mein toh the engine .“Khud hi sara
petrol bachega hi nahin.Tab toh pe toh engine off keejiye.”
petrol khatam karegein ya (Save fuel yaani save money)
sab cycle hi chalayegein na?” kuch apne bachchon ke liye
replies the son. bhi chhodegein?
59.
60.
61.
62.
63. Emotional Appeals
Fair and Lovely- Beauty that empowers a woman
to change her destiny
Tanishq- Jewellery that wants to make you
marry
HDFC- Sar uthake jiyo
Tata Tea- Har subah sirf utha mat. Jaago Re
Haywards Soda- Haywards hai to honsla buland
hai
Tata Salt- Desh Ka Namak
Mountain Dew- Kyonki darr ke aage jeet hai
Raymond- The Complete Man
66. Brand Identity- Horlicks
Inner Core
Nutrition and Health
Outer Core
User- Anybody who needs nutrition and health by targeting
various customer groups with varied product mix
Extensions- Horlicks Junior, Mother’s Horlicks, Horlicks
Biscuits etc
Personality- Protecting, caring, supportive and concerned
Heritage- The Company has been in the business of providing
nourishment for decades
Value Proposition- Helps you perform your role better in
life. Good health and living
67. Brand Identity- Dettol
Inner Core
Protection against germs
Outer Core
User- children, young adults hygiene conscious etc
Extensions- Dettol soap, Dettol handwash, Dettol shaving
cream, Dettol hand sanitizer etc
Personality- Reliable. Trustworthy and strong
Heritage- The Company has been in the business of
protecting against germs to keep healthy
Value Proposition- Provides protection against possible
harmful effects of germs and bacteria. Feeling of security
and protection
68. The Six Stages of Brand Evolution
Unbranded Goods
Brand as Reference
Here the brand moves on to create differentiation on unique
functional benefits and it is given a name
Brand as Personality
Amidst the clutter of functional promise brands make
emotional appeal
Brand as Icon
Brand as Company
Brand as Policy
At this stage brand evolves beyond the business concerns to
identify with social, political and ethical issues
74. Bases for segmentation
Geographic
Mc Donald's- McAloo Tikki Burger, Mc curry Pan, Times of
India, Nilgiri Tea etc
Demographic
Age
Gender
Income
Occupation
Family size, Family life cycle
Education
Religion, Nationality
Marital status
83. Psychographic
Values & Lifestyle
Social Class, Health oriented, culture oriented, busy
professional, active outdoor enthusiast, believers, strivers
etc
Personality
Ambitious, introvert, extrovert etc
84.
85. Primary Motivation: Ideals, Achievement, and Self-Expression
The concept of primary motivation explains consumer attitudes and
anticipates behavior. VALS includes three primary motivations that
matter for understanding consumer behavior: ideals, achievement,
and self-expression. Consumers who are primarily motivated by ideals
are guided by knowledge and principles. Consumers who are primarily
motivated by achievement look for products and services that
demonstrate success to their peers. Consumers who are primarily
motivated by self-expression desire social or physical activity,
variety, and risk
Resources
A person's tendency to consume goods and services extends beyond
age, income, and education. Energy, self-confidence, intellectualism,
novelty seeking, innovativeness, impulsiveness, leadership etc play a
critical role. These psychological traits in conjunction with key
demographics determine an individual's resources. Various levels of
resources enhance or constrain a person's expression of his or her
primary motivation
86. VALS Segmentation
The four groups with higher resources
Innovators
Successful, sophisticated, active people with high self-esteem and
often prefer niche oriented products and services
Thinkers
Mature, satisfied and reflective people who are motivated by
ideals and who value knowledge and responsibility. They seek
durability, functionality and value in products
Achievers
Successful, goal-oriented people who focus on career and family.
They favor premium products that demonstrate success to their
peers
Experiencers
Young, enthusiastic, impulsive people who seek variety and
excitement. They spend a comparatively high proportion of income
on fashion, entertainment and socialising
87. Four groups with lower resources
Believers
Conservative, conventional and traditional people. They prefer
familiar products and are loyal to establish brands
Strivers
Trendy and fun loving people who are resource constrained. They
favor stylish products that emulate the purchases of those with
greater material wealth
Makers
Practical, down-to-earth and self-sufficient people who like to
work and seek products with a practical or functionality purpose
Survivors
Elderly, passive people who are concerned about change. They are
normally loyal to their favorite brands
88.
89.
90.
91.
92. Behavioral
Purchase, use occasions
Benefits
User Status
Non-user, ex-user, potential user, first time user, regular user
Usage status
light, medium and heavy user
Product knowledge
Loyalty status
Hard Core Loyal- consumers who are loyal to only one brand all the
time
Soft Core Loyal/Split loyal- consumers who are loyal to two or
three brands
Shifting Loyal- consumers who shift loyalty from one brand to
another
Switchers- consumers who show no loyalty to any brand
Attitude towards the product and Extent of involvement
93.
94.
95.
96. Market Targeting
“The Act of Developing measures of Segment
attractiveness and selecting one or more market
segments to enter”
“Process of evaluating each market segment’s
attractiveness and selecting one or more segments to
enter”
97. Evaluating/Analyzing the Market Segments
Segment Size and Growth
Segment Structural Attractiveness
(Porter’s Five Forces Segment structural Attractiveness)
98. Five patterns of Target Market Selection
Single Segment concentration
Selective Specialization
Market Specialization
Here the firm concentrates on serving many needs of
a particular customer group
Product Specialization
The firm makes a certain product that it sells to
several different market segments
Full Coverage
Undifferentiated marketing
Differentiated marketing
99. Determining how many segments to enter
Undifferentiated marketing
This involves ignoring any differences among consumers and
suggests offering just one product or service to the entire
market. This mass-marketing strategy focuses on what is
common in the needs of consumers rather than what is
different
Differentiated marketing
The marketer decides to enter several market segments, or niches
and develop separate offers for each. For instance Maruti Udyog is
producing cars for various segments. Coca-Cola and Pepsi are offering
different versions of their soft drinks
Concentrated marketing
Here the company targets a segment and goes for a large market
share. For example Recycled paper producers like Wizard India
focuses on the market for Greeting cards or wedding cards etc
100. Niche Marketing
A Niche is a more narrowly defined customer group seeking
a distinctive mix of benefits. Marketers usually identify
niches by dividing a segment into subsegments
The customers in the niche have a distinct set of needs
They will pay a premium to a firm that best satisfies their
needs
Niches are fairly small and normally attract only few
Ezee (liquid detergent for woolen clothes)
Crack Cream (primarily targeted at women for prevention and
treatment of cracked heels that develop due to inadequate
protection and care)
Himalaya Herbal Health care in ayurvedic products
D’cold NATURAL (cough syrup for kids)
Aastha (in India that targets on the basis of religion and
spirituality)
STAR Sports- (STAR Cricket for cricket lovers)
Kellogg's Special K- (for women who are fitness conscious)
Women’s Horlicks - ( New generation women balancing between
family and career)
102. A little girl is racked by a bout of coughing as Just then her sympathising aunt asks, "Ghar
mein D'cold Syrup nahin hai kya? Is mein hai
her parents get ready to summon the doctor doctor vaala tatv."
The girl is fully recovered and she celebrates
"D'cold Syrup mein hai doctor vaala tatv jispe her birthday in style as she chimes with her
sabhi bharosa karte hain. Yaani chain ki
saans."
aunt, "Is mein hai Doctor vaala tatv."
103.
104. Shot of a girl touching up She is applying eye liner ...hypnotize her, swinging in a
when suddenly a dude tries chain. whispers, "Look into my
her make up in the campus to eyes."
In a little while, the girl Product window. Elle 18, the
She snatches the chain from
cooling eye liner with a
finds him hypnotized our spellbound fellow and steady grip brush. Ellie 18,
instead . moves ahead as , "Look
Look into my eyes for eyes that hypnotize
105.
106. Market Positioning
“Positioning is the act of designing the Company’s
offer so that it occupies a distinct and valued
place in the target customer’s mind”
110. A lady admires an expensive pair of sandals. The
salesman takes...
... a closer look at her cracked heels as they settle
down to try it
The salesman shows a cheaper shoe but she insists on
the red pair. "Woh wala aapke budget mein nahi... ayga
madam", replies the man. MVO: "Afsoos, pairon ki
dararon se koi bhi aapke zindagi mein jaank sakta hai ."
111. Pesh hai Vaseline ka aviskari
ek do crack relief. Pehle liquid
saakht chamri nikale phir...
... cream dararon ko boar daale. Now, even at the jewelers
they don't refuse her
122. Marketing Communications Mix
(Promotions Mix)
4P’S
Product Place Promotion Price
Personal Sales Direct
Advertising
Selling Promotion Marketing
Personal
PR / Publicity
Selling
123. INTEGRATED MARKETING COMMUNICATIONS
“ A management concept that is designed to
make all aspects of marketing communication
work together as a unified force, rather than
permitting each to work in isolation”
124. Budget Allocation
Top-down approach
The affordable method (all you can afford method)
Arbitrary allocation
Percentage of sales method
Competitive parity method
Build-up approach (bottom-up approach)
Objective and task method
The experimental approach
125. Advertising
“ Any paid form of nonpersonal presentation and
promotion of ideas, goods & services by an
identified sponsor”
The definition highlights the following features of advertising
“ a paid form’ of presentation emphasises that advertising space or
time must be purchased
Its ‘non-personal’ nature emphasises the fact that it is not a direct
presentation to one individual but to the masses
‘ Identified sponsor’ refers to the identification of the brand or the
advertiser that is communicating
127. The Five M’s of Advertising
Mission Money Message Media
Setting
Setting Set the
Set the Determine
Determine Deciding
Deciding
Advertising
Advertising Advertising
Advertising the Key
the Key which
which
Objectives
Objectives Budget
Budget Advertising
Advertising Advertising
Advertising
Messages
Messages Media to Use
Media to Use
Evaluating
Evaluating
the Results
the Results
Measurement
of
of
Advertising
Advertising
Campaign
Campaign
128. Media Planning and Strategy
To whom do we advertise? (Target Audience)
Where do we advertise? (Geographic Area)
When do we advertise? (Scheduling)
In which media should we advertise?
Media Class- It is the generally category of message delivery system for
carrying the ad message to a selected audience such as print media,
broadcast media or outdoor media etc
Media Vehicle- It is the specific message carrier within a medium such as
Times of India, Zee etc
Media Reach- It is a measure of the number of different audience
members or households exposed at least once to a media schedule within
given period of time. Here reach is also called OTC (opportunity to see)
Media frequency- It is the average number of times that an individual or
household is exposed to a message carrying media vehicle within the
specified time period
Media Scheduling- It is concerned with timing the insertion of ads in the
selected media vehicles
Media Impact
129. Media Scheduling
Continuity
Flighting
Pulsing
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
130. Pop-Outs ; Ads which popped on the screen occupying a quarter
of the screen
131. Action Replay ; Logos that come on when replay of the last
score or the last wicket
132. On Screen Logo ; Brand Logos that pops on the
screen while a match is on
133. Push Backs ; Brand Logo popping out during the match
135. Paste-Up ; Brand logos that appears along with the score card
or graphs
136. Newspaper Advertising
Display advertising- This is a form of advertising that, more
often than not, contains graphic information, text, logos, images,
illustrations etc. It is available in many different sizes and is
spread throughout the newspaper
Classified advertising- It is grouped under subheads
classifying the product being marketed. (e.g. headings such as
employment, automobiles, real estate etc)
Special ads and inserts- These are usually ads by
government or political parties sharing their achievements, giving
notices, advocating an issue, promoting a candidate etc.
Sometimes financial reports, initial public offering
announcements etc are also published by organisations as special
advertisements
137. Paid circulation- The number of sold copies
Pass-along readership
Total audience or readership=readers per copy (total
primary+ pass along readers) circulation
Audit Bureau of circulation of India (ABC)
Registrar of newspapers for India (RNI)
The Indian newspaper society (INS)
National Readership survey (NRS) & Indian Readership
survey (IRS) by Media Research Users Council (MRUC)
138. Buying Newspaper space
Rate units- column inches or column centimeters
Standard Advertising Unit (SAU)- Square centimeter (sq cm)
Rate card- Newspapers print their rates in a document called
rate card that contains prices and descriptions for the various
ad placement options
Flat rates- standard advertising rates with no discounts
Open rate- various types and levels of discounts based on
frequency, volume, desire to sell last minute unused space etc
Contract rates- these are lower than open rates and are
offered to advertisers who plan to run a series of
advertisements in a particular period usually one year and within
a specific space purchase
139.
140. Magazine
Advertorial-(combination of advertisement and
editorial)
admazines – These magazines are published by the
advertiser with the main objective of exclusively or
selectively promoting their products. They may also
carry editorial content. Airline inflight magazines
featuring articles on destinations that the airline flies
to, carrier’s ads and related editorial articles etc
141. Magazine advertising units
few columns
half page (vertical half page, horizontal half page)
full page
quarter page
spread (two full pages opposite each other)
column inches or sq cm
island position- surrounded by editorial matter
bleed ads- where in advertisements can be
extended beyond the normal margin of the page to
the edge of the page
165. Packaging and Labeling
Package- as all the activities of designing and
producing the container for a product. A package
is the physical container or wrapping for a
product
Primary package
Secondary package
Shipping package
166. Functions of Packaging
Promoting and selling the product
Defining product identity
Providing information
Expressing benefits and features
Ensuring safe use
167. Mixed Bundling
Sometimes multiple complementary items
are bundled together in one package. Mixed
bundling is the practice of packaging
different products and services together
Price bundling
It occurs when two or more products are
placed on sale for one package
168. Blisterpack/bubble pack
These are packages with preformed plastic molds
surrounding individual items arranged on a backing
Aseptic packaging
It involves separately sterilizing the package and the
food product, and filling and sealing the package in a
sterile environment. Canning and bottling are
examples of this method, which keeps food fresh for
a particular time duration
Cause packaging
involves using packages to promote social and political
causes. The issues on the packages may be totally
unrelated to the products inside
169.
170.
171. label
A label is an information tag, wrapper, seal, or
imprinted message that is attached to a product or
its package. Its main function is to inform
customers about the product’s contents and give
directions for its use. It might contain a brand
name or information. So it is the written, printed
and graphic material on the package
Statutory component
Optional component
172.
173.
174.
175. Branding through Advergaming
Types of Advergaming
Above the Line or custom Advergaming
In this form of advergaming companies provide an interactive game
in their website to attract customers and hope that they spend
extra time on the website. The games developed by companies
feature its products so as to increase awareness about the product
among the potential customers
Below the Line Advergaming
In this type of promotion companies generally develop games
related to their products and services and distribute these to their
prospective clients
For example KID (Kindle Imagine Develop) created a video game
known as Pepsiman
Through the Line Advergaming
In this form of advergaming, URL hyperlinks are provided in the
games in order to prompt the players to visit the website which
contains advertisements
Notas del editor
The primary objective of media scheduling is to time advertising efforts so that they will coincide with the highest potential buying periods. This slide shows the three scheduling methods available to the media planner: Continuity – continuous pattern of advertising; every day, every week, or every month Flighting – intermittent periods of advertising and no advertising Pulsing – combination of the first two; continuity is maintained but at certain periods advertising is increased. A continuity schedule can be appropriate with food products, household products and products consumed on an ongoing basis. A flighting schedule is well suited to seasonal or other products that are consumed mostly during certain time periods. A pulsing schedule may be used for products that have little sales variation from period to period, but might see some increase in certain times such as cold beverages in the hot summer months.