Podcast
Questions and Answers
Which of the following is NOT considered a core element in building 'brand love'?
Which of the following is NOT considered a core element in building 'brand love'?
- Declarations of love.
- Attachment to the brand.
- Passion for the brand.
- Guaranteed lowest price. (correct)
According to the concept of 'Lovemarks', what three fundamental features should a brand possess to create strong emotional bonds?
According to the concept of 'Lovemarks', what three fundamental features should a brand possess to create strong emotional bonds?
- Appealing aesthetics, attentive customer service, and advanced technology.
- Affordability, accessibility, and adaptability.
- Aggressive marketing, consistent quality, and aspirational imagery.
- Active and inspiring beliefs, confidence, and adaptability. (correct)
A company wishes to build respect for its brand as an antecedent to brand love. Which strategy would be most effective according to the principles outlined?
A company wishes to build respect for its brand as an antecedent to brand love. Which strategy would be most effective according to the principles outlined?
- Focusing on aggressive sales tactics to boost short-term revenue.
- Prioritizing transparency in business practices and communications. (correct)
- Increasing advertising spending to highlight product features.
- Creating exclusive, limited-edition product lines to increase perceived value.
Research suggests that using sexual imagery in advertising can have different effects depending on the product. For which product type were women found to react more negatively to sexual imagery?
Research suggests that using sexual imagery in advertising can have different effects depending on the product. For which product type were women found to react more negatively to sexual imagery?
What is a potential negative consequence of using sex and violence in advertising?
What is a potential negative consequence of using sex and violence in advertising?
To improve brand memory and buying intentions when using violent ads, what strategy should be implemented?
To improve brand memory and buying intentions when using violent ads, what strategy should be implemented?
How might Hudson's Bay market itself to Gen X, based on the provided strategies?
How might Hudson's Bay market itself to Gen X, based on the provided strategies?
What is the main idea behind Hudson Bay's campaign targeting urban millennials?
What is the main idea behind Hudson Bay's campaign targeting urban millennials?
Which of the following best illustrates the primary goal of public relations in marketing communications?
Which of the following best illustrates the primary goal of public relations in marketing communications?
A company aims to create a unified marketing approach by coordinating all marketing communication methods. This strategy is best described as:
A company aims to create a unified marketing approach by coordinating all marketing communication methods. This strategy is best described as:
Which of the following promotional activities is designed to create an immediate reaction from consumers?
Which of the following promotional activities is designed to create an immediate reaction from consumers?
A business is developing a statement that describes the organization's long-term aspirations and what it hopes to become. This is best described as a:
A business is developing a statement that describes the organization's long-term aspirations and what it hopes to become. This is best described as a:
What is the primary distinction between consumer promotion ('pull') and trade promotion ('push')?
What is the primary distinction between consumer promotion ('pull') and trade promotion ('push')?
Which of the following marketing communications provides the greatest opportunity to handle customer inquiries effectively and directly?
Which of the following marketing communications provides the greatest opportunity to handle customer inquiries effectively and directly?
A company sponsors a local marathon, gaining brand visibility and associating with a healthy lifestyle. This is an example of:
A company sponsors a local marathon, gaining brand visibility and associating with a healthy lifestyle. This is an example of:
Which factor has significantly contributed to the growing importance of Integrated Marketing Communications (IMC)?
Which factor has significantly contributed to the growing importance of Integrated Marketing Communications (IMC)?
Which of the following factors directly influences corporate strategies?
Which of the following factors directly influences corporate strategies?
Which external influence does NOT affect all levels of marketing planning?
Which external influence does NOT affect all levels of marketing planning?
What is a key reason marketing plans vary significantly across different organizations?
What is a key reason marketing plans vary significantly across different organizations?
How does the understanding of consumer behaviour directly benefit Integrated Marketing Communications (IMC) strategies?
How does the understanding of consumer behaviour directly benefit Integrated Marketing Communications (IMC) strategies?
How do marketers utilize the understanding of consumer attitudes to enhance their product positioning?
How do marketers utilize the understanding of consumer attitudes to enhance their product positioning?
What impact does the desire to conform to reference or peer groups have on consumer behaviour?
What impact does the desire to conform to reference or peer groups have on consumer behaviour?
Why have marketing organizations adopted double targeting strategies in response to family influences?
Why have marketing organizations adopted double targeting strategies in response to family influences?
Which of the following profiles is NOT utilized in a marketing plan's target market profile?
Which of the following profiles is NOT utilized in a marketing plan's target market profile?
What role does a positioning strategy play in the components of a marketing plan?
What role does a positioning strategy play in the components of a marketing plan?
Which analysis is utilized in the IMC plan's situational analysis?
Which analysis is utilized in the IMC plan's situational analysis?
What encompasses a brand, as it makes a unique offer to customers?
What encompasses a brand, as it makes a unique offer to customers?
How does a good brand reputation primarily arise?
How does a good brand reputation primarily arise?
At which stage of brand loyalty will a consumer postpone a purchase if their preferred brand is unavailable?
At which stage of brand loyalty will a consumer postpone a purchase if their preferred brand is unavailable?
Which factor does NOT significantly influence brand equity?
Which factor does NOT significantly influence brand equity?
How does a Unique Selling Point (USP) primarily benefit an organization's brand?
How does a Unique Selling Point (USP) primarily benefit an organization's brand?
Which of the following best describes the primary purpose of 'editing' in the data transfer and processing stage of research?
Which of the following best describes the primary purpose of 'editing' in the data transfer and processing stage of research?
In the context of data analysis, what is the key difference between data analysis and data interpretation?
In the context of data analysis, what is the key difference between data analysis and data interpretation?
Which of the following is the MOST subjective method a client might initially use to evaluate an advertising agency’s creative idea?
Which of the following is the MOST subjective method a client might initially use to evaluate an advertising agency’s creative idea?
A client is evaluating a proposed advertisement. Which question BEST addresses whether the ad aligns with strategic marketing goals?
A client is evaluating a proposed advertisement. Which question BEST addresses whether the ad aligns with strategic marketing goals?
Which of the following BEST describes the purpose of pretesting in advertising research?
Which of the following BEST describes the purpose of pretesting in advertising research?
In advertising research, what is the MAIN difference between recognition and recall tests?
In advertising research, what is the MAIN difference between recognition and recall tests?
What specific aspect of readership does the 'associated' measure in the Starch Readership Test evaluate?
What specific aspect of readership does the 'associated' measure in the Starch Readership Test evaluate?
Which type of testing would be MOST suitable for gauging immediate emotional responses to an advertisement?
Which type of testing would be MOST suitable for gauging immediate emotional responses to an advertisement?
In the context of online advertising, what is the significance of the 'click-through rate'?
In the context of online advertising, what is the significance of the 'click-through rate'?
What does the use of a 'cookie' enable an organization to do in the context of measuring direct response communications?
What does the use of a 'cookie' enable an organization to do in the context of measuring direct response communications?
When evaluating social media advertising, what does 'share of voice' primarily measure?
When evaluating social media advertising, what does 'share of voice' primarily measure?
In assessing the impact of social media, what is the meaning of 'conversion'?
In assessing the impact of social media, what is the meaning of 'conversion'?
Besides increasing short-term sales, what is another primary goal of sales promotions?
Besides increasing short-term sales, what is another primary goal of sales promotions?
Which of the following is a direct measure of the effectiveness of a sales promotion?
Which of the following is a direct measure of the effectiveness of a sales promotion?
When evaluating public relations efforts, what is the primary function of a 'clipping service'?
When evaluating public relations efforts, what is the primary function of a 'clipping service'?
Which positioning strategy focuses on communicating the significant features and advantages of a product to the intended market?
Which positioning strategy focuses on communicating the significant features and advantages of a product to the intended market?
A company decides to reposition its product to be viewed as more environmentally friendly than its competitors. Which positioning strategy is the company employing?
A company decides to reposition its product to be viewed as more environmentally friendly than its competitors. Which positioning strategy is the company employing?
What are the two essential factors that define the information transfer process in building brand loyalty?
What are the two essential factors that define the information transfer process in building brand loyalty?
Which of the packaging roles primarily contributes to building consumer trust and loyalty?
Which of the packaging roles primarily contributes to building consumer trust and loyalty?
How does brand design contribute to the overall brand experience?
How does brand design contribute to the overall brand experience?
In the context of encoding marketing messages, what role does research play?
In the context of encoding marketing messages, what role does research play?
Which of the following scenarios constitutes 'noise' in the context of marketing communications?
Which of the following scenarios constitutes 'noise' in the context of marketing communications?
According to the DAGMAR model, what is the primary purpose of an advertising goal?
According to the DAGMAR model, what is the primary purpose of an advertising goal?
What is the correct sequence of steps in the ACCA model?
What is the correct sequence of steps in the ACCA model?
In the marketing communications planning process, who typically develops the advertising plan?
In the marketing communications planning process, who typically develops the advertising plan?
What is the primary purpose of a creative brief?
What is the primary purpose of a creative brief?
An advertising objective is written as 'to achieve an awareness level of 60% for Brand X in the defined target market within 12 months of product launch.' What characteristic of a good advertising objective does this statement exemplify?
An advertising objective is written as 'to achieve an awareness level of 60% for Brand X in the defined target market within 12 months of product launch.' What characteristic of a good advertising objective does this statement exemplify?
Which component of the creative strategy focuses on how the message will be communicated to the target audience?
Which component of the creative strategy focuses on how the message will be communicated to the target audience?
What is the main goal of a media plan?
What is the main goal of a media plan?
What does 'validity' mean in the context of marketing research?
What does 'validity' mean in the context of marketing research?
Which of the following best describes 'brand resonance'?
Which of the following best describes 'brand resonance'?
Which of the following is an example of attitudinal attachment to a brand?
Which of the following is an example of attitudinal attachment to a brand?
A company wants to increase brand awareness through recognition. Which strategy would be MOST effective?
A company wants to increase brand awareness through recognition. Which strategy would be MOST effective?
Which of the following metrics is LEAST likely to provide a quantitative evaluation of event marketing and sponsorships?
Which of the following metrics is LEAST likely to provide a quantitative evaluation of event marketing and sponsorships?
Which of the following is NOT a typical measure of the overall success of Integrated Marketing Communications (IMC)?
Which of the following is NOT a typical measure of the overall success of Integrated Marketing Communications (IMC)?
What is the main principle behind the strategy of 'mixing and matching' marketing communications?
What is the main principle behind the strategy of 'mixing and matching' marketing communications?
A local bakery wants to increase its online presence. Which of the following interactive marketing communication options would be BEST suited for this purpose, considering their limited budget?
A local bakery wants to increase its online presence. Which of the following interactive marketing communication options would be BEST suited for this purpose, considering their limited budget?
What is the primary aim of consumer insights in the context of marketing strategy?
What is the primary aim of consumer insights in the context of marketing strategy?
Which of the following is a potential disadvantage of using interactive marketing communications for brand building?
Which of the following is a potential disadvantage of using interactive marketing communications for brand building?
In the RBG business case, what critical insight should the team consider when addressing the Canadian market, given the dominance of scratch baking?
In the RBG business case, what critical insight should the team consider when addressing the Canadian market, given the dominance of scratch baking?
Why is contextual placement considered an advantage of internet marketing?
Why is contextual placement considered an advantage of internet marketing?
Which of the following strategies would best leverage the 'kid request' purchase driver in the Canadian market for Pillsbury products?
Which of the following strategies would best leverage the 'kid request' purchase driver in the Canadian market for Pillsbury products?
How might a brand leverage increased marketing communication effectiveness to strengthen brand equity?
How might a brand leverage increased marketing communication effectiveness to strengthen brand equity?
A company wants to use its website to provide 'reasons-to-believe' for its product claims. Which aspect of the brand resonance model are they primarily targeting?
A company wants to use its website to provide 'reasons-to-believe' for its product claims. Which aspect of the brand resonance model are they primarily targeting?
In today's evolving marketing landscape, which factor contributes most significantly to the decline in effectiveness of traditional TV advertising?
In today's evolving marketing landscape, which factor contributes most significantly to the decline in effectiveness of traditional TV advertising?
How can interactive marketing communications be MOST effectively utilized to foster brand resonance?
How can interactive marketing communications be MOST effectively utilized to foster brand resonance?
According to the macro perspectives for marketing communication, what does 'commonality' refer to?
According to the macro perspectives for marketing communication, what does 'commonality' refer to?
What constitutes 'brand knowledge' from a consumer perspective?
What constitutes 'brand knowledge' from a consumer perspective?
According to the Brand Resonance Pyramid, what does 'brand salience' primarily measure?
According to the Brand Resonance Pyramid, what does 'brand salience' primarily measure?
What does 'complementarity' in marketing communications refer to?
What does 'complementarity' in marketing communications refer to?
A new brand is launching a marketing campaign. They want to ensure their message resonates with a diverse audience. Which element of the macro perspective of marketing communications is MOST relevant to consider?
A new brand is launching a marketing campaign. They want to ensure their message resonates with a diverse audience. Which element of the macro perspective of marketing communications is MOST relevant to consider?
Which element of the Brand Resonance Pyramid focuses on how well the product meets the functional needs of customers?
Which element of the Brand Resonance Pyramid focuses on how well the product meets the functional needs of customers?
How do strong brands typically respond to price increases, compared to weaker brands?
How do strong brands typically respond to price increases, compared to weaker brands?
Which situation demonstrates the concept of behavioral loyalty?
Which situation demonstrates the concept of behavioral loyalty?
What is the key difference between customer satisfaction and customer loyalty, as discussed in the content?
What is the key difference between customer satisfaction and customer loyalty, as discussed in the content?
What is 'advertising equivalency' intended to measure?
What is 'advertising equivalency' intended to measure?
Which of the following reflects 'brand image' in the context of brand knowledge?
Which of the following reflects 'brand image' in the context of brand knowledge?
A Brand Manager is developing advertising and wants to achieve top of mind awareness. Which of the following strategies would be MOST effective?
A Brand Manager is developing advertising and wants to achieve top of mind awareness. Which of the following strategies would be MOST effective?
In the Brand Resonance Pyramid, which level represents the customers' personal opinions and evaluations of the brand?
In the Brand Resonance Pyramid, which level represents the customers' personal opinions and evaluations of the brand?
Which of the following marketing communication methods provides an indirect way for firms to inform, persuade, and remind consumers about the products and brands they sell?
Which of the following marketing communication methods provides an indirect way for firms to inform, persuade, and remind consumers about the products and brands they sell?
Flashcards
Advertising
Advertising
Paid persuasive marketing to get a positive response from a target market.
Direct Response Communications
Direct Response Communications
Delivering a message to a single member of the target audience.
Sales Promotion
Sales Promotion
Special incentives to get an immediate reaction from consumers and distributors.
Personal Selling
Personal Selling
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Public Relations
Public Relations
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Experiential Marketing
Experiential Marketing
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Digital Communications
Digital Communications
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IMC Mix
IMC Mix
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Brand Feelings
Brand Feelings
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Brand Resonance
Brand Resonance
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Behavioral Loyalty
Behavioral Loyalty
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Attitudinal Attachment
Attitudinal Attachment
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Sense of Community
Sense of Community
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Active Engagement
Active Engagement
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Mix and Match Marketing
Mix and Match Marketing
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Increase Brand Awareness
Increase Brand Awareness
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Microsite
Microsite
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Search Ads
Search Ads
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Display Ads
Display Ads
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Interstitials
Interstitials
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Internet Specific Ads and Videos
Internet Specific Ads and Videos
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Sponsorships
Sponsorships
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Alliances
Alliances
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Product Differentiation
Product Differentiation
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Brand Leadership
Brand Leadership
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Head-on (comparative) Positioning
Head-on (comparative) Positioning
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Innovation Positioning
Innovation Positioning
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Price (value) Positioning
Price (value) Positioning
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Lifestyle (image) Positioning
Lifestyle (image) Positioning
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Repositioning
Repositioning
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Brand Building
Brand Building
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Roles of Packaging
Roles of Packaging
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Brand Design
Brand Design
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DAGMAR
DAGMAR
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The ACCA Model
The ACCA Model
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The Creative Brief
The Creative Brief
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Media Planning
Media Planning
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Sampling Frame
Sampling Frame
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Editing (Data)
Editing (Data)
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Data Transfer
Data Transfer
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Tabulation
Tabulation
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Frequency Distribution
Frequency Distribution
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Cross Tabulation
Cross Tabulation
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Data Analysis
Data Analysis
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Data Interpretation
Data Interpretation
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Pre-testing
Pre-testing
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Post-testing
Post-testing
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Recognition Test
Recognition Test
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Recall Test
Recall Test
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Starch Readership Test
Starch Readership Test
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Cookie (Online)
Cookie (Online)
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Impression (Ad Views)
Impression (Ad Views)
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Attitude Positioning
Attitude Positioning
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Brand Definition
Brand Definition
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Brand Loyalty
Brand Loyalty
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Brand Equity
Brand Equity
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Brand Core Values
Brand Core Values
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Brand Positioning
Brand Positioning
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Needs & Motives
Needs & Motives
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Brand Reputation
Brand Reputation
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Attitudes Influence
Attitudes Influence
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Perceptions in Marketing
Perceptions in Marketing
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Reference / Peer Groups
Reference / Peer Groups
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Family Influence
Family Influence
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Positioning Strategy
Positioning Strategy
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Unique Selling Point (USP)
Unique Selling Point (USP)
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Consumer Behaviour
Consumer Behaviour
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Advertising Equivalency
Advertising Equivalency
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Event Marketing Measures
Event Marketing Measures
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IMC Measurement
IMC Measurement
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Consumer Insights
Consumer Insights
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Adding Brand Value
Adding Brand Value
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Marketing Communications
Marketing Communications
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Communication Types
Communication Types
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Brand Knowledge
Brand Knowledge
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Brand Knowledge Components
Brand Knowledge Components
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Brand Salience
Brand Salience
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Brand Performance
Brand Performance
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Brand Imagery
Brand Imagery
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Brand Judgements
Brand Judgements
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Brand Salience
Brand Salience
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Consumer Loyalty
Consumer Loyalty
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Brand Love
Brand Love
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Lovemarks
Lovemarks
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Trigger Respect
Trigger Respect
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Emotional Bonds
Emotional Bonds
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Sex and Violence in Ads
Sex and Violence in Ads
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Ad Content Congruence
Ad Content Congruence
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Timelessness Meets Modernity
Timelessness Meets Modernity
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Study Notes
- Advertising is a paid form of persuasive marketing communication designed to elicit a favorable response from a specific target market.
- Product advertising aims to promote specific goods or services.
- Promotional advertising is a broader category focused on enhancing the overall brand image or awareness.
- Direct response communications target individual consumers with tailored messages.
- Direct mail involves sending promotional materials directly to consumers' addresses.
- Direct response television utilizes television commercials to prompt immediate action from viewers.
- Telemarketing involves contacting potential customers via telephone to promote products or services.
- Mobile communications employ mobile devices to deliver marketing messages to target audiences.
- Sales promotions offer special incentives to drive immediate sales from consumers and distributors.
- Consumer promotions are designed to create demand by enticing consumers.
- Trade promotions motivate distributors to stock and promote a company's products.
- Personal selling involves direct interaction between a seller and a buyer, delivering a personalized message.
- Features, attributes, and benefits of a product or service are presented
- A personal component is added to the buying experience.
- Consumer inquiries are handled effectively,
- Distribution and availability is secured for the product.
- Public relations focuses on building public understanding and acceptance through various communication efforts.
- Messages are placed in media without direct payment.
- Gaining legitimacy is the goal.
- Managing crises is also included.
- Experiential marketing engages consumers with a brand on a personal level.
- Event marketing involves planning, organizing, and promoting events for a company or brand.
- Sponsorship provides financial support to an event in exchange for marketing privileges.
- Digital communications use electronic devices to connect with target markets.
- The internet can be used for marketing.
- Smart phones can also be used for marketing.
- Customer relationship management (CRM) is used in this type of marketing.
- The IMC Mix is the coordination of all marketing communications to maximize impact on the target audience.
Factors Encouraging IMC
- Changing consumer media habits drive the need for integrated marketing communications.
- Social media's widespread adoption and engagement encourage IMC strategies.
- Mobile communications provide new avenues for reaching consumers, furthering IMC.
- Database management techniques and CRM enable personalized messaging, supporting IMC.
- The need for efficiency and accountability in marketing efforts promotes IMC adoption.
Strategic Planning Process
- Integrating a strategic plan is important to achieve short and long-term goals.
- A corporate plan is a strategic plan developed at the executive level to guide functional plans.
- A mission statement defines an organization's purpose and operating philosophy.
- The vision statement outlines what an organization aspires to become.
- Corporate objectives are statements of a company's overall goals, used to evaluate the effectiveness of the strategic plan.
- Goals are financially based and can be either quantitative or qualitative in nature.
- Examples of corporate objectives include sales revenues, market share, return on investment, and social responsibility.
- Factors influencing corporate strategies include marketing strength, competition, financial resources, R&D capabilities, and managerial commitment.
External Influences
- Economic conditions can impact the planning process.
- Competitor activity influences planning decisions.
- Demographic trends affect marketing strategies.
- Social changes impact consumer preferences and behaviors.
- Technology advancements shape communication channels and marketing techniques.
- Laws and regulations impose constraints and requirements on marketing activities.
Marketing Planning: Format
- Marketing plans vary in length, detail, and content.
- Content is modified to suit the needs of each organization
- Marketing plans commonly consist of a marketing background section and the marketing plan.
Consumer Behaviour
- Consumer behavior involves exploring how, what, when, and why people make purchases.
- Applying knowledge is applied directly in the development of marketing strategies
- Information is key.
- Needs are the absence of something useful
- Motives prompt action to satisfy their need
Personality
- Personality includes psychological characteristics that lead to relatively consistent and enduring responses to the environment in which they live.
- The real self is how a person actually is.
- Self image is how you see yourself.
- Looking glass self is how you think others see you.
- Ideal self is how you want to be.
- Attitudes are an individual's feelings toward an object or idea.
- Attitudes are influenced by people they trust, friends, trendsetters, and opinion leaders.
- Products should be positioned to meet target audience attitudes and expectation.
- Perceptions affect how individuals receive and interpret messages.
- Selective exposure means you only notice things that interest you.
- Selection perception means you screen out messages that conflict with your attitudes.
- Selective retention means you only remember what is important to you.
- Reference / Peer Groups influence attitudes and behaviors of members through shared interests.
- Family Influence occurs when each family member influences each other's behavior.
- Marketing organizations use double targeting because roles and responsibilities of family members have changed.
Marketing Plan: Target Market Profile
- Key profiles include demographic, psychographic, geographic, and behavioral response.
Marketing Plan Components
- Positioning strategy motivates purchase, or the image that marketers desire a brand to have in the mind of consumers.
- It can be the selling concept that motivates purchase
- Statement can impact on the nature of the message delivered to consumer
- You also need a clear target market profile,
- Set marketing objectives,
- Create marketing strategies,
- Make sure you have marketing execution (tactics),
- Define budget and financial summary
- Put in place evaluation and control procedures.
IMC Plan
- A situation analysis needs to be performed, including an analysis of the corporate vision, mission and objectives.
- There needs to be an external industry analysis (PEST).
- Consumer needs to be analyzed,
- Conduct Research,
- Outline consumer behaviors,
- Plan for segmentation, perform competitive analysis and company analysis,
- Create an advertising, direct response, sales promotions, public relations, experiential, personal selling strategy.
Defining the Brand
- A brand is the sum of tangible and intangible characteristics that make a unique offer to customer.
- This includes brand name, brand logo, and the trademark.
Brand Image
- Brand Image and Reputation provide customers with assurance of quality and express the brand values.
- A good reputation is consistent with marketing and communication efforts.
- Brand Loyalty is the degree of consumer attachment to a particular brand.
- Stages of Brand Loyalty:
- brand recognition: consumer is aware of the name, benefit and package,
- brand preference: brand is top of mind and considered a good alternative (consumer will buy if available),
- brand insistence: consumer buys one brand only and if not available purchase is postponed.
Brand Equity
- Brand Equity is the value of a brand to its owners.
- It is is influenced by awareness, customer loyalty, perceived quality, association with a certain attribute.
Benefits of Branding
- For consumers, a brand name suggests a certain level of quality, so consumers know what to expect
- They also get psychological rewards (eg. Buying a BMW might suggest the owner has achieved some goal)
- Brands are distinguished against competitive offerings which allows brands to make informed decisions on what a brand stands for.
- For the organization, there are many ways that brands can provide a unique selling point against competitors.
- Image can be develope (eg. Nike suggests spirit)
- Repeat purchase and loyalty happen from satisfied customers.
- Build brand loyalty and brand equity – alter, expand and rejuvenate brands to retain their position in the marketplace
Building the Brand
- First, identify brand values and positioning strategies, which require identifying key attributes and benefits, clearly state what the brand will do for consumers.
- Second, plan and implement the marketing program – develop an integrated plan that draws upon key elements of the marketing mix and design and execute the marketing communications mix
- Third, measure and evaluate brand performance – evaluate the results against planned objectives, including loyalty, market share and sales
- Alter, expand and rejuvenate brands to retain their position in the marketplace
Brand Core Values
- Core Values are the primary attributes and benefits a brand delivers.
- Attributes are descriptive features.
- Benefits are the value consumers attach to a brand attribute.
- Brand Positioning is the selling concept that motivates purchase, or the image that marketers desire a brand to have in the minds of consumers.
- Strategy is influenced by brand’s core values, attributes, and benefits.
- A good positioning strategy clearly differentiates a brand from all competing brands.
Importance of Positioning
- Positioning Strategies may include product differentiation (plan of action for communicating meaningful attributes and benefits of a product to a target market), brand leadership, head-on (comparative), innovation, price (value) - consumers search for the best possible value given their economic circumstances and lifestyle (image).
- Repositioning is a strategy used to changing the place a product occupies in the customers mind, relative to competing products
Planning and Implementing
- Building brand loyalty and firmly positioning a brand requires effective marketing programs.
- These activities produce strong, favorable associations with a brand in a consumers memory
- This is an information transfer process that considers 2 essential factors, including decisions to be made concerning employment of various brand elements and the development of marketing strategies to communicate brand values and positioning
Packaging and Brand Building
- A good package design helps build a brand.
- The "look" should be instilled in the customers mind which helps differentiate a brand
- Packaging is important to maintain brand identity across product lines and its growing influence on purchase decisions are important to consumer touchpoint creating familiarity, trust and consumer loyalty
- Roles of Packaging include protecting the product, marketing the product, providing convenience, and being environmentally friendly
Branding by Design
- The look and style can be a key influencer
- Brand design integrates the brand experience into the product or service
- Taking creative and innovative approaches to design creates a unique brand experience.
Encoding
- First, you need lots of smart, insightful analysis.
- Second, use research to aid in gathering information.
- Third, creative team does their thing
Noise Examples
- Some examples include a message not in line with customer attitudes, the inability to reach intended target with desired frequency, competition message more convincing and having a higher share of mind + with more spending, and new competition
- DAGMAR (Defining Advertising Goals for Measured Advertising Response) is used when an advertising goal is a specific communication task to be accomplished among a defined audience in a given period. Task should be measurable with benchmarks to assess achievements.
ACCA Model
- Awareness needs to generated,
- Comprehension of the product,
- Consumers need to be convinced to buy and then
- Encouraged to action and buy.
- The FCB Grid can be used
Marketing Communications Planning Process
- Plan using Marketing background, Marketing plan, Advertising problem, Advertising plan, Creative plan and a paid for media delivered message by an identified sponsor designed to stimulate a positive response from a target audience
- Advertising plan is usually developed by an external advertising agency
- Media Plan needs media objectives, Media strategy, and Media execution
- The Creative Brief is a starting point for any new advertising project containing information about the advertising task and can be changed based on the direction determined between client and agency
- Advertising plans are designed to resolve brand problem or pursue brand opportunity and contain: problem statement summarizing what needs to be resolved or opportunity to pursue and Overall goal outlining what the campaign will achieve
Challenges
- Challenges can include creating and increasing brand awareness, altering current consumer perceptions, presenting a new image, launching a new product, attracting a new target market, and encouraging trial purchase
- Determined once problem or overall goal has been identified and Should be quantitative in nature or have ability to be measured
- Statement identifies key brand benefits, states what brand stands for, and states the brands personality
- Creative Objective are statements that indicates information to the target audience and include a statement indicating the key benefit statement / the benefit/the promise, a support claims statement / the substantiation, proof of promise
- Creative Strategy is used to search for BIG IDEA and should outline how the message will be communicated.
- Central theme
- Tone and style
- Appeal techniques: positive, humorous, emotional, lifestyle etc
- Creative Execution decisions are made on how to best present the message.
- Executional tactics: Product demonstrations, Testimonials, Endorsements, Taglines and slogans
- The message must be presented in brief.
Media Planning
- Plan to communicate a message to the right people, at the right time, with the right frequency
- Goal is to be efficient and Gain maximum exposure at minimum cost
- The Media Brief requires you to know the market profile, competitor media strategy, the nature of the message, have a geographic priority (national coverage, regional, key market – how to divide budget),
- Know your target market profile,
- Set media objectives,
- Set the media budget.
- Timing of ads: SKIP, PULSE, BLITZ (decreasing), BUILD UP (increasing), SEASONAL, CONTINUOUS
- Reach: total audience exposed to message in period
- Frequency: avg number of times message has been exposed to audience
- Gross rating points: expression of weight (reach x frequency)
- Continuity: length of time required to generate impact on a target
- Shotgun strategy
- Profile matching strategy
- Rifle strategy
Marketing Research
- It is used to reduce or eliminate the uncertainty and risk associated with making business decisions
- There is a marketing function that links the consumer/customer/public to the marketer through information used to define marketing opportunities and problems, generate marketing strategies, evaluate marketing actions and monitor performance
- Scientific method implies data generated in reliable and valid
- Reliability: degree of similarity of results achieved if another study was undertaken under similar circumstances
- Validity: a research procedures ability to measure what it is intended to measure
Primary Research
- Involves the collection and recording of new data that is custom designed and focuses on resolving a particular question or obtaining specified information
- Primary Data: information collected to resolve a problem and recorded for the first time. - Steps include defining the problem / laying out Objectives and Hypotheses
- You need a research objective: a statement that outlines what the marketing research is to accomplish and a Hypothesis: a statement of outcomes predicted in a marketing research investigation
- In Sample Design, researchers identify characteristics of people they want to participate in the study by defining the Population (Universe), Identifying the Sampling Frame, Determining the Type of Sample, and Determining the Sample Size
- For Data Collection, gather data through surveys, observation, and experiment and use personal mail, telephone or online surveys
- The next stage in research involves the editing, data transfer and tabulation
- Tabulation: the process of counting various responses for each question (Frequency distributions - # of times each answer was chosen; Cross tabulations – comparison and contrast of answers
- Data analysis – evaluating responses question by question, a process that gives meaning to the data and interpreting – relating accumulated data to the problem under review and to the objectives and hypothesis of the research study
- Findings are presented in a written report format, inlude recommendations for certain courses of action / May also include a visual presentation
Measuring and Evaluating Advertising Messages
- The first step is evaluation of agency creative idea by the client
- Client evaluations can be subjective or rely on the opinion of brand managers, marketing directors and presidents as well as a qualitative assessment by client to determine if the message conforms to the strategic direction.
- Clients evaluating creative may apply the following questions:
- Does the content of the ad communicate the creative objectives and reflect positioning strategy?
- Does the ad mislead or misrepresent the intent of the message?
- Is the ad memorable?
- Is the brand recognition effective?
- Should the advertisement be researched?
- External Research Techniques and Procedures include pre testing and post testing the ad.
- Recognition and Recall Testing checks the awareness of a brand, copy, or of the advertisement itself with respondents.
- There is also measurement of the impact of the advertising with a recall test Respondents are tested for comprehension and can be aided or unaided
- The process includes starch readership and Day-after tests.
- Opinion-Measure Testing measures attitudinal components.
- The Physiological-Response Tests include eye movement-camera test and Pupilometer test.
- Measuring and Evaluating Direct Response Communications are achieved through toll free number inquiries or website address, response card returns Internet evaluations using Cookies (tracking online responses), Impression (Ad Views), Clicks (Click throughs), and Click (Click through) Rate (% of impressions that result in a click).
- Internet campaign can also be evaluated by increases in web traffic, length of visit, time spent on a site, page views
Measuring the Impact of Social Media Advertising
- Social media Is more about engagement and conversation than selling a product
- Measure using ongoing analytics which track activity over time and Campaign focused metrics to generate concrete numbers
- Can be measured by number of people actually interacted with a message
- Share of voice – how large a share of the conversation brand has when compared to competitors
- Conversion – how many people actually took the desired action after exposure to a message
- Also measure the Viral nature can also measure success
- Measuring and Evaluating Sales Promotions is intended to increase sales in the short term and brand loyalty in the long term, but are also measured by redemption rates on coupon offers, Numbers of entries to contests, Number of cash rebate forms returned, and Effective use of point-of-purchase material
- Measuring and Evaluating Public Relations occurs through a clipping service, number of impressions based on circulation of medium, website traffic and social media mentions, and advertising equivalency : a mathematical model that equates public relations to an advertising value
- Measuring and Evaluating Event Marketing and Sponsorships is difficult to evaluate on a quantitative basis with common measures like: ability to effectively reach the target market, awareness created and association with the event, image enhancement or perceptions due to participation, and impact on brand sales
- Measuring the Integrated Marketing Communication Effort occurs through: analyzing Market share, Productivity, Sales and Profitability, Customer Satisfaction Levels and Social Responsibility
Challenges Ivan Guillen faces for the RBG business
- Recent flat volume growth
- Household penetration is at a 5 year low
- Scratch baking is a consumer preference in Canada
- Major market differences between Canadian and US markets meaning the US campaigns can't be applied / arent working
- Some consumer insights help brand teams gain a better understanding of preferences, attitudes and behaviors of customers and can get results are analyzed to align marketing strategies with consumer needs
- Studies can be be both Quantitative (relationship between 2 variables using questionnaires or web surveys – more generalizable) or Qualitative ( done with focus groups and ethnographies, goes more in depth and is used to confirm what they think they already know)
- GMCC also likes concept tests – concepts are presented to consumers and then evaluated quantitatively for purchase intent
- Consumer surveys that focus on the frequency of product purchase and use, desirable product attributes and product strengths and weaknesses
- Campaigns need to market it less as a convenience item because clearly people have the time for scratch baking, instead market them as "homemade cookies with less mess"
- Top 4 purchase drivers:
- Kid request is higher in Canada: Pillsbury doughboy is already a cute, recognizable and kid friendly icon just need the ads to lean more into stuff that kids would like featuring the Pillsbury dough boy, could do a Christmas cookie campaign with Santa
- Convenience is important for 79% of users, need to take a different approach
- Quality is not as important in Canada – campaigns could be less product focused and more family focused about how they bring family together and save time on clean up and spend more time enjoying them and could also feature kids asking for them and parents saying yes
- Target pillsbury as a shortcut to homemade to target both people using it for convenience and scratch bakers and moms
- enhance emotional connections in branding – moms, kids, being together as a family
- develop canadian specific advertising of this nature
- Research consumer insights for the Canadian market and develop advertising campaign
Role of Branding
- Added value: improved perceptions of product performance, greater customer loyalty, less vulnerability to competitive marketing actions and marketing crises, larger margins, more elastic customer response to price decreases and inelastic customer response to price increases, greater trade or intermediary cooperation and support, increased marketing communication effectiveness, additional licensing and brand extension opportunities.
- There is increased marketing communication effectiveness because of the added value
Changing marketing communications environment
- Marketing communications are the means by which firms attempt to inform, persuade and remind consumers – directly or indirectly – about the products and brands they sell.
- Some communications types include Advertising, sales promotion, events and experiences, PR and publicity, direct marketing, interactive marketing, word of mouth, and personal selling
- TV advertising is declining because of fragmentation of audiences and the internet
- Consumers have increasing control of their media environment.
- Knowledge includes thoughts, feelings, perceptions, images, experiences and so on that become linked to the brand in the minds of consumers
Components of brand knowledge
- Need to build brand awareness- strength of the brand node or trace in memory as reflected by consumers’ ability to recall or recognize the brand under different conditions
- Build positive brand image- consumer perceptions of and preferences for a brand, as reflected by the various types of brand associations held in consumers’ memory
- Mixing and Matching marketing communications is important to build brand equity – that is, choose a variety of different communication options that share common meaning and content but also offer different, complementary advantages so that the whole is greater than the sum of the parts.
Branding with interactive marketing communications
- Options include websites, microsites, search ads display ads, interstitials, internet ads and videos, sponsorships, alliances, on line communities, email and mobile marketing
- The Internet offers the advantage of contextual placement, or sites for ad placement that are related to the marketer’s offerings.
- improve both breadth and depth of brand awareness / Web is especially effective at reaching consumers during the day
- It is difficult to have off-line impact
- Websites allow marketers to provide much detail and supporting reasons-to-believe for any advertised claims, even providing direct comparisons to competitors on prices, designs and performance
Resonance
- Interactive marketing communications is perhaps most useful in terms of creating resonance in that it permits daily or frequent encounters and feedback opportunities for consumers with a brand
- Things that lead to brand love includPassion for the brand, attachment to the brand, positive evaluations about the brand, positive emotions, declarations of love, identification with the brand trust in and commitment to the brand
- Antecedents of brand love include triggering respect by being transparent and strive to create strong emotional bonds with their (potential) consumers, offering them more than mere rational arguments or product benefits
Features of a Lovemark
- Have active and inspiring beliefs, seeks to make the world a better place
- Confidence rooted in their ability to do things
- Remain vibrant despite changes the world is undergoing because they are adaptable
- The Hudson's Bay campaign highlights how it stays true to its legacy while evolving to meet the aspirations of stylish millennials
- The goal to focus on premium and authentic brands reflects offering only the best.
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Description
Explore core brand love elements, Lovemark features (respect, love, mystery), and marketing strategies. Analyzing the impact of sexual imagery and violence in advertising. Examining Hudson Bay's marketing campaigns to Gen X and urban millennials.