Sunday, May 2, 2010

ROLE OF COMMUNICATION-PROCESS IN DEVELOPING EFFECTIVE PROMOTION:

Role of Communication-Process in Developing Effective Promotion:

1)   Form of Message can be:
a)   Physical,
b)   Verbal,
c)    Audio,
d)   Visual etc;

2)   Channels are Limitless. e.g. Voice, Print, Busses, Mail. Sms, etc;
3)   Level of Recipient, his interests, & Capability must be kept in mind,
4)   Objective must be clearly defined,
5)   To measure the Feedback Results,

The Promotion Mix:

A Combination  OF :

a)   Personal Selling,
b)   Advertising,
c)    Sales Promotion,
d)   Publicity, etc;

Factors to be Considered:
1)  Target-Market:

a)   Readiness to Buy:
The Entire Target-Market goes through the following ‘Buying-Stages’
Like an individual, called ‘Hierarchy of Effects.’
                                                i.        Awareness Stage:
The Sellers’ Task is to let the Consumer know about the
Product & its Brand,
                                              ii.        Knowledge Stage:
Consumer learns about the Product-Features,
                                             iii.        Liking Stage:
It refers to how the Market feels about the Product,
                                             iv.        Preference Stage:
It distinguish among Brands, so that your Brand gains Preference.
                                               v.         Conviction:
Actual Decision or intention to Purchase, can be strengthened by Sampling, Giveaways, Free Software as a gift, etc;
                                             vi.        Purchase:
It can be Delayed. Use Promotion like Discount, or add incentives to avoid Delay.

b)   Concentration of Market:
Are Buyers Dispersed & use Advertising, or Concentrated & use Personal Selling? The number of Buyers also affect Decision on
Method used.

c)    Type of Customer:
Is Customer a Channel Member or a End User? Is it a Specialised
Product or is for a general use?

2)  Nature of the Product:

a)   Unit value is high or low. Low values are generally meant for Mass –
Market & use Advertising as a Primary tool.
High unit value items are generally complex & require Personal Selling as a tool.
b)   Degree if Customisation. Similarly Custom Made Products will require individual attention as in Personal Selling, as compared to the general Product.

3)  Stage in PLC:

In the introductory stage emphasis is on Promoting Product category-e.g.
CD’s, especially Information Products, etc; Buyers need to be informed of the Benefits & Middle Men convinced through the ‘Sales Promtion’ to carry them. In growth stage emphasis shifts on Product/Brand image.
In maturity stage, advertising is used to Persuade, rather than inform. New Attractions are highlighted.
In decline Advertising is used scarcely & only as a Reminder.

4)   Push/Pull Strategy:                                                                                        
           Promotional Programmes are Aimed at  Middleman, Customer, or Both.
a)   A Push Strategy:
A Promotional Programme Aimed Primarily at the Middlemen is called a Push Strategy. It usually involves a heavy ‘Personal Selling’ & ‘Sales Promotion’.

b)   A Pull Strategy:
 A Pull Strategy is Aimed at the End Users to motivate them to demand the Products  from the retailers, who will in turn demand from the Wholesalers  & finally Sellers;
Pull Strategy Rely heavily on Advertising & Sales Promotion, such as
Sampling, Special Discounts, Giveaways, Displays etc;